Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Why make it illegal just in the UK? If you remove short selling from the UK, then trades will be made overseas. London is already under fierce competition as a leading Global Financial center, this would surely weaken it further. Like the idea though, short selling is a pain in the proverbial :-) Have a good day.
Finally, the Unions have agreed on a new pay deal with staff... they get a whopping 20% increase on their basic, a 3.25% increase on their sector, and a one-off payment of £1,500 if they started flying before 1st Jan 2024. At least a costly strike has been avoided and makes EZY a very attractive employer of choice compared to Ryanair!!
@NuckyT... I share your frustration, but then I hold BP shares too and they are massively underperforming the O&G sector. There are so many factors at play at the moment, local, regional, and global. Added to that, we are in an election year on both sides of the pond, where the Republicans will probably win in the US, and Barmy Starmer in the UK. However, compared to many FTSE-listed companies, EZY is in a great position... healthy balance sheet, increased passenger number, new routes, share buyback, dividend, new planes ordered, strong holiday business, and back in the FTSE 100... and we aren't even in the summer months yet. I have no doubt EZY will start to show consistent SP increases soon, just need to remain positive and have confidence in the company... if you can, buy more at these crazy low prices as it will climb soon. Obviously DYOR, but hang in there. Frustrating, massively, but it will come good.
Sorry to sound a little dumb, but is EZY now listed on the FTSE 100? If not, when does this occur? If so, has anyone seen an increase in the volume of shares being bought/sold? Thanks. Happy Friday!!
Ditto @Learningtoinvest. God knows what macroeconomic challenges are around the corner, but EZY now seems well-placed and will hopefully demonstrate some resilience. As they enter the FTSE 100, I'm sure the big players will begin to take notice of EZY and begin to add it to their portfolios, especially at its current SP. There are so many listed companies that aren't paying dividends, have greater risk and exposure to political/economic changes, and won't have a robust balance sheet like EZY. This should, hopefully, begin to "take off" in the medium term. Have a great day everyone.
@Sundezena, and anyone else for that matter. I'm not bothered about Qube shorting EZY, it happens all the time with any stock. However, I'm curious to know, how long do institutions like this, keep this position open? Does it cost them money or does it only become "real" when they close their position? Many thanks... and like they say, every day is a school day.
Nutjob, well as one reporter has 147 passengers on board the flight and another reports there being over 150, I'm guessing having two colleagues on the plane would probably make me better informed than them. Glad to hear you've grown up and decided to move on from posting rubbish here... though the proof is in the pudding.
Nutjob... I had 2 colleagues on that flight. I can categorically state that nobody was terrified!! It's absolute bull5h1t news. Most passengers didn't even realise there had been an incident, while a couple of people said they thought they were a little low, but that was after the go-around.
Your posts waste everyone's time, including your own. It is very sad and quite frankly, weird, that an adult would spend their free time on a forum where they don't even like the subject matter. Very strange behaviour!!!
Your posts just waste everyone's time. You really are sad, spending your free time on a forum that you don't even like the subject matter. Very odd.
Thanks TheRealDeal2023... Interesting quote... "Shareholders would be keen to know what's holding the stock back when earnings have grown". Couldn't agree more. Onwards and upwards I hope, to a true representative sp.
I agree @CWWX... I don't think we will see a sudden increase in sp (though it would be nice). I'd imagine the big institution will increase their exposure in EZY gradually, as confidence in the stock returns (and as the dividend increases). Being back in the big pond can, hopefully, only be a good thing for the sp, though probably not as immediate as we'd all like.
Relatively new to this ol' share malarky. My portfolio is mainly BP with a small amount in Easy. Obviously Qube have reasons to short EasyJet, but I'm struggling to see what, with a large research and analyst team, they see in the stock to short it. I've done my own research and can't see any rationale to have this position, especially as we now move into spring/summer when all airlines get busy and start making serious cash. Can anyone try and explain what they see that most of us mere mortals don't? Cheers
@ Giggey ... my thoughts too... IAG are always banded around but they are saddled with huge debt, so doubt they could raise the capital to acquire EasyJet. Can't see many others in the aviation sector that have that type of cash or access to it (with current interest rates as they stand) to make a formal and realistic bid. I wouldn't be surprised if EasyJet don't build up a war chest and either significantly increase dividends or make a bid for a competitor, like Wizz. Maybe someone here on the forum knows otherwise.
I see people are asking when a bid could materialise, but realistically, who has the cash/balance sheet to make a substantial bid for EasyJet. Yes, the company currently appears excellent value, but that's reflected across the FTSE. The business looks in excellent shape. It would surely take a sizable bid for the company, but who has that cash floating around, especially post pandemic. Could EasyJet not be the one to make a bid for a competitor? Keen to gather thoughts on this. Ta
Peel Hunt raises target price to 850p from 740p
Happy Monday everyone
@idandy ... by all accounts, they are still negotiating. Unions are holding out for a better deal. Word is that EasyJet have do not have a desire for any protracted negotiations, especially if the Unions threaten a "walk out" (obviously). So, hopefully, this will be all resolved in the next few weeks. They have stopped 12/12 contracts and only offer new Cabin Crew 10/12 so gives them greater flexibility during the quieter winter period.
All indications suggest that EasyJet will increase the offer. They also ended offering new employees 12/12 contracts to give greater flexibility during the "quieter" months.
Its just a cold, mild flu at worse. Lemsip, a couple of early nights and plenty of water should do the trick. But if booster number 8 makes you feel any better, book in at a local GP Surgery (if you can get an appointment) :-)
Happy New Year all... wife works on the airline and said that throughout the Christmas period, pretty much every flight has been full. Strong sales with the onboard services too. Still recruiting extra staff and no signs of a letup in demand. Price definitely doesn't reflect the strong balance sheet and current travel demand in 2024. Hopefully, with interest rates steady and a little more confidence in the economy, we should see an uptick in the SP. Fingers crossed.
No substantive rumours of a takeover. IAG is always muted as a potential but I can't see that having the legs... they are up to their necks in debt. I'd be happier if EasyJet were more hawkish in their approach and became the hunter rather than the hunted.
What an absolute 5hit show. Not wanting to repeat the same messages about record profits etc, the fact that this stock continues its downward trajectory is ridiculous. I'm scratching my head looking at the ticker continuing to fall. Are we missing something?