Investors' Room :: Easyjet - on for a bounce? - MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2

soul traders - 11 May 2007 08:44

Just a heads-up for any traders out there. Easyjet seems to be bouncing back after its 20% fall during the week.

MM's seem to be walking the price up.

Right now we have EZJ Bid: 608.5p Offer: 609p Change: 11, was up 13 a few minutes back.

Chart.aspx?Provider=EODIntra&Code=EZJ&Si

Chart.aspx?Provider=EODIntra&Code=EZJ&Si

Chart.aspx?Provider=Intra&Code=EZJ&Size=

soul traders - 11 May 2007 08:46 - 2 of 408

EDIT: chart added to header.

soul traders - 11 May 2007 09:05 - 3 of 408

Intraday chart added to header.

soul traders - 11 May 2007 11:11 - 4 of 408

Well, it seems I was right: EZJ Bid: 620p Offer: 623.5p Change: 21.5

The only problem is, I set a very tight stop and had the shares sold under my feet whilst I was eating my breakfast.

D'oh!!

Good luck to any holders.

Fred1new - 05 Nov 2007 11:05 - 5 of 408

Easyjet is down 3% today from Friday.
Possibly due to market and people locking in recent gains.

I bought at average price of 530p presently at about 640p. Has had positive news releases since middle of August and fundamental projections are Vgood.

Also think longterm contracts with old soviet block countries etc. will add to balance sheets. Also further ahead are the games in London which will put bums on seats.

I am holding in PEPs ISA and SIPPS for the longterm, unless there is some negative information.

Worth a look.

RNS this am is positive.;-
easyJet PLC
05 November 2007

Monday 5 November 2007

easyJet signs break-through distribution deals with Amadeus and Galileo for the corporate travel market easyJet will target the $90 billion* European corporate travel market with break-through distribution deals with Amadeus and Galileo, part of Travelport
GDS.

This innovative business development will enable corporate travel agencies to view and book easyJet flights within their preferred GDS environment, alongside other carriers to make easy comparisons and bookings.

This is the first time a major European low-fares airline has made its inventory available to the GDS providers. easyJet, Amadeus and Galileo recognise the demand from the corporate travel market for easier access to easyJet\'s low-fares and attractive business-related services. easyJet also aims to grow its proportion of business passengers, currently around 20%, through the managed business travel segment, which is largely booked by travel agencies through the
GDSs.

Distribution through Amadeus and Galileo is specifically targeting travel agencies specialising in business travel and easyJet will apply a point-of-sale fee (the same principle applies to all non-internet sales, such as telephone and airport sales) to the cost of the airfare.

To enable the agreements, Amadeus and Galileo have separately delivered new technology to connect each GDS directly to easyJet\'s inventory, allowing travel agents, for the first time, to make bookings on the airline within their
everyday workflow and channel.

The agreements represent the next step in the evolution of the low-fare airline industry and reinforce the value of the GDS as a sales channel bringing gains for the low cost airline segment.

Andy Harrison, easyJet\'s Chief Executive, said:

\'This is a major step forward in our strategy to attract more business travellers. easyJet has always appealed to businesses by offering an excellent high-frequency, flexible product between Europe\'s major airports and now Europe\'s travel managers and their clients can book with easyJet, therefore removing the last barrier to the corporate travel market.\'

\'easyJet will maintain its direct sell business strategy, by adding a
point-of-sale fee we can ensure our website remains our primary distribution channel and fares will always be cheapest when booking direct online.\'

\'However, even with the point-of-sale fee, easyJet seats sold through the GDS will still be dramatically cheaper than those offered on any of the traditional airlines.\'

David Jones, Executive Vice President, Commercial, Amadeus, said:

\'This agreement with easyJet underscores and validates the effort we have made to understand and offer a tailor-made solution for the low fare airline segment.\'

\'We have built a solution that connects the GDS directly to the inventory of ticketless carriers, enabling them to distribute efficiently through the GDS.
Using this technology we can now offer business travel agencies key easyJet content, with a booking process that is integrated directly into their regular work process.\'

Bryan Conway, Managing Director, EMEA, Travelport GDS said:

\'By integrating easyJet\'s services directly into our core GDS, we are able to offer even richer content to our business travel agents and their customers.\'

\'Galileo can now provide agents with the same straightforward and highly efficient way to book this content as they have with other airlines, whilst also offering today\'s low-cost carriers with a simplified means to distribute to the travel trade.\'

Amadeus is carrying out detailed pilots in Germany, France, Spain and UK which will end in November. As soon as those pilots are concluded, Amadeus will make easyJet flights available to all eligible agencies worldwide. easyJet flights will also be available through Galileo in the UK by the end of the year and the rest of Europe in the New Year.

This announcement is the latest development in easyJet\'s campaign to increase its proportion of business passengers, currently around 20%. easyJet offers an extensive route network, high frequencies to main city airports and low-fares and this move follows the recent introduction of business passenger targeted services such as speedy boarding and the hop on an earlier flight for free policy.

BUT DYOH

BAYLIS - 09 Dec 2007 17:04 - 6 of 408

easyJet said today it carried 13.2% more passengers last month than it did in November 2006.

The Luton-based low cost airline said it carried 2.88 million passengers last month compared to the 2.55 million that flew with the airline during the same period last year.

easyJet's load factor, how full its aircraft were, was up 0.3 percentage points on the same month last year to 80.8%.

BAYLIS - 20 Dec 2007 12:17 - 7 of 408

JP Morgan has maintained its 'overweight' rating on easyJet and kept its 591p price target, anticipating continued growth of at least 20% a year from the budget airline.

The broker said it disagreed with market predictions that consumers would desert low-cost carriers as they are deserting the high street.

It said the low cost carrier segment would benefit from demand trickling down from more expensive airlines.

"Consequently, we do not expect to have to make the estimate downgrades in the LCC space that we expect to be making in the network airline segment in the coming months, and can therefore continue to anticipate 20%+pa profits growth from easyJet," JPM said.

EZJ - easyJet

goldfinger - 09 Feb 2011 08:38 - 8 of 408

EZJ Easyjet, EZJ a real difficult chart to navigate..

fundies look good aswel..

easyJet ForecastsYear Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield

30-Sep-11 3,317.55 228.06 38.78p 10.1 0.3 +36% 6.76p 1.8%

30-Sep-12 3,640.14 271.50 46.14p 8.5 0.4 +19% 8.36p 2.2%

And look at forcast SP targets...

Date Broker name New Price Old price target New price target Broker change

20-Jan-11 Panmure Gordon Buy 382.00p 550.00p - Reiteration
19-Jan-11 UBS Buy 455.80p 470.00p 520.00p Upgrade
06-Dec-10 Panmure Gordon Buy 434.60p 550.00p - Reiteration
01-Dec-10 Goldman Sachs Neutral 434.20p 515.00p - DownGrade
23-Nov-10 Citigroup Buy 438.70p 550.00p 630.00p Reiteration
22-Nov-10 Investec Securities Buy 445.30p - 592.00p New Coverage
18-Nov-10 Nomura Buy 450.00p 500.00p 600.00p Reiteration

goldfinger - 09 Feb 2011 08:55 - 9 of 408

Opened a long in GKN.

FCCN storming away, 9% up last time.......... NICE.

goldfinger - 09 Feb 2011 14:45 - 10 of 408

EasyJet PLC

NAV of 424p and P/E of just over 9 going into 2012 this stock is hostoricaly at the monet far too cheap.

FORECASTS 2011 2012
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

SG Securities
08-02-11 BUY 39.10 8.00 43.36 9.00
Panmure Gordon
08-02-11 BUY 225.00 38.40 7.50 263.00 44.80 10.00
Davy Stockbrokers
08-02-11 None 38.40 8.80 46.20 11.10
Arbuthnot Securities
07-02-11 NEUT 180.91 31.20 6.20 249.69 43.00 8.60
The Royal Bank of Scotland NV
25-01-11 HOLD 210.56 36.26 7.17 225.69 39.42 7.77
Investec Securities
25-01-11 BUY 213.86 36.91 7.38 203.64 35.13 7.03
Numis Securities Ltd
20-01-11 HOLD 210.00 36.30 251.20 42.80
Charles Stanley Securities
19-11-10 SELL 228.10 39.79 260.60 45.34 7.96
NCB Stockbrokers Ltd
15-06-10 BUY 42.01
Collins Stewart [R]
14-12-09 BUY 47.70 65.30

2011 2012
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
Consensus 210.23 36.92 7.52 241.16 42.41 8.85
1 Month Change -36.51 -6.33 -0.49 -50.93 -9.39 -1.29
3 Month Change -36.35 -6.45 3.46 -59.29 -12.00 8.85

GROWTH
2010 (A) 2011 (E) 2012 (E)
Norm. EPS 87.16% 32.84% 14.86%
DPS % % 17.73%

INVESTMENT RATIOS
2010 (A) 2011 (E) 2012 (E)

EBITDA 249.00m 335.13m 374.30m
EBIT 170.30m 227.04m 269.50m
Dividend Yield % 1.93% 2.27%
Dividend Cover x 4.91x 4.79x
PER 14.03x 10.56x 9.20x
PEG 0.16f 0.32f 0.62f
Net Asset Value PS 235.78p 387.17p 424.20p

goldfinger - 16 Feb 2011 11:38 - 11 of 408

Easyjet trials nanotechnology coating on its aircraft
15 February 2011

Easyjet is to trial a nanotechnology coating on its aircraft aimed at reducing drag and increasing fuel efficiency.

The low-cost carrier said that the Triple O coating, in use with the US military for the past 25 years, is a polymer that cross links and bonds to the paint surface, and adds an estimated 4oz to the weight of the aircraft.

Applied and distributed in Britain by Poole-based Triple O Performance Solution, the coating is claimed to reduce the build-up of debris on an aircrafts structure, leading edge and other surfaces, reducing drag on the surface of an aircraft.

.Triple O Performance Solution said the coating is applied in three stages. The surfaces are cleaned and then an oxalic-acid wash is applied to purge the pores of the surface and charge it with a positive polarity.

The surface then receives anionic nanoparticles of the Triple O emulsion, which are pulled into the pores magnetically and held there while the protective chemicals have cross linked, bonded and cured, locking Triple O into the paint.

The manufacturers of the coating estimate that it could reduce Easyjets fuel consumption by 12 per cent.

The airline has coated eight aircraft and will compare their fuel consumption with the rest of the fleet during a 12-month trial period.

Carolyn McCall, Easyjets chief executive officer, said: If we can find new ways of reducing the amount of fuel used by our aircraft, we can pass the benefits onto our passengers by offering them low fares and a lower-carbon footprint.

Read more: http://www.theengineer.co.uk/sectors/aerospace/easyjet-trials-nanotechnology-coating-on-its-aircraft/1007463.article#ixzz1E7YB2x2u

robinhood - 03 Feb 2012 08:36 - 12 of 408

Received today a corporate action notice that Easyjet has announced an 11 for 12 consolidation. May be I am a bit thick but is there any point in this at all??????????

goldfinger - 19 Nov 2012 08:29 - 13 of 408

19 Nov easyJet PLC EZJ UBS Buy 622.50 641.00 680.00 680.00 Reiterates

SP Target 680p.

goldfinger - 19 Nov 2012 08:34 - 14 of 408

Ample weekend article....

Tuesday 20 November

Is easyJet (EZJ) flying high? Investors will find out when it reports its full-year results on Tuesday.

Recent news: The budget airline recently upgraded its pre-tax profits guidance range for the year ending September 2012 to between £310 million and £320 million.

Analysts' expectations: Panmure Gordon's Gert Zonneveld is forecasting revenues of c. £3.9 billion, up 12%, driven by a combination of 7% volume growth and 5% yield growth. EasyJet carried 58.4 million passengers in 2011/12.

Despite fuel costs rising by an estimated £236 million, he is expecting operating profit to rise by 29%. Pre-tax profits are expected to be up 29% to £319 million, with a 24% rise in dividends.

"Despite a challenging economic environment, and most likely a cautious outlook statement, we believe that the long-term prospects of this business remain exciting and we retain our 'buy' recommendation," Zonneveld states

goldfinger - 19 Nov 2012 09:05 - 15 of 408

EZJ EASYJET

Brokers with BUY recommendations on EZJ

Date Company Name Broker Rec. Price Old target price New target price Notes

19 Nov easyJet PLC UBS Buy 650.00 680.00 680.00 Reiterates
16 Nov easyJet PLC Morgan Stanley Overweight 650.00 670.00 670.00 Retains
16 Nov easyJet PLC Panmure Gordon Buy 650.00 750.00 750.00 Retains
13 Nov easyJet PLC Numis Add 650.00 680.00 680.00 Reiterates
09 Nov easyJet PLC Credit Suisse Outperform 650.00 653.00 653.00 Reiterates
31 Oct easyJet PLC Deutsche Bank Buy 650.00 745.00 745.00 Reiterates
26 Oct easyJet PLC Numis Add 650.00 680.00 680.00 Reiterates
12 Oct easyJet PLC RBC Capital Markets Sector Performer 650.00 - 670.00 Initiates/Starts
09 Oct easyJet PLC Investec Buy 650.00 670.00 690.00 Retains

goldfinger - 19 Nov 2012 12:04 - 16 of 408

EasyJet Sees Business-Credentials Boost on Moscow, Rome

By Kari Lundgren - Nov 16, 2012 12:01 AM GMT ..EasyJet Plc (EZJ)’s success in securing rights to link London with Moscow and Milan with Rome represents a breakthrough for its plan to win more business travelers, Chief Executive Officer Carolyn McCall said.

EasyJet was chosen by the U.K. Civil Aviation Authority to operate Moscow flights on Oct. 25, edging out Richard Branson’s Virgin Atlantic Airways Ltd., before being selected by the Italian authorities to end Alitalia SpA’s monopoly on services from Milan Linate to Rome Fiumicino a day later.

EasyJet Plc Chief Executive Officer Carolyn McCall said, “Moscow is a business route and I think a few years ago we wouldn’t have got it because we weren’t perceived to be looking after passengers or really strong on business. And to get Linate-Fiumicino, the main business route in Italy, cannot be underestimated.”

EasyJet CEO Sees Business-Credentials Boost on Moscow, Rome Wins Simon Dawson/Bloomberg
Starting in the first half of next year, EasyJet will serve Moscow’s Domodedovo hub and aims to carry more than 230,000 passengers in the first 12 months of operations.

Starting in the first half of next year, EasyJet will serve Moscow’s Domodedovo hub and aims to carry more than 230,000 passengers in the first 12 months of operations. Photographer: Simon Dawson/Bloomberg
.“The transformational aspect is about how EasyJet is seen, the credibility,” McCall said in an interview. “Moscow is a business route and I think a few years ago we wouldn’t have got it because we weren’t perceived to be looking after passengers or really strong on business. And to get Linate-Fiumicino, the main business route in Italy, cannot be underestimated.”

While ranked second to Ryanair Holdings Plc (RYA) among Europe’s low-cost airlines, EasyJet has dropped its early no-frills approach in favor of a model where passengers can opt to pay extra for everything from food and checked bags to lounge access and flexible tickets. The Luton, England-based carrier is seeking a bigger share of the lucrative corporate-travel sector just as network carriers including IAG SA and Deutsche Lufthansa AG (LHA) recast their short-haul operations along low-cost lines.

Stock Boost
Shares of EasyJet, which was founded in 1995 with the slogan “making flying as affordable as a pair of jeans,” have surged 62 percent this year for a market value of 2.53 billion pounds ($4 billion). Dublin-based Ryanair has advanced 33 percent and is worth 6.66 billion euros ($8.5 billion).

“For us to get both in one week reinforced all the things we’ve been doing over the last two years in positioning the brand,” McCall said of the Moscow and Italy victories.

EasyJet was selected to compete with British Airways on the route to the Russian capital after offering a lead-in fare of 125 pounds and undertaking to operate two flights a day from London Gatwick airport, where it’s the biggest operator.

Starting in the first half of next year, EasyJet will serve Moscow’s Domodedovo hub using 180-seat Airbus SAS A320 single- aisle planes, and aims to carry more than 230,000 passengers in the first 12 months of operations.

The new route could also create opportunities to link with long-haul flights following a deal last week allowing passengers at Dubai-based Emirates, the world’s biggest international airline, to use their air miles to book EasyJet tickets.

Moscow Points
Russians traveling from Moscow to the Gulf on a route to be served by an Airbus A380 superjumbo from Dec. 1 would accrue enough points to fly to London with EasyJet for free, Emirates sales chief Thierry Antinori said in an interview on Nov. 6.

In Italy, EasyJet will offer five flights a day between Milan and Rome using Airbus A319 planes, opening up what McCall said has been Europe’s “last great monopoly route.”

Around 21 percent of EasyJet’s 57 million annual passengers are traveling for work, with destinations such as Amsterdam, Geneva and Paris drawing close to 30 percent business traffic.

“They’re going ever-further in competing with the network carriers,” said Douglas McNeill, an analyst at Charles Stanley in London with a “hold” rating on EasyJet. “It tends to make you think the low-cost model is more multifaceted.”

Ryanair CEO Michael O’Leary said last week that EasyJet under McCall is as much a challenger to British Airways as his own airline, and that undercutting fares at the unit of International Consolidated Airlines Group SA (IAG) by as much as 30 percent represents “a very good medium-term strategy.”

EasyJet has also done “a good job” in targeting longer routes to countries such as Egypt, Israel, Jordan and Iceland, as well as Russia, the Irishman said at a Nov. 5 press briefing.

McCall has said four-hour flight times aren’t a departure from her company’s core strategy. The airline last year carried 5.7 million people on flights above three hours, more than the 5.4 million that long-haul specialist Virgin Atlantic attracted across the whole of its network in the 12 months ended Feb. 29.

EasyJet will post earnings figures for the year ended Sept. 30 on Nov. 20.

To contact the reporter on this story: Kari Lundgren in London at klundgren2@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

http://www.bloomberg.com/news/2012-11-16/easyjet-sees-business-credentials-boost-on-moscow-rome.html

goldfinger - 19 Nov 2012 16:07 - 17 of 408

EZJ EASYJET

Forward P/E of just over 10 to
2013 looks very cheap. Ryanair meanwhile
on a forward P/E of just over 13 to
2013.

It seems to me EZJ is significantly undervalued.

easyJet PLC

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
16-11-12 BUY 319.00 62.60 13.00 372.00 74.90 16.00
Investec Securities
14-11-12 BUY 314.10 60.80 12.20 325.60 65.70 13.10
Numis Securities Ltd
14-11-12 ADD 320.00 55.40 10.50 336.60 56.70 10.50
Davy Stockbrokers
14-11-12 None 61.90 12.40 64.20 13.00
Westhouse Securities
08-11-12 BUY
Goodbody Stockbrokers [D]
11-10-12 BUY 63.55 59.09 71.42 24.39
Charles Stanley Securities
08-10-12 HOLD 212.80 37.03 7.18 224.90 38.98 7.41
NCB Stockbrokers Ltd
26-03-12 ACCU 48.68 46.51 49.44 10.07

2012 2013 Pre-tax
(£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 317.61 60.20 12.03 330.89 62.30 12.23
1 Month Change 32.00 5.50 1.15 18.15 2.55 0.29
3 Month Change 35.73 6.56 1.12 12.83 2.03 0.28

Notes to forecasts
D falg: Indicates flag refers to the special dividend

GROWTH
2011 (A) 2012 (E) 2013 (E)
Norm. EPS 73.12% 24.57% 3.49%
DPS % % 1.62%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £359.00m £441.01m £479.31m
EBIT £269.00m £336.63m £340.74m
Dividend Yield % 1.88% 1.91%
Dividend Cover x 5.00x 5.10x
PER 13.26x 10.65x 10.29x
PEG 0.18f 0.43f 2.95f
Net Asset Value PS 281.29p 445.15p 493.45p

COMPETITOR

Ryanair Holdings PLC

FORECASTS 2013 2014
Date Rec Pre-tax (€) EPS (c) DPS (c) Pre-tax (€) EPS (c) DPS (c)
Panmure Gordon
16-11-12 BUY 585.00 36.50 670.00 41.90
Investec Securities
14-11-12 HOLD 563.40 35.00 34.00 631.60 39.00
Davy Stockbrokers
14-11-12 None 34.90 34.00 38.10
Goodbody Stockbrokers
11-10-12 BUY 32.15 34.12 34.81
NCB Stockbrokers Ltd
22-05-12 ACCU 34.00 33.00

2013 2014
Pre-tax (€) EPS (c) DPS (c) Pre-tax (€) EPS (c) DPS (c)

Consensus 574.11 34.94 34.02 650.64 38.56
1 Month Change 58.58 3.41 0.10 47.61 2.02
3 Month Change 58.93 3.01 0.26 48.26 0.89

GROWTH
2012 (A) 2013 (E) 2014 (E)
Norm. EPS 48.11% -6.17% 10.35%
DPS % % %

INVESTMENT RATIOS
2012 (A) 2013 (E) 2014 (E)
EBITDA €992.40m €947.43m €983.31m
EBIT €683.20m €635.09m €654.70m
Dividend Yield % 7.48% %
Dividend Cover x 1.03x x
PER 12.21x 13.01x 11.79x
PEG 0.25f -2.11f 1.14f
Net Asset Value PS 221.22p 263.57p 302.90p

Hemscott Premium.

skinny - 20 Nov 2012 07:04 - 18 of 408

Final Results

· easyJet has delivered improved returns for shareholders and growth in a challenging economic environment. Profit before tax was up by 27.9% to a record £317 million and pre-tax profit margins grew by 1 percentage point to 8.2% despite a £182 million increase in unit fuel costs. Return on Capital Employed excluding operating lease adjustment improved by 1.8 percentage points to 14.5% (while Return on Capital Employed including operating lease adjustment improved by 1.5 percentage points to 11.3%.)

· Total revenue per seat grew by 5.9% (7.5% at constant currency) to £58.51 driven by: improved load factors; the annualisation of changes to fees and charges made in 2011; the careful targeting of capacity to markets with the strongest returns potential; improvements to easyJet.com; the success of the 'Europe by easyJet' campaign and from capacity constraint in the market.

· Seats flown grew by 5.5% to 65.9 million, load factors increased by 1.4 percentage points to 88.7% and passenger numbers rose 7.1% to 58.4 million.

