Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
@2good
Your analysis on the SDB is outdated. They were covering the lease costs but not anymore. People took all their items out and people no longer use the SDB to the extent of a year ago.
Branch opening hours has removed the USP and for people to only view their items mon-fri 9-5 is not as appealing as 7 days a week and up to 8pm.
I worked at the Earl’s Court branch and that was paying for itself and was a free advertising due to being on the A road. Not anymore and that branch has now been closed.
You need to re-think your analysis.
Sounds like you didn’t specify how you want to put money in or take money out. Society is moving to a cashless environment so that’s the natural assumption.
Sounds like you didn’t specify what you want clearly or how you want it.
Personally I think it’s a good thing. Selling about 1/4 of your book was going to take a massive hit on profits, especially during a time with the rates as it is being the most profitable.
Given the new backing and ownership, I don’t think they need the money now.
A bit fruitless to sell customers of your product to then use the money to get customers for your product.
Recently discovered this chat regarding Metro so thought I’d join in.
Whilst I see people’s points about the prospects of metro, a lot of it is based on hopium with a bias given that they have invested in metro.
I too for one have invested whilst also being an ex employee.
Personally I do see the share price reaching above £1.50 and beyond. However, with the current climate i don’t see this happening soon.
Metro will continue to post a profit given the BOE rates, I don’t think they’re in trouble from their perspective with defaults or cost of living as the data on their lending doesn’t showcase this.
But as an overall view in this macroeconomic people are still on edge.
Metro has closed off all its legacy issues, but that wouldn’t miraculously increase the share price. The damage is done and will linger in the back of peoples minds.
Stocks are down everywhere including Metro given the fitch downgrade.
It is a troublesome time everywhere and that will impact metro.
Nonetheless, we will continue to ride across this journey and see what the future holds.