Member Info for M3leki

H1 results will be published on 31/07 at 9am

The recent news is regarding selling around £4bn of its mortgages. The bank itself is not being sold for £4bn.. can you guys read? No ones waking up a millionaire tomorrow thinking you’ve 8xd your investment.

The market has reacted, don’t expect anything else. God people are stupid.

Preliminary results indicate this is positive against the share price. Will see what comes of this.

Same with Lloyds.

No big bank offers fee free overseas spending. You need to go to fintechs such as Monzo, Starling, Chase, Revolut etc for free free usage.

Barclays, Lloyds, HSBC etc all charge

It’s because nothings happened.

We need some news otherwise it’ll just hover. I hope they’re making strides in the background.

H1 results will be the momentum (if it’s good news of course)

Some of the posts below state that metro may be due for a sale due to some comments by the nationwide CEO.

But these comments state that they potentially looked at metro before going for the purchase of virgin money. How do we know they are going to come back? What have I missed?

Not sure I understand your comment. You’re till 400% the target?

Why not average out?

Quite a hefty sum for recruitment company. Let’s see how this pans out

Anyone know the situation with metro banks personal loans?

Rate setter not accepting any applications and no loans being issued directly from metro bank.

Thought personal loans were a good moneymaker

Most likely by the end of the week

We need some good news for that. Not sure if the Q1 results will be enough to push into that bracket. Potentially H1.

Unless the results prove to be really positive. We will find out in a few weeks!

Excellent news, this sets a precedent.

None of them should be rewarded due to the failings of the bank

Mate, you’re just waffling.

No one asked and no one assumed it was £0.70p. You just seemed to have commented for the sake of it. Nothing you have said bares any relevance to whatever agenda you’re trying to portray.

@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Your analysis on the SDB is outdated.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.

Time to top up for the bull run

What you mean?

Reshuffling has commenced ?

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.

With the shorters reducing their positions recently. Are they expecting a good Q4 update??