Member Info for Bluebelly

you can buy 9 shares @ 69p for every 40 you hold. 40 x 13.5p = £5.40. 9 @69p = £6.21.
You 40 shares become 4 after consolidation. So your cost for 13 shares will be £11.61 or 89p ea.
183m new shares in issue will value company at £162m. Worth a punt as we will have £116m in cash and our mcap today is £109m distressed fire sale price.
Not so good for long term holders as the the calculation changes for the worse.

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The discount is already announced.
For every 40 shares you hold they will consolidate and become 4. For every 4 shares you hold, you will be able to purchase 9 new shares at 69p (£6.21)
At current price, 13.5p, consolidate 10 :1 = 135p x 4 shares = £5.40 and 9 shares for £6.21. 13 shares held for £11.61, 89p a share, 8.9p in old money.

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Caxton also started seriously increasing their short position on the 23rd April 20. The SP closed around 57p, the price then rose as they were increasing their short, up to 72p.
I bet they were sweating until the fall back.
https://shorttracker.co.uk/manager/caxton-europe-llp/
We shall see over the next few days how this plays out!

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Maybe a 2 for 1 at 33p.
This would give us a target price of £1 instead of the start of year £3 price. Plus lots of upside.
Currently averaging 51.7p.
Average after dilution 117.7p/3 = 39.23p
I won’t rush to sell on Mondays dip, maybe buy more to further reduce average.
Priced to fail and news released to drive it down further.

GLA

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Thanks Big Smoke,for posting.

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Down ??
or UP??

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HMSO has had a similar drops over two years, both around 85-90%.
However the net assets are vastly different.
Intu @ FY2019 statement: £1846m - M/cap now £70m
HMSO @ FY2019 statement:£4377m - M/cap now £492m
Both with £2b+ debt.

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Swartz. I appreciated your post. Lets hope Metro get the targeted area they are looking for. Leaving Lloyd's etc to do what they do. There's definitely room for Metro on the High Street.

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100% of it's lows now.
Could do with consolidating, rather than rise further and fall heavier.
Market cap improved, obviously.

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Seems a big drop for an ok RNS.

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I hope they drop it to scare Investors.
This could be the biggest riser in 2020, after last years headline - Metro loses 90% of its value, FTSE
biggest faller - or something like that.

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Seems ok.
Considering 50% has been lost from market cap since the last report.

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https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/MTRO/14529572.html
Haven't read it yet!
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Just checked the recent RNS's, I didn't spot any notifications inbound.

TIA

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Amazing, that SAVE is at this level, after a good update.

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It wouldn't surprise me to see a further 20% come of the FTSE, even to the low 4000 area, which would be around a 45% fall from high. For the Dow to hit the same level it would have to be around 16500. I believe it will revisit it's low, but Trump will try everything to support it, possibly to the detriment of the USA over the longer term.
All the market need to factor in the new earnings for companies, but allow for future growth if they can survive. Then start the new bull phase. SHI appear to be undervalued, so lets hope they are not dragged down as much as some stocks that have recovered massively and are possibly overvalued when it comes to FY20 earnings.

All IMHO

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No real massive risk in this case!
https://uk.tradingview.com/chart/s7MGcRMw/

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TC.
I agree. I followed Kalans tip for the SUK2 ETF and managed to buy through Hargreaves & Lansdown as Halifax won't allow you to buy that ETF. Basically a fund that goes x2 up if the FTSE goes down. Never shorted before, not sure if this is a short in the true sense as I've bought a fund.

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Will support hold.
Didn't rise with the FTSE but gets dragged down with it.

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Heardy. The RNS from 30th April is not listed on this site. Check out official LSE site for confirmation.
Link:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SHI/14482083.html

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