Gladremeer
24 May 2017
Re: price drop BazilRyanair don't use Airbus at all. They operate Boeing 737's exclusively.
Bazil_Brush
18 May 2017
This a buy?? What confidence Topped up myself this afternoon just before close of play and saw this delayed trade!!16:35:29 1230 640,447 7,877,498Now that is confidence, anyone shed any light on this? Big rise on the open tomorrow if it is a buy, looks to be.B_B
Bazil_Brush
18 May 2017
Re: price drop Forgot to add second link.....B_Bwww.bloomberg.com/news/articles/2017-05-16/easyjet-posts-record-first-half-loss-on-weak-pound-lower-fares
Bazil_Brush
18 May 2017
Re: price drop The A321NEO are the same aircraft as used by Ryanair and they have served well. Should see more revenue from the intro of the new fleet, shame they are not due until 2018!![link] long and strong
Steve Gurr
16 May 2017
Re: price drop "So losses were always on the cards, but that does not suggest the company is performing badly"Spot on Hardboy, I promise you the company is performing really well and nobody has mentioned the are introducing the A321 to Gatwick. They can't fit anymore aircraft into Gatwick but the A321 will carry 30 or so extra passengers and be far more economical.Easter fell into the 3rd quarter this year so we will see the benefit of that at the next results update - I see this price as a 'top up' opportunity.
Hardboy
16 May 2017
Re: price drop 5 iron, "I doubt losses are on cards"You have to remember Easyjet's business is very seasonal. They invariably make a loss in H1; but make up for it in H2.So losses were always on the cards, but that does not suggest the company is performing badly.
II Editor
16 May 2017
NEW ARTICLE: Double-whammy leaves easyJet red-faced "It's been flying for the past three months, up over 46% since diving back toward 900p late February. But LSE:EZJ:easyJet was brought crashing down to earth Tuesday after the budget airline published an underwhelming half-year results.A much ..."[link]
marktime1231
16 May 2017
Re: Ooops - triggered and as things turned out today maybe that stop-loss trigger was a lucky break.Using a stop loss is not always the right thing to do as you say. The alternatives, to sell out too soon which I did on SCT and BYG (with the benefit of hindsight, these are both now trading way beyond my targets), or to hang on being too greedy which I did on WTB (missed the recent peak and slow to sell on the way back down), can be just as painful. I am still using SLs in the hope to protect the gains on a couple of my best holdings.I wasn't expecting such poor EZJ financials, blamed mostly on what should be manageable issues. Nor it seems was the market, hence the 80p off today.Still good value on prospects and yield, but I might wait to hear some actual numbers in future before betting again.
give the dog a bone
16 May 2017
Re: busy fools I thought she came across well enough on Bloomberg..... the meeja are on their case and she defended the results although I thought the £80 Million attributable to Brexit exchange losses sounded weak. I like the future capacity being built and I'm giving her the benefit of the doubt as I don't know whether the accounting translation of FX losses /gains are real or accounting goobledegook - surely they use the Euro earnings to pay for the US Dollar oil outgoings ? The huge drop today gave me the chance to buy in at 6% cheaper than yesterday ( note to self: why didn't I sell yesterday and realise some great profits from the past few months. I'll sit back and wait for the inevitable upward swing in the next few weeks/months
Roger Fletcher
16 May 2017
busy fools Time for the non execs to change the CEO.Why do they sell the seats so cheaply, surely a £5 per seat price rise would hardly effect their load % and would wipe out their first half losses.I bet most fares are not as price sensitive as the management seems to feel.They are far better than Ryanair and should be able to command a small premium.
Proverbs 26 vs 5
16 May 2017
Re: price drop - the answer Easyjet unveiled a record number of passengers for the first six months of the 2017 financial year at 33.8 million, up 9% year-on-year. It also reported a record first half load factor at 90.2% (H1 2016: 89.7%), reflecting its attractive network and affordable fares. The airline's capacity increased by 8.4% as easyJet delivered its strategy of purposeful investment to reinforce and expand its leadership positions in its core markets. Total revenue was up 3.2% to £1,827m with revenue per seat of £48.80 (a decline of 4.9%, and of 9.7% at constant currency, in line with guidance) which reflected the timing of Easter and high overall market capacity growth. Headline cost per seat excluding fuel at constant currency flat at £38.54, which reflected strong cost control despite high levels of disruption. Headline cost per seat rose by 4.9% to £54.45 (a decrease of 4.1% at constant currency) driven by the weakness of sterling. Headline loss before tax of £212m included the estimated impact of the move of Easter into the second half of the year (circa £45m) and a negative net currency impact of £82m. Excluding these two items the headline loss before tax would have been circa £85m. Total loss before tax after non-headline items was £236m. easyJet agreed to purchase 30 A321 NEO aircraft under its existing agreement with Airbus, with the first arriving in summer 2018. This was a conversion of 30 existing A320 NEO orders and via increased flexibility within the Airbus agreement will be neutral to current fleet capex commitments. The A321 NEOs would increase easyJet's ability to grow in slot constrained airports and manage costs. easyJet remained on track to confirm possession of a European air operator certificate (AOC) by the summer and secure its future operations within the European Union. The company's business model and strategy were underpinned by sector leading balance sheet strength, with a net cash position at 31 March 2017 of £353m. Unencumbered aircraft now represent 71% of easyJet's total fleet. OUTLOOK easyJet continued to implement its strategy of purposeful, profitable growth to secure leading positions at primary airports and drive returns over the long term. Forward bookings were ahead of last year; at 77% for the third quarter and 55% for the half year. easyJet's capacity growth in the second half of the 2017 financial year would be planned to be at a similar level to the first six months and RPS in the third quarter was anticipated to decline by low single digits, a significant improvement from the first six months. Headline cost per seat excluding fuel at constant currency for the full year and at normal levels of disruption was expected to increase by around 1%, which was better than initially expected. easyJet offset the cost of additional investment in resilience and in improving its long-term operational performance within this latest full year guidance. Story provided by StockMarketWire.com
Steve Gurr
15 May 2017
Re: price drop I think you will find that they will announce a poor set of figures, but I am not at all unduly concerned with what is by far my largest holding.I can see what's happening with cost cutting, I also believe strongly that although the1st 1/4 was not good they appear confident of achieving full year targets. The share price 'trend' is telling a story.............let it be your friend
5 Iron
15 May 2017
Re: price drop I doubt losses are on cards. With high sales and seat occupancy and low fuel prices that would suggest excellent business. That's why its gone up £3 share in last month or two!!
give the dog a bone
15 May 2017
price drop Over the weekend I read some analyst research stating that EZJ was due to announce massive losses this week. the recommendation was to sell ahead of the results.so not clear why the price rose strongly today. What I'd love to see is a chart that sets out the predicted price by the Investment House, Vs the actual price subsequently announced. this nonsense of making wild guesses and worse basing their investment decisions on spurious F'en BS needs to be stopped.========== ========== ========== Stock market analysts watching EasyJet PLC (ESYJY) have recently changed their ratings on the stock. The latest reports which are outstanding on Sunday 14th of May state 3 analysts have a rating of “strong buy”, 3 analysts “buy”, 13 analysts “neutral”, 6 analysts “sell” and 2 analysts “strong sell”.
Steve Gurr
15 May 2017
Re: Ooops - triggered I think the problem with stop losses is that the MM's can see them all - so if they need shares to fill an order they can just drop the price to trigger them, mop up the shares, and raise the price again.
