|Wizz Air Holdings
||EPS - Basic
||Market Cap (m)
|Travel & Leisure
Wizz Air Share Discussion Threads
Showing 76 to 99 of 100 messages
|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.|
|Oh well, low oil prices must give operational and price flexibility so that's a management issue rather than a downside per se.
Anyway, added today at 1917.|
|One or to analyst saying costs a tad higher than anticipated.
Oil price movement weighing on future sentiment
Some profits taking also
Looking good IMO (FWIW)
report from this AM:-
Shares in airline company Wizz Air (LSE: WIZZ) have fallen by 2% despite the company releasing a positive trading update. In fact, following its third quarter it now expects underlying net profit for the full year to be higher than previous guidance, with a figure of between ?200m and ?210m being forecast versus previous guidance of ?190m to ?200m.
Encouragingly, Wizz Air reported a significant rise in passenger numbers, with the total increasing from 3.8m in the third quarter of the previous year to 4.7m this time. Part of the reason for this was an increasing load factor, with it standing at 85.7% versus 84.6% in the same quarter last year. And with fuel costs also tumbling, the long-term outlook for the business is relatively bright.
Of course, the airline industry remains hugely competitive and this level of competition could increase when oil eventually begins to rise in price. Companies such as Wizz Air may not be able to pass on all of the additional costs to consumers and with the outlook for the global economy being uncertain, price may become an increasingly important factor moving forward.
However, with Wizz Air trading on a price-to-earnings growth (PEG) ratio of just 0.8, its risk/reward ratio seems to be highly appealing at the present time.|
|Supper results. Not really a strange move at all, look at the rise up to the news. Buy on the rumor, sell on the news. Upwards movement resumed and hopefully a new high not far off|
|Strange reaction to what appears to be great results.|
|Really good RNS I think - I'm a happy holder!|
|Wizz Air called up 5% at the open
WIZZ AIR (WIZZ) +5%/IMS * revs +17.3%, und net profit +376.5%, results for Q3 ahead, "robust" trading across all markets|
|Brilliant news + quiet BB = happy holder|
|Nice RNS I thought.
Bit quiet here....at the moment.|