Jet2 Share Discussion Threads

[rivaldo] 08/4/2024 08:49

Nice start to the week - buying coming in at 1500p now.

[gripfit] 06/4/2024 20:07

I shall be buying on weakness

[gripfit] 06/4/2024 20:06

Bad weather is going to come into play Monday

[castleford tiger] 06/4/2024 09:22

Scaff is correct no.
What I like is the 20% of the fleet that’s on short term lease so any pull back can be sorted quickly.
Only 6 more new to come this year which is well below target run rate.
Leeds needs to retire some old stock but can’t as we are short of frames.
Still very busy

70 in the air right now.

[scaff55] 06/4/2024 07:49

No just Good contracted booking of Hotels,,

[cb7] 06/4/2024 07:34

CT - does jet2 own hotels?

[castleford tiger] 05/4/2024 18:31

had a trade at 14.63.

just a punt for a week or two

tiger

[trying2trade] 05/4/2024 17:37

Hoovering up easyJet pilots who have just rejected a new pay deal.

[angus mcoatup] 05/4/2024 17:18

I see Jet 2 are holding a recruitment event at London Gatwick. Gatwick base next?

[castleford tiger] 05/4/2024 10:24

8277
Jet 2 is a holiday company that has full vertical integration .
So they own the planes ( some are leased ) and operate the whole process.
Running a pure airline is very different

[havinthelasttoast] 05/4/2024 09:25

I know life isn’t fair :)

[the imperialist] 05/4/2024 09:05

I must admit, my investment decisions are based solely on information in the public domain.

You win.

[havinthelasttoast] 05/4/2024 09:02

Yep you would think that when you don’t have the data to know that forward bookings are flying :)

Come back as always when it soars another 30 percent, we all know you momentum traders love getting mug spiked.

I will need a few mugs to buy my shares off me. You are always around when I need you after a spike. I love you guys x

[the imperialist] 05/4/2024 08:23

My reservations are as follows:

0.9 divi (albeit covered 10x) is not going to attract the dividend investors.
Warren is not a fan.
"Buffett Doesn’t Regret Selling Airline Stocks Last Year — And He Still Doesn’t Want To Invest In Them" and he has a big following.
Technically we're heading into resistance and have negative weekly divergence.

Might take a looks later in the year when the summer numbers come in, but for now it's a watching-brief.





AIMHO...GLA

[angus mcoatup] 05/4/2024 08:18

I will never get divorced, because I will never marry. Why hand over half your wealth for some stupid piece of paper?

[bigbigdave] 05/4/2024 08:13

A day to be adding here.

[angus mcoatup] 05/4/2024 08:11

Who is getting divorced 737 driver? Not me, that is the quickest way to halve your portfolio.

[havinthelasttoast] 05/4/2024 08:08

Double fleet and double revenue and Ryanair P/E multiple gets you at least 4 bags which are historically low. I imagine they will do it over the next 10 years.

[73driver] 04/4/2024 23:39

Divorce is a nightmare. You could’ve been loaded by now.

[eigthwonder] 04/4/2024 22:41

Apologies if it didn't come across correctly - "being a bit slow" with the dividend wasn't a criticism but an observation born out of years of close knowledge of the company; it's a manifestation of the fact that it's a classic characteristic of a company run for the long term by a founder manager rather than short term financial jiggery pokery from whoever is lucky enough to have their snout in the C Suite trough. And long may that be the case. I'm not totally sure a market leader being a 5 bagger from here but i am totally sure that whatever strategic and operational decisions they make from here will be thought through and with an eye to limiting the risks.

[castleford tiger] 04/4/2024 20:41

I had 2.9% when they were under 30p
Work that out today ( if I still had them )
Fabulous company

[doombarman] 04/4/2024 20:11

Of course u have lol

[havinthelasttoast] 04/4/2024 19:15

Eight wonder, agree about they are being very cautious. Covid will do that to you.

Did you know they have 2b of own cash? (Cash after liabilities and customer deposits ) and the market cap is 3b

The reason is they have 128 planes ordered from 2028. They want to grow this into a monster without the leverage of the other carriers and therefore far safer. Short term pain for long term gain. On Ryanair multiple we are worth 5b not 3b

If you have a few quid you don’t need for 10 years this baby could 5 to 10 bag. In trading it and I have a long term portion. 400k worth total.

[willub] 04/4/2024 18:52

4 years ago mate