Member Info for 3xcogitator

Good news

What's not to like:

*Profit Growth – Underlying Profit Before Tax (PBT) rose 4% year-over-year to £442.9 million.

*Strong Capital Position – CET1 capital ratio stood at 16.3%, significantly above regulatory requirements and OSB’s 14% target, providing financial stability.

*Shareholder Returns – A further £100 million buyback and an increased dividend per share (DPS) of 33.6p (up from 32.0p in FY23), reflecting a 40% payout ratio.

*Resilient Loan Growth – Underlying net loan growth of 2.5%, in line with guidance despite the impact of securitisation and deconsolidation.

*Stable Net Interest Margin (NIM) – At 230bps, within guidance despite higher interest expenses.

*Cost Control & Credit Quality – Underlying Cost-Income Ratio (CIR) of 37%, only slightly above guidance, and a continued ECL writeback (5bps), indicating strong credit performance.

Likewise many here called out utter nonsense from you.

a long term backer of metro? Lol. I don’t think u are a short seller. imo u are neither long nor short. u just enjoy being here .

In fact, if u see the history, he instigated this labeling game. he would call every poster with positive thoughts about the stock a ramper. until many felt annoyed and started calling him a deramper. Lol

Likewise, don’t say anything positive, you’ll be called a ramper rather than actually pointing out the stock is undervalued. Lol

Very good results :)

I don’t care the stock price today or this week. I care about the results and progress made so far.

AIRB will be key if mgmt is determined to pursue growth mode

“Price is what you pay, Value is what you get”

Deramper trying hard to distract people from the important thing, the success of the bank’s turnaround, and ultimately how cheap the stock is

"Metro Bank has delivered a second consecutive quarter of underlying profitability and March has been our strongest month of performance since the turnaround commenced. " 3rd may 2023

Exciting week ahead. We will finally see the figures.

LLOY? Lol, clearly MTRO situation is different.

derampers ahead of result

Here comes timtam. see the pattern?

Accurate? Lol. Nonsense

Yada yada yada

Yes, many wrong info and guesses from Cyberdoggy, and yet Jimjam appears to try to build credibility for him.

Some recent examples:

Whilst Cyber can irritate me with some of his posts, its generally because I need to do more research to fully appreciate the point(s) he is making. Dismiss him at your peril. … All the best. JJ

Cyber, go to the top of the class and sharpen the ink wells. JJ

Cyber will put you on the naughty step, we must not be too positive! JJ

Cyber, could you elaborate as I view rises in rates as making a bank more profitable and therefore … Any thoughts you share will be digested carefully. All the best. JJ

I was simply pulling your leg. I agree you have called it right on many occasions. I am a fan.
Have a relaxing evening. JJ

Cyber you are a real bundle of fun. Are you related to Odey? JJ

Cyberdoggy, you will now be recognised as Cleverclogs. JJ

Read previous posts. DYOR

After a while something noticeable seems to emerge, a pattern of conversations between these two accounts, Jimjam and Cyberdoggy. How one subtly disagrees with the other while subtly agreeing at the same time, and how one occasionally praises and flatters the other. and notice the timing of their posts. and how one ‘rescues’ the other when many posters disagree with his views.

same building? colleagues? same person with 2 accounts?

I care less that it ISN’T. I care more that it WAS and whether it WILL BE.

Exciting month

A lot of noise in this forum. Imho focus on the fundamentals.

:)

Yesterday evening RNS was basically about the approval of the court.

RNS

"

Metro Bank is pleased to announce that, following the sanction by the High Court of Justice in England and Wales (the “Court”) of the reduction of capital by way of cancellation of the Bonus Shares and the Special Subscriber Shares (the “Reduction of Capital”) on 6 June 2023, the order of the Court confirming the Reduction of Capital and, a statement of capital approved by the Court, were registered by the Registrar of Companies. Accordingly, the Reduction of Capital has now become effective.

"