Wizz Air Share Discussion Threads

[dare2share] 02/6/2021 09:34

Interesting indeed! I do struggle to understand the reaction. Don't get me wrong at a certain price I could see a case for buying but not at anywhere near 4800! Its valued at more than it was pre pandemic and in that time it's lost 500m, admitted it will be loss making next year and yet people are still buying. I'd maybe buy at 2,400! Going to keep my short open for now

[ochs] 02/6/2021 09:03

Interesting price movements this morning, it's almost as if the market didn't know how to take the announcements. I know markets look ahead, but seems a hefty valuation when even the company are saying they are unlikely to be profitable until 2023!

[dare2share] 02/6/2021 08:31

2.5 percent fall now...take off another 10 percent and will almost be at an appropriate response to this mornings announcements!

[dare2share] 02/6/2021 08:07

Shares in issue increasing from 85m to 100m, loss of 0.5bn and no profit expected in FY22....and share price goes up! Talk about low expectations if this is beating them!

[ochs] 01/6/2021 16:28

There's a resistance area around 4,902p which is slowing it down atm. Be interesting to see how the shares react tomorrow - I guess it'll be more about the statement than the numbers...

[dare2share] 01/6/2021 14:44

Brave people buying this ahead of tomorrows results. My short position isn't looking too good just now!

[ochs] 10/5/2021 15:49

Only down 2% on the recent green list news. These shares (and easyJet) are remarkably resilient.

[wiseacre] 10/5/2021 15:29

losses are piling up. Still massively overvalued.

[ochs] 21/4/2021 10:43

Yes indeed, although I'm expecting it to bounce again from just under £46.

[wiseacre] 21/4/2021 10:13

Agreed Ochs but as the last few days have shown they can't keep it up for ever.

[ochs] 30/3/2021 16:35

Its been a great trading share over the last few months. I've made money both long and short, but being short for an extended period can be risky as it's been remarkably resilient - despite the awful vaccine situation in Europe.

[wiseacre] 30/3/2021 14:40

IMHO this is the most inflated share in the London market. The company has a mountain of debt with published plans, currently, to raise three billion Euros. Its bonds carry a BBB junk rating. It is haemorrhaging cash and its prospects are bleak. I am short and well in the black.

[wiseacre] 18/3/2021 16:39

Insider dealing I'd say

[ochs] 16/3/2021 17:30

Now on top of 5 different directors selling in the past 3 weeks, a US private equity firm sells half their holding at £52 (raising £400m), and yet still the share price rises back towards £53! You have to wonder if the COO knew on Thursday last week when he sold £0.5m worth of shares at £55.15 about the proposed sale by Indigo Partners? How much notice would the board of directors have had?

[wiseacre] 16/3/2021 14:53

They have not got the placing away and with the directors selling, to hold this stock is quite frankly nuts.

[mach100] 16/3/2021 11:19

Yes the tgg it seems to have been a well engineered placing. I thought it might be a spanner in the works but the outcome has given me a lift. Usefully the buyers are locked in for 3 months.

[thegreatgeraldo] 16/3/2021 11:06

Quite impressive that they got the placing away without cratering the price

[ochs] 15/3/2021 07:49

Ok so there have been 5 separate Director sales (including CEO and COO) in the past few weeks, the latest being £0.5m worth of shares from the COO on Thursday. That should tell us everything we need to know about the current Wizz share price.

[castleford tiger] 26/2/2021 17:08

Jet 2 the same. Bubble time. way too high in my opinion tiger

[wiseacre] 22/2/2021 14:20

looks like the price is being massaged ahead of a placing.

[arja] 26/1/2021 15:53

very good performance today and one would think it was not an airlines stock .

[bulltradept] 11/1/2021 09:50

Market forward looking...

[norfolk enchance] 03/12/2020 22:24

Current share price makes no sense, price higher than pre covid crash and currently nowhere near pre covid passenger capacity

[philanderer] 03/12/2020 12:07

New base at Cardiff airport. [...]