· Cost per seat excluding fuel fell by 1% for the full year (and grew by 1.8% at constant currency). Unit cost increases were driven by increased charges at regulated airports especially in Spain and Italy and higher load factors. Cost pressures were partially offset by shorter average sector lengths, the easyJet Lean programme delivering significant savings in ground handling and non-regulated airport charges, by the increased proportion of larger A320 aircraft in the fleet and by the exceptionally low levels of disruption in comparison to previous years.

· easyJet generated operating cash (excluding dividend payments) of £457 million in the year, an increase of 7.8% compared to the prior year.

· In light of the continued strong financial performance of easyJet and the confidence in easyJet's position within European short-haul aviation, the Board has decided to amend the dividend policy from this year to pay out one-third of profit after tax each year, up from the one-fifth payout introduced last year. As a result the recommended ordinary dividend is 21.5pence per share or £85 million.

· Earnings per share grew 19.0% to 62.5 pence per share.

goldfinger - 20 Nov 2012 07:08 - 19 of 408

WOW excelent results and an increased divi.

goldfinger - 20 Nov 2012 07:15 - 20 of 408

EZJ EASYJET

Excelent results and beats concensous
figure expected below...

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
30-Sep-12 3,876.76 315.81 59.33p 11.0 0.8 +13% 12.01p 1.9%

Digital Look

Strategy continues to deliver record profits, growth in profit margins and improved returns for shareholders

Results at a glance

2012
2011
Change

Total revenue (£ million)
3,854
3,452
+11.6%

Profit before tax (£ million)
317
248
+27.9%

Pre-tax margin (%)
8.2%
7.2%
+1.0ppt

Basic earnings per share (pence)
62.5
52.5
+19.0%

Proposed dividend - ordinary (pence per share)
21.5
10.5
+104.8%

Return on Capital Employed (%) - excluding operating leases adjustment
14.5%
12.7%
+1.8ppt

Return on Capital Employed (%) - including operating leases adjustment
11.3%
9.8%
+1.5ppt

Return on equity
14.6%
14.0%
+0.6ppt

· easyJet has delivered improved returns for shareholders and growth in a challenging economic environment. Profit before tax was up by 27.9% to a record £317 million and pre-tax profit margins grew by 1 percentage point to 8.2% despite a £182 million increase in unit fuel costs. Return on Capital Employed excluding operating lease adjustment improved by 1.8 percentage points to 14.5% (while Return on Capital Employed including operating lease adjustment improved by 1.5 percentage points to 11.3%.)

· Total revenue per seat grew by 5.9% (7.5% at constant currency) to £58.51 driven by: improved load factors; the annualisation of changes to fees and charges made in 2011; the careful targeting of capacity to markets with the strongest returns potential; improvements to easyJet.com; the success of the 'Europe by easyJet' campaign and from capacity constraint in the market.

· Seats flown grew by 5.5% to 65.9 million, load factors increased by 1.4 percentage points to 88.7% and passenger numbers rose 7.1% to 58.4 million.

· Cost per seat excluding fuel fell by 1% for the full year (and grew by 1.8% at constant currency). Unit cost increases were driven by increased charges at regulated airports especially in Spain and Italy and higher load factors. Cost pressures were partially offset by shorter average sector lengths, the easyJet Lean programme delivering significant savings in ground handling and non-regulated airport charges, by the increased proportion of larger A320 aircraft in the fleet and by the exceptionally low levels of disruption in comparison to previous years.

· easyJet generated operating cash (excluding dividend payments) of £457 million in the year, an increase of 7.8% compared to the prior year.

· In light of the continued strong financial performance of easyJet and the confidence in easyJet's position within European short-haul aviation, the Board has decided to amend the dividend policy from this year to pay out one-third of profit after tax each year, up from the one-fifth payout introduced last year. As a result the recommended ordinary dividend is 21.5pence per share or £85 million.

· Earnings per share grew 19.0% to 62.5 pence per

goldfinger - 20 Nov 2012 07:34 - 21 of 408

EasyJet full-year profit up 28 pct 20 Nov 2012 - 07:15

LONDON, Nov 20 (Reuters) - British low-cost airline easyJet posted a 28 percent rise in full-year profit, helped by a surge in late summer demand and bucking tough conditions elsewhere in the airline sector. Europe's second-largest budget airline after Ryanair on Tuesday reported a pretax profit of 317 million pounds ($504.46 million) on revenues 11.6 percent higher at 3.85 billion pounds for the year to the end of September. The company more than doubled its full year dividend to 21.5 pence and said it planned to amend the dividend policy from this year to pay out one-third of profit after tax each year, up from the one-fifth payout introduced last year. EasyJet, the largest carrier at London's Gatwick airport, said passenger numbers rose 7.1 percent to 58.4 million during the year, with load factors - a measure of how full its planes are - up 1.4 percentage points to 88.7 percent. ($1 = 0.6284 British pounds) (Reporting by Rhys Jones; editing by Sarah Young) ((r.jones@thomsonreuters.com; 44 (20) 7 542 4166; Reuters Messaging: rhysl.jones.thomsonreuters.com@reuters.net)) Keywords: EASYJET/

goldfinger - 20 Nov 2012 07:34 - 22 of 408

The company more than doubled its full year dividend to 21.5 pence and said it planned to amend the dividend policy from this year to pay out one-third of profit after tax each year, up from the one-fifth payout introduced last year.

goldfinger - 20 Nov 2012 07:57 - 23 of 408

UPDATE 1-EasyJet pledges higher dividend as profits jump20 Nov 2012 - 07:46

(Adds details) By Rhys Jones LONDON, Nov 20 (Reuters) - British low-cost airline easyJet pledged to pay a higher dividend on Tuesday after outperforming the sector with a 28 percent rise in full-year profit that was helped by a surge in late summer demand. Europe's second-largest budget airline after Ryanair reported a pretax profit of 317 million pounds ($504.46 million) on revenues 11.6 percent higher at 3.85 billion pounds for the year to the end of September. In October easyJet had said it was expecting to report an annual pretax profit of between 310 million and 320 million pounds. [ID:nL6E8L317Q] Luton, southern England-based easyJet more than doubled its full year dividend to 21.5 pence from 10.5 pence and announced plans to increase future handouts to shareholders. "In light of the continued strong financial performance of easyJet and the confidence in easyJet's position within European short-haul aviation, the board has decided to amend the dividend policy from this year," said Carolyn McCall, who has helped double the airline's profits since she took over as chief executive in July 2010. The group will seek "to pay out one-third of profit after tax each year, up from the one-fifth payout introduced last year." EasyJet's strong performance bucks tough conditions elsewhere in the airline sector where several carriers have been hit by a toxic mix of high fuel costs, weak consumer confidence and the eurozone crisis. Earlier this month IAG’s Spanish airline Iberia announced plans to axe almost a quarter of its workforce and rationalise its network under a restructuring plan, while Germany’s Lufthansa, which has already slashed hundreds of jobs, said it would step-up cost-cuts to counter rising fuel prices and limited growth in its core market. [ID:nL5E8M92G7] [ID:nL5E8MD5MB] Since the start of the year airlines including loss-making Spanair and Hungarian flag-carrier Malev [MALV.UL] have ceased operations, leaving gaps in the market that low-cost competitors have been quick to exploit. [ID:nL5E8D30IC] EasyJet, the largest carrier at London's Gatwick airport, said a strong rise in summer bookings from Britain to Malaga and Alicante in Spain and Faro in Portugal had helped, while it also increased the number of flights between top business destinations during the year. The carrier said passenger numbers rose 7.1 percent to 58.4 million during the year, with load factors - a measure of how full its planes are - up 1.4 percentage points to 88.7 percent. The airline, which will fly between London, Manchester and Moscow from next year, said its profit margins grew by 1 percentage point to 8.2 percent during the year, despite a 182 million pound increase in its fuel costs. It expects its fuel bill to be around 30 million pounds higher in 2012/13. ($1 = 0.6284 British pounds) (Reporting by Rhys Jones; editing by Sarah Young and Kate Holton) ((r.jones@thomsonreuters.com)(44)(20)(7 542 4166)(Reuters Messaging: rhysl.jones.thomsonreuters.com@reuters.net)) Keywords: EASYJET/

goldfinger - 20 Nov 2012 08:04 - 24 of 408

20 Nov easyJet PLC EZJ Deutsche Bank Buy 0.00 652.50 745.00 745.00 Reiterates

goldfinger - 20 Nov 2012 08:14 - 25 of 408

http://www.stockmarketwire.com/article/4487768/easyJet-beats-estimates-with-record-full-year-pretax-profit.html

goldfinger - 20 Nov 2012 08:16 - 26 of 408

BRIEF-EasyJet shares open 2 pct up after rise in FY profit20 Nov 2012 - 08:02

LONDON, Nov 20 (Reuters) - easyJet plc : * Shares open 2 percent higher after it posts a 28 percent rise in FY profit ((London Equities Newsroom; +44 20 7542 7717)) ((For more news, please click here [EZJ.L]))

goldfinger - 20 Nov 2012 08:51 - 27 of 408

Watch for Broker upgrades later
in the day......................

There will be an analyst presentation at 9:30 am on 20 November 2012 at Nomura, One Angel Lane, London, EC4R 3AB.

goldfinger - 20 Nov 2012 08:55 - 28 of 408

20 Nov easyJet PLC EZJ Investec Buy 679.75 652.50 690.00 740.00 Retains

goldfinger - 20 Nov 2012 08:56 - 29 of 408

20 Nov easyJet PLC EZJ Panmure Gordon Buy 679.75 652.50 750.00 750.00 Retains

goldfinger - 20 Nov 2012 09:18 - 30 of 408

Precogz Updates ‏@Precogz
#EZJ Easyjet wows City and doubles dividend - Proactiveinvestors

http://www.proactiveinvestors.co.uk/companies/news/50545/easyjet-wows-city-and-doubles-dividend--50545.html …

goldfinger - 20 Nov 2012 10:10 - 31 of 408

http://www.independent.co.uk/news/business/news/easyjet-profits-soar-to-317m-8334887.html

goldfinger - 20 Nov 2012 10:39 - 32 of 408

EZJ EASYJET

Brokers reporting today so far......

a lot more to come and I expect upgrades.

easyJet

Broker Views

Date Broker Recommendation Price Old target price New target price Notes

20 Nov Panmure Gordon Buy 695.75 750.00 750.00 Retains
20 Nov Investec Buy 695.75 690.00 740.00 Retains
20 Nov Deutsche Bank Buy 695.75 745.00 745.00 Reiterates

NORWICH & PETERBOROUGH BUILDING SOCIETY

goldfinger - 20 Nov 2012 10:52 - 33 of 408

City AM ‏@cityamonline
easyJet hikes dividend on higher profits

http://goo.gl/fb/0j9lg

goldfinger - 20 Nov 2012 12:51 - 34 of 408

Market update inc. Easy Jet profits
20/11/2012 | Filed under: Comment & Opinion | Posted by: IG Index
Moody’s has put the brakes on the market rally by downgrading France, prompting the FTSE to drop 22 points to 5722 by 10:15am (London time).

After both European and US markets had started the week in such strongly positive mood, the overnight news that Moody’s has downgraded French sovereign debt from Aaa to Aa1 has put an end to that. This has certainly dampened sentiment, although in reality the bond markets had anticipated this following on from January’s downgrade by Standard & Poor’s. Traders will be keeping a close eye on European banks that might be affected by the French downgrade, particularly on yesterday’s news that Spanish banks had increased their bad debt ratios to 10.7%.

On the equity front easyJet gave shareholders plenty to smile about, none more so than its founder and largest shareholder Stelios Haji-Ioannou. With the company more than doubling its dividend to 21.5p, over a third of the company’s annual profits, the share price was up 44p or 6.8% by 10:15am (London time). easyJet’s strategy of targeting business passengers has seen profits fly, increasing from £248 million last year to £317 million in 2012.

Market comments from Alastair McCaig, Market Analyst, IG

goldfinger - 20 Nov 2012 13:00 - 35 of 408

Broker snap: easyJet a 'buy' after in-line full year, says Nomura
Tue 20/11/2012 - 09:51:00

Nomura has reiterated its 'buy' rating for budget airline easyJet after the firm met expectations with its full-year figures on Tuesday.

Profit before tax (PBT) for the year to September 30th came in at £317m, slightly above Nomura's £315m estimate and towards to top-end of previous guidance of £310-320m.

Full-year revenue per seat growth was 5.9%, below the broker's 6.5% forecasts, but this was heavily distorted by currency, analysts said. Excluding currency, growth was more or less in line with the third quarter at 7.5%.

Meanwhile, Nomura said: "With the strong cash flow and liquidity levels above plan (£4m per aircraft), easyJet has decided to increase the dividend payout from 20% to 33%. This reflects the confidence in returns."

However, the broker notes that easyJet's outlook continues to reflect headwinds at this early stage, such as fuel, currency movements and airport costs.

Nomura said that given these headwinds, it maintains its current-year PBT estimate of £325m.

"We recognise potential upside could come from allocated seating, yield management improvements and ongoing network developments," the broker said.

easyJet's shares were up 5.90% at 691p in mid-morning trade.

Bc

goldfinger - 20 Nov 2012 15:56 - 36 of 408

Budget airline Easyjet to launch Manchester flights direct to Moscow and Prague
Exclusive by Adam Jupp

November 20, 2012

The new Easyjet routes will created 80 jobs at Manchester Airport The new Easyjet routes will created 80 jobs at Manchester Airport
between Manchester and Russia will be launched next year.

The M.E.N can today reveal that budget airline easyJet will fly four times a week to Moscow from March.

As part of the move, the low-cost carrier will base an extra aircraft at Manchester – creating 80 jobs for pilots, cabin crew and ground handling staff.

EasyJet will also launch services to Prague in the Czech Republic and Greece's second city Thessaloniki in the spring.

Chief executive Carolyn McCall said: "We are pleased to announce the launch of the first ever scheduled services between Manchester and Moscow.

"Russia has a fast growing economy and is a country rich in culture and history - so a direct link from the north of England has been long overdue.

"With our strong European network we look forward to connecting Moscow with other European cities.

"We are also pleased to be able to announce further expansion from Manchester with the arrival of another aircraft in March 2013. This is great news for the regional economy creating much-needed jobs in the city.

"Moscow and Prague will appeal to business and leisure travellers alike, with Thessaloniki promising to be a popular choice for holidaymakers from the region. We look forward to welcoming passengers onboard our new services in spring next year."

The announcement comes just a month after the airline brought its seventh plane to Manchester and said it planned to expand its presence even further over the next 12 months.

The four-hour flights to Moscow will be on Mondays, Wednesdays, Thursdays and Sundays using an Airbus A320 with 180 seats.

Manchester will become the only airport in Britain outside of London offering Moscow flights, and the airline expects to carry more than 60,000 passengers in its first year of running the service. Manchester Airports Group chief commercial officer Ken O’Toole said: "This is a significant announcement for easyJet and we are pleased that they have chosen to fly from Manchester Airport to Moscow.

"This route will allow passengers to fly direct from the north west and not have to use London for travel to Russia.

"The basing of an additional aircraft and the inclusion of Thessaloniki, the second largest city in Greece, is also welcome - as are more services to the Czech Republic through Prague.

"EasyJet will serve 32 routes from Manchester next Summer and we look forward to working with them on the continued growth."

The new plane being brought to Manchester by easyJet will fly to Prague three times a week – on Wednesdays, Fridays and Sundays.

The Thessaloniki service will operate on Mondays and Fridays. EasyJet said bringing a new plane to Manchester would also support 250 indirect jobs.

The airline first started flying from Manchester in March 2008 and earlier this year revealed it would introduce allocated seating for all flights from Manchester from November.

Anyone wishing to change their seat will have the option to choose from three brands of pricing – £3, £8 or £12 – depending on where they want to sit.

Anyone who chooses not to pay to select their seat will be given their seat number when they check in.

http://menmedia.co.uk/manchestereveningnews/news/transport/s/1594102_budget-airline-easyjet-to-launch-manchester-flights-direct-to-moscow-and-prague

goldfinger - 21 Nov 2012 07:50 - 37 of 408

UPDATE 2-EasyJet doubles dividend as European rivals struggle
20 Nov 2012 - 14:54

* FY pretax profit 317 mln stg vs 248 mln stg * Revenue 3.85 bln stg vs 3.45 bln stg * Dividend 21.5 pence vs 10.5 pence * Shares up 6.3 pct (Adds CEO, analyst comment, shares, detail) By Rhys Jones LONDON, Nov 20 (Reuters) - British low-cost airline easyJet doubled its dividend after annual results showed it took business from fading European rivals and customers bought more cheap flights for late summer holidays. Competitors are struggling to deal with high fuel costs, weak consumer confidence and the eurozone crisis. Some ceased operations this year, leaving gaps in the market that low-cost airlines have been quick to exploit. [ID:nL5E8D30IC] IAG’s Spanish carrier Iberia said this month it would axe almost a quarter of its workforce and rationalise its network. Germany’s Lufthansa said it would deepen cost cuts to counter the rising fuel prices and limited market growth. [ID:nL5E8M92G7] "Set against the difficulties which the industry has been facing, typified by the recent Iberia announcement, easyJet has managed to shoot the lights out," said Richard Hunter, head of equities at stockbroker Hargreaves Lansdown. "The doubling of the dividend was a clear statement of management intent around easyJet’s prospects." Shares in EasyJet, which have risen by 80 percent this year compared to a 17 percent rise for the FTSE 250, were up 6.3 percent at 694.25 pence by 1053 GMT, valuing the airline at around 2.75 billion pounds. Europe's second-largest budget airline after Ryanair reported pretax profit up 28 percent at 317 million pounds ($504.46 million) for the year to the end of September, at the upper end of its guidance. [ID:nL6E8L317Q] The company based in Luton, southern England announced a full-year dividend of 21.5 pence, up from 10.5 pence last year. Profits have doubled since Carolyn McCall took over as chief executive in July 2010. She said easyJet would begin paying shareholders one third of its profit after tax each year, up from one fifth last year, confident in its strength on European short-haul routes. EasyJet said it benefited from sun-starved Britons taking last-minute holidays to Malaga and Alicante in Spain and Faro in Portugal to flee wet weather at home and from Londoners getting away after the Olympics. It added flights between top business destinations and introduced flexible tickets and allocated seating in an attempt to steal corporate customers from legacy carriers such as IAG's British Airways. "Companies are being more cost conscious, which has helped us win more corporate work," said McCall, adding that easyJet had won accounts with Britain's Parliament, defence ministry and several banks and insurers in the last year. The airline is in talks with planemakers Airbus , Boeing and Bombardier over the purchase of more fuel efficient jets and plans to increase seat capacity by up to 5 percent a year over the coming five years. EasyJet, which will fly between London, Manchester and Moscow from next year, said revenues increased 11.6 percent to 3.85 billion pounds, while its fuel bill rose 182 million pounds to 1.15 billion pounds. The carrier expects fuel costs to be around 30 million pounds higher in 2012/13. ($1 = 0.6284 British pounds) (Editing by Kate Holton and Tom Pfeiffer) ((r.jones@thomsonreuters.com)(44)(20)(7 542 4166)(Reuters Messaging: rhysl.jones.thomsonreuters.com@reuters.net)) Keywords: EASYJET/

goldfinger - 21 Nov 2012 07:52 - 38 of 408

21 Nov easyJet PLC EZJ Liberum Capital Buy 692.00 692.00 860.00 860.00 Reiterates

SP TARGET 860p.

goldfinger - 21 Nov 2012 07:54 - 39 of 408

AND another one......

21 Nov easyJet PLC EZJ UBS Buy 692.00 692.00 680.00 780.00 Reiterates

780p SP target.

goldfinger - 21 Nov 2012 08:17 - 40 of 408

21 Nov easyJet PLC EZJ Deutsche Bank Buy 0.00 692.00 745.00 745.00 Reiterates

745p SP target.

goldfinger - 21 Nov 2012 10:16 - 41 of 408

EasyJet defies recession and suspect accounting standards
By Richard Beddard | Wed, 21/11/2012 - 09:37

EasyJet has impressed me. Not just its full-year performance reported yesterday, but the way the airline reported it.

Normally big capital intensive companies have long annual reports that suck time and energy in the reading and often leave the reader clueless. EasyJet explains last year's good performance, a combination of skill and luck, with clarity and, anticipating standards that will require companies to capitalise operating leases, bringing leased aircraft on to the balance sheet and treating them as debt, it has gone ahead and capitalised them. It's an important step because capitalising them gives investors a more accurate impression of the capital required by the company and profitability, which is the return on capital.

The bad news is, EasyJet doesn't think this accounting practice will be introduced as a standard at least until 2016. Until then, for most companies, investors will have to do it for themselves.

This EasyJet spreadsheet uses only the most recent results and capitalises the operating leases at seven times lease payments, the multiplier used by EasyJet:

Although net debt rose very slightly, it's a reflection of how well EasyJet did last year in comparison to the earlier one considering the company paid no dividend in 2011 but paid £48m in dividends in 2012 plus a special dividend of £150m. The other key measures, adjusted after-tax operating profit and operating cash flow indicate strong growth.

One of the reasons the airline fared so well despite recession in Europe, where it flies to, is reduced cancellations. Cancellations are not entirely in the control of airlines; bad weather and terrorist threats can be more prevalent one year than another and in 2012 there were relatively few cancellation events, but the company has also been improving the way it manages them by investing in its Operational Control Centre. Like Share Sleuth portfolio member Dart, which operates a packaged holiday company, and Air Partner, a charter company, EasyJet reports that demand from holiday makers is holding up. It's also gaining commercial custom from private and public sector customers travelling to the popular destinations it flies to cheaply.

EasyJet differentiates itself from some of the low cost competition by flying the major routes, while still keeping costs and undercutting "legacy" airlines, often former flag-carriers, it competes with on those routes.

Judging EasyJet on its latest results alone is dangerous though, because airlines are cyclical and profitability was much lower between 2008 and 2010. And that's a shame because using averages encompassing that period would likely produce a lower estimated valuation than the latest results, which already indicate EasyJet must grow .

http://www.iii.co.uk/news-opinion/richard-beddard/easyjet-defies-recession-and-suspect-accounting-standards

goldfinger - 21 Nov 2012 16:14 - 42 of 408

easyJet: UBS raises target price from 680p to 780p, buy recommendation kept.

goldfinger - 22 Nov 2012 07:52 - 43 of 408

Broker notes in detail....

