PPRuNe Forums - View Single Post - EZY shares drop worse than BA!
View Single Post
Old 27th Dec 2002, 21:24
  #6 (permalink)  
Rumbo de Pista
 
Join Date: Dec 2002
Location: London
Posts: 54
Likes: 0
Received 0 Likes on 0 Posts
No, In Trim, I didn't - but then I didn't take account of anything at all. I just compared price move for price move, and found myself astounded that a company which seems to claim to be doing so well is in fact doing tragically badly!

If this is what happens to EZY's share price when they announce good profits, significant expansion, major (European!!) aircraft orders, etc, what hope is there for the future? Put another way, having seen their value as high as it was, is there any possibility it will ever get there again? I gather that some options were given to staff at about £4.50 or so - a sick joke now?

They seem to be a ship without a helmsman. Two companies, both with inspirational figures at their heads, have combined to be one organisation with faceless grey characters in charge. EZY management looks to be either committing suicide with the company's value or unable to influence it.

I think Buster is perhaps close to the truth.

In all seriousness, I give them twelve months to going bust.
Rumbo de Pista is offline