Easyjet Share Discussion Threads

[cashandcard] 03/7/2023 20:22

I think many have got the outlook wrong here. LCCs do suffer in a tough market, but nowhere as much as legacy carriers or upmarket holiday firms. I would expect the Ryanair, easyJet and Wizz to be the winners in a downturn. Plus Jet2 and Easyjet taking more package holiday market share off the established giants like TUI.Cash

[kktj] 29/6/2023 07:22

My comments on 16690 is the best I can make judging from the charts. The bottom of the flag is around 465 which has held as a support so far (tested recently). Also the 200ema is also around 465 which has acted as support since March. Not sure which way the share price will break - depends on how the market holds in July. Some reports I have read are predicting market weakness until sometime in August, but who knows!

[rudder] 28/6/2023 12:58

Interesting chart. Any Chartist on board?

[foreverbull] 23/6/2023 15:46

Really? Where did you read this?

[buying] 23/6/2023 15:15

People coming out of a fix mortgage will be hard hit and remember the whole point of raising rates is to reduce disposable income so holidays are likely to be hit. Having said all that holidays will be the first thing people spend their money on when things improve. I am a long term holder

[dealy] 23/6/2023 14:40

not everyone has a mortgage. only people who bought after 2018 have a mortgage problem imo

[johndoe23] 23/6/2023 13:49

Irrational market

[farrugia] 23/6/2023 13:23

I'm seeing lots of UK stocks getting hit - could it be the 5% central interest rate hitting prices?

[porsche888] 23/6/2023 13:18

Then they changed their tune

[porsche888] 23/6/2023 13:16

JP Morgan said gold would trade at $750 ozThey are flogging their own book

[jugears] 23/6/2023 12:54

dealy,They might be full now as most people will have paid for flights prior to a surge in interest rates, Next year they will be giving holidays away imeo, at about a tenner a seat profit you need hell of a lot of bums on seats to make a heavily indebted airline pay, with rates going up they will need more money to cover there debt it doesn't take much to topple companies with debt, higher interest rates could be the nail in the coffin, when times get tough people don't go on holiday, that .5% rate rise yesterday will see to that, ezj are in a very very competitive market, people don't need to travel but they do need to eat & keep a roof over their heads!

[buying] 23/6/2023 12:47

Maybe because higher mortgage payments will stop people booking holidays

[doobz] 23/6/2023 12:44

Not sure as to the drop today, probably just dragging with ftse as everything is looking great here

[dealy] 23/6/2023 12:40

Is this share price anticipating a UK/EU recession? Every flight is full these days

[kktj] 19/6/2023 15:47

JPMorgan raises easyJet price target to 550 (530) pence - 'neutral'

Davy raises easyJet price target to 750 (600) pence - 'outperform'

[kktj] 16/6/2023 14:51

Sp above around 530 will be breaking out of the flag pattern since Jan. The pole of the pattern would add around £1. I can see that happening if the market holds and as rolo7 says, maybe a step in ftse 100 direction....

edit - got my poles wrong! Should add around £2....

[rolo7] 16/6/2023 13:51

Finally a break out fste 100 chance in September?!

[johndoe23] 16/6/2023 09:36

Strong demand today, something brewing?

[netcurtains] 08/6/2023 09:50

Bypass all the port chaos and go by plane - possibly a sensible move.

[masher69] 01/6/2023 07:29

easyJet pulled their base at NCL a while back and now only have flights from Bristol and Belfast and summer from Palma. Ryanair stepped in to take up a lot of their slots. easyJet baggage policy must now be similar to Ryanair.

[undervaluedassets] 31/5/2023 20:01

Easyjet has also added massively to its profitability by reducing the size of free hand luggage to a truly minute bag that has to go under the seat in front of you. Everything larger than this you have to pay for.

Kerching!

[montyhedge] 31/5/2023 12:05

Oil $67.48 airlines biggest cost just keeps falling. Bigger profit margins.

[undervaluedassets] 31/5/2023 08:02

hxxps://www.iata.org/en/publications/economics/fuel-monitor/

[undervaluedassets] 31/5/2023 08:01

Should be making lots of money now the price of fuel has collapsed.

[doobz] 30/5/2023 17:31

Looks great, shame it's dragged down with ftse