Consumer, Cyclical
easyJet (EZJ.L) Jarrod Castle, CFA........ +44-20-756 88883
Analyst
jarrod.castle@ubs.com
Price (19 Nov 2012)............692p/US$11.01
12-month rating...............Buy (Unchanged)
12m price target.....Prior:
680p/US$10.81 => 780p/US$12.40
Market cap...................£2.73bn/US$4.35bn
Full-Year EPS
2013E............................... 65.58p => 69.34p
2014E............................... 68.72p => 74.94p
O.nce again.. Easy does it.. Long may it last Full year numbers a beat with an increased dividend payout
2012 sales were £3,854m (Cons £3,878m) with yield growth of 5.9%. PBT was £317m (Cons
£314m) with EPS of 61.7p vs Cons 59.3p. Although 2012 numbers are a beat equally important
was the company increasing its 2012 ROCE (ex leases) from 12.7% to 14.5%, and dividend
p.ayout ratio from a fifth to a third. Clear guidance provided by the company, although we are more optimistic
Company guidance for 2013 is capacity growth of 3.5% (UBS 3.5% with traffic at 4%), 1H13e
yields expected to be low to mid-single digits (UBS full year 3.5%) and per seat costs (ex fuel/
currency) to be up 3-4% (UBS 3% - with EZJ in 2012 achieving a 1% fall in cost per seat ex
f.uel) despite EZJ guiding for a £35m benefit from easyJet Lean (although offset by airport fees). Greatest near term risk to forecasts relates to winter disruption
We think the greatest near term risk to forecasts is a winter which is not benign. We
acknowledge we are unable to forecast the weather but should industry capacity discipline hold,
easyJet deliver on reserved seating and business travel, and the cost savings come through we
see upside risk to consensus forecasts. We increase our 2013e and 2014e EPS from 66p and
6.9p to 69p and 75p respectively. Valuation – PT increased from 680p to 780p with Buy rating
We slightly increase the multiple from 7x 2013e EV/Ebitdar to 7.5x EV/Ebitdar 2013e given the
continued strong performance (historic mid cycle range is 7-8x). This provides a new PT of 780p
from previous 680p. We rate the shares a Buy with the next catalyst being the Q1 results in
January.

goldfinger - 22 Nov 2012 07:56 - 44 of 408

JP MORGAN.

 Competitor capacity expected to be benign: We believe one of the key
reasons EZJ has been able to grow profits despite a c£230m fuel cost
headwind, is the capacity and pricing discipline seen from competitors in
the market (driven by high fuel costs). With the price of fuel expected to
remain elevated in FY13, we expect this to continue. EZJ expects
capacity from its competitors on its routes to fall -1.8% in 1H13, a
slightly bigger decline than seen in 1H12, so EZJ should once again we
able to grow profits in FY13 despite its cost headwinds

 Valuation: On our estimates, EZJ trades on 5.9x FY13E (Sept)
EV/EBITDAR and 10.2x P/E, compared to Ryanair on 6.8x FY13E
(Mar) EV/EBITDAR and 12.4x P/E. Both EZJ/Ryanair are trading at
their 2012 YTD average P/E (based on 12-month forward consensus
EPS), although EZJ trades at a discount to Ryanair on 10.1x vs. 11.9x.

goldfinger - 22 Nov 2012 07:58 - 45 of 408

22 Nov easyJet PLC EZJ Citigroup Buy 682.00 682.00 700.00 780.00 Reiterates

SP TARGET 780p.

goldfinger - 22 Nov 2012 09:23 - 46 of 408

22 Nov easyJet PLC EZJ Oriel Securities Buy 690.75 reiterates

goldfinger - 23 Nov 2012 08:23 - 47 of 408

EZJ EASYJET

23 Nov easyJet PLC EZJ Nomura Buy 691.50 693.50 650.00 850.00 Retains

SP TARGET 850p.

goldfinger - 23 Nov 2012 12:55 - 48 of 408

EZJ EASYJET

23 Nov easyJet PLC EZJ Deutsche Bank Buy 694.25 693.50 745.00 745.00 Reiterates

SP TATGET 745p

SmartVestor - 23 Nov 2012 14:05 - 49 of 408

Any of you guys been tracking stelios latest venture FASTJET ? potential real
moneyspinner at under 4p currently and launching commercial flights next week.

Fastjet (LON:FJET) aim is to eventually ferry 12 million passengers between cities in Africa using the low-cost blueprint patented in Europe – an undertaking that would require a 40 strong fleet, but which would create a US$1 billion turnover business. Africa's aviation industry is valued at an annual $56bn (£35.7bn) but is known for a poor safety record and unreliability. Fastjet aims to set a european standard for Africa and bring air travel into the budgets of every african.The company has licences to operate from hubs in Ghana, Kenya, Tanzania and Angola.

The driving force behind Fastjet is easyjet founder Sir Stelios Haji-Ioannou, who along with other former easyjet executives have spotted great potential in aviation,s last " frontier territory ".

Website : http://www.fastjet.com/tz/corporate/board-of-directors

Latest News : 22nd November 2012

Fastjet has announced that, ahead of flight operations scheduled for next week, its first branded Airbus A319 has arrived at its base in Dar es Salaam, Tanzania.

Full approval to operate the aircraft has been granted to the African low-cost carrier by the Tanzanian Civil Aviation Authority. Two more fastjet-branded A319s are planned to be en route early next week, to be in Dar es Salaam in time for the airline’s first flight, scheduled for Thursday 29th November.

Fastjet’s team of 35 pilots, 65 cabin crew and seven maintenance specialists are already on the ground actively preparing for launch.In a little over a week since tickets went on sale, fastjet has already taken over 8,000 bookings on the first two routes; enough to fill over 60 A319s.

The fastjet.com web site received over 20,000 hits in its first four days and the mobile site is now live.Commenting on the significant progress, fastjet chairman David Lenigas said: “As expected, plans for fastjet’s official launch of operations are moving ahead right on schedule and we are delighted with the level of interest so far.“Demand for seats is high and we are in great shape to start flying next week. We are delighted to have such a solid foundation to build upon.”

Further to the Company’s announcement on July 24th 2012, fastjet has now formally entered into the £5 million Equity Financing Facility with Darwin Strategic, the majority owned subsidiary of Henderson Global Investors’ Alphagen Volantis fund.The EFF covers a three year period.

goldfinger - 23 Nov 2012 17:03 - 50 of 408

Yep seen you plugging it to me across road and on ample. Like it cheers. Waiting before all this economic crap is sorted before I buy.

goldfinger - 26 Nov 2012 12:59 - 51 of 408

26 Nov easyJet PLC EZJ Espirito Santo Execution Noble Buy 702.00 695.50 700.00 810.00 Retains

SP TARGET 810p.

SmartVestor - 26 Nov 2012 15:26 - 52 of 408

goldfinger,since i first bought in to EZJ i have retained my original holding and was
lucky with two top-ups on what turned out to be near year lows.Has been one of
my better stocks in last five years so well pleased with how things have gone.
Also now with a fastjet holding i can see them doing great things too and stelios
has not failed to deliver for me so far.

goldfinger - 27 Nov 2012 09:05 - 53 of 408

EZJ EASYJET

27 Nov easyJet PLC EZJ UBS Buy 709.75 706.50 780.00 780.00 Reiterates

SP TARGET 780p.

robinhood - 25 Jan 2013 10:27 - 54 of 408

However much I respect Stelios I really do believe it is now time for him (and the family) to back off and let the current board continue with their job in hand as it is pretty obvious they know what they are doing

MUNI - 25 Jan 2013 11:17 - 55 of 408

I had a spot of good luck with Easy. Been there since £3.80 -- so a nice bonus at the end -- but when is the end ? I think it has the potential to reach £ 12.00
Might be optimistic but there is nothing to say otherwise. Strong company, top results and in this climate it seems one of the few really to invest long term.

robinhood - 25 Jan 2013 11:41 - 56 of 408

HARRYCAT - 12 Feb 2013 12:15 - 57 of 408

Looks like these guys are set to go into the FTSE 100 at the end of the month.

goldfinger - 04 Apr 2013 07:56 - 58 of 408

Broker Notes 3/04/2013

Panmure Gordon re-iterated its "buy" recommendation on budget airline Easyjet (EZJ) with a 1,250p target price. The broker is impressed with the Q1 revenue per seat growth of 8% in a result which was significantly ahead of market expectations and news which resulted in the firm increasing its H1 revenue guidance to a range of 6-8%. Looking ahead, Panmure believes that anticipated 3-5% capacity growth will allow yields to grow strongly, boosted by increased penetration of the business market amongst other factors.

3rd april

Liberum Capital 'Buy' target 1,246.00

Reiterates

goldfinger - 05 Apr 2013 07:39 - 59 of 408

Better figures than expected this
morning on update.........

easyJet expects to deliver a first half performance in line with the guidance given in the 24 January 2013 Interim Management Statement.

Revenue per seat growth at constant currency for the six months to 31 March 2013 was c. 8.5%, marginally ahead of the guidance issued on 24 January 2013, driven in part by stronger than anticipated late bookings in the run up to Easter. easyJet's first half revenue per seat growth was approximately 1.5 percentage points higher due to the timing of Easter which fell on 31 March, a week earlier than 2012.

goldfinger - 05 Apr 2013 08:52 - 60 of 408

Well good reports all around but the market has voted down do Ive flogged mine at a loss.

Personal pride isnt going to get in my way.

Fred1new - 10 Jun 2013 08:20 - 61 of 408

This is doing v. nicely and looks good for the near future.

Comment from Digital Look

"EasyJet shares´ ascent shows no sign of stopping. Passenger numbers have grown over the last year as has the load factor for its planes - a measure of how full they are. The company has further invested in 25 pairs of arrival and departure slots at Gatwick, which looks set to increase profits further. Thus, the only question seems to be whether it should buy more aircraft to try and steal more market share from competitors, especially business travellers. For the company´s largest shareholder, Sir Stelios Haji-Ioannou, that would be a vanity excercise and a drag on profitability. The earnings multiple of 14.5, falling to 13, does not look overstretched for a growth business and the yield is 2.1%, with plenty of scope to increase. The shares are once again a buy, Questor concludes. "

Chart.aspx?Provider=EODIntra&Code=EZJ&Si

Fred1new - 23 Jul 2013 12:58 - 62 of 408

Anybody have ideas why the drop of 4.7% in SP to-day?

robinhood - 23 Jul 2013 12:59 - 63 of 408

nope- profit taking?

skinny - 23 Jul 2013 13:00 - 64 of 408

HSBC downgrade.

skinny - 24 Jul 2013 08:36 - 65 of 408

HSBC!

images?q=tbn:ANd9GcQQ-eqREXGrocSRoiWviNz

Fred1new - 24 Jul 2013 09:49 - 66 of 408

Yes!

How the mighty have feet of clay.

Up over 7.5% at the moment.

"RNS
easyJet Q3 revenue climbs 10.5% but load factor declines

StockMarketWire.com

No-frills carrier easyJet said total revenue for the third quarter to end-June grew by 10.5% to £1.142bn, driven by a 3.6% increase in capacity and improvement in revenue per seat, which improved by 6.1% to £61.44.

Revenue per seat grew by 6.1% at constant currency or by 6.7% on a reported basis to £61.44 per seat driven by network optimisation and the on-going programme of revenue initiatives including the 'europe by easyJet' campaign, improvements to the revenue management system and the benign capacity environment for easyJet.

The load factor of 88.2% was 0.9 percentage points lower than prior year primarily driven by the timing of Easter which fell on 31 March 2013, a week earlier than in 2012. Passengers carried increased by 2.6% to 16.4 million.

Cost per seat excluding fuel increased by 4.5% at constant currency or by 6.4% on a reported basis. The increase was driven by the anticipated annualisation of significant increases in airport charges at regulated airports, especially those in Spain and Italy together with higher than anticipated disruption.

easyJet has secured its new framework arrangements for new aircraft through to 2022 to allow it to continue to execute its strategy.

easyJet announced that it has reached an agreement to acquire Flybe's 25 slots at Gatwick from summer 2014 for a total consideration of £20 million, subject to Flybe's shareholder approval.

Cash and money market deposits were £1,454 million and net cash was £714 million at 30 June 2013 demonstrating easyJet's continued strong balance sheet.

easyJet expects profit before tax for the year to 30 September 2013 to be between £450 million and £480 million assuming no further significant disruption."

skinny - 24 Jul 2013 10:49 - 67 of 408

Numis Add 1,450.00 1,336.00 - 1,500.00 Reiterates

cynic - 16 Aug 2013 11:53 - 68 of 408

if the present market correction is no more than that and will soon start bouncing, then this looks a good time to buy EZJ ..... look at the history of the chart .... it hasn't challenged 200 dma since it broke north in late 2011

Chart.aspx?Provider=EODIntra&Code=EZJ&Si

Stan - 05 Sep 2013 06:16 - 69 of 408

Passenger Numbers out today.. tin hats?

skinny - 05 Sep 2013 07:09 - 70 of 408

EASYJET PASSENGER STATISTICS FOR AUGUST 2013

Stan - 05 Sep 2013 07:13 - 71 of 408

Doesn't look to bad on the face of it.

Ed: I've corrected my last post.

skinny - 05 Sep 2013 07:20 - 72 of 408

I'm hoping for the 'read across' to IAG.

skinny - 06 Nov 2013 07:03 - 73 of 408

Passenger Statistics For October 2013

midknight - 06 Nov 2013 11:41 - 74 of 408

Nov 6: AlphaValue: Reduce - TP: 1126.90p Upgrade

skinny - 19 Nov 2013 07:04 - 75 of 408

Final Results

Strategic progress

Drive demand, conversion and yields across Europe

· Total revenue per seat grew by 7.0% to £62.58 driven by a benign capacity environment and positive management action including allocated seating, improvements to easyJet.com and the 'europe by easyJet' campaign.

· Seats flown grew by 3.3% to 68.0 million as a result of easyJet's disciplined approach to capacity, load factors increased by 0.6 percentage points to 89.3% and passenger numbers rose by 4.0% to 60.8 million.

Maintain cost advantage

· Cost per seat excluding fuel increased 3.9% at constant currency for the full year (5.3% on a reported basis). 2.0 percentage points of the cost increase was driven by increased charges at regulated airports in Spain and Italy and a further 0.8 percentage point relates to increased disruption and de-icing costs. Inflationary pressures were largely offset by the continued success of the easyJet lean programme.

Build strong number 1 and 2 network positions
· easyJet has consolidated its presence in key airports with over a 40% share of short haul in key airports such as Gatwick, Milan Malpensa and Basel (2) and has built up its share of French regional flying and grown strongly in Italy.

· easyJet announced new base openings in Hamburg and in Naples. This was enabled in part by easyJet's returns focused decision to close the Madrid base.

Disciplined use of capital

· easyJet ended the financial year with £1,237 million of cash, an increase of £354 million against the position at 30 September 2012. easyJet had adjusted net debt of £156 million.

· The Board is recommending a return to shareholders of £175 million which will be in the form of a special dividend of 44.1 pence a share and is subject to shareholder approval at the Company's AGM on 13 February 2014. This is in addition to the regular ordinary dividend of £133 million or 33.5 pence a share based on its existing policy of paying out one third of annual profit after tax.

· Following the acquisition of Flybe's slots at Gatwick, easyJet exercised the six remaining aircraft options under the current generation Airbus agreement on 31 October 2013 for delivery in spring 2015.

goldfinger - 19 Nov 2013 08:02 - 76 of 408

Had another slug of these at the kick off.

That special divi looks tasty.

goldfinger - 19 Nov 2013 08:59 - 77 of 408

Special Dividend in 2014. One worth considering........

EZJ%2015.JPG

goldfinger - 19 Nov 2013 09:03 - 78 of 408

First note out.........

Nov 2013 easyJet PLC EZJ Numis Buy 1,319.00 1,256.00 1,600.00 1,600.00 Reiterates

SP TARGET 1600p

goldfinger - 19 Nov 2013 10:16 - 79 of 408

UPDATE 1-EasyJet underlines advantage over Ryanair as profit soars
19 Nov 2013 - 07:49

(Adds details) LONDON, Nov 19 (Reuters) - British budget airline easyJet underlined its growing advantage over struggling Irish rival Ryanair on Tuesday, reporting annual profit at the top end of forecasts and returning cash to shareholders. The Luton, southern England-based firm said on Tuesday it made a pretax profit of 478 million pounds ($770 million) for the year to the end of September, up 51 percent and at the upper end of its forecast for 470-480 million pounds profit, provided last month. Sales rose 10.5 percent to 4.26 billion pounds. The airline also said it plans to return 175 million pounds to shareholders through a special dividend "as evidence of our continued confidence in the future prospects of the business" said Chief Executive Carolyn McCall. The upbeat assessment is in contrast to that given by Ryanair, Europe's biggest budget airline, which this month cut its annual profit target for the second time in two months and admitted it needed to improve customer service. [IDLnS8N0H8010] Rival airlines have been struggling with high fuel costs and weak consumer confidence, sending some smaller carriers out of business while the likes of British Airways owner IAG and Air France-KLM have cut routes, leaving gaps that low-cost airlines have been quick to exploit. Over the last three years easyJet has added flights on routes where rivals have cut back, and introduced more flights between top business destinations. It has also added flexible ticketing to allow passengers to change their flight up to two hours before scheduled departure time, and allocated seating in an attempt to steal corporate customers. EasyJet proposed a full year dividend of 33.5 pence a share, 55.6 percent up on last year, and a special dividend of 44.1 pence per share, making a total payout to investors of 308 million pounds. It said forward bookings were in line with last year but that its first quarter would be impacted by tough year-on-year comparisons due to strong post-Olympics demand in the UK and travel restrictions to Egypt. However, easyJet still expects to grow capacity, measured in seats flown, by 5 percent in the coming year. ($1 = 0.6206 British pounds) (Reporting by Rhys Jones; editing by James Davey and Kate Holton) ((r.jones@thomsonreuters.com)(44)(20)(7 542 4166)(Reuters Messaging: rhysl.jones.thomsonreuters.com@reuters.net)) Keywords: EASYJET RESULTS/

goldfinger - 19 Nov 2013 11:47 - 80 of 408

EasyJet underlines advantage over Ryanair as profit soars

ReutersNovember 19, 2013, 3:23 pm

LONDON (Reuters) - British budget airline easyJet underlined its growing advantage over struggling Irish rival Ryanair on Tuesday, reporting annual profit at the top end of forecasts and returning cash to shareholders.

The Luton, southern England-based firm said on Tuesday it made a pretax profit of 478 million pounds for the year to the end of September, up 51 percent and at the upper end of its forecast for 470-480 million pounds profit, provided last month. Sales rose 10.5 percent to 4.26 billion pounds.

The airline also said it plans to return 175 million pounds to shareholders through a special dividend "as evidence of our continued confidence in the future prospects of the business" said Chief Executive Carolyn McCall.

The upbeat assessment is in contrast to that given by Ryanair, Europe's biggest budget airline, which this month cut its annual profit target for the second time in two months and admitted it needed to improve customer service.

Rival airlines have been struggling with high fuel costs and weak consumer confidence, sending some smaller carriers out of business while the likes of British Airways owner IAG and Air France-KLM have cut routes, leaving gaps that low-cost airlines have been quick to exploit.

Over the last three years easyJet has added flights on routes where rivals have cut back, and introduced more flights between top business destinations. It has also added flexible ticketing to allow passengers to change their flight up to two hours before scheduled departure time, and allocated seating in an attempt to steal corporate customers.

EasyJet proposed a full year dividend of 33.5 pence a share, 55.6 percent up on last year, and a special dividend of 44.1 pence per share, making a total payout to investors of 308 million pounds.

It said forward bookings were in line with last year but that its first quarter would be impacted by tough year-on-year comparisons due to strong post-Olympics demand in the UK and travel restrictions to Egypt.

However, easyJet still expects to grow capacity, measured in seats flown, by 5 percent in the coming year.

(Reporting by Rhys Jones; editing by James Davey and Kate Holton)

http://au.news.yahoo.com/thewest/business/a/-/world/19916981/easyjet-underlines-advantage-over-ryanair-as-profit-soars/

goldfinger - 19 Nov 2013 12:01 - 81 of 408

Another Broker update.....

19 Nov 2013 easyJet PLC EZJ Investec Buy 1,338.00 1,256.00 1,500.00 1,500.00 Retains SP Target 1500p

goldfinger - 19 Nov 2013 12:05 - 82 of 408

UPDATE 2-EasyJet's profit leap underlines advantage over Ryanair

19 Nov 2013 - 11:57

(Adds CEO, analyst comment, shares, details) By Rhys Jones LONDON, Nov 19 (Reuters) - British budget airline easyJet reported a sharp rise in annual profit and said it would pay a 175 million pound ($282 million) special dividend to shareholders, underlining its advantage over larger Irish rival Ryanair . EasyJet's pretax profit rose 51 percent in the financial year ended September, helped by the introduction of allocated seating across its routes and strong revenues in many of its European markets. Chief Executive Carolyn McCall said on Tuesday that the airline, which carried 61 million passengers, offered "friendly service so that we can continue to win in a more competitive market." EasyJet's upbeat assessment was in contrast to that given by Ryanair, Europe's biggest budget airline by passengers, which earlier this month cut its annual profit target for the second time in two months and admitted it needed to improve customer service. [ID:nL5N0IP086] Europe's airlines are grappling with high fuel costs and weak consumer confidence, which have sent some smaller carriers including Spanair and Hungary's Malev out of business in the last two years leaving gaps for low-cost airlines to exploit. Older traditional airlines such as IAG , Air France-KLM and Lufthansa , are cutting jobs, renegotiating staff contracts and dropping uncompetitive routes to get costs down to similar levels as budget carriers. Shares in easyJet, which have doubled over the last year, were 7 percent higher at 1150 GMT on Tuesday, valuing the airline at more than 5 billion pounds. Ryanair was up 1.6 percent. < ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ BREAKINGVIEWS-Easyjet’s growth will get harder to replicate [ID:nL5N0J421Y] ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> TOUGHER OUTLOOK Over the last three years Luton, southern England-based easyJet has added flights on routes where rivals have cut back, and introduced more flights between top business destinations. It has also added flexible ticketing to allow passengers to change their flight up to two hours before scheduled departure time and allocated seating in an attempt to steal corporate customers. Typically budget airlines have not given customers a numbered seat, resulting in a rush to board planes. EasyJet, which recently took over Flybe's slots at London's Gatwick airport, said it carried 11 million business passengers during the 2012/13 financial year, 1 million more than the previous year. "We are flattered by what our customers say about us and the results show the hard yards we have put in are paying off," CEO McCall said. However, she warned that easyJet faces a challenge this winter as rivals add capacity. She expects European capacity to rise 2 percent in the first half, compared with a 4 percent fall last year. "EasyJet is setting expectation for a tougher 2014," said Jefferies analyst Mark Irvine-Fortescue, citing increased competition from new low-cost carriers looking to expand, such as Norwegian Air Shuttle and Vueling. "There will continue to be retrenchment by less efficient airlines," he said. EasyJet proposed a full-year dividend of 33.5 pence a share, 56 percent up on last year, and a special dividend of 44.1 pence per share, or 175 million pounds, taking its total payout to investors to 308 million pounds. It made an annual pretax profit of 478 million pounds ($770 million), while sales rose 10.5 percent to 4.26 billion pounds. ($1 = 0.6206 British pounds) (Editing by Erica Billingham) ((r.jones@thomsonreuters.com)(44)(20)(7 542 4166)(Reuters Messaging: rhysl.jones.thomsonreuters.com@reuters.net)) Keywords: EASYJET RESULTS/

goldfinger - 19 Nov 2013 14:44 - 83 of 408

19 Nov 2013 easyJet PLC EZJ Credit Suisse Neutral 1,338.50 1,256.00 1,518.00 1,518.00 Reiterates SP target 1518p

goldfinger - 19 Nov 2013 14:59 - 84 of 408

easyJet’s “Buy” Rating Reaffirmed at Investec (EZJ)

Posted by Stuart Ham on Nov 19th, 2013

easyJet (LON:EZJ)‘s stock had its “buy” rating reaffirmed by equities researchers at Investec in a research report issued on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 1,500 ($24.18) price target on the stock. Investec’s price target would suggest a potential upside of 19.43% from the stock’s previous close.

easyJet (LON:EZJ) opened at 1360.00 on Tuesday. easyJet has a one year low of GBX 637.50 and a one year high of GBX 1465.00. The stock has a 50-day moving average of GBX 1278. and a 200-day moving average of GBX 1284.. The company’s market cap is £5.345 billion.

