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.

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

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

Fast recovering stock so Im holding out.

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

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

Yep the concensous was -£50 million.

Way over top reaction from market.

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

Stock already priced for perfection.

Be careful from here.

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)

assuredly i'm staying put too

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