Saga Share Discussion Threads

[koetser] 08/8/2023 14:00

Technical chart at the moment. Sellers have been cleared. Also buyers coming in as good news expected soon I guess

[maxplus2] 08/8/2023 13:51

Why would it go up?

[koetser] 08/8/2023 13:47

And there is the breakout I promised.

[koetser] 08/8/2023 13:35

I think someone is listening:-)

[koetser] 08/8/2023 13:31

Kulbinder
Totally agree. See this going to around £5 as even at that price it is cheap historically. But remember when it was 50p (£7.50 in current terms) it had not done a huge discounted share issue at 12p (£1.80 in current terms) so I reckon £5 is fair once the dust settles

[kulvinder] 08/8/2023 08:51

When the market finally wakes up this will be 250 in a flash, remember this is only 8.8p in old money currently (132/15)....250 only equates to 16.67p, this share was 50p for ages before the share consolidation. 50p equals 750, now there is a target to aim for....stranger things have happens. PDYOR. GLA.

[bc4] 08/8/2023 07:38

Well car premiums are rising everywhere so that should help

[koetser] 07/8/2023 21:55

Yes absolutely jetstar. I think it should go up from now:
Travel, cruises, medical insurance, equity release are all booming now. Just need some positive news on car and home insurance turning the corner and we should be good.
The only short term catalyst for a significant jump would be selling AICL for a pretty penny

[jetstar23] 07/8/2023 21:41

Yes perhaps so. Anything to give this share a lift out of the doldrums would be nice though!

[koetser] 07/8/2023 20:53

Jetstar they are probably not talking about car and home insurance. Probably more the life insurance etc.

[jetstar23] 07/8/2023 20:38

Hargreaves Landsdown today tipping insurers as good stocks to invest in when interest rates are high."Rising interest rates are generally a positive thing for insurers, especially those focused on long-term policies like life and retirement providers. Insurers collect premiums and invest in relatively safe investments like bonds. Higher rates mean the new bonds they buy come with higher yields, boosting profitability."

[koetser] 07/8/2023 16:47

Interesting definitely someone buying 50k share chunks at end of day. Definitely breakout soon

[koetser] 03/8/2023 15:54

Perfect trading pattern for break upwards

[koetser] 02/8/2023 23:13

Chart is looking good at least

[bc4] 01/8/2023 08:56

As it thanks for that!

[diku] 01/8/2023 08:18

W/end come and gone...

[diku] 28/7/2023 14:19

Asset disposal?...

[koetser] 28/7/2023 14:11

Announcement this weekend ;-)

[scottish007] 27/7/2023 13:55

Cheers Koets.

[koetser] 26/7/2023 21:56

Read the following:

hxxps://www.kentonline.co.uk/ashford/news/amp/saga-confirms-new-hub-locations-284056/

Basically most of them work from home. So no need for such a big office. So converting the old office to 60 flats

[scottish007] 26/7/2023 21:52

Anyone know why there’s a change of registered office?
Something about to be sold maybe?
I’ve no idea.

[jetstar23] 26/7/2023 16:38

Decent volume on the buy side in the closing auction.

[koetser] 26/7/2023 16:29

It would to me as Roger owns almost 30%

[0rient] 26/7/2023 16:05

Takeover wouldn't surprise me down here..only so long can it be undervalued before something happens!!