Easyjet Share Discussion Threads

[alex1621] 16/5/2019 15:41

Who in Parliament will vote for no deal? It is not within the gift of a Tory leader to give. Even if May is replaced. I agree that we are nearing the Brexit end game, but it may well be that we end up in a General Election, followed by a Labour coalition ... and most likely another referendum.

[sum493] 16/5/2019 15:33

it is ridiculous - this market looks like a raging bear to me - stocks go down heavily and most remain down. I've lost huge amounts in the UK stock market in just a couple of years.

[essentialinvestor] 16/5/2019 15:30

Increasing risk of another GE as parliamentary arithmetic remains the same,
regardless of leader.

Tomorrow's statement will be interesting.

[taurusthebear] 16/5/2019 15:24

But it's now looking as if No Deal has more chance than canning Brexit. So buy the fact at the end of October. :0)

[porsche1945] 16/5/2019 15:17

Ezy will be fine, good airline good product and much better CEO now, brexit and weak sterling causing the problems, fuel paid for in dollars and people feeling skint, if and when that sxxtshow gets sorted or better still canned for good sterling could really bounce, 1.40 plus again...these will then be heading back to 16 quid and more with speed, maybe more weakness first, could be a rough summer for UK with the self harming morons in charge, but thats how you make money from shares, buying when they are bombed out, just gotta have the guts.

[essentialinvestor] 16/5/2019 14:28

Grounded is better than a crash landing.

[connorcampbell] 16/5/2019 13:31

!YOUTUBEVIDEO:CYlpqv1F0pg:
Will easyJet remain grounded following Friday’s half year results?

Crucially during its Q1 results, easyJet stated the despite ‘consumer and economic uncertainty created by Brexit’, demand remains ‘solid’ and forward bookings past the then-exit date of March 29th were ‘robust’. It also claimed it was ‘well-prepared’ for the UK leaving the EU.

In terms of Friday’s half year report, easyJet is expecting revenue per seat at constant currency to decrease by ‘mid to high single digits’, due to the shifting of Easter into H2, a ‘more competitive market in Berlin’, and the greater than anticipated ‘phasing impact from H1 to H2’ of new IFRS 15 accounting standards.

Read what Spreadex analysts have to say, or watch a 60 second preview, here:

[connorcampbell] 16/5/2019 13:30

Will easyJet remain grounded following Friday’s half year results?

Crucially during its Q1 results, easyJet stated the despite ‘consumer and economic uncertainty created by Brexit’, demand remains ‘solid’ and forward bookings past the then-exit date of March 29th were ‘robust’. It also claimed it was ‘well-prepared’ for the UK leaving the EU.

In terms of Friday’s half year report, easyJet is expecting revenue per seat at constant currency to decrease by ‘mid to high single digits’, due to the shifting of Easter into H2, a ‘more competitive market in Berlin’, and the greater than anticipated ‘phasing impact from H1 to H2’ of new IFRS 15 accounting standards.

Read what Spreadex analysts have to say, or watch a 60 second preview, here: hxxps://spreadex.com/?tid=391681

[montyhedge] 15/5/2019 20:11

Wait for 850p.

[mwainw1973] 15/5/2019 20:00

I was poised for a re entry at 1000 bit waiting a while longer. Got the bottom last month and our at top hoping to rise again

[tlobs2] 15/5/2019 19:49

Montydredge, change the record.

Easyjet have been doing very well and their choice of aircraft supplier is proving to be very prudent.

Meanwhile other airlines have the B737's parked up.

[essentialinvestor] 15/5/2019 19:37

It's guidance the market will focus on, particularly summer.

[cashandcard] 15/5/2019 18:18

MHLCCs don't usually make a significant profit if any during Q4+Q1. For them it's all about the summer. Unlike legacy operators, they are in a good position to respond to pricing pressure plus have a lean and mean cost base. Cash

[montyhedge] 15/5/2019 16:20

Battern down the hatches on Friday for EasyJet shareprice I reckon.

[technicalinveztor] 15/5/2019 15:47

Every airline affected but not jet2. Dart.It being an aim share, it probably being manipulated, imo. But its holding very fragile support. It could eventually be the elephant in the room.

[montyhedge] 15/5/2019 15:41

Easyjet was voted second worst airline in the world, Thomas Cook was last, figures on Friday I expect to be awful. Bit unfair I thought Easyjet was a better service than Ryanair.

[tlobs2] 15/5/2019 09:21

So it's Blackrock shorting this one down at present for some reason or maybe some third party. If history repeats itself then this one will climb back at a pretty rapid rate.

[alex1621] 14/5/2019 19:42

If the Tories get a new leader and attempt to engineer a no deal Brexit they are likely to trigger a General Election by default, as some of their own party will vote against their government in a no confidence vote triggered by Labour. A GE will bring in a Labour or Labour coalition government ... a softer Brexit but a disaster for the economy and GBP, not to mention the theft of shareholdings ... via the 10% or nationalisation routes.My fear is this will not end well.

[taurusthebear] 14/5/2019 15:50

Yes but the issue is Brexit. If it happens by Halloween the Brexit Party will be largely redundant (as Change UK and Lib Dems and UKIP). Even without Brexit, it's a lot easier to imagine a Tory leadership election rather than a GE. Short of a no-confidence vote, there'd be no incentive for the Tories to call an early GE.

Anyway, I think much below a tenner, the pessimism will become unjustified. Unless Trump bombs Iran...

[essentialinvestor] 14/5/2019 15:18

Following the EU elections the Brexit party will announce a full range of policies,
they've already stated this. That appears not to indicate a one issue time
limited political party.

[essentialinvestor] 14/5/2019 14:49

Alex, it's a valid point.

[alex1621] 14/5/2019 14:31

A Corbyn Government is a bigger threat than WTO Brexit ... both are foolish imho. My concern is that Farage will inadvertently deliver Corbyn at the next GE.

[taurusthebear] 14/5/2019 13:20

As with any poll, you need the criteria and context or it's meaningless. And look what polls did in 2016 for Remain and Hilary.

Will a tenner prove to be support? I'm disinclined to buy here because when the Brexit Party inevitably run away with the Euro elections next week, any hint of a WTO Brexit seems likely to unsettle EZJ shares some more. But under a tenner would definitely be interesting.