Member Info for D9Ber1

I remember holding IAG, bought one tranche at 96p, some at 160s and some in the 220s. My overall average was in the 180s, I sold the lot at 387. In the time I held it, I saw large profit disappear and then reappear, I kept the faith, I did okay and I'm positive I will do well here, as will others as long as you don't panic! Said to me time and time again, you only realise a loss when you sell. I'm down a good bit here and have a lot invested here, there is a fantastic opportunity to make decent money here, but not overnight unless your extremely lucky with your timing. A five year hold for me, I remain confident, at the absolute minimum I should be able to double my £12.90 average, probably easily exceed that!! In the mean time, I will be patient and enjoy reading the good debate towards or against. Having a balance portfolio is the key, although I've loaded up my SIPP here thankfully work place AVCs, invested in range of established funds. Never have all ones eggs in one basket. I personally have an appetite for a lot of risk, but do feel on balance, we know the known issues here, as long as a decent statement on the 13 and hopefully good insight to what the journey ahead brings for WIZZ, we should be on the up. Every month that passes, more planes are working towards getting their engines fixed, it will be an ever improving picture! GLA !!

Good post Yeslam, we need a solid update next month and hopefully shorts start to close and SP heads back upwards!! I'm down here considerably but not selling, WIZZ will rise backup!! Patience needed, don't let the MMs win!!

I believe WIZZ will come good, just need a little patience!!

I think a lot depends on what is announced on the next results, we need to see a clear path out of the current situation. If there is good guidance from management then this could rise to £12 - £14 on results day and if a decent profit, if not the SP goes down below current levels. I will stick my neck out and say £13!

I've seen this looking at latest news for WIZZ. I'm not understanding why they would be looking to defer, surely with a shortage of aircraft they would want these in asap and then undertake sale and leaseback generating additional revenue?

https://simpleflying.com/wizz-air-airbus-delivery-deferrals/

I think it will have to reach a point with the Ukraine war that Putin is under enormous pressure from his own country to end it, I don't see that at the moment unfortunately. Until countries stop buying Russian Oil, the war machine rolls on.

Wasn't that because timeline for resolving the engine issues got pushed out further? Hopefully at next results a solid forward look statement, decent progress with resolving engines and a decent profit would be good!!

You got in at a good entry point, you should do well a good hold!

I would agree with sentiments of investing here, I'm currently under water at average now of £12.90, I've been averaging down too. Patience is the key here and those that can hang on for a few years will be richly rewarded. I'm looking forward to the next set of results, hopefully a clear trajectory to what lies ahead! I'm hoping to retire in 5 years time and if WIZZ does as well as I expect it to e.g. reaches £40+, then I will hopefully be retiring comfortably. I'm still sick I sold out of Rolls Royce after they had doubled! I'm not planning on selling here anytime soon, just sit back and once those engine issues get resolved, what the £££ role in and it will! Notwithstanding any unknown black swan events of course!! GLA!!

Hopefully positive forward guidance next month and we can get out of this holding range.

Well said B777Captain I'm locked in at higher prices but not going anywhere, patience is key here!! All to play for in the years ahead!!

I think investing is WIZZ isa great play and if the war in Ukraine finally gets resolved, the SP here will rocket! I'm hoping all the bad news is out and hopefully too we get a good forward look picture in the next results next month of where we are at. We just need a little patience, but I'm happy with my investment here, although timed it badly and currently under water, this will turn around and I'm extremely positive in the comments here too which continues to support my thoughts that investing here will prove a solid investment. As we have said many times in the past, when WIZZ moves it moves quickly!! It Wizzes!!! GLA and be lucky!!

@sundenza over here now, you got to your £4 with IAG, I bailed out at 385. Over here at WIZZ, I think if the war in Ukraine gets settled, this will absolutely rocket past £15, probably more like to £20! Ukraine is a huge market and WIZZ and RYA will be keen to get back into it asap!! GLA!!

I would like to see a decent forward look statement at the next set of results, otherwise we continue to drift downwards. I'm annoyed with my timing but no intention on selling. Once back above £13, I will be happy, in the meantime good opportunity for those with available funds to load up cheaply. Medium term here an absolute steal at these prices in my opinion. GLA!!

Needs to stop Russian Oil being sold, fueling the Russian war economy!!

Hopefully some positive news next month and clear guidance on where we are heading to lift the SP!! GLA!!

What does that translate to in terms of SP? £40+?

@B777 Captain, I did very good read so thank you!!

Thanks B777!!

Maybe perfect timing for WIZZ and Barclays taking a big stake? Thankfully I topped up a bit!