Member Info for Ammu123

So you are hoping this goes down ?

Capeview increased their shorts by 2.25m shares on the 3rd Feb...
Interesting....

Nah I was some research work on “sheep following the herd” saying...
Turns out it’s true over here.

All the info on sfo website ffs...
Some really emotional pfc investors on here.

Laid back I did not.
All the dates are correct . Seriously please pay attention to detail and stop assuming hahaha
https://www.sfo.gov.uk/2021/01/14/former-senior-petrofac-executive-pleads-guilty-to-three-further-bribery-offences/

Metro Bank today confirms the sale of a portfolio of owner occupied residential mortgages (the "Portfolio") to NatWest for a cash consideration of up to GBP3,128 million([1]) .
The Portfolio has a gross book value of GBP3,045 million with a weighted average rate of 2.08%. The Portfolio consists of primarily repayment mortgages with an average remaining fixed-rate term of c.2.5 years. The Portfolio has a similar geographic distribution to Metro Bank's wider mortgage portfolio and has a weighted average current loan to value of c.60%.
The 2.7% premium on gross book value results in an estimated GBP83 million gain on sale. On completion, the disposal is expected to result in a 30 September 2020 pro-forma improvement in Metro Bank's total capital plus MREL ratio of 400bps from 20.2% to 24.2%, and a 30 September 2020 pro-forma CET1 ratio of 16.3%.

Just to add. Current mcap 240m lol lol...

Metro Bank completes sale of GBP3bn residential mortgage portfolio to NatWest Group plc ("NatWest")

Further to Metro Bank's announcement on 18 December 2020 regarding the sale of a portfolio of owner occupied residential mortgages (the "Portfolio") to NatWest, Metro Bank confirms that the sale completed on 2 February 2021 as expected.

The Portfolio had a gross book value of GBP3,044m resulting in a total cash consideration of GBP3,127 million.

Compare to Lloyd’s metro bank is cheapppppp

Apologies 4bn

Again you are hoping for someone else to do the calcs and justify your position ? So you depend and trust other people to do the calculation and assume they are correct ?

You can’t even give me some basic calcs and keep saying shorters will take this to 100p? Have you read the merger docs ? Please don’t tell me others have done it and they will answer it....
Anyways I rest my case here.

Currently the company is valued at 200m x 20 = 8000m (8b)....
How is that undervalued?
You also posted that it should be 100p that’s valuing the company at 40,000m (40 bn)... seriously ?

I was hoping for you to explain hopefully in numbers why current valuations are of 200m++ for a 5 % of a company is tiny.
Thanks

Hi Goodman,
Let’s discuss pmo since this is pmo board and calling me new poster you must be a newbie. Most long term holder know me well.
Can you elaborate more on the Merger deal please and also why ARCM will close shorts now before the new billions of shares coming into the market soon ?
Also please don’t forget pmo shareholders gets 5% of the new company.....
Thanks.

Coming from chilting it is.
I knew he bought back in and predicted on Friday he will start with his ramps.
Just pointed out the group that he is no different.
Just not too long ago he was saying oil he done. Brent will average 50 blah blah blah lol....

You forgot the additional debt due to the acquisition.
Enquest debt will increase to 1.6b

Keep ramps coming chilling lol

Hasn’t pmo gone up from 9p?

Good luck all!!

Nope.