Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Started: G-BOAE, 30 Dec 2020 16:45
Last post: G-BOAE, 30 Dec 2020 16:45
No Opinion
Brexit done, a trade Deal Done. Two vaccines being given, No real Brexit restrictions on airline travel. All looking good for Summer.
All airline Share Prices have started to rise and will rebound to their pre-COVID values.
Started: clairesmith, 11 Dec 2020 08:27
Last post: clairesmith, 11 Dec 2020 08:27
This egg is over cooked, they ramped on vaccine and forgot about brexit them fools.
Price over cooked, needs to cool off
Started: Bigplonker, 22 Sep 2020 21:35
Last post: Bigplonker, 22 Sep 2020 21:35
Experts saying that those stocks hit hardest such as airlines will see the biggest rebounds once vaccine sorted etc.
I suppose that is all pretty obvious but probably good time to load up on those stocks hardest hit as all will be well (eventually).
It's definitely not correct, probably just a syncing issue with Barclays. I have mine with HL and they're showing JET2 at the correct price.
Ive just looked at my Barclays share - it's showing at Jet2 but the shares are showing to be worth 1p - loss of over £8,200 surly this is not correct?
It’s now trading under Jet2 plc.
is there a reason this can't be traded this morning ?
i suppose now FW is officially gone we can concentrate on travel & toursim....is that good..?
Started: SMUDGER2644, 11 Sep 2020 11:19
Last post: HillSeeker, 14 Sep 2020 16:13
To reinforce my point in comes Robert Peston:
https://www.itv.com/news/2020-09-14/how-serious-is-the-shortage-of-coronavirus-tests-asks-robert-peston
I think the government are getting it severely in the neck regarding their quarantine strategy for air travel but they are refusing to budge despite frequent protestations from airports and airlines and campaigns by the likes of The Telegraph. Testing has got to be the solution - reasons given for not implementing don't hold water and all the dither and delay, I believe, is due to a lack of testing capacity at the moment. Once they have this up-scaled testing capacity with the super-labs and latest round of tenders, travel will be enabled once more - many other countries have implemented weeks ago.
I spotted this in today's Telegraph, in an article about which businesses may be impacted by a second lockdown:
"Abby Glennie of Aberdeen Standard Investments, the fund house, said these companies [airlines] were likely to be hit again. She added that, while no travel company was immune, Dart Group, which owns Jet2, the budget airline, was in a stronger position than most thanks to its high cash reserves and lower debts."
16.35 last Friday £918k sell - I wonder what that's all about but not good!!!!!!
I'm glad you posted that Smudger - we need some positive sentiment. This is a fantastic company that have done extremely well considering the circumstances compared to others in a similar boat (or plane!). Still hugely undervalued but not sure how long it will be until we see a re-rate. This has to be longer hold for patient investors willing to take an element of risk for larger long-term reward.
Started: fatbloke, 25 Aug 2020 16:51
Last post: elir71, 9 Sep 2020 19:57
They cancelled my flights to tfs. If they can't take a stand and give some credence that they'll actually fly, then few are going to trust them with a booking, even less so accept a credit note as opposed to cash. Sold all my holding as I see them being unwilling to fly the slots they got from Thomas Cook. In fact, they're starting to look like a Thomas Cook case
The issue is that, as of last week, Jet2 have cancelled all holidays to Spain for this summer, and have presumably started issuing refunds - I doubt many of those customers will be rebooking those holidays if Jet2 does decide to run routes to Spanish islands.
It just seems like the government are making this up as they go along, without any consultation with industry. And now we have to fly out empty planes to get customers back from Greece. The changes might help out with Winter 2020 though.
A little disappointing. So, we are more precise than before and allowing islands with direct flights to be considered separately from the mainland but a bit of a double edged sword. So, some places (7 Greek islands?) now added to quarantine list, but I assume some of the Spanish islands may be taken off the quarantine list.
