Jet2 Share Discussion Threads

[festario] 22/10/2020 17:34

Yep... it looks like my holiday is going ahead.... whether I want to go or not!

[scottish007] 22/10/2020 17:27

Canaries sure is massive Tiger.
Massive for cruise industry too.
I’m back in on SAGA.
Massive upturn afoot.

[castleford tiger] 22/10/2020 17:17

the canaries is MASSIVE for Jet2.

tiger

[castleford tiger] 22/10/2020 17:10

IAG down from 700 to 100.

Cannot argue with the price action here its going up.

Great news for long term holders but I still feel a correction is due.
I will wait for numbers

Tiger

[our haven] 22/10/2020 16:47

Just opened the Canaries so looks likely.

[tongosti] 22/10/2020 15:46

Happy hearing you've been smashing it pal. On JET2, like you say it's gravity defying and that's precisely why I love it at the moment. Like the old wise man said - money is always made on discounting the obvious and betting on the unexpected.

[festario] 22/10/2020 15:29

I've been having fun trading NCYT.I realise full well that if I'd just left my shares there alone, I'd have more now than I actually do.But, I can't help looking back in here for 2 reasons.Firstly, it's defying gravity.... secondly, I'm wondering if my Canaries flight on 2nd November is actually going ahead?

[tongosti] 22/10/2020 15:24

Released some cash elsewhere so that I could get back in here. Smaller position than usual by own standards but don't want the JET2 train leaving without me.

[tongosti] 22/10/2020 12:14

The biggest myth around is that markets can be rationalised - Paul Tudor JonesMarket is voting pal and that is up.

[tongosti] 22/10/2020 12:13

If we successfully cross 1030 then 1300 will be the next path of least resistance.

[scottish007] 22/10/2020 12:12

Don’t get it at all.
Can’t buy in either as price simply doesn’t reflect reality.

[our haven] 22/10/2020 10:39

Good point but still not a certainty that they will.

[tongosti] 22/10/2020 10:37

Nice one JET2 - onwards and upwards.

[castleford tiger] 22/10/2020 09:48

well for sure if FB comes back its doomed before it starts

[our haven] 22/10/2020 09:41

CTMost of the Flybe daily flights from London were for business. Jet2 has clearly gone for the holiday trade which is understandable but the business flights are all year round.Given the current uncertainty I thought they may have been tempted to go for this market.

[minky] 22/10/2020 09:17

TCG vertical integration - failed
Tui vetical integration - must be causing them a lot of damage at the moment.
Cost of running shops can be expensive especially under current circumstances.

[castleford tiger] 22/10/2020 08:21

Senn

yes I saw that. Picked up flybe work.

Snorkel

I agree they will be last man standing.I also think we will get back to 16.00.

Not sure if you can scale up and above the ABTA figure however that's agreed well in advance. ( something to do with compensation/insurance ).

Hearing the biggest issue might be lack of support/facilities on the other side.
JET2 need to run the vertically integrated model if possible but cannot at the moment
tiger

[tongosti] 22/10/2020 08:18

What the hell do you know pal - aren't you the one who said that you only play cash equity space only but somehow (?!?!) go short as well? Still haven't heard back from you on how you do that Einstein :):):):)

[senn1] 22/10/2020 07:43

Tiger

I see J2 flying to Jersey from all basis in 21.

Not sure you will full an 800 daily though??

[minky] 22/10/2020 07:21

I went to the Costas in July and felt safer than at home. Masks required in streets,unless exercising. Fewer people on beach, plenty of space.

Emigna, Jet2 one of the best for operating refunds properly and no problem getting mine back booked through agent.

[emigna2002] 22/10/2020 07:11

I got my cancelled holiday money back from them, took many months, they must be suffering with their cash flow?

[our haven] 22/10/2020 06:58

The trouble is likely to Impact the sector

[cashandcard] 22/10/2020 06:40

Trouble at IAG

[snorkelparker] 22/10/2020 06:15

Hiya CT,

Yep agreed, but do think Jet2 can scale up quickly if it does go mad.

Its a real tough call, not a day goes by without thinking about the situation as still have a reasonable size holding..

I decided a while back to try and tough it out and have faith that in a few months things will be more hopeful. Who is going to be left to provide Brits with holidays ? Maybe will provide a good environment for new online agents to pop up with low cost of entry. But they will need plane seats and in resort infrastructure and the few left will be in the driving seat.

Fingers crossed.. be good to see you back in at some point.. 3 years from now 1f 16 quid is hit I would be happy..

PS thanks for the MPAC tip chugging along nicely


Snk

[castleford tiger] 21/10/2020 11:23

snorkel

I would agree but remember the numbers quoted for summer 21 are down 25%.

That's maximum capacity.

I do think that it could be quite profitable as demand could outstrip supply.
Jet2 are quite flexible but the ABTA no is set in stone.

I agree no flying is a better way to conserve cash.

Still say it will be 2022 summer before we achieve turnover of last year and the company will have a 500m ( estimate) hole in its balance sheet.

The shares are half their all time high which is too much risk/reward for me.

I think it will be 2023 before we see the price at the all time high of 16.00 ( adjusted for rights issue)

tiger