A number of other firms have also recently commented on EZJ. Analysts at Credit Suisse reiterated a “neutral” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,518 ($24.47) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,600 ($25.79) price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a “hold” rating on shares of easyJet in a research note to investors on Monday. They now have a GBX 1,400 ($22.57) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seventeen have assigned a buy rating to the company. easyJet presently has an average rating of “Buy” and an average target price of GBX 1,386.85 ($22.36).

easyJet plc (LON:EZJ) is an airline carrier operating in Europe.

goldfinger - 19 Nov 2013 16:06 - 85 of 408

Cantor Fitzgerald Reiterates Hold Rating for easyJet (EZJ)

Posted by Stuart Ham on Nov 18th, 2013

easyJet (LON:EZJ)‘s stock had its “hold” rating reaffirmed by equities research analysts at Cantor Fitzgerald in a research note issued to investors on Monday, ARN reports. They currently have a GBX 1,400 ($22.57) price target on the stock. Cantor Fitzgerald’s price objective points to a potential upside of 10.67% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of easyJet in a research note to investors on Thursday. They now have a GBX 1,680 ($27.08) price target on the stock. Separately, analysts at Investec cut their price target on shares of easyJet from GBX 1,550 ($24.99) to GBX 1,500 ($24.18) in a research note to investors on Friday, November 8th. They now have a “buy” rating on the stock. Finally, analysts at Liberum Capital initiated coverage on shares of easyJet in a research note to investors on Thursday, November 7th. They set a “buy” rating and a GBX 1,500 ($24.18) price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seventeen have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 1,386.85 ($22.36).

easyJet (LON:EZJ) opened at 1255.60 on Monday. easyJet has a 52 week low of GBX 636.50 and a 52 week high of GBX 1465.00. The stock has a 50-day moving average of GBX 1278. and a 200-day moving average of GBX 1281.. The company’s market cap is £4.935 billion.

easyJet plc (LON:EZJ) is an airline carrier operating in Europe.

goldfinger - 19 Nov 2013 16:12 - 86 of 408

easyJet Flying High on Year End Results
By Lou Gutheil

PUBLISHED: 19 Nov 2013 @ 14:46 | Comments (0) | More info about Lou Gutheil

easyJet’s (LSE:EZJ) share price continued its year-long ascent this morning after some mild turbulence over the past three months. By 1:00 pm today EZJ’s share price was 1,359 pence, up 103.0 from 1,256, an increase of 8.2% on the day.

The company released its final results for the year ending 30 September this morning, and the results were quite impressive.

51% increase in profits to £478 million (2012: £317 million)
10% increase in total revenue to £4,258 (2012: £3,854 million)
3% increase in operating margin basis points from 8.2% to 11.2%
55.8% proposed increase in dividend per share from 21.5 to 33.5 pence
Revenue per seat: up 7.0%
Seats flown: up 3.3%
Return on capital: up 6.1%
On-time performance rating: 87%

If the numbers are interesting, easyJet’s strategic plan is exciting. Clearly, executive management understands the issues faced by the airline industry, and its strategy, therefore, continues to be robustly successful. Whilst legacy airlines struggle to transform themselves, easyJet keeps carving out a larger piece of its niche and, at the same time, proving that it can be done profitably.

Building a low-cost airline is much more than offering low fares. In fact, the low fares are not a feature of a low-cost airline, they are a benefit made possible by operating the airline at controlled, lower than average costs. The company summed up its advantage in the competitive skyscape: ”easyJet has a cost advantage over its competitors in the airports that it operates from, allowing it to offer competitive and affordable fares. Its key competitors in the primary airports it operates from tend to be legacy carriers with older, less efficient aircraft, lower asset utilisation, lower seat densities and load factors and higher levels of fixed costs. easyJet’s lower cost base enables it to offer the affordable fares its customers value.”

Moving forward, the entire cost-driven strategy remains key to the company’s expansion and growth. ”easyJet is committed to maintaining its structural cost advantage against the legacy and charter operators who are its major competitors in the airports it operates from. Under the sponsorship of the Chief Financial Officer, easyJet lean is a programme designed to ensure unit cost growth excluding fuel is kept below the prevailing market inflation. The focus is on both reducing existing costs and initiatives designed to keep cost out, with targets set through to 2015 and beyond.”

Speaking of expansion and growth, easyJet also announced today that it will launch two additional routes out of Gatwick on 30 March 2014. Those flights will operate twice daily to Brussels and four times weekly to Strasbourg, adding to the 107 routes already being flown out of the airport. The company projects that it will be flying close to 1.3 million additional passengers per year following March 2013 and it will be hiring around 200 additional flight and cabin crew members in the interim to ensure service to scale.

Carolyn McCall, easyJet CEO, said “easyJet has delivered a strong full year performance and made significant progress against executing its strategic priorities. The results reflect easyJet’s continued structural advantage in the European short-haul market against both the legacy and low cost competition.”

Looking ahead, “easyJet expects that legacy carriers will continue to cut capacity from their unprofitable short-haul operations but that there will be increased competition from the new low-cost carriers looking to expand. Whilst the benign capacity environment is unlikely to continue in the short term, there will continue to be retrenchment by less efficient airlines and therefore opportunities for easyJet to continue to take profitable share in its core markets.”

Its keen awareness of the need to maintain tightly-controlled operational efficiency will be the foundation upon which easyJet will continue to flourish.

cynic - 19 Nov 2013 16:21 - 87 of 408

missed this one by miles, and prob far too late to jump on board now (unless cabin bags only!)

Stan - 19 Nov 2013 16:28 - 88 of 408

Agree, Good news with this lot for a while these days it seems.

goldfinger - 20 Nov 2013 08:12 - 89 of 408

20 Nov 2013 easyJet PLC EZJ Deutsche Bank Buy 1,342.50 1,345.00 1,560.00 1,560.00 Reiterates

SP TARGET 1560p

goldfinger - 20 Nov 2013 08:20 - 90 of 408

easyJet (EZJ) Plans Dividend of GBX 77.60
Posted by John Perry on Nov 19th, 2013

easyJet (LON:EZJ) declared a dividend on Tuesday, November 19th, AR Network reports. Stockholders of record on Wednesday, February 26th will be given a dividend of GBX 77.60 ($1.25) per share on Friday, March 21st. This represents a yield of 5.78%. The ex-dividend date of this dividend is Wednesday, February 26th. The official announcement can be seen at this link.

Several analysts have recently commented on the stock. Analysts at Investec reiterated a “buy” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,500 ($24.18) price target on the stock. On a related note, analysts at Credit Suisse reiterated a “neutral” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,518 ($24.47) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,600 ($25.79) price target on the stock. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seventeen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of GBX 1,386.85 ($22.36).

easyJet (LON:EZJ) traded up 7.09% on Tuesday, hitting GBX 1345.00. The stock had a trading volume of 6,169,884 shares. easyJet has a 52 week low of GBX 637.50 and a 52 week high of GBX 1465.00. The stock’s 50-day moving average is GBX 1278. and its 200-day moving average is GBX 1284.. The company’s market cap is £5.286 billion.

easyJet plc (LON:EZJ) is an airline carrier operating in Europe

cynic - 20 Nov 2013 08:20 - 91 of 408

i think the markets could be in for several days consolidation or retrenchment, so i'll hold off for now, but could dip a toe in due course

goldfinger - 20 Nov 2013 08:37 - 92 of 408

Should have been in 2 days ago. Certainlt from the off on that news about the special divi.

Suprised you werent.

Bet you were arguing with fred.

cynic - 20 Nov 2013 08:41 - 93 of 408

confess it isn't a stock i've ever followed so it was somewhat under the radar
can't chase everything :-)

goldfinger - 20 Nov 2013 09:15 - 94 of 408

BREAKOUT CONFIRMED This morning now for a
go at taking out above resistance and recent high
at 1452p.........

EZJ%2015.JPG

jimmy b - 21 Nov 2013 16:12 - 95 of 408

Bouncing nicely .

goldfinger - 21 Nov 2013 16:56 - 96 of 408

Very nicely. Lovely.

cynic - 21 Nov 2013 17:06 - 97 of 408

muppet has been a true muppet with hindsight :-)

skinny - 21 Nov 2013 17:06 - 98 of 408

Well done on these! grrrr.

jimmy b - 21 Nov 2013 23:46 - 99 of 408

Good call GF.

goldfinger - 22 Nov 2013 02:32 - 100 of 408

Could possibly take out the Aug high tomorrow.

Chart.aspx?Provider=EODIntra&Code=EZJ&Si

skinny - 22 Nov 2013 06:40 - 101 of 408

Liberum Capital Buy 1,413.00 1,413.00 1,500.00 1,600.00 Reiterates

goldfinger - 22 Nov 2013 08:10 - 102 of 408

Another Broker note out this morning....

22 Nov 2013 easyJet PLC EZJ Liberum Capital Buy 1,375.00 1,413.00 1,500.00 1,600.00 Reiterates

SP TARGET 1600p

goldfinger - 22 Nov 2013 08:24 - 103 of 408

easyJet Given “Buy” Rating at Deutsche Bank (EZJ)
Posted by Stuart Ham on Nov 21st, 2013

Deutsche Bank reiterated their buy rating on shares of easyJet (LON:EZJ) in a research report sent to investors on Wednesday morning, Stock Ratings Network reports. The firm currently has a GBX 1,560 ($25.15) price target on the stock.

Deutsche Bank has also updated their ratings on a number of other stocks in the last week. The firm reiterated its buy rating on shares of Trina Solar. They have a $23.00 price target on that stock. Also, Deutsche Bank raised its price target on shares of Diana Shipping from $12.00 to $13.00. They have a hold rating on that stock. Finally, Deutsche Bank downgraded shares of Yanzhou Coal Mining from a hold rating to a sell rating.

Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a buy rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,500 ($24.18) price target on the stock. Separately, analysts at Credit Suisse reiterated a neutral rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,518 ($24.47) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a buy rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,600 ($25.79) price target on the stock. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seventeen have issued a buy rating to the company. The company has a consensus rating of Buy and an average price target of GBX 1,389.23 ($22.40).

Shares of easyJet (LON:EZJ) opened at 1410.00 on Wednesday. easyJet has a one year low of GBX 679.00 and a one year high of GBX 1465.00. The stock’s 50-day moving average is GBX 1282.56 and its 200-day moving average is GBX 1286.. The company’s market cap is £5.541 billion.

The company also recently declared a dividend, which is scheduled for Friday, March 21st. Stockholders of record on Wednesday, February 26th will be given a dividend of $77.60 per share. This represents a yield of 5.78%. The ex-dividend date of this dividend is Wednesday, February 26th.

easyJet plc (LON:EZJ) is an airline carrier operating in Europe.

goldfinger - 25 Nov 2013 08:11 - 104 of 408

BROKER UPGRADE.
Nov 2013 easyJet PLC EZJ Jefferies International Buy 1,370.00 1,405.00 1,470.00 1,620.00 Upgrades SP Target 1,620p

goldfinger - 25 Nov 2013 08:26 - 105 of 408

Edition 4802/2013
Hong Kong Herald

http://www.hongkongherald.com8:21 AM Monday 25 November 2013 Hong Kong News

Easyjet makes money from selling seats
Hong Kong Herald Sunday 24th November, 2013

Easyjet has enjoyed a rise in fortune due to its seat booking option.

Chief executive for the company, Carolyn McCall, said the airline was greatly boosted by the option.

She said the company had taken in a 51% rise in yearly pre-tax profits partially due to the introduction of allocated seats.

Allowing passengers to book their seats, she said, had improved profitability greatly, with the result being a special dividend payment for shareholders.

A payout from Easyjet to shareholders will amount to around 72 US cents per share.

The airline will also grant a regular ordinary dividend payment of 54 US cents a share, based on its existing policy of paying out one third of annual profit after tax.

Easyjet saw average profits per seat rise 46%. It expects to increase passenger numbers over the year ahead.

goldfinger - 25 Nov 2013 09:59 - 106 of 408

Michael Hewson ‏@mhewson_CMC 6m
Airline stocks leading #FTSE higher with EZJ and IAG up on lower oil price.

goldfinger - 25 Nov 2013 12:09 - 107 of 408

Broker Snapshot for Easyjet.........

Looks very bullish.......

easyJet Broker Views

Date Broker Recommendation Price Old target price New target price Notes
25 Nov Jefferies International Buy 1,428.00 1,470.00 1,620.00 Upgrades
22 Nov Liberum Capital Buy 1,428.00 1,500.00 1,600.00 Reiterates
21 Nov Barclays Capital Overweight 1,428.00 1,530.00 1,530.00 Reiterates
20 Nov Deutsche Bank Buy 1,428.00 1,560.00 1,560.00 Reiterates
19 Nov Credit Suisse Neutral 1,428.00 1,518.00 1,518.00 Reiterates

skinny - 26 Nov 2013 07:30 - 108 of 408

JP Morgan Cazenove Overweight 1,433.00 1,434.00 1,540.00 1,725.00 Reiterates

Deutsche Bank Buy 1,433.00 1,434.00 1,560.00 1,560.00 Reiterates

Citigroup Buy 1,433.00 1,434.00 1,600.00 1,600.00 Reiterates

goldfinger - 26 Nov 2013 10:20 - 109 of 408

easyJet Given New GBX 1,725 Price Target at JPMorgan Chase & Co. (EZJ)

Posted by Wayne Rhoads on Nov 26th, 2013

JPMorgan Chase & Co. hoisted their price objective on shares of easyJet (LON:EZJ) from GBX 1,540 ($25.00) to GBX 1,725 ($28.00) in a research note issued on Tuesday, Analyst Ratings News reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 20.29% from the stock’s previous close.

EZJ has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,600 ($25.97) price target on the stock. Separately, analysts at Jefferies Group upgraded shares of easyJet to a “buy” rating in a research note to investors on Monday. They now have a GBX 1,620 ($26.29) price target on the stock, up previously from GBX 1,470 ($23.86). Finally, analysts at Liberum Capital raised their price target on shares of easyJet from GBX 1,500 ($24.35) to GBX 1,600 ($25.97) in a research note to investors on Friday. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. easyJet has an average rating of “Buy” and an average target price of GBX 1,415.86 ($22.98).

Shares of easyJet (LON:EZJ) opened at 1440.00 on Tuesday. easyJet has a 1-year low of GBX 695.00 and a 1-year high of GBX 1465.00. The stock has a 50-day moving average of GBX 1290. and a 200-day moving average of GBX 1293.. The company’s market cap is £5.659 billion.

The company also recently declared a dividend, which is scheduled for Friday, March 21st. Shareholders of record on Wednesday, February 26th will be given a dividend of $77.60 per share. This represents a yield of 5.78%. The ex-dividend date of this dividend is Wednesday, February 26th.

easyJet plc (LON:EZJ) is an airline carrier operating in Europe.

goldfinger - 26 Nov 2013 10:22 - 110 of 408

easyJet upgraded by Jefferies

25th November 2013, 14:04

Analysts at Jefferies are becoming increasingly confident that easyJet [LON:EZJ] will return to a period of share price outperformance, following a summer pause, according to their airlines industry research note, issued today.

The broker stated that it has become more relaxed over the company’s ability to maintain a strong competitive position, through ongoing self-help initiatives, and believes it is also in a better position to return cash to shareholders.

As a result, Jefferies has upgraded its recommendation on the stock to ‘buy’ from ‘hold’.

The broker has also increased its price target to 1,620 pence per share from 1,470 pence.

In the same note, analysts have retained their ‘buy’ recommendation on International Consolidated Airlines Group [LON:IAG], albeit, conceding that the shares may pause for breath until further news is forthcoming regarding the Iberia restructuring.

IAG’s price target has been increased to 410 pence per share (previously 355 pence) to reflect the “encouraging progress” made to date.

At 2:01pm:

easyJet share price was up 22.5 pence at 1,427.5 pence.

International Consolidated Airlines Group share price was up 11.45 pence at 374.25 pence.

skinny - 26 Nov 2013 10:28 - 111 of 408

I wish - that should read IAG up 1.45 @374.25p

goldfinger - 26 Nov 2013 11:12 - 112 of 408

Well spoted skinny........hawk eye.

goldfinger - 26 Nov 2013 11:47 - 113 of 408

EZJ Broker Note out....

26 Nov 2013 easyJet PLC EZJ Investec Buy 1,439.50 1,434.00 1,500.00 1,675.00 Retains SP TARGET 1675p

goldfinger - 02 Dec 2013 15:41 - 114 of 408

easyJet Given Sector Perform Rating at RBC Capital (EZJ)

Posted by Wayne Rhoads on Dec 2nd, 2013

easyJet (LON:EZJ)‘s stock had its “sector perform” rating restated by equities researchers at RBC Capital in a research report issued on Monday, AR Network reports. They currently have a GBX 1,500 ($24.56) price target on the stock. RBC Capital’s price target would suggest a potential upside of 5.34% from the stock’s previous close.

Shares of easyJet (LON:EZJ) opened at 1412.00 on Monday. easyJet has a 52-week low of GBX 705.00 and a 52-week high of GBX 1465.00. The stock’s 50-day moving average is GBX 1311. and its 200-day moving average is GBX 1299.. The company’s market cap is £5.549 billion.

The company also recently declared a dividend, which is scheduled for Friday, March 21st. Stockholders of record on Wednesday, February 26th will be given a dividend of $77.60 per share. This represents a yield of 5.78%. The ex-dividend date of this dividend is Wednesday, February 26th.

A number of other firms have also recently commented on EZJ. Analysts at JPMorgan Chase & Co. raised their price target on shares of easyJet from GBX 1,540 ($25.21) to GBX 1,725 ($28.24) in a research note to investors on Tuesday, November 26th. They now have an “overweight” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of easyJet in a research note to investors on Tuesday, November 26th. They now have a GBX 1,600 ($26.20) price target on the stock. Finally, analysts at Jefferies Group upgraded shares of easyJet to a “buy” rating in a research note to investors on Monday, November 25th. They now have a GBX 1,620 ($26.52) price target on the stock, up previously from GBX 1,470 ($24.07). Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eighteen have assigned a buy rating to the stock. easyJet presently has an average rating of “Buy” and a consensus target price of GBX 1,426.09 ($23.35).

easyJet plc (LON:EZJ) is an airline carrier operating in Europe

skinny - 05 Dec 2013 07:06 - 115 of 408

Passenger Statistics for November 2013

goldfinger - 05 Dec 2013 15:07 - 116 of 408

05 Dec 2013 easyJet PLC EZJ Goodbody Buy 1,400.00 1,407.00 - 1,740.00 Reiterates

SP TARGET 1740p

goldfinger - 06 Dec 2013 08:45 - 117 of 408

EasyJet goes after Chinese travelers

Dec 03, 2013
LONDON, England - EasyJet will hope to cash in on the growth of Chinese outbound travel with a new dedicated Chinese homepage.

The low-cost carrier has launched a website with simplified Chinese information about the airline and an ‘Inspire Me’ tool where they can find destination information.

Bookings will be connected through a Chinese version of Booking.com.

In addition the airline has signed up onto VisitBritain’s Welcome Charter, with its efforts amidst a rise in Chinese taking easyJet flights.

“This year easyJet has seen a 25% increase in bookings from China versus 2012. Along with the other BRIC economies, the demand from Chinese customers is predicted to continue to grow over the coming years which means that, with a dedicated homepage, easyJet is ideally positioned to capture more of the market of the millions of Chinese who are travelling to and within Europe every year,” said easyJet’s chief executive Carolyn McCall.

“I am delighted to also announce that easyJet is signing up to VisitBritain’s China Welcome Charter, the aim of which is for businesses in the UK to ensure that by 2015 the UK is the most welcoming destination in Europe,” she added.

Its announcement comes as Prime Minister David Cameron embarks on a trade visit to China with 130 business delegates.

