Jet2 Share Discussion Threads

[snorkelparker] 17/11/2020 13:50

absolutely, had my normal holding replenished prior to this big move, but did sell some on Monday at 12.96 thinking could buy back on a dip.

I was hoping to load up on a more trading position but just set the buys to low..

Going to be an interesting Thursday.

[tongosti] 17/11/2020 13:39

Snorkel - I hope you're still in?I really look forward to the next company announcement. Glad I am in with stop now moved firmly above entry point.

[beachbum1978] 17/11/2020 11:05

100% agree. Only rise from here. Take the risk or lose the chance

[snorkelparker] 17/11/2020 10:59

Travel is going to explode when this passes .. demand is showing to be holding up in all travel company announcements .. TUI EZY SAGA..Jet2 will follow that up on Thursday

[cashandcard] 17/11/2020 10:53

EZJ Final results summary today:

------------------------------------------------------------------------>>

Summary

-- In the year ending 30 September 2020, through its disciplined and prudent approach, easyJet has:

o Focused on cash generative flying

o Successfully cut operating costs and capex in order to reduce cash burn

o Raised over GBP2.4 billion in liquidity

o Retained strong customer satisfaction scores

-- Due to the impact of COVID-19, passenger numbers for the year ending 30 September 2020 decreased by 50.0% to 48.1 million (2019: 96.1 million)

-- Capacity(1) decreased by 47.5%
-- Load factor only decreased by 4.3 percentage points to 87.2% due to a prudent approach to capacity

-- Total revenue decreased by 52.9% to GBP3,009 million (2019: GBP6,385 million). Total Airline revenue per seat(2) decreased by 10.6% to GBP54.35 (2019: GBP60.81). Airline revenue per seat at constant currency(3) for the year ending 30 September 2020 decreased by 10.3%, reflecting growth of 10.2% in H1 and contraction of 27.5% in H2

-- Headline Airline cost per seat excluding fuel at constant currency(3) increased by 30.2% to GBP56.33, mainly due to the volume impact of the H2 capacity decrease. Headline Airline cost per seat increased by 21.7% to GBP69.03 (2019: GBP56.74)

-- Largest cost-out programme launched in easyJet's history
-- 100% of CO(2) from fuel and operations were fully offset, as easyJet remains the only major airline to operate fully carbon neutral flying on all flights

-- Non-headline costs of GBP438 million (2019: GBP3 million positive). Total Airline cost per seat, including the impact of non-headline items was GBP77.01 (2019: GBP56.71)

-- Headline loss before tax of GBP835 million (2019: GBP427 million profit), within the guidance range of GBP815 to GBP845 million

-- Reported loss before tax of GBP1,273 million (2019: GBP430 million profit)
-- Headline ROCE for the year decreased to (19.9)% (2019: 11.4%)
-- Robust balance sheet strength, with total liquidity raised during COVID-19 of GBP3.1 billion, a net debt position of GBP1.1 billion (2019: net debt of GBP326 million) and investment grade credit ratings



"We know our customers want to fly with us and underlying demand is strong, as evidenced by the 900% increase in sales in the days following the lifting of quarantine for the Canary Islands in October. We responded with agility adding 180,000 seats within 24 hours to harness the demand.

------------------------------------------------------------------------->>;

Positive comments about underlying demand.


Cash

[snorkelparker] 17/11/2020 10:43

was just about to correct the post ..yep that's what I was thinking

[castleford tiger] 17/11/2020 10:35

This could translate to numbers for Jet2 of 200 plus next year and with rapid expansion 500k is not out the realms of possibility.

SNORKEL

are you talking about 200m profit next year starting 01/04 and then 500 year com 01.04\22

[snorkelparker] 17/11/2020 10:15

Just reading the statement from Tui's boss...key numbers first they are totally knackered will be 5 billion in debt, a recovery task that's going to take years and years to recover...All the while you can guarantee Jet2 are not going to give them an inch..
But Tui state bookings for 2021 summer VERY strong and 22 back to pre crisis levels..

This could translate to numbers for Jet2 of 200 plus next year and with rapid expansion 500k is not out the realms of possibility.

