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Kando,
H2 (q3 and q4)
Lots of people were waiting for sub 32p it didn’t happen. Please read my post don’t just shoot from the hip.
Of course the CEO of easyJet is pushing for summer holidays.
Boss of company hemorrhaging money wants company to stop hemorrhaging money... is not exactly a revelation, or news. A CEO's aspiration doesn't trump the facts of a global pandemic that is as close to the beginning than it is the end. He can be as bullish as he wants, but central governments make the decisions, not him.
Kando, EasyJet CEO is confident that summer travel is on cards. EU countries are ramping up vaccines for summer travel.
So what makes you think that travel is not possible?
Bargain
Thanks for your post
There are few things causing your frustrations...
1. You invested in a long termer share but with the view of short term profit, that never works
2. You have not assessed your risk management if you wanted to be out in 6 months time and should have kept some liquidity to either average down or invest on those fast growing shares you were talking about which is currently frustrating you.
3. You are looking at other shares gains which they have totally different fundamentals, meaning they may go up shorter terms but they will stall longer term /or run out of steam.... which is totally oppoaite to RR, again another cause of your frustrations.
There are more.... but i stick with above only for now
The good news for you is you will get your 125 back (and more) actually relatively soon but then please take your money and be out fast if you are not long termer and can't afford to hold beyond at least 12 months from today
RR. will reward massively in my opinion but you got to hold throughout the ups and down and be patient which itself is art.
I wish you all the best
IMHO
DYOR
GL
Bold assumption, I'd counter. What basis do you have for this Q2 recovery? 2022 Q2?
Nobody's claiming 32p, but the share price today still does not reflect what is materially happening. It's inflated on the hope of a broad unlocking and at the very least, trans-atlantic flights - this summer onwards.
Kando I remember when people on this board were going to buy in at sub 32p as RR was doomed. Start off 2021 there was liquidity of 9bilion with out the sale of itp, with out cost cutting RR. was getting through circa £350 million a month in 2020 doing the sums I think your argument of cash burn is nil and void if we assume flying will recover somewhat in H2.
Agreed Hindy. Could be an opportunity to buy in <90p again, although it's hard to price in the cash burn of another year without long haul. There will be some minor to middling recovery later this year but not enough for cash flow positive, so perhaps we're looking at <75p now for fair value. Very difficult to price after this transient and illusory "summer holiday" unlocking hype abates.
Well, I helped the RR and IAG stats yesterday.
I booked two flights for November to Miami, and 4 flights in March to Orlando.
Both IAG and both RR engines (well, hopefully it will be an RR place)
Agreed double S: there is a lot of people who feel that an annual holiday abroad is their god given right and there is a lot of pent up demand. Patience whilst the market catches up.
I am sorry but I have to disagree with your perspective of people just putting of travel for another year. People travel due to various reasons. Some reasons cannot be delayed : e.g. Seeing family members by expats, Business, People travelling to mourn for their dear ones who died and many more. Holiday vacation is just one reason.
I think people cannot stay 2 years at home thats just too long. I for one cannot wait to travel regularly again.
Guys this is all set to pop
This next month or so is what you’ve been building upto the last 24weeks being held in this range
This next week could be even more boring as the trading range is contracting but it’s about to get exciting
Please give a little more time
Sadly I'm starting to wonder the same, I've been in and out to be honest and I'm not for the real long term sadly as I need the money back in the next 6 months. My resilience is starting to waiver especially when you look at many other shares and how these keep rising. I'm now starting to think it'll be a year or two before we see any major gains. I've had some good profit but back in with quite a large lump of money at £1.25 a share. If I can get my money back or near to I think it's time to move on. Let's hope we start to see a little more positive sentiment towards the share over the coming months. The sustained opening of international travel will be the only answer to the shares woes in my opinion and even with that I'm starting to have doubts set in as to whether it will push it upwards. You have to agree with the posts regarding market cap to wonder if the share is already over performing. I hope I'm wrong and we can all get some more profit. Good Luck all, Good Luck Rolls
If they can implement cheaper testing it might help. But in all honesty I think people will look to put off travel for another year.
I'm undecided if there is a spike in share price I will sell.
I dont think this set out anything that people went already aware of.
Not deramping, I just starting to think I might be able to make some gains elsewhere and get back in before this pops. I've held for a year and have a reasonable gain. What's people's opinions
Well, here it is .......
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/977446/Report-of-the-Global-Travel-Taskforce-accessible.pdf