March passenger and load figures confirm growth trend at Europe's main budget airline.

Present share price may provide a good medium term buying opportunity, given recent broker upgrades to 380pence.

Consensus EPS for Sep 04 is 20.7p, rising to 26.8p in 05, and 35.3p in 06. Given the new routes announced recently, these forecasts are probably too cautious. A PEG ratio well below 1, puts this stock in the growth-value category, and well worth holding for the next 12-24 months.

All IMHO.

TSQ.

Shares Mag rates Easyjet a BUY at 305pence.

HSBC has upped its rating from 'add' to 'buy' and set a price target of 400pence.

Given earnings forecasts, expansion of routes, move to cheaper Airbus planes and potential growth in the un-tapped European low fares sector, it all adds up IMHO to a buying opportunity.

TSQ.

agree with you downside risk is limited taken out spreadbet at 3.07 4oo pence long way off strong resistence levels all the way up looking for 320 when results come out in may.

Agree Woodie on downside.

I think the "fear" discount is already priced into the stock, as I think given earnings momentum, fair value would be much higher than where we are now.

New routes to Spain & France start in June and are likely to be popular given the numbers of property owners abroad. Revenue is usually biased towards summer season and this will improve it further.

TSQ.

needs to get above 300 pence in next two days.

We got to end over 300p on a down day. Interim results due in 3 weeks on May 7.

You got technicals ur looking at Woodie?

TSQ.

tsq picked up more on spread bet yesterday below 300p using technicals however 2 closing days below 300p will close bet.the risk reward is to great to miss on this one.

Correct me Woodie, but these have gotta be a buy below the 300pence level, given the earnings picture going forward?

I bought these on a 3 year outlook, with a view to reassessing after 2 years. The 3 year prospective p/e comes down practically to single figures. Fundamentals look excellent, valuation cheap at these levels?

TSQ.

tsq nothing wrong with fundamental view agree long term buy but iam not in for long term. cheers woodie.

closed bet,looking for support in 280p area will come back in to recover losses,tsq are you looking to pick some up needs a bounce of 200 day trend line?

Yep, I like this one Woodie. Will average down purchase price.

Really looking for a good summer season with new routes, looking for 380p on a 6month view. Current lows don't bother me in the slightest.

For me, holding the actual stock, I obviously don't make a loss until I sell, so happy to hold.

TSQ.

280p would be very nice for a top up!

tsq good luck at the moment trend line coming in around 284p looks like it heading there?

tsq hit trend line early morning opened new postion at 282 did you get in or missed the boat?

Hope this is the turn opened long today currently up .5 with long term view and wide stop.. just in case. Abn advise add with 260 target.

Eastern europe - new E.U.countries - has huge earnings potential e.g.new flights
to Estonia.
rgds aj

easyJet June passengers up 28 pct; load factor 86 pct
AFX


LONDON (AFX) - easyJet PLC, the Luton-based low-cost airline that issued its second profit warning in less than five weeks early last month, said it carried 2.24 mln passengers in June, an increase of 28 pct on the same month last year.

Load factor -- passengers as a proportion of the number of seats available -- was 86 pct, the same as last year and compared to 81 pct in May.

Ray Webster, chief executive, said the figures were in line with its June 6 statement.

'We continue to capitalise on our market and financial strengths -- last month we began new services to Cologne, announced that we would base a further three new aircraft at Berlin (bringing the total to nine) and added five new routes from London Gatwick.'

easyJet's rolling 12-month revenue to end-June was 1.03 bln stg, up 21 pct, while the rolling 12-month passenger total and load factor was 22.9 mln and 84 pct respectively.

The airline's June 6 update forecast a year to end-September 2004 pretax profit that 'at least' exceeds the 52 mln stg achieved last time -- assuming a slight easing in global oil prices, that sterling remains reasonably strong against the US dollar, and a stable geopolitical environment.

Earlier this week Stelios Haji-Ioannou, easyJet's founder, was linked with a possible move to take it private.

Reports suggested Haji-Ioannou, who stepped down as easyJet chairman in 2002, plans to fund a 650 mln stg bid by selling his family's interest in the Stelmar shipping business, borrowing, or teaming up with a private-equity or venture capital group.

