Ryanair Share Discussion Threads

[spob] 04/11/2008 00:37

Investor relations -




e2.83







Ryanair Holdings Plc XE:RY4C Xetra (Deutsche Boerse) IE00BYTBXV33













As of 3 Nov 08 - Interims

Mcap e4208


Price e2.83
Nos 1487.3m shares

SF e6181m
Intang e46.8m


Book 6135m


Current debt 319m
Long debt 1881m
Cash 2062m

Net Debt 138m




1 year






5 year






* Ryanair delisted from the London Stock Exchange on 20 Dec 2021

All LSE shareholders were forced to sell their holdings, supposedly because these shareholders are no longer within the European union. Very strange given that Ryanair shareholders in America are also outside of Europe :)

Obviously this can still be traded very easily using spreadbets on IG Index for example.

[weemonkey] 03/11/2008 10:23

seem to have lost some £32 million from the hedge fund reserve according to todays results.

and clearly as things stand they are going to lose more.

very dagerous game hedging

obviously this piece of dubious news has not been trumpeted.

the city (which is not too bright) does not seem to care though (NB so far!!!)

[lbo] 03/11/2008 09:38

Before the last set of results, the Irish airline was hammered for not having sufficient fuel hedging in place; in the most recent quarter it finally succumbed and hedged September's fuel and 80% of the third quarter at prices of between $124 and $129 a barrel.

The problem is, it hedged in July, when oil prices were over $140 a barrel. They have since collapsed to just above $60 a barrel. This means O'Leary will be making his way through the third quarter paying for oil at $124 a barrel.

[lbo] 03/11/2008 09:33

How O'Leary blew Ryanair's millions

[djderry] 28/10/2008 20:18

With oil under $70 a barrel Ryanair is looking at 500 million euro profits in 2009/2010,according to one of my broker's reports.Should be on some of the newswires.

[weemonkey] 26/10/2008 17:33

they made a huge muck up on their hedge though which will have hurt results.

how were they to know? global market turmoil has created carnage in just about every market known to man.

still it will have hurt profits very badly one would imagine.

from last results " We have taken advantage of the recent weakness in oil prices and are now hedged 90% for September at $129 per barrel, 80% for Q3 at $124"

[keelingr] 22/10/2008 17:00

Nymex Crude @ $68 - surely some hedging going on now

[lbo] 22/10/2008 12:42

Aer Arann wants to cut 100 jobs

[lbo] 20/10/2008 21:19

Michael O'Leary, the Ryanair boss who had hailed the onset of the recession because it would put his competitors out of business, might not be so happy now: he lost €200m.

[weemonkey] 17/10/2008 10:24

are not this mob the wrong side of their oil hedge ?

I could be wrong - can someone let me know

[lbo] 14/10/2008 21:29

Irish air travel tax a blow to tourism - industry

[mickconn11] 13/10/2008 21:07

blimey and blimey... we are going to run out of trees for all this money we're starting to print.

DOW up 900 and a bit more tonight...

[mickconn11] 09/10/2008 21:24

...the thing is... over the next few months...and it's rolling now...we are going to see massive defaults on credit card payments....money or cash if you like is just paper...assets and especially heavy assets will become liabilities and in time grass will grow over them...

Good luck.

[djderry] 08/10/2008 22:58

Let the markets go to hell! Meanwhile,November Brent crude slips to $81 a barrel.

[mickconn11] 02/10/2008 23:04

Big technical rejection today at 250... I think the high was 247.

Where next...

In the meantime the folk of the Good Peoples Republic of Connemara have been instructed to stop that 'Poteen Game ' for a few weeks and start printing bits of paper with the King of Brussels head on it.

Good luck.

[mickconn11] 01/10/2008 22:36

...I'm nearly finished... but in the cold light of day tomorrow people might question why General Electric (GE) are prepared to pay Warren Buffett 10% interest on ...basically a loan. This is a company who for the past 100 years (yeah one hundred years) could borrow money at Government rates...

....the good folk of Missisippi in their trailers with not a great deal (apart from a fishing rod and a Billy Gun) must be laughing now...

I'm finished..

[mickconn11] 30/9/2008 00:22

...the bigger picture...

some idiot yankee on Bloomberg TV just said... ''well people don't really understand how banks work''

Gawd help us.....he was a big fat overfed turkey with a double chin...like alot of the clever Wall Street folk...that Bloomberg likes to put on TV..

[mickconn11] 23/9/2008 20:14

In more trouble in my view and time will tell.

I'll try and post more details in the next few days but I do like your analysis in the post above.

I reckon the City and Wall St. know this but they've still got their blinkers on.


Cheers.

[bergster56] 23/9/2008 11:40

Hi, I posted on this site afew months ago, stating I felt RYA were in real trouble. A quick analysis of EZJ'S financials from 2005-2008 doesn't inspire me with confidence:

1. Return on capital employed is single digit, and actually negative if we assume it'll make a loss by this yea end - which is on the cards given the recent 08 interims
2. Asset turnover has worringly droppped below £1 in the last year or so. This basically means they're not getting maximum use out of their current assets. Load factors dropping also support this
3. Regarding working capital, their current ratio is floating just above 1, and has dropped from 3 in 2005. That's worrying
4. Interest cover has dropped from 19 in 04, to close to zero in 08. Dodgy
5. Gearing has risen from below 1 to well over one now - indicating increased financial liabilities short oand long term
6. Earnings per share have risen from 10p in 04 to 30 plus pence in 07, but look to come crashing down to close to zero at this year end


My own personal feeling is that EZJ may survive the current economic 'perfect storm' but is likely to drop in value in the coming 6-9 months well below its current share price. Who knows, sub 200p, sub 150p or sub 100p?

Any views? Does anyone feel RYA is in more/less/same trouble as EZJ seem to be in?

[djderry] 18/9/2008 20:58

Vintage Michael O' Leary at the AGM.

[djderry] 16/9/2008 22:05

With oil at $93 a barrel and falling I think Michael should start to put some new hedges in place,perhaps for a quarter to a fifth of requirements.Then sit back and wait for it to fall some more.

[keelingr] 09/9/2008 11:23

things beggining to look up on the oil front alright!

[cat100] 09/9/2008 09:27

Jet fuel falling

[mickconn11] 05/9/2008 19:38

Anyone else playing with this little wild volatile beast.

I feel like I'm talking to myself sometimes.

Anyway it's full of bear and bull traps which can be good or bad depending on your position but the downtrend remains in place.