Member Info for max_run

It's a bit flat this week ahead of annuals in 7 days. Is this the start of a more boring stable period?

In the same boat (or Cabin) as longinvestor. Huge investment here average about £5. When it pays off big, then its index trackers till retirement. Plenty of time to wait it out and time an exit. It might be back above £10 in long term.

Be patient peeps, £5 is your promised year end gift.

Go on, roast me! I don't care!

:-)

Completely agree, Drip pricing will hit fees to check in and other industries like car insurance . Not really easyJet's worry

But Easyjet are not the worst offender of drip pricing. That goes to the main competitor.

This law will be neutral or beneficial.

Good news on the oil price. plenty of reserves about too.. I'm expecting reductions due to widespread private car electrification (Car use takes 51% of oil and 2023 shows BEVs hitting 15% of new sales + PHEV another 10%). by 2030 oil use should show significant decline so we can see how OPEC want to argue whos cutting production (and therefore income) to prevent a collapse in price.

Ryanair profits approx 8% of market cap

Easyjet profits 15% of market cap.

Discuss :-)

Anyone still shorting or holding out for £3? :-)

Https://www.telegraph.co.uk/business/2023/11/05/easyjet-hack-investigation-abandoned-limited-resources/

We are dangerously close to finishing the week higher than it started. Not had that for quite some time.

Just checking if anyone wants to start a war, pandemic, strike, hurricane in the next few hours?

What's a blue day? :-)

Hopefully now at the bottom (Market Cap £2.7B) (5x Profit)

I live in hope

Pretty much agree. Investors should get a return and the previous rights issues and placings should be reversed ahead of renewing fleet and resuming dividends. the only thing to say is that the money is not spent yet, and i expect the $19B is list price, probably getting a better deal than that and it's over a long period.

Stelios is a less significant shareholder now due to not participating in the rights issue. I would personally welcome Johan moving on and someone who can renew easyjets core business as we progress back to the core, customer of independent traveler, weekend breaker, short haul business, second home commuter crowd.

It's the EPS consensus. Different to dividend. The dividend is the bit they decided to pay out. The EPS is what the profit is per share before tax (if I'm not wrong). It means that the majority of profit is being used not for dividends.

To give some perspective the EPS of Google is $5 per share. Shares are $140 each.

EZJ is .89p per share, shares are £3.66

It's not long until Nov 28th. Earnings Per share consensus is 89p. 89p per share.

So we will roughly be earning the same each share as in 2019 when shares were £15.

Probably tank then too.

Easyjet has 330 aircraft. a new A321 NEO list price s £100M so anyone looking to expand their fleet can buy the entire company for the price of 28 new airbus planes. Madness continues.

Batten down for more madness. When will it end?

Pretty deflated here. Makes no sense as others have said. 1% Divi gives 5% drop.

Before covid the company was worth 3x what it's worth now. with less profit!

I can't believe that crappy offers to go private are not piling in tbh. no doubt when they do the corporate investors will be first to sign up for a knock down price.

I'll have another go based on annual profit guidance

758,000,000 Shares in issue (According to LSE)

45,000,000 10% of Annual Profit (45M of 450M)

-------------

0.059366755 Gross DIV per share (in £)

corp tax at 25% gets me back to about 4.45p per share?

Am I wrong?

Disclaimer: My maths is all on the back of a vape packet. If its 1% today then thats 4.3p so if someone more savvy can work it through i would appreciate it.

Great profit forecast, nice to see the target is to make £1B - (not bad for a £3B market cap company at all). Would like to see a buy back to reverse the rights issues and reward the long term sufferers who stayed and bought into the rights issue.

I think its about 1% yield in the first payment early in 2024 (£850M profit so £80M divi is about 1-1.5% if company is £3B and tax is taken).

Thanks for the well wishes. GLA. hold tight!