Member Info for Crystal_Balls

I'm buying back - elections will mean an end to the war - Russia gets Donbas - oil comes down - Wizz no longer has to wage price war as they get back their market - relieves price pressure as Morgan Stanley put it.

Hey sundezena - who upgraded?

Yes I've noticed their default on such issues is to post a pic of the orange bird - during lockdown I sent a complaint to BBC saying is an EasyJet plane the only pic you have! Should use a generic pic livery free.

The name makes me laugh - as kids if you had a Wall-eye - you had a squint and were looking in the wrong direction! :)

Looks like the shorters are releasing Wizz from its shackles today - they obviously know how good EZJ results will be and are avoiding any further upside! :)

Cost of cheap return to Alicante – no extras say £69 – this includes £13 APD – this rises to £15 after April 2026 this is in the range of I think 0-2000 mile journey – same for any internal flights. The French have screwed their short haul programme with these taxes – it certainly isn’t a growth tax! This came in in 1993 under John Major and it was only £5 – when that same journey would have been £200 or so – so now with much tighter margins, a much bigger proportion.

People like Willie Walsh are lobby heavily against it saying that even if it’s passed on in it’s entirety (which it will be) then it will stifle demand for cheap flights, also that the likes of Denmark have abolished it altogether for the sake of growth.

However, as someone said Rachel is fishing down the back of the sofa for revenue so I think despite her pseudo-growth stance she will stick another £1 on this and more on long haul.

This should be heading on up towards 490 on the bell - there is something corrupt here.

Company's been sold and de-listed mate - didn't you know?

I.e., they believe in the company and want it to do well.

Am I the last faithful? - I get the impression most people here are just waiting for the share to drop to the depths. Except Savage of course who harbours ambitions of £10.

I’ve been waiting about 4 years for fair value! Some people think its £10, some analysts think present value should only be £4 (or indeed in 12 months time!) – so take your choice. I like Barclays as analysts – always think they have more knowledge when it comes to UK and Euro markets they have £7.30 I think, again a 12 month forecast. A couple of years ago they slapped a £2.50 price target – in fairness it did get to £3.20 or so.

The biggest threat to EZJ isn’t the turgid economy – it’s the slow death of Wizz and their potential ramping up a price war to stay alive. The barriers to entry in the sector is obviously huge so unless sold they will just become loss making and drag EZJ down. Barclays also commented on Wizz about the fact that despite the bad luck with the engines they had actually bought the wrong planes for effective growth, (sorry can’t remember the specifics of that one!) – they recommended a more modest expansion program in the single digits rather than 20% pa!

EZJ however, having opted for modest expansion (well apparently Stellios did) have left themselves exposed to more aggressive spenders like Jet2. O’deary is probably right with his stagnating comment. They’re also suffering from their market positioning in terms of pricing/offerings which works very well when the economy is booming and people want to make a ‘more comfortable’ choice but certainly not in a prolonged almost recession like now.

I’m disappointed with the ambition here, I think they need a more dynamic leader and a more ruthless road map going forward – cost cutting and effective/varied winter routes/holidays are essential, because if the city don’t see winter losses substantially reducing (despite a good rest of the year) then the share price will stagnate and the shorters will be back en masse. I hope not as I have a large holding here.

They also need to implement something like a buy-back to shore up the share price and keep it away from bargain hunters! I’m hoping the reported interest from MSC has reminded some institutional investors how low the share price is compared to ‘fair value’ and also perhaps pricked the ears of IAG or FR/KLM that they need to perhaps think again about the consolidation route.

Thanks SG20205 - the share price however made a significant move - that seems to be one of the obligatory criteria so maybe we should expect them to say something.

• Market stabilization:

It addresses "rumour and speculation," which can cause unusual share price movements, by providing an official statement from one of the parties involved.

• Market speculation: If the target company's share price moves unusually due to rumours of a takeover, an announcement may be required even if no firm offer has been made.

Above from the UK markets Takeover Code:

So MSC have denied any ‘involvement’

So are EJZ not obliged to quelle the rumour then? Not forthcoming at the moment!

Although I don’t think they bothered when Wizz were rumoured to make an offer!

Investing.com - Bernstein has lowered its price target on EasyJet Plc. (LSE:EZJ) to GBP5.20 from GBP5.60 while maintaining a Market Perform rating, citing concerns about revenue per available seat kilometer (RASK) dilution.

The research firm expects summer RASK to decline by low to mid-single digits, partly due to sector lengthening. Bernstein’s Q4 EBIT estimates are 5-6% below consensus, prompting the reduction in price target in line with lower run-rate earnings estimates.

Bernstein notes that intra-European capacity growth is beginning to increase into winter with a 6% rise in the December quarter, driven by Ryanair and Wizz Air. This competitive environment presents challenges for EasyJet, which continues to expand amid growing ultra-low-cost carrier competition.

The phase-out of Emissions Trading System (ETS) allowances is expected to impact EasyJet harder than peers due to its UK market concentration. UK ETS allowances face a complete reduction in 2026, compared to the staggered reduction of EU allowances.

Despite these challenges, Bernstein highlights that EasyJet’s Holidays segment continues to perform well, with full-year profit before tax guidance set at €235 million. The company is scheduled to present its annual results at the end of November.

Is this as bad as it reads - of those who understand a bit more about the seasonal cycles, competition and demand?

Citadel not Centrica!

Whoever was shorting @ .57 think it was Centrica, has entirely reduced today! Only Marshall Wace @ 1.8 left.

Battle between good and evil here @ 588! 😄

I hardly dare say it but is there some kind of stability here? - Day traders seem to have folded their cards - perhaps the slow grind has finally begun?

Some positivity from journalists ( I use that word advisedly) . Poor show from Jarvis et. al, there just shouldn't be any 'hidden' positive news! Stelios would have been shouting it from the rooftops! A cautionary 599 before October - 650 afterwards? The Tango'd one permitting of course!

I've decided not to do the usual sell before the results - head says sell but gut says hold!

agreed on aim it’s like the wild west!

i’ve made money over the years buying in after dips like the dot bomb (although lastminute.com wasn’t too clever!) , brexit and covid swapping out oil for banking. my worst share buying nightmare however was a company called qpp who were basically automotive insurers who had allegedly developed a scheme based on a black box technology which would accurately be able to determine who was at a greater risk and thus develop fairer policy pricing! alas this idea and in fact the whole company was fraudulent- still to this day on the radar of the fraud squad (they have a 10 year backlog)- corrupt board the whole **** storm.

i followed the share all the way down from six quid to about 210 and decided to buy based on a published set of accounts subsequently ruled to be vastly over exaggerated but within a strange edict of the law only used in insurance of projected underwriting estimated premiums income or some such sh£te!

anyway as it dropped further i kept buying to bring my average down - before i knew it i was in deep do do. hundreds of k under water - sleepless nights it was all i could think about!

i eventually had to tell my new wife what i’d done - she’s not easily fazed so kinda shrugged a bit! i resolved to sell half at a quid and take the hit - i stopped looking for a week for the sake of my mental health and on the friday my wife said - you know those shares you ‘sold’ they’re 30p now!

so i thought ok **** or bust and managed to buy at 38p - miraculously they proceeded back towards a quid helped by a deranged offer to buy by aussie solicitors slater and gordon - another set of ambulance chasers!

they eventually bought for 160p or so and are still trying to recover from that disastrous purchase 10 years on! i still managed to lose 60k or so - this was the aim market - it really is like the freakin wild west!

silver lining is that you can use a loss to offset gains tax for a few years after!