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https://www.theguardian.com/business/nils-pratley-on-finance/2019/dec/04/mc-saatchis-accounts-scandal-paints-a-less-than-glittering-picture
Seem the guardian see this as a positive!
It doesn’t see there is enough stock left for the shorts to close- what are they going to do to close out of their shorts?
There are so many sophisticated buyer of Metro that long term everyone is a winner
No point being on this stock for shorting or trading
Only if you are a long term holder, you will quadruple your money within 3 years
https://simplywall.st/stocks/gb/banks/lse-mtro/metro-bank-shares/news/do-institutions-own-metro-bank-plc-lonmtro-shares/
US No reflection of next day
Seen US up 1% and next day UK up 8%
Different Volumes and customers and Exchange Rate
This is one of the best banks for the future
It is forward thinking with no Legacy Issues
No PPI Issues
Branches only in Major Cities
Opens Late and Weekends
Ok they have had issues in the past, but the stock has been way over punished
The Net assets are worth £10 per Share
Some might say the 375m recent bond agreed is going to hurt profits, but the RNS made it clear that Metro have issued the bond with a clause which allows it to redeem anytime
With the new banks just opened in the major cities, they are not going to need alot off customers to cover the MREL off.
There is no way the BOE would allow it to go Bust so 0 is no chance!
The FCA fine will be managed and handled with the newly hired, Ex FCA hire.
ALL UPSIDE IMHO
And it looks like the American Equity Investors Last Month and now the Columbian Banker (AKA PABLO) Agrees!!
There isnt much by the way of counter arguments Shorters can bring, hence they are closing!!!
https://finance.yahoo.com/news/colombian-billionaire-buys-stake-u-164117694.html
https://www.telegraph.co.uk/business/2019/11/26/colombian-billionaire-backs-troubled-metro-bank/
https://www.bloomberg.com/news/articles/2019-11-26/colombian-billionaire-buys-stake-in-u-k-s-troubled-metro-bank
Yahoo
Telegraph
Bloomberg
All reporting now
Heating up.........................Ouch some shorter are going to fry!!!
Banker Graduated at Harvard, worth 3.5bn called Jaime Gilinski Bacal
Hardly Pablo Escobar!!
https://www.telegraph.co.uk/business/2019/11/26/colombian-billionaire-backs-troubled-metro-bank/
https://shorttracker.co.uk/company/GB00BZ6STL67/
Modest increase by ENA
Playing games here
https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=MTRO.L
1hr dragonfly doji candlestick formation
This is about to climb quick
Synopsis of today
This will be up 5% today
Mark my words
Tree Shake is here
They charge £5 per month per Account minimum
So that is 10m income per month whichever way you look at it
Marshall Wade increase was 1st Nov this is well before the increases this week as it takes a few days to report
Tomorrow may report the shorts decreasing from Monday!
Gla
Tree shake done
Loaded up at 216
Here we go
I think the competition authority are not going to be concerned over a 400m business when the big 4 are worth 1 trillion between them
Hsbc for example are worth 120,000,000,000 so metro is 1/600th of its value
Any of the big four will see this as a great opportunity, to take a fresh angle to the market, with all the fintech signups and investments that metro has acquired, it is so cheap to buy their way into those markets which they so badly need to protect their future.
Dogger
No worries
Its clear there is interest in making a bid
Under market regulations an offer must by at least the average of the last 12 months so that is £12.00
The asset value of this stock is £12.00 alone
The value of 1.5bn to Lloyds is 1.5% of their market cap so they can afford it without blinking an eye
The value of taking out a competitor in this small group sector is worth its weight in gold
I think and hope you will not just be looking to break even, but will be up V soon