Jet2 Share Discussion Threads

[senn1] 06/10/2020 09:34

Virus is weaker no doubt snorkel.

But do the powers that be want that? now or just in time for Xmas.

You can't ignore the data for much longer

[ungulate] 06/10/2020 08:59

This Festario bloke is getting ripped to shreds on the VRS thread, sounds like he's a bit of a song.

[snorkelparker] 06/10/2020 08:27

with no change to the methods in insight..more cases = just double down lockdown and restrictions ..loads of infections but few deaths ..hmmm something is different from 6 months ago..maybe the penny will drop at some point .

[snorkelparker] 06/10/2020 08:25

sold out the sub 7 quid plays at 7.36 yesterday and 7.68 today..will buy on weakness.. I really struggle to see the 6 month numbers being anything but ugly reading..but would imagine they are managing their cash better than most ..so a survival of the fittest play is a possibility..all this is being caused not by a virus but the draconian measures being taken ..crazy

[tongosti] 06/10/2020 08:20

It's always an uncertain affair hence it's key to manage risk. I have a 4% risk here with SL set at 660Will see ...

[festario] 06/10/2020 08:12

Not for me.... not until I see a spike down.

[tongosti] 06/10/2020 08:12

I am not - I expected this when we tested 1000. Be interesting to see where things will go from here

[tongostl] 06/10/2020 08:06

Stupid time to go long, should have went long 3 weeks ago.

[tongostl] 06/10/2020 08:06

Just wait for the interims, they will be dire. A vaccine is not going to be available for another 12/18 months so unless CV19 miraculously disappears on its own accord soon, next summer will also be a wash out. Jet2 will need more cash at some point, its inevitable.

[tongosti] 06/10/2020 08:03

Long fellas

[our haven] 06/10/2020 07:58

Surely this recent strength has to be a survival of the fittest play.

[snorkelparker] 06/10/2020 07:46

now knocking on the door of 8 quid...

[scottish007] 05/10/2020 22:24

I’m amazed it’s managing to hover over 700.

[castleford tiger] 05/10/2020 22:18

The danger is lack of forward visibility?
Lots of people kicked the can down the road but only parts of Greece left for holidays. Half term will not happen and the wage bill will soon increase.
If it gets near to 800 p it should pull back. It’s not worth half it’s peak value . Is it??

[sf5] 05/10/2020 17:51

Prospects growing for airport testing

Saw a comment on Pistonheads the other day that now is the ideal time for someone to begin planning a new travel company - hordes of human and physical assets going for a song.

A;lso saw this morning Wizz (one of the less encumbered operators) Sept figures are down 60% year on year (capacity down 40% compounded with load factor down 30%).

[senn1] 05/10/2020 14:02

Fosun have allready done a deal with TUI on flights for Cook wake up dude

[our haven] 05/10/2020 13:51

Csmwssk, no idea how you have come to this conclusion of a takeover and what do you mean relating to Jet2 running profitability?

[our haven] 05/10/2020 13:43

Had I invested in a absolute return credit fund I would not have expected this kind of short.

[snorkelparker] 05/10/2020 11:10

agreed Tong..be interesting how that position pans out ..

[snorkelparker] 05/10/2020 08:44

anyway..I don' t have a crystal ball..but looks like the position was taken on the 30th which would suggest around the levels of 640..maybe..so it's not looking great of the bat ..approx 700k down already

[snorkelparker] 05/10/2020 08:42

just wonder what they know we dont..I'm not so sure..this virus is not getting worse so not sure summer 21 is a wash out..that's a big call .

[tongostl] 05/10/2020 08:31

Not a bad shout imo. The company will likely be looking for cash by April and its also looking more and more likely that summer 21 will be another huge loss making period. In total that would be 5 loss making holiday periods in a row. Winter 19,summer 20, winter 20, summer 21 and winter 21 all loss making. Jet2 WILL need more cash at somepoint, the current £1.3B mrkt cap is not justifiable.