|Wizz Air Holdings
||EPS - Basic
||Market Cap (m)
|Travel & Leisure
Wizz Air Share Discussion Threads
Showing 76 to 98 of 100 messages
|Is it a concern that a company has changed CFOs twice in the space of just over 14 months?|
|We will hit 1900 soon and go above 2000 in Q2. It went flying after 3:00pm.
Great finish, shows that people see how undervalued WIZZ is. Crushed resistance @1680 and @1698.
Have a great weekend Wizz'ers!|
|PS: Chart looks great.|
|Look's like we will hit 1900 soon.|
|Hi Mach, I agree with £20 to £23 per share.
At the mom WIZZ has the best figures out of EZJ, RYA, FLYB and DTG.
So far today we had a few big buys, looks strong.|
|Still here yoyo, I believe Wizz are worth £20 to £23 so will accumulate when I can. These airline companies are very volatile but worth buying on dips before they take off. Generates piles of cash,is expanding and might do better in a recession than good times where people trade up to spend more for more. Looks like the share price is accelerating higher again after investors took flight on the latest update|
|So quiet here. Anybody around?
Goldman has Wizz as a buy.
UBS has Wizz as a buy.
Socgen has Wizz as a buy.
Hard winter in East Europe finished, Oil is cheap, company is expanding.|
|Popped this morning... above 1720 resistance.
Wonder why given oil price scenario?|
Today's RNS tells us that non-eligible (ie nonEU) interest in WIZZ has hit the max 49% limit.....
Good, I suppose, that someone sees WIZZ's potential !
|That director has sold up. I dont know why he has accepted such a low price. Glad he has no more holdings as it sends a poor signal to the market.|
|I think it's deliberately vague....|
|Trying to get my head around this setup with Indigo. On paper the company looks very attractively priced, but the massive dilution in shares in issue doesn't fill me with great confidence.
I will however freely admit I do not fully understand the arrangement and would be very happy for anyone with a better understanding to explain it.|
|Slight correction. It was mainly in Romania that there was loss of market share. In the other markets it's more mixed.
Agree it's got good growth potential. I may well buy back in if the price is right.|
|I think Wizz still seems good value with good growth potential though your comment about possible losing market share is a concern - I'll have a closer look...|
|I've been quite bullish about low cost airlines but Trigger is right about Wizz. Look at the last section of the recent annual report. I remember seeing this last year and was slightly surprised that the issue with dilution hadn't come up earlier.
Also compared to last years figures I got the impression (rightly or wrongly) that Wizz is losing market share in it's main markets to Ryanair.|
|Scrutable not sure the comparison with Ryanair is meaningful- have you thought about the future dilution from convertible debt? My understanding is that the numbers of shares will more than double.|
|the cap is only four times operating cash flow and five times the increase in cash at bank despite an increase in deposits laid out against new aircraft orders.
Ryan Air by comparison is priced at xten times op cash flow.
I conclude that Wizz,(now the most successful low cost airline in eastern Europe) which is only one fifth the sizeof Ryan, but is expanding slightly faster from a a much smaller base, has a lot of rerating to look forward to.|
|There is a lot of convertible debt so you should adjust the eps for that - it is abou £1.50 taking account of the convertible debt. Also don't think you can strip the cash out of the valuation as they have high capital requirements / aircraft leases (I don't know the detail of this for Wizz but generally airlines need to hold a lot of cash). It nevertheless still seems cheap for steady growth and high returns on capital.|
|Am I missing something here. With around £568m of cash (inc restricted), if you strip that out the valuation is insanely low compared to other in the industry? Someone with more insight / experience with valuations may wish to correct me?|
|Indeed, about £3/share basic EPS. Give it a (conservative) P/E of 10 = £30!
(Although forecast growth next year of 17%).
Cash conversion I make at about 55% but, as you say, it's now looking like a pile ;-)
Interesting their comparative competition figures with other airlines on their principal destinations. Easyjet really not participating in these markets at all. (Well, I sold my EZJ last week).
ps a nice quiet BB here; something I like ;-)|
|That's some set of results! Massive cash pile. Very happy with this.|
|Yup I guess it probably means there is a big seller or two persistently selling at £19. I think it should break soon|
|Never seen a stock behave like this, with such a consistent ceiling for such a long time.
Hoping for a break-upwards but who knows.|