Speaking about the China Welcome Charter, Cameron said: “This government’s priority is to secure the economic recovery and we are determined to all we can to help British companies to succeed. I am firmly committed to playing my part which is why I have taken more than 130 business delegates to China. My aim is to open the door for them in this fast-growing market, creating opportunities for them to expand their business.”

goldfinger - 06 Dec 2013 09:40 - 118 of 408

Pick Easyjet for potential growth and dividends
December 5, 2013 | Filed under: Comment & Opinion,Dividends,Large cap,Stock Market Analysis,Uncategorized | Posted by: Mark Riding

http://www.investorsintelligence.co.uk/2013/12/05/pick-easyjet-for-growth-and-dividends/

goldfinger - 10 Dec 2013 11:38 - 119 of 408

10 Dec 2013 easyJet PLC EZJ Barclays Capital Overweight 1,445.00 1,436.00 1,530.00 1,530.00 Reiterates

SP TARGET 1530p

goldfinger - 12 Dec 2013 02:56 - 120 of 408

Goldman Sachs ups Easyjet to Buy, Target 1960p, "Growth path; up to Buy and onto Conviction List"

goldfinger - 13 Dec 2013 12:39 - 121 of 408

easyJet’s “Buy” Rating Reaffirmed at Goodbody Stockbrokers Ltd (EZJ)
Posted by Bonnie Powley on Dec 13th, 2013

easyJet logoeasyJet (LON:EZJ)‘s stock had its “buy” rating restated by Goodbody Stockbrokers Ltd in a research note issued on Friday, AnalystRatings.Net reports.
EZJ has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,530 ($25.02) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of easyJet in a research note to investors on Monday, December 2nd. They now have a GBX 1,500 ($24.53) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of easyJet from GBX 1,540 ($25.18) to GBX 1,725 ($28.20) in a research note to investors on Tuesday, November 26th. They now have an “overweight” rating on the stock. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eighteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 1,414 ($23.12).
easyJet (LON:EZJ) opened at 1478.00 on Friday. easyJet has a 1-year low of GBX 723.50 and a 1-year high of GBX 1496.00. The stock has a 50-day moving average of GBX 1333. and a 200-day moving average of GBX 1309.68. The company’s market cap is £5.809 billion.

The company also recently announced a dividend, which is scheduled for Friday, March 21st. Shareholders of record on Wednesday, February 26th will be paid a dividend of GBX 77.60 ($1.27) per share. This represents a dividend yield of 5.78%. The ex-dividend date is Wednesday, February 26th.
easyJet plc (LON:EZJ) is an airline carrier operating in Europe.

goldfinger - 24 Dec 2013 09:26 - 122 of 408

EasyJet hits record after Goldman rethink

By Bryce Elder

In the three years since Goldman Sachs removed EasyJet from its “buy” list, the stock has gained 213 per cent. Yesterday, after a change of lead analyst, it was added back.

Goldman forecast EasyJet to return £1.5bn to shareholders between 2016 and 2018.
High quality global journalism requires investment.

While fare growth was likely to stall, network expansion and cost savings could still deliver annual earnings growth of around 11 per cent, the broker argued.

“We believe EasyJet will continue to capitalise on significant growth opportunities in the European short-haul market as legacy carriers further restructure their inefficient cost bases,” said analyst Alexia Dogani, who was poached by Goldman in July from Liberum Capital.

“Any potential Alitalia network restructuring would also offer a growth opportunity as EasyJet has the largest overlap on its short-haul network.”

Goldman had a £19.60 target on EasyJet

jimmy b - 06 Jan 2014 14:26 - 123 of 408

Going well today .

goldfinger - 06 Jan 2014 15:10 - 124 of 408

Yep lovely.

skinny - 07 Jan 2014 07:07 - 125 of 408

EASYJET PASSENGER STATISTICS FOR DECEMBER 2013

cynic - 07 Jan 2014 07:10 - 126 of 408

December passengers 4,490,538, up 3.5 percent * Load factor 87.9% *
is that any better or worse than expected?

goldfinger - 08 Jan 2014 08:53 - 127 of 408

EZJ overtakes rival Ryan Air plus below.......

ezj%202.JPG

cynic - 08 Jan 2014 09:06 - 128 of 408

and EZJ aren't a bunch of shysters either!

goldfinger - 08 Jan 2014 09:23 - 129 of 408

get emm bought then.

jimmy b - 08 Jan 2014 09:31 - 130 of 408

On passengers who forget to print their boarding passes: "We think they should pay €60 for being so stupid."

That's O Leary doing a Gerald Ratner ,everyone should have stopped using his airline.

goldfinger - 08 Jan 2014 09:37 - 131 of 408

easyJet Given “Buy” Rating at Beaufort Securities (EZJ)
Posted by Stuart Ham on Jan 8th, 2014

easyJet logoeasyJet (LON:EZJ)‘s stock had its “buy” rating reaffirmed by Beaufort Securities in a research note issued on Wednesday, Stock Ratings Network reports.

Shares of easyJet (LON:EZJ) opened at 1616.00 on Wednesday. easyJet has a 1-year low of GBX 816.97 and a 1-year high of GBX 1615.00. The stock has a 50-day moving average of GBX 1473. and a 200-day moving average of GBX 1348.81. The company’s market cap is £6.352 billion.
Several other analysts have also recently commented on the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of easyJet in a research note to investors on Friday, December 13th. Separately, analysts at Barclays reiterated an “overweight” rating on shares of easyJet in a research note to investors on Tuesday, December 10th. They now have a GBX 1,530 ($25.09) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eighteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,414.71 ($23.20).
easyJet plc (LON:EZJ) is an airline carrier operating in Europe.

cynic - 08 Jan 2014 10:34 - 132 of 408

sticky - i already hold

goldfinger - 14 Jan 2014 14:45 - 133 of 408

EasyJet upgraded by Credit Suisse
13th January 2014, 15:36

Analysts at Credit Suisse have upgraded their recommendation on airline carrier EasyJet [LON:EZJ] to ‘outperform’ from ‘neutral’ believing the market has yet to price in, what they calculate to be, a 43 per cent growth in earnings and a 23 per cent increase in cashflow over the next three years.

The broker has upped its price target by 31 per cent to 1,988 pence per share (previously 1,518 pence) which implies a potential total shareholder return of around 26 per cent.

“While EZJ has performed strongly in recent years, we view it as a multi-year margin accretion story, and accordingly see an attractive multi-year value proposition,” the broker said.

“We view margin build-out as key to the easyJet investment case, and our analysis of both volume and pricing opportunities open to EZJ suggests the current stock price implies low market expectations for future margin appreciation for current peak levels.”

The shares of EasyJet have almost doubled in the past twelve months and are up by 33 per cent in the last three months.

At 3:32pm: EasyJet share price was up 44.5 pence at 1,693.5 pence

cynic - 14 Jan 2014 15:01 - 134 of 408

sticky - replied to your e earlier ... did you get it?

goldfinger - 14 Jan 2014 15:35 - 135 of 408

Yep, sent one back.

cynic - 14 Jan 2014 15:36 - 136 of 408

and ditto again :-)

HARRYCAT - 17 Jan 2014 08:30 - 137 of 408

Ex-divi wed 26th Feb (77.6p)

HARRYCAT - 23 Jan 2014 07:51 - 138 of 408

Wed 22 Jan 2014
easyJet's first quarter is expected to have been disrupted by the power outage the Gatwick North Terminal over Christmas and winter storms, Numis said ahead of the airline's results on Thursday.

However, the broker believes that overall the disruption is unlikely to have had a material negative impact relative to the prior year.

It said: "Our confidence in the future for EasyJet is based on: the quality of its route network (the right slot times at slot-restricted airports); the opportunity to continue to take share from legacy carries; prospects of increased share of business traffic as the hard work that EasyJet has done with GDS providers (Amadeus etc) and travel management companies starts to bear fruit; likely future benefit from yield managing allocation seating; and, a management team that remains focused on improving returns for shareholders."

The broker recommended an 'add' rating and target price of 1,900p.

easyJet's shares have risen 35% since the company's preliminary results on November 1st 2013. At the time of the results the carrier painted a bright outlook for its future and propsed a return to shareholders of £175m via a special dividend of 44.1p per shares.

Forward bookings for the first half of 2014 were said to be in line with the previous year. EasyJet also anticipated cost per seat, excluding fuel, to rise by 2% in the first half. Revenue was tipped to grow by 2%.

HARRYCAT - 23 Jan 2014 07:52 - 139 of 408

StockMarketWire.com
Budget airline easyJet said seats flown grew by 4.1% to 16.1 million in the quarter to end-December. Passengers carried increased by 4.2% to 14.3 million, and the load factor increased by 0.1 percentage points to 88.7%.

Revenue per seat grew as expected by 3.4% on a reported basis to £55.71 per seat or by 1.4% at constant currency despite strong prior year comparators from post-Olympic trading in the UK and a challenging competitive environment. The growth in revenue per seat was driven by careful management of capacity, combined with the performance of allocated seating and the management of fees and charges. Revenue per seat also benefited from longer average sector lengths in the quarter.

Cost per seat excluding fuel increased by 3.0% on a reported basis and by 1.2% on a constant currency basis. This was driven by anticipated increases in charges at regulated airports and by increases in maintenance costs associated with the planned ageing of the fleet and increased proportion of leased aircraft.

easyJet announced a new base in Naples which will be operational from Spring 2014 and the routes which will be flown from its new base in Hamburg.

The group had a strong balance sheet with cash and money market deposits of £1.1 billion as at 31 December 2013.

With first half bookings in line with last year, easyJet expects to report a first half loss before tax of between £70 million and £90 million assuming normal levels of disruption compared to the £61 million loss reported in the first half of last year. Last year Easter fell on 31 March resulting in £25 million additional revenue in the first half of 2013. In this financial year Easter will fall in April.

Carolyn McCall, CEO, said:

"easyJet has made a good start to the year. We have delivered revenue per seat growth in the quarter against a challenging competitive environment and the tough comparison with the prior year. The performance in the quarter demonstrates our continued focus on cost, progress against our strategic priorities and easyJet's structural advantage in the European short-haul market against both the legacy and low-cost competition.

Our strategy of offering our customers low fares to great destinations with friendly service and a focus on cost control ensures that we can continue to deliver sustainable growth and returns for our shareholders."

goldfinger - 26 Mar 2014 08:29 - 140 of 408

easyJet upgraded by Investec
25th March 2014, 15:20

Investec has upgraded its recommendation on easyJet [LON:EZJ] to ‘buy’ from ‘hold’ after the company released a trading update and stated that it expects to deliver a first half performance ahead of previous guidance.

The broker put the guidance beat down to cost savings being realised ahead of schedule and solid but expected yield growth, with revenue per seat up by 1.5 per cent, despite the busy Easter period falling into the second half of the year.

Analysts have upped their price target slightly to 1,800 pence per share (previously 1,750 pence).

Separately, Credit Suisse repeated its bullish ‘outperform’ investment rating and increased its price target to 2,021 pence a share from 1,980 pence.

The broker said: “We continue to see EZJ as a multi-year value proposition, and reiterate our view expressed in our Ideas Engine note "Network quality presents margin opportunity" on 13 January 2014 that EZJ should be able to capitalise on attractive medium term volume and pricing opportunities.”

Meanwhile, Numis and Cantor Fitzgerald reaffirmed ‘add’ and ‘hold’ calls, respectively.

Cantor said: “Solid trading and lower losses guided, some investors might be disappointed that the revised guidance was not better with strong recent traffic data, poor UK weather and a healthy ski season.”

At 3:17pm: easyJet share price was up 67.5 pence at 1,699.5 pence.

goldfinger - 26 Mar 2014 08:52 - 141 of 408

Charles Stanley Broker Comments......

EZJ%2025.JPG

goldfinger - 26 Mar 2014 11:18 - 142 of 408

Credit Suisse ups target on 'multi-year value proposition' easyJet
25 March 2014 10:56

Analysts at Credit Suisse have lifted their price target on shares of easyJet to 2,021p from 1,988p following today´s pre-close trading update and improved guidance for the first half of 2014 from the budget airline, while reiterating their 'outperform' recommendation on the shares.

Significantly, they point out how the stock is now trading on an enterprise value-to-operating profits ratio of 8.3 times and a price-to-earnings multiple of 14.6 times, both represent a discount to its main peer RyanAir despite easyJet's higher returns and cash flow generation. Hence, they believe easyJet should trade at a premium.

As a result of better pricing and lower cost inflation they now estimate that easyJet will post a smaller loss before tax for the first half of £56m, versus the £67m which they had previously been forecasting.

For the full year Credit Suisse raised their pre-tax profit estimate 2% to £576m and their price target by another 2% to 2,021p.

"We continue to see easyJet as a multi-year value proposition", the broker said, adding that the company should be able to capitalise on attractive medium term volume and pricing opportunities.

As of 11:53 shares of the firm were higher by 4.47% at 1,710p.

AB

Related Companies: EZJ

goldfinger - 01 Apr 2014 11:03 - 143 of 408

easyJet upgraded by Numis
31st March 2014, 14:47

Numis has upgraded its recommendation on easyJet [LON:EZJ] to an outright ‘buy’ (from ‘add’) believing the company could benefit further from the structural changes taking place within the European short-haul market.

The broker also reckons the low cost carrier could return at least £500 million, by way of special dividends, over the coming three years which would equate to around 130 pence per share.

Analysts have increased their price target to 2,100 pence per share from 1,900 pence.

Separately, Investec upgraded its recommendation on the airline carrier to ‘buy’ from ‘hold’, on Tuesday, after the company announced that it expects to deliver a first half performance ahead of previous guidance.

Meanwhile, Deutsche Bank repeated its ‘buy’ recommendation (price target upgraded to 1,935 pence a share from 1,560 pence) in a note to clients, on Wednesday.

Following the various changes of opinion since the last week’s update from easyJet, Broker Forecasts consensus data highlights that 67 per cent of brokers rate the shares as an ‘add’ or ‘buy’, 22 per cent as a ‘hold’ or ‘neutral’ and 11 per cent as a ‘reduce’ or ‘sell’.

goldfinger - 02 Apr 2014 08:44 - 144 of 408

Citywire 2/04/2014

EasyJet investors set for £500m windfall
Numis has upgraded EasyJet (EZJ.L) from ‘add’ to ‘buy’ as it highlighted that the budget airline could return around £500 million, or 130p per share, through special dividends over the next three years.

It increased its target price from £19 to £21, arguing EasyJet could benefit from structural changes to short-haul aviation in Europe. Yesterday EasyJet shares gained 7p to £17.18. They have risen nearly 12% this year.

One of these changes is the broadening of the European Union’s ‘Common Aviation Area’ through agreements struck with neighbouring countries. ‘In our opinion, this liberalisation will continue to offer opportunity for European low-cost carriers, including EasyJet, even though EasyJet’s core markets are already fully liberalised,’ said Numis analyst Wyn Ellis.

He added the company was also well poised to take further market share from ‘legacy’ [non-low-cost] airlines in its current markets.

‘Non-low-cost carriers account for 53% of the traffic at EasyJet’s top 20 airports, of which only 12% is estimated to be traffic connecting to long-haul flights; 41% is on point-to-point routes. In our opinion, this represents a major growth opportunity for EasyJet,’ he said.

cynic - 02 Apr 2014 08:50 - 145 of 408

been a good little earner this one .... have traded several times and am currently long .... thanks sticky for a couple of months back!

just going to revisit DOM to see what upside there may be there

robinhood - 02 Apr 2014 10:17 - 146 of 408

bot first clip in 2007 and after a shaky start this stock is now performing well so added a few more today-think Stelios sold a little bit too early but I guess he can afford it

skinny - 04 Apr 2014 07:01 - 147 of 408

Passenger Statistics for March 2014

cynic - 04 Apr 2014 07:54 - 148 of 408

easier this way :-)

Easyjet Plc
Passengers up 4.8 percent to 5,107,676
Load factor 91.5%

goldfinger - 04 Apr 2014 08:19 - 149 of 408

Excelent figures . Anything more than 4% was pre results considered to be top bombing.

Watch out for broker updates and perhaphs upgrades..............

BRIEF-Easyjet passenger numbers up 4.8 percent in March

04 Apr 2014 - 07:34
LONDON, April 4 (Reuters) – Easyjet Plc
Passengers up 4.8 percent to 5,107,676
* Load factor 91.5%
Source text for Eikon: [ID:nRSD0185Ea] Further company coverage: [EZJ.L]
Keywords: EASYJET/BRIEF

goldfinger - 04 Apr 2014 13:14 - 150 of 408

Contributing to FTSE 100's rise were shares of EasyJet PLC (EJTTF.NaE) up 2.1% after the company said the number of passengers it carried in March rose 4.8% to 5.1 million from the same month a year ago. Load factor, or the percentage of seats filled with passengers, rose to 91.5% from 90.5% a year earlier.
EasyJet's (EJTTF.NaE) March traffic suggests momentum, said Credit Suisse analyst Neil Glynn in a note Friday. With volumes for carrier Ryanair Holdings PLC down due to the timing of the Easter holiday, 'we consider this a strong performance on a tough comparative,' Glynn wrote.

goldfinger - 04 Apr 2014 13:38 - 151 of 408

04 Apr 2014 easyJet PLC EZJ Credit Suisse Outperform 1,836.00 1,791.00 2,021.00 2,021.00 Reiterates

SP TARGET 2,021p

cynic - 04 Apr 2014 13:53 - 152 of 408

sticky - go to ftse thread for a minute and read about latest usa employment numbers

goldfinger - 04 Apr 2014 14:33 - 153 of 408

Saw them ages ago on twitter.

They get them first before anyone.

Always leaked up thier about 15 mins before they come out.

If I traded indicies these days Id have one hell of an advantage.

Stupid isnt it, figs that miss are better news than figs that beat due to tapering.

cynic - 04 Apr 2014 14:36 - 154 of 408

Always leaked up thier about 15 mins before they come out ....... pretty doubtful assertion, even if that someone's sleeping with Yellen

goldfinger - 04 Apr 2014 14:47 - 155 of 408

Hey no kidding. Dont forget you get the big yank trusts and brokers on their. They seem to be a lot more relaxed than our market.

goldfinger - 04 Apr 2014 14:47 - 156 of 408

Credit Suisse upbeat on easyJet after March traffic growth
04 April 2014 12:34

Credit Suisse has retained its 'outperform' recommendation on budget airline easyJet, saying that the company's March traffic statistics on Friday show good momentum and a creditable performance.

The company said the number of passengers in March rose by 4.8% to 5,107,676 compared to a year earlier. The load factor, the number of passengers to the number of seats available, increased to 91.5% from 90.5% in the same month of 2013.

The broker forecasts a £56m pre-tax loss for easyJet's first half, towards the lower end of guidance for a loss of £55-65m, "with March traffic seemingly supportive".

For the full year ending September 2014, the bank is looking for a pre-tax profit of £576m, up from £478m the previous year, with results helped by the timing of Easter which will be in the third quarter.

Credit Suisse said that easyJet trades at 16 times' prospective earnings, in line with sector peer Ryanair.

"It has closed a 10% valuation gap to Ryanair over the past two weeks yet having surpassed Ryanair returns/cash flow generation in 2013, we think it should trade at a premium.

"We continue to see easyJet as a multi-year value proposition, and re-iterate our view [...] that easyJet should be able to capitalise on attractive medium-term volume and pricing opportunities."

The bank kept its 2,021p target price for the stock, which was up 2.5% at 1,835p by 12:54 on Friday.

BC

Related Companies: EZJ

cynic - 04 Apr 2014 14:57 - 157 of 408

155 - if what you say is true, then categorically, cash dow would also have reacted before the event - which of course it did not

================

more importantly ......
i would have thought there ought to be some reflection in TCG's next numbers

goldfinger - 04 Apr 2014 15:01 - 158 of 408

Well im not telling porkies at least 3 yank tweets at about 1.17 giving the exact figures AND both the FTSE and DOW DID start first dropping a little then going higher.

You must have seen it.

cynic - 04 Apr 2014 15:11 - 159 of 408

i don't watch minute/minute, but the movement i saw on dow was minimal and no more than would have been expected just before the announcement ..... once the numbers came out, dow rocketed, albeit only fairly briefly .... and indeed, it's rallying again quite strongly as i write

meanwhile ..... TCG?

goldfinger - 04 Apr 2014 15:24 - 160 of 408

Funnily enough I was talking to Alpesh Patel(top fund manager) wed evening and he rates TCG very highly.

Its one of his top 5 stocks on the market and reckons its got potential to do 250p ish by late summer.

His number one stock is PAY ie, paypoint at the moment.

Says if it breaks 1200p on a 2 day 48 hour basis Snap It Up. Put it on my watch list.

Sent me a note from his site yesterday, Ill send it you on to your E-mail later.

Remind me if I forget, got a poxy party to go to tonight with her indoors.....winebar event.

Rather go down local anytime.

cynic - 04 Apr 2014 15:37 - 161 of 408

God's punishing you :-)
just going to pop some TCG into my pension i think .... i hold outside as well

skinny - 07 May 2014 07:06 - 162 of 408

EASYJET PASSENGER STATISTICS FOR APRIL 2014

Claret Dragon - 08 May 2014 22:58 - 163 of 408

Speedy Dis-embarking very soon.

cynic - 12 May 2014 16:19 - 164 of 408

i recollect that some numbers or trading statement is due from these chaps tomorrow .... that could be quite jolly i think

goldfinger - 12 May 2014 16:21 - 165 of 408

Very jolly fingers crossed.

cynic - 12 May 2014 16:30 - 166 of 408

a little late in the day, have just added into my sipp

goldfinger - 12 May 2014 16:42 - 167 of 408

Got mine last thursday, might have been wednesday, big up day, day after I bought them. Mind today wasnt bad either.

Lovely trading stock this cyners.

cynic - 12 May 2014 16:51 - 168 of 408

i already held them in my standard portfolio, where i also trade them

cynic - 12 May 2014 17:08 - 169 of 408

if you like these and tomorrow's rns is good too, then perhaps you should also be revisiting TCG

goldfinger - 12 May 2014 17:55 - 170 of 408

Im already in cyners.

skinny - 13 May 2014 07:05 - 171 of 408

Half Yearly Report

Strategic Progress:

Drive demand, conversion and yields across Europe

· Total revenue per seat increased by 1.5% year on year on a constant currency basis, and by 2.6% per seat on a reported basis, to £54.80 driven, in part, by a number of digital and revenue management initiatives, increased average sector length and allocated seating.

· In the 12 months to 31 March 2014 easyJet carried 12 million business passengers for the first time.

· Average load factors increased by 0.4 percentage points to 89.0% whilst capacity grew by 3.6% to 31.1 million seats.

Maintain cost advantage

· Cost per seat excluding fuel grew by 0.5% on a constant currency basis and by 0.8% on a reported basis to £39.20. The planned year on year cost increases in maintenance and lease costs were offset by lower than expected levels of de-icing and disruption in the second quarter and by the early delivery of a number of easyJet lean initiatives.

