Member Info for B777CAPTAIN

I'll stick my neck out and say that if Wizz closes above £14 tomorrow, that'll be the last time we see £14.

To survive this dip and then recover to be higher on the week, looks like strength to me.

Good Afternoon. I'm still here. This is a consolidation period with very little news from January to June. I'm expecting an extremely gentle upward trend until June, maybe to £15. Then with good guidance at the F26 report, a push to £20. If you have to trade, now is probably the time to do it and not get left behind.

Add to that:

Our fleet is double Jet2's, and if we just make the same profit as Jet2, our share price will be +/- £40 because of the rate of growth.

Robbren

Jet2 market cap= £2.3B

Wizz Air Market cap= £1.44B

Jet2 Profit 2030= £500m

Wizz Air Profit 2030= £850m (speculative of course)

If you're prepared to look beyond Wizz Air's current issues, it's price is much cheaper than Jet2.

Jet2 is handicapped (great company, I used to work for them)-it's limited to the UK market. The UK's GDP/Capita is negative. The British Government have decided that the Airline industry is their new source of growing revenue. They've already destroyed pubs, so now it's time for them to move to the next victim.

With a PE of a little over 5, Jet2 will produce a growing book value in the years ahead but the profits will be stagnant.

I suspect that Jet2 will be like a cigarette company, no growth, high profit, high dividend yield.

Looks like you made a good call Robbren. Well Done!!

Robbren

Will you come back in if it doesn't go below £14 again?

IMHO. We've only just started. Selling now seems like selling Silver (18 months ago) at £30 and hoping to get back in at £29.

Lucas

Thanks a lot. We really do appreciate your updates... 👍

Now might be a good time for an update from Lucas?

Yes. I was thinking about breaking the silence but then I thought I'd leave it for today.

Anyway. Well done Stille 👍

Start again

It would be great if a deal was done just before the June earnings report because it would take away the risk and fear prior to that report.

It would be great if

Wizz had 30% of their fleet grounded due to an abundance of safety. Nothing to do with a fatal accident.

John. More issues doesn't mean an Aircraft "ploughing in". Obviously I would never say that. I spend my life trying to ensure that to the best of my ability lives are safe in Aircraft, especially the Aircraft that I fly. I don't want to see any accidents ever.

Since we're dreaming Bobbins, for me £20 isn't going to cut it.

£32: The days before the engine issues. It will have been a reasonable investment.

£48: The days before Russia invaded Ukraine. Now we're talking retirement affordability.

£56: The Nirvana. All time highs from 2021. Now we're talking a very comfortable retirement.

We need the Golden Swans:

● War finished

● Oil Price in the 40's

● Investment grade Debt back

● Favourable analyst coverage

● Full fleet of flying A321-NEO's

● Rapidly falling interest rates

It'll all come together at some point.

+

Preferably:

● More issues with the B737 Max

John:

2015-2018: tripled in value

2020-2021: Quadrupled in Value

2022-2023: Doubled in value

The company has a history of great recovery from adversity.

I'm talking about lows of the first quoted year to highs of the second.

We now have a situation where the recovery run should be even greater.

You should have travelled with us, our business class is a lot better than BA's.

Varadi said during the H1 earnings call that he can fill all the Aircraft that he can get during the peak summer season. He's going to have a lot of Aircraft this summer.

KPA

Stille said it and she's the only one on here who's ever stood up for you. You should be more polite. Something to do with Greggs sausage rolls, I think?

I've just bought some more. I hope that Stan is right.

My latest basic reasoning why I think Wizz Air's current share price is half price.

The numbers are rough and from memory:

F24... net profit €350m

F25... net profit €200m

F26... est net profit break even

H127...my guesstimate net profit €700m

In November with the 3.5 years of groundings, we reasonably could have had a net profit of €1.25B.

Convert that to GBP = £B1.08

That gives you a net profit of £310m per year during the groundings.

Given a CAGR of 11.6% it would be totally reasonable to have a PE of 9.

That means, at that point, in a smart World, the share price would be £28.

That's my Christmas forecast.

Thank goodness 😅