Member Info for Cyberdoggy

So firstly the valuation of metro post IPO is best completely ignored, the money wasn't raised in the normal way and valuation was based on the influx of money from original investors, many who have now deserted metro. Even though the valuation was ridiculous it at the time it could at least point towards being a bank who may get more of a foothold in the UK market and challenge the bigger banks being the first new bank to open new High Street banks in about 100 years. That promise is long gone, they've reduced branch openings below the number promised, they've suffered accounting scandals, theyve gone through share dilution, they've been loss making more often than profit generating, the founders been removed with scandals about money being spent on his wife's business to do up metro bank branches, there are green shoots of recovery though so it's a recovery play and long term hold. Hope that helps and paints a true picture for you.

The plan is already well established and bearing fruit, I'll be amazed if metro is in profit though, fully expecting metro to still have made a loss overall, as previously stated. Just need some tweaks here and there to take advantage of new opportunities that improve visibility in the marketplace and profitability.

Not sure why barclays are even being mentioned here, there is absolutely nothing to be taken from barclays that is of use to potential metro results and the resulting outcome.

Lol, I've quoted a range of £1.30 to £1.50 going back months, £3 in the next couple of years, I really don't know what planet some people are on at times. I've called out nonsense posts where people said the SP would reach £2 to £3 prior to Xmas, mad

Buy backs lol

And at least i understand the loss making concept, should really do your research

Pretty accurate if you ask me, currently much closer to 1.30 than £2-£3

Lack of serious directors buys isn't great

So harsh, unfortunately there's a huge issue with that theory, odey increased their short holding from under 0.5% to around 3% in mid Nov, the return to profit news from metro was released at the start of November, it was also known at that stage that rates were increasing, so why increase it after the outlook has became positive?

Harush, odey has massively reduced his short holding before, why should anyone pay anyone pay attention to that considering he's increased it massively again?

Jimjam, I wish I knew the answer to your question but I don't, I just take the view that nothing is as it seems when it comes to the stock market, I know that's not helpful but I'm not going to act like I know the answer to your question when I dont

Happy to explain further if you need me to how that is possible

Deary me Plutus, a return to profit in a given month doesn't mean a return to profit overall

My prediction is metro will still be loss making, won't be opening new branches anytime soon, margins will have improved, cost base reduction. Generally I believe results will be good but share price will stabalise around £1.45. The market always knows before the small guys, the recent increase is reflective of upcoming results in my opinion. Those expecting a significant rerate or increase will be disappointed, those who are in it for the long haul will be happy as results will demonstrate further progress.

Boom directors buy of £148

Just to bring to people's attention who aren't aware, odey has massively reduced his short holding before increasing it again on numerous occasions in the past, it's all there to see on short tracker for all to see, therefore best not to take this as evidence of any sea change with metro.

Lol what on earth are you talking about, on the grand scheme of it those aren't big buys, and when you factor in the sells on a similar scale they're just balancing each other out

Lol

Lol jimjam, you're spot on, exactly why I said it was a baseless comment.

Normally best to ignore people who's comments actually make no sense, rather than the other way about.

Lol accountant, what a baseless comment, you remember me from other boards