· easyJet lean delivered £14 million of annualised savings in the six months to 31 March 2014.

Build strong number 1 and 2 network positions

· easyJet launched new bases in Naples, its third in Italy, and Hamburg, its second in Germany, bringing the total number of easyJet bases to twenty-four.

Disciplined use of capital

· In the six months to 31 March 2014, easyJet returned £308 million or 77.6 pence per share to shareholders through the payment of an ordinary dividend (at three times earnings cover) and a special dividend.

· easyJet ended the first half of the financial year with cash and money market deposits of £1,069 million, a decrease of £125 million against last year mainly driven by the special dividend payment. Net cash as at 31 March 2014 was £449 million compared to £433 million at 31 March 2013.

cynic - 13 May 2014 07:33 - 172 of 408

i note pre-tax loss was £53m
can anyone remember if that is better than expected?

=====================

OH YES THEY ARE!!!

British low-cost airline easyJet reported a forecast-beating narrower seasonal first-half loss as it held down costs and said it was on track to continue to deliver sustainable growth and returns for shareholders.

The group posted a pretax loss of 53 million pounds ($89 million) in the six months to March 31, a 13 percent improvement on the same period last year, and ahead of its own guidance which was for a loss of between 55 million pounds and 65 million pounds.

The group, which traditionally runs at a loss during its winter first half when fewer customers fly, posted a stronger performance this year than last, despite the fact that unlike last year, this six month period did not include the benefit of the Easter holiday which fell in April in 2014.

easyJet in March upgraded its first-half results forecast by 25 percent, citing tight cost control, the popularity of its allocated seating programme and benign winter weather which meant fewer disruptions

goldfinger - 13 May 2014 08:34 - 173 of 408

Brokers were expecting £50 million or less. Way over top reaction from market, but its choppy times.

Fast recovering stock so Im holding out.

jimmy b - 13 May 2014 08:36 - 174 of 408

I agree GF , been in and out for small profits here ,maybe time for another long ,down over 100 pts.

jimmy b - 13 May 2014 08:40 - 175 of 408

Says in the Times Morgan Stanley were expecting a 56m loss but 585m profit full year.

goldfinger - 13 May 2014 08:47 - 176 of 408

Yep the concensous was -£50 million.

Way over top reaction from market.

Might buy like you. ...............watching.

Claret Dragon - 13 May 2014 08:54 - 177 of 408

Stock already priced for perfection.

Be careful from here.

goldfinger - 13 May 2014 09:01 - 178 of 408

easyJet says on track for more growth after H1 beat
LONDON Tue May 13, 2014 7:53am BST

(Reuters) - British low-cost airline easyJet said it was on track to continue to grow after reporting a forecast-beating narrower seasonal loss in the first-half on tight cost control and as it flew more business passengers.

easyJet said a "ruthless focus on cost" meant it was well-placed to compete in the second half of the year, despite its expectations for an intensifying battle against its rivals. The company forecast an increase in competitor capacity of around 3 percent this summer.

"There continue to be a number of attractive opportunities for easyJet to grow profitably in Europe and we look forward to making further progress in the second half of the year," Chief Executive Carolyn McCall said in a statement.

The group on Tuesday posted a pretax loss of 53 million pounds ($89 million) in the six months to March 31, a 13 percent improvement on the same period last year, and ahead of its own guidance for a loss of between 55 million and 65 million pounds.

The company, which traditionally runs at a loss during its winter first half when fewer customers fly, posted a stronger performance this year than last, despite the fact that unlike last year, this six month period did not include the benefit of the Easter holiday which fell in April in 2014.

Its focus on costs helped easyJet beat its expectations as benign winter weather meant fewer disruptions and lower de-icing costs and as it delivered 14 million pounds of annualised savings in the first half.

During the first half, easyJet said its strategy of luring more business passengers, who tend to spend more per flight, was working. Business passengers grew by 8.5 percent in the first half, ahead of overall passenger growth of 4 percent.

The company has stolen a march on bigger rival Ryanair by introducing allocated seating and allowing passengers to change flights in a bid to appeal to business travellers.

Ryanair, due to report its annual results later in May, has since followed suit, saying in March it was in talks about flying to more convenient airports, having already introduced allocated seating.

(Reporting by Sarah Young, Editing by Paul Sandle)

cynic - 13 May 2014 09:43 - 179 of 408

assuredly i'm staying put too

skinny - 13 May 2014 11:33 - 180 of 408

Take your pick :-

Investec Buy 1,653.00 1,730.00 1,800.00 1,800.00 Retains

Davy Research Underperform 1,653.00 1,730.00 - - Reiterates

Cantor Fitzgerald Hold 1,653.00 1,730.00 1,400.00 1,400.00 Retains

jimmy b - 13 May 2014 11:45 - 181 of 408

I was out with 30pts today , watch see what happens now.

HARRYCAT - 13 May 2014 11:49 - 182 of 408

RBC note today:
To us, the key to easyJet’s H1 result of a PBT loss of £53m (£61m loss) vs. company’s £55–65m loss aspiration despite the adverse revenue impact from a later Easter. H1 saw revenue per seat lift 2.6% (1.5% constant currency), while cost per seat was up 1.9%, and ex Fuel cost per seat was up 0.8% (0.5% constant currency), thus reducing operating and pre tax losses. Unlike some peers, fuel costs continued to rise 8.2% on 6.8% ASK growth, which we think stores up a future reduction in fuels cost (per ASK) as underlying US$ kerosene costs remain in the mid-to-high 900s/tonne, but GBP has appreciated against the US$. Fuel and currency hedges have more minimal effects from 2015/16E onwards. Overall, incremental margin in H1 (reduction in op loss/growth in sales) was 7%.
H2 – focus of seat supply growth on the stronger seasonal demand summer: After 3.6% H1 seat growth for the half year to end March, 2014, summer (to end September 2014) seat growth is set to be 6.7%, as easyjet places supply into usually seasonally firmer summer markets. With an important UK presence, we think early signs of scope for improved UK consumer discretionary spending may help demand firm in the short term. However, 6.7% summer 14 seat growth is an acceleration of the 3% in summer 2013, and competitors are set to grow 3% this summer, vs. cutting seats by 1% last year
Consensus £570m PBT for 2013/14E unlikely to change: Last summer’s ~7% revenue per seat growth seems unlikely to re-occur this summer. The company sees low-single-digit gains in RPS this summer (as we think it is being cautious about soccer World Cup effects on demand). Thus BBG estimates that centre around cons median of £570m PBT may see higher-end projections drifting down to a tighter PBT range closer to the median £570m after today’s results.
Longer-term challenges: Longer-term, easyjet will need to ride out the challenge to leisure discretionary spending in the UK when interest rates (and then in time mortgage payments rise), although this may increase the investment earnings for its older/retired passengers, who have time to travel outside weekend peaks. In the higher yield business-like market (where easyjet grew 8.5% in H1), as Ryanair becomes more like easyjet’s offering, competitive threat could increase once Ryanair loses its reputational challenges with certain potential customers, although as legacies pull back overall LCC opportunities may still exist, provided that legacy ‘block and tackle’ does not become prevalent.
Our view – no upgrade trigger yet: easyJet shares trade at 14x YA PER vs. non EM global LCCs at ~12.5x but have middle rank performed vs. most of RBC’s European covered airlines lifting 13% YTD in absolute terms vs. 41% for AFKLM, 19% Lufthansa, 11% Ryanair, and -2% at IAG. We think lack of incremental profit upgrades has stymied progress. However, improved (Easter adjusted) Q2 revenue/seat growth suggests that the price outlook is positive for summer 2014, although next winter carries new challenges, which keeps us at Sector Perform."

goldfinger - 13 May 2014 12:48 - 183 of 408

13 May 2014 easyJet PLC EZJ Credit Suisse Outperform 1,653.50 1,730.00 2,021.00 2,021.00 Reiterates

SP Target 2021p

goldfinger - 13 May 2014 13:04 - 184 of 408

13-May-14 Numis Securities Buy 2,100.00

midknight - 14 May 2014 10:22 - 185 of 408

May 14: RBC Capital: Neutral - TP: 1800p

cynic - 14 May 2014 10:43 - 186 of 408

glad i put into my sipp and also added a few outside following the clunk

Claret Dragon - 15 May 2014 16:11 - 187 of 408

Move quickly to the closest usable exit leaving your hand baggage behind. Emergency lighting at floor level will help you find your way to the exits. These are clearly signed. Your crew will now point out the exits nearest to you.

cynic - 15 May 2014 16:17 - 188 of 408

CD - i trust you are running a large short position then

Claret Dragon - 15 May 2014 16:35 - 189 of 408

No

Took money off the table.

Will look to get back in if possible.

jimmy b - 15 May 2014 16:37 - 190 of 408

Alternatively
welcome aboard this short flight to 1850 ,we shall be experiencing some turbulence along the way with daily fluctuations of 50p or more ,however it will be an exciting flight and we may overshoot our destination by some 150 points ,where it would be advisable to get out before going back down again ...Thank you for buying Easy Jet.

midknight - 28 May 2014 11:23 - 191 of 408

May 28: JP Morgan Cazenove reiterates: Overweight
TP down from 1965p to 1,909p.

midknight - 30 May 2014 11:59 - 192 of 408

Trading statement on Thursday, 5 June.

midknight - 03 Jun 2014 16:53 - 193 of 408

June 2: Numis: Buy - TP: 2100p.

skinny - 05 Jun 2014 07:08 - 194 of 408

EASYJET PASSENGER STATISTICS FOR MAY 2014

midknight - 05 Jun 2014 15:33 - 195 of 408

June 4: Cantor: Hold - New T P: 1500p albeit before today's statement.
But Cantor's past projections have been pretty downbeat as well, even when
EZJ has been perfprming well.

cynic - 05 Jun 2014 15:52 - 196 of 408

EZJ is a bit unloved at the moment (as is TCG), but it keeps producing the numbers, so i'ld hope investors eventually see the light once more

midknight - 10 Jun 2014 16:34 - 197 of 408

June 10: Liberum Capital: Hold - TP: 1650p.

Fred1new - 10 Jun 2014 18:18 - 198 of 408

I will give the a match to light their candles.

I hope they see the potential soon!

8-0

Claret Dragon - 17 Jun 2014 18:29 - 199 of 408

May be I need to start booking some more flights to help out here!!

Claret Dragon - 18 Jun 2014 10:24 - 200 of 408

Gone long on EZJ.

Oversold imho

Fred1new - 18 Jun 2014 12:07 - 201 of 408

So is a lot of the market.

I hope!

8-(

skinny - 25 Jun 2014 06:55 - 202 of 408

Goldman Sachs Conviction Buy 1,479.00 1,479.00 - 2,105.00 Reiterates

cynic - 27 Jun 2014 13:14 - 203 of 408

french air strike
this was called off early this morning, i.e. 48 hours ahead of schedule, yet EZJ has dropped another 15p this morning on top of the thumping it has taken over the last 7/10 days

this looks a nonsense, not least because i'ld be surprised if EZJ had cancel many flights at all ...... certainly BA LHR/MRS was kept going with surprisingly little disruption throughout

my only caveat is that the chart looks pretty ugly

Chart.aspx?Provider=EODIntra&Code=EZJ&Si

HARRYCAT - 27 Jun 2014 13:56 - 204 of 408

I think both Easyjet & Ryanair have been hard hit by cancellations. The people that I know who were due to fly over the last few days have had their flights cancelled and told not to come back for two days. Considering the small margins that both of these carriers gain per flight, any disruption is bad news, imo. Good news however, that the french are back to work earlier than scheduled. I certainly know that many people are going to file compensation claims, so will be interesting to see what effect this has on quarterly figures.

cynic - 30 Jun 2014 10:10 - 205 of 408

:-((

Budget airline easyJet was the worst performer on the FTSE 100, off 4.5 percent, as BofA Merrill Lynch cut its rating on the stock to "underperform" from "neutral", with earnings headwinds likely to pressure stock price performance.

"We believe the consensus EPS upgrade story is over at easyJet, as negative yield momentum will cause confidence in the upgrade cycle to shatter," BofA ML analysts wrote in a note.

Claret Dragon - 30 Jun 2014 10:29 - 206 of 408

Phew. Got out just in time last week.

Got the "Magic Sign from Goldman". Do the opposite.

midknight - 02 Jul 2014 13:38 - 207 of 408

July 2: Barclays: Overweight - TP: 1700p.

July 1: Numis: Buy - TP: 2100p.

midknight - 04 Jul 2014 11:59 - 208 of 408

June stats

goldfinger - 04 Jul 2014 13:22 - 209 of 408

Im a big fan of EZJ if you look back through the thread but I knew I had read a very negative report very recently on the company and couldnt remember where I saw it.

Ive just found it in the Daily Mail 30/6/2014 and I know todays figures are very good but be carefull here......

MARKET REPORT: Analysts at Bank of America clip EasyJet's wings and wipe more than £370m off value
PUBLISHED: 22:02, 30 June 2014 | UPDATED: 22:02, 30 June 2014
View

Profits warning ahoy! That was the message from Bank of America when assessing EasyJet yesterday – a call that wiped more than £370m off the airline’s value.
EasyJet shed 6.44 per cent, or 94p, while British Airways owner IAG also fell, losing 3.47 per cent.
In a searing analysis of flying conditions, analysts at BoA said the ‘lazy consensus’ around EasyJet’s performance ‘heads blindly’ into a ‘cliff’.

Expectations that the company will constantly upgrade its forecasts will be ‘shattered’, they warned.

‘The share price has already shown signs of wilting under Europe’s sweltering summer airline overcapacity problem,’ said analyst Mark Manduca, in a note the bank was desperate not to be seen by anyone but its clients.

But he added there was more turbulence to come, with the issue of too many planes in the crowded skies only getting worse as the year goes on.
The introduction of allocated seating – a move that wooed business passengers and saw EasyJet overtake rival Ryanair – has already paid its rewards, he added.
All this will lead to the company issuing a profits warning over its 2015 earnings, he predicted.

He currently expects pre-tax profits to fall by £170m in 2015, compared to market expectations that they will rise by £80m – a forecast he said was ‘egregious’. He said ‘the last remaining bulls will likely be shaken out of the shares’ when lower profits come into view.

At the same time he downgraded the share price by an eye-watering 36 per cent – from 1800p to 1150p. Shares closed at 1365p. Despite the caution, shareholders who boarded at the same time as chief executive Carolyn McCall – who incidentally celebrates the fourth anniversary of her tenure today – will not have been disappointed with the service over the period. Shares have soared to the tune of 260 per cent in four years.

Although the note didn’t mention British Airways operator IAG, shares fell sharply, finishing 13.3p worse off at 370.5p. Manduca and his team also upgraded prospects for Ryanair, which is listed in Dublin.
Michael O’Leary’s airline is ‘due some near-term relief’ after a string of profits warnings he said – but added that it would still suffer in the long run from a lack of exposure to ‘key European business airports’.

Read more: http://www.dailymail.co.uk/money/markets/article-2675426/MARKET-REPORT-Analysts-Bank-America-clip-EasyJets-wings.html#ixzz36V9DbQSP
Follow us: @MailOnline on Twitter | DailyMail on Facebook

Claret Dragon - 08 Jul 2014 08:47 - 210 of 408

Still losing altitude.

cynic - 08 Jul 2014 09:58 - 211 of 408

almost tail-spin

robinhood - 08 Jul 2014 12:19 - 212 of 408

bye bye that is me out thx for the profitable flight

midknight - 11 Jul 2014 09:41 - 213 of 408

July 11: Jefferies; Buy - TP: 1500p (down from 1800p).

midknight - 16 Jul 2014 09:35 - 214 of 408

July 16: Goldman Sachs: Conviction Buy - TP: 2010p.

midknight - 16 Jul 2014 12:58 - 215 of 408

Numis reiterates: Buy and maintains 2100p TP:
"There is quite a long list of worries, but we believe that the share
price reaction has been overdone and expect a relatively reassuring Q3 update."

cynic - 22 Jul 2014 10:56 - 216 of 408

certainly worth watching now or even having a dabble (i have done so modestly)
sp has now nudged back through 25 dma and the markets in general are looking quite perky

midknight - 22 Jul 2014 11:05 - 217 of 408

Trading statement this Thursday.

midknight - 22 Jul 2014 11:08 - 218 of 408

July 22: Deutsche: Buy - TP: 1935p.

skinny - 24 Jul 2014 08:09 - 219 of 408

Q3 Interim Management Statement

A. HIGHLIGHTS:

easyJet performance in the quarter

· Revenue per seat grew by 2.7% at constant currency or by 1.7% on a reported basis to £62.47 per seat despite a less benign capacity environment and a significant increase in easyJet capacity at Gatwick. The revenue performance was driven by the movement of Easter into the third quarter of the financial year and continued digital, brand and revenue initiatives.

· easyJet's capacity grew 6.8% in the quarter, primarily driven by a 16% increase in capacity at Gatwick mainly due to the purchase of the Flybe slots and 7% growth at Rome Fiumicino.

· Total revenue grew by 8.6% to £1,240 million, passengers carried increased by 9.4% to 17.9 million, and the load factor increased by 2.2 percentage points to 90.4%.

· Cost per seat excluding fuel increased by 1.0% at constant currency or decreased by 1.3% on a reported basis, better than guidance issued in May. The increase, at constant currency, was driven by increased airport charges, primarily in Italy and planned year on year cost increases in maintenance and lease costs.

· Cash and money market deposits were £1,162 million and net cash was £603 million as at 30 June 2014 demonstrating easyJet's continued strong balance sheet.

cynic - 24 Jul 2014 08:12 - 220 of 408

so typically sp gets bashed again!

jimmy b - 24 Jul 2014 08:29 - 221 of 408

What did you expect ? it's happened to several recently .

cynic - 24 Jul 2014 08:33 - 222 of 408

par for the course i agree, but still dull :-)

jimmy b - 24 Jul 2014 08:40 - 223 of 408

I've bought a couple that dropped on good results for a bounce ,usually works .

Fred1new - 24 Jul 2014 08:44 - 224 of 408

It is a crazy market.

Bought a few more.

I hope they will fly!

jimmy b - 24 Jul 2014 09:00 - 225 of 408

Gone long . So long as some crazy bar steward doesn't shoot anything else down should be ok .

midknight - 24 Jul 2014 09:45 - 226 of 408

July 24;
Numis: Buy - TP; 2100p
Cantor: Hold - TP: 1500p

midknight - 24 Jul 2014 10:58 - 227 of 408

Telegraph after results

midknight - 24 Jul 2014 15:34 - 228 of 408

24 July: Credit Suisse: Outperform - TP: 1873p.

midknight - 25 Jul 2014 11:54 - 229 of 408

July 25: Numis reiterates Buy - TP: 2100p

UBS reiterates Buy - TP down from 2100 to 1930p

midknight - 20 Aug 2014 11:48 - 230 of 408

Aug 20: Cantor: Hold - TP: 1500p

jimmy b - 20 Aug 2014 17:22 - 231 of 408

Still long and about evens now.

jimmy b - 03 Sep 2014 08:50 - 232 of 408

Out with a small profit this morning ,don't seem to want to go back over £14. Maybe back in if they drop .

midknight - 05 Sep 2014 10:12 - 233 of 408

Sept 5: Cantor: Hold - TP: 1500p

jimmy b - 05 Sep 2014 10:59 - 234 of 408

Don't worry midknight they will go up now i've sold .

midknight - 11 Sep 2014 10:05 - 235 of 408

Sept 11; Liberum Capital : Hold - TP: 1650p
Sept 10: Davy Research: Outperform - TP: 1750p

midknight - 19 Sep 2014 11:58 - 236 of 408

Sept 19:

Numis: Buy - TP: 2100p

Credit Suisse: Outperform - TP: 1837p

midknight - 23 Sep 2014 09:55 - 237 of 408

Sept 23:
Credit Suisse: Outperform - TP: 1837p
Cantor: Buy - TP: 1600p
Nomura: Buy - TP: 1715p

jimmy b - 23 Sep 2014 22:42 - 238 of 408

Back in today ,lets hope the market turns around .

midknight - 25 Sep 2014 11:11 - 239 of 408

Jimmy, you should be laughing for a change!

jimmy b - 25 Sep 2014 17:45 - 240 of 408

Out today for 50 points . Now watch it fly (excuse the pun)

midknight - 26 Sep 2014 15:24 - 241 of 408

Sept 26:

Cantor; Buy - TP: 1600p
Jefferies: Buy - TP: 1500p

midknight - 03 Oct 2014 10:11 - 242 of 408

Oct 3:

Trading update and pre-close statement

Cantor; Buy - TP held: 1600p

Jimmy, has flown off without you.

midknight - 03 Oct 2014 10:38 - 243 of 408

Oct 3: Panmure Gordon: Buy - TP: 1800p

jimmy b - 03 Oct 2014 12:50 - 244 of 408

midknight i took 50 pts the other day ,could have had 150 plus ,,oh well iv'e been protecting any small profits of late and in some cases it's worked to my favour ,,can't win em all..

midknight - 06 Oct 2014 09:59 - 245 of 408

Oct 6:
Credit Suisse : Outperform - TP: 1837p
Citigroup: Buy - TP: 1670p

jimmy b - 08 Oct 2014 08:45 - 246 of 408

8 Oct Bank of... 1,150.00 Underperform
7 Oct JP Morgan... 1,815.00 Overweight
6 Oct Citigroup 1,670.00 Buy
6 Oct Credit Suisse 1,837.00 Outperform
3 Oct Panmure Gordon 1,800.00 Buy
3 Oct Numis 2,100.00 Buy
3 Oct Liberum Capital 1,650.00 Hold
3 Oct Cantor... 1,600.00 Buy
1 Oct Numis 2,100.00 Buy
=================================

After the recent good news ,revenue up etc you get Bank of America today put a price tag of 1150 and under perform on this .
Yet broker targets on other stocks are wildly optimistic canaccord being the most mad ..
Where do these people pluck figures from ,, i couldn't do any worse that's for sure .
I have long ignored brokers recs and always will.

cynic - 08 Oct 2014 08:48 - 247 of 408

ebola in spain won't do much for confidence

doodlebug4 - 08 Oct 2014 13:29 - 248 of 408

A record 13 million seats on 79,000 flights to and from the UK have been put on sale by easyJet for the peak summer 2015 period.

Tickets for more than 22.5 million seats across the airline’s network during the peak summer schedule between June 1 and September 6 went on sale today (Wednesday).

