I really really don't get it: in the past 3-4 days I saw 15-150K "buy" transactions, how a h**** the spread goes down? Are there real transactions or set agreed transfer changing hands?
What about the major holders? Their 55mill+ investment is lost or it is just a play to peach to a point to push DF out as it is the highest no of transactions I have seen in months?
Any guess? I find it surreal
Are you a holder? You can answer with an yes/ no and the reasons
It seems that you set up a new account here and since you just propagate "bad news" without any links or demonstrable facts.
Are you one of those paid posters by shorters to depress the bards? I have seen quite few here ? If you are so aware that it is so bad why are you here? Are you a holder ?
@casapinos For reasons which are never clear to me such splits often seem to realise more value than the original combined company . There is a PhD thesis there for somebody!"
I went through a such demerger with Provident financial when it was split and created International personal finance, the reason was that they had 2 lines of products so different that the management run as headless chickens not able to focus and develop any. The split generated focussed subject matter experts managements. IMO it is the same case on GSK
IMO the management did a good move to play the "right" US card https://www.businesswire.com/news/home/20210720005308/en/Ricardo-Appoints-Marques-McCammon-as-Global-Managing-Director-Automotive-Industrial
Would it pay off?
I can't get my head around ...
1. there are some relatively large "buy" transactions but the price is falling
2. 683 Capital Management, LLC increased 45% its shareholding in June - why investing in a falling SP
3. IMO MTRO can't go bankrupt as it has no obvious debt BUT some of the main shareholders may have provided working capital. On Hurricane some of the top holders removed the CEO and the SP went 40% up, why not on MTRO as well?
4. the top 10 holders still have over 55M in the game, the drop since April is significant and higher than MTRO value, it would have been cheaper to make a hostile take over
5. the absolute minimum value of MTRO (ignoring the value of a UK banking licence) would be the customer base which is higher than its current valuation
I do not get it, Why Why Why
could it be the reason in the last 2 days
"Anyone sending money to or from accounts run by Tesco Bank, Metro Bank and Virgin Money is more vulnerable to Britain’s scam epidemic because these lenders have not yet introduced the “vital” fraud controls adopted by most major banks...."?
https://www.telegraph.co.uk/money/consumer-affairs/three-banks-letting-us-fight-againstfraud/
O Dear Dear phillewis, you just set up an account, you just wrote a post and you trash already the co.... Are you one of the shorter ? For good sake get a proper job and earn a decent living.
You may find this info revealing how much money the sorters made on MTRO in the last 2 years
https://mail.shorteurope.com/history_company.php?selskapsnavn=Metro%20Bank%20Plc&land=united_kingdom
I found it shocking and you could see the open positions and their values
Hi Fat,
It seems that we have both an attraction to drama stocks, GSK just stabilised (I almost had a heart attack after the results) now ere :) :) ....
I wish you would be in Metro Bank as that board can not make sense of any analysis, just paranoia and conspiracy theories....
@Guile "I was able to buy today at 98p - this stock couldn't be more controlled if it tried - games still being played out in the background."
The last few days the spread got to 4.9 % this is how much the Market maker made on everyone who sold, the 98p was left through on only a couple of transactions I am amazed you got it as I tried but it didn't get through.
This morning the spread started to 9.7 who wanted to buy were given 1.4-1.5 and whoever wanted to sell just 98, then the spread dropped to 3.7.
So yes you are so right
Sorry to hear that your stop loss hit. The last 3 days have had the most bizarre behaviour unusual large transactions at prices out of the normal spread, high level of "buy" transactions( SP above the median of the spread, some even above the asking price) yet SP price went down rather than up.
I called the co Secretary and the Press office to find out who is the market maker for MTRO to see if it is one of the proprietary top holders. IMO it looks as holding consolidation rather than normal trades while Metro market maker keeps the spread down.
I would appreciate any fact based opinion
Could please someone check my analysis and observations to see if reach any other conclusion?
In the past 2-3 days there is a significant change in trading pattern: the usual volume was ca 250K yesterday was ca 630K (2X 25K, 1 of 35K, 2 of 150K). These "falls" do not look to me as real falls like 98 but more a kind of transfer between partners because they are in large amounts 25K-150K per transaction and as soon they are done the price goes back to 101-102.
I could not pick up any "normal" transaction at this price, so if one wants to buy it could be done only at 101/ 102.
Another thing to be noted 683 Capital Management took a 2.65% in June 15 - why would they put fresh money if they believe that it will still drop?
It looks to me as an agreed "stock transfer" between 2 partners.
Please let me know your thoughts or if you observed anything different.
No surprise Big that your narrow attention span is just to trash anything you don't understand like process flows and front/ back systems. The point was that I even migrated one my accounts to MTRO. I haven't expected anything anymore from you anyway :) I take comfort that it is not me, you do this on very board you post on :) :) :)
On GSK BB several people wrote to the management and called the investors/ PR lines with suggestions. It would have been interesting if more people would do it here as well.
+1 account
.I migrated one of my HSBC accounts to Metro...
.even wrote to Dan the "experience" improvements & need to change the front end to the rate setter which deters the customers asking for personal details before an indicative offer....
If he doesn't get the importance of upgrading the rate setter front end by end of July I may dump at a loss
What it is going on? I trusted that your points are genuine
Yet you dropped the MTRO board and deleted all the TW statements.... now you started posing here Where the rest of the posters on the MTRO right to question your credibility and intention?
Sorry a bit of correction on my first statement:
At the date of announcement the SP was 1.76, 1/10 of the share they take away =0.176 but they give us a "benefit" of 15 p?
Is it legal to take away from us 0.026 and advertise "benefit"?