Haji-Ioannou's easyGroup Holdings Ltd vehicle holds 16.6 pct of easyJet's equity. His brother Polys and sister Clelia hold a further 24 pct.

easyJet's shares closed Tuesday at 150 pence, valuing the company at 599.4 mln stg.

showArticle 07/07/04 07:31 easyJet June passengers up 28 pct; load factor 86 pct AFX

These are looking good at this price, it looks like the fall was unjustified.

3 blocks of 1/2 Million were bought in the last 1/2 hour.

Where are we going from here? What price will be reasonable to start to buy this stock at?

100p is my guess....

tsq,,,2 buys of late 1.50/1.31 18k in total . not to happy with the price fall on friday but thats life,looking for about 25k return on my holdings,be lucky all

anybody calling bottom on this one yet?

well i had to punts,and it seems to of hit the floor more or less now,planes still a cramped as ever bloody 737.

Am in EZJ from 220, and while I dumped the CFD I'm hanging on to the shares in an isa on the assumption that eventually they will go back. But goodness knows where the floor is. If they drop to around 115 I think I'll bail out and keep a watch on them ready to possibly buy back. Surely the company can't be worth only 40% of what it was a few months ago?

Can't believe this any nmore than WLF!

Where they go, nobody knows..................

Good luck all.

maggot,you would think not!

If they go to 115p to 118 again they are a sound buy for me.

I give those prices because I find it hard to believe that they got there in the first place.

Surely a sound buy with good return prospects.

All imo etc.

you will be very lucky at those figures sw.

So is this the turn?

Dont get carried away.

One good day for the market as a whole does not mean a price recovery for any particular stock.

early days but showing promise,afternoon sw how`s the oil & gas business.

Bubbling underground.

Had a few small gains by you standard, but it's money in the bank.

Sitting long on SEY and PRE both in profit and waiting for developements so I am quite pleased.

Tried to get back into retail and got me fingers burnt on SOF which dipped below support as it was then, and has continued to stay there.

I did a bit of afterwards market research in your style, and visited a few Somerfields.

I was worried about what I saw, not many customers, prces at the top end, and I hate the card scheme, where you have to have one or you don't get any bogof's etc.

Recipe for disaster in my book.

No wonder their growth is so slow!

Got money to play, just don't know where to put it.


Like EZJ as you have seen but I feel I can do better than current levels, with patience.

Brown and Jackson is a mystery...............

WLW does not dip below 42.5p on a bad day, I still suspect poor autumn sales there.

That leaves me looking at what you are doing, as things seem okay mostly....

sw did you get the email i sent.

Dave

Just read through once, I'll have a better look and be in touch.

thanks

Levelling off now from the slide down,still a bit to go yet. Was very tempted again in the low 1.20s,,but held off,,bugger.

hey guys..i have been following these since the last lurch south tempted to pile in (damn i didn't). reason why i think these are interesting is that i think old stelios will make a dawn raid and take it private again. any thoughts?

Proptrade i hope your right there. That was one of the reason`s while i stocked up ,it`s a very low risk at this price level . And my second buy is now in to a small profit,nice and long me thinks,like a runway, good luck all ..

up on talk ryanair could be in for a bid....hope so

All help`s the share price,there`s only so long people can rubbish it,before people see it for what it is,,value at this level,just my view.

prepare for take off and fasten your seat belts......

wow, have i missed this. good luch to those in, i am waiting for a price in the mid 20's

what's the latest gossip on this? something about an icelandic airline taking a stake is the last I heard...

Nice one Dave, you can surely pick 'em!

Afternoon boys,sw just got back from doing a deal with a friend on some footwear,,wow,,,even better news,and much more quickly than i thought,result.

Still climbing and there`s a nice bit of altitude in the price,since i boarded,there`s only 1 way to travel today EASYJET!!!

Dave, my friend you appear to have done it again! Heard on Working
Lunch something about a take-over with these - Good Luck and to
join the pun-jokes never mind the take-over see the take-off!!
LOL ;>)

Thanks bunny,i have had these about a month now,been watching for a while over 12 months,just got lucky,up about 200ish on my first buy and over 2k on the other,,,and i was after some a couple of days ago when they where mid 120s ,but thought better not!!!!!!s**t.

Well hannes smarason gets what he wants at last a slice of the action , But will stelios let him take his baby,,i dont think so.
I here mr haji-iannou is on his back to england for the weekend,,,i wonder what he has to talk about !!!!.

