Member Info for zccax77

Tcg has massive debts and intangibles. mtro has only 250m of debt vs equity of 1.8bn. Plus zero acquired intangibles.

Odey don’t forget his biggest holding macro bank a bank in Argentina which lost 60% of its value last month. What a genius.

Their credit impairments are the lowest in the industry.

No banks have fungible assets which can be run off. Working capital is cash at the end of the day.

CET1 of 19%. That is the highest in the entire ftse. Better than even RBS.

Whenever they release a rns they tank the sp. the less we hear from them the better.

Best if they don’t say anything. Completely tactless.

AML bod far more astute than Mtro’s clowns.

Auson, these are callable bonds. All they had to do is issue them and wait for a year until the sentiment towards them improves and them call them in and re-issue. No different then remortgaging to get a better rate. The market basically took £200m off their Mcap and they only wanted a £200m bond. This bod is plain stupid.

*bullish

I think a lot of people have missed this bearish signal. If they were desperate they would have offered a higher yield, instead they know their q3 results will be good and know that they will be able to get a better rate with a recovery story and better sentiment. Just a waiting game now.

Wanted to raise 200m, lost 150m mcap in the process. Run a geniuses.

I think the bods ineptitude will force the regulator to intervene. Hope they do so soon, better outcome then the bods stupidity destroying the company.

They have lost any credibility they had. Mcap is now less than 400m. Not sure anyone would now lend them the money to a basket case. No point carrying on, time to sell the business IMO.

Ginger I don’t think they will be able to raise anymore and am glad. The bod need removing and the company sold.

RNS: the BoD don’t have a clue . Will not see one.

What will be the next stupid move to finally kill the share price.

All that time and money preparing a 205 page loan prospectus and then pulling the auction at 1pm. Just does not make sense.

Wonder if Bruce Toll will be praying tonight.

lol