Saga Share Discussion Threads

[advfn news] 14/7/2025 09:10:00

Read the latest news on SAGA here: Saga Teams Up with NatWest Boxed to Launch Savings Products for Over-50s

[koetser] 14/7/2025 08:32:10

Good to see progress but will get more excited when they add in products that they don’t currently have.
Have noticed steady news flow regarding saga which is great …. Waiting for main insurance deal to close

[bigbigdave] 14/7/2025 07:15:50

14 July 2025

Saga plc

Saga Money launches seven-year partnership with NatWest Boxed to deliver innovative savings products for people over 50

Further to the AGM trading update on 24 June 2025, Saga plc (Saga) has today announced it has entered into a seven-year partnership with NatWest Boxed, NatWest Group's (NatWest) banking-as-a-service business. This will see the launch of an innovative suite of savings products that recognises, and caters for, the distinct needs and preferences of people over 50.

This long-term strategic partnership combines NatWest's scale and Boxed's platform, operational and compliance expertise with Saga's extensive insight and experience in the market for people over 50. It will enable Saga to expand its range of financial services, initially through an improved instant access savings product, with additional savings and other financial services products expected in due course.

This collaboration will enable Saga to offer easy-to-use products and services, drive increased volume and improved commercial terms, and deliver accessible and reliable customer service.

The new partnership will facilitate an extension of Saga Money's offer, building on Saga's belief that people over 50 across the UK deserve a suite of products that are designed to cater for their needs.

The new instant access savings product, developed through the NatWest partnership, will replace Saga's current Goldman Sachs instant access savings product for new customers and will be launched later this year. There will be no change for existing customers who already hold a Saga instant access savings product, with the Goldman Sachs contract continuing to the September 2028 expiry date.



Jerry Toher, CEO of Saga Money, said:

"As the UK's specialist in providing products for people over 50, this launch is an exciting next step in enhancing our Money offer. This will further strengthen our position in providing competitive and flexible savings products, ensuring that Saga remains the most-trusted brand for people over 50 in the UK. I look forward to working with NatWest Boxed as we continue our strategy of delivering great value products to support customers with their savings goals."



Andrew Ellis, CEO of NatWest Boxed, said:

"Trusted brands are well positioned to reward customers for their loyalty, while keeping their best interests at heart. This partnership is a testament to how leading firms, like Saga, can deploy new technology like embedded finance to offer specialised products and services at the point of need, provide additional value to customers and drive sustainable behaviours. We're proud to partner with a brand like Saga, as they grow and optimise their offer, and it is a significant step in our journey to be the leading embedded finance partner in the UK."

[koetser] 13/7/2025 17:22:56

Agreed I think with the economy splutttering there may be more interest rate cuts than previous thought.
Also we a generating and paying off debt at a faster rate than previously thought

[outsizeclothes.com] 13/7/2025 12:30:58

Falling interest rates, even if now arriving slower than earlier forecasts, are bound to feed through into what the Company has to pay on the debt. We've got tail-wind.

[kulvinder] 08/7/2025 13:42:05

BBDAVE, Hope the 300 comes sooner than later....

[bigbigdave] 08/7/2025 12:43:53

Well we've broken past the January 2023 high.
300 next target imo.

[koetser] 08/7/2025 12:33:22

Nice Scottish:-)

[scottish007] 08/7/2025 12:15:53

Spent years topping up on the way down here and finally approaching my £1.99 average.
Glad l’ve hung around, brighter days ahead for Saga.

[koetser] 08/7/2025 11:37:40

I think we are going to get another step up soon

[ppywgda1] 07/7/2025 09:09:36

Ok, thanks for that :)

[koetser] 06/7/2025 22:59:32

If you have a large holding then it gives estimates ( albeit on very cautious side ) for every year up until 2030.
It has give me great confidence that the share price is going well beyond 280p and sooner than I thought before

[ppywgda1] 06/7/2025 22:26:47

Hi koetser, any particular reason it needs reading? I don't think it would be possible for me to be more bullish about Saga, is there anything specific you noted? Also, it looks like I would need to declare myself as a professional investor to sign up to research tree?

