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LSE is full of shares in decline week after week, month after month, year after year I am just looking at it and hoping surely it cannot go lower and yet it is.
There is no confidence in London stock Exchange. I hope that long suffering companies will be bought with foreign money just like Wincanton last week. Or delist from LSE like the Tui is proposing.
We have been warned back in 2016 that Brexit will be bad for London and UK companies, but clever british people said “nah” we want out. So we are and there you have it. Proud britons now live in poverty and dump mouldy houses while rest of us that had few quid and invested in stock market have less each day.
Thank you very much proud britons for getting us poorer. God bless you and your rotten teeth.
IMHO
GLA
Thanks DavidKov
That broker update made a difference, although it was downgrade but still above the current price so probably what triggered the downward trend.
I am not a day trader on this I am holding long and I am a customer of airline travelling several times of year and watching the progres the company makes (outside of stock exchange obviously).
Read recently that Wizz was second biggest airline operating in Israel with big market share. So that conflict is very damaging not only for the people involved but for the company.
Its sad to see. But I have hope that it will be resolved and the region will get to some sort of normality where we see the busines carry on as usual.
I myself never been there but will take an opportunity of wizz flight to visit Israel when dust settles.
GLA
Yes I can imagine that, I am living it every day. And just here. LSE is full of shares in decline week after week, month after month, year after year I am just looking at it and hoping surely it cannot go lower and yet it is.
There is no confidence in London stock Exchange. I hope that long suffering companies will be bought with foreign money just like Wincanton last week. Or delist from LSE like the Tui is proposing.
We have been warned back in 2016 that Brexit will be bad for London and UK companies, but clever british people said “nah” we want out. So we are and there you have it. Proud britons now live in poverty and dump mouldy houses while rest of us that had few quid and invested in stock market have less each day.
Thank you very much proud britons for getting us poorer. God bless you and your rotten teeth.
IMHO
GLA
RBC raises Currys price target to 75 (70) pence - 'outperform'
We have a broker upgrade rating and CFO buying in some shares and still they go down
To me it looks like nobody have any confidence in UK stock market.
It is all about US market atm
Just my view
GLA
I get it Retirement Plan, it is not a day trading or a gamble for me either. I am invested on LSE well over 5 years. I have made some money and loose some as well. But at the moment it feels like everything just going down. I have around 8-10 stocks and all are in red.
And how do you explain over 5% drop on Wizz when other firms in sector down marginally.
you are correct davidkov, this is piece of ****. just like all the other pieces of **** on whole lse. it is all bull **** all lead by fat idiots like gov of boe.
sooner i get out the better
should have gone out after pandemic and live in piece, instead i still read this garbage.
JPMorgan analyst Harry Gowers reiterated a Neutral rating and GBP22.00 price target on Wizz Air Holdings (WIZZ:LN)
Well, congratulations to him. He got it spot on. Never before I’ve seen a broker price target actually hitting very next day. Well done Harry. I am sure he deserves his milion pound christmas bonus or whatever it is. As they all do for an amazing job that they are doing. 😆
Unlike DavidKov who shouted at us “Sell” when this was arond £16. No bonus for him I am afraid.
Don’t forget it is only paper loss if you don’t sell.
Patience is the key and will be rewarded as the company will grow into future.
Good luck all
UBS raises Wizz Air price target to 3,790 (3,625) pence - 'buy
We got an upgrade from good brokers at UBS at least
They upgraded EasyJet and RyanAir too so they are showing their confidence in short haul european aviation. All in my opinion.
GLA
On the other note.
One of directors (president) just bought a chank, not huge but still shows that they are willing to put their money when they see how underwalued they are.
The other one was granted a shere incentive plan where he gets his shares under circumstance that they reach £119. So big incentives for managment to be focused on delivering the results.
I hope at least on that we can agree on.
Good luck all long time holders and managment 😉
Analysts at RBC Capital Markets lowered their target price on low-cost carrier Wizz Air from 3,400.0p to 3,200.0p on Friday following the group's interim results.
RBC Capital said it now forecasts net income of roughly €354.0m for Wizz in 2023/24, towards the lower end of the firm's €350.0m-400.0m guided range, and noted its largest downgrades were in 2024/25, reflecting guidance for flattish capacity.
However, the Canadian bank remained at 'outperform' on the stock, stating expectations on engine headwinds had now been rebased and said even a partial margin recovery offers scope for roughly 150% potential share price upside.
"We think delivery of Wizz Air's FY23/24E guidance will require a resilient 2H given the company's exposure to Israel, and engine challenges. Mgmt expects an improved unit revenue performance in 4Q (when capacity growth steps down to +15% from +25% in 3Q)," said RBC. "Whilst visibility should be limited, we also see this as likely (with Easter timing supportive in 4Q). However, this means proof of delivery on 2023/24E will need to wait until FY results on 23 May."
RBC added that it expects Wizz Air to be past the worst of aircraft groundings by the second half of next year, allowing focus to shift to longer-term prospects.
It is hard to know the market reacts to any news, and nothing is safe atm. Look at Diageo, down 13% on weaker demand on other side of the world.
It is difficult times for everybody but I believe it will not last forever. I dont know when but it will turn one day 😁
Thats not really an answer I was hoping for hey.
It is becoming obvious that you have personal hatred towards mr Varadi.
Maybe you are an ex empoyee or a begrudge customer.
You single out Wizz for all the ills. Ut you never mention EZJ or TUI. Which are in simillar positions, and have debt, and fligh to regions around Israel therefore would be afected in a similar way. Which shows on their depressed share prices, historicaly speaking off course.
Mr. Buffet also have a very famous saying “be gready when others are fearfull” just to balance your one direction stance.
Thank you
I think he meant the war in Israel that is around 5-6% of revenue for the Wizz. That is quite difficult to foresee at the moment with no flights at the moment and they should start by the end of this month but who knows what the situation will be by then.
Maybe you know Davidkov as your predictions are almost spot on at least regarding the wizz share price. But not so much on oil price so far.
Can you see what will happen on the middle east next month or next year?
Will the flight resume and live get back to normal?
Or will there be more war, more uncertainty and no flights going into the region?
Please do share your views
Thank you