Member Info for booboobooboo

"Who is looking to take out MTRO 235-300p level?"

who?

"To be fair 358p is similar level to Lloyds 33p Vs 52p Book Value"

Thats exactly right, shorting bombed the SP to a level 2 times lower than where fair value should be ie 358p.

Since the disposal of £3B worth of residential mortgages to NWG in Dec Goldman have increased from 4% to 11% then back down to 10% and more recently back to 11%.

In a highly volatile market witnessed last week MTRO had a very flat week indeed.

Anyone got any ideas what's going on ?

I didn't have any problems buying another 10,000 shares just now , I have a good feeling that our Robin Hood friends might be joining us soon .

GL everyone

Firstly never average up and as a general rule you never have to guess the bottom cos the bottom always sits there waiting for you when its landed.

For example i can remember back in Feb /March last year having a few hours to think about buying BARC as it floated around 80p.

One strategy is to say i will only buy if they go to £1 , that in itself is a gamble but without you risking any money , if it comes off your reward will be the greater ie 35% more shares.

Note : should it reach £1 don't necessarily buy without first being comfortable with the news around you at that time ie we aren't about to enter Pandemic II and if that is the case all bets are off.

My gut feeling on this is we are going to see LLOY down below 5% today and almost certainly lower again tomo .The DOW from an all time high has a long way to fall and it is very , very likely that P.1 has already entered the US.

Stevie Wonder

"If they dont reinstate the dividend , when they give the results on the 28th Feb,,this will tank"

I don't know if you are blind but by the time the 28th comes along the SP will have already tanked.

One of the golden rules of the stock market is to never brave it out for dividends that in this case probably won't be happening .

The realisation of long term airport closures is beginning to sink in as the risks and consequences of multiply variants entering Euro and the US is being slowly realised .

Its what they are not telling us is what we need to be concerned about ATM .

The risk here is all about overseas variants getting organised into Euro and the US and the ability for the present C-19 vaccination to fight them. AST have announced work has started on the SA variant but its P.1 from Brazil we need to be more worried about.Based purely on the speed of vaccination distribution we have all witnessed over the last 2 months it is starting to look like this could all go on for a while yet meaning banks are going to find themselves more and more under pressure as bad debt start mounting .

This could easily start resembling a game of snakes and ladders if you catch my drift .Sometimes doing nothing can make you more money.

Jr20

The risk here is all about overseas variants getting organised into Euro and the US and the ability for the present C-19 vaccination to fight them. AST have announced work has started on the SA variant but its P.1 from Brazil we need to be more worried about.Based purely on the speed of vaccination distribution we have all witnessed over the last 2 months it is starting to look like this could all go on for a while yet meaning banks are going to find themselves more and more under pressure as bad debt start mounting .

This could easily start resembling a game of snakes and ladders if you catch my drift .Sometimes doing nothing can make you more money.

I sold up today , its not just the airports closing down that is of concern its the reason for closing them down and the unusual assertive leadership that did it, when they have previously lead us like pussyfooting ditherers over the last 12 months .

I sold up today , its not just the airports closing down that is of concern its the reason for closing them down and the unusual assertive leadership that did it, when they have previously lead us like pussyfooting ditherers over the last 12 months .

I think you will find they know a lot more than you.

JP Morgan reiterated its 'overweight' on Bank shares citing "a number of supports for Banks this time around: robust balance sheets without a need for dilution, better credit market backdrop, attractive valuations, potential for some consolidation, likely return of dividends, tailwind from the move up in bond yields and the steeper yield curve, and crucially better earnings backdrop."

Neil , you might want to include the 2nd vaccination to that equation ie another 12 weeks on top .

I am thinking more likely September myself.

The last 2 trading updates have beaten market expectations this should play out the same way .

Sorry Neil I didn't read the "Subject".Too busy working in the garage .

When is the trading statement again?

Looks like this one is in the bag making this the best Xmas ever!

The moment Brexit is cleared it will be a without obstruction move back to RI prices which is around £1.85.

It plans to open three new warehouses in 2021, which will
ultimately provide 40% more capacity , with the aim of holding 30% of the UK delivery market in the medium term.