"For the second quarter, the City consensus is for revenues of €1,845 million and net income of circa €509 million."
Reported profit for the second quarter is €340m, where is the money, Mr. Varadi? Where is €170 million?
Https://www.proactiveinvestors.co.uk/companies/news/1032008/wizz-air-bounces-9-ahead-of-interim-results-amid-engine-and-middle-east-concerns-1032008.html
“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
Don’t invest in something you don’t understand.
“The important thing is to know what you know and know what you don’t know.”
Don’t do a deal with someone you don’t trust.
“You cannot make a good deal with a bad person.” (Mr. Varadi hehe)
Listen to Mr. Buffett! The Americans are coming, last warning!
LOL, I dont know what kind of "difficult operating conditions" Mr. Varadi is thinking of... No supply chain problems, no strikes, no flight cancellation, no oil price boom. Everything went smoothly! But they still could not reach the market consensus....
Further downgrades will come and if they do not reach the 350 euro net income, which they most likely will not, then a share issue or Lufthansa acquisition or bankruptcy proceedings may follow.
If you love your money, sell it now or forget it forever, my last warning!
As I said (13 Oct 2023 10:39 - Friday The 13th)
"I can tell you whats the next...
analysts downgrades -> new target prices between £15-25, when the chart below £10, new downgrades to £5-10
good luck my dear friends!"
And the name fo this trap in which we are, its called DEAD CAT BOUNCE! So buy the deep, my dear friends! 🤡🤡🤡
Market consensus forecast: net income 470-500, for this quarter, so its 330 -34%
This years fuel costs as the same as 2022 with no hedge and +$100 oil price (966.4), (1,032.7)
I dont know what they are doing, but this management is totally incompetent! ABSOLUTELY SELL..