Lets hope that someone else watching from the sidelines comes in and starts a bidding war now.
I think CL will asset strip to regain some of their outlay and then relist in NY where it will be more accurately valued. Be interesting to see if they rebrand to get shut of stelios as well.
What's happened to that savage buffoon that kept telling everyone to sell under 4 quid and that it was going to be 3 quid soon ?? The one that didnt even own any shares but kept posting on here ! ! !
Please can we get an easyjet or HL situation going here to get this share price up. I am literally bored to tears with this now and just want to bail out at anything starting with 5. Probably the worst share I have ever bought in 40 years of trading. The fundamentals of the business seem sound but it's not being reflected in the market.
All the buffoons talking 8 quid or more are deluded. Also the del boys saying this time next year etc......
This is a business that operates on very small margins and makes a big loss for half of the year.
It's in a boring sector that the markets dont like. It's very vulnerable to bad news and based in a country that is going down the pan and run by idiots. Its capital intensive and has a boardroom full of number crunchers instead of drivers. If this deal dont go through soon it will drop like a brick and stay there because there are so many other safer and more profitable businesses to invest in.
For me today was the game changer. The board are recognising the bidder is serious and now it's just a question of the right number.
Giving them access to the figures is the right thing to do. I am now way over my average and seriously in profit on what is my biggest holding.
But I still think this has further to run and 7 would be brilliant for me. Let's hope the board see sense and accept 7.
From a business point of view this can only be good. The yanks will put new managers in place and drive it forward. It needs a stelios or o Leary or Branson instead a safe pair of hands boring accountant at the helm. Look what happened at RR since the biggest shareholder yanks forced a
All the clowns here saying it's worth £8 plus are deluded. This has been a dog of a share for years. Dividends are hardly anything. The slightest bit of bad news sends it through the floor and good results dont translate into a higher share price. I would snatch their hand off at £6 in order to bail out and put the money into something safer and with a better return. All this crap about " this time next year or in 5 years time " dont interest me. Stelios knows this business inside out and he has halved his holding in recent years. Bring on the hostile bid and snatch their hand off at anything over 6. Failing that it will drop like a brick again and stay there.
All the doom mongers on here need to look at facts. This has a great dividend yield. The fundamentals are great. There is a big dividend next month. The price fall is due to wider sentiment and nothing to do with the business. There is a huge share buy back in place. The yield is nearly 10% even if it dont bounce back which it definitely will. As buying opportunities go it dont get much better than this and I have been doing this for 30 years. Timing the bottom is very hard but with a long term view you cant lose at these levels.
Very soon trump and his mates that own him will declare a truce and markets will rebound just like he did with the tariffs last year but only after they have all piled in and made sure to make an absolute fortune out of it all on the backs of other peoples misery. Trump loves conflict but he loves money more.
More proof that markets are mad. Huge overreaction here as usual. A great set of results and more to come. Fill your boots before it bounces back like it always does. All the trades are now showing as buys after the knee jerk sellers sold at a loss.
It's great for day or week trading but nothing else.
The dividend yield is crap and sentiment is crap towards EZY. The ceo is no michael Leary and it's not exciting like tech etc. However the volatility is great and it swings on any news giving buying and selling opportunity.
If you are long term then switch to legal and general or MnG or similar for a vastly bigger dividend and more stability.
Those waiting for it to get back to where it once was might not live long enough to see it.
I don't get people moaning about this share. Its brilliant and I have done very well out of it in recent years. I sold yesterday at 497 and back in this morning at 481.
If you are a long term hold then you are in the wrong share a
Added more today at 561. It literally beats me why this is not bouncing back but I have no concerns. I have done incredibly well from Melrose this year and the fundamentals have got better. Guidance is good and broker reports confirm that all is well.
Keep the faith and buy more like I did when it was around 400p ! ! ! It's a well run business in a sector that's busy with good margins and high barriers to entry. You will kick yourself when it's back to 630 in the new year.
Last week on the 1st dec I posted on here to fill her boots and buy. I bought 10k at 558p and I made 6% in less than a week when I sold.
Well guess what .... it's back down again and I am saying the same again. This is a well managed business with sound fundamentals and good growth prospects. Its undervalued compared to the celebrities in the sector and i view it as a strong buy at the current price. The current volatility means its excellent for short term trading but also the fundamentals make it a safe bet for longer holdings.
Just bought 10k at 558. Typical market overreaction here. Fill your boots while it lasts before the usual santa rally in dec. Watch it bounce back once the day traders pile in and move it back to where it was around 600.
I cant make up my mind if I hate trump or love him. I have bought RR and MNG and L&G this week on their lows and it's a white knuckle ride. Hopefully tomorrow will see a significant bounce in London. It's almost like playing a casino lately ! ! !
At last some sanity is returning and it's on the way back up.
The business fundamentals will drive it back to 600 + once the knee jerk sellers and doom mongers have finished. Markets are always driven by sentiment and it's good to see people buying the dip and seeing long term opportunity while ignoring the short term noise.
I must admit that I was starting to question this in recent weeks and wondered if I had held too long having been in since around 120p and also having such a big % of my portfolio in one share.
Well today's results are pretty incredible and restored my faith. This must be going to 550+ now in the coming months especially with the reinstatement of dividend payments.