Member Info for Retour_du_Renard

You also need to factor in that Tang has a considerable amount of Options that will expire in April 2020.

So the personal pressure is on for him to succeed too.

FFS - Any FCA decision is months off, probably 18 months at the earliest. Just go and look at the precedent on the FCA site. Fines give this years are from investigations started in 2015/2017. So it's not a factor at the moment.

Free Vernon Hill mask and 'Scary' FCA investigation booth.

Yep, week ago. It's all relevant in the slow motion world of brexit.

https://www.ii.co.uk/analysis-commentary/chart-week-why-i-metro-bank-shares-even-more-now-ii509444

Just some reading whilst we wait for Mike Ashley's £12 bid. Not per share, just £12.

Mike Ashley is putting in a bid.

FCA result is potentially 18 months away, won't even be a factor.

The big four are abandoning the high street and focussing on e-banking, which is great from a cost perspective, not great from a deposits perspective as an ageing population doesn't trust online banking (and it only needs a couple more hacking scandals to have people scurrying back). Tangible banking will be around for a while yet.

sw10000 - There are companies out there who will take on a guerrilla social media brief and create content and campaigns for any client. This smacked to me of fraud from the moment the guys in said video

1) Unusually didn't give a time or date or location - ensuring that anyone watching it whenever, would think it's applicable to now.

2) Nothing was connected to him. It's his 'dad' who closed the account and a friend of a friend who provided the information. Note also he stated that his dad 'Moved his account to Barclays' - Who would state that? Suspicious much?

3) The information he relied upon has been floating around for ages.

4) He's obviously in a foreign country (so probably a hedge fund worker on holiday) .

It stinks to high heaven but apart from others commenting on THAT video , no one else has come forward.

JTM - Metro are aware of the false rumours but bizarrely might backfire hugely on the shorters who are obviously funding it.

My feeling is Metro will reinforce the notes around the Q3 releaser to ram it home to any concerned public that it's doing well.

Amers - Everyone is a genius in a bear market.

This has a book value of at least £8.

Sure, after the Q3s a bidding war will likely begin.

Well Goldmans have a 320 target. Crap analysts always put their TP within 10% of market.

Also, releasing a note 24 hours before results? Really!!

It's almost an admittance that you a) Have insider knowledge b) Are working to get the price down for someone to 'get out'

I think we could see the take-over race begin.

If there is insider information doing the rounds, why are the shorts reducing?

So they release their 'coverage' TP 36 hours before Q3 results.

How suspicious does that look. FFS.

Brokers always remind me of those goofy Estate Agents they get in to value a property after a make-over show has done the business.

They difference in prices is always hilarious. Invariably they are just servicing their own agenda or one of their core clients.

https://shorttracker.co.uk/company/GB00BZ6STL67/

Connor, Clark & Lunn 1.22% 1% 5 Sep 2019
ENA Investment Capital LLP 2.62% 0.10% 14 Oct 2019
Marshall Wace LLP 1.87% -0.10% 17 Oct 2019 XX
ODEY ASSET MANAGEMENT LLP 3.65% 0.07% 30 Sep 2019
Whitebox Advisors LLC 0.69% -0.04% 10 Oct 2019

I posted the over a month and a half ago.

People need to read it and get there expectations in order.

GCM is Michael Tang, that's it. It's a brass plate in London and doesn't have offices. The CFO is part time and they share resource with Polo. So this thing will only move as quick as Tang.

It needs an operational update as the last one was 29th March. 6 months ago.

Theosus - That's European negative rates. Neither the US/UK or Auz are negative and/or are planning to move them.

There is always chat along those lines but Europe is in far more of a mess than the EU is willing to admit.

So, apples and oranges I'm afraid.