Easyjet Share Discussion Threads

[gunsofmarscapone] 19/3/2020 13:20

amt these companies are losing a whole high season of revenue, effectively leveraging debt. For 2021, 2022 and even 2023 we will have a population trying to recover financially, repaying loans.

People will of course book but the margins for airline companies will be more narrow than ever. Those companies will experience a few very thin years as they themselves repay loans from the state.

I hope that HM Government do not support Virgin Atlantic though, Branson himself should support his own conglomerate given the ongoing controversies...I think you are being sucked into the bull trap mindset to be honest.

[amt] 19/3/2020 13:13

Philanderer I don't agree. I think health crisis will be over in a couple of weeks in most of Europe, a month in UK and in 6 weeks life will be becoming more normalised. I think holidaying and going to bars and restaurants will be restricted until a vaccine comes in. So it will be very difficult for airlines and leisure industry but manageable.

[caprinisteve] 19/3/2020 13:08

Can the last one leaving please switch the light off.

[gunsofmarscapone] 19/3/2020 12:54

Incredible, bull-trap after bull-trap: locking in the inexperienced, the mentally febrile and the greedy.

Yet another global indices meso-cycle. I see <3500 on the FTSE100 as a target now. Its a massive reset only accelerated by the multi year bull run reaching it’s natural shelf life.

Might pick up a modest tranche of airline recovery stocks in two months IAG at sub 50p etc etc.

So, demand and supply destruction leads to global deep recession, all timelines reset to the medium and long term again!

[claret dragon] 19/3/2020 12:48

I would rather take my chances with the Kung Flu, than have a Depression for a nasty cold.

There is an agenda here.

[philanderer] 19/3/2020 12:35

loganair. You're right.

We're heading for a Depression the likes of which none of us has ever witnessed. Mass unemployment, food rationing and Marshall Law with the army on the streets doing their best to uphold law and order.

The army will be on the streets of London within a week. ID cards will become compulsory and travel for ordinary citizens will be restricted to around a mile radius from their homes only with good reason.

And there won't be any reason to bang on about 'EZJ will hit 20p' because the banks will have been nationalised and the government will have frozen all our bank accounts anyway.

Keep washing those hands.

[ohsod1t] 19/3/2020 12:00

Well their balance sheet will support them for a fair time. They will hopefully be forward buying fuel.

[philanderer] 19/3/2020 11:58

Lucky guess dr :-)

[loganair] 19/3/2020 11:58

When all this first started I posted IAG going to 50p and Easyjet to 100p.

If the government has to step in, remember the banks. Before the financial crises of 2008 Lloyds high of 1200p, since the financial crises and the government taking a stake they have not even reached 100p and as for RBS in old money they topped out a £55 before the financial crises and have barely reached £3 since.

[dround87] 19/3/2020 11:46

Nice one chap!

[philanderer] 19/3/2020 11:13

And out @ 458p

[philanderer] 19/3/2020 11:03

I've bought some @ 418p

[ny boy] 19/3/2020 10:52

Support1: 494.80p Support2: 411.67p

Needs to hold 411, as don’t have any lower support levels yet

[bellesimo1] 19/3/2020 10:46

I can’t believe my target price was 800/500p well done nhs1 for your predictions thanks

[stevedaytrader] 19/3/2020 10:42

Amt- good to seek load now to get over the near term- far better to do this now rather than wait for the cash to run out- of course, they have this modelled.

[pjm1162] 19/3/2020 10:41

Sell sell sell

[pjm1162] 19/3/2020 10:41

Getting smashed... 100p inbound

[1 nhs] 19/3/2020 10:35

Can’t adapt fast enough .

[tomboyb] 19/3/2020 10:35

EU Chief Negotiator Michel Barnier has announced he has tested positive for COVID-19

[1 nhs] 19/3/2020 10:35

I posted weeks and weeks ago this airlines business model is over

Finished

Customer base gone

[philanderer] 19/3/2020 10:31

Indeed 1 pound , looking like the end of the world . Morning :-)

[philanderer] 19/3/2020 10:29

1 NHS , what should I do then ?

[1 pound here we come] 19/3/2020 10:22

Death spiral?

[bc4] 19/3/2020 10:17

tlobs2 short table totally pointless! He was told where the share price was going did he listen, NO

[1 nhs] 19/3/2020 10:17

You were told, TIME, AND TIME AGAIN

1/ World no fly zone

2/ your company will go bust.

Each day both get nearer by the hour