Metro Bank Share Discussion Threads

[ming da merciless] 19/3/2024 20:14

Damn right II

We still have to double down on our RR easy buy 77p short , at 400p

[institutional investments] 19/3/2024 20:06

One thing for sure Vlad. If we ever see a buy call here, we won't be calling it on advfn

[vlad the impaler] 19/3/2024 20:05

Boys
"The inverted crow flew under the migrating swallow"

[danvandan] 19/3/2024 19:49

jeez, joseph. six posts from you in 5 minutes. it's hard to have any respect for someone so juvenile. Everyone knows you're posting hundreds of times a day. It makes you look like a ridiculous saddo. Take a break mate. Keep it reasonable like on TW. and this could be an interesting thread.

[vlad the impaler] 19/3/2024 19:22

That the one starring The Merlot Man?

[gerbil control] 19/3/2024 19:21

Anyone see the Barbie movie?

[ming da merciless] 19/3/2024 19:20

Yes minister is still brilliant

[danvandan] 19/3/2024 19:12

What a fall today. As dealy said, there's nothing in the results to justify it. On the plus side, if you felt envious of Bacal and Frumkin's cheap shares, there's no need to be envious any longer!

How to characterise this ever sinking share? It's not a recovery story, because it's never made money. It's not a turnaround. Is it actually a very long start-up? 14 years so far. UK's 10th biggest bank.

I see three likely outcomes:
1. The bank achieves proper profitability. There's every likelihood of that now - they've reduced headcount, and will reduce it further, and are stopping Sunday opening. Who does their banking on a Sunday? No one. Bacal has made banks profitable before. He knows how to do it. Also, don't forget that all the major banks have properties. They might be closing them, but they still have hundreds of branches. So banks with premises do make money.

2. The share price continues to sink and Bacal takes the bank private. That might produce a small premium, but it depends on timing and this option does suggest that profitability rather than shareprice is Bacal's target. These two things do go hand in hand though. There's reason for optimism on this point.

3. A rival bank offers to buyout. Best option for everyone here, because it'll mean a big bounce in the shareprice. But not if the price manages to sink into the teens. All the charts look grim but I'm getting a feeling this could be near the bottom. I'll be keeping an eye on mtro.

Joseph, all your poster names on here are serving no purpose. Just one account from you here is all you need. ppl might even read it. Your current list - I have them all filtered and so does everyone else.

[thanatos abyss] 19/3/2024 19:01

Odey is Chinese

[gary_barlow] 19/3/2024 18:44

You don't have any friends in Shanghai, Joseph.

[vlad the impaler] 19/3/2024 16:53

Interest rate rise, Japan

[vlad the impaler] 19/3/2024 16:09

An old friend I visit in Shanghai in September, just sent me 3 days hotel to all meet in Hong Kong for whatever reason first, K11 hotel Artus room

Better not ask for the fkn money when get there 😂

[gary_barlow] 19/3/2024 15:58

Still too high a share price.

[vlad the impaler] 19/3/2024 15:36

Odey is back

[blackhorse23] 19/3/2024 15:20

Looks like 8p

[institutional investments] 19/3/2024 15:13

Well that would be a serious question at 19 and 8..highly possible

Would need to be seeing something uniquely special down there to think otherwise