Wizz Air Share Discussion Threads

[hatfullofsky] 17/6/2019 08:26

Apparently Lufthansa have issues a profits warning, hence the drop. Will try to dig it out.

[lukmanpatel] 10/6/2019 06:36

Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards and a newly registered today as a member lol

[montyhedge] 04/6/2019 16:37

Airline sector coming back into favour, oil down 20% since April and lowest since January.

[our haven] 04/6/2019 11:03

Excellent news on the passenger numbers and load carry % both up significantly. Given the challenges in the sector currently, what a result. Share price up with more to come in my opinion.

[philanderer] 04/6/2019 00:09

Bosses at Wizz Air, the Hungary-based budget airline which has managed to escape relatively unscathed from the pressures squeezing Easyjet (down 1.9 per cent, or 16.4p, at 854.8p) and Thomas Cook (up 0.8 per cent, or 0.14p, at 17.43p), have reaped their rewards.

Chief executive Jozsef Varadi bagged 46,796 shares worth a total of £1.5 million, while chief operations officer Diederik Pen scooped 30,300 worth £992,000. Shares in the airline climbed 4.5 per cent, or 140p, to 3274p.

[sengokusir] 02/6/2019 19:04

https://www.telegraph.co.uk/business/2019/05/31/wizz-air-targets-profit-growth-despite-challenging-times-airlines/

[montyhedge] 31/5/2019 11:10

I thought superb results, oil down 12% since April will help all airlines.

[bulltradept] 31/5/2019 10:45

Yeap I felt that.

[hatfullofsky] 31/5/2019 09:34

Solid results but poor sector sentiment

[connorcampbell] 30/5/2019 13:50

!YOUTUBEVIDEO:nVu05ic1deY:
Will Wizz Air be forced into an emergency landing following Friday’s full year results?

The company’s post-close trading update in early April was very positive. It said its net profit for the financial year would be at the upper half of the €270 million to €300 million guidance range. At a mid-point of €285 million, that’d be a 3.6% improvement on 2018’s record €275 million – a significant slowdown on that year’s 22.1% increase, a fair whack below the €310 million to €340 million announced at the end of 2018’s annual results.

In terms of Friday’s results, obviously the first hurdle for the company to clear is making sure its net profit is at the top end of estimates. Beyond that, the outlook for the ‘all-important’ summer trading period, alongside the forecasts for FY20 as a whole, could dictate the market reaction.

Read what Spreadex analysts have to say, or watch a 60 second preview, here:

[connorcampbell] 30/5/2019 13:50

Will Wizz Air be forced into an emergency landing following Friday’s full year results?

The company’s post-close trading update in early April was very positive. It said its net profit for the financial year would be at the upper half of the €270 million to €300 million guidance range. At a mid-point of €285 million, that’d be a 3.6% improvement on 2018’s record €275 million – a significant slowdown on that year’s 22.1% increase, a fair whack below the €310 million to €340 million announced at the end of 2018’s annual results.

In terms of Friday’s results, obviously the first hurdle for the company to clear is making sure its net profit is at the top end of estimates. Beyond that, the outlook for the ‘all-important’ summer trading period, alongside the forecasts for FY20 as a whole, could dictate the market reaction.

Read what Spreadex analysts have to say, or watch a 60 second preview, here: hxxps://spreadex.com/?tid=392570

[jonnyupite1] 04/12/2018 13:02

Underweight but with scare over brexit how long until they show strength????

[hawaly] 07/11/2018 16:16

missed my flight..... :-(

[hatfullofsky] 07/11/2018 15:28

Wow that's some reaction to a profits warning ! Well done WIZZ, fundamentally undervalued. It's a long journey back to 3800 though :-)

[porsche1945] 18/10/2018 15:53

owned these a couple of years ago and sold too soon....think Easy are a better bet but defo back into these once they get sub 18/16

[hatfullofsky] 10/10/2018 11:16

WTF is going on WIZZ getting hammered more than any other airline.

[hatfullofsky] 01/10/2018 17:23

FY18 Annual Report

Our relationship with Indigo

On 31 March 2018, Indigo (Indigo Hungary LP and Indigo Maple Hill LP together) held 20.62 per cent. of the Company’s issued Ordinary Shares, as well as 29,830,503 convertible shares of £0.0001 each in the capital of the Company (“Convertible Shares”). The Convertible Shares do not have any right to participate in the Company’s profits and are, save in very limited circumstances, non-voting. These limited circumstances include the consideration of a resolution for the winding-up of the Company or the variation of the rights attaching to the Convertible Shares or any variation of the rights attaching to the Ordinary Shares into which the Convertible Shares may be converted.

Each Convertible Share may be converted into one Ordinary Share, as long as the ownership of the Company remains compliant with applicable EU ownership and control rules. Indigo also holds a number of convertible notes which may be converted into Ordinary Shares, again provided that the Company’s ownership remains compliant with EU ownership and control rules. The terms of these convertible notes are governed by a note purchase agreement dated 24 February 2015 and entered into between the Company, Wizz Air Hungary Ltd. and Indigo. Our Chairman, William A. Franke, is the managing partner of Indigo.

Mr Franke is deemed to be interested in all of the Ordinary Shares and Convertible Shares [29.8M] held by Indigo Hungary LP, Indigo Maple Hill LP, Indigo Hungary Management LLC and Bigfork Partners LLC for the purposes of section 96B of the Financial Services and Markets Act 2000. Indigo Hungary LP and Indigo Maple Hill LP also hold Convertible Notes that, subject to certain conditions, are convertible to Ordinary Shares of the Company. 


[hatfullofsky] 01/10/2018 17:19

They're already being hit !

[montyhedge] 01/10/2018 17:04

Airlines and transport will be hit if 100 dollars.

[doogle99] 01/10/2018 17:00

Yes Brent crude spiked to $84!

Indigo still own approx 40% equivalent in convertible shares.

From the annual report 2018
"During the period Indigo sold 10,740,633 of its existing holding of Ordinary Shares in the Company and converted 15,000,000 of its holding of Convertible Shares into Ordinary Shares of the Company. At 31 March 2018 Indigo held 15,000,000 Ordinary Shares (equal to 20.6 per cent. of the Company’s issued share capital) and 29,830,503 Convertible Shares of the Company (2017: 10,740,633 Ordinary Shares and 44,830,503 Convertible Shares)"

[hatfullofsky] 01/10/2018 16:56

We have 465 Metric tonnes of unhedged Jet Fuel, every $10 movement in fuel (metric tonne) = $10m in additional fuel costs. FY19 guidance based on $685 / metric tonne

[hatfullofsky] 01/10/2018 16:51

Yes the convertible shares are a concern and more needs to be know, but very little to do with the current and todays decline. That's the POO and RYA profit warning.

Wizz -8%
EZJ -7%
RYA - 13%

[pugugly] 01/10/2018 15:52

doogle - Thanks for heads up - Lots of links found re the convertibles but for those who have not heard of them before - Link below (mainly so I do not have to seach next time !!) One for the very low heat back burner now -