Member Info for MadMat

Thanks for the intelligent input.

Obviously not view shared by Capital Group as they've just increased their stake to 15%

Page 5 of the results presentation says this

In the second half of fiscal F24 Wizz Air repaid one of its two outstanding €500 million bonds, issued under the €3 billion EMTN programme. Following the bond repayment, Wizz Air renewed the EMTN programme.

Also this

Net debt at the end of 31 March 2024 was €4,790.2 million vs €3,892.8 million at the end of 31 March 2023, while the Company’s leverage ratio (net debt to EBITDA) decreased from 29.0 at F23 year end to 4.0. Over the same period, liquidity reduced to 29.2% per cent from 36.2 per cent .

So they repaid a 500m bond, this year but Net Debt is nearly 1B higher than last year. Does anyone know what the debt situation really is... it appears to be getting worse not better....

KGinvest, do you assert that netcash is the same as no dept... my understanding is limited but I don't think they are the same.

fatprofits, thanks for the link... Is my understanding correct that, simply put... they have paid back £1.6b old dept and started £850M of new debt ... and that therefore the total dept as of March 2024 is 850M, maturing in 2031 ?

https://corporate.easyjet.com/investors/regulatory-news/news-details/2024/easyJet-PLC-Pricing-of-Debt/default.aspx

thanks for your help

The elephant in the room of course is the debt pile

Easy and others must have issued bonds or have other debt facilities (running into billions)

Does anyone of you lot really know about this... If so please share. Thanks

That means their current position is worth a tad over £300m... not messin about

Buying is the easy bit,

its knowing when to sell that's tricky

I'm looking forward to hearing about the divi reinstatement. The half year report suggested 4.5pps

Fact is that in the last few days of carnage.. IAG sp has suffered less than the budget carriers, so disregarding all the unsubstantiated mud-slinging, I cant see why you think the IAG model isn't working.

IAG are making profit in the Billions (not millions), and paying divis again soon I believe.

I think people will always be prepared to pay a bit more for a better product or service.

With BA you can see where the extra goes and in my view its worth paying for. (generous luggage, decent food, a drink included, and service with a smile)

With EZY the prices are attractive but they just make it soooo stressful... closing the gate 30mins before departure. WOT!

I've not flown RYA for many years as every experience I've had with them has just been horrible from start to end.

My point... there is a market for premium brands.... and there always will be.

All airlines need to demonstrate their debt is under control, they all owe billions and interest rates are not coming down as quickly as many hoped / expected. next BoE review 1st August I think

Still less than 1% of total shares,

Doing better than I first thought... but still way off target.

According to the 2nd link the 300k per year target was actually set by the previous government

https://www.nhbc.co.uk/binaries/content/assets/nhbc/media-centre/stats/nhbc-annual-statistics-2022-data-booklet.pdf

https://www.housingtoday.co.uk/news/more-than-212000-new-homes-built-last-year-annual-housing-supply-figures-show/5126619.article

Up 4% on no news. this share is such a white knuckle ride. not really what you expect from a co with a 2.2bn marcap.

still, hopefully the new government will restore the investment credentials of the UK and get some of that foreign cash flowing in again.

We're making good profit (365.9m) yet sp is lower than when we were loosing double that

Any guesses when this site will up date the fundamentals section with the FY24 numbers that were released nearly 6 weeks ago?

How could Ryanair snap up IAG... ? Surly IAG is vastly bigger.

Does anyone know how this site calculates the PE ratio?

Officially - The P/E ratio is calculated by dividing the market value price per share by the company's earnings per share (EPS).

The price per share is easy.

How do we calculate the earnings per share? Is it based on the reported 'Profit for the Period', in the case of IAG 2,655M December 23, reported on this site?

How does it work when the company is reporting a loss, as with Wizz

thanks

Thanks, I'll try the IAG Board...

or perhaps Shell

Does anyone know how this site calculates the PE ratio?

Officially - The P/E ratio is calculated by dividing the market value price per share by the company's earnings per share (EPS).

The price per share is easy.

How do we the earning per share? Is it based on the 29 Sept 2023 Profit for the Period 324M reported on this site?

If so isn't then so out of date it's completely useless?

thanks