Bright and early monday morning.

22/10/04 17:41 Teather&Greenwd.Hlds (TEG) Investment in EasyJet
Teather & Greenwood Holdings PLC
22 October 2004

The Icelandair Group ('the Company')



Investment in EasyJet PLC ('EasyJet')


Following speculation in the Icelandic and UK press, Icelandair confirms that it
has purchased a 8.4% shareholding in EasyJet. The Company has recently taken
authority under its constitution to utilise its financial resources to make
investments in related areas. The Company regards its investment in EasyJet as a
long-term trade investment to which it may add in the short-term.



The Icelandair Group is a publicly traded investment group company focusing on
airline and travel services. It operates 13 subsidiaries. The largest one is
Icelandair, Iceland's flag carrier. Among other holdings are a charter
marketing company, cargo marketing company, a hotel group, car rental and travel
agencies. The Company's turnover is 315 million pounds sterling.



Hannes Smarason, Chairman of Icelandair said:



'Part of the company's investment policy includes making investments in sectors
where the group has specialised knowledge. The Icelandair group is financially
strong and the company is seeking ways to improve the return on its cash. We
have therefore kept our eyes open for the opportunities in airline related
securities. We have a positive opinion of the EasyJet's business model and we
think that the company has a bright future'.



Contact:

Icelandair
Hannes Smarason +354 5050 300

Teather & Greenwood
Christopher Hardie / Jon Drage +44(0)20 7426 9000
Adam Pollock(sales)








This information is provided by RNS
The company news service from the London Stock Exchange


What happened to the rules on this???time 17:41pm

Emailpat,it is looking strong now up to 2.00 i think.

Bright and early ish , will today bring a higher altitude i think so.

Now that the profit takers have done after the recent surge we can look forward to some steady uplift towards 180p at least in the short term IMHO.
Meantime Citygroup Smith Barney have just raised their target price to 170p.

Still in and looking for a nice profit.

dd-good if they bust 1.60 :)

Emp,i think there is more to come yet,wait and see.

Should be a great day today,bright & early.

dd-you must mean bprg surely :)

Are we in are seats.

interesting....worth another punt i reckon !

Onwards & upwards until thursday,you can now take off your seat belts ..

Please keep your seat belts on - have not yet reached our cruising altitiude!

Eye/eye,captain is there turbulence on the horizon .

dd-only below 160 altitude ;)

I thought there was a clear sky ahead,,off with the belt .

Looks like it on its way, with nice steady UP.

Dscott62,some nice spikes here,but its early days.

Agree still early days, but will be good if the trend continues.

Sold 1 lot , 6000/ 1.57,bought at 1.50.

di we think this will be ESY will be taken out now?????

Prop,and me thats why i sold my small profit one,i need to free up some cash.

Looks like EasyJet climbing again.

Afternoon all , nice !!!!!

Still hold these. Definite change in sentiment. Ryanairs figures have been very supportive.

Next upside resistance looks to be at 200pence IMHO.

TSQ.

TSQ ,, where have you been of late ,, hows tricks.

Been a decent flight of late for me/plenty of leg room

May be a call soon from air traffic control to this particular pilot,he is flying this plane very quick since i bought my seat at 1.31,and i feel i mite jump out with my parachute on soon..
Good luck to all the other passenger`s on board,when i bail out..

Great thanks Mr Dazz! Found I wasn't beating the market for the last while, so decided to start trading a few blue chips. Been buying BT under 180p and sellin these up near 190p. Buying RBS in the low 1600p and turning a few pence on those.

You're prob right that EZJ will see some profit taking, so today I've taken mine! Will prob buy back in tho, as these are still undervalued medium term in my view??

What are your favourites at the moment? This market could get a real boost soon??

Evening tsq , as to favourites i dont know about that ,vdy,ezj,brjk, all recent buys doing ok,,sbry 2 holds of between 260/270 about even, mtn,lloyd,still well up on these ,,cash showing a loss,,as is bt,,eidos bought at 95,,about even.
trying to off load some soon fingers crossed ..

Evening all,well its been going up today , but i have missed this with things to do , friday should be a cracking day,,,,,time for the trolley dollys to bring there silver cart out,,,soup 3 euros for that ,, im off,,but you never know.

