Member Info for snige

I find it strange you are happy with high levels of property renting, very European and as for "It was a bubble created that made people think they could re-mortgage and spend. Labour in a nutshell" that doesn't sound like Marxism to me.

is a government that truly believes in greater home ownership instead of one has seen this rate fall from a peak in 2007 of 73.3% to 65% now. House building has finally picked up and I welcome that but the affordability and the unequal society we have become leads to the private landlord pipping the 1st time buyer to the post. The figs since 2013(1st time in recent history) prove that outright home ownership surpassed that of mortgage which is great if your like us but it also hides the fact the housing market is being choked off by private landlords.
My Mum at 93 is a staunch Conservative, she hasn't lost her marbles apart from trusting Boris but she has always passionately believed in capping rent/rent controls which would price some landlords out of the market.
The only way you are going to increase the mortgage market and get more people onto the housing ladder is to make the private landlord less attractive, another conundrum for Conservatism.
Tranter stop blaming EU migrants.

LTI you suggested " fiddling the books, to benefit the share price." and using "insider knowledge".
At the moment they are trying to be whiter than white and probably why they haven't bought any apart from a small flutter at 383p.
Donaldson lowest stock of shares was 190,000 the rest of the board have holdings under 100,000 he could have taken it lower,nearer to 100,000.
I think you would if you were fiddling the books!

The only problem here is the FCA report could be months away but the fact they didn't reduce more at £20-£40 does suggest innocence and the buck stops within middle management.
What I would like to think is the FCA will have a clear the decks approach,it being close to Xmas and all that......just dreaming.

You could argue if they can keep the SP this low before the FCA report comes out then they have received their punishment?

LTI, what's your game tonight?
Craig Donaldson started of with 288,342 in March 2016 and now has 294,342 and your suggesting he's clever.I'm with Cudd's on this one,the guys a knob.
Incidentally the fact he didn't reduce his holding some what more in 2016/17/18 does suggest he wasn't aware of the misallocation and might bode well in any investigations.

It was a YouGov poll of over 100,000 people and the Con's come out with 359 seats.
You can't argue with that.
Probably for the best it's more fun watching the Tories f@@k up.

Lads start searching the City, we're going to need a bigger investor, does anyone know a trillionaire?

Had another look at RNS and my mistake the 21% who didn't approve of Melis or remuneration package was in fact only 15m shares.
Was the board egging these shareholders to sell to make some room for Gilinski, was he already in the loop?

Looking like we have a couple of calls here. You either go with illbetabuck on a 170p entry or the 208p entry point of a Colombian multi billionaire with a history of investing in banks...…..Difficult one???

It does make you wonder what made Gilinski jump in at 208p when clearly other parties want the price to fall.Having said that if his plan is to take a bigger interest then buying up from those who don't wish to have an interest at lower prices is also to his advantage and support for us.

BBC news said 9.4m people are not registered to vote because they don't have a permanent address however over 3m have been able to register for this election some using an alternative address which must be good for democracy.
It will be interesting to see if the homeless and sofa surfers will be supporting Jacob Rees Mogg and crew.
https://www.bbc.co.uk/news/election-2019-50515836

LTI, he's probably more legit than Vernon.

LTI, we have a Colombian billionaire interested in a bank with a MC of £337m with an entry point of 208p,even if the disgruntled 17% still wanted to sell up why would they accept less than 208p.
Gilinski wants to buy as cheap as possible along with the hedge funds and everyone else for that matter but the hedge funds are reducing already.I am not saying it's impossible for him to increase his stake on the cheap, if that's his plan but to walk away now with a loss, prehaps Metro itself will engineer a way for him?

https://www.bnnbloomberg.ca/colombian-billionaire-buys-stake-in-u-k-s-troubled-metro-bank-1.1353798

This stinks a bit to me,why didn't Metro report this after hours yesterday when they received notification or were they worried the SP would rise?

The bank wants permission for another ATM outside to relieve long queues inside its Witney branch a small town of 27,000 in rural Oxfordshire....things are looking bad?
https://www.witneygazette.co.uk/news/18058639.metro-bank-plans-put-new-atm-outside-front-queen-street-shop/

As Matlot said we'll find out at 3.30pm as to what happened on Friday and if the shorts were prepared to close at 208p and what effect that might have on the current SP.

And others of a nervous disposition, it looks likely we will travel through the "LTI psychological barrier" again. Prepare for a rinsing.

Dogger, we got through LTI's “psychological level” wasn't that bad was it!
It's not a happy share, no doubt LTI will fill us in on the next one to watch out for,in the meantime if you can't take the pressure it pays to go completely insane but don't do anything stupid.
Time for pencils in nostrils and pants on head.