Metro Bank Share Discussion Threads

[smartie6] 16/10/2020 15:07

In all seriousness CUD, do you think we'll see a run on the bank?

[kirk 6] 16/10/2020 15:07

American markets are flying

[smartie6] 16/10/2020 15:06

CUD, you shorting again?
I love it when you try to draw the unsuspecting punter in.
It's like watching a Venus flytrap, always gives it time before swallowing it down. Hail CUD.
Reeeeeespect.

[cantrememberthis2] 16/10/2020 15:03

Lets see...

£1125m BBLS Loans approx equating to £28.125m INTEREST for the first 12 months by HMG
EBA have released RTS for software towards CET1, PRA have said they'd do likewise once it formalised thats another £25m-60m added to CET1
Then theres the RWA reduction Im expecting it to give CET1 £16m extra headroom

That alone is £69m extra without passing wind :)

[smartie6] 16/10/2020 14:55

JD, do you think we'll see a run on the bank soon? Must be a worry given the share price confidence right now?

Chicken and egg scenario? What comes first a rights issue or a bank run?

[smartie6] 16/10/2020 14:53

JD, how much are you underwater on this one now?
You must be worried how much they have out of the door on Property, especially given Landlord repayment issues given current crisis?
I think you should reassess capital buffers, you may come to a different understanding.

[smartie6] 16/10/2020 14:49

Do you think JD that there maybe a run on this bank soon?
SP confidence would appear to have evaporated.
Could be a chicken and the egg scenario?

[smartie6] 16/10/2020 14:47

JD, how much are you underwater on this now?
Will you be partaking in a rights issue?
You already know that they're heavily into Property and given Landlord issues they're facing increased provision requirements, no?
You also need to reassess capital buffer, on recalculation you may come to a different conclusion.

[thomas4billing] 16/10/2020 11:52

Heavily shorted ? Went from 11 per cent to 7 and low volumes exchange...I do not agree. More like a game to keep gobbling retail investors before dealmaker, new Chairman, comes on board. No panic from large investorsPatience will win #METROMYRETIREMENTPLAN

[laptop15] 16/10/2020 11:31

SP just seems to be hitting new lows and its getting heavily shorted

[laptop15] 16/10/2020 11:30

Whats the funding like here guys?? Are they financially stable or do they need new funds??

[thomas4billing] 16/10/2020 11:24

I was initially convinced that a Brexit Deal will be better for UK... As we are approaching, I am not that sure anymore. It may give so much freedom to UK that they can then easily get great deals done for their interest.Charge a fee for European (and non-European) fishermen who wish to enjoy the rich British waters ? Get Free trade deals with bew countries outside EEC ?Allow quickly Over sees British (Hong Kong) to settle down in UK ... with their savingsReduce Corporate Tax to attract GAFA to move from Ireland to UK or just few miles North (NI)Make UK pounds higher and facilitate ilports...

[ant_eater] 16/10/2020 11:03

No rights issue, only little ants to be eaten, last chance to close your shorts.

[spartan attack] 16/10/2020 10:42

All going to plan for some i reckon lol

[robingood] 16/10/2020 10:17

I’d say the likelihood of a rights-issue here is very likely. Things are not exactly going well.

[jamesdyson] 16/10/2020 09:40

Thomas, quite a few other items about the BoE updates regarding buffers and MREL. Have a read.

Smartie still pushing his rights issue. Probably when short on Amazon and EUA too. What a genius.

[smartie6] 16/10/2020 09:22

What value will we see a rights issue at?

[thomas4billing] 16/10/2020 08:22

November is the Metro Month with lots coming:- Deal or No Deal ? We will have the answer as we have the question for too long- US election and US - UK Free Trade deal- New Dealmaker Chairman... Give him a chance to buy shares for cheap before he makes it a 10 baggerAnd more to come...

[smartie6] 16/10/2020 08:18

Next week we have Banking results, in which provisions are anticipated not to increase further. Strange but true.

[smartie6] 16/10/2020 08:16

Depends whether Boris has the balls to call it a day on brexit.
We all know that this has been his intention since day one, time to do so now rather than continue the fiasco behind smoke and mirrors for another month.

[thomas4billing] 16/10/2020 08:13

What do you bet for 55 p tonight ?

[robingood] 15/10/2020 22:19

55p finish tomorrow, and 40p by the end of this month.

[kirk 6] 15/10/2020 18:28

Talk of this possibly doubling or even travelling next week