Jet2 Share Discussion Threads

[castleford tiger] 23/7/2024 13:55

13.38 for a further 5000 share bought

tiger

[npp62] 23/7/2024 13:47

You'll be missing out on the bigger price. I'm adding on any more weakness. Significantly best company in the sector....bar none.

[gripfit] 23/7/2024 13:12

Phew…. Glad I sold @ 13.93

[diviincomesearch] 23/7/2024 08:50

Couldn’t agree more CT.

I’d also argue that these holiday packages are much less cyclical than they used to be. People falling back on ‘staycations’ instead of going abroad just isn’t the case anymore as the cost for a U.K. stay is so much more expensive nowadays.

A week away abroad each year, rightly or wrongly is now considered more of an essential spend.

[snorkelparker] 23/7/2024 08:46

Yep CT, i thought that too..should have given revised guidance that a material drop to profits was coming...poor show from Ryan

[snorkelparker] 23/7/2024 08:16

Yep CT, i thought that too..should have given revised guidance that a material drop to profits was coming...poor show from Ryan

[castleford tiger] 23/7/2024 08:07

TRYING

But we offer a totally different product with 75% on each aircraft booking a holiday.

We offer better times and a superior product even on flight only.

We never leave people stuck and we hardly ever cancel flights.

People will pay for that.

We had EPS close to 200p and i expect 200p this year giving a forward p/e of 7.

Big cash pile thats growing and a more efficient fleet being built.

The only thing of note is that they all agree there is pricing pressure in this market.

Is it not normal for a company to advise the market IN ADVANCE IF THEY WILL MISS A TARGET by more than 10% ?

Tiger

[trying2trade] 22/7/2024 19:44

Ryanair is a beast tbf. They could tomorrow put 5 aircraft at Bournemouth, run at a loss and clear Jet2 and TUI out of the place. It'd hardly touch their bottom line. There's not many places Jet2 could do that to ryanair. They're a force and a O'Leary isn't a bear to prod

[mrscruff] 22/7/2024 16:44

FTSE250 is not an efficient market especially if there is a huge seller or buyer needing cleaning. Here lies the opertuniy weighted against other stocks going up. L

[legg96] 22/7/2024 16:10

Ryanair materially misses guidance. Jet2 beats guidance. Ryanair on a materially higher P/E than Jet2 ??

[scaff55] 22/7/2024 14:54

Glad about EZY update,, Something stinks about this one.

[trying2trade] 22/7/2024 14:43

Lets see what EZY say on Wednesday.

[scaff55] 22/7/2024 14:29

Shocking takedown of share price after really Good results only a couple of weeks ago , some will be making plenty from it ,

[scaff55] 22/7/2024 10:14

Not the first time O'Leary statement has taken down competitors share price ,

[pemcap] 22/7/2024 10:02

can anyone square the "advance sales" stat being up 26% (31st march) while seats this summer +12, pricing "mid single digits", load factor a bit softer, mix shift towards flight only? If anything, one would expect +10%. What goes into this number exactly? Do customer deposit behaviour go into this or is 100% of a sale always booked into this number? Another explanation could be advance winter bookings, but seems unlikely

[castleford tiger] 22/7/2024 10:01

Bought another chunk this morning and by luck hit the bottom .1362 ( but that can change )
Jet 2 is a holiday company with its own airline not a flight based airline.
Massive difference.

Happy to add

[gripfit] 22/7/2024 08:39

Deja vu…. £12 imho

[hardm] 22/7/2024 08:26

Exactly. Seems like this is yet another opportunity for certain less scrupulous investors to force the Jet2 share price down in order to make more money, or simply an over-reaction to external events and a misread of the true position of the respective companies.

[cb7] 22/7/2024 08:10

On 11/7 jet2 said that summer 2024 pricing is showing a modest increase for both flight only and package holidays.

[hardm] 22/7/2024 08:04

So annoying. The Jet2 results were very good last week and clearly the market thought so too. The fact that a competitor is struggling (or at least not doing as well) is a good thing for Jet2. Sentiment and opinion seems to change with the wind with airline stocks and on here too. Seriously, Jet2 is in a great position and is clearly getting repeat business due to customer service levels when Ryanair isn't.

[scaff55] 22/7/2024 07:59

Ryanair results matter more to jet2 share price than jet2 results matter , Nothing more than a Con,

[darrin1471] 22/7/2024 07:32

It's interesting to plot Ryan vs JET2 share price YTD, 1yr and 5 yr.
Also adding in EZJ