Member Info for fatprofits

They made over £90 million pre tax (pre exceptionals).

This may not be cycle low profitability, however we may be closer to a a cycle low SP.

As a 3-5 year recovery buy it may be interesting, providing

we are not looking at a further deterioration in wider macro.

Hopefully this will be a very limited spread outside of Africa, however it may be worth keeping an eye one.

Mentioning re airline travel.

That reply neither counters the point I've made or makes any sense.

And tbf you can not counter my comment on the SP action,

as it's factual, rather than subjective.

To reach the pre COVID SP peak now requires

a rise of approx 830%.

Wizard of Oz vibes.

Bought a very small amount.

Reside in an alternate reality.

EZJ traded Over £9 a share in May 2021,

a year after COVID first hit.

The SP is now near £4 a share, yet posters refer to EZJ as...rock solid.

Increasing - does not necessarily mean recession.

But EZJ will be unable to buck an equity market sell off.

There are recent updates from several companies pointing to a consumer under pressure.

My a*rse it is

Not holding atm, however it would be unusual for the courys to allow the financial destruction of the company

to pay legal settlements and litigation will be a very long process.

In the case of bifg tobacco, the courts allowed settlement of claims over many years.

I don't know, now does anyone else, what the outcome will he for RKT.

But they arguably did not need the second equity raise

to navigate COVID.

The share dilutive aspect of the capital raises was hideously expensive with Over 70% more shares in issue than pre COVID.

However, we are where we are ..etc.

Https://corporate.easyjet.com/investors/regulatory-news/news-details/2024/easyJet-PLC-Pricing-of-Debt/default.aspx

Firstly, you can check the EZY credit rating.

In terms of how many unencumbered aircract EZJ own,

that detail should be in either one of their presentations, or annual report - debt information is also contained in an annual reports, increding bonds duration, coupon etc.

A director buy or two...

Easyjet and Whizz merge...

Is there an obvious reason I'm missing on this...

Better than I expected tbf.

One Ryanair ADR equals 5 Dublin listed shares

and then convert in to USD.

That's a huge % premium..?

Will have a look in the morning.

* CFO references the credit rating on the presentation.

* Now BBB + (that's another notch higher, I think)