Member Info for Discus1

I believe Dan has the same can do attitude that I saw when I first met Ross McEwan in his first week at RBS. The industry where so impressed around 12m later if I recall correctly he became CEO of the whole group -he could not believe the red tape and poor systems tying us in knots and preventing delivery - he rolled up his sleeved and got out there fixing something every day -within 6 months the management team where completely empowered. If Dan has the time this will come good IMHO under his leadership.

However I also thought the statement Around considering assets sales and the example he gave of if offered 93 forget it but offered 101 any-day. Was a tip to any predators - yes but I want true value for it.....

So happy either way currently. Let’s see...GLA

Moving quickly now - 198 !

Glad I popped out for the morning - looking better now ! Volumes look good for what we need.....

Don’t worry pione3r - in Bacal we trust - £20M worth currently! He won’t be hanging around for decade to make money IMHO....

FY 2019 results – 26 February 2020

With investor conference call at 8.30am

When blood is on the streets it’s definitely time to buy!!! GLA

Nice - 240000 at. 204.36p

Gee wiz - I go out for a day and 250 posts ! Think I need to go and lie down...

You may be right BS - biggest volume today since spruce increase on 4th Feb
Interesting to see if any leeks after the board meeting tomorrow before the results next week....

1,593,022. Mon 17 Feb

1,077,064. Fri
753,996. Thur
454,207. Wed
693,683. Tue
1,167,395. Mon 10 Feb

1,478,697. Fri
846,833. Thur
1,263,635. Wed 5th Feb. Cohen reduction
2,841,517. Tue 4th Feb. Spruce increase
1,547,103. Mon

Indeed!!!! I read the tea leaves early and held no banking stocks up to the financial crisis where as many colleagues lost their shirts and are still working unfortunately......

Well Bacal is betting against them buying 6% - that’s a cool - £22 million around 2.10
Then spruce have upped to 6% recently as well - so you are right - make your bet on who are the better business gurus - personally as I’ve been around banking for 30 years - I’m following Bacal every day of the week - GLA

And how many people remember First Direct is owned by HSBC - hmmm
Metro - what a great brand to own along side your own......

VOLEON CAPITAL MANAGEMENT LP is an SEC Registered Investment Adviser (RIA). The firm is based in BERKELEY CA UNITED STATES. As of the firm's last SEC filing on October 16, 2019, the firm has 42 employees and has $3.8 Billion in Regulatory Assets Under Management (RAUM).

Could it be as a hedge ? Any other thoughts....

The last time Cohen reduced his holding on 2nd Dec- the next day Bacal increased his stake....

CPV Metro Investment, LLC?CPV Holdings, LLC
Steven A. Cohe

5.81% reduced to 4.97%

The Spruce House Partnership LLC. 5.09. Increased to 6.08% on 4th

Looking at Davis before attention drawn by shake - if I read it correctly from the copies I took in Jan - Davis increased by 0.47% ie £1.8M to 4.11% from 3.64% previously. Interestingly though IC have Davis at around 5% in September but they don’t always seem to update. If MS correct still under 1% increase would mean no TR1 which ties in..
Still need to look at other positions.

Thanks BS - we knew someone was buying !

Ok which one of you let the brakes off?

Goldman Sachs is in talks with Amazon to provide loans to small business, continuing its push into main-street banking

https://markets.businessinsider.com/news/stocks/goldman-sachs-amazon-small-business-lending-platform-main-street-banking-2020-2-1028868970