[koetser] 06/7/2025 10:14:24

Just read the singer capital report from research tree I suggest others with large positions here do the same.

[koetser] 04/7/2025 10:24:53

I have read the entire singer capital markets report into Saga which values it at 280p.
It has already become outdated with the fact that AICL generated an extra 17M. It is also a very prudent report in terms of predicting growth in cruise and travel…
This will in turn mean that a few days after the interim results Deutsche the house broker will have to raise their price target too.
Add to that the fact Eldose is buying up stock and probably going to continue to do so.
These factors should almost certainly mean that the share price will increase…

[kulvinder] 04/7/2025 10:02:30

Koetser, sure hope so, I for one will feel much more confident to hold for further gains if it hits 280 in the near term.

[koetser] 04/7/2025 08:22:28

I am again hoping it won’t be to deep. Don’t think it will because business is firing in all cylinders and continually reporting better than expected results. Strongly suspect that the results on the 24th September should show better than expected results for the year and we should be around the 280p mark by then

[kulvinder] 03/7/2025 22:59:07

I am in deep in this, based on the expectation we will finally see this recover after so many years in the doldrums Just hope there is not too much of a pull back on the current price of 184. I will feel better if or when it gets to the suggested price of 285.

[ianian4] 03/7/2025 20:31:13

Still got 1 per cent shorted, hope they get really burned

[koetser] 03/7/2025 15:26:58

And down again

[koetser] 03/7/2025 15:11:07

Looks like share supply is tight. Just topped up with 5000 shares which I had to add gradually send the share price upwards

[koetser] 03/7/2025 14:20:36

When they say upside risk.
The figures they have estimated are already out of date as we got the extra £17m ….
Also they seem to be very prudent with the estimates

[fjgooner] 03/7/2025 11:27:05

This was the initiation note, published a few days earlier.

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Tide is Turning: Saga’s Journey from Legacy to Growth

We initiate coverage of Saga with a Buy and a 12-month target price of 285p, implying ~80% upside. Under CEO Mike Hazell, the group has undergone a strategic reset, with >80% of profit now driven by the faster-growing Travel division - led by high-margin Ocean and River Cruises and a recovering Holidays business. The Insurance segment is being streamlined and de-risked, removing historical earnings volatility. On a LFL basis (excluding discontinued) we project PBT to grow from £37m to £100m by FY30, and FCF improvement to materially reduce leverage. Overall, we believe Saga is an overlooked contrarian opportunity in the small-cap space, offering top-down and bottom-up growth appeal with significant re-rating potential.

[fjgooner] 03/7/2025 11:21:48

Note from Singer Capital, published on Research Tree.

Repositioned for growth: AGM update confirms strong H1

Saga’s AGM update reinforces management’s growing confidence in delivering its five-year strategic transformation plan and grow PBT to >£100m. The update underscores a dual focus: executing long-term structural change while maintaining strong trading momentum across all divisions a combination that supports both immediate performance and future value creation. This is clearly evident in Travel, which is trading ahead of our revenue growth assumptions, supported by robust demand and effective execution. Insurance transformation milestones remain firmly on track, and the new NatWest partnership in Money adds further momentum to the group’s broader partnership strategy. Net debt is trending lower, and this should be well received. We make no change to forecasts at this stage but see upside risk. The shares are up 15% since we recently initiated but remain great value on 9x YR1 P/E, falling to 6x. We reiterate our high conviction Buy and 285p SOTP based PT. We encourage investors seeking a deep value contrarian/turnaround equity story to look at Saga see our Saga initiation note.

[bigbigdave] 03/7/2025 06:08:21

Investment research firms like Research Tree have initiated coverage of Saga with a "Buy" rating and a 285p target.