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Share Name Share Symbol Market Type Share ISIN Share Description
Saga Plc LSE:SAGA London Ordinary Share GB00BLT1Y088 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.30p +3.77% 35.80p 35.66p 35.90p 36.42p 34.06p 34.52p 2,681,382 12:31:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 841.5 -162.0 -14.5 - 402.00

Saga Share Discussion Threads

Showing 2551 to 2572 of 2575 messages
Chat Pages: 103  102  101  100  99  98  97  96  95  94  93  92  Older
DateSubjectAuthorDiscuss
26/6/2019
12:38
Absolutely agree that dividends should be stopped until it is clear the company can afford them
sharebuddy1
26/6/2019
12:23
Tricky subject dividends edmond. I'm here for capital growth so would prefer the company to plough its funds back into the business at this stage and then once it is back on a sound footing thanks hopefully to a new highly competent ceo then it can resume dividends.I don't think at this point and at this share price an announcement, probably by a new ceo, that dividends are going to be suspended would materially impact on the share price even if some income funds have to sell.But as Donald Trump is fond of saying wtfdik.
husbod
26/6/2019
11:52
The objection was specifically about not recognising new cruise ships' total (I assume) asset value versus debt assumed to acquire them. If bookings work out well, then fine, but if less so then the debt repayments could compromise dividends.
edmondj
26/6/2019
11:48
Looking Good !
chinese investor
26/6/2019
11:44
...... but if you were a taxi driver and using it to generate revenue?
bigdaddio
26/6/2019
11:37
If I go out and buy a fancy Mercedes on one of the various financing packages that put you immediately behind the car wheel, would that also immediately enhance my asset value by £ new cost - £ current estimated value after driving off the forecourt?
edmondj
26/6/2019
11:17
You have mentioned the additional debt which the purchase of the new ships will add to the balance sheet but forgot to mention the corresponding additional assets.
sharebuddy1
26/6/2019
11:00
In my one experience on a Saga ship the over 70s and I'm not one of them....yet..... have plenty of energy to travel and Saga makes it very easy for them particularly with the transport to and from home. One old geyser in his 90s who had a pint of Spitfire at lunch and the evening was on a back to back cruise up the coast of Norway as it was cheaper than being in a Home and far better food. Probably never got off the boat like some of the others but don't forget today's 70 is yesterday's 50 and the age range on the boat spanned 4 decades.And old gits don't tend to be overweight - that's the prerogative of the spoilt young.
husbod
26/6/2019
10:39
Thats the shipping business for you this is the main reason that very few UK companies are shipowners now they are capital intensive not something that the bean counters are keen on unless its property investments. 2 x £60m deposit payments have already been made for the new ships. current plans are for an 85% load factor with present DIEMS of £275 against a forecast of £235 and costs of £135 per day so I would think the plan is working this is taken from the last presentation by R.Shaw
wskill
26/6/2019
10:22
Nice price action today 🤔
koetser
26/6/2019
10:02
With goodwill constituting 122% of net assets, net tangible assets per share are negative to the tune of 18.8p. Although Saga's updates proclaim £40 million ebitda from each of two new cruise ships coming into service, also a trend of reduction in net debt, they omit to mention what's buried near the end of notes to the annual accounts: £245m and £295m extra debt (in due course) for financing these ships, respectively. Before interest costs this extra debt will require repayment in £45 million installments a year, for the next 12 years. Each ship's projected ebitda is £40m. So take your view as to how value-accretive they will prove, according to bookings, what will be the net upshot for discounted cash flow NAV also prudent extent of dividend payout.
edmondj
26/6/2019
09:48
Can somebody help me. I calculate the intrinsic value of the share at 109p i.e. book value at 86p + terminal value at 23p = 109p. Is this correct please?
sharebuddy1
26/6/2019
09:15
Think this is what the ships are designed for .
wskill
26/6/2019
08:56
Do over 70's have the energy to travel?...too much health and safety issues involved...those ships would need so much modification in all aspects to cater for the very mature..
diku
26/6/2019
07:40
Some right prats pushing this POS You should all be ashamed The MACRO nobody has talked about is the state of the overblown USA Market Hitting historical and hysterical highs the other week as Investors piled in expecting a series of rate cuts to keep the pot boiling. The FED Chairman IF he takes his job seriously must NOT do this as the following crash will be of epic proportions. The crash due to start now will be bad But inflating the bubble in one last hurrah risks a 50% market crash next year as the Global Slowdown bites everyone that didn't see it coming in the jacksy. That's @rse for those less elucidated among you sad sagging SAGA supporters. Yesterday the FED Chairman used the 'slowdown' word and markets dropped Markets are forward thinking by approx 12 months the way they move dyor
buywell2
26/6/2019
06:11
What if they made Saga into an "over 40's"rather than" over 50's" Pick up a bigger market... Slight change of image? Market Saga as for everyone, not just the Over 50's... Re Brand the Company Just a thought..
ignoble
26/6/2019
00:04
Did standard life just buy back lots of saga shares a few days after selling then???
koetser
25/6/2019
22:38
Could the Saga share price be the bargain of the year? G A Chester | Tuesday, 25th June, 2019 | More on: G4M SAGA Question mark made up of pound symbols Image source: Getty Images. The Saga (LSE: SAGA) share price has been hitting new lows this year, as investors have deserted the over-50s financial services and travel group in droves. There’s been a similar exodus at online retailer of musical instruments and music equipment Gear4music (LSE: G4M). Here, I’ll discuss their turnaround prospects and give my view on whether they’re now bargains of the year, or stocks to avoid like the plague. Back to heritage Floated on the stock market at 185p in 2014, Saga has slumped over the last 18 months to little more than 33p (market-cap £370m). It was formally demoted from the mid-cap FTSE 250 index to the FTSE SmallCap index yesterday. The key to Saga’s future success rests on overcoming the challenges it faces from the commoditisation of the markets in which it operates, especially in insurance. Outgoing chief executive Lance Batchelor set out a fundamental change to the group’s strategy earlier this year: “To return the whole business to its heritage as an organisation that offers differentiated products and services.” I think this is the right approach. It is, of course, early days. But there were encouraging signs of progress in the company’s trading update at last week’s AGM, where management also confirmed the company was trading “broadly in line with expectations.” City consensus forecasts put the stock on a price-to-earnings ratio of just 4.4 with a prospective dividend yield of 11.4%. This looks good value to me for a potentially high-reward turnaround proposition. And because the stock is so cheap, I also see potential for a bid from private equity or for activist investors to come in and push for a break-up of the group. I think this may limit further downside for the shares. As such, I’m inclined to rate Saga a ‘buy’ at the current level.
koetser
25/6/2019
16:37
Close @34.50p
sbb1x
25/6/2019
14:18
AI, yes agreed, am looking for a bounce back to around 60p peak in the next month but settling around 43-45p.
hairballradical
25/6/2019
13:56
Of course I do only mean in the short-term (Over the next few months) Further direction will completely depend on future trade updates. Sometimes SPs overshoot on the downside leaving room to bounce back a little and then stabilise. Take Thomas Cook for example. It recently fell to 8p and then bounced to 20p before stabilising midway at the current 14p mark. Sentiment here might just change nearer the launch of the Spirit of Discovery.
american idiot
25/6/2019
13:45
Sadly, I think it is too early to state with any confidence that the price has bottommed out. IMO the short term chart remains southbound. I repeat that I am expecting a few months of consolidation before there is any genuine chance of a slow recovery.
erogenous jones
Chat Pages: 103  102  101  100  99  98  97  96  95  94  93  92  Older
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