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.

Mid.

If it doesn't make 2200 can we convict GS?

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.

Mar 26:
Liberum Capital: Buy - TP: 2000p
Panmure Gordon: Buy - TP: 2000p
Davy Reserach; Neutral TP: N/A

Mar 27:
Beaufort Securities: Buy - TP N/A
RBC Capital Markets: Outperform - TP: 2000p

Apr 1; Numis; Buy - TP: 2100p

CEO talks

I found the readers' comments after this item far more interesting.

Apr 2: Barclays reiterates; Overweight - TP: 2150p

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

Apr 8:
Liberum Capital : Buy - TP: 2000p
Goodbody: Sell - No TP

Apr 10: Barclays reiterates; Overweight - TP: 2150p

New CFO appointed

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 :-)

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

May 18: Goldman Sachs: Conviction Buy - TP: 2245p

On same flight path as this time last year?

Passenger statistics for May 2015

June 4: Liberum Capital; Buy - TP: 2000p

June 8:
Investec : Buy - TP: 1900p
JP Morgan: Overweight - TP: 1900p

EasyJet to use drones for aircraft inspection

Easyjet strike news