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.

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.

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

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.

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

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

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

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.

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?

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.

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

EASYJET PASSENGER STATISTICS FOR APRIL 2014

Speedy Dis-embarking very soon.

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

Very jolly fingers crossed.

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

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.

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

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

Im already in cyners.

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.

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