The budget airline expects to carry more than 45 million passengers throughout the whole of next summer.

The carrier has bases across 11 UK airports and more than 700 routes on sale to destinations across Europe, the Middle East, North Africa and Russia – 370 of which include the UK.

Sample fares lead in at £26.99 from Newcastle to Alicante.

UK director Sophie Dekkers said: “We’re pleased to be putting our peak summer period on sale for our passengers today, allowing them to take advantage of our lowest fares to the sun, cities and beaches across Europe.

“With our record 700-plus routes on sale, passengers have more choice than ever on where to spend their summer break.

“EasyJet flies to popular summer sun destinations at high frequencies during the summer period because this allows travellers to depart on the day they prefer and choose the length of holiday to suit them.

“We expect the bucket and spade routes to Spain, Portugal and the Greek Islands to be as popular as ever, or for late summer sun, Turkey, Egypt and The Canaries will be in demand.”

Travel Weekly

midknight - 20 Oct 2014 15:29 - 249 of 408

Oct 20: LIberum Capital: Buy - TP: 1650p

midknight - 24 Oct 2014 10:29 - 250 of 408

Oct 24: Cantor Fitzgerald: Buy - TP: 1600p

midknight - 28 Oct 2014 10:08 - 251 of 408

Oct 28:
Deutsche joins Buy list - TP: 1830p
JP Morgan: Overweight - TP held: 1815p

midknight - 03 Nov 2014 10:18 - 252 of 408

Nov 3; Numis: Buy - New TP: 2100p

doodlebug4 - 06 Nov 2014 12:58 - 253 of 408

From Travel Weekly magazine. ( I don't hold these )
6 November 2014

EasyJet saw passenger carryings rise by 5.5% in October to more than 5.8 million.

The budget carrier’s load factor rose by 1.8 percentage points to 90.9% over the same month last year.

The October figures mean that the airline’s rolling 12 month total of passengers increased by 6.6% to more than 65 million with an improved load factor of 90.7%.

The figures follow easyJet ramping up capacity for next summer’s peak period with a record 13 million seats on 79,000 flights from the UK put on sale last month

The airline expects to carry more than 45 million passengers throughout the whole of next summer.

midknight - 06 Nov 2014 15:49 - 254 of 408

Nov 6:
Credit Suisse: Outpe rform - TP: 1837p
Liberum Capital: Buy - TP: 1650p
Panmure Gordon: Buy - TP: 1800p

doodlebug4 - 12 Nov 2014 17:39 - 255 of 408

Share price taken a hit today following on from the FLYB statement and adjustment in the balance sheet regarding the EU directive about compensation claims for delayed flights. I think I would rather have my flight delayed by an hour or two - it doesn't matter which airline I'm flying with - rather than have my safety compromised by a growing compensation culture which puts pressure on airlines and travel agents.

goldfinger - 12 Nov 2014 21:51 - 256 of 408

Had nothing to do with FLYB, it had hit a resistance line at 1600p. Go to spec savers.

Fred1new - 12 Nov 2014 22:02 - 257 of 408

Also, results on 18th.

GF

Are you using 3 mth channel and double bottom or straight 1600?

goldfinger - 13 Nov 2014 00:08 - 258 of 408

Here Fred..............

EZJ%204.jpg

goldfinger - 13 Nov 2014 02:33 - 259 of 408

Results 18th hmmmmmmmm compo claims for delayed passengers will probably play a part. Im out until after the results.

Wont have the effect we saw with FLYB today, that was a string of red flags I knew which would come up and which I flagged up on the flyb thread over the last 6 weeks or so.

Fred1new - 13 Nov 2014 08:59 - 260 of 408

GF,

Thanks. I did notice same resistance lines.

Didn't like volume yesterday, but "think" it will break the 1600. Fingers crossed.

Have a good day!

goldfinger - 13 Nov 2014 09:06 - 261 of 408

Yep cheers Fred.

midknight - 17 Nov 2014 10:13 - 262 of 408

Nov 18: Nomura: Buy - TP; N/A

Finals tomorrow.

skinny - 18 Nov 2014 07:18 - 263 of 408

Final Results

Drive demand, conversion and yields across Europe

· Total revenue per seat increased by 1.2% on a reported basis, and by 1.9% on a constant currency basis to £63.31 in a higher capacity environment. The growth in revenue per seat was driven in part by a number of digital and revenue management initiatives and a continued focus on capital allocation. Second half revenue per seat on a constant currency basis grew by 1.9%.

· Seats flown grew by 5.1% to 71.5 million.

· Load factors increased by 1.3 percentage points to 90.6% and passenger numbers rose by 6.6% to 64.8 million.

Maintain cost advantage

· Cost per seat excluding fuel decreased by 1.2% on a reported basis but increased by 0.6% on a constant currency basis to £37.70 driven by increases in charges at regulated airports offset by the continued delivery of easyJet lean initiatives. Second half cost per seat on a constant currency basis increased by 0.7%.

· easyJet lean delivered sustainable savings of £32 million in the year of which £18 million were delivered in the second half.

· CFM selected to supply engines for future deliveries of current and new generation aircraft delivering one-off cost savings.

Build strong number one and two network positions
· New bases opened at Hamburg and Naples during the year and new bases announced for Amsterdam and Porto.

· easyJet started flying the former Flybe slots at London Gatwick on 30 March 2014.

· Options and purchase rights exercised over 35 A320 aircraft to take advantage of profitable growth opportunities.

Disciplined use of capital

· Return on capital employed grew by 3.1 percentage points to 20.5%.

· easyJet ended the financial year with £985 million of cash and money market deposits, a decrease of £252 million against the position at 30 September 2013 which reflects the continued cash generation of the business offset by the payment of a £133 million ordinary dividend and a special dividend of £175 million to shareholders in the year, pre-delivery payments for new aircraft and repayment of borrowings.

· The Board is recommending an increased ordinary dividend to shareholders of £180 million or 45.4 pence a share based on its enhanced ordinary dividend policy of paying out 40% of annual profit after tax.

goldfinger - 18 Nov 2014 09:02 - 264 of 408

"After the year-end the UK Supreme Court effectively upheld a Court of Appeal ruling in favour of paying EU261 compensation to passengers who experience a cancellation or a delay of more than 3 hours due to certain types of technical failure. easyJet operates a young and reliable fleet and fully complies with all applicable rulings relating to EU261."
.........................ends.

Might not have seen it but have EZJ like other air liners made a provision for EU261 going forward????????????????????????????????????????????????????

And if not is this holding the SP back?????

goldfinger - 18 Nov 2014 09:02 - 265 of 408

Need to see this before Ill be buying back in.

Stan - 18 Nov 2014 09:08 - 266 of 408

"The Board is recommending an increased ordinary dividend to shareholders of £180 million or 45.4 pence a share based on its enhanced ordinary dividend policy of paying out 40% of annual profit after tax.'

40% Payed back in divi s, is that generous or normal going or not in terms of companies policy?

goldfinger - 18 Nov 2014 09:33 - 267 of 408

Not sure Stan I go for capital appreciation and hardly bother with Divis.

Think Skinny will be your man for this.

Fred will have a good idea aswel I think.

midknight - 18 Nov 2014 10:49 - 268 of 408

If one is looking for income only, I would say there are better opportunities
elsewhere unless there is also a special divi as last year. However, capital growth
with income makes this relatively attractive as things stand imo, even though
the sp has more or less stagnated recently. For now, I think things are looking up.

If there is an eventual change at the top, things might change in the short run:

Telegraph comment re CEO

Telegraph after results

midknight - 18 Nov 2014 10:56 - 269 of 408

Nov 18:

Panmure Gordon: Buy - TP: 1800p
Liberum Capital: Buy - TP: 1650p
Cantor Fitzgerald: Buy - TP: 1600p
HSBC : Underweight - TP: 1275p

HSBC odd man out.

midknight - 18 Nov 2014 12:01 - 270 of 408

Nov 18:

Credit Suisse: Outperform - TP: 1837p
Panmure Gordon: Buy - TP: 1800p

midknight - 19 Nov 2014 10:28 - 271 of 408

Nov 19:

Jefferies... : Buy - 1750p
Deutsche Bank : Buy- TP 1830p
Beaufort... : Buy - TP: N/A

Questor/Telegraph: Hold

midknight - 20 Nov 2014 10:17 - 272 of 408

Nov 20:

Citigroup: Buy - TP: 1860p (trumps recent high among brokers))
Liberum Capital : Buy - TP: 1725p (up from 1650p)

midknight - 27 Nov 2014 15:49 - 273 of 408

EZJ flying today.

Nov 27:
RBC Capital... Sector Performer - TP: 1675p
Credit Suisse Outperform - TP: 1837p

HARRYCAT - 04 Dec 2014 08:06 - 274 of 408

StockMarketWire.com
Low-cost airline easyJet carried 4,386,296 passengers in November - 3.1% up on a year ago.

The load factor was 89.5% - up from 89.0% last time.

On a rolling 12-month basis, the airline carried 65,204,437 passengers to the end of November - up 6.6%. The load factor increased to 90.8% from 89.3%.

midknight - 08 Dec 2014 10:22 - 275 of 408

Dec 8: Nomura: Buy - TP: 1850p

goldfinger - 10 Dec 2014 11:44 - 276 of 408

10 Dec 2014 easyJet PLC EZJ Liberum Capital Buy 1,654.00 1,625.00 1,725.00 1,725.00 Reiterates

SP Target 1725p

HARRYCAT - 11 Dec 2014 13:36 - 277 of 408

Ex divi 26th Feb 2015 (45.4p)

midknight - 11 Dec 2014 14:15 - 278 of 408

HC - are you sure xd is 26 Feb?
I thought it is 25 Feb and payday 20 March.

skinny - 11 Dec 2014 14:25 - 279 of 408

XD dates are (nearly) all now on Thursdays - 26th is a Thursday.

HARRYCAT - 11 Dec 2014 14:59 - 280 of 408

Computer says........Yes. (I'm sure!)

goldfinger - 11 Dec 2014 15:03 - 281 of 408

Thursday.

midknight - 12 Dec 2014 10:32 - 282 of 408

Dec 12: Cantor Fitzgerald: Buy - TP: 1600p

doodlebug4 - 26 Dec 2014 12:30 - 283 of 408

I don't hold these, but I saw the new ad on telly and it is very good - happybums from £29.99!

midknight - 05 Jan 2015 10:13 - 284 of 408

Jan 5:
JP Morgan: Overweight - TP: 1815p
Deutsche: Buy

midknight - 06 Jan 2015 11:36 - 285 of 408

Jan 6: Numis: Buy - TP; 2100p
JP Morgan reiterates Overweight - 1815p TP

skinny - 07 Jan 2015 07:02 - 286 of 408

EASYJET PASSENGER STATISTICS FOR DECEMBER 2014

goldfinger - 07 Jan 2015 08:24 - 287 of 408

07 Jan 2015 easyJet PLC EZJ Deutsche Bank Buy 1,808.00 1,682.00 - 1,830.00 Reiterate

SP TARGET 1830p

midknight - 07 Jan 2015 10:37 - 288 of 408

Jan 7: Liberum Capital: Buy - TP: 1725p

doodlebug4 - 07 Jan 2015 18:47 - 289 of 408

RNS about the passenger stats doesn't seem to have gone down too well today.

Chart.aspx?Provider=Intra&Code=EZJ&Size=

cynic - 07 Jan 2015 20:18 - 290 of 408

EZJ moves a lot on a regular basis, but todays drop (1682 to 1644) was not nearly as melodramatic as you choose to portray .... in fact, i dare say, though i haven't checked IAG or even FLYB, that the drop is partly attributable to the request that airlines should pass on some of their savings to passengers

Chart.aspx?Provider=EODIntra&Code=EZJ&Si

doodlebug4 - 07 Jan 2015 21:05 - 291 of 408

IAG and FLYB prices hardly moved today.

HARRYCAT - 07 Jan 2015 21:29 - 292 of 408

I was thinking that airlines, parcel carriers, coach operators, hauliers, ferry operators etc should all be reporting Q2 and final profit figures above expectations due to much lower fuel costs.....but I suppose it depends on how much they have hedged. Can't help thinking though, that Firstgroup and Stagecoach must be reaping the rewards due to the fact that they have to buy at pump prices. Maybe the airlines aren't so fortunate? I do know that the ferry operators tend to hedge a certain amount of their bunker fuel price, so at mo they are the wrong side of the market price. Presumably airlines hedge a bigger percentage than most?

doodlebug4 - 07 Jan 2015 22:40 - 293 of 408

British Bulls got it right;

EASYJET

Last Signal:SELL

Last Pattern:BEARISH DARK CLOUD COVER

Last Close:
1,644.0000

Change:
-38.0000

Percent change
-2.26%
Signal Update

Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1,682.0000, and our valid average selling price stands now at 1,680.0560. The previous BUY signal was issued on 02/01/2015, 5 days ago, when the stock price was 1,683.0000. Since then EZJ.L has fallen by -0.17%.

doodlebug4 - 07 Jan 2015 22:50 - 294 of 408

HARRYCAT --------

Hedging positions
easyJet operates under a clear set of treasury policies agreed by the Board. The aim of easyJet's hedging policy is to reduce short term earnings volatility. Therefore, easyJet hedges forward, on a rolling basis, between 65% and 85% of the next 12 months anticipated fuel and currency requirements and between 45% and 65% of the following 12 months anticipated requirements.

midknight - 08 Jan 2015 16:01 - 295 of 408

EZJ CFO (Finance Director) to leave for ARM Holdings

Fred1new - 08 Jan 2015 16:22 - 296 of 408

DB4,

At what price are you considering buying at?

========

I have a sneaking belief some of the price drop of this one and IAG is due to "fears" of travelling at the moment.

skinny - 08 Jan 2015 16:23 - 297 of 408

Surely that goes without saying?

Fred1new - 08 Jan 2015 16:26 - 298 of 408

Yep!

But I wrote it.

After checking what I could on and off for a few days.

8-)

cynic - 08 Jan 2015 16:28 - 299 of 408

295 is cause for unsettlement
i don't think fear of flying has anything to with it - ask erica jong

skinny - 08 Jan 2015 16:31 - 300 of 408

Fred :-)

midknight - 09 Jan 2015 10:06 - 301 of 408

Jan 9: Credit Suisse: Outperform - TP: 1830p

HARRYCAT - 13 Jan 2015 10:38 - 302 of 408

Jefferies International reiterates buy on easyJet, target raised from 1750p to 1850p.

midknight - 23 Jan 2015 13:16 - 303 of 408

Jan 23: Morgan Stanley: Overweight -TP up from 1665p to 1770p

goldfinger - 23 Jan 2015 13:21 - 304 of 408

LOVELY.

doodlebug4 - 26 Jan 2015 11:59 - 305 of 408

EasyJet flight to Bristol forced to make emergency landing in Amsterdam after passengers detect 'burning chemical smell' in cabin
Flight EZY6238 was flying over the North Sea when it turned around
EasyJet spokeswoman said flight crew reported smoke in the cockpit
Plane was met by emergency services when it landed safely
Passengers waited inside the terminal until a new plane arrived

ByChris Kitching for MailOnline

Published: 10:01, 26 January 2015 | Updated: 10:06, 26 January 2015

Read more: http://www.dailymail.co.uk/travel/travel_news/article-2926477/EasyJet-flight-Bristol-forced-make-emergency-landing-Amsterdam-passengers-detect-burning-chemical-smell-cabin.html#ixzz3Pva8VIhv

midknight - 26 Jan 2015 12:17 - 306 of 408

Jan 26: Nomura: Buy - TP: N/A

Numis: Buy and 2100 TP (Jan 6) remains the most bullish of the lot.

skinny - 27 Jan 2015 07:04 - 307 of 408

Interim Management Statement

A. HIGHLIGHTS:

Drive demand, conversion and yields across Europe

· Seats flown grew by 2.9% to 16.6 million. Passengers carried increased by 4.1% to 14.9 million, and the load factor increased by 1.0 percentage point to 89.7%.

· Total revenue grew by £34 million to £931 million and revenue per seat grew by 0.8% on a reported basis to £56.16 per seat or by 3.7% at constant currency. The growth in revenue per seat was driven by disciplined allocation of capital across the network, revenue management and digital initiatives and growth in business passenger revenue.

Maintain cost advantage

· Full year cost per seat is expected to be in line with the guidance given at the full year results and be up by 2% on a constant currency basis. As expected in the quarter cost per seat excluding fuel decreased by 0.2% on a reported basis and increased by 3.7% on a constant currency basis.

· The increase at constant currency was primarily driven by anticipated increases in charges at regulated airports, mainly in Germany and Italy, crew costs associated with building a resilient operation ahead of base openings, the phasing of marketing expenditure on the business traveller punctuality campaign and an increase in maintenance costs associated with the planned ageing of the fleet.

· Cost per seat including fuel decreased by 2.0% on a reported basis and increased by 1.6% on a constant currency basis.

Build strong number one and two network positions

· Continued to increase frequencies on routes, such as Geneva to London Gatwick, and connect existing network points, such as Amsterdam to Hamburg.

Disciplined use of capital

· Strong balance sheet with cash and money market deposits of £913 million as at 31 December 2014.

Outlook

With first half bookings in line with last year, easyJet expects to report a first half loss before tax of between £10 million and £30 million assuming normal levels of disruption compared to the £53 million loss reported in the first half of last year.

Commenting on the results, Carolyn McCall, easyJet Chief Executive said:

"easyJet has made a good start to the year by continuing to deliver its strategy of making travel easy and affordable for passengers. We enjoyed a strong October across the network - particularly on UK leisure flights to beach destinations and on French domestic routes where we continued to build passenger numbers after a busy September."

"We further strengthened our network in the quarter adding around 500,000 seats, the majority of which are from airports where easyJet has a number one or number two position. This combined with our new TV ads aimed at business travellers enabled easyJet to sell record numbers of seats to business travellers in the first quarter."

"easyJet is well positioned to continue to deliver returns and growth to shareholders."

midknight - 27 Jan 2015 14:45 - 308 of 408

Jan 27:
Panmure Gordon: Buy - TP: 2000p
Credit Suisse: Outperform - TP: 2050p
Numis : Buy - TP: 2100p
Liberum Capital: Buy - TP: 1725p
Cantor Fitzgerald: Buy TP; N/A

midknight - 28 Jan 2015 10:05 - 309 of 408

Jan 28:
Deutsche Bank: Buy - TP: 1830p
Beaufort Securities: Buy - TP N/A

midknight - 29 Jan 2015 10:18 - 310 of 408

Jan 29:
Barclays: Overweight (up from Equalweight) - TP: up from 1850p to 2150p

midknight - 02 Feb 2015 11:59 - 311 of 408

Feb 2:
Numis:Buy - TP: 2100p
JP Morgan: Overweight - TP: 1815p

midknight - 05 Feb 2015 10:11 - 312 of 408

Passenger stats for January 2015

midknight - 05 Feb 2015 10:14 - 313 of 408

Feb 5: Liberum Capital: Buy - TP: 1925p

midknight - 06 Feb 2015 10:14 - 314 of 408

Feb 6:
Beaufort Securities: Buy TP: N/A
Liberum Capital Buy - TP: 2000p

Fred1new - 06 Feb 2015 10:18 - 315 of 408

Goodnight.

No K.

I would accept the 2000p.

midknight - 13 Feb 2015 10:42 - 316 of 408

Feb 13: Deutsche Bank: Buy - TP: 1830p

midknight - 17 Feb 2015 10:26 - 317 of 408

Feb 17: Cantor Fitzgerald: Buy - TP: 1900p

midknight - 17 Feb 2015 11:53 - 318 of 408

Feb 17: Commerzbank: Reduce - DownGrade

midknight - 10 Mar 2015 16:17 - 319 of 408

EZJ avoiding the turbulence today.

Mar 9: Goldman Sachs : Conviction buy - TP: 2200p

midknight - 17 Mar 2015 10:18 - 320 of 408

Mar 17: Barclays: Overweight - TP: 2150p

midknight - 20 Mar 2015 10:01 - 321 of 408

Mar 20: Deutsche; Buy - TP: 1830p

Fred1new - 20 Mar 2015 11:00 - 322 of 408

Mid.

If it doesn't make 2200 can we convict GS?

skinny - 26 Mar 2015 07:10 - 323 of 408

Trading Update and Pre-Close Statement

easyJet expects to deliver a first half performance ahead of the guidance given in the 27 January 2015 trading statement primarily due to the movement of exchange rates in the second quarter.