Nice figures from ezj,,passenger wise.

Good volume early on , think i will be jumping out with my 7000 today ,, any chance of a soft landing !!
All i can see is blue everywhere ,, hope its not water..

The rise has further to go IMHO with 200 on cards before too long.

Oh well still a hold , i think i will front it out till mid november.

Another day another flight,where will we go tomorrow!!!!!!!!!up up and away..

well done to those who bought at 1.25...excellent stuff...!

Pity I missed this one...

Lovely day up here not a cloud in the sky.

Outlook still looking good

EASYJET IN TALKS WITH CROATIAN AIRPORT,PLANS FLIGHTS TO UK & GERMANY

Budget airline easyjet is in talks with pula airport in the north-west of croatia to set up daily flights from croatia to germany & britain,,airport director bruno rogovic said.
Rogovic said the agreement could be signed by the end of the week and would introduce daily flights to the uk & germany from pula.
Pula airport last year held similar talks with ryanair holdings,,which where abandoned..

Still a hold for me,but not for much longer.

Oh well nice landing i`am out ,1.76..
Would fly with easyjet again , depends on what price there tickets are to buy..

Hey guys - we've got further to rise with 2 coming soon IMHO.
They are still relatively cheap!

Afternoon hyphan,i can see 2.00 on the cards,sadly i am out,but happy with my flight, Goodluck.

Did i hear right that the Iceland lot Buager (spelling?) were interested in easy jet or have i got hold of the wrong end of the stick?

Stan,there was a deal a couple of weeks ago that involved icelandair buying a stake in ezj,,about 9% i think,,my be thats what you heard.

dd, Icelandair now own just over 10% as a long term investment as they believe EZJ have a bright future - and these guys know the business. It will break through 180p IMHO. Maybe tomorrow as oil is on the decline.

I caught the back end of something on the radio...Icelandair it is then, thanks both.

No doubt about that hyphan,used them myself alot,,& results soon.

EasyJet PLC
16 November 2004

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


easyJet plc



2. Name of shareholder having a major interest


MFS Investment Management

MFS Institutional Advisors, Inc

MFS International Ltd



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18


MFS Investment Management

MFS Institutional Advisors, Inc

MFS International Ltd



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them


State Street Bank and Trust (Woodcraft & Co) 207,070

State Street Bank and Trust (GIG & Co) 118,060

State Street Bank and Trust (Casco Light & Co) 116,370

State Street Bank and Trust (Team Play & Co) 393,310

State Street Bank and Trust (Deepmarker & Co) 3,050

State Street Bank and Trust (Compassbird & Co) 208,090

State Street Bank and Trust (Big Cabin & Co) 2,508,800

State Street Bank and Trust (State Street Nominees Ltd) 1,147,060

State Street Bank and Trust (Beam & Co) 387,200

State Street Bank and Trust (Prosperity & Co) 525,400

State Street Bank and Trust (Clump & Co) 988,100

State Street Bank and Trust (Inletbluff & Co) 225,900

Investors Bank & Trust Co (Investors Bank & Trust Co) 15,550

State Street Bank and Trust (Disburse & Co) 2,640,150

State Street Bank and Trust (Inlet Chart & Co) 244,010

State Street Bank and Trust (Awning & Co) 147,870

State Street Bank and Trust (New Wind Co) 538,600

State Street Bank and Trust (Openhouse & Co) 182,700

State Street Bank and Trust (Seine & Co) 273,052

State Street Bank and Trust (Seine & Co) 1,233,690

Northern Trust (Nortrust Nominees Ltd A/C Slend) 117,420

Northern Trust (Nortrust Nominees Ltd A/C Slend) 135,740

State Street Bank and Trust (Coach & Co) 383,960

State Street Bank and Trust (Carpet & Co) 391,290

State Street Bank and Trust (Path & Co) 118,380

State Street Bank and Trust (Grandisland & Co) 376,970


5. Number of shares / amount of stock acquired


13,627,792



I got In last Friday and of course they have gone down sinse, this makes me feel a lot better now.

Chin up stan,you can always get another flight.

2 here we come!! Ruby Tuesday is coming on 23rd.
Hey, looking at the chart 250p is not unrealistic in a couple of months!

Go on hyphan good call..

