Letters by company
easyJet plc
4 letters discussing ESYJY. Everything written about it on this site is on its ticker page.
- Oldfield Partners Overstone World All Cap Equity Fund 2Q 2026 Commentary Overstone World All Cap Equity Fund sold Samsung and SK Inc. too early, while retaining Stellantis and Barratt Redrow on the view that restructurings, low valuations and durable industry economics are underappreciated. The fund views easyJet’s recommended takeover price as failing to reflect its fleet, landing slots and profit potential. 2Q 2026 BTRW $5.8BESYJY $5.2BSTLA $13B
- Third Avenue Management Value Fund Third Avenue Value Fund argues that easyJet’s aircraft, slots and net cash support its takeover appeal, while Paltac’s warehouse network underpins Medipal’s tender offer. The fund added thyssenkrupp, citing discounted asset value and a multiyear separation plan, and retains offshore-energy exposure on energy-security and inventory-rebuilding demand. three months ended June 30, 2026 6951 $2.5BESYJY $5.2BHRBAY $1.1T
- Oldfield Partners Overstone World All Cap Equity Fund 1Q 2026 Commentary Overstone World All Cap Equity Fund cut ArcelorMittal and Jardine Matheson early in March, then rebuilt its ArcelorMittal position at a lower price. The portfolio retained easyJet and Barrick Mining despite near-term pressures, arguing that depressed valuations outside the US reward a contrarian focus on durable businesses. 1Q 2026 B $64BESYJY $5.2BMT $47B
- Oldfield Partners Overstone World All Cap Equity Fund 2Q 2025 Commentary Overstone World All Cap Equity Fund benefited from value reratings in SK Inc, Lloyds Banking Group and Aberdeen Group, while Toyota Industries received an inadequate intra-group bid. The fund added Ayala Corporation for its asset-value discount and Trainline following profit growth and buybacks, judging proposed UK rail-ticketing competition to be distant and uncertain. 2Q 2025 AYYLF $5.3BESYJY $5.2BLYG $78B
