Re: Metro Bank
Posted: Fri May 17 2019 11:40am
it's easy in hindsight, but there's been a real opportunity here.
Any reason the investment club didn't react to this obvious opportunity?
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Re: Metro Bank
Posted: Fri May 17 2019 11:42am
Re: Metro Bank
Posted: Fri May 17 2019 11:46am
Did you propose it? I don't participate in the investment club, so rarely read those threads.
Re: Metro Bank
Posted: Fri May 17 2019 2:22pm
I am not a member of the investment club but as it is part of iMutuals overall provisions to its members, I would wish it to be successful... and my comments on Metro Bank were because it seems to be a missed opportunity!
Re: Metro Bank
Posted: Fri May 17 2019 3:27pm
Fair enough. Investment clubs like that will always suffer from a slow decision making process which stops them taking advantage of opportunities like Metro.
Re: Metro Bank
Posted: Fri May 17 2019 3:36pm
Personally I disagree; I would have thought a pre-agreed investment style and a nominated officer with investment powers over a small proportion of the total available investment pot should be capable of acting in an agile fashion for the benefit of total funds invested and the benefit of the club as a whole. So it is not being a club itself that holds the club back but the structure and regulations of the club and the members trust and outlook, I would have thought...!?!
The Metro Bank issue seems to have been a missed opportunity for some and a great example of how the lack of agility can possibly be a regret.
Re: Metro Bank
Posted: Fri May 17 2019 5:52pm
Your analysis is excellent.Boro Boy wrote: ↑Fri May 17 2019 3:36pmPersonally I disagree; I would have thought a pre-agreed investment style and a nominated officer with investment powers over a small proportion of the total available investment pot should be capable of acting in an agile fashion for the benefit of total funds invested and the benefit of the club as a whole. So it is not being a club itself that holds the club back but the structure and regulations of the club and the members trust and outlook, I would have thought...!?!
The Metro Bank issue seems to have been a missed opportunity for some and a great example of how the lack of agility can possibly be a regret.
Today, we are a small investment club with modest cash and only one fund. In the future as we grow we will certainly be looking at a fund for "high-risk day trading".
Wish us luck?
Re: Metro Bank
Posted: Fri May 17 2019 6:09pm
Next, keep your eyes on Thomas Cook shares... 
Re: Metro Bank
Posted: Tue May 21 2019 10:44pm
Re: Metro Bank
Posted: Wed May 22 2019 7:06am