Member Info for FigTreeHarry

Bought some for rebound from here. GL

Now 00.44p to buy??!!

As i write..

Quant,

Still time tomorrow to buy a chunk or two;)

Correct LSE has some issues.

The upside greatly outweighs the risk of any downside after the long awaited news today.

On board adding on dip. Great future here.

Good to see you here Quant.

Always DYOR /GLA /ATB

Remember the statement

...Metro BOD’s 3bn mortgage Asset sale is In discussions ...

Real reason why shorters HAVE to go buy-back in asap, or be wiped out for good. Cruel as it sounds, margin calls are brutal.

Mr 53% will be 3-4 times richer as a result .

Asset sale news could come anytime.

4 weeks ago, share price was £1.00. The insiders made a lot of money.

60p is only 13% away and very little in its way today.

This could let loose today....GLA /dyor

This is not a public share offer. I wish.

The financial package deal was the clear by far the bigger issue.

Cost cuttings of roughly £30m was as expected stated by Metro bosses. Will happen.

Closed up 10%….much more to come…

If we didn’t reach a deal, that would have been disappointing this morning, but alas Metro struck successful deal before opening.

Next, the Asset Transaction is a matter of time. The bank and all involved will want to action this asap. Good write ups by the media today.

Break 60p tomorrow;)

Some of the spin on here, comedy classic Dave channel.

The £102m invested @30p will undoubtedly want see a huge return on their investment x 4/5. Incl the CEO who invested £2m. Nothing is for free. We all know it’s a good deal and there is more to come, via asset sale.

Shorts are gagging on their margin calls today.

3 months from now some will wish they had never sold.

The capital injection has been successful, and the owner now has a whopping 53%.

That is better than many organisations. Money where his mouth is.

Next leg up coming...57.3p to buy now.

LTH We hit 59p, 64p is likely next.

C. 58-58.4p

Strapped in to see re-rating.

Now e have capital, a re-rating will happen.

Always believe in your own numbers and caculations and stick with them, unless you think otherwise.

The documents last night on metro’s website, were enough to wotk out the opening this morning v the BSwritten.

DYOR GLA

Shorters suffering FOBO...fear of becoming obsolete...

Separate to the Transaction, the Company is in discussions regarding an asset sale of up to GBP3bn of residential mortgages (the "Asset Sale") consistent with the successful similar transaction executed in December 2020. The Asset Sale is expected to be CET1 ratio and MREL ratio accretive, reducing RWAs by c.GBP1bn (assuming a c.GBP3bn Asset Sale) and allowing Metro Bank to reinvest proceeds into cash at a higher yield, subject to pricing.

My target today .75p+

Shorts WILL have to buy back in by close.

The deal was always going to be positive, however way you work it out.

Never going to drop like the several names suggested, filtering the lot after today into garbage.

I see the next deal being announced next, either the massive asset sale transaction or a takeover.

One of the two, ideally the huge asset sale will happen, that is the goal.

That will boost the cash and the sp:))))

On website:

Separate to the Transaction, the Company is in discussions regarding an asset sale of up to £3bn of residential mortgages (the “Asset Sale”) consistent with the successful similar transaction executed in December 2020. The Asset Sale is expected to be CET1 ratio and MREL ratio accretive, reducing RWAs by c.£1bn (assuming a c.£3bn Asset Sale) and allowing Metro Bank to reinvest proceeds into cash at a higher yield, subject to pricing.

The Transaction and Asset Sale will put Metro Bank in a strong position to accelerate earnings growth. Metro Bank is expected to deliver a RoTE in excess of 9% in 2025 and low double-digit to mid-teens thereafter over the medium term.

:))

M Averick

Agree, a buyout/ takeover is still possible, as i said before there are several options on the table as reported in some press in the past 30 hours. The interest from Shawbrook and Santander could be an interesting final outcome to the week if welcomed. All the news is outthere. What will be will be this week.

BoE will suspend shorting Metro stock for 10 -15 days if they feel this it is a red flag and deemed necessary to aid the recovery of Metro after all the refinancing efforts for regulators.

Dad bank has done it before.

Bloomberg

Metro bank to impose 40% haircut on tier2 Bonds due 2028

Glad the key financing deal is done. Regulator is pleased.

Not let’s see who offers what to buy the company, money on highest bidder.

Will Metro now accept.

If anyone has a short running since friday that is the real 🔥 ... 🔥

I’d be happy with £1, no big deal.

Going with £1.125p