Testing to be introduced in some way with shorter quarantine - but still no decision. I don't buy the 7% accuracy figure gov is quoting for first test. I'm sure PCR tests are far more accurate than that - they just don't have enough or they are too expensive.
Let's hope it's good so this and other airline shares get back to where they belong. Higher!
there is an announcement on international travel @3.30
Started: Denn92, 17 Aug 2020 17:22
Last post: expru2000, 21 Aug 2020 16:26
Fat Bloke n Rcdm - I hope you will be very happy - I know we Los Amigos are!!!! Looks loke Vegas and Barbados ARE on the cards : )
Expru, left you a cheery message on the amgo site this PM. Got in early. Good stuff.
LOL - I did pull half ages ago into AMGO.
I just wish the rest will rise so it pays for my JET2 holiday.
So fellas n Ladies - who turned over last night n had a look in at AMGO and bought in first thing this morning??????
TOLD YOU SO - Ha Ha - You're laughing now toooo!!!!!!!!!!!!!
Re amgo, iv had a look and was aware there was some ownership credentials, my previous was that it went up/ down like a yoyo. I see its had a solid day
Ill pop over as you say for a more in depth review. Appreciate the friendly heads up
Started: dusterinmong, 19 Aug 2020 15:44
Last post: lemonade311, 19 Aug 2020 22:29
I'v never seen anything but absolute bear scenario's/bankruptcy from dusterinmong for 6 months, now today it's complete opposite.
Must be a strong buy then if duster is turned around haha.
really duster, I posted this at 10:30......keep up at the back....
Speaking on Wednesday, Mr Han**** provided scant details of the plan, but added the top-secret laboratory Porton Down was currently evaluating “new technologies” that would enable people to self-administer tests at home and get rapid results.
Test is a game changer and I think the virus is weaker cases to hospitilisations
Didn't think I would ever see the day that Duster turned bull on DTG.
Started: hope4green, 18 Aug 2020 09:10
Last post: dusterinmong, 18 Aug 2020 11:24
I work in the industry bud.
So as you know folks who work there tell me where they fly cargo from???
The only research I've done is speaking to people who work there what research have you done!
The only research I've done is speaking to people who work there what research have you done!
Jet2 gave up cargo years ago do some basic research pls
Can it survive current conditions flying mainly cargo at the moment. I'm not too sure!
Started: fatbloke, 16 Aug 2020 15:29
Last post: sharehunter3, 17 Aug 2020 15:51
bit of a dip today ,how many watching ,might see a dip as an opportunity to buy at lower share price
Hi
Thanks, I wish this would at least get to £10.
I am in here and amgo and a couple of others.
Jet 2 are making 100 pilots redundant due to covid : (
I'm sure they'll be back in employment before too long - covid can't last forever
Hi FB - seen you on AMGO : )
There's no news, no financial reports, 3 countries that Jet 2 fly to where you have to isolate when you return just announced.
As mark said below - it may be prudent to sit tight. i got in at 4.36 and holding until life gets back to normal and this thing gets back to where it should be which was around £19.50 this time last year.
GO AMGO : )
Who sees a price rise or fall tomorrow? Who would sell? My buying price was £6.50.
Dusty - Mark is the BB contributor that I respect.........So............. what he just said below : )
The thought within the industry is that if ( big if I know ) they did take this approach then they would like a well know name within the uk.
From trade article.
Is IAG going to launch a new low cost carrier?
British Airways has, of course, a substantial portfolio of slots at London Gatwick. It is only a year or so ago that it bulked up via the acquisition of the Monarch slots. Is it going to let them go?
easyJet, Wizz and Ryanair would be desperately keen to get their hands on these slots. Whilst British Airways seems to have decided that ‘point to point’ flying, without any connecting traffic, is no longer profitable, this has never worried the low cost carriers.
There is another option.
