Saga Share Discussion Threads

[outsizeclothes.com] 21/12/2023 11:05

Roadside recovery is definitely getting competitive. After asking "is that your best price?" I got this year's AA at 40% less than last year.

[koetser] 20/12/2023 23:12

Reason for riseToday 16:12
The fall in prices of used cars and maintenance in the latest inflation figures (note an absolute fall not a fall in the rate of inflation) is extremely good for car insuance side of the business. As well as bolstering the value of AICL...

see below:



Second-hand car prices fell by 2.1% between October and November 2023, compared with a fall of 0.2% between the same two months a year ago. On an annual basis, prices fell by 5.4% in the year to November, compared with a fall of 3.6% in the year to October.

The small downward effect from maintenance and repairs resulted from prices falling by 0.8% on the month this year compared with a rise of 1.1% in 2022. The effect came from prices of roadside recovery services falling this year but rising a year ago.

[alancapone] 20/12/2023 22:36

Insurance sale. 300p initial target.

[hope1815] 20/12/2023 22:15

British Bulls seem to have a good run of their predictions. With prevailing news on inflation, insurance outlook, and a new investor. These probably were the factors for the increase in the share price. It is nice to look at different sites to gauge how the share price may perform. They only go so far in predicting share price with candle stick movements.

[ttny2004] 20/12/2023 18:08

Koetser - thanks for sharing your thoughts. Interesting to read.

[koetser] 20/12/2023 15:57

Latest inflation report. Huge drop to 3.9% but not only that. The drop partly caused by large drop in used cars, price of repairs and maintenance. If the price of these have gone down that will make the margins on the insurance huge. This makes AICL worth so much more …

[ttny2004] 20/12/2023 15:26

Somethings going on 8% rise today! Saw this af 120p as a great recovery play but surprised to see this start now without a trigger trading update or event

[hope1815] 16/12/2023 15:29

British Bull weekly update 15/12/23

A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. Today’s candlestick has a white body and its close is above the stop loss level. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd.

[thomasearnshaw] 15/12/2023 11:48

£6 writ on this one

[koetser] 08/12/2023 21:25

Not hard to predict. This should raise the so steadily as he seems to be soaking up the available shares.

[hope1815] 08/12/2023 15:45

Well, Koestar Eldose Babu has crossed the 5% mark that is a statement. The next target for him would be 10% controlling interest then we shall see if a Buy out comes.

[koetser] 05/12/2023 22:36

Has our UAE friend bought another 1%?
Expect to see another rns soon me thinks

[koetser] 01/12/2023 22:53

hi hope is that for saga or market overall

[hope1815] 01/12/2023 22:11

Thx Koester no need he controls 26% but on some news

British Bulls Projection

The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a possible bull run.

[koetser] 01/12/2023 21:41

I can put the links in again if you wish

[koetser] 01/12/2023 21:40

Hi Hope,

De haan will block any bid. That is why he came in. Agree this is ultra cheap. The claims inflation story is now in the past- read the citybank comment I put in a while ago. Also used car prices are falling like a brick. That means bigger margin’s especially for the underwriters… just in time to sell for a nice profit

[hope1815] 01/12/2023 21:09

Jubberjim you missed a few things from the Article

1-His departure and the state of Saga’s finances have prompted questions about the company’s future: Can new management get the company back on course? Or will it fall into the hands of a rival or back to private equity?

2-The collapse in Saga’s valuation may prompt speculation that it could be the target of a possible takeover bid as foreign buyers swoop on unloved British assets.

Yet the sky-high debts make this unlikely: any buyer would also be on the hook to repay all that borrowing.

This bit is not tackled as a similar Article in the Telegraph/Times/ etc shows Saga Plc as a target by EY-Parthenon. In the meantime, the UAE has taken an interest also. It is its Revenue without Debt is very appealing in the medium to long term.

Refer to on EY-Parthenon. 23/10/2023 20:58 Hope 1815

If you look at the wider picture Saga Plc with no debt a growing market within the UK, a change in insurance to a broker model, Cruise holidays, and a Specialized target of rich clients in the USA side with that special touch.

The group's Asset Value is more than the debt, its market share is like a moat, and it has just been drifting with no clear agenda to move forward.

It is not if a bid comes in, it is when. Just hope De Haan can see how the company can move forward.

[jubberjim] 01/12/2023 09:57

Try keywords
Saga mountain of debt

As not au fait with the intricacies Vis a vis http and the like

[the oak tree] 01/12/2023 08:43

It would appear the market agrees with Scottish007 and Koestar that the CEO leaving is ok news, certainly no hit so far. Only thing is the new guy , albeit promoted within, may do what many do and load up costs into the current period , so they can show they have done well in the next FY. Who knows though. Still think the demand and margins must be good given what other companies have experienced in the holiday business. IMHO - a definite hold.

[kulvinder] 01/12/2023 07:24

Is anyone able to post the telegraph article in full as I am not a paid up member. Thanks in advance.

[jubberjim] 01/12/2023 05:58

Just read article in Daily Telegraph (online) but not behind firewall .

New month coming to year end might be behind the slip yesterday late afternoon no matter will have some impact I would think

This shareholder undecided

Good luck

[koetser] 01/12/2023 00:21

I see Euan leaving as good news. Not sure why market expecting bad news as used car prices are plummeting.
There was a £4.2 million hit from the cruise hitting a storm.
They need to sell the underwriting business. Should be worth more now