Member Info for M3leki

A lot of chatter going around, it’s a new day. What are we expecting for the future of Metro?

Q3 results are also due soon, what do we think?

We’ll metro already sold some of its mortgage portfolio

This is something metro has done since its inception of reporting which I don’t like.

If you review if it’s “customer accounts” not actual customers.

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.