Blue skies ahead...........

Have a nice flight.

Question Is, Is It worth adding?

Not for me,i`ve already gone through customs..

And It's falling so might be cheaper on Monday.

Are you in stan ?

Only with original stake.

easyJet PLC
19 November 2004

easyJet plc


Friday 19 November 2004


RNS Announcement

The Board of easyJet plc has received this communication from Stelios
Haji-Ioannou which is attached below together with Sir Colin Chandler's response
on behalf of the board.



'Sir Colin,

this is a short note to let you know about my meeting with Hannes
Smarasen, the Chairman of the Board of Icelandair which took place at the
easyGroup office in London on the 17th of November at his request.



He explained to me that their investment in easyJet PLC, which I
estimated to have cost them around GBP50m, was financed by some of the GBP60m in
cash Icelandair had on its last published balance sheet dated 30/6/06 plus a
capital increase since that date and some leverage, both of unspecified amounts.



Then I explained to him that I am an insider to easyJet and that I would not be
able to discuss matters which are not already in public domain. The rest of the
discussion centered around my already published views on matters like going
private and/or selling down/out, neither of which is an option I am considering
at the moment.

I also explained that because I own the 'easy' brand privately and license it to
the airline, I would not exit from easyJet PLC, as the brand is a key component
of my overall easyGroup expansion plans. I also reminded him that for as long as
I own 10% of the stock I have the right to be chairman.



We also exchanged views on how to improve the profit margin and the return on
capital employed (ROCE) of easyJet PLC which we both agreed are the key
performance indicators of any business. Since both of us are knowledgeable
airline investors, we touched on the usual subjects of aircraft utilization and
airport costs but we both agreed there are no paradigm shifts in the cost base
one could anticipate in the near future. However we both agreed more can be done
on both costs and yield improvement.



We agreed to stay in touch, from time to time, as I would be happy to do with
anyone who has invested such a large amount of cash in any of the companies that
I have an interest in. I thanked him for the confidence in easyJet PLC and
congratulated him on the timing of his investment.'




'Dear Stelios

Thank you for your letter and my colleagues and I are grateful for the record of
your meeting. Like you, we are pleased with the investment by Icelandair as a
statement of confidence in the easyJet business model. We intend to release your
letter and this reply to the market this evening and on our website

with best regards
yours sincerely

Colin
Sir Colin Chandler
Chairman
easyJet plc'


Enquiries: Toby Nicol, easyJet 01582 525339


This information is provided by RNS
The company news service from the London Stock Exchange
---------------------------------------------------------------------------------------


Interesting RNS just released.... all seems nice and friendly.


I particularly like the bit about "the timing of his Investment".

Goodluck stan theres still time for easyjet to go some more,how much i dont know 2.00 looks about the top at the moment,considering the recent run upwards.

Looking good for the holders,if the papers are right stan.

Apparently so, but not Impressed about that bit about taking It private. In the Express so might be rubbish I suppose.

Seems not to want to go above 183p and tempted to come out today.

We seem to be the only ones In on these Dave....any other holders on here watching and If so what do you think?

SEO have been tipped by alot of people also some good posts on Filtronic on iii, DYOR.

Have you got the wrong thred Adie?

i sold at an average of 1.83 today, but i think i've made a mistake! i needed to make sure i had enough in my account to cover 50,000 lloyds down to 400!
i think they're still going up and as soon as lloyds stops killing me i will buy them again.

Stan i sold mine nearly 2 weeks ago,but i like to keep my eye on it 1.76 i think i got,its on this thread,be lucky ..

I will keep my eye on easyjet,,you just never know i mite be back in if it drops alot..

Silly me must have missed that Dave. In two minds about tomorrow so have sold at 185p. Decided to play safe and take the profit, But will keep my eye on things.

You did better than me,and i thought i did well 45 pence more than my buy price.

Dave,

No I didn't, I payed 1.76.5p for mine so you did a lot better, very well done I'd say.

Bush,

Not sure you did make a mistake but as we know only time will tell.


Looking forward to seeing what that price does tomorrow now.

Stan,keep the faith.

Going north must be almost there now,top end of the share price.

DD, sorry, still pretty new to this, but why is this top end....would have thought a gradual continuation to 250 300 was more very possible even short term?

