Member Info for DonutKing

The increase today is all about the positive trading update from Jet2. Others will tell similar stories over the coming weeks.

No sign of people avoiding a summer holiday abroad at this point…..

A very positive update and a nice reaction in the share price. The whole travel sector is responding well too.

Wow, how alarming…inflation figures are so unpredictabl, I wonder what will happen?

Oh, hold on, apparently there are loads of forecasts available on google! January rate of 4% likely to increase to 4.1% 9due to stronger airline prices which typically drop in January but haven’t this year) and will then drop to about 3.6% in March.

Doesn’t feel to me like any of that is bad news for the travel sector shares….

Just saw the resolution to buy own shares, does anyone have an info on what volume/value they might buy back?

JP Morgan's analyst Harry Gowers upgrades his rating from Neutral to Buy. The target price has been raised from GBX 520 to GBX 690.

My quick calculation is we need to be around £5.80 at the moment to get inside the top 90 and therefore gain entry. That said, I have no idea how much the share price will change because of it. There will be ftse100 funds needing to buy and ftse250 funds needing to sell.

Does anyone have any info on what’s happened to other companies who gain entry?

I suspect not. Last years update was centred around communicating an expected profit outside of forecast, so needed to be done. If current forecast is in line with projections then they will wait until the end of April to give year end (to 31st March) update.

Nice report here on customer service.

https://travelweekly.co.uk/news/air/jet2holidays-ranked-highest-tourism-company-for-customer-service

Try tapping on the Financial Diary tab from this page……

I prefer the review immediately below it. I think they’ll use EasyJet again. Your complainer clearly doesn’t believe in reading information/travel much if they thought they could just turn up with a suitcase they hadn’t paid for…..

Bloomberg TV suggesting the $20bn spend on aircraft was weighing things down at first glance this morning but analyst now looking at dividend and forecast profit per sear up from £7 to £10 which is reversing the initial 4% drop to only 1% down now…..let’s see how this plays out today!

There is on this website! I could have been clearer….

Try clicking on the Financial Diary tab……

Nutmeg,

Poor reviews can give individuals insight if there are numerous alternatives to select. There are also plenty of happy customers who have rated them and millions who have travelled and left no review.

I’m interested to know who you think are the alternative providers you believe unhappy easyJet customers will choose to fly with instead?

CWWX,

Quite an aggressive shout down when the facts suggest otherwise. Was that necessary?

From the ONS:

https://www.ons.gov.uk/peoplepopulationandcommunity/housing/articles/researchoutputssubnationaldwellingstockbytenureestimatesengland2012to2015/2020#:~:text=Of%20those%2024.7%20million%20dwellings,a%20mortgage%20or%20a%20loan

This model estimates that in 2020, across all local authorities in England, there were 23.2 million households living in 24.7 million dwellings.

Of those 24.7 million dwellings, just under two-thirds (64%) were estimated to be owner-occupied in 2020. For most of this analysis, this is broken down further, giving the following four tenures:

8.8 million (36%) were owned outright

6.8 million (28%) were owned with a mortgage or a loan

4.8 million (19%) were privately rented

4.2 million (17%) were in social rent, mainly rented from housing associations and local authorities

I would suggest the majority of those without a mortgage are retired with plenty of time to travel so are less affected by increases in interest rates, apart from a better return on savings.

Nut, you’re just getting a little boring with your posts. You’ve made your point, and most appear to disagree. You’ve tried your best to share your concern.

In the absence of any apparent shareholding/shorting, you are either deramping to get to a point to buy in (as if any comments on this board would actually shift the share price), you have too much time on your hands to follow a share you have no interest in holding, or, and I think this must be the reason, you hold shares in Trustpilot.

Have a rest, we’d all appreciate it.

So to reflect on that statement Nut, 5 in 6 ARE having a summer holiday because they are not cutting back during the “cost-of-living-crises”!!

80k shares or £80k shares?

If 80k, I take my hat off to you, a lot of eggs in a basket that’s stuck on a roller coaster!

Buying planes isn’t a sign of weakness. No one is forcing them to buy them. £1bn in cash at the bank, purchase of planes would be listed as an asset, more fuel efficient planes is an upside, growth of the business is what shareholders are looking for to increase business value.

I don’t think buying planes is the reason for the share price being where it is…..not sure what explains the drop to be honest.

You might be mixing it up with Jet2 that reports tomorrow……