Member Info for Worya

I think if stelios wanted to make this more difficult he would of already done so.

Market was very jittery yesterday as likely the share had edged higher then anticipated and the pulled back is reflective of the challenges facing this takeover proposal.

Im still in 100% maybe that's foolish, but alot is riding on the outcome of this Sunday. I dont anticipate any further news until the weekend when markets are closed and then either a sharp drop or rise on Monday.

Bast case scenario is we get a £7+ offer approved by the board

I think they are, both dont want this to continue and are happy it's now behind them.

The only real problem I see going forward is Israel putting a spanner in the works.

DEC is likely only down on market sentiment. Also it's 25%oil based now so lower pil prices do have material effects on income.

Again longer term I expect this to rise but short term, next 1-2 month the sp would be depressed. I am tempted to jump back in at current price but all my money is tied up at the moment, and i feel this has a little more to drop before it starts to creep up again.

Gd luck for those already in

What happens if no further bids come in?

Do we still get a vote

And I suppose this information is coming from the highly reputable source of.... Trust me bro

Nice to see the SP moving up, shows market confidence the deal may happen. Big market boys normally know stuff we dont and im sure castle lake lot and big institutions have back channel communication, us PI's aren't effecting anything at current volumes.

Still a 17% upside to the latest offered price, so it's not a sure thing, but looking more and more likely.

Im hoping castle lake come in with a slightly higher offer to convince the board to accept or ag least put it to a vote. Anywhere from 650-700.

I know alot of people see more value in the stock but how long will it take to get there, would it not be better to take you profits and reinvest somewhere else ?

Can someone explain to me what the difference is between a hostile takeover and the current offer process ?

Sorry I'm new to companies being takeover /sold

Thanks for the post.

That would really be interesting. I think £7 would win over most share holders and board would have to put it to a vote.

That's would £6000million (£6billion) I presume.

That would put a bid at around £8.

Do you have a source for this

Well it's been a very hectic day.

Offers and rejection, clearly castlelake are going for bottom dollar offers, nothing is suggesting the easyjet board would accept this, especially as the company is financially sound.

The last move by castlelake is a sign of desperation, which is a shame as if they had made genuine offers to start with (opening bid 625) they may have ended up with a purchase of around £7.

Either way what this does show investors is that easyjet true worth is more then current sp and that the company is financially sound.

I've only recently dipped into the share so would be happy with any offer over £6.25, but can long term holders wanting more.

Good luck everyone, we might yet see a closing offer before friday

Great feedback trek and Ace

I'd add to this that the recent breakaway from OPEC by UAE will likely result in a supply war with both pumping out maximum levels to ensure they keep or take market share from the other. Add in the reduced demand and this will point towards lower oil and likely gas prices in the future.

DEC is still well positioned with hedges and good gas flows, also American gas market is somewhat insulated from global gas prices as its basically already cheaper then anywhere else

While I agree the company has more value, I wouldn't rely on anything that comes out of the montey fool. Typically I use it as a barometer of things going in the opposite direction of what they state

Any one else notice we've suddenly had a large amount of brand new posters, with new accounts posting on this share board ? Something doesnt feel right about that.

On anyone who is making predictions on offer, this is all speculation and we no here really knows, we just have to wait and see what castlake will do

I dont understand, if the shorts are reducing who is selling all these shares to depress the share price

Keeping an eye on this, expected drop post peace agreement although took much longer then I anticipated.

Will be looking to jump back in around 9 or lower if it ever hits that

Wow this is unexpected, given recent news and the straights opening again would have expected an uptick, even if slight.

I suspect give the 30+% this stock has already had in recent weeks because of the potential take over bid it's found it hovering place until either a bid materialises or doesnt.

Other airlines are just playing catch up at this point.

Im holding, let's see what the future holds for us

Osaka

Not sure the review on X is so balanced.

Through out this and other conflicts Iran has generally only retaliated and never initiated.

Also Iran appears to have taken a somewhat restrained pproach, they didnt attack civilian areas for the most part. It hasn't closed the red sea via Yemen proxy. It has worked to de escalate but not leave it allies in Lebanon without support.

The situation with American has gotten so bad I am now genuinely waiting to hear from Iran regarding peace deals /ceasefire to see if the news is correct ot not. The long term damage this has done to the america /Israeli credibility.

Coming back to the point of Iran needing a bigger bully, im not sure that works with them or other cultures where someone forgein comes in and trys to establish their culture which is alien to indigenous population. Think Afghanistan and to a lesser degree iraq.

Either way im glad of the news, driving up the sp nicely, just waiting for a good offer to come in and this share will be sorted

I think this news was apparent towards the close of play today, that's why a few stocks too a nose dive just before close.

Remarkably easjet seems to be going against the grain.

Sparhawk

Thanks for the link.

Im not sure when the short sharp spike today, could be related to this news or one of the hig players knowing something we don't and Adjusting there position to reflect this.

It's all good news .... can we break £5 this week ?

Todays SP has broken the trend and has ended the day slightly down/flat

volume of shares is also slight down flat at 6.35 million ( compared to recent average of 7.48 million)

This suggest the market is now waiting to see what is happening next with potential bids.

I have no doubt good news / mood music would drive this up and vice versa bad news / no news.

It looks like things are heating up in the kiddle east. Iran has just launched missles against Israel in response to the increasing attacks by Israel on the capital city of Lebanon.

I'm not sure how much this will escalate things or maybe start to focus minds in Washington this thing isnt over and maybe fast forward negotiations a little.

It shouldn't have a material outcome on the process of the castelake bid but id expect share prices of most things to be down tomorrow