RE: Watchdog11 Oct 2019 08:30
I would expect most invested would know about metro being pioneers in the field - they do what other banks should do and to some extent used to before. Go back to the basics of banking.
What the watchdog episode did yesterday was highlight positive performance amongst its peers. That’s great, as this could well encourage viewers to shift and switch accounts. Cash inflows over the last quarter will have increased. Investors Relations emailed me on 25/9 to advise that their capital ratio was sitting at 18.8%. With the MREL funds this would have strengthened to close to 22%.
I expect the sp to appreciate and the newsflow, holdings info and Q3 results in a little over a week will determine how high this goes.
Long and strong!