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Millenium Capital reduced their short by 0.06% on 26 Jan to 0.58%
Not sure why would that be a boost for Wizz.
RyanAir started day in red on these news but quickly reverse to positive teritory and is heading up again while we are still in red and farnkly I don’t know what we need to get the SP moving back to 32
IMO
GLA
Incredible! A nice boost for WIZZ and other low cost airlines!
https://www.bbc.co.uk/news/business-68126413
Not great results from them!
Q3 profit fell from 211m Euros last yr to 15m Euros this year. Profit guidance also dropped for FY!
Trouble with Boeing and 3rd party booking websites.
https://www.bbc.co.uk/news/business-68126413
Q4 also not looking good for them!
While we will benefit from the first half of Easter traffic falling in late Mar., this is unlikely to fully offset the weaker than previously expected load factors and yields in late Q3 and early Q4.
Keeppluggingaway:-
Blow me it has shot upto day...this share baffles me.
========================
EC,
Why? The sp went from £32 a share to about £16 when it turned out they had unfortunetely chosen the Pratt & Whitney engine for some their new planes they had already received. As you should know after some issues in hoter countries like Egypt they found the metal used in one part of the engine had been contaminated whilst molten inproduction. So the planes with these engines needed to be checked at much lower flight hours than originally specified resulting in many more planes grounded while the checks were made etc.. I should add the sp fall to £16 was outrageous and only proves to me how insane the stock market is. Note I bought some @ below £16 as I thought the sp was just daft, now it in £20.62 a share and it's still mad, mad, mad low.
The upshot is, obviously IMHO, Easyjet are a major competitor and their results ther other day were very very good. WIZZ should have been benefitting from the excellent demand in the low cost side of the airline industry. They are working through the engine inspection issue. Also WIZZ do not have any Boeing planes at all, and we all know the bad press that have had....................................................
It's obviously a BUY. Up to £26 a share and more.......
All IMHO.
Not a bad day sitting here for the long haul role on summer hopefully get back to where this belongs.
On a different note anyone lucky to be in HE1 😁😁
Blow me it has shot upto day...this share baffles me.
I thought the EXACT same thing before it took a 18% nose dive last time AGAIN🙈🙈
On it's way back IMHO.
Thanks. I'm also an investor in SMWH and as an aside, I cannot fathom why the shares fell 2% on this. But I think I'll get some more before close of day.
Pike becarful matey....3 shorts showing now ...these little rises are quickly dropped harshly...makes them more profit.
Kov literally talking to himself
The “big drop” didn’t happen, solid, green days ahead! I still regret for not buying more when it dropped < 1600 damn coward 😒
7 of the last mine messages filtered , eonder whaf im missing :-)
Must be Kov The Troll talking to himself lol
All I see is green boxes
Just because dont say me oleary agent
Jozsef varadi playin bass - one of the risky, one of the whisky, one of the besty! :DD https://www.dailymotion.com/video/x2jui8
Did they increase on the expected drop on results? Orare they planning on taking it back to 15s.....
Will just keep trying....I've held long numerous times and it has always left me deep in the red.
Risky whisky🤭😂🛫
Well done keeppluggingaway
It makes sense
She is volatile to say the least. ...I sold the other week took a 1500 hit....for holding....traded it yester 3 times clawed some losses back ...stayed out overnight...hesitated to long at sub 1900 ...took a small amount at 1902 ...so in the blue now ....but will just trade it I think 🤔
But Tel Aviv is a small part of their overall routes