RE: Slow9 Nov 2023 19:52
Well Doomster I must admit that it is jolly sporting of you to finally admit that your commentary/predictions on IAG/EJ/RR//Ryanair/Birg etc is total drival although it is the only conclusion you could arrive at. Better late than never.
You should forget about government intervention in commercial activities as it never works.As pointed out to you quite a while back , an airline like Ryanair, starting from a greenfield site with no government support, at the end of the 80s ended up 30 years later with a greater market value than a combined A Lingus/ British Airways/ Air France etc , with those airlines having the common factor of being set up with government support. Not only that, they were unable to survive post covid without the same governments bail outs. Cannot dispute the FACTS. If voluntary luggage costs removed no doubt airlines shall simply put an add-on to the passenger ticket and this shall apply to all airlines,not just Ryanair. At present the passenger has the option to bring whatever luggage they wish,with some carrying zero cost. Have never known government intervention to work for the consumer's benefit - above their mind set.
Do you agree with the TP of 25.50 for Ryanair set by G Sachs, JP Morgan ,Davy etc. Maybe on the light side especially when you consider the profits figure just released by Ryanair.
You appear quite excited about the 10.50 plus/11 spring price for BIRG. In my language 10.50 plus covers a range even extending to 11 and beyond. Your silence is deafening on whether you consider a p/e ratio of 5.5 is excessive for BIRG with a price tag of 10.5. Perhaps you will shock the board with an opinion.