Yes come on Double D show us some reason behind your thoughts that EZJ is at the top. The chart MACD & RSI doesn't give that outlook:

BB,thats what the boards are all about,opinions yours is different to mine. I have no position on this any more,but i would find a climb to those numbers amazing,its all about costs with ezj,and they fly to premiun airports,which charge top wack ,,o`leary air they are not.
I hope your right if you are a holder ,,booboo,,but i cant see it myself!

lol

Opto cracking chart thats why i bought at 131/150,but that was then,and this is now,i just cant see the buyers willing to enter at this level and
hang around to those levels of 2.50/3.00 ..
Its easy to turn 25% profit on a weak situation,,131/150 level,,than it is now.
Easyjet was a nice one to buy,,,but now for me i will leave it alone..

COME ON EASYJET.

Like i say goodluck,i`ve made my money.

dd-I think I agree-so many operators-ezj will have to be quick on their feet

PRESS COMMENT-QUESTOR: EASYJET (too pricey),

Emp,its had one hell of a run up of late.

Anybody had a look at dixons?-barclays have 5.16% stake

sorry- wrong thread

It fulfilled my wish for a quick In/out profit but the airline Industry seems so competitive anyway,

But good luck to all holders.

easyJet 188-3/4 up 3-1/4
'Overweight' - JP Morgan; UBS ups target to 190p & raises ests


ABN AMRO

Upgrade Buy from add easyJet, ups target to 240 pence from 195
"
about as useful as a chocolate fireguard" I like that one.

Easy to see why we find it so difficult to pick stocks,when the pros can't even agree.

Nothing new there.

Anybody still holding these & thoughts about todays news release ?

will be buying this month, news was cool, hoping to buy close to 170, if!!!! we get a rally, may purchase at this price

My have a look at 1.50,as if it gets there,,who knows,,plenty of cheap flights for the next few months,,eg liverpool/basel 37.99 return!!!and thats with the tax,ideal for the snow.

Sooooo glad I hung on..........this will hit 275....

Nice one boo-boo,,makes my profit look small now.

Surely these shares are due for a "bounce back upwards now" ???

scenicroute or skerxon514 ?


one on iii and one here. same limited post. are you trying to ramp......?

try harder

Thanks for pointing this out Global Nomad .

This is now being investigated. Someone is obviously taking the P?ss.

Last two days a little more positive.....started to question my judgement...especially since its purely gut feeling!...if we can break 240 have every confidence it will hit 275, even 300 by end April. Did you jump back in DD?

Boo boo,its been a great last 6 months for ezj goodluck,as to your question no more for me,but like i said goodluck.

I find this share so frustrating........there really is every reason for it to continue the strength...what is the problem???? Can anybody tell me??

A nice bit of altitude today after flying at a much lower hight of late.

Well, I am still in here..........does the meterioc (can't spell that) rise indicate that the results are already known?.....300 here we come.....

Obviously not!...............but I am hanging in.........have a lot of faith in the share............but then again what do I know........I hold TAD....

well here we are in august at 310

Jumped out at 301. Timed it a little late didn't I! If it falls back below 270 I will definitely have another bite. Think it could go to 340. Any views?

hi booboo,
hope you can get back in as required...I decided to hold on and see if this break out of the channel that was developing holds and goes higher or returns....not an expert but ezj has been good to me ovr the years....

Thinking about it now....but think it will fall further.......maybe 250....any views GN?

mmm... I also ended up getting out about a month or so back and locking some profits, still half an eye on these and xaar. not sure where either of them may go... no real capital available at the moment, have decided to pay down debts instead, beginning to see the end of my 0% tarting.

GN

What a flyer,,wish i still held these...

the chart may even try a loop the loop lol

Looks like I missed the re-entry point.....think it will continue to fly DD!

Thats planes booboo.

Could be an increase in altitude today .

Is anyone surprised by the rise in sp in the past few months, surely the finance fundemental alone do not generate this rate of rise. Imminent bid for this company must be on the cards very near future.

I think there is a connection in sp and traffic stat (released monthly) which has been rising consistently. The traffic stats will give you an idea how well the company is performing, not like traditional way to wait for the trading update or interim which leaves PI guessing. Any positive news always drives the sp up and with the 'monthly trading update' being positive its hardly surprising the sp is on the up.