Member Info for MaryBr190

Guess there will be aprehension ahead of the results next week before either the confirmation that all is great or the slowdown in China is worse than feared.

Take you positions !

Yep agreed with it all. Thanks for the link. 669p coming soon

The easyJet share price (LON:EZJ) drops 14%! Should investors buy the dip?

Last updated 1st August 2023

easyJet Share Price Down 14% Buy Dip

Despite posting yet another solid trading update for its third quarter, the easyJet share price (LON:EZJ) continues to lose steam. That said, there may be a buying opportunity for those wanting to buy easyJet shares on the cheap for long-term wealth creation.

Despite the high expectations for its Q3 trading update, easyJet managed to beat most analysts’ expectations. Nonetheless, the easyJet share price was still weighed down by numerous factors. These include the recent air traffic controller (ATC) strikes, a recent rise in oil prices, and poor guidance from its peer, Ryanair, thereby clouding the company’s outlook going into the winter. Even so, the airline still posted a solid set of Q3 figures:

Revenue grew by 34% to £2.36bn;

Holidays pre-tax profits more than doubled to £49m;

Headline pre-tax profits soared by a staggering 278% to £203m.

Overall, investors in easyJet shares will be delighted to see the firm’s passenger numbers growing towards their pre-pandemic levels. Meanwhile, its load factor also hit 90%. This was complemented by the growth in ancillary revenue, which includes add-ons such as baggage, seat selection, onboard dining, etc., thanks to an improved offering of goods and services. As such, it’s a surprise to see the easyJet share price doing so poorly.

Aside from that, ticket yields across all segments also grew by comfortable double digits. This allowed easyJet’s headline EBITDAR to grow by an exponential 261%, while margins grew by an impressive 15.8% — all of which are positives for easyJet shares.

Additionally, the business’ Holidays segment continues to climb at an unprecedented pace as it doubled its sales over the past year. Therefore, the board upgraded their guidance for Holidays to now generate over £100m in pre-tax profits for the year — up from the £80m projected last quarter. And with more growth in the pipeline from the launch of Holidays in Birmingham next summer, the easyJet share price may be set to fly higher.

Those invested in easyJet shares may also find some comfort in that travel demand doesn’t seem to be slowing down either. According to CEO Johan Lundgren, the travel operator’s winter bookings are up by more than 100%. Thus, he has plans to increase the budget airline’s capacity by 15% to meet the needs of strong winter demand. Considering the fact that winter is usually an unprofitable period for easyJet, these are encouraging signals.

I noted that however the notice is overdue - last year 29 July.

When the interims are out and the direction of travel confirmed this should head North.

Thanks dnp, and also those in the 6p club.

Yes but IPF treading water near 3 year highs.

£ for £ - I would expect a better return on 122p in VANQ given where we are after the drop.

GLA

Keep an eye on RNK too, could go sharply up.

Incoming director confidence in buying at 109p bodes well. bet he wishes he had bought in the low 50s too.

Seems the market will wake up soon enough.

We must be due a RNS re the results date so can only assume Per is in the know.

Plenty more to come

The news flow, potential and contracts already inked.

Our reputation and recognition for handling large complex vessels in Belfast is growing globally and this bodes well for a number of similar outstanding bids that we have made. We expect the Belfast yard to be busy over the course of the summer and it is pleasing to see the momentum that is developing in the yard".

Early days yet, I am rarely shocked by a report but this had sell all over it and in the past it has ben 25% drops + and then more.

Contrarian is a buy opportunity hoever the will be better entries imho.

Probably none, tin hats and 30% fall I guess.

Buying opportunity of the year. Good luck. No holding.

Keep adding.

Never a corpse Trish, a slumbering giant, like Finn McCool maybe.

This has the potential to go vertical as everything lines up.

Mutibagger as people wake up to the reality and profits exceed mkt cap.

Ftse 350 in the future and may pay dividends hat equate to the current share price annually.

Exciting today, just the start.

Yes out of the 250 in the Aug reshuffle unless it perks up to 180p+ which seems a stretch today

Date Time Trade Prc Volume Buy/Sell Bid Ask Value  

31-Jul-23 16:30:03 14.90 10,698 Buy* 14.00 15.00 1,594 O

31-Jul-23 16:29:30 14.485 48,325 Buy* 14.00 14.50 7,000 O

31-Jul-23 16:28:33 14.2783 52,569 Buy* 14.00 14.50 7,506 O

31-Jul-23 16:25:19 14.50 49,142 Buy* 14.00 14.50 7,126 O

31-Jul-23 16:23:22 14.375 40,361 Buy* 14.00 14.50 5,802 O

31-Jul-23 16:18:38 14.40 16,040 Buy* 13.50 14.50 2,310 O

31-Jul-23 16:17:09 14.00 50,000 Buy* 13.50 14.00 7,000 O

31-Jul-23 16:14:29 14.00 25,000 Buy* 13.50 14.00 3,500 O

31-Jul-23 16:14:29 14.00 25,000 Buy* 13.50 14.00 3,500 O

31-Jul-23 16:12:27 13.777 23,696 Buy* 13.50 14.00 3,265 O

31-Jul-23 16:10:33 13.985 25,000 Buy* 13.50 14.00 3,496 O

31-Jul-23 16:09:59 13.985 15,000 Buy* 13.50 14.00 2,098 O

31-Jul-23 16:09:05 13.90 25,000 Buy* 13.50 14.00 3,475 O

31-Jul-23 16:05:34 13.50 10,000 Buy* 13.00 13.50 1,350 O

31-Jul-23 16:05:33 13.50 10,000 Buy* 13.00 13.50 1,350 O

31-Jul-23 16:04:50 13.50 10,000 Buy* 13.00 13.50 1,350 O

31-Jul-23 16:03:09 13.50 58,000 Buy* 13.00 13.50 7,830 O

Closing price see link on my last post

Working link hopefully

https://www.hl.co.uk/shares/shares-search-results/h/harland-and-wolff-group-holdings-ord-gbp0.01

Https://online.hl.co.uk/my-accounts/security_details/sedol/BLPJ127

The 1 year chart looks like 16p is a pivot point to break through.

GLA - it seems our boat is coming in !

Not quite , generally add on bad news, at each drop after assessing the reason and is confident increase in great quantities and get an oversold low average in. Hard to pick the exact bottom.

Worked great with BP, 888, CPG (@£10 it was blind faith)STAN HSBC AGGREKO and many many more - what great rewards can be found with a buy, add and hold (for solid companies)