Saga Share Discussion Threads

[sharebuddy1] 30/7/2019 16:04

In my humble opinion there will come a time when market manipulators will get their come uppance. The capitalisation is around 60% of the anticipated revenue, and profit, even at the lowest end of expectations, is more than 20% of capitalisation. With a P/E ratio of under 4 how can this share trade at such a low level. Even if you allow for the significant debt caused by the purchase of the cruiseships, this is matched by the increase in asset value on the balance sheet.
This ridiculous situation can only go on for so long.

[nav_mike] 30/7/2019 15:46

This is getting absolutely mullered by persistent algo selling (repeated trades of around 1200 shares)

I wonder how our resident activist investor will be viewing all of this and what they plan to do with their stake?

[buywell3] 30/7/2019 15:09

This share is IMO not going to make much money for our foreign speculators

However they are back again today

Not me

buywell does NOT like this chart




The bottom is NOT in

The share is in free fall carrying loads of Debt

How an experienced Institutional buyer can buy this V such a chart beats me

[diku] 30/7/2019 15:06

EJ...no need to be toxic or personal attacks...talk of Saga...respect...

[koetser] 30/7/2019 15:02

blatant market maker manipulation!!!

[diku] 30/7/2019 14:48

It sure is a windy today...

[koetser] 30/7/2019 14:46

tree shake confirmed!!!!

[koetser] 30/7/2019 13:40

tree shake?????

[ignoble] 30/7/2019 13:00

Oh yes ...

[diku] 30/7/2019 12:14

If you did then comes the divorce...that would be costly...

[ignoble] 30/7/2019 12:11

I do fall in love with a Company
But I never marry it.!

Lol

[stewart64] 30/7/2019 10:25

I too think there is a danger of cruises becoming so yesterday. The skirmish over the guy in the clown suit at the weekend just another really bad advert ( apparently no clown involved but the story is out now), just as Hi de hi did for Pontins.
Personally I love country lanes and open space not a floating prison.

[cautious7] 29/7/2019 23:32

Hi

The hoilday/cruise business has over capacity and this is growing by the week as new ships or should I say small cities come on line.

I'm not sure about this in recetn years but several years ago a few people that worked at my place turned their nose up re Saga when they tunred 50 as it made them feel old.

Looking at the share graphs, I can see the share price go lower to about 40p and may hold steady there unless there is more bad or good news.

As always, DYOR

Regards

C7

[ignoble] 29/7/2019 21:34

After reading of the mass brawl on one of their competitors ships... Us older folk might like the tranquility of Saga

[taximania] 29/7/2019 16:56

End of september ?

[koetser] 29/7/2019 16:11

when is the next saga trading statement?

[diku] 29/7/2019 15:59

The rise momentum kaput...