Saga Share Discussion Threads

[bigjock36] 20/6/2023 07:49

Very poor update

[strollingmolby] 19/6/2023 15:05

Seems SAGA is following in the footsteps of Carnival (CCL) that has enjoyed a spectacular rebound recently. Long may this continue...

[greyingsurfer] 18/6/2023 08:48

It's a spam message!

[sidam] 18/6/2023 08:10

Any Chartists out there’s? Is this the start of a rounded bottom? If so the upside could be enormous! I hope so. Despite a lot of negatives from debt, form people who do not appear to understand the background or are deliberately trying to muddy the waters, I consider the fundamentals very good and justify a much higher share price.

[finkie] 17/6/2023 20:13

Nice tick up yesterday to 124 midway through the day took saga from 114 the previous Friday and the opportunity to lock in 7.5% in a week. Traded this 4 times now since April, may take a small position Monday for Tuesdays update. Gla

[extrader] 13/6/2023 19:27

The only vague mitigant is that the awards don't vest for 3 years, and have to be held for 2 years thereafter before exercise, as I read it.


.."The normal vesting date of the RSP Awards will be 12 June 2026, being the third anniversary of the award date. Once vested, the RSP Awards will normally be exercisable until the day before the tenth anniversary of the award date. The RSP Awards are subject to a two-year holding period commencing on vesting."

Magic Finance : they probably wouldn't be exerciseable in a 'malus' situation, are you sure that they don't trigger early in event of a takeover?

AIUI.

If so, more like a 'golden parachute' on exit. With possible perverse incentivisation.

[keyhole] 13/6/2023 17:03

Glavey
30 May '23 - 15:18 - 21523 of 21531
Oh look, bonus shares.

I am confused about this. Are these called the Corporate Sponsored Nominal Shares?
Are they instead of a dividend? Why? How can they be monetised?

I must have been asleep for the past 2 years.....

[the oak tree] 12/6/2023 19:50

Many people go through life with huge debt ie their mortgage.

It doesnt so much bother them because the have a property behind that debt. SAGA have vessels instead of a property is the simplist way to explain it.

Cruise ships last along time, are insured , and can be sold.

[theaccountant2] 12/6/2023 18:59

The loans far outweigh the market cap, that's enough for me!

[finkie] 12/6/2023 08:48

Rubbish theaccountant2 loans on cruise ships.

[stuart37] 12/6/2023 07:14

theaccountant2
at least their debt is related to tangible assets that have a value and would likely pay off the debt if sold, where as with software etc...................

[theaccountant2] 10/6/2023 19:16

Very highly leveraged, either a massive placement needed or taken private

[abertawe1974] 08/6/2023 12:31

Short this

[ianian4] 30/5/2023 15:53

They are magic shares, they fall from heaven into the trough. They are free, taking them is a victimless crime, or does someone have to pay for them?

[glavey] 30/5/2023 15:18

Oh look, bonus shares.

[finkie] 30/5/2023 11:54

Nice 5% rise today on no news really shows how cheap the stock is probably

[the imperialist] 22/5/2023 08:28

"tomtum1 17 May '23 - 18:42 - 21515 of 21519

A lot of debt with interest rates rising!"

Please don't compare the SAGA debt with the mortgage on your bedsit Tom.