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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Wizz Air - Heir to Easyjet in CEE markets growing like topsy

December 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • WIZZ
  • Price:
  • 2649p
Ever since it floated in February 2015 Wizz Air, the number one low cost airline operating in Central and Eastern European (CEE) countries, has taken the market by storm. Rather like its much larger rival Easyjet, Wizz has mined a rich seam in selling cheap tickets with few frills in packed out aircraft and turnover and net profit have risen from Eu1bn and Eu87m, respectively, in the year ended March ‘14 to Eu1.9bn and Eu275m in FY’18. That’s growth of 90% and 216% respectively! Little wonder the shares soared from a placing price of 1150p in March ’15 to peak at over 3800p earlier this year but a combination of market collywobbles and rising jet fuel prices have pulled them back sharply to 2649p. We think that&rs ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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