Name change and more exposure from the last year, positive press on refunds etc.. is going to increase the multiples for Jet2 .. we can all do the numbers

[tongosti] 17/11/2020 09:35

Almost 50points higher in space from my latest entry yesterday. £15 in sight with a retest of all time highs becoming a very real possibility (if) we go past that.As the wise man said - markets never bottom/peak on good/bad news. Actually, it is the other way around. Always!

[beachbum1978] 16/11/2020 23:24

Carnival(CCL)⬆;️

[suetballs] 16/11/2020 13:04

Bloody hell - got altitude sickness and a nosebleed.
No treatment required!
Suet

[tongosti] 16/11/2020 13:00

Great news from Moderna as well folks. The sector rotation I spoke about the other day is in full swing. All beaten down sectors are performing magnificently. C19 will be soon history gents!

[suetballs] 16/11/2020 12:58

More good vaccine news from Moderna.
Suet

[castleford tiger] 16/11/2020 12:24

Numbers this week .
Might have leaked?

[tongosti] 16/11/2020 12:05

As the doctor ordered - past £1300. £15 here we come!

[suetballs] 16/11/2020 11:44

Beachbum - nice to hear good news from the coalface.
Good luck with your travel business.
Suet

[beachbum1978] 16/11/2020 11:01

Travel industry been and past lowest ebb. Even more than 9/11. Only one way...
I also own a travel business so see the customer confidence and demand first hand.
2021 will be good
2022 will boom.

[tongosti] 16/11/2020 10:26

Def worth having another go - taking my own advice as per my other day post. IN

[tongosti] 16/11/2020 09:41

Nothing like price to change sentiment!

[beachbum1978] 16/11/2020 09:15

Just announced new Bristol base, now 10th base. I predict share price will reach around £16 by March/April but will remain stagnant till then up and down with day trade.
Summer 2021 bookings are good

[tongosti] 16/11/2020 08:34

Volumes a bit low for me to get back in at this moment but watching this baby as closely as I always do.

[castleford tiger] 16/11/2020 08:32

On fire this morning .
30 m in up 75p
Tiger

[donald t] 15/11/2020 18:46

Potentially more good vaccine news coming out this week from GSK & AZN. Should be interesting.

[investor73] 15/11/2020 17:41

articles.mercola.com
Psychiatrist Blows the Whistle on Pandemic Fearmongering
Analysis by Dr. Joseph Mercola

Story at-a-glance -

There’s an entire school of research within public health on how to frighten people, known as “fear appeal”
Fear appeal is based on the premise that to successfully implement a public health measure, you must first highlight a threat. And, to work, the threat must be made personal, so that people fear for their personal safety
Next, you give people something immediate to do that will set them on the path of cooperating with the plan in its entirety. Examples during the COVID-19 pandemic include not leaving your house, wearing a mask, staying 6 feet apart, closing certain businesses and keeping children home from school. In the future, we can expect to be told we must get vaccinated and digitally tracked before we can resume life as normal
By adding confusion to the mix, you can bring an individual from fear to anxiety — a state of confusion in which you can no longer think logically. In this state, you are more easily manipulated
Eventually, when the fear and anxiety are great enough, desperation sets in, at which point people are willing to do just about anything to get relief.

hxxps://articles.mercola.com/sites/articles/archive/2020/11/15/how-is-fear-appeal-used-in-public-health-messaging.aspx?ui=7ebff1ba310713f1247a18faa90989e8170481c7adb7c121df50526a7db9aa71&cid_source=dnl&cid_medium=email&cid_content=art1HL&cid=20201115Z2&mid=DM713369&rid=1011377949

[festario] 15/11/2020 17:17

In a similar vein, I like to find stocks with ludicrously low share prices, that are debt free and either cash generative, or on the way to it.Quite often, I sow my monetary seeds there, and it's a long process of waiting.Such a share was IQAI. Two weeks ago that paid off with a 200% rise, and I believe there is a long way to go.Another one is OCT. It is cash generative, even pays a 5% dividend, has growing revenues... and an embarrassing pile of cash of more than half its market cap. On a PE less than two.It will re-rate, it's inevitable... and I keep adding to my position there.