RE: RYA v EZJ - views please, thanks.22 Sep 2018 13:19
i hold both off these stocks. Roughly £20k each.
I however dont know much about airlines, am a very infrequent flyer as i prefer to drive on holiday. My ezj shares are on a free ride as i bought them at what simply appeared a stupid price when they plunged last year, then initially went down, then come back up and i top sliced off my original investement. I shall just retain these for the divi or until i can dispose of them using my future CG allowances once Brexit is over, when i see them rising quite higher.
Again, my Rya, i bought these as a percevied 'value' stock having seen the price go down substantially over Brexit worries that have spooked the sector. My own view is that fear has been overdone (seriously, are we all going to stop flying?) . Initially i anticipated a bit of a jump up and a quick exit with say 10%, which hasnt occured, so am holding longer term on the basis i'll sell when myntarget price of 16/17 arrives, if it flys with possitive Brexit news i may wait longer.
What you choose to invest in and how will depend on your style of investing. Id describe me as a income seeking (i hold lots of oil stocks for example) oppertunist value invester with relatively deep pockets and an appitite for some considered risk, i dont spread my exposure far as usually recommended and jump in with decent monies. My name on here doesnt reflect my style at all lol.
So in short, i have a foot in both airline camps as above, but cannot offer thoughts between the two businesses, although they are wildly different in their operational (and PR) style. Am not a great fan of buybacks, but can see the theory, and mikeys company image isnt as good, i see rya as the aldi of airline, Ezj maybe the Morrisons, and as a more 'friendly' appearing company which people would choose if given a straight choice - but then if we can save a £ we all try too wouldnt we.