Member Info for TrojanHorse

Increased position https://www.theaic.co.uk/aic/news/industry-news/henderson-smallers-adopts-high-conviction-strategy-to-fix-returns

Also just clocked JPM upped the Wizz price target today, doesn’t make any sense.

Absolutely agree, law of the jungle, I hope they have good conflict policies.

UBS just smashed an £8 target on it.

Buy recommendation by the FT, good signs https://www.ft.com/content/ae717ea5-3e15-4ad3-ae7f-059ef996cbb7

Oh no, a two hour software update. How will they ever recover.

Sit tight, results and forecast were good.

If this was £8+ possibly but my goodness this just beat top and bottom, confirms why the lack of IPOs at the moment.

Strange reaction, it was priced before today’s results with a JPM negative catalyst in mind, we now have the results which beat expectations including no apparent new concerns.

The whole analyst estimate side of the market really needs to be reviewed.

Bizarre reaction - Harry vs retail

It was telling when reports of a potential MSC bid came out how quickly some of the sell side analysts shot it down. Anyway, for some comfort watch the 30 year Stelios fireside chat, 100m passengers https://m.youtube.com/watch?v=K6594nAvuFk

Lufthansa, Ryanair, and EasyJet are celebrating Germany’s €350M air travel tax cut, a move that is set to transform the European travel landscape. This strategic decision, backed by the German government, promises to provide significant relief to airlines and travelers alike. With the tax reduction, airlines like Lufthansa, Ryanair, and EasyJet will have more financial freedom to expand their routes and reduce ticket prices, making Germany more accessible to tourists from all over the world.

https://www.travelandtourworld.com/news/article/lufthansa-ryanair-and-easyjet-celebrate-germanys-e350m-air-travel-tax-cut-what-this-means-for-cheaper-flights-boosted-tourism-and-hotels-in-europe/

Mad day!

Not that it means anything, but Barclays maintained overweight today pt £6.75 Rothschild and co Redburn marked as a buy, pt £6.80 on Friday.

This should provide some comfort

easyJet Upgraded To 'BBB+' On Robust Operating Performance And Balance Sheet; Outlook Stable

https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3449834

FYI https://news.sky.com/story/french-air-traffic-controllers-call-off-strike-sparing-disruption-for-thousands-of-travellers-13444182

More positive signs

https://travelweekly.co.uk/news/easyjet-holidays-and-tui-boost-atols-in-latest-renewals

Suspect you all know, but September Wizz air traffic numbers came out today. Quite robust numbers, can’t see why it wouldn’t read across https://www.asktraders.com/analysis/wizz-air-shares-climb-on-strong-september-traffic-and-sustainability-recognition/

FYI S&P upgraded their credit rating for easyJet from BBB to BBB+ with a stable outlook today.

Thanks, whilst interesting it’s very difficult to read across sectors or how a slowing growth in GDP would impact consumer spending and what relevance that has to airline/holiday demand. This article for example suggests spending on holidays are a priority above other discretionary activities https://www.independent.co.uk/money/holidays-travel-saving-luxury-cost-b2821788.html