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For those that don't know or haven't looked, here is the flight detsinations of EZJ. https://www.easyjet.com/en/routemap It doesn't take a huge amount of effort to realise that of the "red list" of countries which incur now a mandatory 10 day quarantine if you are arriving from one of them, that its is only Portugal that is on that list on the EZJ flight destination that is impacted. That is 3 airports out of the absolute hundreds of destinations on the route map available on the list as can be seen from the link. So much excitement is being talked off at the impact og the Governments new covid travel restrictions when arriving in the UK. The reality is very very different. EZJ doesn't fly into these countries!!! Minimal impact which will eventually show through.
Over the next few months until autumn perhaps but with a few vaccine options and others waiting for approval like Russia's... its a matter of when not if travel returns en masses. Easyjet is already saying its in a position to survive and scale up....
I don't see easyjet going bust or anything. It'll hurt as seen in the SP but come out stronger.
The company themselves are saying they expect to fly at best 10% of their flights in the second quarter of this year - I’m unsure how you have better or up to date information than the company themselves. EasyJet will recover I’m sure but not in the short term. The share price is hugely over inflated currently.
A.Smithy, you are unfortunately as transparent as "The Emporers New Clothes". Wearing a short and desperately hoping this will fall. Not a chance now I am afraid. This has a solid cash flow. Got rid of the revolving debt. Plane orders pushed back. Its going to take some time but there is NOTHING fundamentally wrong with EZJ and it will come back up. You were saying 6 quid already. You are not going to see that I am afraid even with all your deramping. Too many people who ;like this one and for good reason. But good luck with your next stock pick. Perhaps you'll be on the right side next time....
and delusional optimists will be punished hard... yes I know we've heard it all before. Must be an echo chamber yawn.
Hotel quarantine is actually likely to be relaxed once the scientists discover that the Oxford AZ and Pfizer vaccines also protect against the new SA and Brazilian variants.
Unsure why this board is so filled with derampers, this is obviously a good medium term stock as the world opens back up later this year
"Pfizer Covid-19 Vaccine Works Against Mutations Found in U.K, South Africa Variants, Lab Study Finds"
https://www.wsj.com/articles/pfizer-covid-19-vaccine-works-against-mutations-found-in-u-k-south-africa-variants-lab-study-finds-11611802559
ASmithy, Cannot even remember what people have said and resort to making stuff up. Genius. Just like your 5.20 short. I am very much looking forward too the day I get to say "I told you so" and that is a lot closer than you think. Just bought another chunk today to add to my holdings at 6.99. Been buying all the way down from the 8.00 pound mark. One of us is going to make money and one of us isn't. Maybe you'll be able to buy some clothes soon instead of those transparent robes that fit with your efforts to deramp on here consistently. Thats if you ever buy a stock the right way round. hahahaha.
You can't stop them entering the country but you can slow them down so that you can tweak your vaccines to protect against any new variants, that's all it takes.
Try to be happy.
A Smithy. 5.20 short and now we are touching 7.20. Whats it like living on Sesame Street where obviously you and your muppet kin share trading tips? 5.20 hahahahah brilliant... Couldn't think of anyone more deserving of this MASSIVE loss. I repeat, MASSIVE. ouchhhhhh it must sting every morning looking at that red brokers account balance.
My Forum Clown filters are working wonderfully, Ive been topping up for 2 days now! everyone has digested the RNS and realised EZY is here to stay ..
A.Smithy. Where you gone? You've gone awfully quiet? Learn from your peers. 7.60 and rising. Ouch on the 5.20 hahahaha
yup buy the dips now in Jets. Bounded of support at 694. Covid cases are falling. Look at airlines in the US too.
If by airlines in the US, you mean American airlines, think you'll find that rise was a reddit induced short squeeze. Beware.
A.Smithy. ahh bless him. Giving us all a weekly round up of events. I do hope the disability allowance you receive from the Gov is sufficient enough to get you through these hard times. Everyone please go easy on A Smithy, mental disabilities should not be laughed at. Now for a proper run down of the week. Off its lows of 6.94 and the expected bad news that the doom sayers have been waiting for in the quarterly trading statemen is out. But hey up, whats this? No drop to 6 pound as our resident board guru A Smithy suggested. All the bad news is priced in and we simply now have to wait for Spring/Summer for travel to begin a bit more in earnest. The best news is that when we all travel on our holidays abroad this year, there will be no chance of bumpung into A Smithy because with his 5.20 short he is wearing he won't be able to afford to go on holiday and will have to continue living at his mums house jacking off in the basement as he normally does. Hahaha A Smithy. How much you out A Smithy? Ah yes, well over 200 .... ouch.....lol
If you want a real laugh law, ask Smithy how much this aerospace expert made on Flybe... He went long on Flybe and short on easyJet! What an idiot.