IAG could use this opportunity to launch its own low cost carrier from Gatwick. Branding is an issue, of course. LEVEL has been mostly shut down in recent months, apart from the Barcelona operation. Vueling is an option but the brand has a tarnished reputation. The Air Europa name will be available if IAG’s acquisition completes but the name doesn’t mean anything to travellers in the UK.
IAG could launch a new brand, but the middle of a pandemic is never a good time to do that. This leads to me think ….. how about Aer Lingus? The airline has a good reputation in the UK and is already a low cost operator in all but name on short-haul. I don’t think that UK customers would necessarily find it weird to book Aer Lingus to fly them from London to Palma.
Let’s see. Much will rest on how long the EU allows airlines to keep hold of their slots without operating any aircraft. There is an outside chance that the ‘use it or lose it’ rule will restart from the Winter season, launching in late October. Realistically it is more likely to be Summer 2021, which runs from the last week of March.
Would IAG be able to launch a new low cost carrier from scratch, ready to fly from March 2021? Does it even want to? Let’s see.
Dusty - plus you should know that this is a hold for the future anyway no matter what is said. It's not rocket science. Until Covid is sorted any stock that relies on people mingling is not going to fly anytime soon!!!!!!!
Dusty - you talking to me??? If so address me and expand on your opinion so I can shoot you down in "shytte" : )
Last post: Investor1710, 14 Aug 2020 20:16
It’s a hold for me long term. Will add more if dropped to 650 on Monday.
At 16.53 today someone bought 278k shares at £2m!!!!!!!!!!!!!
SOMEONE IS F*CKIN KEEN!!!!!!!
Google is showing a close of 793, so must have been profit taking, followed some late heroes buying into the close
Prob profit taking from yesterday. I've heard nothing.
Did I miss some news etc. Why the drop today?
Started: expru2000, 5 Aug 2020 21:20
Last post: Trent700, 13 Aug 2020 12:40
Thanks Expru. Will do. We've been there many times before. We normally go with TUI but they wanted over a grand more than normal so binned them off. We got almost identical holiday with Jet2 this year at much better value. £3k for 2 weeks for the 4 of us. Well happy with that. Hopefully more of the same next year. I'll certainly be checking.
I'll look into your recommendation too.
Have a great time Trent - ignore Boris - spend your money where you like!!!
But before you go have a look at AMGO - it's one of the most exiting shares and the BB has a right collection of characters
DOYR as usual
@ Expru2000.
That's good to know. We're due to go to Zakynthos in the not too distant with Jet2, so it's always good to know what to expect beforehand. Thanks for the info.
dfl - wow - what a rant - couldn't agree more!!! It is time for nature to take it's course. Personally, I don't know anyone who has had it let alone died from it and I live in a city of 750,000!!!
Look after the economy and the rest will look after itself. Boris' judgement is tarnished by what happened to him and his knee jerk reactions - including locking me down cos I've been to Tenerife which has virtually NO infections !!!!
Lets socially distance - 1.5 m max, where masks when in danger of breathing other peoples breath and be vigilant - BUT get back to work, get back to flying and living, because it IS safe to do so if you take care!!!!
OH - and avoid young people cos they don't give a toss about anyone but themselves and having a good time!!!
......Continuation.
Australia has a population of c25 million of which c4.25 million have been tested. Of these 17,920 people were found to be infected (0.4% of those tested). Sadly 208 of those infected died (1.16% of those who tested positive). Overall, the Australian CV19 mortality rate is 0.00083% (ie less than 1 death / 100.000 of population)!
Is it not about time that the governments throughout the World stopped panicking, and introduce strategies that will re-rail the World’s economy, reinstate sanity and remove the un-necessary fear that they have created!
Started: themuir01, 28 Jul 2020 08:09
Last post: HillSeeker, 5 Aug 2020 19:48
It was a kick in the teeth to let people go on holiday and then effectively call them back again - this has really hit confidence. I think Gov reluctance to use testing at airports and quarantine or use 'air bridges' instead is due to them being worried about having enough to supply what they would consider higher priority areas such as care-homes first. Once manufacturing of tests (see previous post/link) has been seriously up-scaled, to cater for all the demands, we can go down the testing route rather than quarantine and this share will take off once more.
