Member Info for max_run

Yes, i thought electric car on charge when I saw it.

Already 2 news disasters this week and still not really denting the share price ahead of the results tomorrow.

I think the drop is due to the Israeli conflict. remember it was £7 the week before the Ukraine conflict and that did not effect the business 1 iota.

Good job we are all long term sufferers here. Maybe get the £4 buy in target .

Consensus forecasts are now for revenues of £8.2 billion, up 42% and pre-tax profit of £450m.

Consensus for 2024 is for a further rise to £552m in the following year, by when the flow of new aircraft from Airbus should really be starting start to make an impact.

Are we seeing the start of the good times? Maybe the insiders are getting leaky on the best ever quarter results coming soon.

I would have thought ATC at Gatwick would depress these more. Looks like might have been factored in already as the industry is as leaky as Boeing condenser unit.

Hopefully Covid absence will be short term. Long term retirement and replacement / training issues need to be addressed.

Think how cool it would be if 100s of 18 year olds with super good eyesight and fast reactions were encouraged to get trained as ATCs instead of going to university and building up a pile of debt.

............with 70K salaries instead of 25K grad jobs/no jobs.

TUI reporting exceeding expectations even given the disruptions over the summer. Can we extrapolate this to EZJ results.

On review, well done to JET2. They made £400M of profit on on £5B of sales (over 10% of the JET2 market cap in 1 yr so I'm buying into JET2 more). They are a holiday business so a bit different but this is the fastest growing sector of the EZJ business so looking good for the results.

I'm expecting the EZJ revenue to by £7B+ so what will that translate to in profit. Id say the £500M mark even given all the usual summer travel disruption. Maybe not so much next year if fuel maintains its current level.

Looks like with easyjet using RR and CFM engines the airbus easyjet fleet is not at all effected by this issue.

That's the luck of the gods with long term reliability. An other PW engines lost the main fan once. The design is a geared main fan which has the main advantage of slower sub-sonic fan blade speed meaning lower stresses - but if the gearing fails its not good.

Slows the upstart eastern based Wizz a bit.

https://aviationa2z.com/index.php/2023/09/09/ntsb-blames-pratt-and-whitney-for-united-boeing-777-engine-failure/

Takeover is overblown.

Nice to see that crap share rag motley pointing out an expected divident return of 49p over 3 years and that they have funds to cover it 3x over. I'm still hoping for a buy back this year to ward off any hostile takeover.

gla,

Looking forward to the results of a company with £7B in assets with a market cap of £3B and an annual profit of what, say £400M.

That's enough to buy itself back in 7.5 yrs.

At some point the market cap will have to reflect this or it's takeover time. Can't say I'm bother either way now, just want my fair value.

So one measure of valuing a company is by adding up the assets and then adding on the 'good will' which would be the less quantifiable aspects like the reputation and customer base and the effectiveness of the management.

So today we have a market cap of £3B.

We know the planes and slots are worth at least £6B and the cash in the bank and other assets maybe £2B.

So I can calculate that the good will is MINUS £5B.

So either we are massively undervalued or the management competence wipes off most of the companies value.

Discuss

What time is the 'Big Drop' ? Did I miss it? All ready to bag a bargain here:-)

I expect this share to start climbing again as we approach full year results. It seems to always get hit hardest when the market has a wobble.

It's been the best year for Air travel since 2019. That's 4 yrs. I'm in this until at least reinstatement of a dividend or a share buyback to reverse the rights issues.

I'm betting my ball bag on this Nutsack.

If I want to follow every single travel development i know where the news website is.

Bit of a stinker this week. One day. This will fly. Hope I'm not dead by then.

I do wonder what it would take for this share to climb? free oil perhaps?

Buying back £500M of shares might help.

Restoring the dividend might help.

Just a couple of ideas for Jokehan

Record profit to be broken in the next quarter. What a great result.

"Based on current booking trends, the airline expects to deliver another record pre-tax profit performance for the fourth quarter, with revenue per seat up around 10% and cost per seat excluding fuel for H2'23 expected to remain broadly flat on the year."

Chief executive Johan Lundgren said: "Our Q3 performance has been underpinned by strong passenger demand for easyJet's network and services. We continue to provide great value to customers with around half of easyJet's fares currently on sale still under £50.

Anyone noting how much more oil you get for a quid since the pound rose 20% against the dollar.

I can smell £5