Easyjet Share Discussion Threads

[kktj] 01/12/2022 17:50

hTTps://www.ii.co.uk/analysis-commentary/easyjet-shares-could-spring-big-surprise-ii526166?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-ii_afternoon_round_up_011222%20(1)&utm_content=newsletter&spMailingID=23026168&spUserID=MTIxNjc2NDE2MDk0S0&spJobID=2130099194&spReportId=MjEzMDA5OTE5NAS2

[crazi] 30/11/2022 15:08

JUGEARS -- when each game sits circa 80000 spectators of which a large amount need to fly in to watch --- it starts to multiply vastly quickly how many flight seats will be needed/boosted in a typically quiet period. Don't be so daft about 24 seats!

[trader465] 30/11/2022 10:57

JPMorgan Chase & Co. set a GBX 260 ($3.11) target price on easyJet (LON:EZJ – Get Rating) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports.

[vaston] 30/11/2022 10:53

Next multibags SYME … CLON…. WBI

[kktj] 30/11/2022 10:52

HSBC raises easyJet price target to 440 (380) pence - 'hold'

[jugears] 29/11/2022 17:03

It's not the flights it's the cost of the hotel & spending money when you are there.
Wow 24 seats that going to really boost there profits lol

[inaminute] 29/11/2022 17:01

If the money is not there flights will be one of the first luxuries to go. Booked a golfing trip with mates myself but we are probably not representative of the wider population. I am sat here with the heating on.

[crazi] 29/11/2022 16:19

Doesnt cost much for return flights to spain, greece etc people will still go on holiday. Bonus next year Autumn which is normally quiet has the Rugby World Cup in Paris. Huge amount of extra flights will be booked from all over the EU. I've just booked 2x return trips to Paris for the rugby. 6 people = 24 seats booked

[inaminute] 29/11/2022 16:09

Holidays for next summer will be booked while some can just afford it with current prices. After April it will hit some harder than imagined including energy price cap change and demand will drop significantly for at least 12 months IMHO

[jugears] 29/11/2022 15:48

Kids have 12 weeks holiday a year, they start school at 8.30 & finish at 3 or before 3!, life is one long holiday for them lol
A home for life is more important than a week in the sun

[sikhthetech] 29/11/2022 15:27

Jugears,

So you believe people don't have spare cash for a holiday yet at the same time you believe people, who don't have spare cash, will buy hyped homes, just when the housing market is about to crash!!!!
Really...lol

What do you think the people holding off from buying a home and waiting for interest rates to drop will do??? They'll still go on holiday.

Kids will always need holidays, year in, year out.. not new build homes.

Housing market benefited during covid, whereas travel didn't. Now the situation has switched.

[jugears] 29/11/2022 14:43

sikh we didn't have high interest rates or heating bills this summer,I wonder how much spare cash people will have for holidays next year? I see there are already some bargains out there, can't be a very good bottom line on them, you don't need to go on holiday to help your well being or benefit your kids lol, I can do do that by just sitting in my garden, A lot of competition in holidays & air travel with very little margin, you should invest in something like houses builders, did you know that only a handful of companies build the majority of the uk houses so very little competition & very unlikely to change, although cylicle they do tend to recover very quickly to strong profits especially the ones that are cash & asset rich, you've got to put a lot of bums on seats to make planes pay, a good few years Imo before this recovers.

[sikhthetech] 29/11/2022 12:28

A point to note is that these results are to 30th Sept.

Spain, UK's no1 destination, for holidaymakers, lifted all remaining covid restrictions mid Oct, so into new fy. Plus so far this fy year there are no UK covid restrictions for Spain and I don't envisage the UK govn imposing one.

That removes a big barrier for holidaymakers to Spain.



sikhthetech - 31 Oct 2022 - 12:20:57 - 16302 of 16388 Easyjet 2014 and
With Spain having lifted the remaining covid restrictions only a week ago and it being Brit's no1 travel destination, I think airlines to Spain will continue to benefit.

I believe people will still go on hols/weekend breaks for the sake of the kids and their own well being. In times of cut backs they go on cheaper hols/weekend breaks.

Housing benefited during covid, where travel didn't. I think this is already reversing and will continue to do so.

Holiday bookings are still significantly lower than pre-covid. For 2021 it was 79% lower.

Cost of living crisis or not, people still go on holiday for their kids sake and for their own wellbeing. Instead of the more expensive hols, they are more likely to go no-frills or city breaks, which is EZJ's speciality.

As more and more go on holiday and numbers improve towards pre-covid levels, the share price will take care of itself.

[sikhthetech] 29/11/2022 12:15

Good results and good to see Johan, CEO, agree with my comments that EZJ does well in tough times as many people (for sake of kids and their own wellbeing) still go on holidays (for their kids and own wellbeing) but look at cheaper alternatives.



"easyJet has achieved a record bounce back this summer with a performance which underlines that our transformation is delivering. The summer saw easyJet achieve its highest ever earnings for a single quarter with headline EBITDAR of GBP674 million, ancillaries up by 59% on FY19 and easyJet holidays well on its way to its GBP100m target.

"easyJet does well in tough times. Legacy carriers will struggle in this high-cost environment. Consumers will protect their holidays but look for value and across its primary airport network, easyJet will be the beneficiary as customers vote with their wallets.

https://uk.advfn.com/stock-market/london/easyjet-EZJ/share-news/easyJet-PLC-Final-Results/89654145


sikhthetech - 14 Oct 2022 - 12:45:33 - 16261 of 16424 Easyjet 2014 and beyond -
I think people will move more to low cost airlines like EZJ to save money.
People don't give up holidays, they simply down grade to shorter trips, more cost effective hols, which is perfect for carriers like EZJ.

Look at the period during covid. People didn't give up holidays and sat at home because of covid, staycation flourished. Then when other countries opened up, they went abroad as soon as they could.

[jugears] 29/11/2022 11:04

gswredland, If you look at how much people are spending in the shops at the moment & the amount of companies that are really busy you would be forgiven for thinking that the so called experts are lying to us, because there doesn't seem to be much sign of a slow down to me.

[blackhorse23] 29/11/2022 10:57

Also this turnover includes their 1.5 billion equity rises last year , if you take that out , I see massive losses . Currently 200m losses & operation cost bit high 6 billion ... correct figures will show next year half year results

[gswredland] 29/11/2022 10:54

Thanks Jug

[vaston] 29/11/2022 10:37

Multibag htTps://www.the-financialnews.com/?p=4057

[jugears] 29/11/2022 10:35

Probably because they wont match this summers performance next year now that people will need to focus there money on higher interest rates & higher energy costs, IMO less holidays will be taken in 2023 as people get to grips with there finances, but may rebound in 2024.

[gswredland] 29/11/2022 10:25

JP Morgan sell...Why?

[wall street trader] 29/11/2022 10:12

you have missed nothing

[fitton] 29/11/2022 10:01

Maybe I'm missing the point here but market cap £2.9b with £3.6b cash and only £0.7b debt.Yesterday Brent was at an 11 month low.Looking much better for the long term.

[bartyb] 29/11/2022 09:43

JP Morgan sell
Goldman Sachs buy

[crazi] 29/11/2022 09:30

Oil price hit $140 a barrel this year. Now fallen back to $85. So costs will fall.

[kibes] 29/11/2022 09:22

Turnover for 2022 at £5.7 billion is now similar to 2018 and 2019 levels. But whereas that used to produce a profit of around £400 million now it produces a loss of £208 million. Some way to go here yet I think.