Member Info for papucel

Metro Bank has expanded its 95% LTV range and enhanced its offering for professional borrowers, who can now benefit from an income multiple of up to 5.5 times annual earnings.

https://www.financialreporter.co.uk/mortgages/metro-bank-ups-income-multiple-to-55-for-professionals.html

“We’ve been making a number of big product and service enhancements in the last six months, as we aim to appeal to a wider breadth of mortgage customer and deliver on our promise to become the UK’s best specialist lender. We’re well on our way to achieving that and we’re delighted to enhance our professional range whilst also growing our presence in the higher LTV market.”

Mixed interview on one side he presented the turn around process and the new products on the other he defended his bonus.... His argument was that he took a pay cut in the begging of the year.

I was expecting him to talk more about the future but he focused only on SME sector and deregulation which was not taken well. I am not sure how the market will take it.

johnpwh on which day is the trading update?

Don't loose confidence if you believe in the business model as I had been through sheer hell with AZN, GSK and BAE because constant shorting and mischief. Keep in mind that drop in price doesn't necessary mean that people sell lot of stock. The shorters trigger just 1 share sell transactions to drag the price down. DYR so see hoe many are in day :)

I don't know the history of this company and I am new to this board,
1. does it have a chance to go back to Jan 2020 levels ?
2. have ever been speculations to be bought?

wadz, If you look to arbitrage the Ex div date, then you have to do a lot of analysis ad risk calculation as it is not as easy as you may expect otherwise everyone would doo it.

Technically it has to drop with the exact amount as the dividend payment, however the situation is complicated by the weighted average of the price the sellers got, the market cash holding and any other opportunities available to invest at the time.

Ex on BAS the price was supposed to drop 17p and it dropped with 26p on the day aggravation made by US investors need for cash. On the opposite I saw SN>. was supposed to drop with 10p and it fell less than the div payment as many investors wanted to get in.

It wont be a easy buck :) if you want to sell before and get back in later, DYR :)

I had been very active on this board when GSK & AZN where on the deep and I found comfort in the amazing pool of knowledge on this board, so thanks for it.

One of the subjects discussed here was if the UK market is permabear and maybe GSK wouldn't have fallen so low; so in the last month I tested invested the US market and unfortunately the assumptions put by some of the posters are right, even when the US market drops it finds its way back in a more proportional corelated manner so I will keep GSK until the split then move to US stocks.

Some articles of interest about the GSK AGM; Elliot seems to push for a faster split which make sense and clarity that Emma will not head the Research part
https://www.bloomberg.com/news/articles/2021-05-05/glaxo-defends-strategy-in-face-of-elliott-management-stake

IMO The vote of confidence is not because she does something right but because she needs to run one of the 2 split parts, ideally the health one.

Did any of you complain to Reuters as I did?

I find their articles titles outrageous as the above one in which they claim certainty of fact yet when one reads it is nothing as such and nothing "new". The lack of statistical facts and use of "several" "many" without any numbers or context is misleading as well. The top management team is American.

I wander if it is sheer reckless, poor journalism for financial gain behaving as The Sun or it is something more sinister than that and it may be an interest to hold AZN back and promote PZN for the fat profits as it seems that they hardly have any bad news about PZN.

Any thoughts?

"replacing the CEO seems a little too superficial " not at all .... The CEO is in chare of strategy so he/ she could make it or break it

I am sorry I should have specified that it was the US market reaction and the arguments discussed today on Bloomberg.

I didn't say that I agree with them, just tried to find the explanation of the abrupt drop which seems to corelated with some of the US Pharma results announcements.

I had a look to the US market it crushed all pharma some up to 8% and not for bad results but because the future results will normalise. Even Microsoft dropped yesterday on better than expected results but "future normalisation"

Tomorrow will be an interesting day. Good luck everyone !

Please provide some links/ evidence
Thanks

Dinoken please provide the curtesy of evidence of your statement as we try on this board to maintain a minimum professionalism

Elchagie this article is Nov 2020 - live moved, Macron lost his mind since then

https://www.politico.eu/article/belgium-was-warned-eus-astrazeneca-contract-lacked-teeth-documents/

TR64 you are a truly damaged soul

I haven't been on this board for few weeks as I was paying more attention to the US market and I had some confidence that Elliot will hold my back on GSK.

