Ryanair Share Discussion Threads

[warren blufferstein] 28/1/2004 23:21

You can always rely on the Eurocrats to spoil the party. Let battle commence. I wish Ryanair all the best in their fight against Eurocracy.

[bullsvbears] 28/1/2004 18:24

Now being affected by the good old British weather. Luton and Stansted have been closed this afternoon due to snow on the runway. RYA has posted over twenty cancellations this evening (so far), and many aircraft have been diverted, some to Birmingham and Bournemouth.

Could lead to adverse publicity in tomorrow morning's press "effect of winter weather" news round up.


If Charleroi is lost, that would be a material setback as it is a "base". Also, reading between the lines of the results announcement, it does look as though expansion plans are being reined in. Nevertheless there is a long pipeline of new aircraft deliveries now flowing. Surely they will not be parked up doing nothing?

More new routes?

[2441] 28/1/2004 14:41

The latest results come as the European Commission prepares to release its probe into whether the airline received illegal state subsidies at its Belgian hub of Charleroi in what could prove to be a test case for the industry.

All the signs are that Brussels is likely to adopt a tough stance when it announces its decision next week and Ryanair has pledged to appeal if the ruling goes against it.

But most analysts believe an adverse ruling will do little damage to Ryanair's business model because only 20 percent of its traffic goes through government-owned airports

[2441] 28/1/2004 14:25

Qunatum,

You need to analyse fully what you are reading - Ryanair have been penalised (or will be) for benefits received at Brussels and many other airports may follow.

However it is also a fact that many of the airports used by RYA (and others) are not publicly owned and are thus not subject to such restrictions. RYA have stated in the past that should this ruling go against them they will make more use of privately owned airports (that is not owned by the Local Government or Airports Authority).

We will have to differ on whether the business model can sustain this changeover.

M

[qunatum] 28/1/2004 14:08

You should read the news mate, RYA have lost all the grants they`ve been getting from European airports and are no longer able to offer massive reductions on travel. They`ve already issued a profit warning for 2003 and without the grants it can only get worse for 2004
ICI it`s not. I will be very surprised if RYA is still trading a year from now..

[2441] 28/1/2004 13:54

Good buying opportunity midday today IMO - got in at Euro 5.01 and expect some of the fall to be made back in the shortterm.

Over reaction in a similar way to ICI last april which made me a mint.

M

[superdealer] 08/1/2004 22:44

When dealing with spread betting companies the share price is just a number so don't worry about whether it is in euros or pounds. I still trade in pounds per point even though it is quoted in euros.

[runje] 08/1/2004 16:18

>> superdealer

Thanks for that info. Much appreciated.
Question tho: With the GBP weakening v. the euro where is the attraction in this unless one decides to start and hold a Euro a/c or one sees oneself as a currency dealer.
Also are the profits being handed out in divis or returned into the business??
Apologies if I seem a trifle thick!

[superdealer] 08/1/2004 01:01

The price was previously quoted in pence whereas now it is quoted in euros. That's the reason for the price change. The RYA business model continues to generate terrific profits but the share price seems difficult to predict on a short term basis.

[runje] 07/1/2004 13:38

I haven't followed this for a while. Can someone enlighten me please.
At the beginning of October last yr (2003) RYA were trading between 400 and 500 or thereabouts. Now at 6 to 7. Has there been a share split / a diluting issue of shares / a publicised disaster or profits warning causing a freefall - or what ?????

Many thanks to all responders.

[rvc] 19/11/2003 13:21

Have picked up some more long today at Euros 6.27. In my humble opinion it will bounce sharply from here having retraced more than 15% from its recent peak without any significant bad news.

[rvc] 18/11/2003 11:19

Never thought would get another bite at the cherry, but have topped up my long this morning at $6.35.

[superdealer] 17/11/2003 20:08

It used to be traded in pounds but it is now traded in Euros. That is the reason for the change in the quoted price.

[the player] 17/11/2003 19:35

Was there some sort of share consolidation in Ryanair today?

My chart looks very odd!

It gives Friday's close as 456.22p and 640p today, despite a fall.

Help!

Thanks.

TP

[rvc] 07/11/2003 11:04

Dip this morning was caused by an article in the FT apparently highlighting further risk from EU ruling against incentives from regional airports. See following link for further info:

Not significant in my view, given the magnitude of this company's profitability and growth potential. Am looking to close my long position only above Euros 7.50.

[superdealer] 03/11/2003 20:42

Long. It was at £10 a point but I haven't checked how the new price equates to that.

Update : The stake has been adjusted to 6.85 per point based on the new quote.

[pompeyboy] 03/11/2003 13:50

Superdealer - long or short?

[superdealer] 03/11/2003 08:08

The price is now being quoted in Euros. I hope this works in my favour in the spread bet I have open.

[rvc] 22/10/2003 09:43

I can find no specific reason for the rise. EZJ also doing well, and low cost airlines in the US reaching new highs, so my guess is that RYA is just finally playing catch-up.

[superdealer] 22/10/2003 08:16

Something going on today judging by the price leap.

[rvc] 01/10/2003 10:33

This morning have closed all my short positions on the overall market, including BAY since expect a bounce from here over the coming weeks. Have topped up long on RYA at Euros 5.80 amongst others.

[rvc] 24/9/2003 10:15

Nice to see it bounce back over €6 equivalent today, don´t think you will see 5,30 unless the market falls strongly (though you never can tell!). On a relative value and fundamental basis RYA is one of the few shares in this frothy market I wouldn´t be looking to short...it has to play catch-up with other less profitable airline companies whose shares have done much better in the rally.

[thecynical1] 23/9/2003 11:33

looking for Euro 5,30 equivalent....

[rvc] 22/9/2003 09:40

Ouch! Further drop today, and back to the price I entered my long position at a while ago. However, am looking to stay long or even top up at these levels since continue to hold BAY short as a hedge and am also net short the rest of the market. Hopefully the September traffic figures will give these a boost finally within the next fortnight...let´s see how it unfolds.

[rvc] 19/9/2003 16:46

Decided to top up my RYA long position just before the close today, since it again seemed to drop while EZJ rose. Will review the situation again next week.