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Started: fatprofits, 23 May 2024 22:51
Last post: fatprofits, 23 May 2024 22:53
Added to no director buying post results.
A very significant holding in the company.
If they had just reduced a bit it would not be worth commenting, but that's not the case.
You have to ask...if this is such good value..
why is the market and BOA appearing to see it differently..?
Started: Stupmy, 23 May 2024 19:06
Last post: fatprofits, 23 May 2024 22:35
Ryanair is the European sector giant, it's McDonalds
EZY, looks more like Wimpy!.
Why are the BOD not buying ...
EZJ trading at PE = 6.8
RYAN trading at PE = 12.8
This gap will shrink over the coming months. Ryanair may have done well in the past but past performance is no guarantee to the future given their choice of aircraft from boeing and engins from pratt& whitney. Easy has a much more brighter future because of the right aircraft most reliable engin choice, and accelerating holiday business.
Ryanair is Up stateside, as wasthe rest of the sector today,
barring EZJ.
EZJ raised approx £1.5 bn during 2020/21.
That's a big % chunk of the current market cap.
If you overlay the 1 day graph for Easyjet and IAG they are more or less the same. The 5 day graphs are different. Any insight on why this is?
I've always assumed that this type of pattern is indicative of a driver that is not company specific but that's just pure speculation on my part.
If it was carrying excess baggage in the hold, it certainly seems to be in check-in at the moment.
Started: fatprofits, 23 May 2024 16:33
Last post: Stupmy, 23 May 2024 18:40
As a follow up, here's an annotated chart. There's really too much detail and you should be very careful in over-doing the detail, but it just shows where we are and some possibilities.
We're at 458ish which is below the 50% fib retracement. I haven't put indicators on, but the accumulation/distribution indicator shows no let up in the distribution. That gives little confidence that the drop is finished. The dotted blue line is the 440 area suggested by another poster previously and is the 61.8% retracement, but also fits roughly to an area of support (there may be buyers around that level). There are no hard and fast rules, but the dotted black line is a rising trendlien support that shouldn't be ignored and fits wtih the views of others on a level around 400 being of interest. Just above this and not visible on a daily chart, there's a gap that would close to 423ish. In my view if it did close then we'd likely touch the dotted trendline around 400. Nothing is certain, no-one can see into the future so you have to make decisions about how much pain you'll tolerate each time you enter a trade.
Fingers crossed we do get a bounce from the 458 area.
https://screenrec.com/share/s8bwUjWF02
Appreciate the view.
I have it as just about saved by the bell. Came verry close to marking a new low and that would have favoured a drop to the 441-443 area for the next decision on where to go. Looking shaky in my view but held just about for today.
..
Started: RichEO, 23 May 2024 16:56
Last post: Stille, 23 May 2024 18:28
Just paid online for large cabin bag for return flight £30.99. Also bought a few extra at 560 flat (rhymes with what a tw*t)
Saving big powder for Tuesday.
Happy evening All
RichEO, whatever is going on, I topped up today at 460.80p !! IAG fell as well. Labour would hardly ban holidays, would they ?!!!
Patience, all the analysts can't be wrong, can they ?
Wtf. What's going on....
Can the bloody stock fall any further ? Have we all been deceived? Looks to me like outer blind faith has zero reward and the SP has no bottom. What a mess. What a bloody financial mess.
Started: TheCullinan, 23 May 2024 17:35
Last post: TheCullinan, 23 May 2024 17:35
This stock stinks of corruption, I feel an investigation will occur at some point , nothing adds up and the CEO announces on results day that he’s leaving ..?? Please .
Started: fatprofits, 23 May 2024 16:13
Last post: fatprofits, 23 May 2024 16:13
Very disappointing to see.
Started: Stille, 23 May 2024 15:11
Last post: ATrades, 23 May 2024 15:50
😂😂😂 we couldn’t catch a cold atm 🤦🏻♂️
Don’t be surprised if I change my name to “BTrades”
GL stille, I’ll wait for the 440’s I can’t work this share out. Safer on the sidelines atm
GLA
Started: fatprofits, 23 May 2024 15:44
Last post: fatprofits, 23 May 2024 15:44
Appears to be how the equity market is treating this atm.
Started: fatprofits, 23 May 2024 12:16
Last post: ATrades, 23 May 2024 14:37
Make that 10 percent
...
