Saga Share Discussion Threads

[koetser] 03/12/2024 17:01

But also this share is still dirt cheap

[koetser] 03/12/2024 16:59

Something is afoot but not sure what tbh. As usual PIs last to know

[ttny2004] 02/12/2024 21:09

Guess there is pressure to get the Ageas deal done.Aviva just made their 3rd improved bid for Direct Line. Courtesy of Alnwick on LSEQUOTEAviva bid a combination of Cash and Aviva shares that values Direct Line at 3.3 Billion pounds.Direct Line have 9.4 Million Policies of which 4.2 Million are Motor.SAGA have 1.5 Million Policies of which 700,000 are Motor.In very simple terms Direct Line is worth 6 times the SAGA Insurance business.Therefore based on the above SAGA Insurance is worth 550 Million pounds.That would wipe out 87% of SAGA's Debt !!!!I would think that Aegis will be monitoring this bid closely.UNQUOTE

[ayl30] 02/12/2024 19:58

Cruise operators upgraded

[omron] 02/12/2024 17:58

Anyone know why the share price jumped towards the end of the day? Has the Ageas deal gone through?

[koetser] 29/11/2024 12:24

Gripfit. I thought so too. Need Ageas deal to be done

[bigbigdave] 29/11/2024 08:20

Chart looks to be bottoming, no position......yet.

[gripfit] 28/11/2024 21:10

I would have thought direct line might have benefitted us today

[koetser] 23/11/2024 22:51

Gripfit,

Do you mean sale and leaseback

[gripfit] 23/11/2024 20:41

Let them just sort the ships out … then it’s all good

[koetser] 22/11/2024 15:58

Looks like it has bottomed out after the pummelling all insurers got from Labour launching an investigation into insurers

[ayl30] 22/11/2024 09:24

Nibbled a few more this am

[rmillaree] 13/11/2024 14:26

Well on the basis any proceeds received will mostly be eaten up in sorting out the working capital situatiuon caused by the sale it seems reasonably clear there was never any tangible good news in the fisrt place. ok reducing creditors is nice - but saga need real cash to hand over to bond holders and Sir Roger

[kulvinder] 13/11/2024 13:56

Seems to be dead here, I think it now below the price when they announced a deal may be done in regards the insurance business?

[gripfit] 30/10/2024 17:49

When is it due for completion ?? Is there a chance the deal could improve?

[outsizeclothes.com] 30/10/2024 16:41

I don't think the change on OAP taxation, and pensions in general, is as bad as feared. There will still be plenty who can afford their favourite type of holiday, ably looked after by their favourite cruise company.
Sign off on the insurance deal and we should regain upward momentum

[kulvinder] 29/10/2024 20:17

Yes wait and see where we go after the budget and us elections...

[koetser] 29/10/2024 18:16

Who knows. Just tuck these away and wait I guess ….

[money mad] 29/10/2024 16:59

Part of it likely fear / MMs fishing due to nerves around budget being portrayed in the media

[kulvinder] 29/10/2024 16:32

The market seems to view it that way for some reason. Wish I had not come back to play here....down a packet.

[gripfit] 29/10/2024 10:10

So is the Aegis deal no value to Saga?

[koetser] 26/10/2024 11:12

Looks like recent fall is from car finance deals

[koetser] 25/10/2024 18:50

hxxps://www.boerse-frankfurt.de/bond/xs2357117881-saga-plc-5-5-21-26

[koetser] 25/10/2024 18:46

Kulvinder

I agree with you. But who knew that a deal with Ageas to save the insurance side would be seen as no value. However if you look at bond values the market has confidence that it will be paid…