Member Info for Glowacki

Five eight

Telegraph mentioned a while back that Shawbrook made their first offer of around 200p (Metro SP was at the time 119p) It was flatly turned down by the directors as wholly undervalued the company..Draw your own conclusions about the current board of directors..

On a positive note,the thing that could force an upgrade in SP is if the company declare STRONG profits growth in early November.

I'm not sure if people realise that the gigantic amount of extra shares for the share placing have not yet been issued..Though the cash has been nominally raised,the share distribution cannot yet take place as regulatory approval has first to be sought for the capital raise..Once this happens the wave of new shares will heavily dilute existing shareholders excluded from rights issue..Guessing l reckon the ex rights price will bring the SP down to low thirties..The £3 billion from mortgage book sell off will make the bank secure,but lower profits.

Advertising on F1 cars is very very expensive..THG is predicted to be loss making for at least two years..Talk about running before you can walk..

Your timing seems good..AIM shares are on the floor..Did you know that in 2022,AIM market was the WORLD'S worst performer,so the only way is up (but not in a straight line) Sosandar is a minimum 2 year hold..The problem is most of us have bought shares previously when SP was higher and now face a long wait just to break even

Once the £3 billion mortgage book is sold it means greater financial security,but LOWER profits..

No bounce back today..This looks like it is heading for a slow descent into single digit SP..No share buying by the directors,even at this price.

Intriguing SP movement in a very dull market Wednesday.. Reasonably high turnover and persistent upward price..l just wonder if someone is building a stake in metro with constant buying through the day..Any thoughts??

Spot on..It has set back meaningful profitably for at least 2 years..In the end they will justify a capital raise by saying store expansion needed as stores are doing well..In the end l can only see two possible compatible suitors..Next and Zara owners..Let's keep our fingers crossed for any rumours to lift SP

The one really dumb thing the directors did today was announce an expensive strategy change at same time as company moved from profit over 6 months to a loss...Had they waited until they could show an increasing profit,and then announce the new strategy,the SP would have rocketed upwards..Right now it looks like trading losses with much bigger increase in expenses coming up in 2024... Strategy is excellent,but timing sucks.

The SP is down because investors believe the strategy of high cost physical stores will set back profitability for several years..However as usual directors have got their finger on the pulse,in identifying that clothing retailers these days need to be a mix of stores and online.. Particularly for sosandar as they do not cater for youngsters..However the shares are too illiquid for any meaningful bounce back...Sosandar is a perfect fit for Next and can only hope for a takeover..The company is profitable.

People who received shares for 30p in the placing are now selling down their original holdings and keeping the placed shares..A handy profit for which private investors were excluded..Papers reporting that the £3 billion mortgage sale will complete in 2024,due to complexity of separating out Metro portfolio..The SP will probably settle just about the 30p placing price.

80p..Not for some time..dilution from the share placing is between 3/4 times..So it looks like a depressed SP for some time..Let's not forget a £3 billion mortgage sale means lower profits for Metro..Market sentiment is against Metro and that takes a long time to recover

Once sentiment is damaged there is usually a limited rerating..It takes a long time for serious investors to recover confidence in order to take the plunge..Banks are very cyclical with their profits,so a growing economy means growing profits..A flatlined or contracting economy means lower profits and flat SP... Britain, according to the IMF will have lowest growth of any major economy for next two years...Hence very low SP ratings for all British banks

Once sentiment is damaged there is usually a limited rerating..It takes a long time for serious investors to recover confidence in order to take the plunge..Banks are very cyclical with their profits,so a growing economy means growing profits..A flatlined or contracting economy means lower profits and flat SP... Britain, according to the IMF will have lowest growth of any major economy for next two years...Hence very low SP ratings for all British banks

EasyJet is down in spite of very good trading because all their flights to Palestine/Israel have been indefinitely suspended (a lucrative route) Very high fuel prices are not helping..In the end it's an excuse to take a profit and buy back later at much reduced SP..

The timetable for placing of new shares,plus the bond reconstruction and mortgage sale should be announced in early November when the third quarter update is due..This should give the SP some impetus,and until then the SP will drift slowly downwards..However any rerating of the shares wil only be into upper 50s in my opinion.

It looks like Rev will become a teenager very soon..

More director share buying on 9/10 and 10/10...though only £20,000,but it is good news

SP weakening..From next week l suspect the SP will drift in the high 40s..Next possible impetus is early November,when Q3 update arrives and the refinancing timetable is set out..

Worrying lack of SP movement after such big news..Friday,on no good news SP went up nearly 8p..today on good news up nearly 5p.Only a partial buy back from shorters,hence slow SP movement from 2pm onwards