Ha Ha me too Nucky! I'm personally hoping for a quick dip to £2.50 to make some of the Jonny come lately's s*it themselves a bit like we have since 2020! ;)
Qube riding the tiger!
Bollo**s 'two' not 'too' - sorry Cevodniya!
Dear Cevodniya,
I haven’t felt the need to ever comment on the morals of someone since I joined in 2013 and there have been some right douch-bags on various boards! However, you are a bully and it’s obvious to see are riding some kind of adrenalin kick form making a quid or too perhaps? You need to respect other people’s opinions. (I hope I’ve spelt everything ok?).
£10 but not this year!
Looks like Qube have made a few quid intra-week trading - think they are about to lose all that!
EZJ have traditionally given 50% divi as a benchmark - of net profit (possibly more) so in couple of years that's say 1bill gross - less 25% corp tax (hopefully this comes back down to 19%!) so 750 mil @50% = 375 divided by number of shares in issue - I think 750 mill or so that's .5 x by the no of shares you hold! Very nice.! Even better if they want to buy back shares or issue the odd special divi.
Holiday division should fill the gap more than adequately of higher oil prices while the world is in turmoil. They must be aiming for 300mill (currently 122m) or more from that division given it's initial success - EZJ have a much bigger market in terms of destinations compared to Jet2 (400mil profit for 2023) and 3 times as many planes - TUI is the main rival there - BA holidays are a different positioning and terrible advertising campaign!
Bearing in mind that they have mooted a 1billion profit in the foreseeable - think the highest in 2018 was 750m or so?
Surely this would go some way to negating the dilution.
What do people think this could achieve as a top price for the share going forward next few years - all things going well! given the dilution which was apparently 'The number of outstanding shares currently stands at 753.1m, up sharply from 397m just before the pandemic.' - share buy-backs might be an option. I'd personally prefer bigger dividends.
Motley Fool guy seems to think this was tops £15 - I think it was 18-19 2015 and 2018!
Given also that the airline industry is supposed to grow 10% year on year until 2050.
Thoughts....
'Bank of America Merrill Lynch upgraded easyJet on Thursday to ‘buy’ from ‘underperform’ and lifted the price target to 640p from 470p on European capacity constraints.'
650 this year and 750 next IMO. If the wars become contained and Trump isn't president!!
Yes sorry 'old' Russian speaking Baltic states!
I’ve been in bed with this share for 5 years now and ever the optimist! – however, like all others it’s sentiment and fear which drives this not fundamentals – in that time we’ve had trolls and shorters en mass who were predicting winding up orders and bankruptcy etc. I think it will double from here and more in time however £4.50 could easily be seen – the Israelis are prepared for a protracted war which could go regional and the Russians are winning! If in a year’s time we have a stand off with Putin and Nato over the Russian speaking Baltic states it could well be £2.50 again! macroeconomics and global politics as always with airlines – Happy NY!
This is funny to watch - the MMs are desperate to get this down into the 70s and 60's for clients to buy - but it keeps bouncing off 482.5! For today anyway!
I’m invested here but I also trade some. Lundgren seems to think this airline is immune to the present economic crisis, macro climate, war and the four horsemen of the apocalypse! I’m not sure the city agrees as is evident from days like today. One wet Wednesday towards the end of the year it will rise towards £6 but not until we all feel a bit more comfortably off! I’ve written off this year for any major rises in most of my portfolio.
This is smashing off 530 L2 - means there's money to be made between 5 and 530 for the next month or two! IMO.
Double jabbed and their kids 19 July.
Managed to manoeuvre that little dip with a small profit! It was pretty much telegraphed! I think Mr. Market is coming to the conclusion that the end game is near.
GLA!
The saviour of the economy?
In Washington - JB has done more to restore the economy and put Russia back in its place with bipartisan deals and good old fashioned statesmanship than Trump did in 4 years!! Let’s hope this drags all our shares up over the next few months. GLA
Old news - broke around 1:30pm! Boris tends to fluff and bluster!
CB