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Just need seven more days like this and destination £7 is reached

This was stuck very long at around £5 since the half yearly results day.

It’s got moving today and this really moves fast. Exciting few weeks coming!

Yes, 515 done!

With US futures looking so strong, much higher to go

later today.

Good post, Svend. Agree 100%.

Great finish but we are only back where we were before Cathay Pacific non-issue. Hopefully next week is good to take us closer to 550.

Nothing to do with RR. Defence stocks in UK and Europe down today.

Can’t wait for the day when I google “rr share price” and get a response “815.60”

Markets closed this Monday, thankfully :)

Too many bad things came up all one after another, many at same time. (Covid, inflation, high interest rates, issues in Germany and UK.

The worst seems to be over and things are looking up.

Give it another 2-3 years and this will be over £5.

£8 looks more likely in Feb 25, going by the 10% per month share price growth rate which we have seen so far in 2024.

Had the broader market sell off not happened around HY results time we’d be nearing £6 imo. Some momentum got lost there but seems to be nicely moving up now.

Cut in rates was expected and is positive for the economy and so for Lloyds. Anyone knows why such a big drop?

Hope the Algos keep buying all the way up till £1.

Don’t want price to be lower to facilitate buybacks.

If the wider markets were not in deep red yesterday and today, we’d probably be around 63-64. Next week hopefully.

Https://www.lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/lloyds-banking-group-plc/2024/q2/2024-lbg-hy-results.pdf

Recently SP seems more linked to US indices than the FTSE. Could be due to more US institutions holding this now.

Great trend towards the end, seems if the market were open for another hour then could have crossed 480!

Record-breaking summer for flights across Atlantic tests demand for travel

https://www.ft.com/content/fbfa17f7-2dbe-434e-a1e3-d5a4900fbcda

Last year it was flat for three months until middle of July when it started climbing up. Went over 25% in the next 3 months.

So we may be just a few days away when it shoots up.

Expect 580-600 by end of October imho.

If the wider market is green tomorrow, could see 60p.

Almost there.

FOMO is kicking in now and we could be 75+ in a few weeks.

DYOR