Easyjet Share Discussion Threads

[tlobs2] 10/10/2016 11:45

When are these buy orders going to come flooding in for the twenty million or so shares that are going to be required for the forced buyers?

[suffersnofools] 10/10/2016 11:01

"Brexit is about politics not economics" - Is posturing

It's always about the money. There is no way the Eurozone can afford to upset the WTO. Germany and France have no choice but to suck it up or face complete collapse of the EU. Although I think that is now inevitable anyway which is why I'm short the Euro.

[buoycat] 10/10/2016 10:58

To think Brexit is not going to cost us dear is dreamland. And I think the EU may be ready to pay the price too.

[buoycat] 10/10/2016 10:56

But as the EU is saying, and for that matter the UK, Brexit is about politics not economics.

[nw99] 10/10/2016 10:21

Chart suggests support at 830 or 750

[larva] 10/10/2016 10:21

2000 shares would have cost me £7000 more just a couple of weeks ago, thats the potential upside here short term

Buy 2000 and hopefully make 7000 imho
Lovely

[larva] 10/10/2016 10:20

dividend very good here

[quepassa] 10/10/2016 10:01

But it is not in Theresa May's power or remit to do that. - That's exactly the major issue for EasyJet.

EasyJet is a UK-BASED airline which does the vast majority of its flights within Europe and to and from Europe.

We are leaving the EU. Fact. Brexit. It's happening.

Easyjet will effectively become a foreign airline as far as the EEC is concerned given its current shareholder structure which complicate matters yet further inder EEC aviation laws.

However mass air-transportation within Europe is undoubtedly of vital importance. It is in my opinion effectively of such importance as may perhaps be attributed to national/pan-European infrastructure such as roads, railways, bridges, and power-lines.

Brussels have already made it blatantly clear in their pre-Article 50 positioning and stance-taking, that tough negotiations will take place and that the UK should not expect to receive the same freedoms and unfettered access to European markets as when it was an EEC member.

It is my fear that Brussels would favour EEC-owned, EEC-domiciled and fully European -not foreign- airlines to champion this vital role of providing mass transporation by air within the Eurozone.

In this way, Brussels can continue to control, influence and regulate those airlines more closely than allowing what would effectively be a foregn-domiciled airline to fulfill this essential quasi-infrastructural role inside Europe.

That is why , in my opinion, Ryanair is better placed in the current Brexit world as an Irish airline which will therefore remain an EEC airline.

The climate for Easyjet is not an easy one. Not only are competition and discounting as well as other negative factors such as atc strikes and pilot union isuues to the fore but Brexit issues will be a major question for a considerable time to come.


ALL IMO. DYOR.
QP

[larva] 10/10/2016 09:59

dividend very good here

[tlobs2] 10/10/2016 09:38

Nice to read QuePassa's informative post that highlighted that the number of shorts positions had increased significantly.

When the first one folds and starts to buy back in significant volumes then the price will be heading towards the latest buy target from Citigroup last Friday at 1050p and then on to the Goldman Sachs 1280p buy recommendations from last week.

As mentioned by other posters, at these levels don't rule out a bid from a larger rival ...........

[buying] 10/10/2016 09:32

As someone who just reads this board, I feel that Quepssa was mostly talking sense and others just didn't want to face the truth or see what was in front of their nose. It seems that many made the classic mistake of falling in love with a share.I did once think about buying under £10, but glad I didn't. That's not to say I'm not keeping my eye on it. It will probably be a very long time before this share recovers back to over £11. I do wish everyone luck

[bigboots] 10/10/2016 09:17

it wouldn’t take much of rhetorical twist from PM May or one of her EU counterparts to trigger an epic short squeeze in a very heavily positioned group of speculators in the GBP

Would help EASYJET immensly

[suffersnofools] 10/10/2016 09:00

Read the text then view the chart - PRICELESS :D

[mbmiah] 10/10/2016 08:57

So liberum got it wrong

[quepassa] 10/10/2016 08:53

Liberum's 930p was met swiftly last week, much to the consternation of certain posters who attempted to ridicule Liberum.

Share price now 868p.

HSBC have set their TARGET at 800p.

HSBC at 800p may yet prove to be as prescient and on the money as were Liberum.


ALL IMO. DYOR.
QP

[suffersnofools] 10/10/2016 08:50

Cable 1.20 is the bottom I think. Euro/USD is where I see a more terminal decline.

Overly simplistic making this a currency play though as a) It hurts the whole sector so it will be passed to the consumer, b) at these levels a bid is pretty much a certainty, so grabbing a few more pence to the downside is not a wise strategy against 100% upside ;)

Win/win for value investor though. Price goes down buy more, price goes up kerching.

[taurusthebear] 10/10/2016 08:42

Problem is... with sterling set to weaken for a while yet... how much more will EZJ lose due to that? Article 50 is still several months off, and in the meantime folk like Hollande will be full of bluster about punishing Britain. So pick your own bottom... :0)

[suffersnofools] 10/10/2016 08:31

Sure, City brokers may expect easyJet to have endured a 23% earnings slip in the period to September 2016. But the company is predicted to bounce back with a 6% rise in the current year, resulting in a P/E ratio of just 7.9 times.

A sub-10 reading is generally regarded as ‘fair value’ for stocks with high risk profiles like easyJet. This leaves a handy cushion should easyJet’s bottom line experience some unexpected turbulence looking ahead.

And in my opinion, easyJet’s ongoing expansion programme — the airline grew capacity by 5.8% during April-September, and plans a further 8% hike in the current year — should leave it in good stead to enjoy splendid revenues growth once its current troubles subside.

Indeed, the Bedfordshire-based business could actually benefit from a softening UK economy should cash-strapped travellers switch down from its more expensive rivals.

Chief executive Carolyn McCall certainly remains optimistic over the firm’s long-term outlook, the easyJet head noting that “the current environment is tough for all airlines, but history shows that at times like this the strongest airlines become stronger. That is why we will continue to invest for the long term success of the business.”

I share McCall’s belief that easyJet’s growth outlook remains strong, and reckon the airline could prove a very lucrative stock selection for courageous investors.

Ignore the hyperbole and just buy into a quality company at a good price. Take advantage of the shorters giving you a great opportunity.

[nodoe] 10/10/2016 08:29

3357.....3359 bit of a contradiction

[albanyvillas] 10/10/2016 08:29

7 Oct Citigroup 1,200.00 Buy

[deanroberthunt] 10/10/2016 08:28

Remember Ashtead at 27p and Taylor W at 4p...it can happen given the perfect storm

[deanroberthunt] 10/10/2016 08:28

Global Recession
Oil prices rising
Pound plummeting

What price the banks, builders and carrier co's? especially EZJ?

[deanroberthunt] 10/10/2016 08:21

moreover, we can't be far from a full on recession globally, pond side they're already in an earnings recession......