Metro Bank Share Discussion Threads

[institutional investments] 30/4/2024 18:14

Well there is a lot of bearishness out there related to rates etc

Here is another perspective. May as well have both

[institutional investments] 30/4/2024 16:31

oops. they probably see it now

[institutional investments] 30/4/2024 15:46

The previous 2 days was a big set up. it shaped fundamental and even technical thoughts into today

but they missed something..........

[institutional investments] 30/4/2024 15:42

Im not saying this as expected prices , but just an example. A view can one day be right, but executed too early

Say metro bank hits 6p and 4 bags - and according to media, the view you gave is reason

It's got to align with markets time. or being right can make zero, even loose

[institutional investments] 30/4/2024 15:40

A reasonable post. I am open minded. Always willing to go with market. i just dont see it aligning with the view yet

[arborfieldinvestor] 30/4/2024 15:37

My biggest concern with MTRO (and I fundamentally think it is under-valued) was that the change in branch hours would affect the customer base. Although widely reported, it looks like that has not happened, at least not yet. They started the reduced hours and no opening on Sunday from yesterday which should see a huge down tick in costs in the next quarter. I still think this is a no brainer long term.

[institutional investments] 30/4/2024 15:33

i think you would agree, not a sign of a fund post financials, open market or off book.

[institutional investments] 30/4/2024 15:32

In the interim, this will go back to 30s fast in market terms

It wont close below 30 whichever day

But open well below it next day

Thats the script, imo

[institutional investments] 30/4/2024 15:31

It was a decrease after the promo, most likely due to trying to cut the deposits costs of promo etc

need to see this quarter for true gauge

[arborfieldinvestor] 30/4/2024 15:30

The decrease in March was 0.2% so normal 'noise'.

[institutional investments] 30/4/2024 15:29

Got it all but never mention any of those market numbers here

Suffice to say, bearish

[arborfieldinvestor] 30/4/2024 15:28

Looking at the buy/sell most of the action is on the buy side. Is there a big seller/shorter somewhere in the back whose share transactions are not being reported? Anyone have access to level 2 I would be interested in the order book.

[institutional investments] 30/4/2024 15:28

But a decrease once the promo was over and trying to cut costs of deposits late this quarter. Big rollover numbers to come in coming months

[arborfieldinvestor] 30/4/2024 15:26

I was pleased by the trading update today. 50,000 new customers in the 1st quarter, deposits up 4% and cost cutting seems to be a priority. I would have expected an uptick in the share price so surprised to see a fall. What am I missing?

[institutional investments] 30/4/2024 15:22

Anyone dipping a toe in?

How many toes have you guys got? 50?

[institutional investments] 30/4/2024 15:21

Down near 3% now. Must be 'The Joseph Affect' you guys post about

haha

[institutional investments] 30/4/2024 15:20

On the bright side though, its not suspended just yet. They can still escape

[institutional investments] 30/4/2024 15:19

Well guys, judging by their case to buy, I think they are hurting and in very deep

Sad to say, only another 99% to fall from today

[thanatos abysss] 30/4/2024 15:18

beware of cheap imitations folks

[thanatos abyss] 30/4/2024 15:18

They found me Putinaire

[vlad the impaler] 30/4/2024 15:14

Awful that the FCA, whilst on their financial crimes monitoring list, and pivoting to the casino sub sector, are allowing this to trade on the stock market

But i guess if allowed it from 4400p to 30p, no point stopping it now