Easyjet Share Discussion Threads

[diku] 13/9/2021 08:43

Ticker symbol for nil-paid rights?...

[buywell3] 13/9/2021 08:29

buywell3 - 14 Sep 2020 - 22:42:41 - 13657 of 15096 Easyjet 2014 and beyond - EZJ


=========== The Future of the Airline Sector ==========


The future of the entire Global Airline Sector is 100% dependent at this time , on the outcome of the Covid-19 Pandemic.

Whilst this pandemic exists , and that, also for the present , buywell sees as worldwide case numbers increasing ; then so to will the Global Airline Sector be adversely affected.

Simply put Airline passengers realize there is a risk now attached to flying or indeed any form of travel in the presence of unknown strangers for many hours in an enclosed space.

Going to the toilet which is a very tiny space on planes/boats/buses and trains which ALL do at least a couple of times on say a 5 or 6 hour flight means this.

The person enters an area of approx 1M by 1.5M with a height of approx 2.5M
This room is less than considered safe by ALL Government Covid-19 social distancing regulations. This room (toilet) will have been visited by a very large percentage of the entire population on that plane/boat/bus or train. That is to say you have gone against the social distancing advice and breathed in the expelled air that all of those other passengers have breathed out or their aerosol droplets that their sneezes or coughs whist in occupance have produced.


In 2021 until a vaccine has tested that it works in a safe manner for a sufficient immunity period , until such a vaccine has been produced in the Billions of doses , until these billions of doses are then distributed Globally to all countries and the 7.8 Billion that will need to get it , many of whom can't afford to pay anything so it will have to free issue to approx 4 Billion people --- in 2021 buywell does not see this happening.

In the meantime it has been discovered that Covid-19 can be caught twice , which IMO is very very bad news regarding getting rid of it. Spanish Flu(last pandemic) was eradicated only because around 60% of the world population caught it , most lived , and most importantly developed immunity which meant they did not catch it again. buywell posits --- this is now NOT the case regards to Covid-19.

Conclusions:

a) Present data is pointing to Covid-19 being a long term event until a cure is found or a vaccine giving immunity for a period of time long enough for re-infections or new infections to reduce to numbers that health services can manage.

b) There is a worrying high percentage of people that do not want to take such a vaccine --- thought on how people can be made to accept a vaccine jab needs to be agreed upon ie WHO to take a lead --- perhaps mandates jabs for all.

c) Mutations of the SARS-CoV-2 virus continue, and there is now a very much more contagious strain ( X 10 ) in existence in many countries ie NOT the original Wuhan strain. This means some vaccines now under test might not work on whatever mutated strain is still causing cases in July 2021.

d) Because those people that enter a ICU in a hospital or need critical care due to adverse reactions to Covid-19 ie 20% currently ---- because those people that survive out of that 20% of Covid-19 cases and get discharged from hospital do so with a variety of severity of organ damage ( long term ) , the strain on Hospitals is going to increase exponentially whilst Covid-19 cases continue and existing discharged patients need ongoing medical treatments

e) At some point in 2021 on current Global trajectory of case numbers driven by India , Africa , North and South Americas and now the EU and Asia --- Hospital Services will cease to function

UNLESS

Strict Quarantine measures are imposed as was the case in Spanish Flu pandemic .
Unfortunately people of the present day with human rights do not react well to authority so such National Lockdowns that might have worked in the Spanish Flu pandemic won't work now.

-----------------------------------------------------


SOLUTION


The only solution in buywells' opinion is that mankind must learn to live with Covid-19 as another ongoing coronavirus ( ie become the fifth ) .

For such things as planes and boats and buses and planes there has been a way found recently to make this possible

buywell has posted what it is.

It will become the BIGGEST GROWTH AREA IMO in 2021

imo dyor

[kinwah] 13/9/2021 07:37

Diku, yes it should open around 578p. The nil-paids will therefore be around 168p. I would expect the first 30 minutes or so to see the price falling before some buyers come in later on. Nil-paids can be very volatile and in this case a 1 per cent move in the EZJ share price would see almost a 4 per cent move in the nil-paid right. Should be fun to watch. Enjoy!

