The Ryanair share price has tumbled. Is this a once-in-a-lifetime opportunity to buy?

first_img Paul Summers | Monday, 27th July, 2020 | More on: RYA I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Image source: Getty Images. Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img See all posts by Paul Summers Shares in budget airline Ryanair (LSE: RYA) tumbled in early trading this morning. Markets responded to an awful set of quarterly numbers from the company and the government’s decision to reintroduce a 14-day quarantine on travellers coming back from Spain. Is this a once-in-a-lifetime opportunity to grab shares in this and other battered airlines on the cheap? Or should Foolish investors steer clear? For now, I think the latter. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Ryanair divesWe knew the figures wouldn’t be pretty but it would seem many in the market are shocked at just how bad they are. Today, Ryanair reported a Q1 loss of €185m. Contrast this with the €243m net profit achieved over the same period last year and you get an inkling of just how hard the coronavirus has hit the FTSE 250 stock and its peers. Indeed, the company reflected that the three months to June has been “the most challenging” in its 35-year history. No hyperbole here. As a result of lockdowns and travel bans, the number of passengers flying with the company between mid-March and the end of June dived to just 500,000. In the previous year, it was 41.9m. And while Ryanair was able to reduce costs by 85% over the period, this wasn’t enough to offset the 95% dive in revenue to €125m.As company updates go, you’d struggle to find one as bleak as this. Perhaps the only chink of light was that Ryanair expects to have operated roughly 40% of its normal schedule in July. This will rise to 60% or so in August and “hopefully” 70% in September. It also expects to clear 90% of customer refunds relating to cancelled flights by the end of July. Murky outlookRyanair’s shares were down 7% this morning. As bad as this may sound for holders, it wasn’t as awful as the falls sustained by listed peers easyJet and Jet2 owner Dart Group. As I type, their share prices have both tumbled 13%.Since the outlook for Ryanair and, indeed, all airlines is so uncertain, I’m not expecting things to bounce back soon. As the former reflected today, it’s “impossible” to know for how long the coronavirus will be with us and whether a second wave may coincide with the arrival of the annual flu season.Although it predicts a smaller loss in Q2, Ryanair went on to say it couldn’t provide any guidance on full-year earnings. It did, however, forecast that traffic would drop 60% to just 60m people and that the need for airlines to cut capacity would impact air travel for “at least the next 2 or 3 years.“Still too riskyBased on today’s news and market reaction, I’ll continue to steer well clear of airlines for a while. The risk/reward payoff simply isn’t worth the trouble in my opinion, even if some UK listed airlines (such as Ryanair) possess relatively solid balance sheets. The Dublin-based business may emerge stronger by growing its network and fleet. But the suggestion it’ll suddenly race ahead of competitors benefitting from financial aid packages from governments is optimistic. If negotiating the coronavirus wasn’t bad enough, airlines must also contend with the elephant in the room that’s Brexit. A no-deal scenario could mean even more turbulence for the already-battered industry.A once-in-a-lifetime opportunity? Not as I see it. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address The Ryanair share price has tumbled. Is this a once-in-a-lifetime opportunity to buy? Our 6 ‘Best Buys Now’ Shareslast_img read more

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Donegal peaks in number of social housing turndowns

first_img Twitter Donegal peaks in number of social housing turndowns By News Highland – April 15, 2019 Google+ Twitter Pinterest RELATED ARTICLESMORE FROM AUTHOR Arranmore progress and potential flagged as population grows DL Debate – 24/05/21 It’s emerged Donegal County Council has seen the highest number of social housing applicants turn down an offer of housing on more than one occasion.The county had 129 instances of multiple refusal from 61 applicants since 2016.New figures obtained by Journal.ie show local authorities nationally have suspended more than 350 applicants for social housing from their waiting lists for refusing the offer of a home more than once in the past three years.Figures obtained by The Journal.ie from 28 of Ireland’s 31 city and county councils has shown Donegal ranks highest when it comes to instances of multiple refusal from social housing applicants.Under current rules, applicants are suspended from their local authority’s social housing waiting list if they refuse an offer of a house more than once in a 12 month period. The suspension lasts for year.It’s emerged Donegal County Council has seen the suspension of 70 applicants since 2016, the joint-highest along with Dun Laoighre-Rathdown Co. Council.In that period, Donegal County Council recorded 129 instances of multiple refusal from 61 applicants. Important message for people attending LUH’s INR clinic WhatsAppcenter_img Google+ News, Sport and Obituaries on Monday May 24th Loganair’s new Derry – Liverpool air service takes off from CODA Homepage BannerNews WhatsApp Facebook Facebook Pinterest Previous articleMotorists urged to watch out for cross winds todayNext articleConcern over weekend anti-social activity in Derry News Highland Nine til Noon Show – Listen back to Monday’s Programmelast_img read more

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Shoaib Malik ton powers Pakistan to ODI series win over West Indies

first_imgShoaib Malik hit a majestic six to secure his century and a six-wicket victory as Pakistan swept to a series triumph over West Indies in their third and final one-day international on Tuesday. (Scorecard)After West Indies had reached 233/9 from their 50 overs and then made early inroads into Pakistan’s batting order, Malik (101) and Mohammad Hafeez (81) turned on the style to see the tourists through to 236/4 with nearly seven overs to spare.Malik reached his total from 111 deliveries with the help of 10 fours and two sixes, with the second one proving to be the match-winner off Jason Holder.Earlier, Shadab Khan (2/57) and Junaid Khan (2/60) had led the attack for Pakistan, which sealed a 2-1 series victory.Middle-order batsmen were the driving force of the West Indies innings with Shai Hope top-scoring with 71, Jason Mohammed adding 59 and Kieran Powell chipping with a useful 23 after the hosts had managed only 40/2 after losing openers Chadwick Walton and Evin Lewis.Hope ground out the runs, scoring only one four and two sixes in his 112-ball knock, which ended when he top-edged a Junaid Khan delivery to Malik.After Hope’s departure left West Indies on 211/6, Mohammed Amir wrapped up the tail for 22 runs, dismissing Jason Holder and Veerasammy Permaul before running out Devendra Bishoo.In reply, Pakistan could not have got off to a worse start, with Kamran Akmal being caught in the covers by Powell off the very first ball of the tourists’ innings – whistled down the track by paceman Shannon Gabriel.More trouble was in store for the visitors in the sixth over, with Holder’s first ball from Ahmed Shehzad drawing a superb catch diving by wicketkeeper Hope to leave Pakistan on 16/2. And at 36/3, after Babar Azam was clean bowled by Gabriel with an inswinger that struck leg stump, the match looked to be under West Indies’ control.advertisementHafeez had other ideas.His innings helped turned the match Pakistan’s way, leaving his team on 149/4 with another 20 overs to go when he holed out to deep square leg.Malik and Ahmed (24) brushed off the West Indies’ bowlers, as Pakistan eased to a convincing victory ahead of the three-Test series which starts April 21.last_img read more

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