Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'll be surprised if we don't close on or around 80p.
Think I was lucky to pick more up at 75p today as sooo confident 100p is just around the corner - IMO.
I think the sells today include the late 5MN sell yesterday so somewhat distorted. Remove that and today shows a >buy trend.
Forget the fact Friday is a Bank Holiday. unless they go bust (really Aston Martin??) based on brand, company values, it’s 100p plus all day IMO. Wait guys.....this iconic manufacturer with an interest from Mercedes is a easy money maker IMO.
Obviously everyone has their own opinion but surely the purpose of these BB's is to share IP and help us PI's?
We can all claim to know the 'unknown' but as a collective any sinu of info helps.
I like the chase and even on a low day I awake the next excited about a rise'
maybe I'm wrong but based on what i know (feel??) at c.80P its a double surely - in a month IMO.
DYO
As for LBG, if you care, my insight is that they have a plan to shed more branches (disclosed) ,which has been put on hold, and when we come out of this situation core H/O staff may work in Branch, releasing them from high real estate costs in corporate sites. BARC have said the same. LBG at 30p is a joke IMO and if we don't see 50p+ by the end of May then I'm skint! GLA.
I'm just posting information I know that may be of interest to investors, or those considering doing so, so don't understand these comments.
If aimed at me I'll keep my opinions to myself.
Sorry.
As always, DYOR as my opinion is mine.
In my business life I work with this Bank and, since the change at the top, I am seeing the massive changes they are making to reduce expenses and make them more fit for purpose.
I also work with Lloyd's and its clear that each has their own target market and whilst, IMO, the SP is being held down, based on their strategy and the need for the UK to allow challenger banks like this to co-exist with the big boys its a safe medium term investment.
Their target customer is heavily aimed at the SME market place that, once the 'doors' open again the choice that Metro Bank offer, will be needed more than ever.
I don't expect we will see the dizzy heights of 400p+ again but I'm waiting for 150p before I consider letting someone have my valuable shares.
Love him or hate him, Donalds decision to inject $1.2TN shows that we won't see the car crash of 2008 again.
This share is being treated like a naughty dog but its fundamentals are sound, growth strategy defined and a MUST for UK banking.
We will see the dizzy heights of £30 again - IMO no! - but at <£1 it has to be a good investment IMO.
Tomorrow if we don't see at least a 15% gain then I concede to being clueless.
Today was just a correction of the battering we got yesterday IMO. However, as previously posted, this company has a plan to cut costs, clear out those that lived the ride without adding value and show that the UK needs an alternative bank, prepared to be open when the big boys close and serve SME’s who may not pay in millions a day but contribute to our economy - 70MN of them in fact. CV is awful and let’s hope the UK can protect us all but if we can push that aside for a minute, this SP has only one way to go IMO. DYOR but with only 4 or 5 places to bank when 4 years ago the government introduced the banking ‘switch’ program supposed to increase switching from c.4% to 22% it’s going nowhere. GLA but for me at 116 today this is a bargain.
They did have to provide funds for PPI, I believe , which was offset against profits.
These guys are the polar opposite to the big boys. For a start, everyone there is around 30 yo. Its exciting, vibrant and whilst that does not make a business a success, if you had your last £1 to invest, would it be on a business that's halved in 2 years or one that wants to double in 5? I know what I'd chose. JMO.
As an investment, today, this has to be a good choice. Its all available to view; their VP, what LBG, HSBC etc are doing, target markets, innovative thinking... and ,as I said earlier, now its being run like a proper business, their running costs will drop massively (PPI a side) allowing their SME customer base to grow by pre planned expansion and a few frustrated big players to move from BARC etc and buy in to them . IMO, these guys aren't going backwards, just been hurt by a great guy treating what was his company like a mom and pop shop. I'm in for more anyway. GL all.