Member Info for bigsmoke

Few months back multi press reports flooded the market if metro as much as sneezed. Now director buys £0.5m chuck of shares in the middle of deal negotiations, and nothing... hmmmmm

wouldn't know about that jim, but if i recall right there were comments about what posters historically post on twitter, advfn and other places. if that was the case then i find that creepy concerning behaviour, not even conduct for an outlier sock. all my opinion. others might find that acceptable. but best review your privacy settings.

many posters have stated that there can be no deal event lurking because the CEO has purchased shares. but the PUBLIC status quo is that the award winning bank remains in "exclusive" talks with a P2P target over a deal. i trust the same posters directed their denouncement to the FCA (yes the one who is dragging their heels on their ongoing inspection of the customer loved bank) before posting what appears to be unfounded and outlandish statements here.

i'm checking because quite a number of posters have now claimed that despite (a) the CEO PUBLICLY reporting the view of such a likely massive uplift in share price from such a transformational event, and (b) the PUBLIC terms and conditions for BBL / CIBLS / CLIBLS accreditation including the "expectation" of the transformational event happening, that the CEO should somehow be banned from making a share purchase based on that public info ..........................

The CEO of £190 m/c UK bank with top flight customer service but out of sector sync x0.1 book value, who publically claims the bank has a "fortress balance sheet" securitised over low LTV loans, has, after the bank has (i) entered around half a dozen service innovations and digital partnerships, (ii) rewarded / incentivised all staff, and (iii) gained BBL / CIBLS / CLIBLS accreditation which carries a "generally expectation" that brokers qualify for IRB (which per the CEO, if happens, ought to put 200-300p on SP), has just purchased £500,000 ish worth of shares ......................................................................... hmmm

don't want to speculate jim.
but it does support a confidence which was lacking.

sad to see the general acceptance even amongst the hopeful that west med is not worth a carrot.
are we still paying 1 million a year to maintain the "word class asset" which "several potential interested parties" have been reviewing the data room for, what, five years now?? the data room consisting of (i expect) two items 1/ a map of Russia with an x on it, and 2/ a box of hankies to wipe eyes from the laughter.

"The plan I'm working to, BS, is a share price at year end of 7p+. That's all that counts. If it's still at the 3p / 4p level, I'm out. Time and Tide wait for no man."

- fair dues. each to their own. but you think the company will make it through this pandemic without, well, you know what...

"Metro Bank offers customers and businesses the choice to bank however, whenever and wherever they choose. Whether that’s face-to-face banking in store, on the phone, online or via its mobile app."

"Metro Bank is continuing to open stores while other banks make closures." ... "The store will be Metro Bank’s first in Yorkshire, as part of the bank’s plans to open 15 stores in the north in the coming years; Metro Bank has opened stores in Manchester and Liverpool in the past year."

"The team in Sheffield has been fundraising for Brain Tumour Research and Support, Yorkshire’s Brain Tumour Charity"

"The bank has created around 25 new jobs for local people and will have more than 2,000 Safe Deposit Boxes for customers to store their valuables with access seven days a week. Boxes are available to reserve now. Local businesses will benefit from Local Business Managers ready to help them run and grow their businesses."

- all sounds good to me.

Metro Bank opens first outlet in Sheffield
https://www.yorkshirepost.co.uk/business/metro-bank-opens-first-outlet-sheffield-2891090

under pressure to keep the jigsaw coming together

Analysts upbeat on the outlook for Metro Bank
https://www.stockopedia.com/articles/analysts-upbeat-on-the-outlook-for-metro-bank-82953/

Metro Bank hosts new networking group to ‘bounce Bristol back’
https://bdaily.co.uk/articles/2020/07/01/metro-bank-hosts-new-networking-group-to-bounce-bristol-back

Will Metro Bank get RateSetter at a ‘knockdown price’?
https://www.p2pfinancenews.co.uk/2020/06/29/will-metro-bank-get-ratesetter-at-a-knockdown-price/

Are Metro Bank shares too cheap to ignore?
https://uk.finance.yahoo.com/news/metro-bank-shares-too-cheap-105134166.html

Daniel Frumkin Buys 500,000 Shares of Metro Bank PLC (LON:MTRO) Stock
https://www.modernreaders.com/news/2020/07/05/daniel-frumkin-buys-500000-shares-of-metro-bank-plc-lonmtro-stock.html

Of the need to research and denounce the grant of each bounce back loan if ones self-professed strategy is follow director buys. Hmmmm. Lots to think about there.

Pinpointing prevailing panic for pause after president prize buy

Lol

For 12 months . When there are, what was it, so many better opportunities out there???

I will not be drawn back into a certain posters failure to detach discourse again.

“Indeed others were advised to do the same.”

The rules forbid investment advice. But here we have it. Advice to sell rendered.