Metro Bank Share Discussion Threads

[solo4yous] 04/4/2024 16:20

Yup can see 60p on decent update

[the imperialist] 04/4/2024 12:49

Looking very positive indeed.

[arborfieldinvestor] 04/4/2024 12:47

Looking positive, I've continued to average down over the past couple of days. The fundamental numbers and company valuation are way of of wack. Personally I see a big re-rating after the next results when the cost reduction will start to be seen.

[fast mover] 04/4/2024 11:26

Agreed - there is a buyer in town who can also see the value...

[paul planet earth1] 03/4/2024 20:49

One of the best turn around opportunities going just need to be patient thats all and ignore the surrounding noise and distractions!

[solo4yous] 03/4/2024 10:37

Idiots PRA AND FCA fines were peanuts

[thanatos abysss] 03/4/2024 10:34

£1 by easter

[institutional investments] 03/4/2024 10:32

8p soon . Well, assuming they will he ecthst much left after the next fine

Surely be massive given the history ? And ought to be sued by the developer too

[gary_barlow] 02/4/2024 11:27

Can't even get weekend hours at Metro now, proppa pizzed innit. Gonna tell Abz I'm leavin. Will ask my homie Avnash if he'll get me a job at PC World.

[institutional investments] 02/4/2024 11:26

Beautiful day. Some countries anyway

[gary_barlow] 02/4/2024 11:22

Bruv, DJ Lollipop iz not liking dis $hit, man. Oh...my...dayz, if dis $hit goez down to 5p gonna be screwed innit. Gonna have 2 sell my ride 2 pay off da margin.

[blackhorse23] 02/4/2024 08:11

Arkeyo is not a good choice

[blackhorse23] 02/4/2024 08:10

I think they need to replace the US software provider

[barnes4] 01/4/2024 22:48

Roar oh dear

[arborfieldinvestor] 01/4/2024 22:40

I was worried when I first read it but it states there has been no data breach so really not an issue. Still could be a trigger for shorts unfortunately, anything negative these days causes an overreaction.

[paul planet earth1] 01/4/2024 17:25

This Guardian article, note none of the more worthy mainstream business press are showing any interest, is years old...The coin counting software was deployed back in 2016 so been around nearly 7 years, funny how a whistle blower says there is now an issue, really, probably a disgruntled ex-employee recently made redundant... what a complete t@sser!

[1224saj] 01/4/2024 16:28

That's most peoples get out even. The majority shareholder is averaged about this price. Would be nice to see it around 1.00, then most people could walk away clean

[forfaiter1] 01/4/2024 14:47

"he Bank of England is looking into allegations that Metro Bank placed customers' data at risk through the misuse of software that lies at the heart of a long-simmering legal tussle. The person that contacted it alleged that the software linking Metro's Magic Money Machines to customer accounts had not been made for that purpose and potentially created weaknesses in the system. Metro allegedly made matters worse by sharing the source code for the machines with other parties. - The Guardian"

[blackhorse23] 01/4/2024 10:13

https://amp.theguardian.com/business/2024/mar/31/bank-of-england-investigating-claim-metro-bank-put-customers-data-at-risk

[institutional investments] 31/3/2024 12:14

I think the FCA are still trying to run it until a solution can be found re delist it without blame

[kreature] 31/3/2024 11:53

Is this one still on the fca crime watchlist ? Or can we carry on pretending it’s not ?

[thanatos abysss] 30/3/2024 23:03

£1 by easter

[professor pettigrew 2] 29/3/2024 10:29

Really encouraged to see the 30p placing price held even with the volume of shorters.

I am a BUYER and have held the corporate bonds since 2018.

I am sticking with them and have several business accounts utilising their services.

This is a mega turnaround opportunity IMO.

In the next 24 months the stock will get back up to 100p.

Yes there is risk.

But if there was no risk the shares would be undervalued.

I think the risk/reward is now in favour of the buyer.