Metro Bank Share Discussion Threads

[dealy] 15/7/2024 11:08

this is creeping up. maybe news of deal is leaking

[socionomics] 15/7/2024 09:30

58p target.

[dealy] 14/7/2024 10:23

This stock is acting like it's a non-listed company, due to the fact that 53% belongs to one investor and the fact that the market cap is so low. That's why it does not follow movements on the sector or market in general. We are in the hands of real events such as profits and a going private takeover event

[socionomics] 12/7/2024 09:28

News must be just around the corner. The chart is ready to shoot north.

[danvandan] 09/7/2024 17:16

Looks like the market couldn't be less thrilled by MTRO's current effort to sell its mortgage book. Presumably potential investors will 'believe it when they see it'. Fingers crossed it works out this time.

[institutional investments] 09/7/2024 17:05

I have an idea

Given most of the views here are a buy since 4400p, maybe we should listen to them at 40p as well?

[gotnorolex] 09/7/2024 16:13

Metro Bank has launched its first limited company buy-to-let product.

[barnes4] 09/7/2024 11:18

Oh investments 😛

[institutional investments] 09/7/2024 11:15

even if it did bring in 300-400 million, it's only peanuts with MREL for finding other uses. it's nothing

MTRO is going private - cheap - whenever

[1224saj] 09/7/2024 10:37

Which means they don't believe it will happen. A sale would bring in between 400-600m on a pe of 10

[dealy] 09/7/2024 09:03

market seems to view this as a negative

[barnes4] 09/7/2024 08:05

Come on who charged in yesterday

Inch hi private I’s 😂

[arborfieldinvestor] 09/7/2024 08:00

Based on my research they will hopefully achieve £300-£400 million for £3-4 billion of mortgage book. Around twice the current valuation of the company (not counting debt!)

[dealy] 09/7/2024 07:13

any thoughts on what metro could get for this book of business? also, how much revenue it currently generates

[imjustdandy] 09/7/2024 06:28

Don't be surprised if this is the moment metro is taken over. Barclays or Nationwide would swallow this crumb in a heartbeat

[institutional investments] 08/7/2024 23:12

You weren't supposed to be bothered. Just another opinion like all the rest

[barnes4] 08/7/2024 23:05

Oh investments really 😳
Bothered no not really

[institutional investments] 08/7/2024 23:03

They have to dump assets. Obviously given balance sheet. I think the story was to pre-empt an imminent horror market story about the balance sheet

But now is a time for vultures. Opportunists

The only way they will get any value given macro risks to book, is if underwriten by gov or central bank. That wouldn't go down well, first weeks in power for labour

[institutional investments] 08/7/2024 22:50

Always a story 'leaked' at Metro Bank, followed by it's funeral

[institutional investments] 08/7/2024 22:49

Specialists at it

4th November 2021

Following the recent press speculation, Metro Bank confirms that it has received an approach from funds affiliated with The Carlyle Group ("Carlyle") regarding a possible offer to acquire the entire issued share capital of Metro Bank (the "Possible Offer").

Metro Bank has engaged with Carlyle in relation to its Possible Offer and a further announcement will be made as and when appropriate. In the meantime, shareholders are advised to take no action.

[1224saj] 08/7/2024 21:58

Sky released the story at 12.20 today,Good to see the RNS reacting to the story

[institutional investments] 08/7/2024 20:24

Another comic metro bank story. probably merlot man again. translated

"It's balance sheet is awful - they need to sell the mortgage book - rather than take advantage, everyone wants to give them an extra billion before property collapse