[phillis] 13/9/2021 07:20

In case there was any doubt
“The Record Date for entitlements under the Rights Issue was the close of business on 8 September 2021.”

[loganair] 12/9/2021 10:25

Most airlines are holding 50% more debt and 50% more shares are in issue compared to 2019 which seems to me a lot to get over.

with interest rates likely to rise over the coming years more and more of the airlines profits will be going into servicing all this extra debt they've taken on.

[1crackupboom] 12/9/2021 10:07

Johnson tore up the proposals after scientists said vaccinations would be an effective first line of defence against a winter wave of the pandemic. But the move also represents a significant concession to Tory backbench rebels who had complained that enforcing vaccine passports would create a group of second-class citizens.Looks like travel stocks will boom. Covid was finished ages ago. It's the govt reaction to it been holding everything back. Airlines will boom with no testing no restrictions

[diku] 10/9/2021 20:48

So will this open around 578p Monday morning?...

[joestalin] 10/9/2021 19:19

You can buy 31 new shares for every 47 existing shares at a price of 410p per share.

I will be taking up my offer, not that I have very many.

[1crackupboom] 10/9/2021 19:01

How does this not drop 100p at least on Monday? Don't people have instant profit from cheap placing shares? What have I missed?

[1crackupboom] 10/9/2021 16:39

Is this traded after market? 680?

[crystal_balls] 10/9/2021 16:01

Yes I had to buy back at a large Fing cost!

[macromike] 10/9/2021 15:57

ttny, I thought everyone here IS a multi-millionaire! Have people here been fibbing to me?!!

[macromike] 10/9/2021 15:53

Crystal, I've spoken to several brokers this afternoon and though they've all got a slightly different approach (due perhaps to slightly different instruments) they each told me that I had to be holding the position at close of business today to be eligible for the rights, even though the 'record date' was on Wednesday. They said I would have new positions opened on Monday to reflect the new shares. I've acted on that basis.

[ttny2004] 10/9/2021 15:47

Macromike - if it was easy as that everyone would be multi millionaires.

[tergifts] 10/9/2021 15:39

crystal
according to the information I provided earlier today ,the ii information suggested todays close.

Stallone
I may be wrong so best check with broker but it suggested you could buy today but since you missed the registration date they are registered in the sellers name so need to be claimed for you by your broker so I guess the nil-paid wont be available to you on Monday but this is only what I have understood since yesterday

[crystal_balls] 10/9/2021 15:18

So I'm confused now - when is the last day to be holding to qualify for rights issue? Was it Wednesday 8th (the record date) or is it Mon 13th? My broker doesn't bloody know!

[stallone10] 10/9/2021 15:08

When is the last day to buy shares to take advantage of rights issue?

[qantas] 10/9/2021 13:52

EasyJet rights issue
Introduction to the Rights Issue
The Rights Issue price of 410 pence per New Share represents a discount of 35.8% to the theoretical ex‐rights price of 638 pence per Existing Share by reference to the closing price on 8 September 2021 (the last Business Day prior to the date of this announcement).

Example for you.

The Marks and Spencer rights issue was in may and has only just risen above it now.

The Rights Issue is an offer for Qualifying Shareholders to subscribe for 1 New Ordinary Share, at an issue price of 185 pence (the 'Rights Offer Price'), for every 5 Existing Ordinary Shares held as at the close of business on 22 May 2019, which was the Record Date.5 Jun 2019

Please do your own research as always

[qantas] 10/9/2021 13:45

Stelios must be feeling sick £19 down to £6.966

Please do your own research as always.

[macromike] 10/9/2021 12:55

well done tyga. The price is holding up incredibly well here, especially considering that this RI has been sprung on shareholders with no warning, no shareholder vote, and reportedly the largest shareholder is not supporting it. Maybe the drop on Monday won't be so bad after all.

[tygarreg] 10/9/2021 11:16

But record date for entitlements was Wednesday. So I reckon I'm entitled! I did the same with iag and glad I did.