Easyjet Share Discussion Threads

[taurusthebear] 13/1/2021 15:57

I can see the land of milk and honey.

Just across that deep, deep canyon.

It doesn't look too wide from here.

Maybe I should jump...

[taurusthebear] 13/1/2021 15:57

I can see the land of milk and honey.

Just across that deep, deep canyon.

It doesn't look too wide from here.

Maybe I should jump...

[whites123] 10/1/2021 09:23

A BUMPER SUMMER SEASON BECKONS

Travel demand becoming ‘more and more pent-up’, says easyJet holidays boss

Travel demand becoming ‘more and more pent-up’, says easyJet holidays boss
The boss of easyJet holidays says there is “no reason” why summer 2021 cannot be “decent” for tour operators as demand is getting “more and more pent-up”.

Speaking on a Travel Weekly webcast, chief executive Garry Wilson said he was “as optimistic as I’ve been since the first lockdown” in terms of the operator’s recovery from the Covid-19 pandemic.

He said people had “become very used to” lockdown restrictions now and while operators such as easyJet holidays have to “run around behind the scenes” to cancel and rebook customers, it is simply a case of going “through the process again” and “keeping communication going”

Wilson said a lot of customers are “pushing on” bookings, rather than cancelling, using credit to keep delaying. He added: “With the period we are coming into is that customers are moving it further into the future”.

He said he expected airline customers to travel “as soon as restrictions are lifted” but that holiday customers might be looking “post May half term”.

“We can pin our hopes on some return around Easter,” Wilson forecast.

“We all expected” a slower than typical January, said Wilson, but added: “I’m the most optimistic I’ve been since the first lockdown.

“With the vaccine being rolled out there is light at the end of the tunnel and people are thinking they can get away this summer and plan with much more surety.

“That’s the role of the industry, as tour operators, as travel agents, to give customers the platform of security and just be open and honest with them.

“They are getting as much information as we’re getting and the consensus would be that there’s no reason this summer is not going to be a decent enough summer that feels a bit more like normality.

However, he added: “That said, you would expect to take a huge amount of your bookings in the January period. We won’t take as many bookings as we would, clearly, in a normal turn-of-year, but I think that just delays that booking period through to February, March and April.”

He noted that the “massive spikes” in bookings when destinations are added to travel corridors, adding “that demand is becoming more and more pent-up the longer this lasts.”

[taurusthebear] 09/1/2021 14:12

So what?

Borrowing heaps of money with no realistic prospect of decent revenues over an unforeseen time horizon is not my idea of a good investment.

[whites123] 09/1/2021 13:19

Easyjet secured £1.4 Billion loan backed by the government...

I guess this now firmly puts the nail in the coffin lid of those who kept saying the company was going to have to go to market with Rights Issue. :-)

Easyjet was and is always going to be near the top of the list for governments to ensure survive.

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Last night Johan Lundgren, Easyjet's boss, said: 'Easyjet has taken swift and decisive action, having now secured more than £4.5billion in liquidity since the beginning of the pandemic. The loan facility, provided on commercial terms, reflects constructive and collaborative work between Easyjet, multiple banks and UK Export Finance.'

He added that the firm was 'well positioned' for later this year when it is hoped restrictions will lift and the travel industry can open up again.
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EasyJet last night secured a £1.4billion state-backed loan to help the budget airline survive the pandemic.

The firm said the five-year loan had been underwritten by a group of banks and part-guaranteed by UK Export Finance, a government agency.

It will help Easyjet navigate turbulence in the coming months as tough coronavirus restrictions across Europe – including the third UK lockdown – continue to batter the travel industry.

Easyjet will not be able to pay dividends for the term of the loan under conditions it has agreed. The company said the loan, which has been secured against aircraft, eased pressure on its balance sheet and freed up cash available.

It means that during the first three months of this year, it will reduce its £369m overdraft and another loan of £400m.

The bailout has been agreed just days after British Airways owner IAG struck a similar deal with banks, which was also part-guaranteed by the UK Government.

Last night Johan Lundgren, Easyjet's boss, said: 'Easyjet has taken swift and decisive action, having now secured more than £4.5billion in liquidity since the beginning of the pandemic. The loan facility, provided on commercial terms, reflects constructive and collaborative work between Easyjet, multiple banks and UK Export Finance.'

He added that the firm was 'well positioned' for later this year when it is hoped restrictions will lift and the travel industry can open up again.

