Jet2 Share Discussion Threads

[castleford tiger] 21/12/2020 17:36

Only to warn of impending disaster - prior to C19 striking due to sky high market expectations on DTG (at the time - with the share price then being at £19

What a laugh.

If it was sky high at £19.00 what is it now!! There are 20% more shares in issue and we sold FW.
So 15.75 now is equal to what you describe as sky high valuation.
However you think £17.00 is fair and possible.
The only thing now is the business is shrinking this year by at least 20% rather than forecast growth of 30%.

I have yet to see any institutions follow your path in gambling.

anyway Filter back on.

tiger

[castleford tiger] 21/12/2020 15:40

Post 822: good you admit you not reading properly. Goes without saying but they should have taught you at school that you should refrain from passing judgement unless you read an opposing view properly. Wish you better luck in the next decade chap when throwing your darts

Luckily we live in the UK and I can pass my judgement as a comment in this free world.

When the price was too low you argued strongly that I was wrong. Eventually you changed your position.
Now you argue the price may go to £17 and of course it might.

However its not an investment for me based on numbers.

We currently have no forward visibility at all with a new strain ( so they say) and bans popping up all over Europe.

JET2 have no control over the situation and as such that makes me nervous.

tiger

[tongosti] 21/12/2020 15:36

According to market action it doesn't seem to be the case. A massive red day in the wider markets but JET2 has had a very impressive day reversal in huge volumes. One day at a time of course but the current reading looks still positive on JET2. Good time indeed to be out and wait for the fog to clear a bit but so far the vote of the market is a thumbs up.

[jasper tinck] 21/12/2020 11:26

@Fest

Have a look a these:









Basically a big fat, arrogant, aggressive, over opinionated bloke (as you are) sat in his room 'stuffing his face' with high fat, calorific filth (which we all know you relish) and making money from it.





Perfect for you Fest, PERFECT .. come on show this fat fraud how it's done.

[tongosti] 21/12/2020 09:55

Post 822: good you admit you not reading properly. Goes without saying but they should have taught you at school that you should refrain from passing judgement unless you read an opposing view properly. Wish you better luck in the next decade chap when throwing your darts.

[investor73] 21/12/2020 09:38

It all depends on Brexit deal and Covid 19. If they are not sorted quickly, Jet2 is likely to fall a lot.

[tongosti] 21/12/2020 09:30

It is indeed remarkable. The market does not seem to care no matter what. I am happy to be out as I need further confirmation but today's action seems to indicate that the path of least resistance in the new year is still up not down.

[suetballs] 21/12/2020 09:01

What a show of resilience - amazing.
Suet

[snorkelparker] 21/12/2020 08:30

I hope its not as bad as that tiger ..but who knows...I'm looking for an re entry position ..but if anything effects summer then you maybe right on cash call ..

[castleford tiger] 21/12/2020 08:24

I stopped reading long ago when it was clear you are operating a style that’s not for me.
I don’t gamble on daily movements I invest .
Clearly sometimes I get it wrong.
However as long as my style suits I don’t care.
My opinion remains the same the shares are too high.
Expect another cash call this year.

Good luck and merry Christmas everyone
Tiger

[donald t] 20/12/2020 21:39

Interesting to see J2 is flying to The Canaries via The Ocean thus avoiding French and Spanish ATC fees, but adding 30 minutes of extra fuel burn. Unlike TUI and RYR.

[tongosti] 20/12/2020 19:16

Agreed gents - the latest is not good news at all. Ps. tiger - not sure you have ever read any of my posts correctly. There is a reason why my last long trade was covered on the day we failed to push above £15. I am open to all eventualities and as of now am happy to be out as I have not a lot of shortish term visibility. Me staying out is as clear as it can get ...

[bwm2] 20/12/2020 19:11

Cant go shooting in scotland either, it's getting hard to spend any money

[suetballs] 20/12/2020 17:48

I have just used the Omni queue vaccine calculator and aged 66 with no underlying health coditions my estimated earliest vaccine date will be 27/02/21 - this assumes a vaccination rate of 1m per week.
Bring it on.
Suet

[castleford tiger] 20/12/2020 17:43

a big loss bwm2

tiger

[bwm2] 20/12/2020 17:31

Ct cripes, there goes the st Moritz gourmet festival that I was looking forward to

[festario] 20/12/2020 17:18

I'm expecting that Spain, (including Las Canarias) will quickly stop all U.K. flights incoming. The new covid variant is making many EU countries make that urgent decision.I'd short this tomorrow, If I had the nerve.

[castleford tiger] 20/12/2020 16:16

We are currently looking at the possibility that summer 2021 might not happen.

Does anyone think the market has factored that in?

At a valuation close to an all time high there is a possible big slide but then again I never thought it would get so high so fast.
Its a totally fake valuation on any metric but as tong keeps telling us value has nothing to do with it.

16 flights today mainly to the Canaries. No idea about who can or will be flying or load factors.

tiger

[snorkelparker] 20/12/2020 15:57

but buying back in will not be for the faint hearted ..maybe even a short trade ?

[snorkelparker] 20/12/2020 15:48

yep 10 quid a possibility I think ...I still have 25 % of my position which I may just drop tomorrow ..but certainly nice to have cashed out from 13.50 to 15 quid on the rest ..what a mess..but I'm still confident jet2 will be left standing ..Tui not going to plug many holes with a rights issue ..I think this is going to react very differently from the price action after the 2nd Nov lock down..its confirmed the UK gov is nothing but headless...it can't go on economically there are much worse consequences on the line than trying to " control the virus "

[castleford tiger] 20/12/2020 15:40

Brits cannot travel to Switzerand after the 1st of January.
This is currently the only place open in the alps.

disaster

[suetballs] 20/12/2020 13:55

Yes snorkel - a horrible development with the new variant and tier 4 but we do have the vaccine which imo will temper things.
We could also have a no deal too - another potential big spanner!
Like you I recently sold out of Jet2 awaiting a lower price and now we are going to get it.
£10 is a nice round figure,
Suet

[snorkelparker] 20/12/2020 13:29

Going to be blood in the streets tomorrow, sit tight big buying opportunity coming at some point.