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1.30
17:21 UTC+0.0088 (0.69%)

My prediction

The deal will be passed.

Lloyds up on Monday.

British companies like Lloyds that earn most of their revenues at home have been shunned by investors more or less since the 2016 Brexit referendum, as more than three years of uncertainty damaged Britain’s economic prospects. PPI was also a factor.
There isn't too much downside for the domestic UK shares like Lloyds, because the UK seems to have averted the worst-case scenario of crashing out of the EU without agreeing a Brexit transition deal.

Lloyds, which has paid out the most of high street banks so far, received 600,000 to 800,000 PPI “information requests” every week in the final month before the deadline – this is when an individual contacts the bank to check if they had PPI with Lloyds, rather than submitting an official complaint.

Lloyds said in a September update that the quality of these applications had been low, suggesting that many were speculative enquiries which are likely to fail. Indeed, the uphold rate has already fallen across the board. According to the FCA data.

Berkeley chairman sells shares worth $54 million in house builder

https://uk.reuters.com/article/us-berkeley-group-share-sale/berkeley-chairman-sells-shares-worth-54-million-in-housebuilder-idUKKBN1WV1J8

" Lloyds shares are on a P/E of only seven based on forecasts. And even in the pessimistic scenario, is the bank really only worth half the FTSE 100‘s long-term average valuation? Whatever you think of our Brexit deal chances, I see the Lloyds valuation as largely reflecting the pessimistic end of the spectrum."

https://uk.finance.yahoo.com/news/soon-too-buy-lloyds-bank-083740497.html

Lloyds are likely to increase the dividend generously after this year as there won't be any PPI compensations to pay. 5p per share is quite possible in 2021 IMO.

Lloyd said they'll pay "at least" 20% of the previous years total. So to expect 0.75p per quarter is not unreasonable.

Jet2 makes all their profits in summer but lose some of that in winter. This year could be an exception due to extra demand and higher prices caused by the Thomas cook failure.
They made 186p per share last year in the first half. This years' first half results are due on 21st Nov. DYOR and GL.

Lloyds is likely to climb dramatically, into mid 70's, if there's a deal.

Earnings for the year end 2020 might turn out to be much higher than expected. Dart are always very conservative with their statements. In the past earnings have mostly turned out to be higher than anticipations.

Earnings forecast has been revised upwards for the year ending March 2020.

"Given the strengthening booking trend, the Board now believes that current market expectations for Group profit before foreign exchange revaluations and taxation for the year ending 31 March 2020 will be exceeded."

Lloyds is likely to climb dramatically, into mid 70's, if there's a deal.

Earnings forecasts are likely to be revised upwards after the interim figures and trading update are announced next month. DYOR and GL.

Lloyds’ financial outlook remains relatively robust. It expects costs to fall further this year, while its investment in boosting its digital presence is set to continue. This could increase its competitive advantage compared to sector peers – especially since Lloyds has a size and scale advantage over many of its challenger peers.

Lloyds currently has a forward dividend yield of 6.5% from a payout that’s covered around twice by earnings.

Jet2 makes all their profits in summer. They never make profits in winter but this year might be an exception. EPS are likely to be around 110p for the year ending in March 2020. and around 170p for the year after that IMO.

The number of Brits taking a holiday is at its highest since 2011, according to ABTA’s Holiday Habits 2019 report.

Overall 88 per cent of Britons took a break in the 12 months to July. That compares to 86 per cent the year before.

In 2019, the number of foreign holidays of seven nights or more increased to 1.1 per person, up from 1.0 last year. In 2016 the number was 0.7 per person. Foreign holidays overall increased to an average of 1.9 per person, up from 1.6 in 2018.

ABTA revealed that 64 per cent of Brits took a foreign holiday, up from 60 per cent last year.

https://abtamag.com/2019/10/08/more-brits-heading-on-holiday-reveals-abta/

Some here like to see chaos in the markets so they can bottom feed.

PPI scammers still calling more than a month after the reclaiming deadline

The official deadline for submitting a PPI complaint was 29 August this year, but some users have been in touch to say they are still getting calls telling them they're owed money, even though they've never submitted a claim.

https://www.moneysavingexpert.com/news/2019/10/ppi-scammers-still-targeting-consumers-over-a-month-after-the-re/

In 2019, Dart Group PLC increased its cash reserves by 55.29%, or 435.90m. The company earned 440.90m from its operations for a Cash Flow Margin of 14.03%.
Operating margin: 6.54%
Net profit margin: 4.63%

That's way above others in this industry.