Member Info for Leisurely

Mate, don’t just call me a toe rag lol. Please argue the point being made. I put a series of logical steps to back up the reason for a share price fall tomorrow. I don’t mind if you tell me which step is wrong in my logic ; I don’t mind if you ignore the post ; but I do mind if you attack the sender rather than the point being made. It’s not mature.

The clarity in the last paragraph is just saying they can finance MREL by the end of the year. The Fitch downgrade just means they’ll pay slightly more to do this. There is no conspiracy here; it is how financial markets work. And if they pay more to finance MREL then the profit is going to be lower than it otherwise would have been. And if profit is forecast to be lower than it would have been prior to the downgrade then the share price should drop tomorrow to reflect that (as it only really reflects the sum of all future profits). If other news pops up then the price may go up tomorrow; but based on this rns , excluding any other factors, the share price must drop

My first post - woohoo!

I’ve been following this board for 6 months and agree with everything optomdad listed.

I wanted to highlight the rns is from Metro Bank not Fitch. The only information from Fitch is the rating downgrade which will make borrowing & bond issues more expensive for Metro Bank. The rest of the info is already known information and is being reiterated by Metro Bank to give context and confidence. Several on here have been banging on about lack of context in each rns and looks like they are responding. But they can’t get away from a downgrade resulting in a downturn for the share price tomorrow (should no other info arise).