Member Info for stagecoach

After the latest revelations PR disaster prone Boris Johnson has become an embarassment and a political liability, for the sake of the Country and Conservative Party he must now step down from the party leadership contest in favour of Michael Gove, failure to do so will mean certain annihilation for the Conservative Party at the next General Election.

Possible takeover target.
Lloyds - no chance.
Barclays - North American Investment Banks.
RBS - HMG may want to revist the idea offloading this bank to one of the many Middle East Sovereign Wealth Funds.

Market Capitlisation - means current cost per share x the total number of shares issued by a company.

Don't agree with TMs take on politics, but he has put a lot of investment into the restoration and refurbishment of some old wonderful buildings. where else in the UK you can drink real ale and craft beer for less than £2 a pint and drink with free refills cappuccino and latte coffee for £1.30p a cup.

Bruce you cannot compare Asian focused banks HSBC and Standard Charterd with fellow UK listed banks Lloyds and Barclays, who operate completely different banking business models, mainly in dollar denominated investment banking and global commodity markets.

Global asset prices have become to unrealistic and unsustainable, there is now an urgent need to close the gap between high asset prices and sluggish fundamentals.

Sadly the days of "bricks and mortar " banking are coming to an end quicker than we may think, in order to cut costs and stave of competition from challenger banks and the need for further rapid progress in digitalisation technology , the major five high street banking giants are planning to close at least 900 branches and layoff twenty six thousand staff over the next three years.

Shell has now paid the same dividend amount for 20 consecutive quarters and will remain frozen for many years to come and may have to re - evaluate their dividend policy and cut it at some point in the future.

Anyone considering investing in oil shares should take a peek at Tullow Oil, its been a real prolific share for traders in terms of share price swing volatility for well over 15 months now.

LTI 810 million shares currently purchased for the current share buy back programme.

545 million bonus shares printed and issued plus a further 104 million issued a couple of days before the commencment of the current share buyback programme.

These figures are pretty damning ! " Smoke and Mirrors" I would think.

A protracted 14% downtrend in the share price since the 18th April mainly due to Brexit related issues and also the massive counterproductive dilutive effect of new bonus shares issued, resulting in the current share buyback programme being ineffective and pretty meaningless at the moment.

john46 The US dollar will remain the dominant currency on global currency markets for the foreseeable future, China Iran and Russia dumping US treasuries in retaliation against tarriffs and trade embargoes will only end up hurting their own respective currencies rather than the US dollar.

Bruce The Chinese currency is constantly and artificially undervalued to give its exports an unfair advantage particularly against the US dollar and is detrimental to its own people and will remain well ranked behind its global peers for sometime to come.

Bruce excluding fianancial stocks markets have held up relatively well up to now. TMs resignation means we are now in a completely different situation and a no - deal Brexit being put back firmly on the table, resulting in a very negative impact on sterling and equity markets.

JOHN46 Deutsche Bank down but not out, any flight of cash from the Eurozone countries is likely to find its way onto the US dollar markets rather than the UK sterling markets.

Bruce that was back in February. The economic warning lights are now " flashing red ". Investors need to stay " ahead of the curve " markets are now running out of patience fast. We now have in effect a rudderless Government and Parliament who are on a direct collision course for a no - deal Brexit.

The UKs credit rating is now on red alert and will be slashed if it crashes out of the EU without a deal closely followed by the banks.

Thank godness Larry the cat, Downing Streets chief mouser of the cabinet office is also expected to announce he will enter the race to challenge frontrunner Boris Buffoon Johnson in the leadership contest.

The current Tory party is nothing more than a patchwork of divided pressure groups, and is heading for a day reckoning with its angry and ignored grassroot members.

LTI Lloyds have a lot of surplus capital sat on the balance sheet, like you say they may have refinanced the bonds at a much reduced coupon rate, they will also have to take into account funding costs on the wholesale capital markets.

Metro Bank share price down 5.04% today after another positive early morning start. Traders will now have to be very wary of this share, for me I'm now out.

No Bruce These bonds were perpetual bonds with no fixed maturity date, the issuer retains the right of redeeming the bonds at anytime they wish too.

Positive move by Lloyds, Highlights the current strength of the balance sheet

Boomer poster Alan comments cleary underlines the shifting ground of centre politics and critical thinking in the UK today.

I fear today is the beggining of the end of centre ground politics and the emergence and rise of the far - right parties in the UK. Brexit has torn apart the fabric of the UKs political system and left our people and nation bitterly divided.

longtimeinvestor, Quite right Metro bank It is certainly not a serious long term investment, and nothing other than a speculative punt. I have traded the shares several times since the 14th May and each time i have not held any overnight positions in the share, hence only a 9.79% profit today out of todays 15.24% share price rise.

Banking stocks have taken a spanking today mainly on negative financial and political data, however another 15.24% momentous share price performance by Metro Bank.
I think the market correction for this bank will be ending sooner than later, before the bears who will inevitably appear and take control of the Metro share price.