I can see no reason why they are not £7 a share now. The opportunity is there and they are taking it. They built a new package holiday business from nothing in 2020 that this year will make £180m profit from a tiny bit of the market open to them in just 4 years. Remember 2 of those years where covid restricted.
Next year it will be £250m+ from a greatly increased winter schedule.
On a speculative basis the share price should be ahead of their performance not 2 years behind. |
I think if they get to 1billion profit then a market cap of at least 1billion would be justified or 12 quid per share.
Perhaps in 2 or 3 years time. |
Rather supports the view on the asset value of easyjet holidays.
I think that the days are numbered for the OTAs and if ryanair squeeze them as well it could be over very quickly. The big issue for ryanair is going to be finding hotels to partner.
I think that Easyjet are 5 years ahead and it's going to be very hard for ryanair in many UK regions.
I guess the question is would you trust ryanair.... Would you trust them with your holiday. |
So, Ryanair are eyeing up a move to the higher margin holiday business. Over to you Sapphire .. |
I think that we'll see the share price up into the update in October. 20% of rising aircraft and seats flown. At 12% which I think will be 2026 or 27 the profit will be around £900m if they carry on as they are. |
Apols for the rambling. Few mins spare just checking in but every time I do, Shares are always mid to high 400's. Needs a seismic event to break out with all the doom and gloom in the world. |
Sapphire. What if the holiday business were up to 20%. Might get to a billion profit then. that could justify a share price 200 p north of here. How long to get to 20%. 2 more years? |
Anyway. As said before. share price going nowhere before November. |
Still banging the drum.Target still 700p but no idea what year (or decade) it will be before the share price gets there. Prob need a 20p div by then and a billion squid of buybacks. Maybe sector consolidation will help. |
H2 profit I expect to be close to £1bn @ £966m. Annual profit around £616m up from £455m last year.
H1 accounted for £61m improvement.
Q3 £33m improvement.
That requires a £67m Q4 step up from the record Q4 last year. I believe the bulk of that can be achieved through a drop in cancellations and the rest through the 7-8% increase in traffic especially from Birmingham with around 15% of seats being easyjet holidays seats.
I Think that the holidays business will exceed the increased target of £180m. I think £185-195m is possible.
As the management team has said and will again it's a major step towards the £1bn profit target.
Year on year we'll see as a percentage the holiday business eating into capacity. This year around 6% of seats will be holiday seats. Amongst the up gauging of aircraft scheduled 15-20% is very achievable. Beyond 12% the holiday business is more profitable than the airline. |
Ryanair the big winners there. |
Oil prices sharply lower tonight |
Well I sold out this morning, gained a small profit here.
Did the same with IAG, with a bigger profit.
Gla |
noramping. Nobody wrote that EZJ would make one billion this year. You invented that out of thin air. |
Mano I am not hugely bothered if they stay in the 100 or not. It's quite apparent that the whole market lacks investors and easyJet need to find a more affluent environment.
I don't see any difference between the 100 and 250. Certainly since promotion we have seen lower volume. |
Another good week with no disruption. This weekend we have the Portuguese baggage handlers strike action but the impact will be limited. The court decision has been made on the extent of action and it will be inconvenient over the weekend.
Largely this year has seen very little disruption that has hit profits. I suspect that 5-10% is built in the projected numbers.
Easyjet will be taking Brits back to the misery of the UK for the next week or so. Premium prices heading north.
The next wave are the retired and DINKYs |
Who believes this will be on the ftse100 in this year?? |
Amp, so you are agreeing with me stating they won’t make a billion this financial year, im not misquoting anyone, nobody knows what profits will be this year never mind next year or the year after. |
I think that I read somewhere from the incoming boss that it's projected to 2028. Adding £150m profit a year is achievable.
They made big progress over the winter but getting Q1 to profit is the priority. Q2 minimising loss. This is where the potential is for growth. The summer is just about getting more on holidays bookings rather than flight only. |
Noramping, well maybe the 1 billion medium target won't be met but please don't misquote or distort what other posters are writing.
Your post implies 1 billion is expected in the near term, its not, its a medium term target ie 2 or 3 years. |
For the full year £1bn profits will not be made, but just keep saying it as when you are wrong then you will look even more stupid.
It got a free ride yesterday based upon Ryanair news, but on the opposite it dropped recently due to Ryanair.
As ever jam tomorrow, how many times has that been said on share bullitin boards. |
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