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Dagenhamdave………….nothing grim to me, you better close your short. The market looks ahead, not in the past. Orders coming in nicely, we will be back in treble figures soon. Onwards and upwards from here. The new boss has got PFC back on track 👏👏👏
Nutmeg……..I am ex Easy jet flight deck crew, now flying corporate jets. Most of my ex colleagues still flying the orange bird and they report load factors constantly over 90%.
Have you taken a look at budget airline fares of late? Pre Covid you rarely paid over £100 but today on average is treble that.
I suggest you open your eyes and smell the coffee and at the very least off load your shorts. We will be knocking on the door of £6 by the end of 23
2 days on the trot that we have seen rises whilst the rest of the markets performed poorly. One gets the feeling that some good news is not too far away, especially with recent director buys over the past month or so.
Another top up for me tomorrow once my Vodafone dividend hits the bank.
Both Easy jet , Jet2 and IAG have posted fabulous updates. Since then both Easy and Jet2 are down over 10% and I expect maybe this will follow. Shows how crazy these markets really are. I am sure before not too long sentiment will change and their true value will be realised.
The real bugger is I sold 180,000 of these at 43p making a £180,000 loss. As they say, patience is a virtue which I obviously don’t have 😢
Ganners………..please keep up, no ATC strikes, only possible ATC delays due to flow control restrictions…….why the restrictions you ask, because everyone flying again and increased capacity is causing possible delays. No issue as any ATC delay is not subject to a EU261 claim. All airlines now well over sold just because of a few fires in the Agean. This will bounce big time very soon.
Oversold yesterday on the Greece fire news. It gave a great topping up opportunity and expect to see a 3% bounce back today.
A cooler spell of weather approaching the eastern Med as the jetstream pushes south. Back to business as usual. Back above £5 by end of week.
Another set of great airline results that are greeted with a fall. Same with Jet2 a couple of weeks ago, fabulous results but met with a 14% fall on the day. I made the most of the fall and sold my Ezj shares to buy Jet2, needless to say today I have sold some Jet2 at a nice 12% profit and picked these up again at this bargain price.
All you really need to think about is the longer term and I am convinced by the turn kf the year we will be 50% up from these levels.
As you say…….bring on results day, and if like Jet2 a fabulous trading update it will fall over 10%. 😱 The whole market is bonkers. I swapped my Easyjet holding over to Jet2 when that fell 14% on the results morning, it was too much of a bargain I felt. I will jump back in here if Easy does the same.
Meeson knows a great investment when he sees one. Just because he is retiring he is still interested in his investments making money.
Hopefully this will be the catalyst for the shorts starting to close.
Onwards and upwards.