GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
We saw in October last year that despite the unnatural events lifting that recovery wasn't without setbacks. It will trend up likely to £6+ in my opinion but confidence will start weak.
If we see this for what it was an organised event crushing the share price. It's either over for now or they have their fill at the expense of weak hands and want to take profits at much higher levels.
Stumpy surely the question should be what was behind the drop after the positive H1 results. The whole thing just like October 23 was the most obvious scam.
Now they let it go until the next time. It will go above £6 in quick time in my opinion
£6 will be well before the end of the summer.
The drop after results like October 23 was due to outside forces. Nothing to do with the results or anything affecting easyJet. Big money controls the price, play their game. Now they let it rise. At some point beyond £6 the bases will be loaded again for round 3
Whilst TUI as a group are doing ok it must be stressed that they don't perform well. Given that they are 400 hotels, 16 cruise ships, 130 aircraft and 1200 travel agencies. Ultimately the platform depends upon success at every level within the group.
By contrast this year easyjet will make around £650m just from the airline and the holidays as a bolt on. When it comes to risk and profitability I would vote easyJet every time over TUI.
Easyjet will eat a big chunk of TUI as TUI are inflexible with duration and departure points, times and days.
Easyjet are uniquely placed as they have 100m seats to expand into. The German holiday business is starting small from nothing but definitely has market traction. The aircraft fly regardless south from Germany but some of those seats are easyJet holidays seats.
The UK south routes are the bulk of the capacity over the summer. Malta has additional flights from Liverpool and many people now come into the holidays catchment.
The DIY holiday is dieing Airbnb is generally accepted as a rip off and UK people are not confident enough to find local accommodation directly. Then there's transfers or hire cars.... Easyjet holidays has timed their growth perfectly.
Oil $77 Brent...A1 dropping at the pump across Europe.
I live in Spain too. Costa del Sol and it's definitely going to be the biggest for many years. Covid changed priorities and holidays are above consumables for most people. We are seeing a move away from the DIY holiday back to the package. easyJet holidays leads because they are packages but with DIY convenience. Multiple routes into Málaga this summer with easyJet and Vueling dominate.
H2 they will make £1bn profit with £250m in this quarter.
Yes but that's with commission hungry travel agents. Easyjet holidays are mostly sold direct. The fact remains that for Jet2 to add volume they have to add flights and staff. Easyjet just swap out seats already in capacity.
Jet2 can't increase in response to demand. The only restriction on easyjet holidays is bed space and they have a very broad hospitality profile.
easyJet holidays will add 40% this year. That type of growth at Jet2 is impossible without significant investment and lead time.
The difference between easyJet and Jet2 are easyJet is an airline first and Jet2 are an airline by default.
70% of Jet2 seats are holiday, easyJet last year just 4%.
Obviously easyJet has many many more flights but it illustrates the potential of easyJet holidays. They can double or triple without needing more aircraft or staff.
Jet2 growth is much tougher and will involve significant investment.
The market response to easyJet results was a scam. Exactly the same October 23 down 90p on good results.
This is very easy to achieve. Results delivered, massive sells in opening auction, everyone sees the drop stop losses triggered and panicked sellers drop the price. The momentum lasts a week or two.
A few rocks thrown creates a landslide and those controlling the market win, the small investors get scammed.
See it for what it is. This company is doing very well, results were strong. Right now they are making nearly £3m a day profit. They have a holiday business that's out pacing all competition and will seriously squeeze ryanair and Jet2.
H2 they will deliver around £1bn profit and pay a dividend on 20% of £650m.
Remember the incorrect headline on results morning saying that they had missed their H1 target of £340m when actually they hit dead centre on £340-360m.
That was a very powerful force and part of this deception. When that big money is ready to take it up it will and us with it.
The share price reflects many things. The fundamentals are a small part. The mood of the market, the trend, the wider economic situation of investors and external players manipulation are the bulk of the drive. The moved down on strong figures at the point of release. Once it opened down people sold.
That's not how it should be.