Easyjet Share Discussion Threads

[dancing piranha] 27/8/2024 12:38

Some of us are happy with our investments, and are not interested in noramping, and his constant, unqualified preaching!

[philmac56] 27/8/2024 11:17

That's my B)E cleared at 470.

Onwards & upwards.

Gla

[noramping] 27/8/2024 11:16

I’m happy for the share price to rise, I’m in profit now, Sapphire and DATATIT need it to be well above £5 before they are anywhere near profit.

[noramping] 27/8/2024 11:14

Ham, the £1bn profit is not valid , you fail to take into account the loss making parts of the year, seems you have edited your inaccurate post, well done.

Unless you are meaning in the years ahead?

The fleets aren’t similar as well Ryanair have not far off double the planes, even going off your figures

[hamhamham1] 27/8/2024 10:45

As I said earlier. So undervalued here....

Ryanair, fleetwise isn't that different. Compared to their market caps.
Ryanair planes = 594.
Ryanair market cap = £14.9bn (€17.6bn) - edited
Easyjet planes = 343.
Easyjet market cap = £3.5bn.

Looks like Ryanair's market cap roughly equates to £25m per plane, whereas Easyjet's is a lowly £10m per plane.

There is a lot of scope for Easyjet to narrow the gap, especially with the exponential growth of the holidays division.
Plus, their medium term target is £1bn profit before tax.

[noramping] 27/8/2024 10:44

FB, what rerate back to where the share price was in May 😀

[foreverbull] 27/8/2024 10:32

468p is strong support for EZY and a strong close above that will see it through 490-500...fingers crossed

[peddlers] 27/8/2024 09:26

Looking very positive.

This will get another re rate.

[sapphireblue1] 27/8/2024 09:01

The valuation by share price is ridiculous.

[foreverbull] 27/8/2024 08:46

Great to see some positive buying interest today... keeping fingers crossed for 490-500 resistance level

[onehanded] 27/8/2024 08:37

£5 easily in reach and if that breaks very quickly to £5.50. Strong buy.

[hamhamham1] 27/8/2024 08:34

Ryanair, fleetwise isn't that different. Compared to their market caps.
Ryanair planes = 594.
Ryanair market cap = £14.9bn (€17.6bn) - edited
Easyjet planes = 343.
Easyjet market cap = £3.5bn.

Looks like Ryanair's market cap roughly equates to £25m per plane, whereas Easyjet's is a lowly £10m per plane.

There is a lot of scope for Easyjet to narrow the gap, especially with the exponential growth of the holidays division.
Plus, their medium term target is £1bn profit before tax.

[hamhamham1] 27/8/2024 08:28

Ryanair statement will turn up the jet engines here.
Give it 18-24 months and these will have an 8 handle IMO.

[wallywoo] 27/8/2024 08:20

And we're off!!!

[damodamodamo567] 25/8/2024 16:33

I'm a newb but surely the last month indicates things are beginning to turn in the right direction in time for November. I don't know whether to add or not now. My portfolio isn't very diverse at all but I've got a good feeling about what's coming

[noramping] 23/8/2024 09:22

Ezj aren’t Ryanair, they are a much smaller company.

I don’t know why share buybacks are being discussed with regards EZJ , they are not on the agenda and they don’t have the money anyhow.

Maybe years down the road things may change , but in the mean time EZJ needs to make profits, when they(if) do that then the shares may rerate anyhow, again any news on trading is months away.

Seems it’s just normal white noise coming from the incessant ramper herself, she must be really desperate for the share price to go up and will say anything to try and bump it along.

Desperate stuff from a desperate person.

Share buybacks now, Change of listing location was a previous excuse, the list goes on.

She should just buy more shares if they are the deal of the century? Oh I forgot she already did that at much higher prices.

[ccsicemanandrew] 23/8/2024 07:24

I stand corrected.

[sapphireblue1] 22/8/2024 19:46

The loses are not real, they are accounting losses. Over those loss periods they have accumulated substantial cash.
Lots of factors weigh on the numbers that are non cash.
I would like to see a modest buyback. I am sure Stelios would approve.

[cevodniya] 22/8/2024 19:29

Ccicemanandrew, surely O'Leary discussed an 800 million Euro share buyback with you before he decided?
It did lead to a 4.5% increase in the share price but that's nothing for you is it!

[essentialinvestor] 22/8/2024 15:54

Ryanair is conducting a huge buy back
and I trust O'Leary to judge value.

[cevodniya] 22/8/2024 15:52

Noramping, I'm not speculating at all that Easyjet will initiate a buy back.
I agree with you that further cash accumulation is required, yep after the massive 4th quarter, it's back to 2 qtrs of losses and new plane deliveries.
My point was referring to the expertise of the analyst who commented that buybacks are only when companies do not know what to do with their money.
That's simply not the case.
I know you and Sapphire disagree 100% on this company.
You should go onto LSE, she posts under Xhita there lol

[sapphireblue1] 22/8/2024 14:59

Share buybacks send a strong message to the market about the sustainability and longevity of the business. They show that excess profit is earnt and they are happy to support the share price with it. After the chaos of covid it would show easyjet are in a strong position.

[noramping] 22/8/2024 14:43

Cev, haven’t EZJ got some planes on order, I presume that they will need debt to buy them?

They aren’t awash with cash anyhow, they should make good profits next results , but they are then back into loss making quarters aren’t they?

[cevodniya] 22/8/2024 13:33

Davious, I love it when a complete amateur shares their views.
As you say, dome of 5he world's most successful businesses use share buybacks, but this guy thinks it's because they gave nothing better to do with their money, they are entrepreneurial microbes compared to this analyst.
Even Warren buys Berkshire, thereby disappointing this investment superstar!!