Easyjet Share Discussion Threads

[crazi] 01/11/2022 11:23

Airlines sorting out their staffing, strong Summer bookings and good package holiday sales. Then the potential of a takeover approach is a realistic possibility...

There is actually a hoard of potentially good news to come...

[inaminute] 01/11/2022 10:06

When going into the unknown EVERYBODY tightens their belts. A lot of feel good factor needs to come back before this one flies and where is that going to come from in next 12 months?

[blackhorse23] 01/11/2022 08:01

IAG has 20 billions debt till today with high interest rates, done equity rises by 2 billion at 2020 to avoid bankruptcy , company has own problems to solve , never mind easy-jet , reality

[blackhorse23] 01/11/2022 07:58

Fake news finished yesterday lol

[john09] 31/10/2022 22:34

Any bid and certain domestic flights could be sold off to another operator to satisfy any competition issues .

[loganair] 31/10/2022 22:03

I can not see IAG making a bid for Easyjet as I doubt the CMA would allow it:

1. This would give IAG dominant position in LGW and Luton airports as well as LHR.

2. This would give a combined BA/EZJ circa 60% of the UK domestic flights.

[bridggar] 31/10/2022 15:52

It's the easyjet holiday yptick which is the hidden gem here. Takeover talk is nonsense imho

[sikhthetech] 31/10/2022 15:37

Travel was hit by covid then staffing issues at airports.

Now countries opened up and govn and people 'living with covid'. The restrictions at airports aren't as bad as they were over the summer.

There's pent up demand for holidays/weekend breaks.
I think the UK is heading for a winter of discontent, strikes, energy bill crisis etc.

Not forgetting that the govn is providing £400 energy bill support for everyone, which isn't means tested. That's nice holiday whilst also saving on the bills...

[crazi] 31/10/2022 15:17

Considering Easyjet was only dragged down from 600 before the Summer due to airports not staffing correctly and ATC strikes -- both causing much less flights --- why would you not think that the share price would not rally once those issues are out of the way?

Profits have jumped dramatically --- booking are strong --- and airports are getting their sh*t sorted out.

Even with a reduced 500 target by Summer'23 (could be 550 - 600) --- that is still 33% higher than current price. That a huge short term profit... imho

IAG --- if they made an offer --- will want a bargain --- so even an offer of 500 is a 33% profit but I reckon the Bondholders would want more knowing the industry is going to bounce strong over the next 3 years and Easyjet's debt is low compared to it's rivals.

[blackhorse23] 31/10/2022 14:27

Yes mate I don't buy rumours , I buy through company financing strengths lol

[oakville] 31/10/2022 13:40

Blackhorse was telling us the sell EZJ at £2.70 nearly a pound less than now. lol

[john09] 31/10/2022 13:34

US markets off and running expect a further lift

[wall street trader] 31/10/2022 13:32

I think the penny is dropping will be £4by tomorrow

[nemesis6] 31/10/2022 13:23

Keep buying cury.....lol

[crazi] 31/10/2022 13:02

No reason for the Competition Watchdog to have any real issue as there are plenty of low costs airlines in UK/EUR to keep pricing competitive.

[blackhorse23] 31/10/2022 12:50

Don't think competitors watchdog will allow IAG to buy easyjet lol also IAG has 20 billions debt , add on more debt not make any sense lol

[sikhthetech] 31/10/2022 12:20

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.


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

[john09] 31/10/2022 12:18

Hold on to your shares folks

[wall street trader] 31/10/2022 11:15

Reckon another bidder will emerge and a bidding war will start - upwards of 600 likely - who knows even Stelio might make a come - he would hate to see this go to IAG it's his baby

[crazi] 31/10/2022 11:07

IAG offer of 600p per share = Very Tempting...

[and1] 31/10/2022 11:04

Iag could snap up a bargain anyprice upto £10. Sales of 6 billion plus when it steadies out with market cap of 2.5 billion, a bargain.

[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.