Saga Share Discussion Threads

[diohohku] 06/4/2023 13:50

Yes indeed Clever, where is that £6.00 disco? (398) You're going down peas!!!

[blueball] 06/4/2023 12:15

hxxps://www.ii.co.uk/analysis-commentary/stockwatch-odds-tilt-favour-cheap-small-cap-share-ii527519

[scottish007] 05/4/2023 16:50

Great input disco.
Surprised you managed to take time away from compiling your detailed analysis to type it - jeez!

[jubberjim] 05/4/2023 10:58

I am not suggesting for one moment that the market is running scared and doesn t know what to do but I can take no further inference than the facts being

No one is looking to venture outside their cabins to take a view

All that is happening to my untrained eye is the punters wait for a bid or offer to be shown and they look to go inside it

So no point putting anything out there unless extremely confident and that update yesterday coupled with the debacle that the tui consolidation and R I has engendered tells its own tale

No sense no clue no direction

Will continue to stay on sidelines until divis from investments come into my accounts

Think a lot of people are in the same boat

[the oak tree] 04/4/2023 23:31

Am amazed that article in Fool didnt once mention why they had the debt.

Its because they bought 2 cruise ships and some river boats with it. These insured assets last a long time and will make money during their life (assuming we dont have lockdowns). Each boat this year we are in will make 40m profit before interest and dep. Compare that to the market cap.

Ships like this dont lose much value either and last along time, so could be sold if need be and debt paid off.

Its true there is no point having these very expensive ships with borrowed money if they dont have paying passengers, but clearly thats happening and is very likley only going to get better , assuming we dont have WW3.

[cleverinvester] 04/4/2023 19:44

Net debt at period end amounted to 712 million and market cap 161 million.
Has anyone seen them clowns like FJCLOWN and Discodave who said this would be £6 a share in 2021?

[tomtum1] 04/4/2023 19:01

Back to 50-60p

[scottish007] 04/4/2023 15:03

Excellent buying opportunity for me.
Sell the underwriting side and watch the change.

[jubberjim] 04/4/2023 09:54

Not interested at any price at moment

Very thin market will look again when this regains equilibrium

Spread widens at drop of a hat

Good luck holders

[edmondj] 04/4/2023 08:15

My initial essential reaction was concern at what will be the ongoing interest rate burden on the material debt, versus a generally challenged/competitive insurance side and travel only closing in to profit.

Lost track as to where they are on managing the cruise ships' debt.

It didn't scream for attention but who knows...

[kulvinder] 03/4/2023 16:44

"Can't wait to cash in"

[kulvinder] 03/4/2023 16:43

Hope you right, can't to cash in if it gets to 325...

[the imperialist] 03/4/2023 15:45

325p target. Rerating starts tomorrow.

[scottish007] 26/3/2023 15:11

Look at the buy/sell recommendations then compare with share price in the days following?
They ain’t exactly good at this, are they?

[discofreddy] 26/3/2023 11:19

Stay short herehttps://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=SAGA.L

[finkie] 20/3/2023 10:36

tangible debt too against 200,000 ton cruise ship not some intellectual nothing

[the oak tree] 18/3/2023 00:48

IMHO - only sell if you think the company has changed. Only buy if you think the company hasn't changed.

Whats happening now is just noise. Something that has started with a US bank and affected a swiss bank.

Yes it has debt but thats covered by fixed insuranced assets that are generating revenue and profit. How much we dont yet know , but given Covid has suppressed holidays for a couple of years one could expect a rebound here IMHO.