Daily Stock Market Report (Fri 3 Jan 2025) - WIZZ, RYA
Good morning! Let's see what the newswire has for us today.
7.15am: my initial impression is that today's feed does not contain any items that I would ordinarily consider to be worth covering. I will add the briefest of comments on WIZZ, RYA and VLX.
9.10am: today's report is now finished. I guess this will be the last weekend before the RNS gets busy again!
12 Stocks of Christmas: this series continues today with Mark Simpson looking at Serabi Mining (SRB). This stock also featured in Ed's QVM Portfolio.
Wizz Air Holdings (LON:WIZZ) (£1.46bn) - December 2024 Traffic Statistics
This Hungarian airline saw December bookings increase slightly year-on-year, despite a reduction in capacity. Its load factor therefore increased from 82.1% to 86.5%. Early indications for the company's Q4 period (Jan to March) are "positive, with bookings currently running ahead by over 2ppts [percentage points] vs this time last year".
Graham's view: the cheap earnings multiple at which this stock trades (PER 5.6x) is explained by the net debt figure of nearly €4.8 billion (as of the Sep 2024 interims).
Ryanair Holdings (NSQ:RYAAY) (£17.1bn) - Ryanair December Traffic
Ryanair doesn't have a London listing these days, but let's check in...
7.15am: my initial impression is that today's feed does not contain any items that I would ordinarily consider to be worth covering. I will add the briefest of comments on WIZZ, RYA and VLX.
9.10am: today's report is now finished. I guess this will be the last weekend before the RNS gets busy again!
12 Stocks of Christmas: this series continues today with Mark Simpson looking at Serabi Mining (SRB). This stock also featured in Ed's QVM Portfolio.
Wizz Air Holdings (LON:WIZZ) (£1.46bn) - December 2024 Traffic Statistics
This Hungarian airline saw December bookings increase slightly year-on-year, despite a reduction in capacity. Its load factor therefore increased from 82.1% to 86.5%. Early indications for the company's Q4 period (Jan to March) are "positive, with bookings currently running ahead by over 2ppts [percentage points] vs this time last year".
Graham's view: the cheap earnings multiple at which this stock trades (PER 5.6x) is explained by the net debt figure of nearly €4.8 billion (as of the Sep 2024 interims).
Ryanair Holdings (NSQ:RYAAY) (£17.1bn) - Ryanair December Traffic
Ryanair doesn't have a London listing these days, but let's check in...