Jet2 Share Discussion Threads

[castleford tiger] 19/11/2020 07:32

Yes correct

[snorkelparker] 19/11/2020 07:14

I'm presume that the 300 mil from the gov is still undrawn ?

[scottish007] 18/11/2020 16:46

Snorkel - l think l’ll review my 300 by summer forecast 🥳

[donald t] 18/11/2020 16:32

TUI liking the news about the Max

[tongosti] 18/11/2020 16:26

£14 territory folks - not far off from my £15 target!

[tongosti] 18/11/2020 15:12

Sector rotation - the path of least resistance is up for beaten down sectors as a result of C19

[snorkelparker] 18/11/2020 15:08

Saga huge ..had earlier sell orders in ..but cancelled as looking like it's just heading up and up

[scottish007] 18/11/2020 14:50

Saga breeches 20% today

[beachbum1978] 18/11/2020 14:20

Yes Minky, but I’m talking ‘further’; read into that what you will 😉

Hays recently bought another chain of 23 High Street agents in the South West. A week later Jet2 announce new Bristol base as one example

[minky] 18/11/2020 14:13

Hayes already sells jet2

[tongosti] 18/11/2020 14:11

Amen to that - if true, Mr Market might be on to something after all then!

[beachbum1978] 18/11/2020 14:02

Rumour Jet2 will increase distribution even further on the Hight Street, through the Hays Travel retail estate previously Thomas Cook estate

[donald t] 18/11/2020 12:45

FAA clears 737 Max to fly

[castleford tiger] 18/11/2020 12:18

Brave short here tbf.

Lots of easy pickings out there
Had 16% in SNR yesterday and HAL a couple of in and outs.

I think Jet2 results are tomorrow and that will give me a better understanding of the losses and how much has been picked up by the Government.
80% contribution to salary will be a tidy sum and that's now till the end of their financial year.
To reach an all time high there is 20% upside left.
Is that enough or are you all suggesting the company can break new ground having reduced its fleet by 30% since the last peak and over a 20% reduction in max passenger numbers for 21/22.

The key concern for me is the hedge losses again on unused fuel.
There is a very large amount of debt off balance sheet now for the 737 fleet they bought.
A replacement for the 757 fleet is also needed in the next couple of years.

This was the plan in buying and leasing the 320 airbus.
All that was cancelled.
My guess is we lease as demand grows.
Tiger

[sponges] 18/11/2020 12:07

Pfizer has just announced an update to say their vaccine is actually 95% effective and important is that it is 94% effective in people over 65 etc _ bodes well

[scottish007] 18/11/2020 12:05

Can’t win them all tong.

[tongosti] 18/11/2020 11:11

Bailed out of Saga a bit better than flat and am kicking myself for doing so. That's life I hear you say. Happy for you and everyone else involved there though!

[beachbum1978] 18/11/2020 10:49

Hi Senn. Cook not back in the mix, they are just now an Online Travel Agent, and able to sell Jet2 as previously as there own Tour Operator they were not. Essentially it is just a brand name now, so you can take them out the game. Best of luck :-)

[senn1] 18/11/2020 09:33

Time for a wee short ??

Market share will be impacted going forward Easy and cook back in the mix will at some point have an effect

Before no Cook or Easy when the share price was this high

TUI still have the edge

Jet 2 still have a bit of a Benefits Britain Jogging bottoms following seen it many times bout time these lazy atses hot to work never mind hols paid for by the workers

[tongosti] 17/11/2020 15:05

Good to hear Snorkel. I cashed 2/3 of my position with the rest being a free roll.

[snorkelparker] 17/11/2020 14:39

Yep CT, your right there with regard to fundamentals now, but in 2 years could look very different. Jet2 just seems to have caught the eye of a number of punters and momentum is taking over.
Who is buying now i wonder ?

[castleford tiger] 17/11/2020 14:19

I think fundamentals are out of the window tbh.

As long as it rising chaps keep taking the brass

tiger