With increased passenger numbers being post by Easyjet and Ryanair reinforce my belief that customer confidence has returned. The challenge for TCG is that hey have captured this evident increased demand at the right price I parked my car at Manchester airport two weeks ago and the long stay parks were nearly full to capacity and T3 was heaving. People are definitely going on holidays - lets hope its with TCG. I hope that with an uplift in summer bookings and targeted margins being achieved with a good story at Q3 on the continuing transformation this share price will move again in the right direction
Ryanair to Report ‘Very Strong’ Traffic Amid Turnaround
Ryanair Holdings Plc (RYA) Chief Executive Officer Michael O’Leary said June traffic grew “very strongly” as Europe’s biggest discount carrier ramps up efforts to deliver a more customer-friendly service.
Ryanair climbed almost 25 cents, or 3.6 percent, to 7.09 euros, the biggest gain since May 19, after O’Leary’s comments on Bloomberg Television today. The company will report its traffic figures for last month tomorrow, it said separately.
I note after recent weakness the SP is looking like surely any day now it will break out and start moving north!!!!!!!
I see more buying than selling daily, so much stronger buying... The charts looking well oversold on the RSI index, the MACD just crossing into positiive/ buy territory, brokers with 250p targets... Coupled with recent director buys, strong results and added the time of year when many are booking holidays.... Surely now is the time to buy this share and it will be 'eading up any day now!!!!!!!!!!!
I'm just suprised it is stuck in a trading range from 132p to 136p.... Surely a break out is building!!!!!!!!!
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