Easyjet Share Discussion Threads

[sikhthetech] 28/11/2023 22:20

Good set of results, great outlook for 2024 and divi reinstated.

Should be a good year ahead.

[sapphireblue1] 28/11/2023 22:16

Blackhorse so either it's a route that they don't run at Christmas or it fully booked.
I can see on London to Malaga,Malta,Greece, Alicante, Canaries all many flights often more than one a day. Yes they are expensive but Christmas is the same time every year and booking it now it will cost you.
I don't understand why it makes them the worst airline. Surely telling you up front that they can't help you is what's called honest service

[blackhorse23] 28/11/2023 21:45

Worst airline, checking flights to go holidays on Xmas period , all I see NO FLIGHTS in place & NO FLIGHTS

[peddlers] 28/11/2023 15:21

Glad I added

[onehanded] 28/11/2023 14:59

£4.55 to be tested this week, if this breaks £4.80 - £5 next test. Should be strong coming weeks.

[sapphireblue1] 28/11/2023 13:48

We should be walking into the 4.50 to 5.00 range now. The business is firmly on track and now they need to deliver a big summer. 6.50 to 7.00 wouldn't look unsafe at the moment but the market seems to discount easyJet for some reason. I see very little wrong with this business.

[doobz] 28/11/2023 09:37

topped up on dip, easy trade that one was

[datait] 28/11/2023 09:12

Far too cheap happy to hold this one and continue to add.

This was taken down to fill orders, watch the huge buys after close.

[sapphireblue1] 28/11/2023 09:08

I just see a simple quick trade opportunity. Whilst I don't take it others do. I guess that it's the short term outlook of some that just work on 1% when they can get it. Certainly with the fees it makes it marginal at best but nicking £500 from the market is a thing people do. There will be a time when the share price steps up regardless as this is just too cheap. Really it could wear a couple of pounds a share increase and not look out of step.

[hamhamham1] 28/11/2023 09:06

Easyjet is this years M&S in my books.

[datait] 28/11/2023 09:05

re-rates get in

[topazfrenzy] 28/11/2023 09:01

And down they take it again!

All manipulation ... it happens every single time lol

[doobz] 28/11/2023 09:00

There’s your opportunity Pinemartin, one I’ll be taking as well :)

[datait] 28/11/2023 08:34

another 25k in here rude not too, this is yet to move and im sure it will.

[blueball] 28/11/2023 08:19

Huge positive.

[datait] 28/11/2023 08:11

Divi is great news higher than I thought it would be.

I think this will continue to rise until close. Not worth the risk trading.

[18bells] 28/11/2023 08:01

Dividends reinstated

[amt] 28/11/2023 07:42

Pe ratio of 6 seems low when profits could double within the next 2 or 3 years.

[doobz] 28/11/2023 07:39

500+ by Jan, couldn’t ask for much more in those results really.

[pinemartin9] 28/11/2023 07:20

Damn it. I wanted to take a spread out on these for a Christmas play. Great results. This should push it up to 4.50 plus.

[sapphireblue1] 28/11/2023 07:13

Many positives and just a couple of grey areas. Good to see that the Israeli invasion of Gaza has only caused very localised issues. It's a very small part of the business.
This management are clearly flagging chunky growth this year despite Q1 expected flat

[bigbigdave] 28/11/2023 07:09

Record H2 profit before tax despite challenging external operating environment

- FY23 headline profit before tax of £455 million (£633 million year on year improvement)

- easyJet holidays profits grew 221%, delivering £122 million profit before tax

· Positive outlook for FY24

- October RPS +12% (Q1 RPS expected to be ahead YoY despite being impacted by Middle East conflict)

- Q2 to Q4 RPS all ahead YoY

- H1 CPS ex fuel to be broadly flat YoY

- easyJet holidays expected to grow >35% in FY24 with ASP up high single digits

· Remain on track to deliver disciplined growth of c.9% in FY24

- H1'24 c. 42m seats, +11% YoY

- H2'24 c. 59m seats, +8% YoY

· Financial strength

- £41 million net cash with £4.7 billion liquidity

- BBB/Baa3 credit ratings, both with positive outlook

· Dividends reinstated

- 4.5p per share payable in early 2024

- Expect pay out to increase to 20% of headline PAT on FY24's result

- Potential to increase level of future returns to be assessed over the coming years

[sapphireblue1] 27/11/2023 17:25

noramping yes I did see it. I would like it to not be absolutely at the bottom of the range £440 million and £460 million. I see £450m+ as positive for the current expectation. It's quite a large range but on 12th October many costs would be estimated

[noramping] 27/11/2023 15:52

Sapphire, they did a trading update last month, the results will be within the ranges reported then.

[peddlers] 27/11/2023 15:32

Added a few at 404.5 this afternoon.
I'll soon find out if it was worth it 🙂

P