Started: Ganners62, 23 May 2024 08:06
Last post: GeorgeW1995, 23 May 2024 12:38
Easyjet is like the Norwich City of Airline (Yoyoing between FTSE 100 & FTSE 250)
Can't catch a break at the moment
I'm not really sure why you couldn't look up the information yourself, but here is what you're looking for.
https://screenrec.com/share/pqIOA3hGao
Clank
FTSE 100 company is only ejected if its ranking drops below 110. Similarly, promotion into the FTSE100 requires a ranking of 90 or higher...otherwise there would be too much quarterly churn
next review June
Does anyone know please when the review of the 100 members of the FTSE occurs?
I just heard on the radio that easy jet is today standing as number 100 in that list after the share price has fallen 15% this month
@Xhita, thank you for your posts, you're spot on, love your analysis, not because they're positive but because they make total sense.
I'm heavily invested in this (6 numbers) , always believed in it, EZJ is the one that always made me most of my gains. Logic and patience is really annoying the hell out of me but in the end it does pay. GLA
Started: TheRealDeal2023, 23 May 2024 08:26
Last post: sundezena, 23 May 2024 11:16
I think this is the bottom, thats why i topped up. we shall see now. GLA.
Hands firmly in my pockets thanks…not deramping atall….just preserving net wealth (haha) until this nonsense ends. Will probably end up adding at much higher level next week :(
I have topped up already...not today though...now just waiting for the bounce which will come sooner or later and i am not talking years..its a matter of months, probably during summer. I am comfortable with prices i paid..Rome was not built in 1 day. DYOR.
Just keep topping up sun 😂
And down we go...first we go up 3p then we go down 2p..Jet2 and Wizz seem to hold onto their gains, we never can. Maybe we further to fall, who knows. All I know this is being controlled by some MM (market muppets). DYOR.
Started: Melab, 22 May 2024 22:17
Last post: sundezena, 23 May 2024 08:34
Thats ok regarding rates, the market looks 6months down the line, they don't look at June.
Wrt rates cuts - Bailey will want to please his new boss Starmer and therefore wont cut rates in June IMV.
Well we held out OK today and if inflation was slightly lower and Rishi had not announced we may have ended green. Let's see what today brings
I wouidnt rule out rate cuts in June, it's funny how he called the election on reasonably good news on inflation, yes the bank is supposed to be neutral but it's an old boys network , they will do as they are told
Last post: Treacle24, 23 May 2024 08:08
According to Yahoo Finance page today is showing 91 million shares traded so far - that seems a lot
Started: Stupmy, 23 May 2024 07:28
Last post: Stupmy, 23 May 2024 08:02
Maybe, but I'd have thought them showing strength in what could be a difficult operating environment is a positive for the sector.
Not sure what happens at wizz is specifically relevant to ezj - operating mostly close to war zones. Maybe lots of displaced people being moved around?
How quickly stumpy goes from deramping to ramping.
Not long ago he predicted much lower levels, but since he bought in he switched to ramping
RNS this morning. Points to sector wide strength currerntly and might lift the SP here.
Started: Treacle24, 23 May 2024 07:40
Last post: Xhita, 23 May 2024 07:48
I can confirm that they weren't my buys....🤣🤣
11:14:20 463.30 3,377,524 16m O
11:12:35 463.30 3,377,524 16m O
Sorry - £16 million trades
Anyone notice the two £13 million trades from yesterday?
Started: Mad_Woody, 22 May 2024 16:07
Last post: Cevodniya, 22 May 2024 21:51
2227, absolutely no chance of BoE rate cuts in June.
It wouldnt be seen as politically nuetral, which is what the bank is, so no chance.
The BoE doesn't sit in July, so it's August at the earliest.
Now, you know all this so why your comment!
An interest rate cut a real possibilty in June if elections are held in July.
I doubt it! But hope am wrong
Rumour has it that a GE is going to be called in the next few days. If that happens, it's probably a good indicator that inflation is finally below the 2% target, which would also signal a base rate cut. All hearsay for now, but *if* it happens it should be good news for the sector in general.
Last post: fatprofits, 22 May 2024 20:39
Unlikely in June.
Worst GE announcement by a UK PM in memory.
Inflation missed target.so no cuts. yanks expectations are for 2 quarter point cuts after summer.not there yet folks
Started: fatprofits, 22 May 2024 16:25
Last post: fatprofits, 22 May 2024 16:25
Unofficial as of yet
Started: GeorgeW1995, 22 May 2024 14:41
Last post: Xhita, 22 May 2024 16:04
The share price reflects many things. The fundamentals are a small part. The mood of the market, the trend, the wider economic situation of investors and external players manipulation are the bulk of the drive. The moved down on strong figures at the point of release. Once it opened down people sold.
