Member Info for 2227

DTG deserves a much higher PE than others in the sector due to their continuously extraordinary growth. Market seems to have begin to appreciate it. It deserves a PE in teens at least.

Full year to march 31st.

2016 60p per share
2017 52p per share
2018 75p per share
2019 98p per share
2020 announcement in July 2020

The damaging repackaging of debt, from challenger banks to buy-now-pay-later.

https://metro.co.uk/2019/11/02/damaging-repackaging-debt-challenger-banks-buy-now-pay-later-10978215/

They're likely to be in mid 60 by Christmas.

There is not likely to be any further PPI provision. The share price should rise from here onward IMO.

Six months to Sep.30

2015 79p per share
2016 90p per share
2017 119p per share
2018 186p per share
2019 announcement 21st November.

manchego

Compared to the first half 2018 jet2 probably had a lot more customers this year in the firat half.

Oil prices are on average 20 to 25% lower this year compare to last ( a very important factor for aviation industry and particularly for jet2 having a lot of relatively older planes).
But there was pressure on prices because of Thomas cook. Overall I'm optimistic, profits won't be too bad in the first half. Second half should be exceptionally good. This is just my opinion. As always DYOR.

There is not likely to be any further PPI provision. The share price should rise over the coming weeks.

https://uk.movies.yahoo.com/the-pound-is-set-for-its-best-month-in-a-decade-111306087.html

Good for Jet2.

"Pound set for biggest monthly rise in a decade as no-deal Brexit fears fade"

https://www.reuters.com/article/uk-britain-sterling-open/pound-set-for-biggest-monthly-rise-in-a-decade-as-no-deal-brexit-fears-fade-idUSKBN1XA15Q

Pound set for biggest monthly rise in a decade as no-deal Brexit fears fade.

https://www.reuters.com/article/uk-britain-sterling-open/pound-set-for-biggest-monthly-rise-in-a-decade-as-no-deal-brexit-fears-fade-idUSKBN1XA15Q

With the current management, Lloyds has been far more generous with PPI and other claims than any other bank. Happy to see them go.

Chairman Lord Blackwell, Anita Frew, the deputy chair and the chief operating officer are going according to the Financial Times.

Lloyds should do much better when the current management is replaced.

The other big news for the bank this Thursday morning is personnel. There is quite the reshuffle. Chairman Lord Blackwell will go by the time of the 2021 AGM, when he would hit the nine-year corporate governance recommended time limit. Anita Frew, the deputy chair, reaches that limit sooner: she will step down at the 2020 AGM. Separately, the chief operating officer is going. PPI charges may be familiar at Lloyds by now, but at least there will be some new faces.

£1.8bn in the third quarter of the year to cover a surge in claims forPPI. That was the £1.6bn/£1.8bn guidance the bank gave in September.

UK government statistics reveal a growth in the number of people taking package holidays from 15.9m in 2014 to 18.2m last year.

https://www.bbc.co.uk/news/business-49910517

manchego

" 15.9 million Brits in total took package holidays last year. "

Jet2holidays only took 3.17m customers on package holidays and 9.65m passengers last year, so there's vast amount of space for further growth. GL

During the year, Jet2.com flew a total of 12.82m flight-only and package holiday passengers (one-way passenger sectors) (2018: 10.38m), with our flight-only product enjoyed by 6.49m passengers, a growth of 21%.

Demand for our Real Package Holidays™ continued to grow, as Jet2holidays took 3.17m customers on package holidays (2018: 2.50m), an increase of 27%.

https://www.jet2.com/leading-leisure-travel-group

Pound and shares likely to rise over the coming weeks.