Member Info for Xhita

I have started to move back in today. Buying below 190p for around £50k so far. It's been quite difficult to buy in big chunks.

The business model is perfect for these times. They have a massive portfolio of options at zero cost.

A dating agency for holidays without any commitment. No aircraft, no ties to any specific location.

It's crazy the share price has been more heavily punished today than an airline.

I guess that we'll wait and see.

I don't think he has much longer left. His past and his present are both catching up with him no matter how much he tries to make the world look the other way.

All the polls aren't fake no matter what trump says and his current actions are just making it worse for him. Midterms soon and it's going to be messy for trump.

I am ready to take more if the share price drops but I suspect it'll be quite limited. I doubt very much this will be a wider conflict as there's really nothing to gain and everything to lose for all concerned.

My guess is that they will try to take out top table.

Iran will build a security council to manage the situation beyond the leaders death.

Trump will claim victory., which of course is easy when you have no objective.

The Iranian situation won't have changed as likely the council were actually running the country anyway.

In 9 months time we'll be doing it all again but probably without America.

There's no leadership waiting to take Iran into an orbit acceptable to Israel. Netanyahu has an election this year and he can't win in peacetime.

Israel will be pushing trump but Iran's neighbours who also have trump in their pocket will be pushing against Israel.

It's happened now I suspect because Israel can see America is in the last few months of trump and it's now or never.

Lets see how it goes

Good luck. I wouldn't be disappointed with that.

I suspect trump will back off before the US market opens Monday morning. It's how he's done it before and I suspect it's the only part of the plan trump can remember. When you have no objective it's easy to say it's achieved.

Killing the leadership he'll stand back and wait to see what happens.

America aren't going to invade, they don't have the capacity and trump doesn't have the support at home

Hexy there's plenty of doubt in my mind, largely based upon the market reaction last time. What other countries are going to get involved do you think.

There's a reason trump does these things on the weekend.

Just look forward to the relief rally and the sharp turn down for oil.

If it's still going on Monday morning it'll be a good buying opportunity.

I think the situation in Europe is quite different to the US but we'll wait and see. The share price is already very low here unlike the US airlines. Downside is quite limited, it's certainly not going to stop Brits taking their holidays or summer bookings.

How was it last time trump bombed Iran...... How about when he bombed Venezuela.... When he bombed Nigeria, Yemen, Syria, Somalia or Iraq. When he threatened Greenland.

I think the world is becoming desensitised to this ridiculous behaviour.

Today I read about 8 exciting new summer destinations from Glasgow for Ryanair. London Stansted, Waraw Modlin, Krakow.... Just an increase of one flight a week to Málaga is actually a summer route the rest are just routes they'll fly in summer.

This type of volume move away from the established summer routes to cheaper to operate routes is a massive opportunity for Jet2 and easyJet

Interesting few days at BTM in Italy. The new easyJet Roma and Milan bases were one of the main topics. Several keynote speakers were encouraging Italian hotel groups to get onboard promoting Italy as a tourist destination.

Several airlines were represented and they were very upbeat about the current market opportunities. It's absolutely clear that the DIY Airbnb type of holiday is in decline and packages are the growth area.

Some interesting observations about ryanair withdrawing from the volume "holiday" destinations. It seems that they are targeting more people making journeys for other purposes and encroaching more on the Wizz network whilst pulling back from Spain, Portugal and Denmark over fees disputes.

They added 2 new bases last year and Gatwick this year. Seats flown at 20m. They are expanding rapidly but it costs money to expand and that will hit the profit.

The reality is the sector is poorly valued

They'll all increase their targets on the way up. It's hard to appear credible with a target £8 above the current price.

I don't pay much attention to their "expert" guessing

Jet2 is awash with surplus cash. They also have a substantial investment in new aircraft orders the bulk of which are purchased from their own resources.

I times where interest earned exceeded their profit margin there's no problem holding cash. It gets harder to justify as the interest earned drops.

They have invested in Bournemouth and Luton last year, this year in Gatwick. They are in a massive expansion phase and funding that from their own resources.

I am at BTM in Italy today and tomorrow so a couple of full-on days ahead. There will be several airlines represented here I am sure.

Hopefully some order and commonsense comes to this share over the next few days.

Let's see where it goes. I am sure most are expecting it to move smoothly through the £13s. It was good information, it showed that the market has mispriced the company. I suspect when the games end the price will head up in a sustainable manner.

The fact that it's poorly valued is why we are here holding. I don't think it will take long now.

Https://travelweekly.co.uk/news/jet2-emphasises-real-value-as-capacity-outstrips-industry-growth

I think we'll know by Friday or Monday what the market really thinks.

It was a mess today, obviously some heavy manipulation in the auction that kicked off many stop losses and Ai bots. I must say trading has become a lot easier with more people trading on this "managed" accounts, they are easily triggered.

It didn't help that the broker reported on FY2027 which was bizarre to say the least. He does have an opinion on Gatwick and I don't buy it. The reason I don't is because they have increased capacity 8% mostly at Gatwick, sales are 7.9% ahead of last year, mostly at Gatwick. This shows that Gatwick is popular from the start line 260000 seats sold. Yes there will be costs and profit is unlikely but I also don't see a £44m loss at Gatwick. Prices look a bit ahead of easyJet equivalent with 10kg bag so they aren't discounting heavily on flight only.

We'll see more focus on prices as they have extra seats to sell with the A321 but at £10 a seat saving it allows room for some flexibility.

It's important not to fall in love with a share. If it were £15 now I wouldn't be buying but at £12.50 it's stupid.

I couldn't disagree more.

It's a ridiculous thing to say.

It was a bizarre piece from Jefferies as reported in investigating. Com. Jefferies are telling us next year will be down 10% or £44m because of costs at Gatwick.

I think it's a bit early to be thinking about FY2027 and certainly it shouldn't be a headline at this point.

Gatwick will definitely take time to mature but I don't think that it will create such an issue.

Make no mistake these aren't great times to be running a holiday business from the UK but Jet2 are doing very nicely. They will consolidate market share whilst others can't match their scale and efficiency.

It's best to ignore the fluff right now and in a couple of days see where we are.

This is really bizarre. So Jefferies say next year Jet2 will make £400m profit dropping by £44m over next year's consensus of £444m.

"Jefferies estimated FY27 operating profit at approximately £400 million, against a company-compiled consensus of £444 million, a gap of roughly £44 million, after accounting for £40-50 million in Gatwick investment costs. The broker maintained a “buy” rating with a 2,100 pence price target. Jet2 shares closed Tuesday at 1,287 pence"

I find that very unlikely.

FY26 profit in line with expectations and operationally well-set ahead of Gatwick launch

Jefferies calling the update fake. It's clear in plain language that the costs at Gatwick that will fall in this year are accounted for. Why read the announcement at all if they are just going to make it up.

"Our booked to date passengers are up by 7.9% which includes positive growth at our established bases and over [260,000] passengers at London Gatwick"

7.9% is so close to the 8% increase in seats. This shows the grip they have on the numbers, they have expanded and sold all the expansion. That's quite remarkable.

On like for like against last year the share price is around 25% behind when you include the buybacks. That's 25% behind the low at which point the share price exploded up.