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SAGA Saga Plc

119.60
-0.40 (-0.33%)
Last Updated: 14:23:06
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Saga Plc LSE:SAGA London Ordinary Share GB00BMX64W89 ORD 15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40 -0.33% 119.60 119.60 120.40 122.40 118.20 118.20 433,826 14:23:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 581.1M -259.2M -1.8401 -0.65 169.03M
Saga Plc is listed in the Misc Retail Stores sector of the London Stock Exchange with ticker SAGA. The last closing price for Saga was 120p. Over the last year, Saga shares have traded in a share price range of 103.60p to 160.80p.

Saga currently has 140,858,551 shares in issue. The market capitalisation of Saga is £169.03 million. Saga has a price to earnings ratio (PE ratio) of -0.65.

Saga Share Discussion Threads

Showing 26851 to 26873 of 26875 messages
Chat Pages: 1075  1074  1073  1072  1071  1070  1069  1068  1067  1066  1065  1064  Older
DateSubjectAuthorDiscuss
19/3/2024
08:50
Sabre results in insurance brilliant. So why is Saga not doing as well as the Aviva, admiral and sabres of the world. And I don’t believe it is all to do with the 3 year policies
koetser
14/3/2024
14:50
Yep very cheap but yes simply from a charting point of view it does look cheap
koetser
14/3/2024
09:28
Starting to look cheap again.
harry_david
08/3/2024
11:04
AICL should be u for sale again now that the COR for underwriting is now under control:
koetser
13/2/2024
08:19
Yes I agree they should do sale and leaseback. My point was that the assets currently exceed the EV considerably and therefore the share price at the moment is ridiculously low
koetser
13/2/2024
07:31
Koetser, they will sell the ships not the cruise business, which I would expect any partner to provide access to more ships for saga to operate (following the capital light narrative)
hatfullofsky
12/2/2024
22:55
No you don't hope that.

Are you glad that you missed out on another 7% rise today?

fjgooner
10/2/2024
12:00
I sold here. The warning sign for me was the same narrative and tactics used over at PFC. If feels like pure fantasy at the current levels, but don't be surprised if the shorters take this to 20-30p. Sincerely hope I am wrong.
the imperialist
10/2/2024
10:19
Simple sum of parts far exceed EV ( market cap plus debt ) . If they sold their ships they could easily pay of debt and give £1 per share to each shareholder and then we would be left with insurance, underwriting, travel and river cruise business effectively for free!!! I would be very happy with sale and leaseback
koetser
09/2/2024
16:21
saga struggle to make great profits when they keep all the "profit" - if that profit is split between them and another party one would expect profits might halve if they split down ten middle ? and whats to stop the ship ownerr ditching saga and getting some cheap outfit without the overheads to lease em. Not saying they might not sign a good deal but it all kinds sounds like necessary talk with 2026 bondholders in mind rather than plan from position of strength.
rmillaree
09/2/2024
15:00
Still waiting for the market to feel all this positivity that we PI's appear to be feeling.
kulvinder
09/2/2024
14:40
The move to capital light is a very good one. A sail (like what I did there) and lease back would pay off all debts. The ships are very new and any ship leasing company or cruise company would jump at the chance plus if that company can provide more ships for Saga to operate its luxury senior cruises then we have hit the jackpot. If if if I know but I think it's a move in the right direction. It's the Virgin model for Seniors.
hatfullofsky
07/2/2024
10:14
fjgooner
A couple of years ago, when results were FAR worse and transparency going forward was utterly lacking, Saga was trading between 300p and 400p.


my recollection is that for the last couple of years Saga have consistently lowered expectations ref profits not increased them. So whilst the numbers have improved ref travel for obvious reasons (it had to ffin improve - double on not much aint great !) the actual expectations that previously existed for 2024/2025 have not been met/are expected to be worse than was previously flaged up. add to the fact each update says virtually nothing and there you have it.

Note the problem now is that the 2026 bond repayment date is much closer than it was 18 months ago - so they now have less time to sort and they still need support from their top bond ref earlier debt never mind 2026. So in that regard the fact they have made zero reference as to how 2026 bond repayment will be settleed thats poor. Obviously they ahve the new narrative of selling of ships soem have taken as a positive - is the reality here they nee to sell of tehir crown jewels as no one else will settle the 2026 bond they dont have funds for ?

