Metro Bank Share Discussion Threads

[tsmith2] 15/5/2019 10:53

£8 on charts, could move up very sharply. Very large short position to unwind...

[fast mover] 15/5/2019 10:49

The short squeeze is now on!

[kemche] 15/5/2019 10:45

Bought a smidge for a trade. Simply to join the Prof.
£20 on the morrow.
But I may leave before then.

[arja] 15/5/2019 10:34

still kicking on but must be near to overbought for the day unless more shorters decide to close their positions .

[fast mover] 15/5/2019 08:52

Ahahahahah let's see what the placing price is.... I don't think it's £2.00 with the share price where it is... I reckon £5.00

[arja] 15/5/2019 08:50

performing well today and markets sometimes fool us

[bricktycoon] 15/5/2019 08:48

Investors will be left with buttons here placing at sub 2 on the cards vermin's wife will be harrords this weekend hitting the metro card hard this is going to crash in the morning mms letting big boys out today sell sell sell

[fast mover] 15/5/2019 08:11

Agreed - it's come down a long way...

[fast mover] 15/5/2019 08:09

The announcement comes tonight confirming £350mill is raised reading the press.They should have raised the capital in January when the share price was £15 and the original shareholders would be buying the rights issue at £13... The shorts will be squeezed.

[tsmith2] 15/5/2019 08:05

a very big short position to unwind!

[buywell3] 15/5/2019 08:03

Vernon seems to have played this wrong from day one


Telling the market that they needed to raise 350M weeks back now looks plain daft at best, as the share price has tanked since and BIG holders walloped


Some have sold down their holdings


Now anyone thinking of taking a big share at a BIG discounted price will decimate the rest of existing investors

A double walloping

[bricktycoon] 15/5/2019 07:58

Monster carnage today news is out sub 2 pounds placingget ready for a massive sell off this is bust

[fast mover] 15/5/2019 07:45

Metro Bank holds out the begging bowl as it battles to raise £350m after share price crash. Metro Bank (MTRO) has launched a final push to tempt new investors in a battle to raise £350million – with the results expected tonight. Chairman Vernon Hill has been calling senior City figures to seek support, after a share price crash following an accounting error. Metro has also approached sovereign wealth funds about buying new stock, sources said, and is expected to announce it has raised the money from a mix of new and existing investors, after markets have closed this evening.

[fast mover] 14/5/2019 22:19

https://www.bbc.com/news/business-48274981

[bricktycoon] 14/5/2019 18:37

Big New York investor selling while u still can check the rns this afternoon the sheep will be left here for this to go to zero

[bricktycoon] 14/5/2019 18:35

Like I said mms lifting this for big holders to bale the carnage will start tomorrow

[alexios1201] 14/5/2019 15:57

After £350M cash injection Metro Bank CET1 increases 360basis points (14.4%)So 26.5 from the current CET of 12.1%

[bricktycoon] 14/5/2019 13:49

This will plummet to sub £2 on imminent news the carnage will return in the morning sell while u can

[this_time_its_different] 14/5/2019 12:16

Surprised people are buying this dip will all the uncertainty, will sell off fast if news is bad.

[bricktycoon] 14/5/2019 11:44

Accounting scandal rns this week sub £2 coming mms letting big fish dump today carnage resuming tomorrow sell sell sell

[arja] 14/5/2019 09:27

tradejunkie,
usual meaningless and stupid comment from you .

[propinv] 14/5/2019 09:25

You can learn a lot about honesty and values in a time of crisis. The board in recent weeks have been anything but open and transparent. Deny, deny. Customers are not stupid. Concerns around losing money may be irrational - but there has been a permanent dent in the credibility of this company from this and as a minimum earnings trajectory is going to take big hit