Saga Share Discussion Threads

[koetser] 12/10/2023 21:37

Interesting di-oh oh-ku is that diku for short

[diohohku] 12/10/2023 13:03

What happened to this £5 share price soon spouted by posters just before covid? You know who you are!

[diku] 12/10/2023 08:31

Decade after decade???...share price trading at 8p old money...resorting to personal attacks come in cheap forms...all sorts...



fjgooner11 Oct '23 - 23:44 - 21703 of 21703
0 1 0
Lol. I see that Diku has still got no life and keeps posting here, decade after decade. I feel for it, I really do.

[fjgooner] 11/10/2023 23:44

Lol. I see that Diku has still got no life and keeps posting here, decade after decade. I feel for it, I really do.

Maybe its local council could sponsor a friend for the ancient sad case for an hour or so a week? Bibs and splatter trays come free in some boroughs, I hear.

This hilarious and not so "cleverinvester" shorter, who may perhaps have got burnt previously when Saga shot from these levels to 450p, has never been able to let it go.

So sad to witness. As may well happen again sometime soon ... watch the trend eh?

[finkie] 06/10/2023 08:57

Underwhelming interims I thought, no one seems to be interested in arm they wanted to sell. Could test 90/100 again.

[hope1815] 04/10/2023 19:42

Maybe see some Purchases from the board coming week.

[diku] 04/10/2023 08:24

This is an MB written all over it...Sir Roger roger...

[scottish007] 03/10/2023 23:34

Bloody typical, free up cash, get back in and down she goes.
Then again, l can still see the lights ;-)

[hope1815] 03/10/2023 22:11

diku you do know Utility Warehouse I assume, they do a lot of dual products.

[diku] 03/10/2023 13:28

Dual sector company not working...it may have worked in the past but not in this era...

[koetser] 03/10/2023 11:06

This is the the reason for the drop yesterday

[koetser] 03/10/2023 10:54

Insurers face ‘dynamic’; BoE stress test in 2025
Ian Smith in London

The Bank of England plans to run a “dynamic”; stress test for the general insurance sector in 2025 to assess its resilience to a marketwide crisis.

The central bank’s Prudential Regulation Authority, which supervises insurers, said it would be a “significant change from previous exercises and will involve simulating a sequential set of adverse events over a short period of time”. It will consult with the industry about the exercise over the next six months, the PRA said.

The test would assess the solvency, liquidity and risk management of general insurers, which offer policies such as home and motor cover.

[bc4] 02/10/2023 09:02

Why do you keep asking all these pointless question?

[diku] 02/10/2023 08:35

What is the return Sir Roger roger getting on that bond?...

[koetser] 01/10/2023 17:05

Diku,

Google is your friend

[diku] 01/10/2023 15:22

Does anybody know which sector is Saga listed within the index...during IPO I remember reading in the media on analysts divided as to which sector it would be alloctaed...Insurance or Leisure...think it got bunged in Service sector...not sure if it has changed since then...

[diku] 01/10/2023 15:16

When something is strongest the mind fixation changes that it will go on for ever...then comes the abrupt down turn...and the mind fixation changes to back to why sell when market is at its weakest...market set up is a churning machine...




Why sell when the market is at its weakest, the usual mantra is the sale at its strongest.

[koetser] 01/10/2023 13:57

Hope,

Yes this is my view as well. The cash generation is impressive and will improve year on year from what I can see

[hope1815] 01/10/2023 11:55

I bought a small investment sum looking through the last 18 months. In general terms, Saga Plc does seem cash-generative now. The forecasts seem to indicate an upward movement in cash over the coming years.

The CEO target of £6 in 2026 does seem off the mark. Looking at the RNS, trading, and debt reduction ongoing. If these continue over the next 30 months £6 may happen.

If they reduce the debt, pay the Bond of 150 million next May 2024, and remain profitable. That would be a start and the share price may reflect this next year. The sale of the insurance arm was improbable. Why sell when the market is at its weakest, the usual mantra is the sale at its strongest.

With Saga Plc's future as Roger is 75 and next in line would be Joshua Paul DE HAAN

[diku] 01/10/2023 09:41

Post 21685...150p to 450p was on the back of V shape recovery after Covid...every man and his monkey share went up...rates were much lower than...high inflation and delays in supply chain issues started to creep in...oil shot up...then came Russia war still to date...me thinks Sir Roger roger plan eventually will be to split up Insurance and Leisure...timing always the hurdle...

[koetser] 30/9/2023 13:42

Yes I think from the article if we are looking at a PE ratio of 3.5 for next year and the strong cash and profit growth plus potential of sale of AICL in 6 months time then yes 300 should easily be achieved in 6 months and 220 very soon. But market is strange at the moment

[kulvinder] 30/9/2023 09:52

Nice, lets see if we start to see a bounce back to 150-175 area in the coming weeks, for god's sake it went to 450 from around 115 within a year last time, surely with an improved outlook it can get to 300 within 12 months?

[koetser] 30/9/2023 09:32

I prefer this article:

hxxps://www.thetimes.co.uk/article/long-tale-of-travel-agent-and-insurer-vmp2kz5s5

[koetser] 28/9/2023 21:16

Yep did you watch the presentation. Cruise and travel growing very fast indeed. Also minis have pencilled in a pre ratio of 3.5 for 24/25.
They are producing lots of cash and increasing profits quickly