One would have hoped cashflow would have ben great so they would be telling us "we have sufficient liquidity ref 2024 and 2026 bond repayments" without external help - the fact they are not saying that suggests 2026 could be an issue. It might not be though a sthey are keeping cards close to their chest - perhaps that bond could simply rolled over on suitable terms or similar replacement found.

add in zero recovery in insurance when other companies are much more upbeat and ....

rmillaree
07/2/2024
09:13
Here we go. Bedwetters shaken out. Time to break the recent highs.
the imperialist
07/2/2024
08:58
Another dedicated bashing account. Filtered.
the imperialist
07/2/2024
08:53
Another loser who bought SAGA at its highs and cant see the wood from the trees.Pretty sure you made predictions of a 6 quid share price a few years ago.
tomtum1
06/2/2024
23:10
I am assuming that the investment world is now perverse.

A couple of years ago, when results were FAR worse and transparency going forward was utterly lacking, Saga was trading between 300p and 400p. If I recall correctly the CEO bought £200,000 worth of shares at just under £3.90.

Now, with travel almost fully on track and cruise booming, why all this gloom from the markets?

Insurance has been under pressure over the last couple of years, but all the talk in the media over the last couple of days has been about motor policy prices rocketing.

So why the gloom?

See: sharecast.com/news/news-and-announcements/saga-says-annual-profit-set-to-more-than-double--15995692.html

Saga says annual profit set to more than double

Saga said on Tuesday that it expects full-year underlying pre-tax profit to more than double on the previous year as it hailed an "outstanding" year for the cruise and travel businesses.

In an update for the period from 1 August 2023 to 29 January 2024, Saga - which specialises in products and services for the over-50s - said it now expects revenue growth of between 10% and 15%.

Ocean Cruise revenue is expected to grow by around 30% year-on-year, it said, delivered through a load factor of 87% and per diem of £331, both significantly ahead of the 75% and £318 seen a year earlier.

As a result, and in line with previous guidance, the group expects to exceed its target of £40m Ocean Cruise trading EBITDA per ship.

Meanwhile, the river cruise segment is expected to return to underlying profit, supported by a load factor of 85% and a per diem of £285. This equates to revenue of around £44m and 17,000 passengers, up from £29m and 12,000 a year earlier.

Travel revenue growth is expected to be between 40% and 45%, with 58,000 passengers, up more than 20% on the prior year. In line with previous guidance, travel - when combined with the river cruise business for consistency with previous reporting - is on track to return to pre-pandemic underlying pre-tax profit, it said.

Chief executive Mike Hazell said: "For 2023/24, Saga remains on track to deliver significant growth in revenue, in addition to an underlying profit more than double that of the prior year, exceeding our previous guidance.

"Our cruise and travel businesses have had an outstanding year, having taken around 120k passengers on holiday, with customers continuing to be drawn to the strength of the Saga brand and offer. As a result, these businesses will return to profitability, in line with expectations. In insurance, the market-wide inflationary environment and declining policy volumes are continuing to impact our performance.

"The year ahead will see a continuation of these trends across our business. Bookings for the new seasons in cruise and travel are robust, showing good overall progress."

Saga confirmed at the end of last week that it was considering options for its cruse business, including a partnership arrangement.

fjgooner
06/2/2024
07:43
The rns simply quoted stuff that sounded half decent but were already known about - the board here hardly ever give clear concise guidance so no one has a clue what why are saying practicably speaking
. Done took the news ref poss selling ships as good news - I read it that they have to make serious plans ref 2026 bond call now - they are already relying on largesse of main bid that says everything you need to know about risk here.

rmillaree
06/2/2024
07:27
Yes and I thought the RNS was saying things have improved, obviously the market thinks otherwise.
kulvinder
06/2/2024
03:26
Disasterous share price performance in last few weeks right back to square one. Hmmm….
finkie
02/2/2024
18:28
TT, I really hope so, have a good weekend.
kulvinder
02/2/2024
16:20
Another sh*t investment on my part....should have bailed while I had the chance at 160 the other day.
kulvinder
31/1/2024
15:31
Looks like the update was not taken well, with insurance revenue going down year on year. Drifting back again from a high the other day of 160.
kulvinder
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