[gettingrichslow] 08/1/2021 18:25

Won’t be following your lead Whites! I’ve been investing in a handful of exceptional companies like Halma, Melrose and Amazon as well as emerging markets trackers for a long time. I have a ten year time horizon not your 1 month look-ahead which is always an amateurish approach. If you know anything about investing you’ll know that the total yearly profits of all the worlds airlines, in every year they’ve ever existed, all added together is a negative number! So I prefer to steer clear...you’ll realise that too one day!

[whites123] 08/1/2021 14:35

Whilst you been making the fool of yourself gettingrichslowly, I have been making money..
Indeed, quite a sizeable paper profit already on EZJ.

What profession are you today? A gynaecologist.

If playing the fool satisfies your desire to be a hero here then well done, theres a good boy, yes you are, yes you are..
If however making money is something you aspire to do, then do yourself a big favour and follow my lead.

But EZJ, the share price will be over £11.00 by end of Feb.

[amt] 08/1/2021 08:17

Now a test required in addition to Quarantine.

[taurusthebear] 08/1/2021 00:42

I wouldn't expect too much grey matter from a climate denier, not to mention one who supposedly bought with an obvious pre-flight testing regime coming.

[gettingrichslow] 07/1/2021 20:06

Rather than just re-stating the same thing over and over again, it would be more appropriate to just admit you didn’t understand what the efficacy percentages actually mean! At least you’ve learnt something I suppose. Now how about telling us what leads you to think 800p per share undervalues EZJ? What valuation technique have you used to deduce your view of fair value? Better still, share some of the key steps in your calculation because you claim to be a talented mathematician although the evidence so far suggests otherwise! Come on Whites, I’m looking forward to this!

[chesty1] 07/1/2021 14:20

tlobs26 Jan '21 - 14:40 - 14259 of 14262
0 0 0
You've got to laugh at chesty1 and his predictions. LOL.

Need to laugh at the share price mate! Looks red to me....Prediction BANG ON THE MONEY!

[gettingrichslow] 06/1/2021 18:45

Maths is very much my strong point, I do it for a living. I’ll correct you once more though because you do seem a little slow on the uptake. 95% efficacy DOES NOT mean “95 in every 100 will be immunised satisfactorily against Covid”. That is just plain wrong. Good article in the New York Times explains why this is a common misunderstanding amongst the less informed members of society! Whether EasyJet is under or overvalued is another matter but given how central the vaccine efficacy is to the prospects of airlines, you really should try to understand the basics before investing in something you don’t really understand and keep misinterpreting. Otherwise you’ll look (and feel) a bit of a fool when it all goes wrong!

[whites123] 06/1/2021 16:58

Oh Dear Getrichslow,

Oh dear oh dear oh dreary:

Efficacy is a more formal way to say effectiveness, both of which stem from the Latin verb efficere "to work out, accomplish." The effectiveness, or efficacy, of something is how well it works or brings the results you hoped for.

Moderna for instance is expected to be 95% efficient.
95 in every 100 will be immunised satisfactorily against Covid

Whereas, the Flu vaccine 2018/2019 had 45% efficacy and 22,000 deaths occured in the UK.

Now, if you really want to do some maths (If you struggle then I will help)
But the Covid vaccine has 95% efficacy and the plan is to immunise majority of the population at risk (Youngsters develop their own immunity and add to the herd immunisation)
Do the maths and you will see that by Summer we will be at death figures that society consider to be acceptable.

Therefore its extremely reasonable to suggest that flights, holidays, cinemas, gyms etc will all start opening up and the covid vaccine/booster will just become a part of everyday life for the same people who are at risk of flu, but the covid vaccine has a better efficacy.

Therefore, as we are discussing Easyjet and the fact I say the stock will fly and consider you a numpty who knows jack, I believe I am correct and you are incorrect so have put my money where my mouth is and have purchased some stock here.

[gettingrichslow] 06/1/2021 15:13

Whites clearly still doesn’t understand what efficacy means...try reading my previous post carefully Whites! Then spend a few minutes thinking.

[tlobs2] 06/1/2021 14:40

You've got to laugh at chesty1 and his predictions. LOL.

[whites123] 06/1/2021 13:12

You guys make me laugh.
At least the ones talking it down without a clue do.

Viruses are part of every day life and its about getting vaccines into the population so risk is mitigated to what we perceive to be an acceptable risk.