· Revenue per seat growth at constant currency for the six months to 31 March 2015 is now expected to be around 2.5%1;
· Cost per seat at constant currency for the six months to 31 March 2015 is now expected to increase by up to 3.0%,1, 3 due to higher levels of de-icing and disruption costs in the second quarter;
· As a result cost per seat at constant currency for the full year is now expected to increase by up to 2.5%2, 3;
· Based on a Euro : Sterling exchange rate of 1.3574 and a US Dollar : Sterling exchange rate of 1.4917 it is now expected that exchange rate movements are likely to have around a £20 million favourable impact in the six months to 31 March 20151 primarily due to the recent weakening of the Euro against Sterling;
· Using the same exchange rates, the first half favourable impact will reverse in the second half and it is expected that exchange rate movements are likely to have around a £40 million adverse impact in the second half. This will result in a £20 million adverse impact for the 12 months to 30 September 20152;
· It is expected that easyJet's unit fuel bill for the six months to 31 March 20151 will be around £35 million favourable and for the 12 months to 30 September 20152 it is estimated that easyJet's unit fuel bill4 is likely to be between £90 million and £120 million6 favourable.

midknight - 26 Mar 2015 10:08 - 324 of 408

Mar 26:
Liberum Capital: Buy - TP: 2000p
Panmure Gordon: Buy - TP: 2000p
Davy Reserach; Neutral TP: N/A

midknight - 27 Mar 2015 11:04 - 325 of 408

Mar 27:
Beaufort Securities: Buy - TP N/A
RBC Capital Markets: Outperform - TP: 2000p

midknight - 01 Apr 2015 10:08 - 326 of 408

Apr 1; Numis; Buy - TP: 2100p

midknight - 01 Apr 2015 10:38 - 327 of 408

CEO talks

I found the readers' comments after this item far more interesting.

midknight - 02 Apr 2015 11:09 - 328 of 408

Apr 2: Barclays reiterates; Overweight - TP: 2150p

skinny - 08 Apr 2015 07:56 - 329 of 408

EASYJET PASSENGER STATISTICS FOR MARCH 2015

Month ending March 2015 March 2014 Change

Passengers1 5,490,337 5,107,676 7.5%

Load Factor 2 92.6% 91.5% 1.1pp

Rolling 12 months ending

...................March 2015 March 2014 Change

Passengers1 65,991,212 61,830,722 6.7%

Load Factor 2 90.9% 89.5% 1.4pp

midknight - 08 Apr 2015 10:18 - 330 of 408

Apr 8:
Liberum Capital : Buy - TP: 2000p
Goodbody: Sell - No TP

midknight - 10 Apr 2015 11:47 - 331 of 408

Apr 10: Barclays reiterates; Overweight - TP: 2150p

midknight - 13 Apr 2015 10:12 - 332 of 408

New CFO appointed

cynic - 12 May 2015 08:26 - 333 of 408

looks to me that the shares have been unreasonably walloped so shall probably top up

meanwhile, i am very happy that i am short both dow and ftse :-)

skinny - 12 May 2015 12:34 - 334 of 408

Take your pick :-

Credit Suisse Outperform 1,661.00 2,050.00 1,973.00 Reiterates

Goodbody Sell 1,661.00 - - Reiterates

Panmure Gordon Buy 1,661.00 2,000.00 2,000.00 Retains

Davy Research Neutral 1,661.00 - - Reiterates

Cantor Fitzgerald Buy 1,661.00 - - Reiterates

midknight - 18 May 2015 12:21 - 335 of 408

May 18: Goldman Sachs: Conviction Buy - TP: 2245p

Claret Dragon - 20 May 2015 15:39 - 336 of 408

On same flight path as this time last year?

midknight - 04 Jun 2015 11:28 - 337 of 408

Passenger statistics for May 2015

midknight - 04 Jun 2015 11:30 - 338 of 408

June 4: Liberum Capital; Buy - TP: 2000p

midknight - 08 Jun 2015 10:40 - 339 of 408

June 8:
Investec : Buy - TP: 1900p
JP Morgan: Overweight - TP: 1900p

midknight - 10 Jun 2015 10:22 - 340 of 408

EasyJet to use drones for aircraft inspection

midknight - 06 Jul 2015 11:47 - 341 of 408

Easyjet strike news

midknight - 06 Jul 2015 11:57 - 342 of 408

July 6: Cantor Fitzgerald: Buy - TP: 1900p

midknight - 09 Jul 2015 16:45 - 343 of 408

July 9: Nomura: Buy - TP: 1950p

cynic - 22 Jul 2015 08:12 - 344 of 408

always pretty volatile, but the market clearly likes the latest update

deltazero - 22 Jul 2015 08:41 - 345 of 408

was also watching this morning - left it - needs to break 1750 to get interesting
gla

cynic - 22 Jul 2015 08:45 - 346 of 408

i already have in cfd and sipp

deltazero - 22 Jul 2015 08:57 - 347 of 408

ahhh good - i hope it is going the right way for you - you appear positive so i would say it must be

cynic - 22 Jul 2015 09:05 - 348 of 408

i think my sipp is in the money, but can't remember offhand :-)

midknight - 22 Jul 2015 09:47 - 349 of 408

Trading statement

July 22:
Numis: Add - TP: 1850p
Cantor Fitzgerald: Buy - TP: 1900p
Liberum Capital : Buy - TP: 1875p
Davy Research: Neutral

deltazero - 22 Jul 2015 10:18 - 350 of 408

wonder if Commerzbank AG will change their sell recommendation?

midknight - 22 Jul 2015 10:54 - 351 of 408

July 22; More
Goodbody: Hold - TP: 1675p
Panmure Gordon: Buy - TP: 2000p

midknight - 23 Jul 2015 09:59 - 352 of 408

July 23:
Barclays: Overweight - TP: 1840p
Beaufort Securities: Buy
Deutsche Bank : Buy - TP: 1915p

midknight - 24 Jul 2015 11:50 - 353 of 408

July 24: Barclays: Overweight and llifts TP from 1840p to 1950p

midknight - 05 Aug 2015 10:15 - 354 of 408

Aug 4: Cantor Fitzgerald reiterates: Buy - TP: 1900p held.

Fred1new - 06 Aug 2015 09:06 - 355 of 408

6/8/2015

easyJet passenger figures up

StockMarketWire.com

Low cost airline easyJet carried 7,036,470 passengers in July - up 9.4% on a year ago. The load factor was 94.3% - up from 92.9% in July 2014. On a 12-month rolling basis, the airline carried 67,710,099 passengers - up 6.1%. The load factor rose to 91.4% from 90.2%.

Story provided by StockMarketWire.com

cynic - 06 Aug 2015 09:41 - 356 of 408

but sp never seems to get up a sustained head of steam which is a pity

midknight - 18 Aug 2015 15:52 - 357 of 408

Aug 18: Credit Suisse reiterates: Outperform - TP: 1973p

midknight - 20 Aug 2015 10:11 - 358 of 408

Aug 20: Nomura: Buy - TP: 2000p

midknight - 20 Aug 2015 10:32 - 359 of 408

*

jimmy b - 03 Sep 2015 15:43 - 360 of 408

Good Results..
--------------

easyJet lifts guidance

StockMarketWire.com

Low-cost airline easyJet has increased its profit before tax guidance for the year to 30 September to £675m-£700m from £620m-£660m. The load factor for August was 94.4%, a new record at easyJet for any month.

Passenger numbers for the month were 7.06 million, which is also a record for the Group and is the second successive month of over 7 million passengers. easyJet has also seen stronger than expected unit revenue performance for August and in its outlook for September, supported by successful ongoing digital and revenue initiatives, capacity growth across easyJet's leading shorthaul network of around 6% and with particular strength on UK beach routes.

This strong revenue performance has more than offset the significant cost headwinds that the business has faced this year, with greater-than-expected disruption across the network particularly in April, the impact of the two fires at Rome Fiumicino airport, the one-off £8 million settlement with Eurocontrol and costs associated with higher load factors. Fuel and currency exchange rate movements remain broadly within previously communicated ranges1. Consequently full year profit before tax guidance is now expected to be in a range of £675 million to £700 million for the year to 30 September 2015, from £620 million to £660 million as previously guided.

Chief executive Carolyn McCall said: "These figures demonstrate the strength of easyJet - with its strong customer focus and its unique and winning combination of the best route network connecting Europe's primary airports, with great value fares, friendly service and industry leading digital innovations. "This platform meant that easyJet was best placed to maximise the strong late summer demand from UK passengers to get away to beach and city destinations across Europe and will enable the airline to set new records for full year revenue and profit."

Story provided by StockMarketWire.com

Stan - 06 Oct 2015 10:25 - 361 of 408

EZJ's passenger figures up

StockMarketWire.com

Low-cost airline easyJet carried 6,610,844 passengers in September - 7.6% up on a year ago.

The load factor was 93.1% - up from 92.2% last time.

On a rolling 12 month basis, the airline carried 68,629,825 passengers - 6.0% up. The load factor was 91.55 - up from 90.6%.

easyJet's full year profit before tax guidance continues to be within a range of £675 million to £700 million for the year to 30 September 2015, as previously guided in the trading update released on 3 September 2015.

Story provided by StockMarketWire.com

cynic - 17 Nov 2015 08:12 - 362 of 408

no pleasing some of course, even with record results

HARRYCAT - 17 Nov 2015 08:54 - 363 of 408

I think the market is expecting the Paris disruption to affect the next set of results. EasyJet is the second most frequent user of the Paris airports.

cynic - 17 Nov 2015 09:12 - 364 of 408

more like selling on the news i think, for even the forward forecast was strong, unless i missed something

jimmy b - 17 Nov 2015 09:15 - 365 of 408

No cynic you probably didn't the markets are getting more and more like a casino every day .

HARRYCAT - 17 Nov 2015 13:35 - 366 of 408

Morgan Stanley comment:
"We estimate EZJ’s 1H16 building blocks, assuming 1.5% reduction as a proxy for the ‘slight decline’ unit revenue guidance, could imply 1H PBT of around last year’s £7m level assuming currencies stay constant. This includes ~£75m of fuel price benefit. No consensus is available for 1H16, but FY expectation for FY16 is c£740m, growth of 7.8% Y/Y. We are 8% above consensus at £800m implying a FY16 PE of 10.3x. The company notes they are comfortable with the FY16 PBT consensus levels.

Initial guidance into 1H16 in line with our expectation – but cost inflation offsets solid revenue per seat outlook. 1H16 seat growth of ~8% Y/Y and 7% on a FY basis. We currently expect 8.4% in 1H16 (based on OAG schedules) and 6.0% for the FY, implying 6.2% in 2H. Constant currency rev per seat is guided “to slightly decline” for 1H16 against a reported (including currency) comp of +0.2%. Applying this guidance would imply a 2H rev / seat decline of c3.3% (against reported comp of -2.7%) to maintain our FY -2.6% estimate. Cost per seat ex fuel at constant currency is guided at +2% in FY, with the increase weighted to the 1H16 to account for Egypt and Paris issues. We assume a 0.4% reported decline in 2016e.

- FY16 unit fuel in jet fuel range of $450 to $550m/tonnes (spot is at $437m/tonne) is guided at £140 to £160m favourable impacts. FX at spot (1.522 GBP/USD, 1.4106 GBP/EUR) is guided at 1H £15 adverse movement and FY £40m adverse movement.
- An ordinary dividend of £219m declared at 40% payout. We had assumed a special dividend of £175m (44p /sh) in an effort of balance sheet optimisation, instead, the group ends the year with net cash of £435m.
- 4Q15 run rates on yield flat on a reported basis. FY15 PBT was delivered at £686m, at mid point of guidance of £675-700m, and versus our £701m estimate.
- Egypt repatriation costs and impact on Egypt forward bookings are included in the cost guidance but not separately quantified. Our analysis of OAG seat data indicates Egypt accounts for 0.8% of winter seat schedule, North Africa as a whole is 2.7%; and Paris is 11.3% with France being 14.7%."

jimmy b - 24 Nov 2015 09:23 - 367 of 408

Travel-related stocks were on the back foot behind easyJet 9EZJ), off 3.65% to 1586p, against a backcloth of global security concerns. International Consolidated Airlines (IAG) shed 3.08% to 550.5p, while TUI (TUI) fell 1.93% to 1067p and Carnival (CCL) flopped 1.49% to 3427p

------------------
This and IAG getting hit hard due to the problems with travel .

cynic - 29 Dec 2015 08:25 - 368 of 408

interesting chart move .... sp has just broken north of the 50/200 dma confluence

Chart.aspx?Provider=EODIntra&Code=EZJ&Si

Stan - 26 Jan 2016 07:52 - 369 of 408

The Sharm el-Sheikh disaster and the Paris attacks have hit EasyJet's revenue for the three months to 31 December.
The FTSE 100 airline said in a trading statement on Tuesday that the tragic events resulted in lower demand and yield in November and December, offsetting strong revenue per seat performance in October. As a result, revenue per seat was down 3.7% at constant currency, while total revenue was down 0.1% to £930m.

Stan - 10 May 2016 09:23 - 370 of 408

Currency turbulence sent low-cost carrier easyJet descending into the black in the six months to 31 March, reporting a loss before tax of £24m against a £7m profit a year earlier. The FTSE 100 firm made a constant-currency profit before tax of £5m as total revenue grew 0.3% to £1.771bn from £1.767bn. "We are confident that over the full year we will again grow passenger numbers, revenue and profit," said chief executive Carolyn McCall.

HARRYCAT - 27 Jun 2016 08:01 - 371 of 408

StockMarketWire.com
easyJet has warned that air traffic control strikes in France, runway congestion, the fall in demand after the Egyptair tragedy and additional costs following the Brexit vote will hit the group's figures.

easyJet says the operating environment for all European airlines in May and June has been extremely challenging.

easyJet says it has experienced 1,061 cancellations in the third quarter due to a significant number of disruption events, including the impact of continued strike action by French air traffic controllers, runway and congestion issues at Gatwick airport, severe weather and the knock-on cancellations across the easyJet network.

As a result, in June alone there have been over 700 cancellations to date, with strikes and weather conditions accounting for most of these and over 300 flights cancelled in the last seven days.

In June 2015 there were 487 cancellations, of which 420 related to the Fiumicino fire and thus were largely pre-planned. These incidents, together with the Egyptair tragedy, resulted in some drop off in consumer demand leading to lower yield and have impacted third quarter Profit before Tax by approximately £28 million and have had a negative impact on third quarter revenue per seat of c.1.6ppts.

This means that revenue per seat at constant currency in the third quarter will fall by around 8.6%, compared to the c.7% decrease guided at the half year results, as disrupted passengers were allocated seats that normally would have been sold close to departure for a higher yield. Following the outcome of the EU Referendum, we also anticipate that additional economic and consumer uncertainty is likely this summer and as a consequence it is expected that revenue per seat at constant currency in the second half will now be down by at least a mid-single digit percentage compared to the second half of 2015.

In addition, recent movements in fuel prices and exchange rates are now expected to add around £25 million of additional cost in the year to that guided at the half year results. In response, easyJet is continuing its efforts to drive ex fuel cost savings. easyJet's unique network, digital leadership, cost advantage and financial strength will ensure it continues to deliver its strategy and continue to be a structural winner.

Claret Dragon - 27 Jun 2016 08:04 - 372 of 408

Good company hıt wıth a bıt of Turbulence.

Wonderıng when to have a dabble.

jimmy b - 06 Jul 2016 08:32 - 373 of 408

Still getting trounced despite numbers up.

easyJet passenger figures up

StockMarketWire.com

Low-cost airline easyJet carried 6,937,601 passengers in June - 5.8% up on a year ago. The load factor was 94.1% - up from 92.7% last time.

On a rolling 12-month basis, the airline carried 71,872,886 passengers -up 7.1% - while the load factor rose to 91.5% from 91.2%.

There were 852 cancellations for the month which compares to 487 for June 2015.

jimmy b - 21 Jul 2016 10:02 - 374 of 408

Not good results ,terrorist attacks hurting this ..

easyJet revenue down

StockMarketWire.com

easyJet (EZJ) said passengers carried increased by 5.8% to 20.2 million, driven by an increase in capacity of 5.5% to 21.9 million seats and load factor increasing by 0.3 percentage points to 92%.

Total revenue per seat decreased by 8.3% at constant currency or by 7.7% on a reported basis to £54.54 per seat.

Total revenue in the quarter decreased by 2.6% to £1,196 million, as increased seat capacity was offset by the impact on yield of overall market capacity and cancellations as a result of significant external events.

Commercial and operational performance during the quarter was impacted by the Brussels attack and Egyptair tragedy, significant disruption due to air traffic control strikes and congestion, runway closures at Gatwick airport and severe weather leading to 1,221 cancellations.

Ongoing enhancements to our customer proposition and other revenue initiatives helped to stimulate bookings, partly compensating for the impact of disruption and other external factors.

Strong cost control as cost per seat including fuel improved by 3.8% at constant currency, due to low fuel prices and strong underlying cost focus.

easyJet's cost per seat excluding fuel at constant currency was broadly flat during the quarter. This was despite £20 million of disruption cost during the quarter.

Cash and money market deposits were £1,120 million and net cash was £368 million as at 30 June 2016.

easyJet chief executive Carolyn McCall said: "The economic and operating environment has been difficult in the third quarter due to a number of factors including air traffic control strikes and other industrial action, runway closures at London Gatwick and severe weather.

"These factors combined with industry capacity growth in short haul continue to have an impact on industry yields at a peak time of year.

"More recently currency volatility as a result of the UK's referendum decision to leave the EU as well as the recent events in Turkey and Nice continue to impact consumer confidence.

"Despite this, easyJet carried more passengers and achieved higher load factors during the third quarter as easyJet's brand continued to resonate strongly across Europe.

"easyJet is strongly controlling costs and driving continued improvement in operational and customer delivery.

"We are focussed on the opportunities that are inevitable from a tougher environment.

"The easyJet business model remains robust, with a strong cash position, solid balance sheet and a flexible fleet plan.

"The easyJet team is confident in its ability to navigate the period ahead and drive long term advantage.

Claret Dragon - 21 Jul 2016 10:06 - 375 of 408

Past few summers thıs one has sold off. Then had a rally come Autumn. Thıs year I am not so sure.

jimmy b - 21 Jul 2016 10:24 - 376 of 408

I don't fancy any airlines right now Claret ,too unpredictable with the chance of terrorist attacks .

Claret Dragon - 21 Jul 2016 12:28 - 377 of 408

To rıght jımmy b. Not much fun at aırports and flyıng lately. I need a break from all the commutıng.

Claret Dragon - 07 Oct 2016 08:17 - 378 of 408

Going down fast. Any thoughts

hlyeo98 - 07 Oct 2016 08:21 - 379 of 408

This is oversold... EZJ will bounce back up but buy when it start to rise.

hlyeo98 - 07 Oct 2016 15:31 - 380 of 408

It's recovering ground... in at 900p

cynic - 07 Oct 2016 16:05 - 381 of 408

you're a brave man ..... profit warnings almost never come singly and usually in 3s

hlyeo98 - 07 Oct 2016 16:14 - 382 of 408

885p seem to be a support at the moment and IAG looks a good bet too.

mitzy - 27 Jan 2017 14:45 - 383 of 408

Plenty of news coverage Easyjet most of it negative.

Claret Dragon - 23 Feb 2017 13:54 - 384 of 408

Not doing too well today.

Any reason?

mitzy - 23 Feb 2017 13:56 - 385 of 408

Ex Div today I think Claret.

Stan - 23 Feb 2017 14:02 - 386 of 408

It is both.

cynic - 23 Feb 2017 15:17 - 387 of 408

chart is pretty shitty .... am glad i took my medicine some time back

cynic - 05 May 2017 09:10 - 388 of 408

following in the footsteps of IAG's results and no doubt also with some reflection of weaker crude, all airlines are having another good day
as it happens, EZJ is faring slightly better than RYA

Stan - 16 May 2017 07:14 - 389 of 408

Half yearly report http://www.moneyam.com/action/news/showArticle?id=5549562

cynic - 16 May 2017 07:29 - 390 of 408

so you clever chaps, which i am not, do you think those numbers are good enough to sustain the recent sharp rise in sp?

my gut feeling is not - but then i took my decent profits on a trading position yesterday

Stan - 16 May 2017 07:56 - 391 of 408

No idea but trying to second guess company results can be a pretty fruitless exercise personally, best trade what you see as they say.

cynic - 16 May 2017 08:37 - 392 of 408

tempted to say "told you so" but shall restrain myself :-)

Stan - 06 Oct 2017 22:27 - 393 of 408

Trading update looks good on a first read http://www.moneyam.com/action/news/showArticle?id=5694299

Stan - 30 Oct 2017 09:15 - 394 of 408

EasyJet has swooped to acquire part of the collapsed Air Berlin's operations in Berlin's busiest airport for €40m. The budget airline has agreed to acquire leases for up to 25 Airbus A320 aeroplanes and offer jobs to each plane's flying crews and taking over other assets including much-coveted runway slots.

Claret Dragon - 25 Sep 2018 12:56 - 395 of 408

Oil price doing the damage here?

robinhood - 26 Sep 2018 14:18 - 396 of 408

Brexit-weak £- higher oil prices of which only about 60% hedged. (bye bye as not for me this one)
On to hedging- I recently retired but have been in an international Jet fuel ,DPK and UK kero trading and broking job for approx 30 years and am dumbfounded when and if these airlines are ever going to employ some decent oil traders rather filling vacancies with a few inexperienced graduates? Answer : probably not, but do not ask me why considering the impact Jet fuel prices have on profitability

Claret Dragon - 01 Oct 2018 16:36 - 397 of 408

Descent through the clouds a bit steep!!!!

cynic - 19 Oct 2018 09:49 - 398 of 408

whacked by 5% this morning, though of course the markets remain in a pretty bearish mood anyway

however, with the demise of cobalt and the imminent collapse of flybe, one would have thought this to be good news for the stronger players, and especially those in this budget market

Claret Dragon - 19 Oct 2018 11:23 - 399 of 408

Getting sorely tempted now to press the buy button.

cynic - 19 Oct 2018 11:55 - 400 of 408

would be more tempted by this than TCG :-)

Claret Dragon - 19 Oct 2018 12:14 - 401 of 408

In a travel mood today :) Speedy Buying today.

Stan - 01 Nov 2018 10:09 - 402 of 408

EasyJet has submitted a revised bid for Italy's Alitalia as Europe's airlines prepare for a winter of consolidation amid rising fuel costs. Alitalia has been under special administration since last year after workers rejected a rescue plan. EasyJet, Lufthansa and Wizz Air have submitted previous submissions of interest. - Telegraph

Stan - 20 Nov 2018 12:03 - 403 of 408

EasyJet's profits soared more than 41% in the past 12 months but it sees potential for greater growth by expanding its holidays business. The budget airline reported headline profit before tax for year ending 30 September of £578m as revenues grew 17% to £5.9bn.

cynic - 20 Nov 2018 12:27 - 404 of 408

now down 5.5% after really good figures
that tells you plenty - ie bear market reaction

Fred1new - 20 Nov 2018 13:50 - 405 of 408

A government creating chaos and more chaos expected.

cynic - 20 Nov 2018 13:53 - 406 of 408

what on earth has your snipe got to do with the price of EZJ?

perhaps you haven't noticed that DOW has been in a downward spiral for the last week or more, and as they say, "when wall street sneezes, the whole world catches a cold"

Claret Dragon - 20 Nov 2018 15:47 - 407 of 408

Good trading stock now with usual suspects. Stay in EU (defacto) , Oil, Growth.

Buy with dips and sell the rally

Stan - 22 Jan 2019 08:15 - 408 of 408

EasyJet updated the market on its trading for the quarter ended 31 December on Tuesday, saying it delivered a "good performance", with robust customer demand driving passenger and ancillary revenue, which was in line with expectations. The FTSE 100 low-cost airline said total revenue in the first quarter increased by 13.7% to £1.296bn, with passenger revenue rising by 12.2% to £1.025bn and ancillary revenue improving 19.9% to £271m. Positive revenue performance was offset, as the board expected, by the impact from the prior year's one-off revenue benefits, the dilutive impact of flying at Berlin Tegel, and new accounting standards delaying the recognition of revenue.

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Easyjet - on for a bounce? (EZJ)