Jet2 Share Discussion Threads

[senn1] 15/10/2020 07:32

Shut down until 21 Jan Feb

Inevitable and the sensible thing to do this biting and boning is no use to anyone give it a few months set a firm date.

[spob] 15/10/2020 06:56

Unsymptomatic patients can still both have the virus and pass it on without even knowing they have it. Which means they can KILL people in high risk groups.

might have something to do with it

BWTFDIK

[minky] 14/10/2020 19:05

Yes Tiger, I have already complained to my MP and Grant Shapps. I do not see the justification for making people quarantine on return from a holiday of up to 2 weeks unless the passenger is symptomatic. In which case the pax should be in quarantine before flying home. the numbers of infections in the destination have to be low before an air corrider is agreed. The numbers do not increase dramatically in a 7-14 period unless there is something seriously amiss.

Parts of Spain have high levels but others are significantly less. Perhaps the Government is privvy to informaation which enquirers cannot find.

[investor73] 14/10/2020 18:31

Jet2 extends Spain, Turkey and Malta cancellations. Majorca, Bodrum, Dalaman and Izmir affected, while all Christmas market trips pulled

[castleford tiger] 14/10/2020 16:21

Minky

The problem could be like Switzerland the countries enforce quarantine when arriving............that rules out 7/14 day holidays.

It is a shambles but not one Jet2 are in control of.
Portugal Algarve has never exceeded 20 per 100,000

[minky] 14/10/2020 14:46

Once they open some air corridors which can deliver realistic load factors the agents will soon get behind Jet2. There is a theory that the government dragged its' feet to force people to stay at home. There is not much doubt that regional corridors could have been in place earlier. Even now the costas have much lower levels than the North.

[tongosti] 14/10/2020 14:21

Ah dear ...JET2 holding up well today. The key is the US markets' lead. Once we get up and running there then we should be off to races on this side of the pond as well. Between now and then it's a waiting game.

[castleford tiger] 14/10/2020 12:09

It sounds like the market knew CV19 WAS COMING WHICH CLEARLY IT DID NOT.

This failure in Jet2 was nothing to do with the company and had Covid not struck I am pretty sure the £25 target would have been hit.

That's enough looking back.
Lets look forward AS BEST WE CAN.

We will have some figures in November which will show the extent of the damage in the Summer.
The Winter market..........nobody knows what will happen yet ..........is a weak time for JET2.
Staff costs as the schemes end are going to kick in but again we cannot be sure the effect.

The numbers for next summer show a slight reduction on 19 and 25% below what 20 what supposed to be.
I have no doubt that holders/buyers now will do very well in a 5 year period but the road may be lumpy.
Some of the biggest gains will come when we get some clarity.........however taken over a longer period it will still do ok.

I cannot see any reason to invest in something that you cannot value at the moment.
Prior years my bullish comment's were because the market was always behind the curve and the growth of jet 2.
I believe that is still the case but in the opposite way.
It was missed because it had little coverage but that changed once TCG went bust.
TUI is too big and has the support of the Germans to remain in business. However it will be damaged..........badly.
Of course trading the daily movement in jet2 is just gambling on market sentiment and outside factors..........it has nothing to do with the long term business.
17 flights in the air today.
Tiger

[tongosti] 14/10/2020 11:12

Snorkel - that’s right. The market is acting in a very telling way.

I was bearish when the time was right to do so but then turned bullish when the market told me to.

Like you say, barring a systemic failure JET2 is likely going up not down. Markets discounted - what some post on here daily - these things way back in Feb and March 2020 (ie the market clearly did not know the specific newsflow that is coming in right now but he did a pretty good job in discounting the near term future by putting all expected newslow in the shyte category - that's how markets work)

Good luck.

[tongosti] 14/10/2020 09:44

ScottishAgreed on that he has his uses, as per my previous post. I am not bitter at all pal - just amused at his entertaining pontification on what is right and what is wrong. Especially that coming from him and his frequently putting his foot wrong with this company. Anyways, am done with him so each to their own and time to move on. re your point about me giving markets too much credit - starting from the premise that they have a far higher chance than any of us to be right:- Implicitly helps recognise the scale of the challenge, as a first step. This is the most competitive game I am aware of and being aware of the fierce competition we face, makes one approach the game with humility + makes one think really hard re risk management. Very beneficial on both grounds. - As the saying goes, 60 million Frenchmen can't be wrong. Recently, we've seen the benefits of it all when markets were acting "strange" from those lofty £20 highs all the way down to the 5hitter, earlier in the year. By the time most realised the markets had been right all along, every single arrogant rookie (who typically thinks he/she is smarter than the market) lost their shirts. At the end of it all, one makes money only if the market agrees with him/her. Def not the other way around. As JL used to say - markets are never wrong, opinions are. Cheers and good luck.

[senn1] 14/10/2020 06:07

Tintong

Wow your the man wow

All these years of investing and still find time to spout your shytte on here

yep you have made your zillions.

Boards just a bit of fun you can see all the billionaire here posting Odey Buffett ECT lololololol.

[tongosti] 14/10/2020 04:39

Scottish - most reasonable posters are v cautious on all stocks especially airliners these days. I should know this as, by design, I make sure I hardly lose (after years of learning painful lessons) more than 2% to 3% on any individual trade irrespective of underlying market regimes.

