Easyjet Share Discussion Threads

[1224saj] 21/9/2021 11:00

Same happening over on IAG

[rookieswingtrader2020] 21/9/2021 10:55

Price growth from approx 1045 BST onwards - support starting to build, or mere Fibonacci retracement?

[time for common sense] 21/9/2021 10:51

Was it just some profit taken.

[michelle74] 21/9/2021 09:58

Is this the exit starting

[rookieswingtrader2020] 21/9/2021 08:28

Can anyone help me understand please: Why exercise the rights at all? Can a very similar commercial effect not be achieved by selling the rights and immediately using the proceeds, coupled with additional cash, to buy the relevant number of new shares in the open market, if desired, thereby obtaining them right away?The benefit of the latter is that there is no (I think days-long) delay between exercise of the rights and receipt of the new shares, during which one seemingly has no control over that element of the trade. Perhaps those with CFD accounts (not me) could hedge with a short if they wanted the effect of selling shares not yet received during that delay.Maybe more than 410 GBX would separate the rights price from the normal share price (and maybe that would be justified due to the need for the rights buyer (exerciser) to suffer the risks associated with the delay).Maybe there is a difference in transaction costs eg SDRT? Even if so, that would hardly seem to justify the risk of being unable to sell shares not yet in your possession if you think that the price is peaking after exercise and before receipt.In a sense it seems like rights exercise is a bit like buying a "future" based on a bet of what the share price will be days later, because the shares (I believe) take days to appear after exercise. Thanks in advance for any thoughts. DYOR GLA.

[glavey] 21/9/2021 06:48

"...might've got a third more..." Tooooo many.

[danvandan] 20/9/2021 23:25

Granville, I hope you've still got those rights, cos right now they're worth £2.43 for each new share. This MIGHT be the moment to sell them. The excitement for transatlantic flights just added a bit of momentum, but possibly it's all over now and people will cash-in or tail-swallow from here on. My guess is £5.50 by this Friday. Stelios might've got a third more for his rights if he'd sold 'em today. Timing; so difficult to get it right... As you might have worked out by now, selling the rights means you can take the profit on the new shares now, without having to find the funds to actually buy them. GLA

[granville23] 20/9/2021 11:36

Ok thanks that's a bit clearer now

[1224saj] 20/9/2021 11:25

Granville, your rights are worth currently 2.22 down from 2.35 this morning if you sell. To calculate the number of rights you have is simple divide the number of shares you had before the 8th Sept by 47 then multiply by 31. For example you may have 1000 rights worth £2,222 if you sold today. However, using the above example, you could buy 1000 new shares at 4.10, which would cost 6.32 to anybody without rights. You would now have to find £4100 to buy the new shares.

[granville23] 20/9/2021 10:50

So my thinking is correct, they are now 220

[joestalin] 20/9/2021 10:30

If you do not take up the rights issue, you are selling the rights to someone else. You will get something for doing so. How much remains to be seen. If you take up the rights isue, you will pay £4.10 per share.

[granville23] 20/9/2021 09:13

I don't understand this rights issues properly, i have just noticed my rights issue shares latest price are 228.80 is it correct that if I exercise my right to these shares I'm paying £4.10

[ny boy] 20/9/2021 08:34

Oh dear, your calls are getting more laughs by the week, time you went to school, before your teacher tells you off again.

[qantas] 18/9/2021 19:52

I knew Stelios would be mad about it. hTtps://www.thisismoney.co.uk/money/markets/article-10001799/EasyJets-biggest-shareholder-not-contribute-airlines-1-2bn-cash-call.html Please do your own research as always.

[srpactive] 17/9/2021 21:12

Cannot knock parcels, I bought rmg at 150p the other year. dyor

[m1k3y1] 17/9/2021 14:53

I think there will be further bids now. Especially with EZJ having another 1.2B in cash. It only makes it more attractive .

[srpactive] 17/9/2021 14:34

p Stelios took his eye off the ball years ago, he should have sold like me years ago, I originally bought in at 126p sold 1500p plus. He should have too, he had chances, so really scarred now. I reckon a move close to 660p hopefully later. dyor active

[m1k3y1] 17/9/2021 14:12

Well I could be wrong of course . I have bought back in and I am just hoping that BoJo doesn't disappoint yet again. He has a loooooong record of disappointing.

[srpactive] 17/9/2021 14:02

m Thank you, strong buying into the close if you are correct. dyor active

[m1k3y1] 17/9/2021 13:27

No doubt it will be after the FTSE close.

[srpactive] 17/9/2021 13:02

What time is the decision of changing travel system? tia active

[srpactive] 17/9/2021 11:52

Well we have had a little retrace as I mentioned earlier now for the strong move higher hopefully. dyor active