Member Info for Garydav2

Wow that was a massive spike overnight !!

Dropped back a bit .

What's the next move for the US? They need to get an end game I'm place quick ...

WTI crude oil futures surged 26% toward $115 per barrel on Monday, after earlier soaring as much as 31% amid a series of production cuts from major Middle Eastern producers following disruptions in the Strait of Hormuz.

As I post this now fallen back a bit to $105

$113 now up 25 %

Trump is a loser.....

Https://www.telegraph.co.uk/news/2026/03/08/battle-strait-of-hormuz-us-royal-navy-carriers-ships-subs/

Airline SP Falls this year in %

1W. 1M. 6M

IAG 4.12. 18.48. 7.26

EZJ. 7.73. 16.00. 12.86

As you can see Wizz have been hit very hard . Only 2 weeks ago were £14 but fell heavily on the Indigo sales news. Then had the rug pulled with the Iran invasion only last weekend and profits Warning last week.

All time low here now and dropped intraday to 9.04 on Friday.

It's hard to know what's going to happen here but as long term holders just have to wait for some good news around Iran and they will bounce back.

Good luck for this week

WIZZ. 14.26. 34.00. 30.23

Varadi quoted from the recent interview;

Short-term, we are well covered against fuel price rises. I do not believe any airline is better hedged than Wizz Air. We are not defenceless,” Váradi added. Tags # Hungary # Middle East # travel

Continue reading at https://dailynewshungary.com/wizz-air-return-full-capacity-varadi/ | DailyNewsHungary

This is from the last Report:

As of 22 January 2026, using jet fuel zero-cost collars, Wizz Air has accumulated hedge coverage of 83 per cent of its jet fuel needs for F26 at a price of 681/749 $/mT. For F27 the coverage is 55 per cent at a price of 650/716 $/mT, while for F28 the coverage is 7 per cent at a price of 628/694 $/mT. The jet fuel-related EUR/USD FX coverage stands at 87 per cent for F26 at 1.11/1.15 rates; for F27 it is at 59 per cent at 1.14/1.18 rates, while the coverage for F28 is 5 per cent at 1.18/1.21 rates

Oil was up 12% on Friday and could go much higher. How long can Wizz be affected by this and how much is priced into the 35% fall in the last 2 weeks ??

It looks like they have done a good job for this year

Just behind Greggs now then . They are at 13.4%.

Well done to holders that have kept their counsel and hopefully not panicked today. It's been a very testing day . And not nice at all for LTH'S.

Its definitely not time to gloat and sound like an expert when people are losing their investment values. Some of the posters on here today have shown how sad they are !!!

I hope posters such as the Captain and others are keeping okay .

Good luck to all

I think Capitulation Teddy .

Maybe that was the low for now ! I think the RNS has helped add some reassurance.

But things are extremely volatile ATM . Definitely not a time to sell regardless of any paper losses. Sit on your hands dont let the shorters get your shares on the cheap

Anyone buy in the 950's ?

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Latest market news

European jet fuel doubles crude price due to war

Market: Oil products

05/03/26

Jet fuel in northwest Europe traded at more than twice the prices of North Sea crude on 5 March, extending its record premium for a third consecutive day, as the war in the Mideast Gulf causes extreme volatility the jet fuel market.

Cif northwest European jet fuel held an $87.96/bl premium to the North Sea Dated benchmark crude basket and a $90.97/bl premium to front-month Ice Brent futures on Thursday, Argus assessments show.

North Sea Dated and front-month Ice Brent futures were assessed at $87.74/bl and $84.73/bl, respectively.

Premiums to crude — also known as refining margins or cracks — hit what was then a record high of over $70/bl on 3 March, before volatility in the market deepened on Wednesday. Price visibility collapsed on Thursday, with market participants unable to agree on levels because of the volatility, they said.

Jet fuel cracks in Europe are now more than 200pc higher on the month and over 350pc higher on the year.

Even though broader product supply has come under threat because of the war in the Mideast Gulf, jet fuel prices have taken off in a manner like never before, market participants said.

For comparison, jet fuel roughly holds a $25/bl premium to diesel at the moment — it was trading at around a $2-4/bl premium to diesel last week, and at a discount this time last year.

https://www.argusmedia.com/en/news-and-insights/latest-market-news/2797146-european-jet-fuel-doubles-crude-price-due-to-war

Buy orders set for 950 and 930

GLA

Has Midastouch2015 got the Midas touch or just a failed investor that bought too high here and just dishes out insults....

Made 2k on Wizz over the last week : )

Don't normally share any amounts but thought you needed a response. Maybe not a fortune for you Warren Buffet but I'm happy with my trading since the Indigo sales

Oil price flying up.

I ended up selling my last trade here. Got a little bounce from 987 to 1006 and took another profit out.

I dont want to hold these overnight or the weekend .

GLA

I think Oil up, US markets down shorts up here

950p for me

Dow now down over 2%

If EZJ follow Wizz and issue a profits Warning that is very likely then you are looking in the 3's here

Tomorrow night be a selling day

GL

Well I've traded in and out several times and been good .

Now have INVESTED at 987 for long term .

I'm thinking of these were worth £14 plus only a week back the correction has presented an opportunity over a 12 to 18 month basis .

Good luck all