THE TIPSTER | Hoping for a high-flying statement

BUDGET airline Easyjet will be hoping that the Eurozone crisis is not going to put off people from travelling this summer, as it issues its a trading statement on Thursday. Its share price has done its own share of high flying, putting on over 30 per cent in 2012. With the far from clement conditions we’ve been experiencing in the UK, who doesn’t need a holiday? Capital Spreads quotes a price of 528.3p-531.2p for EasyJet.

BSkyB has evolved into a three-dimensional company, with products and services offered through the television, through online media and now through handheld devices. The company dominates the pay-per-view sports market and innovative new hardware has given the company a definitive edge. The share price suffered following the News Corp. acquisition fiasco, and in the short term it slipped back from its range highs on Friday. But with full-year results due on 26 July, there are three weeks to price in any upside potential. Spread Co quotes 688.45p-689.95p for BSkyB.

Investors will be looking for updates on exploration activity, as well as production, from Tullow Oil when it releases a trading statement tomorrow. The company reported reservoirs in late March and increased estimates in May. Investors will be hoping to see positive reports from its most recent trading activity in French Guiana. A positive reading from the recent Ghana drilling project in the Jubilee Field will also likely act as a catalyst for upside. Tullow experienced a number of setbacks after initial production got underway, and so investors will be looking for details from the report of when full production will be resumed. CMC quotes a price of 1,493.99p-1,494.99p for Tullow Oil.