Jet2 Share Discussion Threads

[mrscruff] 06/6/2024 06:44

Funds and Trusts don't pay any tax other than on the managers fees and dividends...unless you mean stamp duty? I suppose no stamp duty is attractive not to pay on a massive sum even if it is only half a percent.

I think the shares are slowly been sold down to a level where a buyer will take the remaining stake and then JET2 share price jump up. Currently valuations are completely annomolious! If you hold the risk is extremely low though you may see more losses that are temporary but the upside is extremely high. No better risk reward for buy and hold style imho.

I suppose this explains manipulation like behaviour. I have been through this before with both ALPH and AXL most recently. In an efficient market these are punished because the market does now when a buyer is found. I will continue to sell ALPH slowly and buy Jet2.

[snorkelparker] 05/6/2024 14:32

CT so the UK has AIM funds that can be brought to avoid Inheritance tax ? sounds complicated to me..A lot of funds holding Jet 2 hold non AIM positions as well

[trying2trade] 05/6/2024 14:21

Valid points tiger, but does it outweigh the benefit of listing on the main market? Guesswork I know.

[castleford tiger] 05/6/2024 14:05

HOW about all the funds that hold JET 2 because it can be passed down tax free?

[snorkelparker] 05/6/2024 13:08

Absolutely agree, I'm only just thinking about the possibilities..

[trying2trade] 05/6/2024 12:58

I'm certainly not suggesting he's ill. I wish the bloke a long and fruitful retirement, he can hang around for decades and his family would benefit when the time comes significantly. Surely though that has to be voted upon at some stage?

[snorkelparker] 05/6/2024 12:55

Approx 20 percent of jet2 260 plus mill is currently outside the hands of the IR.. if health concern existed and PM is 76 also has already stepped away from the busines helm. I can't see any move away from AIM.. but if circumstances change I would bet big that a main board listing awaits.

[snorkelparker] 05/6/2024 12:30

T2T I think that's the case with the only logical reason is inheritance tax which whilst i really hope is not the reason, might mean there are health concerns.

[trying2trade] 05/6/2024 11:44

Feel free to correct me if I'm wrong, but are we are at a stage where Jet2 is on aim for the tax benefits of one individual?

[snorkelparker] 05/6/2024 11:11

Tui flying Jet2 down in the dogs ..just how much is AIM holding this back

[snorkelparker] 05/6/2024 08:34

CT, thanks for clarifying that, so no time limit for the 1% point up or down..just when it's crosses?

[castleford tiger] 05/6/2024 08:12

Snorkel

yes at every full % point up or down.

Below 3% there is no such requirement.

88 flights currently in the air.

tiger

[mrscruff] 05/6/2024 07:01

The chart looks to be forming a bottom and I am bullish and aligned on you all on the bull case. The reason this has dropped I strongly have to agree to disagree.

[snorkelparker] 05/6/2024 03:22

Tiger, does a substantial shareholder have to declare any sale or purchase? no matter what the %

[castleford tiger] 04/6/2024 21:10

Mr Scruff
PM cannot unload many without informing the market. Just 3/4 of 1% and he has to declare
I think the market has read this wrong.
Jet 2 were always glass half empty with trading updates.
Just keep buying like me.
I dare not tell you how many I now have

[scaff55] 04/6/2024 19:22

Ignore the manipulation narrative, its not true. LOL...volume up today, incrowd buying back in on a Manipulated down day ( just cover ) but now a guarantee up day tomorrow , watch it work.

[mrscruff] 04/6/2024 17:11

Ignore the manipulation narrative, its not true. As for the bounce prediction that will likely be incorrect too. We all know Philip Meeson if offloading some/most/all of 17.73% stake as of April RNS and we are picking these up from him cheap. When the selling is done and its been going on for a while then we will bounce. I have no idea if this is the bottom, I hope so, but this is a great opportunity and there will be big players negotiating for his stock.

Out of interest, I presume Jet2 are not buying back stock because of Philip selling?

[besty46] 04/6/2024 13:26

Similar to what they did to Wizz before results .
Hopefully a substantial bounce july 11th

[hardm] 04/6/2024 10:26

The share price drop recently is ridiculous and is clearly being manipulated.

The recent trading update statements didn't help and were predictably down-beat even though the results were good...who writes these formal updates! Clearly not the same person that writes the regular website updates...they are always very upbeat.

How can the share price fall today when oil prices are falling. It's manipulation and auto-trading linked to FTSE performance in my opinion, but Easyjet and other airlines seem to have broken free from it.

This has to turn-around soon and fly back to £17 at least. To put this into perspective, incredibly, the share price reached £15+ during the pandemic, so how the hell is it lower now when the business is busier and bigger than ever before.

Crazy!!!

[snorkelparker] 04/6/2024 08:16

Still doesn't make TUI a healthy investable company in my book. I felt they are close to the wire as well.

[snorkelparker] 04/6/2024 08:00

Tui up again...that's over 10 percent in 2 days .

[investor73] 04/6/2024 07:50

Munich, 3 June 2024 – FTI Touristik GmbH, the parent company of the FTI GROUP as the third largest tour operator in Europe, will file an application for the opening of insolvency proceedings at the Munich Local Court on Monday, 3 June 2024. Initially, only the tour operator brand FTI Touristik is directly affected by this. Subsequently, however, corresponding applications will also be filed for other Group companies. Windrose Finest Travel GmbH with the luxury brand WINDROSE will continue its business.

[snorkelparker] 04/6/2024 07:43

Patience needed as always with this stock..the faithful will be rewarded.. sold my trading stock a minute ago.

Love the deposits rising or held rates will harm the likes of TUI as there customer deposits of set debt and imbalance in their AP and AR .. Jet2 just gets it straight to the bottom line..or provides better collateral for getting prime hotels etc having cash is a wonderful thing

[investor73] 04/6/2024 07:39

hxxps://www.fti-group.com/en/press/fti-group-press-releases-and-information/detail/news/companies-of-the-fti-group-file-for-insolvency

Companies of the FTI GROUP file for insolvency.