Easyjet Share Discussion Threads

[sapphireblue1] 26/2/2024 07:15

noramping you are simply ignoring the fact that the business is recovering. It's absolutely clear to see.
I completely agree that the UK economy is very weak. I completely agree that may limit the response to the increase in profit. However in tough times with some businesses struggling investors move to quality. Easyjet are showing that they have a strong business and that will continue to be reinforced by the management in H1 results. It's clear that since COVID people have prioritised travel above other things. However that is not a limitless fund so the budget carriers and budget holiday providers will perform strongly.
All the things that you see as negative I see as positive.
I don't expect them to reach their full potential in this poor market but I fully expect them to move a lot higher than the current level.
I am not spouting anything. I am merely giving my opinion, my expectation.
This is a discussion board we are giving our opinions. Your view is just your opinion based on absolutely nothing.

[noramping] 25/2/2024 14:49

Sapphire, I’m not worried about future debt, however debt is expensive at present, and when you combine that with a slowing economy (or economy in recession) then it can affect the bottom line, I do understand these orders for planes are for future expansion.

You spout where the share price should be priced when in reality it’s based on what the market values the company. Its just as likely to drop from here rather than rise.

You seem to think EZJ is immune from the economy, I don’t.

[sapphireblue1] 24/2/2024 15:14

Noramping you still don't understand. It's my opinion. If any are facts they would be in an RNS.
I don't think that recession is a barrier, after all I only expect the share price to continue growing on trend in response to increasing demand. The economic situation in the UK is nothing new.
What will support the growth is profit and commercial success.
With regards to future debt to purchase aircraft. I would be extremely concerned if they didn't have an ambitious plan to manage growth. However you need to remember that these aircraft are simply a tool and the more that they have earning revenue the better.
Worrying about future debt is just nonsense. It's fundamental to the business.

[noramping] 23/2/2024 18:20

Cev, who saying I want to be taken seriously.

I’m not the one spouting £6 very soon and x next etc. (not aimed at you Cev, it’s aimed at the ramper).

[cevodniya] 23/2/2024 18:14

noramping to be taken seriously as a commentator learn to spell OFFENCE

[chiefbrody] 23/2/2024 17:01

Recession may affect a bit but marginal, imo. Peeps want to go on holiday and they'll sacrifice a lot for it. Especially after having been cruelly denied it for a year or so(few years back). Oil price is a biggy but don't look like it's gonna go mental any time soon. Save for some lucky companies, everything here is undervalued. The world (more or less) sees the UK markets (and UK) for what it is. A basket case. I've seen talk of growing annual profits to a billion here. They never did that before. If they do get close (personally think a lot of things need to happen) then the share price may well get to all time high levels (9-10 squid) again. In time.

[seroserio] 23/2/2024 15:57

noramping
23 Feb '24 - 15:51 - 17580 of 17580 (Filtered)

[noramping] 23/2/2024 15:51

Sapphire, best of luck to you as well.

I did ask about debt to expand the fleet but you took offense?
I also mentioned we are in a recession but you dismissed that it doesn’t affect non essential travel somehow?
Is easyJet immune from the economy? Oil price, interest rates etc.

[sapphireblue1] 23/2/2024 15:25

Predictions as facts. They are opinions. I don't agree with your opinion I believe mine.
Why shouldn't it have gone to £3.50. it did so it's fact. Anything beyond this minute is opinion.
My opinion that it will increase is based upon the likelihood of delivering the planned and well flagged growth. This is predicted for the whole budget carrier market. Easyjet I believe will outperform.
So if I expect them to be well over £7 when they deliver double the profit for year 24 in November then clearly they have to go up as the likelihood of delivery increases.
I understand that you can't see that, it's not fact it's simply my view. Despite your attitude easyjet will do very well.
Best of luck noramping

