Metro Bank Share Discussion Threads

[sentimentrules] 30/3/2020 09:36

Do u guys buy new cars? I couldn't bring myself to pay it ever.

Ya could pick up a 5 year old S500 for pence compared to listing. Always few miles on most of them and like they just left the showroom

If the plate number doesn't bother you, there are great top end vehicles out there for nearly nought. And getting cheaper because nobody wants to run them. Probably why so cheap after leaving the showroom

[idoflykathy] 30/3/2020 09:35

share price seems to be being held down. Hardy bounced during the big ftse bounce last week. Could be an interesting trade today going into data. See what you can dig up...

[sentimentrules] 30/3/2020 09:33

Used cars will make a fortune in the near future. New car sales will take a massive 2 year hit

[idoflykathy] 30/3/2020 09:31

It’s an interesting one indeed. All time low going into data. Short interest at all time high. But underlying business is solid. Breakdowns likely to be unaffected by virus, if anything, demand will decrease, which should increase margins in core breakdown business. However AA owns driving instructor business, which will suffer. Also owns AA cars, which is a used car website. Both non core but both will be massively affected. There’s also the possibility that people cancel their breakdown cover during lockdown.
So it’s an interesting one for sure.
The issue seems to be debt. Needs refinancing bond in 2022. If this crash leads to interest rate increases by that point, then debt is likely unsustainable.
There is the possibility of selling their insurance business, which is very healthy, but valuations won’t be what they would have been, so this may no longer be enough.

[sentimentrules] 30/3/2020 09:25

Interesting u came across that one indeed. Def first on the list today

[smartie6] 30/3/2020 09:19

Still no amaretto, come on son the ftse has put back on 80pts. Please post, as it’s about to turn again. Give me another laugh.

[sentimentrules] 30/3/2020 09:13

Will do in a few mins. Actually still in bed checking emails on da TV. Lol

[idoflykathy] 30/3/2020 09:12

SR, you taken a look at AA?
Massive short interest that’s recently ramped up. At all time lows. Huge debt mountain and Mcap now around 30% of EBITDA

[sentimentrules] 30/3/2020 09:10

It's expected in most banks . These sort of culls are pension funds atc

[smartie6] 30/3/2020 09:09

No one wanting to touch Barclays though. Maybe wrong but tells me RNS today regarding dividend cancellation. 11th hour. That will hurt.

[sentimentrules] 30/3/2020 09:06

Deserves a breather with all that hard work

[smartie6] 30/3/2020 09:05

Ftse having a bit of rally before they take it out again. Lol.

[sentimentrules] 30/3/2020 09:05

Sorta like how mtro will finish...boots flying off

[sentimentrules] 30/3/2020 09:04

No matter how tight the boots are on..they go flyin

[sentimentrules] 30/3/2020 09:03

It's OK when they jump. When they bounce off the tarmac , a spartan is there with a spear just to be sure

[smartie6] 30/3/2020 08:59

-170 amaretto dwarf. Where are you, come on time to take your medicine.
Keyboard warrior.

Please don’t jump, all the rest of the little Borrowers need you.

[sentimentrules] 30/3/2020 08:55

It's assured . Say nothing for literally 30ins after one types and it all goes to pot for em

[smartie6] 30/3/2020 08:53

Not heard anything from the dwarf for near a hour. Perhaps he’s still trying to get onto the window ledge. Use a few books to get you up there amaretto dwarf.

[newbytothis] 30/3/2020 08:53

Ive no idea why I'm drawn to this thread ...lol

[sentimentrules] 30/3/2020 08:52

Everything under slaughter I see

Amm gets upset because of tullow oil really I think

And the fact it's going to zero

[smartie6] 30/3/2020 08:50

Qantas has followed me, another stalker.
Maybe because they’re all below 0.5%. Lol.

[qantas] 30/3/2020 08:48

QANTAS30 Mar '20 - 08:42 - 136959 of 136961 Edit
0 0 0
Poor old desperate shorts have run out of fire power and are doomed to failure.

MTRO Bank is shorted to 8.2%

Wonder why Barclays and other banks not listed ?



Please do your own research as always.