That's not how it should be.
@Xhita - The SP makes little to no sense, in my short 5 years of investing I'd have thought the SP reflects the companies financials (balance sheet, P/L account) along with broader economics & other fundamental analysis.
Granted it had to sale & leaseback a few aircrafts during covid but those days are behind us now.
It baffles me how the SP can be so low while the earnings & free cashflow can be so positive
Air fares in Europe priced 15% above inflation.
https://travelweekly.co.uk/news/air/air-fares-in-europe-priced-15-above-inflation-says-report
Currently in this quarter easyJet will be making £2.5-3m a day profit. In Q4 £8m a day profit. The results that apparently destroyed the share price were very positive especially from the holiday business and the volume of advanced bookings. Summer season 70% booked in May is very strong.
The CEO transition is a sensible move. It shows maturity and concludes a job well done.
It's important to separate the business performance from the share price. They are very out of sync.
The share price under £6 is nonsense. At £5.50 it was nonsense and £5.50 to £4.50 was just more nonsense.
The business is strong, the share performance is weak.
If you believe that the UK isn't broken then clearly something else is happening.
After buying more at 512p prior to earnings, earnings were "ok" only issue was the CEO stepping down which was unexpected in my opinion, the stock has seen a constant decline since. The balance sheet is in good shape.
I'm done with this dog of a share, im not buying anymore shares, Easyjet can just rot in my portfolio, I thought Easyjet were an established company with decent free cashflow as well
Started: fatprofits, 22 May 2024 14:11
Last post: fatprofits, 22 May 2024 15:01
I don't go Short individual stocks.
I can't remember the last time I clicked a Sell
on a share board on LSE.
I very rarely click Buy either.
Ok..anyway my answer is ...higher than 5-5.50 by july. All IMO of course. Anyone can buy, sell short. I have my strategy.
I'm not short and I've never said Sell.
If it's a question, you must be thinking about it. try it. u never know. good luck. I wouldn't but i am buying more if it does, of course. GL.
It's a question, not a statement.
Stress not! Only Monkeys pick bottoms :)
Stupmy, we pulled the trigger early today. Oh well..more dry powder in case it falls further.
Yes, same ..added more at £4.67..we are due a big bounce. i am looking at £5 for my exit level..guess by july-august we should be above that. DYOR.
I've added around 469.
I bought 3 times now and it looks as if I'm not alone. Maybe we'll get a bounce.
Started: fatprofits, 22 May 2024 11:50
Last post: sundezena, 22 May 2024 13:52
EZJ price gone negative now . Not good...Surely selling is almost done..It's a bargain price IMO. DYOR.
Fatprofits go to ryan board. Filterd
Airbus fleet
Bid possibility
Rapid potential growth in Easy Jet holidays' profitability
On the flip side you have Ryanair which is becoming ever stronger.
Started: fatprofits, 22 May 2024 11:46
Last post: fatprofits, 22 May 2024 11:46
Disappointed to see nada.
Last post: Stille, 22 May 2024 11:34
From zoom out Elliot Wave perspective the price looks way too cheap. When the nonsense from rya PR is over anyone who’s buying now will be laughing by mid June imho, maybe sooner - and clearly from @themong nobody gives a damn about schools fining them for taking kids out of school :)
Ticket prices on budget flights are not what they used to be either TM, for the moment you'd have to imagine the EZJ is doing well.
I work part time at Stansted Airport. This morning I started at 4am. Believe me when I say it was carnage here this morning. Cost of living crisis, what cost of living crisis ?
Numbers of people going on holiday from here is huge.
I appreciate Stansted isn't an easyJet hub but surely this must be being replicated elsewhere
Looking good for Summer numbers I feel
Last post: Legend__83, 22 May 2024 10:24
But not down as much as expected, indicating potential further delays in interest rate cuts (hence UK markets down across the board today).
The 90p drop on good results is almost identical to October 23 . I suspect that it's a lot more organised than we think. A few rocks create an avalanche and stop losses do the rest. Shorters disappear and it starts back up..
Several manipulators working in concert. Posting big sells pre open on results day. It's hardly difficult in a starved market
Inflation down, it means people have more disposable income for holidays..interest rate cuts to come will also add to that. This is just profit taking after a good run, thats why i have added. Also , a takeover offer might be in the pipeline , you never know. Sooner or later they will take off. DYOR.
IAG up a smidge 🙂
TUI dropping on open, we're back to testing yesterdays lows. Might be an interesting day.