Easyjet Share Discussion Threads

[wall street trader] 31/10/2022 11:02

buy on the rumour......

[oakville] 31/10/2022 09:20

My average now £3.44 after averaging up up this morning. As I was saying mop them up and these depressed prices. Wish I had thrown the kitchen sink at this at £2.70 instead of buying in small chunks.

[scaff55] 31/10/2022 08:42

British Airways owner IAG looks to snap up rivals as easyJet falters..Times.

[blackhorse23] 31/10/2022 08:10

100s of Flights has been permanently suspended at number of airports across Europe compare last year

[crazi] 30/10/2022 13:13

Motley Fool
30/10/2022

Positive signs
Now Sunak is in office and it appears that stability is his core objective. While the budget will have to wait until mid-November, we know he’s intent on balancing the books and not creating debts for future generations. This means less international borrowing, and UK government bonds are already looking less risky.

We’ll have to see what’s in the budget but, let’s face it, it’s going to be better for markets than Kwarteng’s September statement.

But there is also the matter of natural gas prices. Commodities are at the centre of this global economic crisis, contributing both directly and indirectly to inflation. But natural gas prices have been falling over the past three months and, on Tuesday, dropped below €100 per megawatt hour for the first time since 14 June. Prices in the UK dropped to 180p per therm on Monday, down 72% from their peak. It’s also worth noting that gas storage facilities in Europe are almost full.

This is certainly good news. Firstly, sustained lower gas prices will reduce inflation both directly and indirectly. But, secondly, it could mean the government’s pledge (or new targeted pledge) for a household energy cap would cost a lot less. ING said that, if prices remained the same, keeping the energy cap in place for two years would cost around £50bn – significantly below estimates of £140bn in August when prices first spiked.

But with these positive signs, why isn’t the market soaring? Well, it may take some time for investor confidence to return.

What am I doing?
I’m not a perennial bull, but I see now as good time to buy. Despite recession concerns, I’m still looking at banks. Higher interest rates are pushing margins up. Banks, such as Lloyds, tanked under Truss. The Bank of England hiked rates in response to Kwarteng’s inflationary budget and this caused banks to remove lending products.

But with Sunak in charge, and what we expect to be a less inflationary fiscal policy, I’m expecting the banking sector to perform much better.

I’m also looking at air travel, like IAG. With demand remaining strong, and fuel prices falling, the outlook could be improving for the sector.

I already own shares in IAG and Lloyds, but I’m looking to purchase more.






Banks and Airlines ;-)

[kanwar] 28/10/2022 15:53

Summer 2024??

[crazi] 28/10/2022 15:00

550 to 600 target sounds good to me. Summer 2023...

[tomc85] 28/10/2022 14:20

"Pre-dilution 2018

easyJet has a strong capital base, with a market capitalisation of £5 billion and a net cash position of £396 million at 30 September 2018 (2017: £357 million)."

i understand what your saying, market cap is something i pay attention too, however the flip side of your quote is that was the towards the low end of share price for 2018. Early 2020 it was $7.6b (at the time £5.8b) (ycharts that i use shows it in USD.)

[trader465] 28/10/2022 14:09

For the shares to hit £15 they need to rise 370%, that would give EZJ a market cap of over £11 billion, or more than double the all time high market cap of £5 billion

The same thing happened to banks in the 2008 crash, people were piling into LLOY expecting it to recover to pre-crisis high, of course that never happened and buyers took huge losses

[theonewhoknows2] 28/10/2022 13:53

i dont think many buyers have grasped that!

these will never do anything much

[trader465] 28/10/2022 13:15

Pre-dilution 2018

easyJet has a strong capital base, with a market capitalisation of £5 billion and a net cash position of £396 million at 30 September 2018 (2017: £357 million).

[trader465] 28/10/2022 13:11

At the £15 highs the market cap here was around £5 billion, the market cap now is £2.5 billion, ie down around 50% from it’s all time highs

If the price ever gets back around £6.50 the valuation would be equivalent to pre-Covid highs of £15

Unfortunately for holders of travel and leisure stocks most will never recover to pre-Covid prices due to dilution

[trader465] 28/10/2022 12:55

Why would you expect these to rise?

[sikhthetech] 27/10/2022 20:31

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.


This from Aug 2022:
The latest facts and figures:

In 2021, UK residents took 19.1 million trips overseas, 79% less than in 2019 (93.1 million).

The most popular destination for Brits was Spain, with 4.23 million visiting in 2021.

The total amount spent overseas in 2021 was £15.4 billion.
58% of Brits plan their next holiday during work hours.

In 2020, 62 million jobs were lost in the travel and tourism sector globally.

In 2021, Brits spent 18 nights overseas on average, compared to 10 nights in 2019.




And Spain lifted all remaining covid restrictions only last week.


Spain lifts final Covid rules for UK travellers

[1224saj] 27/10/2022 19:42

Jet 2 up 20% in 2 weeks, what's holding this back :-(

[crazi] 27/10/2022 13:35

Glad I bought some Wizz as their rise is great so far. Come on Easyjet -- should be 375 in comparison.

385 now -- as Wizz still climbing to nearly +10%.

Easyjet got the Market Maker B-Team...

[crazi] 27/10/2022 10:25

Wizz Air up +17% over the past 36 hours with it's huge debt and lower bookings.

Easyjet only +7%...

Come on MM's --- you can do better!

[aishah] 26/10/2022 14:15

Unfortunately Border force of 3500 are proposing a strike. Just no let up from this high inflationary environment.

[oakville] 26/10/2022 13:55

Easyjet much more than just Heathrow £5 in the blink of an eye.

[chesty1] 26/10/2022 09:52

Heathrow warns normal passenger levels years away!

More storms to come yet!

[crazi] 25/10/2022 17:04

Price being held back by the MM's. Over 90% buying today.

I suppose once the Hedge Funds have filled up the price will rise substantially...

[welsh3] 25/10/2022 12:59

Totally disagree cash flow is fine and the update is promising any substance to your message ezy is a good share to hold

[porsche1945] 25/10/2022 10:55

This is one of those buy now and lose 40pc more of your money as it announces another capital raise and restructuring by Spring. Easyjet is perma damaged and not the same company it was before covid. Check out share price charts for ftse 350 since brexit vote…if the government finally admits the whole thing a dreadful disaster ( we have lost 20 pc of our exports to EU and U.K. only G7 country not to have got back to where it was pre covid ) and commits to rejoin asap Easyjet shares will go parabolic, as will all U.K. capital markets. Depends whether they have the balls or honesty to do it. May be forced on them anyway by bond markets as U.K. now circling U bend and in perma decline.