I think the SP so far, is showing great resilliance. However it looks a bit to me as though this is a fight to the death for the airlines.
This is looking like a decent shout so far. Seems as though most bad news is already priced in, so should rocket once we start having some good news for once
gla
Started: AndrewFfoulkes, 25 Jul 2020 20:04
Last post: HillSeeker, 27 Jul 2020 17:13
Vaccine will not be the solution, at lest not in the short to medium term. We need testing at airports before departure at both ends. I'm in NYCT too and also Dart group as well as Carnival and Saga. I see testing as the solution to the travel share woes. With the likes of Novacyt being able to produce reliable and portable testing I cannot see why governments are so slow to act. Germany is making free testing available at Airports (as well as subsidising Lufthansa) whist BA says it's loosing £20m a day and our Gov just demands more blanket quarantines! Eventually I think they will see sense and then all these stocks will rise. Just got to work through the pain.
Yeap. It’ll be a terrible Monday.
There is no well known treatment and vaccine is still a good 6 months before it becomes available.
Can see this heading back to mid fours again! We need a vaccine ine SOON
Spain 14 day quarantine re-imposed?
Last post: BillyRay, 25 Jul 2020 20:05
Bad news about the quarantine rules coming back in for people coming back from Spain!
This and the markets weaker on Friday does not make a good picture for Monday.
Last post: Scaff55, 20 Jul 2020 20:13
Scots gov lift quarantine rule for traveling to Spain, time too.
Have a look at the prelim results RNS. This is a solid company with money in the bank and better than expected forward bookings for 2020/21. I think they will nick other routes from other airlines who have dropped off I'm sure next year.
Topped up today, expecting 800 + this week coming. Blast off!
Started: themuir01, 15 Jul 2020 09:39
Last post: JmcJ, 17 Jul 2020 17:34
Thanks for the report, I'm hearing quite a lot about booking exceeding expectations - few friends flying out next month with Jet2, so will feed back how busy their flights are. Planning on holding this one long term myself, and still of the view that the entry price looks attractive.
Well I've flown out of LBA today to Palma and the plane was almost full. Very happy to have had a chance to buy into this at £6.45 each. I'm rather confident I'll be getting a good return soon. Especially when only 40 seats were booked last week when I booked this. So true of the British, we just "Keep calm and carry on", i realise now, more than ever where that saying comes from :0)
Evening Fellas,
I'm flying out of LBA next Tuesday to the Isle of Fernandos so I will report back n let you know how easy it was.
DTG have let staff go just for this year and are concentrating on their most profitable routes. They've sold Fowler Welch for £98m and raised capital of £176m - I ca see them nicking routes off other airlines that have backed out so IMO DTG are on the up up up!!!
il give you the low down on numbers pax wise next week when I fly
Good call Muir il give you that well done
Now give me the lotto numbers and a prediction for year end here with no covid uptick. £13??
ATB Duster
Last post: themuir01, 14 Jul 2020 17:14
In case you didn't know, we take to the skies TOMORROW! ??
Don't forget the 3 IMPORTANT STEPS you need to take to ensure your journey with us is safe and smooth:
? Check entry requirements of the country you’re going to: https://bit.ly/3j2vqUc
? Pack plenty of face masks to wear while travelling
? Fill out UK arrivals form 48 hours before you land back in the UK
Started: themuir01, 14 Jul 2020 09:32
Last post: themuir01, 14 Jul 2020 09:32
Some really good deals...
Can't wait!
LOOKING AFTER YOU IN THE AIR ??
We’re committed to keeping you safe in the sky while still providing our famously friendly in-flight service! ?
Find out more about what to expect onboard here: https://bit.ly/2Or6CXH
Started: BurtonD, 13 Jul 2020 12:08
Last post: Bex1, 13 Jul 2020 17:49
Once jet2's start 737s start flying again Wednesday this will boom !
