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We are nearly a day or so away when we get into 60s.

65 in July is possible imho.

Ed Miliband

https://x.com/Ed_Miliband/status/1745412980949336119

“ I think the danger for investors here [ including myself] is that when Rachel Reeves works out just how big the fiscal deficit really is and needs £30bn for the blood scandal compensation etc, she picks up the Reform idea of reducing interest payments to banks from the bank of England. Easy to justify [ they do the same in europe] and easy to implement.”

Taverham,

They can achieve the same by reducing bank rate from current 5.25 to 4 or less in phases, settling in the Goldilocks zone. This will reduce interest payments to banks as well as spur economic growth. Rates cuts are already on cards from next month onwards.

This is also good for Lloyds share price.

As long as one party gets clear majority, markets will be up. A hung parliament will crash the stocks.

Good six figure amount invested here and every year it seems this will be in 80s by the year end. Buying average 35p but still very frustrating.

With so much shortages of narrow body engines currently, seems a good time for RR to make any announcement of venturing or partnership in this area.

Airbus will be delivering fewer planes this year than they previously forecast.

“Fewer planes mean less new parts are needed, but it also means older planes will be flying longer. That, counterintuitively, has a positive impact on many aerospace suppliers. Profit margins on new jets are smaller than on aftermarket parts and services.”

While £12 could be far off, Goldmans 545 could be seen before Aug results hopefully.

FOMO kicks in at 60p. I see 80p coming in a few months.

Hopefully it’s a good green day tomorrow to take us upwards of 480. Seeing too much of up one day and down the next day.

S&P 500 at all time high today. Markets looking up here as well.

This could be 60 soon. Good recovery today.

Https://www.defensenews.com/global/europe/2024/06/05/germany-leans-into-eurofighter-with-new-order-of-20-jets/

Are these RR engines?

Momentum is back now to take this higher. Nice close above £4.5

£4.5 was my target when I bought this share few years back around 100 p. Now holding on for further gains which look certain.

Nettles £7 sounds bit low for Feb, 25. Maybe £8.50 more realistic.

It’s heading towards 60p. Fomo will kick in then to rally this over 75p imo.

Will be green after the early morning tree shake

Why would the elections announcement lead to drop in RR? Could he not announced on Sunday when markets closed.

Https://www.fool.co.uk/2024/05/22/rolls-royces-share-price-still-looks-around-50-undervalued-to-me-at-4-33/

Car finance is a one time event. It won’t have major impact on share price. It’s already provisioned as well.

“ The operator of the Channel Tunnel told the FT this month that five companies — including Virgin Group, a consortium backed by the largest shareholders in Mobico, formerly known as National Express, and Dutch start-up Heuro — were “seriously” interested in launching train services between the UK and Europe”

52p now and going higher.

Enjoy the rise!