Any thoughts on Ryanair

JeffKenna

The problem when they go up is I always feel I should have bought more.

Geuze

12.20 now

I own a few hundred bought at 3.00-4.00 many years ago.

I was nervous last month, but I went ahead and bought more.

Some at 10.00, then 5k worth at 10.50.

Happy so far.

Ultimately, I have faith in the business model.

My opinion on the ongoing IR issues is that all IR issues eventually get settled.

With higher lab costs, yes, but they will eventually be settled.

Geuze

Back at 11.00, having touched about 12.50 during last three months.

ct5amr2ig1nfhp

And back up she goes. ~12.16 at close

Geuze wrote: »

Back at 11.00, having touched about 12.50 during last three months.

Geuze

From being over 12.50 last month, back under 11.00 now.

bcklschaps

€10.57 today. I am wondering should I add a few more shares and bring down by BEP? Any thoughts?

RedRochey

Has been in freefall since the start of May, any reason why?

Geuze

StockTwat29 wrote: »

Has been in freefall since the start of May, any reason why?

Yes, me too, anybody got any info?

It's heading back to the price I paid.

littlevillage

Its not been a great couple of weeks in general for Airlines. It all started with the Boeing's problems and then IAG turned in pretty poor Q1 numbers. Fuel prices are up a lot. Stock markets worldwide peaked there about two weeks ago and are all in retreat since.

I guess these are factors weighing on Ryanair.

I am keeping an eye on Ryanair though as its a good company and with the failures of some rivals recently .... it should mean more market share. Just like to get in at the lowest point. I wonder will it threaten to go under €10?

ct5amr2ig1nfhp

Will buy a few if it dips to 10 alright.

Mad_maxx

StockTwat29 wrote: »

Has been in freefall since the start of May, any reason why?

Takes time to exit a downtrend, Ryanair has been in one now for a few years, it will likely retest below 10 now, broad market sell off compounding problems

bcklschaps

Mad_maxx wrote: »

Takes time to exit a downtrend, Ryanair has been in one now for a few years, it will likely retest below 10 now, broad market sell off compounding problems

SP seems to have stopped falling for now....and is going back up a bit in line with the general market.

bcklschaps

bcklschaps wrote: »

SP seems to have stopped falling for now....and is going back up a bit in line with the general market.

Down 3% again today. :eek:

falling through ‎€10 barrier must be a real possibility now

JeffKenna

bcklschaps wrote: »

bcklschaps wrote: »

SP seems to have stopped falling for now....and is going back up a bit in line with the general market.

Down 3% again today. :eek:

falling through ‎€10 barrier must be a real possibility now

I'm worried.

Geuze

JeffKenna wrote: »

I'm worried.

I'm not, keep the faith.

10.33 now.

Mad_maxx

Easyjet has had a positive response this morning and that bodes well for the airline sector

All of this is irrelevant in truth, as long as Mr Trump decides to shoot his mouth off every other day on twitter, the markets will continue to sh1t themselves

rivegauche

Earnings per Share is still excellent and they are doing a 700 million buyback which will support the share price while "returning value to existing shareholders".
Never really convinced by those statements in inverted comments myself. It wasn't returning value to the shareholder when they were doing it at 14 euro per share but I suppose it was supporting the share.

rivegauche

I hope those shorters in Citadel got burnt badly.
https://www.theguardian.com/business/2019/apr/03/billionaires-hedge-fund-bets-60m-shares-in-ryanair-will-fall

franglan

10 euro point reached.

bcklschaps

franglan wrote: »

10 euro point reached.

Picked up some at €9.93 about 30mins ago.

littlevillage

rivegauche wrote: »

I hope those shorters in Citadel got burnt badly.
https://www.theguardian.com/business/2019/apr/03/billionaires-hedge-fund-bets-60m-shares-in-ryanair-will-fall

On the contrary. Just a 'back of fag box' calculation. Citadel have made a 10%
(or €7M) return on their approx €70M short investment in the space of a week.

How often have we seen it, the Shorters are always the smartest guys in the room.

Geuze

JeffKenna wrote: »

I'm worried.

I replied to you with Keep the Faith earlier.

But now I am a bit worried, just a bit, but I still have faith in the business model.

If I had spare cash, I would buy at 10.

But am I just trying to convince myself??

rivegauche

deleted comment

JeffKenna

Geuze wrote: »

I replied to you with Keep the Faith earlier.

But now I am a bit worried, just a bit, but I still have faith in the business model.

If I had spare cash, I would buy at 10.

But am I just trying to convince myself??

I'm not sure, investors chronicle have a sell recommendation at the moment. I don't think I'll buy more but I won't sell what I have either.

Wheety

Back up to around 10.35 now

Seesee

Brexit and the Boeing issue have a big impact at the moment and for the foreseeable future.

Mad_maxx

littlevillage wrote: »

On the contrary. Just a 'back of fag box' calculation. Citadel have made a 10%
(or €7M) return on their approx €70M short investment in the space of a week.

How often have we seen it, the Shorters are always the smartest guys in the room.

Any big hedge fund that decides to short, intends to see a substantial return, shorting is expensive

Geuze

Under 10.00 today due to Lufthansa profit warning.

Flex

Geuze wrote: »

Under 10.00 today due to Lufthansa profit warning.

At €9.82 this morning... I bought some at €10.02 :pac: Last time I bought at €10 a month or so ago they had a nice run to €10.50+, hopefully theres a similar swing shortly..

q85dw7osi4lebg

I'd be tempted at these prices.