Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ariel
I was just thinking that
Some people will feel to sell at end of today and will be gutted next week!
Fear v greed
#patience is a virtue
5 and 8 in
Something big is coming.......
We were at 270 at beginning of last month
who thinks That seems likey for end of this month?
We have finished positive for the month for the first time in 13 months
Finally the tide is turning
This will be treble in next 2 months
When all the banks perform this is going to fly
Mat xxxl Can you wear your lucky pants indefinitely please
Blue
And best performer today
If the sector was up, we would have seen a good rise today
All the "A" trades keep flying in with Buys
Professional / Institutional Investors are pilling in with Buys
Most volume ever recorded in this share in a week period just hit and another day to still go
Report coming soon I think.......
If the Algo's start placing 10s of thousands per trade, the algo confidence is high
Tpically Algos trade 100-1000 at a time
24-Oct-19 08:35:22 197.00 14,875 Buy* 196.00 197.00 29.30k A
Might have already brought - Lot of volume today so someone is buying
Wont find out for a couple of days
Wow Wow Wow
RBS 3.2bn in Net Asset Value& Market Cap 28bn
Metro 1.75bn Net Asset Value& Market Cap 333m
Metro is worth at least 5X current Share Price
Thats a Ridiculous comment
The Book Value is worth £10 alone
If they close all the shops and sell the assets off the shareholders would get £10 equivalent for every share they hold in distributable reserves
Why would any institutional investor not buy that, even if it was at a bargain £7-8 - That is the base investment case
This is a company that will generate a lot of profit in the future and that opportunity is worth even more than the base case.
This only has one direction - Speed Unknown!!
Heres hopin
The 350m is a liability but also and asset in cash on balance sheet so net 0
Its not like they have had to spend the 350m, its just there to cover the MREL requirements on how much cover the bank must have against loans
So the 300m increase is the increase in their assets that has nothing to do with the 350m recent raise
Just so we are 100% correct
Total shareholder's equity
1,762m in 19
1,404m in 18
This is not related to the 375m raise
The 375m is a liability that needs to be paid back so liabilities have increased
also the 375m asset has been kept in the bank to cover risk
So assets line has gone up by 375m
Net impact on shareholder equity is 0
The shareholder equity increase on prior year is the net asset increase
The shareholders equity is the net increase in assets which is c300m
That means Metro is 300m better off than last year
If the company closes tomorrow in a solvent liquidation , the distribution would be £12 per share
THIS WAY UNDERVALUED now
An offer less than £12 is simply not worth it for shareholders
Am i reading this right
We have just added 300m to the value of Metro
Basically we have just double the market cap?
The net assets have gone up more than the market cap
Basically 2.00 per share increase
Wow wow wow
Massive increase
This is so cheap
https://www.sharesmagazine.co.uk/article/when-to-use-price-to-book-value
Any ideas When metro will get the quantum on the FCA fine?