Oct 2022 = under 10.50
Dec 2023 = over 19
Although it fell under 15 in Oct 2023, within the last six months, it was over 19 by the end of the year.
Another good run since 19-Jan, from 17.97 to 19.50 yesterday.
19.90 was touched today.
I'm still holding on, in the hope it touches the magical €21
Feb 2024 = just reached 20.
Seen a few broker recommendations as a but to 22 euro. Not sure I'm bothered selling with 2 dividends this year and one every year after..
Reached today.
Now the question is.... to sell or hang tough?? 🤔
If you want to know how Ryanair is doing in the near term just check to see if they are doing "meaningful" seat sales. If they are not and at the moment they are not then they are having no problems selling the seats they have at good fares.
Personally I'd prefer no dividend and higher share price or accelerated debt clearance as the withholding tax on dividend income is a pain to reclaim.
The large long-term bonus of share options to MOL only vests if the share price reaches 21.
So he looks to be in line for a 100m bonus soon!!!!
Why has the share price fallen from over 20 to 17.20 over the last six months?
When they announced the full year results back in March, although the results for last year were good, the forward looking forecasts were a bit pessimistic. Its probably drifting down now to a price where it would be a decent purchase.
Okay, a bit pessimistic, but isn't MOL always cautious?
It's now at 16.50, down from above 20.
And yet pax numbers are up 9%…………….
Went down to €16.30 today before rebounding. According to Moneybags in the Pheonix magazine, Ryanair is a steal at this price. (he does condition his recommendation on Michael O'Leary retiring soon and someone like Willie Walsh replacing him)
I’d say the timing of this drop has worked well for their buybacks though
Oversold? Buying opportunity?
Usually it's the second day of trading when a stock bottoms after a huge sell off but who cares if you don't perfectly time it
A good question, that I am asking myself also.
A friend replied with this answer:
But too many headwinds for this industry Supply issues with Boeing Climate change issues Over tourism issues Higher wage costs and not just pilots. Risk of another pandemic
Climate change was no secret six months ago and we won't ever see a COVID style response again , neither are reasons not to buy , you don't buy when headwinds are passed as the SP has already gone up by then
price earnings ratio seems good to me and no major risk to the core business. this share is oversold.
My broker recommending to me today but already have €10k in it and -800€. He’s recommending all his clients without positions to be buying the stock. A lot of this has been caused by European congestion affecting all airlines. I fly regularly with them and the plane always full. Last week flying return to London the plane delayed 45 mins because of European delays, so much so they didnt bother hoovering the plane and as soon as the passengers off, 5 mins later having it boarded and bombing down the runway. If they’re under pressure then IAG etc must really be feeling it too.
Last Friday 19-July 2024 closing price = 16.45
Looks like it closed at 13.80 approx today.
https://investor.ryanair.com/investors-shareholders/share-price/
Down 16% in one day.
Buying opportunities??
13.60 now.
I still can't decide whether to buy.
I got caught catching a falling knife many times before.
Am I mad? I just bought at 13.60.
Ya, mad. I bought at €13.55. 😉
14.40 now
19-July 2024 = 16.45
31-Jan 2025 = over 20 euro
It reached 22.00 today, an all-time high.
Have you held on still ,there now touching distance of 24 ,i bought small amount at under 12 .If it clears double would i be mad not to sell on.
I have held onto shares which doubled before and often they have come well back which will invarable happen this roller coaster of a share at some stage.
Are you still holding ?
What about yourself you dont make many mistakes
No I sold mine at €18.50 in Nov 2024.
