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Just having a look here for old time sake.
Having been in Metro for years and thankfully exited (lucky) on the perfect spike at 145+ in Q1, this looks eerily familiar.
Big volume and rise pre-results, only to crash down on results day and make shorters a nice return. Classic and time-tested model.
Then again, could this be THAT ONE TIME that doesn’t follow that model? Who knows. That’s the bet.
Good luck to all holders.
Smoke, I’m lucky have sold all my metro shares back in Feb at 145. Got tired and disillusioned by Dan’s lackluster performance after the call and his first 12 months that I thought were simply mediocre.
In retrospect, I was lucky to catch the last 6month high. At least that’s a positive after this entire 2year metro ordeal.
Hope you’re doing good mate.
- Funding sorted
- First gas Q4 2021
- New management team
- Prominent funds backing
- Confidence and backing from big shareholders
- multiples expected when gas is sold to Royal Dutch Shell
- Lidsey (if their re-interpretation of Lidsey proves to be correct, could make a major contribution to Angus's future cash flow)
-lowly current share price and market cap, which take full account of the negatives and no account of the positives
- share price is not reflecting the huge increase to natural gas prices
- recent podcast with Zak Mir , George said over 500m revenue between 3 projects. Natural Gas/Oil/Geotherma
Dan, that’s been the hope for metro and theory here (by some and myself) for the last 18 months.
The high Street presence is currently costly for Metro, and the first thing a prospective buyer would probably do is go in and close many of the branches. Which defeats the purpose of buying metro when you could buy a digital bank.
Metro needs to make money and the market needs to see a path to profitability. Simple as that.
Noveck
I actually commented about you a few months ago I believe, saying that you were one of the first ones to call him out. It’s in my post history if I did. You, Smoke, Theo mainly.
No hard feelings. Sometimes you get it right, sometimes you get it wrong. I was wrong. I’m sure you’ve had your fair share of mistakes ;-). Heh, live and learn.
Got out of metro ages ago at and wish the best for holders. Crypto is where it’s been at since Q4. Cheerio
All good Cyber, I couldn't care less.
I remember Theo and Smoke raised it, you might have too. If that's the case, good on you.
Yup I was on the happy matlot gang - as many where, so what?
“When the facts change, I change my mind. What do you do, sir?"
- John Maynard Keynes
Ishortshares
"What gives?"
None of the said poster's alleged predictions - which he enjoyed sharing here with vehement conviction - ever materialized. His stories and ramblings kept changing every other post, and ended with his famous "300p by end of Feb 2021" posts he mentioned multiple times. It was entertaining while it lasted.
Theo and Smoke raised the issue first.
Evening Smoke, indeed it was.
The “I know better than all of you but of course do your own 360 research wink wink” alleged muppet then allegedly vanished in shame.
But remember Smoke? He was “hated” when he got here... LOL.