Then, as soon as looked here, you again, still insulting everyone's opinion. You have been reported to LSE by a lot of people, you have been suspended and still do the same. Thanks God that you left the AZN board in peace for some time! If you are looking for adoring fans and "followers" this is not the place as people here have their own minds.

Spikeyj, do you know where we can find the filed document?

I find it beyond belief, AZN managed to unite UK and heal the Brexit wounds. In protest I just planned my holiday outside EU at least I can show solidarity with AZN not to give funds to EU against them.

Pictland thanks a lot for the extra info

Note about the extra volatility on top of the ex-div. I hold a range of US & UK stocks and to my surprise the correlation between the two markets is much higher than I imagined.

On the BAE ex-div date Biden announced the increase in the capital gain tax, all US stocks were sold off 2--3% and the defence one in excess of the tech ones like 4% as I hold Lockhed Martin as well.

So BAE IMO suffered a double blow in one day. If the US money can't find a better parking slot BAE will recover in line with the US defence from the taxation announcement blow. DYR

Thanks a lot kn0wles !!!!!!

Hi, I am new to this board, just in on the drop. Looking to the comments, the most of you try to find a logical explanation which may not exist. I hold AZN, GSK BAS all of them strongly manipulated by traders. Have a look below how the market was open with only one share trading of 1 single share systematically dragging the price down. It may be the opposite that someone wants to take a larger position and scare the holders to sell

tradeTime currency price volume tradeValue type micCode tradeType
2021-04-19T07:00:42.673 GBX 183.40 1 2 Off-Book SINT P
2021-04-19T07:00:42.683 GBX 183.40 1 2 Off-Book SINT P
2021-04-19T07:00:42.683 GBX 183.05 1 2 Off-Book SINT P
2021-04-19T08:00:00.170 GBX 179.50 1 2 AT XLON P ALGO
2021-04-19T08:07:40.837 GBX 179.50 1 2 AT XLON P ALGO
2021-04-19T08:14:27.590 GBX 179.85 1 2 AT XLON P ALGO
2021-04-19T08:22:16.540 GBX 179.85 1 2 AT XLON P ALGO
2021-04-19T08:40:03.757 GBX 180.15 1 2 AT XLON P ALGO
2021-04-19T08:42:53.083 GBX 180.20 1 2 AT XLON P ALGO
2021-04-19T08:43:59.443 GBX 180.25 1 2 Off-Book XLON P
2021-04-19T08:46:52.167 GBX 179.85 1 2 AT XLON P ALGO
2021-04-19T09:00:29.643 GBX 179.25 1 2 Off-Book XLON P
2021-04-19T09:09:20.540 GBX 177.40 1 2 AT XLON P ALGO
2021-04-19T09:21:24.643 GBX 177.05 1 2 AT XLON P ALGO
2021-04-19T09:27:46.920 GBX 176.40 1 2 Off-Book SINT P
2021-04-19T09:29:20.517 GBX 176.35 1 2 AT XLON P ALGO
2021-04-19T09:47:58.183 GBX 176.65 1 2 Off-Book SINT P
2021-04-19T09:49:17.323 GBX 176.45 1 2 AT XLON P ALGO
2021-04-19T09:58:09.473 GBX 176.20 1 2 AT XLON P ALGO
2021-04-19T10:55:46.547 GBX 175.55 1 2 AT XLON P ALGO
2021-04-19T11:15:33.373 GBX 175.90 1 2 AT XLON P ALGO
2021-04-19T11:37:11.453 GBX 175.30 1 2 AT XLON P ALGO
2021-04-19T11:38:07.617 GBX 175.40 1 2 Off-Book XLON P
2021-04-19T12:02:20.973 GBX 174.95 1 2 AT XLON P ALGO
2021-04-19T12:03:10.763 GBX 174.85 1 2 AT XLON P ALGO
2021-04-19T12:03:49.257 GBX 174.45 1 2 AT XLON P ALGO
2021-04-19T12:05:31.693 GBX 174.60 1 2 AT XLON P
2021-04-19T12:16:45.327 GBX 174.60 1 2 AT XLON P
2021-04-19T12:22:11.207 GBX 174.60 1 2 AT XLON P
2021-04-19T12:29:53.740 GBX 174.45 1 2 AT XLON P ALGO
2021-04-19T12:31:26.970 GBX 174.55 1 2 AT XLON P ALGO

Seaking1, let us know the progress and I will have mine in 2 weeks :)

it depends how you look at Spikeyj is it a bubble or a recovery after a disaster