Member Info for Xhita

Trump meeting with Putin is irrelevant in my opinion.

Trump doesn't understand the position of both sides. They are so far apart, Trump telling both sides what they want to hear isn't going to happen.

When eventually the end comes to the Ukraine war no matter the outcome European defence spending will massively increase. BAE are so embedded in the European industry they will attract massive rewards.

The US business is the biggest risk given the suicidal economic path of America.

BAE are globally diverse and have industry in 40+ countries so I feel comfortable with the near term future.

BAE isn't about Ukraine.

I put another £25k in today on the dip. Nothing not to like at this price

I don't know if the liquidity is low I have never had any trouble buying or selling. I don't trade in big numbers around £25k and it always within the spread.

Ultimately the share buyback will mop up loose shares but £250m may not be enough to cause a squeeze and force the price up.

Https://www.surinenglish.com/malaga/costa-sol-hotels-expect-lower-occupancy-rate-20250730135748-nt.html

Not my experience. We are full but clearly some have capacity

Indeed but there are many who just surf for dividends.

Share buybacks are in my opinion better value for long term holders.

I would rather have a larger share buyback. I am sick of carpetbaggers coming in just for the dividend then going on the first rise after.

This is a substantial share buyback. The free floating share volume isn't huge and this buyback reduces it further. You can see from the purchases they are sweeping up mainly small PI trades. Shares away from "save" hands are limited.

It's no good getting a 3% dividend and the share price dropping 10%.

I can't understand the thought process with this share buyback. At £17.50 they were buying 120000 shares a day and at £16 they are buying 80000 shares a day.

Seems like strange behaviour.

Hopefully easyJet can recover the displaced people today after the chaos yesterday. All the flights are full so it's not a simple thing. Any disruption in July and august is really a disaster with no slack in the system.

I don't think dividends have any impact on the share price. Looking across at Jet2 who have been hammered nearly 5% in 2 days. They pay a dividend and a £250m share buyback which will lift around 7.5% off the shares off the market this year but they are still cheap as chips.

The problem with the dividend as a long term holder is such a small number and if you want to get it you just have to be in for one day a year. There aren't enough long term holders excited by the dividend.

I would rather see no dividend and an energetic share buyback.

The reality of most shares is the traded loose shares are a small number. It's quite possible over a couple of years to squeeze liquidity to a point it has to rise. The result for long term holders will be much more than the dividend.

Planes into Málaga are full, hotels are full. It's going to be a great summer.

Big queues at Málaga for Brits arriving and a few flights were delayed yesterday. It's just how it is.

33° in the shade by the pool right now.... perfect

The only blue on my screen of airlines is wizz. They are also the only business performing badly with no real prospect of near term improvement.

Despite bad news wizz are up. In a few hours from -9% to +1%.

Another disaster for wizz and all the airlines down. When competition is failing this should be good news for the others. Clearly the problems at wizz are completely isolated to wizz. Ultimately they have performed poorly whilst others thrive.

This is ground that wizz can never make up.

The biggest rise is the A319 to the A321. easyJet has converted additional A320 slots to A321. They now have 157 aircraft on order. 56 A320 and 101 A321.

The A319 has 150 seats typically or 156 with the extra crew member.

The A320 has 186 seats. The A321 has 235 seats.

The A321 cost less to operate per mile than the A319 and has 85 more seats.

Jet 2 are doing a similar thing whilst Ryanair are investing in just 8 additional seats per aircraft.

The market doesn't understand the dynamic.

DrMaze. There are several mid to long term events that will seriously impact the commercial landscape.

Upscaling seats per aircraft, longer winter sun destinations, easyJet holidays expansion. These factors have failed attract additional value on the share price.

Then you have the sector issues. In my mind if ryanair or wizz are struggling that's good for easyJet but the market doesn't see it like that. Bad news at ryanair and easyJet comes down as well.

I also think to he market has an issue understanding the model. 7 months of the year this business losses money. 2 months it makes a profit and 3 it makes a massive profit.

I don't know as it's possible to second guess the market because we only see a tiny part of the information.

I do know the bias is to mark down.

Jet2 results were classic. Strong commercial performance, 8% up on summer bookings and really all locations doing very well. It was marked down because like every year they don't give guidance until summer H1 for them is done. They also mentioned people are booking later as they also mentioned last year. The market spanked the share price.

It's like they look for an excuse to be negative.

If the can to the Costa and spoke to the punters they wouldn't be negative.

Easyjet released their summer 26 schedule yesterday. Announcing a year in advance is late for easyJet given in that summer 25 was released in November 23.

I suspect the delay is due to any potential action from the EU about how tickets are sold and a return of confidence after the post covid scheduling.

It has messed up the analysis a bit for like for like performance. We took many summer 26 bookings yesterday and overnight. Our price point is +8% currently and easyJet are +12%. As I said like for like isn't really possible. Last year the best prices were on release and around 13 months prior to departure for 6 weeks holiday bookings. However we are now at the 12/13 months point and the flights are just released.

I took another £25k today in 2 bites. I am happy below £5. I took £104k since results

Luton to Málaga July 26 around £150 . They started today at £142 for the first few days of the school holidays

Summer 26 tickets went on sale today and we have our first easyJet bookings in already.

Big demand and prices look around+10%

The majority of US goods sold into Europe were zero tariff before this. The average tariff was just 2%.

Trump often complained at Vat on US goods but he is stupid and doesn't understand basic economics.

In fact globally tariffs on US goods were low. The majority of US exports to Canada including dairy were zero tariffed.

The reason trump has tariffs is because he needs to increase government revenue. Rather than be honest and create real tax he is hiding it as tariffs. The US expenditure is out of control and their federal revenue is around 50% below where it needs to be.

Trump has destroyed tourism and us consumer exports.

He is fortunate that Europe is buying it s LNG at the moment as that's all that holds the numbers up.

US farm exports are destroyed. US manufacturing is next to go.