Metro Bank Share Discussion Threads

[sentimentrules] 23/10/2019 20:10

Icejelly it seems my thoughts provoke you. ..into a statement anyway

How is it doom and gloom? As a shorter, metro demise is sheer bliss, fluffy clouds and big smiles

Super positive. .

[icejelly] 23/10/2019 20:08

SR - you are trying hard. Keep it up. How many more can you get in tonight. It's all doom and gloom for you. Time you had a drink and smoke of something. Or is that why you are in such a state? Hopefully you enjoy your own posts. Do you actually read what you write?

[cyberdog1979] 23/10/2019 20:07

Yeah, media not reporting this very positively and focusing on loss v previous periods. Think this will either stay around the current level or fall back a little, long term hold for any decent profit, if at all. Short term uplift of any significance highly doubtful

[sentimentrules] 23/10/2019 20:02

A lot of old news but shows no relenting by media

100p

[sentimentrules] 23/10/2019 20:01

FT



Metro and some of its senior managers are being investigated by the Financial Conduct Authority and Bank of England over the reporting mistake and the way it was communicated to investors.

Concern about the investigations meant that last month the bank initially failed to attract investors to buy a new bond that was required to meet new EU regulations. However, it pulled off the deal the following week after offering a higher interest rate. The high interest payments on the debt will weigh on the group’s income for the next few years, which Mr Donaldson said would be a factor in the group’s strategic review.

[sentimentrules] 23/10/2019 19:59

Net loss 4.9 million

[sentimentrules] 23/10/2019 19:58

FT extract

"

Metro Bank co-founder Vernon Hill stepped down as chairman with immediate effect on Wednesday, as the UK challenger bank’s latest quarterly results showed further fallout from a major reporting error earlier this year.
"

See results as said

[cocker] 23/10/2019 19:57

Can't argue with that reply, you must obviously know the score.

[sentimentrules] 23/10/2019 19:57

FT headline

Metro Bank’s chair Vernon Hill quits as losses widen

[sentimentrules] 23/10/2019 19:55

Pikey found WiFi.

Outside some playground I bet..

[1oughton] 23/10/2019 19:46

When SR says after data. .."Gonna short any open up " etc..Pay heed...Oh we will....... and do the opposite you total disaster

[cocker] 23/10/2019 19:45

A lot were asking how much more money was going to out flow from the bank, seems quite the opposite with 528mill coming in. I guess the bears won't want to hear this

[sentimentrules] 23/10/2019 19:36

Hahaha I just did lol

[sentimentrules] 23/10/2019 19:31

Got a feeling this isn't even close to the blood letting news

Convinced the shorter know something more

Before the accounting scandal..they doubled short interest in the previous 12 weeks. Got lucky?

12 weeks to this data they doubled it again. .

Funny feeling they have a source...

And more to come

[fxprotrader] 23/10/2019 19:31

these are far from good results....pathway to oblivion UNLESS interest rates shoot up...and that will not happen

[sentimentrules] 23/10/2019 19:29

Resisting the 'amazing ' results tonight anyway lol

[leoneobull] 23/10/2019 19:29

Can the US investors resist a bank for 325 million with 1.9 million customers and in need of better management to turn it around? Look beyond results to TR1s

[sentimentrules] 23/10/2019 19:27

Yes. You won't change media in a coin flip..they are coming...

[dijon52] 23/10/2019 19:22

https://www.nasdaq.com/articles/embattled-lender-metro-bank-swings-to-loss-in-third-quarter-2019-10-23?amp&__twitter_impression=true