Easyjet Share Discussion Threads

[foreverbull] 16/7/2024 15:50

Good recovery for today's low !

[sapphireblue1] 16/7/2024 14:42

Low volume and little commitment. Even minimal interest lifts the price. The LSE is a toilet full of gamblers with few investors.

[noramping] 16/7/2024 14:23

Parvo, the company last reported a £350 million pound loss , you want a divi on top?

It’s also committed to expanding the fleet.

Shapphire makes a lot of assumptions when it comes to profits , I prefer to here it directly from the company

[parvo] 16/7/2024 13:57

Thanks for your thoughts. Is the share price down to day traders?

[sapphireblue1] 16/7/2024 13:49

I doubt it as they gave guidance on this year of 20% of profit after tax up from 10% last year.
I hope that at full year they assign £50m to buy back shares. They are cash rich and will be more so by year end.
They must be looking at the share price saying wtf

[parvo] 16/7/2024 13:29

In the past, and I cannot see a reference, did EZJ offer an interim dividend? If so, are we likely to see an announcement in 8 days time?

[sapphireblue1] 16/7/2024 11:15

8 days until we see how Q3 was and see what they say about the summer. Biggest summer ever?? It looks like it to me and I have been in this business 16 years.

[trying2trade] 14/7/2024 17:50

17% back dated to April 24.RPI +2% April 25RPI April 26. 63% in favour. Is my prediction. sapphire is waiting for the carrier pigeon to deliver the news to the Costa del sol.

[cogs1] 14/7/2024 15:55

Thanks Sapphire

[sapphireblue1] 14/7/2024 14:29

The company and BALPA are still working on a settlement to put to a vote. It's a tough time for BALPA who negotiated the previous offer and recommended it to it's members for them to reject it. It does suggest that they are out of touch with their members.
There's no real hurry as this is for pay April 25 onwards.
I was expecting to hear of a new process last week but as I say there's no real hurry.
It will be interesting with the new legislation receiving royal approval about transport workers taking strike action.
Despite BALPA being against the new law I don't think that they will be testing it.
Obviously the longer it drags on the more impact it may have on people choosing easyJet.
Any information posted here about it being settled weeks ago was a lie.

[cogs1] 14/7/2024 09:15

Still can't seem to find any "official" news/agreement about the pilot pay dispute. Just wondered what the views are in this chat, does this process normally take this long? I would've expected to here some official news about the revised offer one way or the other by now.

[davius] 12/7/2024 11:12

HSBC cuts easyJet price target to 530 (700) pence - 'buy'

[xamf] 11/7/2024 22:01

I filtered him some weeks ago Datait.

[noramping] 11/7/2024 21:15

Blub blub, still well and truly underwater aren't you TIT

Keeps you quiet

[datait] 11/7/2024 20:33

We are on a breakout watch as this spikes much higher.

[datait] 11/7/2024 20:32

Well said XAMF unlike norampings dribble

[xamf] 11/7/2024 14:11

It would be very positive if we could close above the 200dMA of 487. The last previous high was 491.50 and a close above this would surely signal a reversal of trend (and provide a support level going forward).

Thanks Sapphire for all your insightful posts and to everyone who makes valuable contributions here.

[sapphireblue1] 11/7/2024 14:00

Jet2 has definitely lost some holiday business to easyJet holidays. That situation will continue with more hoteliers dropping Jet2 at contract renewal in favour of easyJet. The way jet2 work isn't efficient for the hotel. easyJet don't block rooms at low prices and then leave some empty. Easyjet rooms are only blocked at the point of sale and at the price dictated by the hotelier. If that's too high the holiday won't sell. Natural selection and competition. Easyjet holidays are a useful tool to sell irregular capacity into with so many flights it's possible for the software to achieve near capacity. Previously 80%+ was good.
Jet2 has to evolve to compete with easyJet holidays.

[paleje] 11/7/2024 12:33

Pricing seems an issue at Jet2 with bookings left closer to last minute so a lot of seats still to sell, they don't seem unduly worried but cautious about giving definitive guidance hence the muted respone for the sp, exctract below:-

Outlook

Summer 2024 on sale seat capacity is currently 12.3% higher than Summer 2023 at 17.16m seats. Booked to date Package Holiday customers are up by 7%, representing 72% of overall flown passengers, with Flight-Only passengers increasing by 16%. Consequently average load factor is currently 73.4% (2023: 75.2%).

Passengers are currently booking much closer to departure and therefore, pricing for our flight-only and package holiday products must remain attractive. Summer 2024 pricing to date for both products is showing a modest increase, helping to offset in part previously announced input cost increases. As ever, we remain mindful of the current macro-economic and geo-political environments and how these may influence future consumer spending patterns. However, we continue to believe that the end-to-end package holiday is a resilient and popular product which remains high on the priority list for our Customers, even during uncertain economic times.

Year to date the business is trading in line with management's expectations. Given the late booking profile and the peak summer months of July, August and September not yet complete, plus the majority of Winter 2024/2025 seat capacity still to sell, it remains premature, as is always the case at this time of year, to provide definitive guidance as to Group profitability for the financial year to 2025.

[trying2trade] 11/7/2024 10:52

You can't be taken seriously if you haven't bothered to read their results and update?

[foreverbull] 11/7/2024 08:41

Inching up nicely!

[noramping] 11/7/2024 08:05

Just read jet2 forum they calculate PE is 6.9 , sound familiar

[sapphireblue1] 11/7/2024 07:49

Yes but not relevant to easyJet as this is to March 24 so last summer. We already know how easyJet did in that period.
The easyJet Q3 performance will be along on 24th July. With Easter in Q2 £220m or more will look very positive however I suspect that they will be closer to £250m.
We need some comprehensive guidance on the summer performance as it makes or breaks the year.

[f0rl0rn] 11/7/2024 06:23

Jet2 Preliminary Results for 2024 is very positive.