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Market cap over Tim.
2018 = £9B
2020 = £7.5B
Today = £3B
So can easily double, most of the loss was against the start of the war. Hoes that going now I'd say the war has had close to no impact on schedule. Oil similar to 2018 levels.
Yes, got to hand it to Ryanair, at 6B Euros in sales and 1.5B gross profit and coming out of covid with a better reputation than EZJ and most UK airports. . Find another company with those kind of margins. Ryanair market cap is 5.5x Ezj. Rewards are still heading this way i think.
Well, IAG probably worked out that adding a short haul airline would help (namely TAP or Easyjet or both). They can also count too ... IAG Board 'erm ...lets but a airline worth £2.9B that has £3.6B in the bank?'
No chance the board at EZJ are on for this but can they defend against a hostile bid with the corporate major share holders?
Well, revenue up from £1.4B to £5.7B, lost £60B on the exchange rate. Narrowed expected loss from £1B to a mere £0.17B. £3.6B in the bank so we can last a good few years like this.
Well erm, I guess not losing another £1B is a step in the right direction. I'm keeping the faith for another year on this one. I doubt we will ever ever ever reach the £15 days but hey ho.
gla
Ryanair hopeful of 1Billion profit in return of pre covid performance. How far behind will easyjet be? can't be looking at a loss now. Maybe £250M at ezj?
https://uk.investing.com/news/stock-market-news/ryanair-hopeful-of-hitting-1-billion-euro-profit-this-year--ceo-2736543
Thanks Stille for pointing out that investing has its ups and downs.
Still in here, not much bad news really, another week of school holiday fares going reasonably well so hang tight.
GLA
Another week of smooth summer holiday getaways, half way through the golden period now and nobody's getting a sniff of a refund or compensation, fares up 30% YOY.
The baby steps of progress are slowly feeding into share price. I reckon an overall profit this year, maybe between £40M- £80M.
share price £5 by autumn. token buy back perhaps with the cash pile.
GLA, (mini clause: not you rude ones)
Long term this share is only going to rise.
This is in line with 80% of broken and 80% of pundits. A short is a position against the market, just for greed / gambling / short term lunacy really.
Maybe have to wait for next quarter or next year but market price will catch up with real value given time.
Still fantastic long term cash generator here.
Still no significant airport or flight meltdown since the slight heatwave disruption. Booked holidays running relatively smoothly, top prices being paid. going to be a sell-out at TUI and Jet2. Vacancies filling.
All positive at the minute. return to profit soon.
GLA - Don't get personal - you'll never all agree.
Anyone know when the results are out? How can this not rise given the ticket prices and load factor. Could be 90% of 2019 which is surely 200% of 2021.
By the way, my holiday is going great. Rammed everywhere, bars, beach, pool, excursions, all rammed.