Member Info for FlakMagnet

I see the village idiot(s) is/are back! Hey bud(s), you forecast £8 sp this time last year and it went up to £25. I had my £8 all lined up ready and you were wrong guy(s). So what's your looney tune forecast this year so we can remind you of it in 6 months time? (Maybe do some research first this time though rather than this tea-leaf reading methodology you presently have..).

Aren't you the gobby one who last year said the price would fall to £8 around November '23? (it bottomed at almost double that). Now, presumably on reflection, you predict it's 'going to drop 100% '. Absolute zero this time then? Zero, zilch, zip, nada, niks?

Wrong again fella! No idea where the sp is off to but it's looking good wherever it is.

Yup all unmatched trades get bundled into a single deal after trading closes. Could be one or many trades in the bundle. Chances are it's many. Putting £5m down after hours and letting the process decide what price you're going to pay would be too risky. IMO at least.

I think you'll find that was just a UT reconcilliation after hours. Same principle applies though but across many purchases rather than just one.

The best bit: '... the airline celebrates two decades in business at a party in Budapest to be attended by 3,000 employees flown in from its 35 bases across Europe and the Middle East.

The message he plans to convey is that a nadir has already been reached in terms of fleet disruption, with the number of planes grounded by the engine crisis at a maximum.

“This will be one of the biggest events of our corporate lives,” he said of the gathering. “We should feel very proud of what we have achieved and that should give us energy and pride for the future. We have another exciting 20 years in front of us.”

Then it’s back to London for the presentation of full-year results on Thursday, followed by Friday’s appointment at the London Stock Exchange.'

https://www.telegraph.co.uk/business/2024/05/19/socialistic-london-mojo-wizz-air-boss-jozsef-varadi/

The price downgrade happened on the 12th May plus all airline shares went down yesterday not just Wizz.

Easyjet put up some great numbers yesterday with a projected £1billion profit for the year but they announced the CEO was leaving in 2025 causing a tumble in all airline stocks. Why as no other airline will be affected by his departure? A probable reason is that share trading algorithms are linked together so a sell off in one causes them all to fall. A bit stupid but there you are, they'll bounce back over the next few days though. All imo.

Surely not. A £10 million rise in 'analyst expectations' of winter costs is around a 3% increase. The posted £42m drop in winter costs from £392m to £350m is a 12% decrease. That's a real saving of 12% yoy going towards a projected profit target of £1billion. £10m is neither here nor there on this scale.

So now all the little fish have been shaken out of the share after the overeaction to EasyJet's half year results 'only' hitting mid-range, the big boys will be out hoovering everything up again. Seen it so many times - all imo.

Good question. Another is when I make a hefty buy or sale, why don't I see it reflected in share activity until the end of the day?

Looks like all the little fish have been shaken out now time for the big boys to hoover up. Seen it so many times.

Don't know where you see that. Shorts actually down from 3.43 to 2.98 in the last 3 days.

Shorts have actually retreated marginally in the past few days. Check it out buddy.

Yup - the one and only graces us with his presence once more.

Overdone dive across the board for airline shares yesterday, top-up time. At these prices it would be rude not to! All imho.

FTSE followed the US market down on opening as oil prices spiked to near $92. Retreated to $90 on close and will probably drop further on Monday in the absence of Iranian retaliation. US airlines recovered some ground towards close on Friday which is a good sign. All imo.

Don't worry £24 will be back. Overdone 'fire sale panic'as usual - shakes all the little fish out of the market for the big boys to hoover up next week. The traditional annual rise towards results in May kicks off about now too so it's looking good for the coming weeks. All imo.

Stick around for the rebound bud. Fundamentals always win through imo.

Apologies. Just done a search of Sunday Times and a similar dated 2023 article is all that comes up. Strike probably all history now.

Re the above, the union at ground handling company GH London has announced 3 strike days which will affect Wizz at Luton in Aug & Sept. See https://www.unitetheunion.org/news-events/news/2023/august/luton-airport-facing-massive-disorder-as-wizz-air-ground-handler-workers-announce-strikes