The common flu kills avg 8,00- to 10,000 per year UK.
But if it were measured in the way Covid is then the death rate would soar to over 64,000 (Those who die within 18 days of being diagnosed with the flu)

All we need to do as a society is to get the numbers of "Acceptable" deaths to a figure society will accept and its all back to normal...

By the time the 95% efficacy vaccine is in full flow it will actually provide better immunisation to the population that the flu jab does, simply based on the fact that no where near the amount of population has the flu jab as will have the covid jab.

[activeservo] 06/1/2021 13:08

Recovery starting to gather pace.

[amt] 06/1/2021 12:03

Easyjet cancelling flights today, so another hit. Will they need to raise more cash?

[1crackupboom] 06/1/2021 09:33

Bingo was just about to post the same. Narrative has changed. Vaccines will turn out to be useless. This summer is a right off. Can easy survive till 2022 summer? Not sure will be back to normal then anyway unless covid dealt with. I used to fly all the time. Not flown since before lockdown. Sad for the pilots but I dont see how easy will be able to keep them unless tax payer giving them 2500 a month for next 15 months.

[gettingrichslow] 05/1/2021 13:23

Whites, you clearly don’t understand the basics around what the numbers mean. The Moderna vaccine is not 95% effective, it has a 95% efficacy rate, which is different. Secondly, 95% efficacy does not mean that 95 in 100 people are ‘immune’. That is a common misunderstanding but you really should read up on it before making statements that show your ignorance. The 95% efficacy means that you reduce your risk to one twentieth of the prevailing risk you would otherwise have faced if you hadn’t been vaccinated. So my maths is not wrong, it’s just that you didn’t understand the basic terminology.

[yump] 05/1/2021 13:04

In theory, when the number of hospitalisations and deaths drops to the level of flu, everything should open up.

The whole idea of the vaccines is not to prevent everyone getting any covid, its to reduce the levels of hospitalisation and deaths. So it doesn't need 90 whatever % efficacy.

That's a mercenary way of looking at it I guess.

[whites123] 05/1/2021 12:29

easyJet plc (EZJ.L) (LON:EZJ) has been assigned a GBX 875 ($11.43) price target by investment analysts at JPMorgan Chase & Co. in a report released on Tuesday, Borsen Zeitung reports. The firm presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 15.01% from the company's current price.

A number of other research firms have also issued reports on EZJ. Berenberg Bank reissued a "neutral" rating and issued a GBX 820 ($10.71) price target on shares of easyJet plc (EZJ.L) in a research report on Wednesday, November 18th. UBS Group reiterated a "buy" rating and issued a GBX 1,125 ($14.70) target price on shares of easyJet plc (EZJ.L) in a research report on Tuesday, December 1st. Bank of America restated a "buy" rating and set a GBX 950 ($12.41) price target on shares of easyJet plc (EZJ.L) in a report on Wednesday, November 18th. CSFB reiterated a "buy" rating on shares of easyJet plc (EZJ.L) in a report on Thursday, October 8th. Finally, The Goldman Sachs Group set a GBX 840 ($10.97) price objective on easyJet plc (EZJ.L) and gave the company a "neutral" rating in a research report on Monday, November 30th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of "Hold" and an average target price of GBX 881.95 ($11.52).

Shares of easyJet plc (EZJ.L) stock opened at GBX 760.80 ($9.94) on Tuesday. easyJet plc has a 1 year low of GBX 410 ($5.36) and a 1 year high of GBX 1,570 ($20.51). The company has a market cap of £3.48 billion and a P/E ratio of -2.85. The company has a current ratio of 0.67, a quick ratio of 0.64 and a debt-to-equity ratio of 181.20. The stock has a 50-day moving average price of GBX 824.77 and a 200 day moving average price of GBX 648.95

[whites123] 05/1/2021 12:29

Gettingrichslow.

Your maths are flawed. And totally off the scale of legitimacy.
The Moderna vaccine for instance has a 95% effectiveness
.

End of.

95 in every hundred will essentially have immunity, add the herd immunity, add the younger folk who are not affected (Herd Immunity) and very very soon the virus will be wiped out.

[gettingrichslow] 05/1/2021 08:18

Justice, the vaccine reduces your risk by around 60% after one dose, maybe 90% after two doses, so a 10-fold reduction in risk. But cases are now over 50 times higher than they were in the summer! So even with the vaccine, one is still at 5 times higher risk than in the summer...