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Finding difficult to make sense of the big price movements on either side this week

“Now it seems that something that was legal pre 2021 is having the ban retrospectively applied to them so as to become unlawful, with possible compensation payments being made - crazy.”

True, doesn’t make sense to apply this retrospectively.

Could someone be prosecuted for smoking in a pub before it was banned. Same logic applies here.

Am waiting for the US markets to open and we may see

£6 today..hopefully

On Trading Update due, not for todays rise

Could be some news on the supply chain issues which is good for the business as more old planes being repaired and serviced.

“Rachel Reeves’s plans for increased borrowing and spending will force the Bank of England to hold interest rates higher for longer, leading economists have said.”

Good news for Lloyds on the interest rates, will help with the NIM.

554.60 closing price

@chid

£28 billion?

“

Analysts at Jefferies believe the industry could be landed with a £13bn bill, while RBC Capital is forecasting total charges of £8bn, down from a previous range of £6bn-£16bn.“

“Lloyds Banking Group put aside £450m for potential fines and compensation to borrowers, which fell far short of estimates by some analysts that believe the final bill for the bank could reach upwards of £2bn.

“

“believe this will drop back to 30p again shame, every time i get hopeful”

This is certainly not going to crash to 30p. Even at the time of enormous PPI payment about 6-7 years back this was in 60-70 range. Since then it has generated around £50 billion in net profits distributed to shareholders. A £2 billion one off payment is unlikely to halve its market share. Will bounce back on Monday.

Wouldn’t Lloyds clearly know how much their exposure is. I bet they do and have provisioned accordingly.

Even the rumoured exposure amount is not so big when compared to annual profits Lloyds makes. Such a big drop is out of proportion and I’m expecting a bounce back on Monday.

As other banks have not fallen as much, todays fall is Lloyds specific.

It’s much overdone considering car finance is an one off issue for the bank and already provisioned.

Another good day!!!

It’s feeling really good.

What a gem of a share!

Great to see £5.50 here.

£7 by Christmas is looking increasingly likely if the upcoming 3/4 update is positive.

That’s without any SMR news.

Supply chain issue will last for another year and half as announced by the company few months back.

Https://www.fool.co.uk/2024/10/09/with-new-nuclear-energy-deals-in-view-rolls-royces-share-price-looks-cheap-to-me-anywhere-under-11-48/

We’re now approaching the final quarter of the year.

Previous two years the share price gained in excess of 30% in the last quarter. Looks very likely there will be a repeats again this year and we’ll be celebrating Christmas at upwards of £7

DYOR

Is a stealth bomber-shaped plane the future of air travel? https://on.ft.com/3zlGo4k

Nice reading on FT today.

Hope these planes would fly with RR engines.

It’s a day to feel happy that your other stocks are going up too 😀

Seems it’s the uplift from cathay pacific inquiry findings that’s keeping this green in a sea of deep red.