Member Info for JoeKenny

Interesting Airline SP's today, EZY and IAG are seemingly undergoing a rerate, suggesting- perhaps quite rightly- that they're overpriced at the moment. Yet TUI is interestingly holding out around the 5 mark, even increasing

Anyone know why these have dropped so much today? Perhaps they were overpriced given the current situation?

Why is it going to crash exactly? Nothing has been approved yet

My opinion is that the SP will continue to slump until there is good news again to drive the momentum

I appear to be that man you are referring to, and I do not think it is quite so 'UNbelievable' that new highs next year will be reached, whether that be £20 or not. EZY has good fundamentals and if investor sentiment has the capability to almost double this SP in 3 weeks then I do not see such a price as being unlikely. You'll thank me for holding this long term, like I've said since it was £4.6...

I agree, always best to DYOR since those 'investor' articles are always a week behind at the least:

Here's some genuine articles:

easyJet shares: directors are buying. Should I buy too?
Yahoo Finance·1 day ago

The easyJet share price: 3 reasons why I think it could be set to soar higher
The Motley Fool·1 hour ago

- When realistically if you had done your own research and watched the news, then you would have known to buy in a month ago

Airline SP's travel tremendously upon the back of investor sentiment... once a vaccine rollout begins or good brexit news is announced I think we could see an incline to anywhere between 9-11 (throughout the course of next month).

Great long term buy will be worth 50-70p post coronavirus

Strong open tomorrow or not enough news?

Vaccine approval and rollouts from next week, hopefully some more significant rises to come

Yeah I think so, can see a lot of people buying back in.. whatever a company's fundamentals are, this is a bull market now. (Helped by the fact that TUI will be able to manage the debt no matter if it is a large debt...the company itself is UK's largest and has an enormity of assets and capital it could raise...but I can't see them doing anything right now to disrupt the positive investor sentiment)

Think the floor was reached at 500, only way is up now, only more good news to come... will hit higher figures again once vaccine approval and rollout starts!

Totally agree, there was a general slump across all SP's this morning, drops have now been factored in, great buying opportunity here now, hopefully will see a nice rise back to 5.70 today

Sold a load at 5.70 this morning and bought back in at 5.20, great buying opportunities here now

Think drop has been factored in, onwards and upwards to £9 now I say!

The colossal rises over past 3 days maybe lol

SP's don't move in a straight line, you also seem to forget that investor sentiment (based on news ect.) often far outweighs fundamentals, particularly when the world/markets have never been in this position (e.g the world is about to literally reopen in 6 months)

Stock is clearly undergoing a massive rerate despite the debt, like someone said on here, nothing will be fundraised whilst this sentiment continues (could well hit £7 before that point)

Investor confidence in TUI, backed by the certainty of a 2021 holiday exodus is considerably outweighing the debt sentiment (e,g we are no longer seeing the drops back down to 3-4 like we did with the initial vaccine announcements). This could easily reach £6-7 this year IMO

GLA as always

Another high opening tomorrow I think