However, listening to what the market is telling us does not mean one needs to throw caution to the wind (last time a few on here did, they screwed up monumentally - the complete lack of risk management and HALF knowledge of the game masquerading under the guise of “conviction221; proved to be the ultimate reckless gamble).

Our pal was not cautious all the way down from £20 and was adding like a drunken sailor as disaster stroke only for him to throw in the towel 70%-80% lower and lose the lot. Good investing is buy low and sell high. Yet this entertainer does the exact opposite and somehow fancies himself as an "investor". Only on these boards people are proud to parade their disastrous P&L / half knowledge / refusal to learn from own mistakes. I find it amusing when these very characters go a step further and prefer to pass judgement on the market as being as sane or insane (depending on whether the market is giving them any money or not - go figure who the sane party is here). Blaming someone else for one's mistakes (in this case the market is always a useful scapegoat) is what the average guy down the street is always v good at.

As of this moment, Mr Market is telling us that doom and gloom has been in the price for months (fact of the matter is that doomsters are 6 months late to the party). Key to it all: markets discount the future with the “present“; being old news. Very challenging concept for a lot of people to come to grips with. Only those who really, really understand this key property of how markets work are the ones giving themselves half a chance in what is the most competitive game in the world.


P.S. Certain posters do have their uses though: they do act as good contrarian indicators around key market inflection points. Their euphoric state at £20 and gloomy one at £2 have been a good gauge for recognising what avg Joe is doing with the view to then do the exact opposite. As per my long history on this board, that's precisely what I personally prefer to do.

[scottish007] 13/10/2020 22:44

Saddens me to say it but you’re right to be cautious CT

[castleford tiger] 13/10/2020 21:54

How can knowledge about a company be a bad thing?
I don’t expect everyone to agree but whilst there maybe a few quid gambling on Jet2 it’s not an investment at the moment.
That’s my view.
Night

[scottish007] 13/10/2020 14:52

I’ve done well out of Dart.
However
1. The share price is currently above the price when Thomas Cook fell.
2. The shares have been diluted since then.
3. Assets have been sold.
4. Winter looks as good as a shutdown.

Longterm l will be back in but l will buy at <700.
Not a good time to buy Jet2 but a good time will come.
Remains a solid well run company but any increase ‘just now‘ is as Senn said a trap.

[tongosti] 13/10/2020 13:48

Fest - you're relatively young on this board so I see where you come from.

CT has only that: knowledge about the company. In isolation of how markets work. Sure - i give him that.

Has he been good enough to to make money though - his track record is crystal clear on the verdict.

Knowledge for knowledge's sake is not the name of the game - making a few copper coins is.

Been engaging with Ct for years and he just does not understand how the market works.

This game is black and white - there are only two groups of people: those who get it right and the rest who don't. Everything else is entertaining conversation.

Cheers pal.

[festario] 13/10/2020 13:34

A bit harsh Tongosti.CT has a lot of knowledge about the company, and shares it on here.His views about where Jet2 is heading in 2021 is more in line with mine.I'm struggling to see an upward trend continuing, because I don't see any positive news in the pipeline.For that reason, I'm awaiting profit warnings from the likes of FRAS, MKS and others, to trade the inevitable down spikes.

[tongosti] 13/10/2020 13:31

Tiger

Last you hear from me as your emotions have got the better out of you.

You are so bitter as you lost the lot on DTG (whatever you made between 08 and 2013 you lost it in spades over the next 7 years, and then some - you are indeed a victim of the EMT you claim to outsmart, for some strange reason) and now keep posting doom and gloom on a daily basis as the train left without you.

You got it wrong at £20 and again got it wrong at £5. Of course according to you it is the market that is acting strange not you :):) . That's some investing eh? Cold hard fact - market's acting strange are every loser’s excuse in this fascinating game. Always has always will.

What you cite as facts were anticipated 6months ago here (from me first on this board back in late Feb). Back then you were calling my posts as nonsense (instead, you were advising widows and orphans to isa the lot at £18 mind you - crystal clear who is who here).

Me the "gambler" have a+78% ytd and +133% (all cash in bank mind you) last year to show with Jet2. What do you have (60% of your account invested in Jet2 on the the way to £20 only to buy more from £20 to £10 - all your words on this board) ...I rest my case!

You talk a good game but have zilch to show for it - if there are two words that would describe you that would be a sore loser. A reasonable individual would suck it up and move on. Instead you pick on the one poster who has continuously called all major turns in Jet2 for years. Sorry pal - sore loser in capital letters.

Have tried hard to have a reasonable engagement with you over the years and today I have indeed given up hope. You are the well articulated version of the proverbial Average Joe.

Good luck with your "investing" - hopefully this decade will be more generous with you than the last.

FILTERED

[castleford tiger] 13/10/2020 12:30

Tong

Its not doom and gloom its facts that are being shared.

Winter 20/21 is now looking a total write off.
It would not surprise me to see Jet 2 close down month by month.

Its cheaper than this carry on.

You can gamble all you like on day trades but its gambling not investing.

best
tiger

[this_is_me] 13/10/2020 12:25

Castleford off topic, BILL news out.

[senn1] 13/10/2020 12:16

Bull trap here and on Markets imho.

Something smells with this whole virus malarkey. lockdown to opening up telling folk to do the complete opposite of what they have been told to do stay in ECT to go out and mix again.

Pubs to be patrolled lol never happened did it now after 3 months of mixing back to square 1 almost orchestrated one would say???