Easyjet Share Discussion Threads

[cevodniya] 02/8/2024 10:50

Sapphire, eventually you'll be oroven right.
It might take another 2 years but eventually Easyjet will go over £5.
I sold Rolls-Royce at 1.82p, having bought at 70p and invested in Easyjet at 4.47.
Why?
Because I thought Easyjet had far greater percentile growth than Rolls-Royce.
How wrong I was.

[f0rl0rn] 02/8/2024 09:44

Recent increase in short positions, largely driven by optimistic expectations surrounding Wizz Air's upcoming results. In contrast, the recent performance of International Airlines Group (IAG) appears to have had little to no positive impact on EasyJet's shares. The market is experiencing a downturn, as evidenced by the predominance of red across various indices. In this context, EasyJet's shares have managed to hold steady.

[noramping] 02/8/2024 09:29

Facts are the rampers on here should be called to task of why the predicts and promises made don’t happen.

It’s called credability, is it not.

[sapphireblue1] 02/8/2024 09:06

So we can really understand the dynamic.
March 25 Málaga marathon. This year we had no bookings from easyjet holidays for the marathon. They were all DIY or marathon tour providers packages.
So far for 25 we have 16 rooms on easyJet holidays. These are 3-6 night packages. The marathon has several thousand places left so we'll pick up more for sure.
These are flight only DIY converts, many from ryanair. Easyjet make 10x the profit on a holiday compared to flight only.

[sapphireblue1] 02/8/2024 08:57

It's very easy to see if you look. They were very close to £9m a day last year and are reporting more flights and we can see the prices are higher. Q4 had 10 days of substantial disruption and 6-12 days of alterations to the schedule. So far we have had 1 day of substantial disruption and several days of isolated cancellations and schedule changes. If we remove the 10 days from 23 and replace with 3 days in 24 then we are very close to £9m with no change in performance. Certainly on a non disruption day they are making more £9m a day profit in July and August prime dates. On a major disruption day they obviously make a substantial loss.
As I have said many times it's all about the premium days of disruption.
So far disruption is well down on last year looking at July 23 problems around the 10th and 23rd. This year crowdstrike around the 17th but largely the network still functioned and easyJet won't be paying compensation.
It's easy to see what the share price is, look at the chart however this is of zero value to me. I have bought my shares. I don't care where the price is I only care about where it's going. Currently it's ridiculous. The holiday business has achieved zero valuation despite making substantial profit. In 3 years the holiday business will make more profit than the airline because of the potential for massive winter growth.
Hotels are full now but we are booking easyJet capacity through to the end of May and have
Sold many up to Christmas and Easter is already busy as it the 3rd weekend in March North Mijas Costa.

[cevodniya] 02/8/2024 08:20

Noramping, I have to agree mate re Sapphire.
I watch your daily banter, you the realist, Sapphire the appointed pragmatist.
She believes that share prices do not reflect company valuations or profitability.
She alone knows the value of Easyjet at £9 million a day.
She alone is the only voice worth listening to and eventually may be proven right.
I bought Rolls-Royce at 70p when the great aviation analyst of JP Morgan Stanley, David Berry was globally predicting 35p.
Ermm, he got that a little bit wrong, only by 1500%.

[sapphireblue1] 02/8/2024 07:17

More like the market isn't ready yet. We are in an instant mentality and investors are hard to find. Gamblers and carpetbaggers are numerous.
I am an investor and here for the long term.
£5.50 for the commercial position and opportunity is way too cheap but the price is gripped in a spiral at the moment driven by external factors mostly of no consequence to the business.
The market is calling easyJet liars so we wait for the results for confirmation.

[noramping] 02/8/2024 07:14

Sapphire does a lot of thinking, just can’t keep quiet and let the share price do the talking.

How she can breathe underwater whilst talking is beyond me.

[onehanded] 02/8/2024 06:45

Worth £5.50 on valuation but market still unsure. Interest falling will be if help going forward. Clear buy and hold.

[weemonkey] 02/8/2024 05:07

There is almost no volume behind this selling.. Which I find encouraging. August is the weirdest month for share prices traditionally as the trading rooms are half empty

[sapphireblue1] 01/8/2024 19:43

I don't think that it makes any difference to the share price at the moment how well the business is doing commercially.
Ultimately it goes where the market moves it when volume is so low it's open to manipulation.

[trying2trade] 01/8/2024 15:25

Immigration is a countries line of security. You're really desperately trying to make a mountain out of a molehill and very strange hill to die on at that.

[onehanded] 01/8/2024 15:16

Clear buy, last chance at this price. Tomorrow with interest rate coming through and could be cut again next time. Have £5 first target.

[weemonkey] 01/8/2024 15:06

Just not "jusy" obviously. Writing this on a tiny smartphone somewhere in Portugal in a roadside cafe.

[weemonkey] 01/8/2024 14:49

"Bookings for Q4 continue to build, with 69% now sold, +1 ppt year-on-year with 7% more capacity on sale. This means easyJet has currently sold 1.5 million more seats for peak summer compared to the same point in time last year"This statement has somehow made Mr Market very depressed..I have jusy bought a few more (again)

[cevodniya] 01/8/2024 12:52

Trying2trade, if a pilot mixed up Bejing for Birmingham would you lambast the individual.
Whu does today's society accept stupidity so easily?

[essentialinvestor] 01/8/2024 11:02

Directors did not add post update.

Non execs do not usually benefit from a truck load of share options as part of their renumeration. As a consequence I tend to look at what non exes do.

[sapphireblue1] 01/8/2024 09:50

Weemonkey that's exactly what they are saying. We hear you but we don't believe you.
When they deliver year end it will be very obvious that Easyjet has stepped well ahead of the others.

[sapphireblue1] 01/8/2024 09:45

Phil are you talking about arriving in Tenerife. Definitely UK flights take much longer on arrival. Europe to Europe there's no customs even for British passport holders as they are already counting down their rolling 90 day allowance in Europe. Any flights from the UK are taken to the non Schengen hall for clearing passport control.
EU passport holders are quickly identified and moved through. UK passport holders join the queue.
It's a sad sight when Brits try to get residency to extend their stay beyond 90 days. Nearly all are rejected after queuing with economic migrants for often the whole day.
Brexit is an absolute disaster for British Citizens freedom and the UK economy.

[weemonkey] 01/8/2024 08:32

Interesting.

At the moment the market action is saying to EZJ..

"We do not believe the trading statement you have just put out"

Well I do believe EZJ and have bought more.

[noramping] 01/8/2024 08:07

Philmac, the Conservative government campaigned to remain in the EU, it had to then enact the people’s will.
If anything the reasons why we ended up with Boris is despite the will of the people policians refused to accept the result and enact it.

[blueball] 01/8/2024 07:20

stay in cash.