Member Info for B777CAPTAIN

In my opinion, I'm extremely happy with that earnings report. Just how resilient is Wizz Air. Despite major issues with it's Abu Dhabi joint venture, many cancellations and diversions due to the Israel - Iran war, and 41 aircraft grounded. The company makes a profit.

Going forward I'll have plenty of averaging in time before 2026. Then I think we move up toward that £42/share by summer 2028.

All good news today guys.

Frank

0600 GMT Tomorrow

Last time it first appeared on the LSE website. Should appear on this website fairly quickly as an RNS but not immediately.

By 0655 GMT there'll be journalists reports available.

Taut

In my view, nobody can ever expect to buy any stock at the bottom. If you're planning on holding Wizz for a long period, you can see that £16 is a cheap average price. Due to the circumstances, Wizz is temporarily trading under £20 (maybe this lasts 2 years). The whole period that Wizz is trading under £20 is a massive long term buying opportunity.

Wizz will expect to make a net profit of at least £500m within the next 3 years. That makes any purchase below £20 better than a PE of 4.

If you can average in now, even better.

All IMHO of course.

Lee21

I don't think that you've made a mistake. You just might have to wait longer than you expected. You can see my previous posts for my views. But I don't know of any other stock that has the potential 3-8 year returns that Wizz has. As a profitable company, it's relatively low risk.

Lee21

I don't think that I'm the right person to ask about the large institutional shareholders changing their holdings in the company. They have their reasons for what they do, they have to do their due diligence concerning the money they manage for their customers. Changes to credit ratings, currency and interest rates, fuel prices etc all feed into the Algorithm.

I am an Airline guy and from my experience, knowledge of Aircraft and the industry, I see Wizz as a very good long term investment.

Taut

If you're a long term guy, I see £16 as being very good. In the last 5 years the highest price has been £53 and the lowest has been just over £10. You're much closer to the lowest price than the highest. I'll be around the £18 mark in the next couple of months and I'm very happy with that. One good earnings report and we'll be break even and we go from there.

Pogo

I'm disappointed with you.

At the end of last week, you were posting reasonable discussion points.

Stille

I want to avoid Politics. I'm sorry. I really hate what's going on in Israel and in Ukraine.

I think most Arabs I work with feel exactly the same. However regarding Ukraine there does seem to be sympathy when it comes to Russia with this idea of stopping NATO expansion.

Saudi's and the UAE are very willing to work with Trump. They see Trump as a friend who they can make deals with.

My take is that Michael O'Leary avoids the elephant in the room:

Passenger numbers growing at only 3% for F26.

Only 5 Aircraft delivered for the quarter.

Michael O'Leary talks of advantages for Ryanair and disadvantages for competitors but at the end of the day, the market is growing at 5% in Western Europe and 10%+ in Eastern Europe. Ryanair is not maintaining it's market share. And they haven't even started to retire aircraft yet. That comes next year.

He uses the word "hope" with Boeing.

I think that Barclays will upgrade. After the earnings report.

I think that forward guidance will bring palpable relief to the Market.

He'll forecast earnings of €250m for F26.

I'll go with £12 within a month after the report. And £15 by Christmas.

Varadi is following exactly what the Barclays Analyst (Lobbenberg) has been saying since February. It does give me the feeling that these guys talk to each other. Are Barclays allowed to receive exclusive information?

Glennhoss

First Solo flight May 1987.

Thanks for asking.

Pogo

You're not overestimating Poland. It's going to be massive, like the UK. Wizz will obviously be the biggest player in this massive market in the 2030's.

Great Posts Pogo. I've given you recommended for the first time.

OK. LOT is an entirely different business model from Ryanair. It has a mix of Longhaul and regional Jet flying, its a legacy carrier. There's only a very small portion of LOT'S business that would fit into Ryanairs. That would be the 8×737Max's. I would be incredibly surprised if Ryanair bought LOT.

I presume that you are Polish because you clearly have a good knowledge of Poland and it's Airports.

Now I'm talking about the whole Eastern Europe including Poland. Currently Ryanair have about 100 Aircraft based in Eastern Europe that is approximately the same as Wizz. So effectively they're starting the same size. Wizz will expand rapidly in the region. Ryanair will not.

Everyone reading what I'm writing will be bored because I'm repeating myself.

Ryanair have very, very old Aircraft, 400×B737-800. All need to be replaced urgently over the next 10 years.

Boeing are delivering aircraft at a trickle (that's very, very slowly). Michael O'Leary is panicking, he's telling the US government that he'll have to buy from the Chinese, the C-919. That's a very distant option.

Modlin Airport wants to triple it's passengers by 2030. The only Airline operating in Eastern Europe capable of delivering that will be Wizz. Ryanair simply won't have the Aircraft.

Pogo

You might be right. Like I've said, everything in this industry takes time.

The market in Eastern Europe is expanding at 10% a year (that's double every 7 years). Ryanair are unable to expand. As I said before, it's advantage Wizz.

By the way. Thanks for a sensible post.

Frank

I meant an end to the war in Ukraine.

Wizz Air is an incredibly volatile stock. Good news from the next 2 earnings reports and an end to the war in Israel could possibly give a share price of £20. IMHO.

That's the Goldilocks scenario.

Frank

P&W are paying a compensation package. See the recent company presentation from June 5th.

Unfortunately there are significant costs that the compensation does not cover. The most significant being Depreciation of grounded Aircraft.

That's my understanding. Any Accountants out there can elaborate I'm sure.

Frank

Sorry! This is the Airline industry. Those grounded Aircraft are not going to be operational tomorrow and they're not going to be making profits next month. Everything takes time.

Pogo

One of our fellow posters said it yesterday. When Wizz moves it moves fast.

IPO 2015 - 2018 £11 to £38

May 2020- Sep 2021 £15 to £53

Aug 2022 - Jan 2023 £15 to £32

That's from memory but it's pretty close.

The dreamer here thinks:

July 2025 - June 2028 £10- £42