Member Info for B777CAPTAIN

I had the choice of working in the office or unpaid leave. So now I'm in the office going through a massive backlog of safety reports. I don't have time to look at LSE chat unfortunately. Hopefully things will go back to normal.

Good luck all.

I'm still here. Just very busy with work.

My view is that Wizz is more of a high oil price investment than a low oil price investment. It'll be painful in the short term but as oil crosses and remains above $130/barrel, Wizz will have the lowest CASK of all European Airlines and will suddenly dictate fares. This would presumably result in a Market re-rating.

I am a long term investor. At some point Wizz becomes the lowest cost Airline in Europe whatever happens with oil.

Walter Mitty...

Everything going on right now is just noise. There are no existential threats to Wizz.

Well nothing changes my view thar Wizz will have the lowest costs of any shorthaul Airline in Europe in the 2030's. That opens up unlimited market share.

The actual limit being how fast they can obtain the right type of new Aircraft and engines.

I'll be totally honest. I want the price to stay exactly where is now until the end of May so that I can get my average down to £16.50 before the next earnings report.

Great Analysis again Yeslam. Thanks for your good work. 👍

Yeslam

IMHO the Houthi's will not get involved. Nobody will protect them from the Saudi's this time if they do. It'll be a suicide mission.

That Citi price makes the downside look so little with the potential upside so much. This is a no brainier buy. Even just with a small percentage of your portfolio.

GaryDav. Your point is accurate but not good for Trump. A small percentage of Americans will become rich from high oil prices but the majority will be affected badly, with high inflation and potential high interest rates.

The Democrats will landslide the Mid terms if this lasts.

My apologies:

●I meant that we're returning the Grounded NEO powered Aircraft

For the long termers.

The market is fickle and panicky. It even gives the likes of Pogo and Johnbri the opportunity to be right occasionally.

In November 2026 we'll get the H127 results. They'll indicate an operating profit of €500-€600m. At that point, over the previous 3.5 years (GTF grounding time) the company will have made a net profit of around a billion euro's.

During H2 F27 we'll lose a lot of that. Why:

● We're getting rid of the CEO powered Aircraft

●We're returning the Grounded CEO's

●We're maturing routes

All of the above is extremely expensive and keeps our profitability down to break even ish. However when the job is done. We'll make a net profit of around €10 per passenger.

Oil Prices will plummet as soon as the Straits are open. Meaning a possible long term hedge for Wizz at a very low price.

Just relax guys and Stille, and keep the faith.

I was buying wizz though in 2022 for £28.

GaryDav. You're missing the point. My overall average is about £17.60.

But since August 2024 it's around £11.50.

I'm only going to talk of my average since August 2024 now because I get too much of a headache from Johnbri when I talk of my overall average. My overall average is of course high because I bought before the GTF issue became a real problem.

My, since August 2024 average: £11.50.

Let's hope so Craigo. I bought a tranche at my lowest ever price. £8.76.

Check out flightradar24 for that. You'll see Emirates Aircraft back to back going in and out of Dubai.

Emirates Airlines are back up an running again. If they can fly Aircraft out of Dubai Airport, it won't be long before ships are going through the straits.

And it doesn't matter if the company sits at break even for the next couple of years or the share price stays at £9 or £10 for a couple of years. It only matters that the plan is executed well in the end.

Thanks D9

I'm not really concerned about a bit of banter. Comes with the territory of posting regularly on here. Can't take the heat, get out of the kitchen. Right?

Regarding the share price. Obviously it would be nice if it were higher. This investment is not about today's share price though. It's about understanding Varadi's plan. Lobbenberg likes it and as far as I understand it, I do to. We can only be disappointed if the plan is not executed well in the end.

Growing market share in short haul operations is 100% about costs. Varadi is trying to achieve the lowest costs of any Airline in Europe. Once he achieves that, the market share will grow as fast as Airbus can deliver new Aircraft.

If in 2030 Wizz have 300× A321-NEO's at 239 seats each. With pratt&Whitney GTX engines fully functioning. Wizz Air's costs will be slightly lower than Ryanairs (CASK). This is why MOL gives so much time to disparaging Wizz. That'll mean that they can slowly take market share from everyone including Ryanair.

Lobbenberg does work for Barclays, he has a buy rating I believe and a price target of £14.