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Happening on the US composites. That won't help sentiment tomorrow if it doesn't recover.
Oh dear stumpy, why the sadness, after all you predicted it was going much lower? Only now you bought in didn't you, such a shame.
The market needs a good dump after the rise there’s been the last couple of weeks. It will do the market good. Obviously I’m talking market as a whole and not easyJet which has had a good dump already…excuse the toilet wording ;)
If it was carrying excess baggage in the hold, it certainly seems to be in check-in at the moment.
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.
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.
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 the European sector giant, it's McDonalds
EZY, looks more like Wimpy!.
Why are the BOD not buying ...
I have to say I suspect that BoA selling is the cause for the EZJ drop. I have no idea what their rationale is. Could simply be that they need the money for something else, either what they view as a better opportunity or to shore up some form of weakness in their lending books. Could be a myriad of reasons and it could be nothing to do with EZJ specifically. For me, I accept it's happening, I believe for the moment it is what is suppressing the SP and I assume, barring bad news that once it's finished the SP will stabilise and hopefully rise to retrap some of it's losses.
BoA is one that I have been keeping an eye on for a while now. I wondered if it was going to be the next financial institution 'shoe to drop', but I first pondered that many months ago, not long after all those bank failures and de facto bail outs, so presumed I was wrong.
I mean I was wrong, because the time frame would be too long to take 'credit' for the prediction now. More importantly, it is not something that I want to be right about anyway.
Putting that aside, they have very little left here, do they not? So that could bode well for the SP here - although I do see this as a confirmed break now.
Combined with the bearish market activity here and across the Pond yesterday, a close above the 200 would IMO be very bullish. Alternatively, I am going to lower my potential target entry point to 440-ish, if it closes below.
Again, just my thoughts and it of course might not play out like this. GLA.
Stumpy, maybe BoA read your dross on here and thought the sp must fall much lower better to sell out.
I've not followed it closely, but I think it's well regarded.. Having said that, if it has a lot of commercial property exposure at home or in Asia, it might need that cash to hold against bad debts. I struggle to believe the banking sector is out of trouble and personally think we'll see more cards fall.
How/ where to confirm if below shareholders are upto date:
Shareholders
Name Equities % Valuation
Société Générale SA (Italy)
26,870,720 3.545 % 181 M p
Jupiter Asset Management Ltd.
23,737,297 3.132 % 160 M p
Merrill Lynch International (Investment Management)
22,774,581 3.005 % 154 M p
Artemis Investment Management LLP
22,283,035 2.940 % 150 M p
Société Générale Gestion SA
19,946,000 2.631 % 135 M p
Ninety One UK Ltd.
19,470,807 2.569 % 131 M p
Invesco Asset Management Ltd.
17,973,747 2.371 % 121 M p
UBS Asset Management (UK) Ltd.
17,717,000 2.337 % 119 M p
UBS Asset Management Switzerland AG
16,753,000 2.210 % 113 M p
The Vanguard Group, Inc.
13,821,000 1.823 % 93 M p
So does that mean BoA are now out? Or below 0.5%?
Https://uk.marketscreener.com/quote/stock/EASYJET-PLC-10093880/company/
Pleased to see UBS (UK and CH combined) have unchanged position
Thanks @Gabski
I get the feeling that that is just a list of the top 10 holders. It doesn't tell us what BoA position is, although I assume from that, that it's below 1.8%
To make money on the stock market you need to be able to identyfy value and future growth potencial . Easy has these more than any other european airline, and certainly more than Ryan IMO.
Why is it not even moving -stuck at 457p since morning. After the intense selling since earnings, no sign of rebound yet.
Seems like they taking all profit out
If shorters are taking profit, then there should be some sort of upward movement but nothing. And anyone that bought shares since last December is either in loss or just breakeven.
There are No open short positions over 0.5%,
There May be multiple smaller short positions under
that level .
That data is available on subscription.
Yet another poster who underestimates Ryanair.
Perhaps attempt reading Ryanairs' results and thetake a view.
What EZJ Does have is ..
The possibility of a bid
Leeway is increase profitability of their holiday business.
BUT, Ryanair is griwing ever stringer and attempting to
dismiss this is risible and it's what the market is also aware of.
Why no BOD buying post results ..?
Given it's...a bargain etc.
* excuse the typos
Ryanair down 2.5%, much more than any other airline.