[sapphireblue1] 23/2/2024 14:15

noramping. There's a very well established trend which is parallel to the recovery of the business. You probably thought at £5 it wouldn't go to £5.50 and you will be wrong again here.
The UK economic outlook is very poor. The UK has all but lost their European marketplace due to Brexit exclusion. I say this a an EU resident. Personally my business buys nothing from the UK since Brexit processes started. Largely we source now in Germany and Spain. I am sure that is repeated many times across the EU. However many Brits come to us in Italy, Malta and Spain. These people are not coming by train. They are all on the budget carriers.
The key factors driving the share price are visible substantial potential profit and revenue increases, very clearly flagged.
As well as the rapid expansion of easyjet holidays from the UK and now Germany. Also the inevitable return to the 100 either this time or next time.
The potential for a US listing.
Easyjet have so much going for them that the share price will
have to increase even within the UK. In fact the worse things get the more easyJet will prosper in my opinion.

[noramping] 23/2/2024 13:46

Shapphire, why can’t it stay at these levels? facts are the whole U.K. markets have been underperforming and are undervalued compared to foreign listed competitors.

Analysts do state UK markets are undervalued, but nothing changes, people are bypassing U.K. markets and investing in various ways abroad.

[sapphireblue1] 23/2/2024 13:21

I don't think that it can stay at these levels. The price is just too low to make any sense. I expect it to leg up to £6 very quickly. If we top at £7 this year then something went wrong. They are very likely to be doubling profit on last year and we'll see strong sector interest as other airlines exceed expectations. However looking across easyJet is well discounted against others, that will be addressed in my opinion.

[chiefbrody] 23/2/2024 12:12

We get H1 Trading update on 18th April and then the actual results on 16 May. Probably tread water/fall back till around then. At least in May we'll get some meaningful guidance on the crucial Apr-Sep bookings.

[greenvulcan] 23/2/2024 11:44

Good healthy consolidation at these levels IMHO Lingering a bit low and a bit long to allow mates rates before we enter the FTSE 100 Next 6months will be transformative IMHOHolding for 700p end of yearGLA

[craigy] 23/2/2024 09:15

Ex divi yesterday. Divi 4.5p....

[sapphireblue1] 23/2/2024 09:06

This 550 sideways is almost identical to the 500 double.
Ultimately this share price has a long way to climb but everything hinges on having an excellent summer.

The next run up will step up to the £6 area. We are just marking time here whilst the market digests the size of the business following the recent growth.
I think that we'll need to have solid guidance on the continuation of plus size summer demand.
Jet2 yesterday operated Stansted to Malta with 40 empty seats. However everyone on board paid 20% more for their seat. I think that is what we'll see across the board until the summer when demand and price tolerance cross.

[cevodniya] 22/2/2024 10:33

Dadatit, ah yeh the Rolls-Royce analyst?
Ermmm, now gobby remember your predictions for Rolls-Royce?
Seriously mate, take a sabbatical and learn about fundamental share analysis.

[chiefbrody] 22/2/2024 09:35

Is that a Trident rocket?

[datait] 22/2/2024 07:52

🚀 🚀 🚀

[sapphireblue1] 21/2/2024 08:16

FTSE100 re-entry is a pivotal moment in the recovery. It marks the progress so far and will bring new opportunities with fund trades which will support volume buying.
The noise around a potential Nasdaq listing, talk of easyjet becoming the UK largest holiday provider and the continuation of profit escalation adds another dimension to the investment.

The rise will continue but easyJet needs a breakout day. It's coming.

[sapphireblue1] 20/2/2024 18:55

Alliance News) - easyJet PLC is favourite to return to the top table of London-listed large-caps, according to indicative index changes by FTSE Russell on Tuesday.

Final index review findings are released on February 28, using data from a day earlier.

Based on closing on data as of Friday, budget carrier easyJet is primed for a return to the FTSE 100.

easyJet was sent to the FTSE 100 departure lounge back in June 2020, after the Covid-19 pandemic sapped demand for travel and emptied skies.

However, its outlook has improved since then and earnings have improved.

[sapphireblue1] 20/2/2024 08:51

Positive steps. This is a big turnaround year for easyJet. A very modest dividend is about to be secured. This time next year it's likely to be 4x bigger in my opinion.