Mixed.
As per my other comments in this field, DTG was looking ok for pushing into the 850s and on around 8-10days ago but now down at 650. Sorry thats nowt to do with a second wave or a spike, its just not a great stock and everyone saying it will go up is clearly reading a script with no timeline as its day on day losing 2/3/4%.
Time to wake up. Yes its got a good balance sheet and yes people like it but that doesnt equate to ££££s.
Flying this week and the price is dropping....errr great.
Dont remeber in the past few months seeing big gains so my advice, long haul this one or dont bother as its just a bit sluggish at present and highly likely to stay in the 6s/7s for a while for me.
“…For those who did not take the over subscribed placing in May at £5.765p, this looks a decent entry level around £6.30 for the march back to Januarys share-price of £20…”
https://total-market-solutions.com/2020/07/13/dart-group/
Why dart group down last few days when other travel shares are up, just wonder whether to buy back in.
Started: jkr41, 8 Jul 2020 21:56
Last post: dflynch, 13 Jul 2020 09:32
Jet2 offer a very popular holiday experience.
From presentation at the initial departure Airport through to arrival back there, at the end of the holiday, the Jet2 experience is designed to be hassle free, enjoyable, and value for money. The only concern in the Customers mind, on return, should be “How soon will it be before they can book again for a repeat Jet2 experience!”
Available research seems to indicate that Jet2 has a strategy to get the business back into this ” normal” groove as quickly as possible. Measures taken seem comprehensive, pragmatic, relatively easy to implement and clear to the Customer. Measures should continue to protect the business, it’s cashflow and additionally ensure that Customers enjoy the experience they expect, deserve and will wish to repeat.
The next 4 weeks will be critical. Despite all the measures taken problems will occur, but research seems to indicate that Jet2 have sufficient resources and plans to manage and resolve any “hiccups”. During this four-week period, as the various Jet2 holidaymaker packages cycle through, the feedback will be of particular interest - hopefully for Jet2 it will be positive.
Of more interest will be the reaction of others in the industry as to how Jet2 have dealt with the problem. If Jet2 have been successful, the industry will invariably react swiftly to copy - and a dramatic change in activity could ensue. All depends on the pragmatism, application of common sense and desire to succeed of all the parties involved.
Jet2’s success will surely assist in placing the CV19 issue “back in its box,” as far as holidays and air travel are concerned!
The profit 147 mill was up go March time.
Since then 100 mill credit banks. 170 mill equity raise Fowler sd 90 mill gross. 300 mill covid loan .
Liabilities due over a blion due within 12 months imho
Iys bottoming pretty malta now April 21 starting. with Split, Dubrovnik, Almeria , Reus came out last week
Its on the ropes tbis one
I hope it does that, however its been an awful week of losses and DTG frequently top of the highest losers this week in the AIM, which is proving unrest or positivity is in limited supply. Would love to feel the optimism but 5 days pre their flight plans restarting its showing no signs of recovery in a fashion expected.
Im in on this stock way beyond where it is now but surprised how poorly its behaved this week.
Great opportunity to top up IMO Jet2 and Ryanair will bounce back much quicker than BA. Most routes are already open. Reckon this SP will double in the next 12 months
I wouldn’t call yesterday’s results as barely average when the airline made a profit of £147 million net. Hopefully no more job losses and a slow return to operations.
Started: wherethefoxhat, 12 Jul 2020 21:16
Last post: wherethefoxhat, 12 Jul 2020 21:16
Does anyone know where I can get the analysts reports/research for this stock?
more importantly
Does anyone know where i can get dusterinmong 's last post deciphered
Started: lemonade311, 10 Jul 2020 20:20
Last post: lemonade311, 10 Jul 2020 20:20
Does anyone know where I can get the analysts reports/research for this stock?
Arden Partners report is useless as they don't contain any forecasts at all.
Thanks