Jet2 Share Discussion Threads

[thisaintme] 07/6/2024 16:41

I know one thing about May's weather. Returning from our JET2 holiday in Tenerife, during the hours of darkness. It was a dam shock to the system :-O

Brrrr.

[besty46] 07/6/2024 16:25

Well Im in the North east of England and I can assure you its been warmer ror longer in previous Mays

[ahti777] 07/6/2024 16:13

Warm nights. So 24h averages were rather high. Daytime of course was ~normal or even colder than usual. But it's the average that counts

[scottish007] 07/6/2024 15:40

This ain’t me - Very informative.
Thanks for sharing your knowledge 👍

[thisaintme] 07/6/2024 10:44

On a differenct subject. In case anyone is wondering about how JET2 might be affected by the collapse of FTI and hasn't seen anything related..

JET2HOLIDAYS REASSURES CLIENTS OVER FTI HOTEL CONCERNS

Jet2 has moved to assure clients they will be unaffected by the insolvency of FTI Touristik and its associated hotel brands.

FTI is Europe’s third-biggest operator and began insolvency proceedings on 3 June. The operating giant owns 50 hotels in eight countries.

Its brands include Labranda Hotels & Resorts, Design Plus Hotels, Kairaba Hotels & Resorts, Lemon & Soul Hotels and the beach resort brand Club Sei.

The portfolio also includes seven Meeting Point managed properties in the Canary Islands and Turkey.

Jet2 told one concerned customer due to depart in under three weeks: “We can confirm your holiday is still scheduled to go ahead as planned. Should anything change, we will be sure to get in touch with you as soon as we can.”

Jet2, which features 10 Labranda properties in the Canaries among its FTI contract, told TTG all holidays would remain “unaffected221; by FTI’s situation.

Other operators have also been hit, with Tui and First Choice using Kairaba properties and Travel Republic featuring Club Sei.

Source: hxxps://www.ttgmedia.com/news/jet2holidays-reassures-clients-over-fti-hotel-concerns-46768

[thisaintme] 07/6/2024 10:29

There is always something happening behind the scenes when it comes to the markets :-)

Today is the first Friday of the month? Many will know precicely what that means? Non farm payrolls. Perhaps the most awaited data each month.

It usually means that the markets will be subdued (overall) this morning, as folks await the data release (1.30pm UK time). We have already seen various weak data emerge this last few days which have taken the markets lower.

Good or bad, macro always filters down.

[snorkelparker] 07/6/2024 09:10

TAM, Thanks a lot for taking the time to explain that, we learn something new every day.. so lots can happen behind the scenes..

[snorkelparker] 07/6/2024 08:40

where do they get their data from to compare year to year ..there is no way this May was the hottest on all records ..that's just complete BS

[thisaintme] 07/6/2024 08:38

Snorkel, it isn’t strange :)

ADVFN include trades from multiple sources. If for example you look at a company which is dual listed on both LSE and Aquis, you will see that trades from each are labelled accordingly (on the live stream).

JET2 isn’t listed on Aquis (AQSE) of course. But it is listed on Londons 'Turquoise' exchange. Given that advfn cover level 3 (Chi-X, Bats and Turquoise) multilateral trading facility (MTFs), we know the data is there. So it may well be included in the regular trades list (as with Aquis). It was flagged as ‘LSE’ at the time, which would also make sense.

If it was on Turquoise, by the very nature of the exchange, then it could be as simple as a transfer between banks, or something along those lines. Plus, there are two sides to the Turquoise exchange. The ‘lit’ side which is basically public. And then what is often termed as the ‘dark pool’. Where transactions are done away from the regular public order book. All sorts of jiggery pokery go on in dark pools?

That would also explain why the price shown (on here) for the trade, was outside the current bid/offer spread. Because the transaction was likely done when the share price was around that price and then reported later.

It’s also quite likely Turquoise like transactions (by the nature of the beast) don’t trigger requirements for any holdings RNS either?

Anyone who would like more info on Aquis and Turquoise can find them here..

[snorkelparker] 07/6/2024 08:31

Strange ..So just who has decent sized chunks of that size to sell off ...

[snorkelparker] 07/6/2024 08:29

T2T, but UK experienced an exceptional hot start to the year lol..hottest May on record ..well I was over for some of that, was dahm right chilly... Its almost laughable the stuff they spout in the name of CC

[thisaintme] 07/6/2024 06:11

Snorkel. I seen it on here, but I don't see it on LSE either.

It was trade number 200 if you look (6th June)

[trying2trade] 06/6/2024 21:41

Anyway, exceptionally cold weather for the time of year is coming. Hopefully it pushes some demand.

[trying2trade] 06/6/2024 18:15

A £6.5m trade by PM would have to go in an RNS I believe? And because of the weight of his holding almost every sale of his would have to reported. He isn't likely to be the seller, he's already shifted a bunch as stated a few months back.

[snorkelparker] 06/6/2024 17:25

If 500k went through at 1326 ..any reason they are not reflected in the trading volume and trade data on the LSE site ? only shoe 241k on book trades ..where can the 500k sale be found ..you where referring to 500,000 shares and not 500k gbp right ?

[thisaintme] 06/6/2024 14:30

Possibley. He is 77 after all.

[snorkelparker] 06/6/2024 14:22

Thanks for the information I thought that was the case..so who is the seller ? my money on PM

[thisaintme] 06/6/2024 14:12

Trades don't have to be reported straight away. You often seen 'late trades' being logged after market close (e.g after EOD UT).

FWIW. There was a 500,000 trade go through at midday today for £13.26. When the bid/offer was 1315/1319?

[snorkelparker] 06/6/2024 13:55

Seems very quiet ..is it possible for trades to be made but not settled till the close ? I.e won't see the volume or the trade till after hours trading..so if was disposing of a large number say several hundred thousand a day could those individual trades actually be hidden till the close?

[snorkelparker] 06/6/2024 09:36

yep i thought that was the case ..holdings only direct in individual shares ..so the only benefit of being on AIM is lower cost for compliance, stamp duty and inheritance tax benefits for holders over 2 years ..or am I missing something?

[diviincomesearch] 06/6/2024 08:59

Investors have to hold the shareholdings directly to benefit from BR on qualifying AIM holdings, not just have funds which contain AIM holdings.

Company looks very cheap, outflows on UK equity large cap and small cap funds will hopefully being easing off now. As we’ve seen some of the large cap sectors rerate, hopefully this will do soon too

[gripfit] 06/6/2024 08:52

Won’t stop falling

[mrscruff] 06/6/2024 07:44

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.