Saga Share Discussion Threads

[cautious7] 01/8/2019 08:40

About the recent director buys, not massive yet not to be sniffed at. I slept over these last night and re-drawn my red-lines when/if to top up. IMO these directors recently bought, topped up on the back of their belief that they do not have what it takes to help the poor Sag share holders and therefore Elliot would buy-out, force split, therefore, enhancing the share price.

DYOR

Regards

C7 - hoping to make a quick profit within days or a bigger profit within a few weeks by topping up/etc and then Elliot makes their move.

[ignoble] 01/8/2019 06:48

Customer Centric...
Wonder what that means?

[diku] 31/7/2019 23:25

Anybody seen the share price of Connect Group Plc?...also on the floor...how is the new ship Cruise going on?...it would be nice if any of the passengers on board can send some pictures or feed back...




Appointment of Chief People Officer

Saga plc, the UK's specialist in products and services for life after 50, is pleased to announce the appointment of Jane Storm as Chief People Officer with effect from 1 October 2019.

Jane has c. 25 years' experience in Human Resources and is currently Chief People Officer at Connect Group plc, the UK specialist distributor operating in newspaper and magazine wholesaling. Her experience includes advising businesses on becoming more customer centric and digital in their operational focus and outlook.

She spent 19 years at Tesco, joining in 1998 and working in a number of roles rising to Group HR Director - Capability. She oversaw a turnaround capability strategy, which led to material increases in LFL sales, colleague engagement and customer trust. She has also worked for Prudential and JP Morgan. Jane is a member of the Chartered Institute of Personnel & Development.

Lance Batchelor, Chief Executive Officer said:

"We are delighted that Jane will be joining Saga. Her extensive human resources experience will be invaluable at this pivotal moment in our business, as we focus on becoming an increasingly customer centric organisation and with the recent launch of our three-year fixed price insurance offering and our fantastic new cruise ship, the Spirit of Discovery, which has just carried her first passengers."

[justiceforthemany] 31/7/2019 13:10

Wonder what work Elliott has done so far behind the scenes?

[sharebuddy1] 31/7/2019 11:06

Well timed if the share price goes to £1

[optomistic] 31/7/2019 09:39

...and not that well timed as his biggest buy was @ 49.4p

[diku] 31/7/2019 09:33

That director buy is not that substantial...once upon a time director buys meant something...

[sharebuddy1] 31/7/2019 08:30

Good substantial director buys today. Think this would be unlikely if there was a poor trading update around the corner. They must have news on how the new strategy is faring and looks like all positive.

[buywell3] 31/7/2019 07:36

Yeah they do that quite a lot
IMO it is to try to stop a share from bombing further


buywell does not like this chart or the fundamentals

but dyor

[gripfit] 31/7/2019 07:20

Director purchase

[koetser] 31/7/2019 07:17

C7

Thanks and I respect your position
I have a gut feeling that something is a foot with saga
It could rocket for the following reasons
Activist Elliot force something to happen
New CEO
Takeover

It can fall for following reasons

Bad trading update
Cash call

DYOR

[cautious7] 30/7/2019 22:45

Thanks Koester.
TBH as always, I don't do charts/etc but my own charts, watch, read news re share price interested in and digest what is going on around me re the company, world and then decide how much to gamble and if a quick kill or be stuck with the share price and top-up strategy with red lines clearly defined with a few percentage +/- allowance.

I'm the first to admit that once in in a certain co/sp, I too can be guilty of blinkered views.

UBS brokers remain 'neutral' today, just one of the several tools I use to make a decison but my gut instinct is the best tool IMMHO.

FYI and those that follow me, I've been out of the direct shares markets for at least 3.5 years and possibly close to 4 years.

Yes, I'm brutally honest in my posts as IRL, fact

Thanks you.

ATB DYOR

Regards

C7 - Respected Blogger, Fact!

[diku] 30/7/2019 21:45

Bring on 57.5p...

[koetser] 30/7/2019 21:40

C7

From CMC Markets

hxxps://charts.tradingcentral.com/charts/sagagbp90730192404.gif

Need an account though

[cautious7] 30/7/2019 21:34

Quote ((((((koetser30 Jul '19 - 21:00 - 2845 of 2845
0 0 0
signal points towards 57.5p))))
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Hi

Is that a smoke "signal"?????

DYOR

Regards

C7 - Official, C7 initiated a full gamble in this company today, fact!!!

[koetser] 30/7/2019 21:00

signal points towards 57.5p

[kenmitch] 30/7/2019 17:23

Buywell. Markets look forward. Your focus is on the awful past.And the awful past is why the share price has collapsed. Big question now is whether policy changes and new C/E will see a more successful strategy, andcshare price recovery. Jury is out on that at least until next update.

Also charts are useful, but are just one more useful investment tool. No competent Institutional investor is going to make an investment decision based only on the chart.

[poleaxe] 30/7/2019 16:34

That's what they about CNA

[sharebuddy1] 30/7/2019 16:22

Your figures are allowing for a large goodwill write down which hopefully will not be repeated. No doubt Saga is a cash generative business and should be assessed accordingly

[buywell3] 30/7/2019 16:19

Year on year, both dividends per share and earnings per share excluding extraordinary items growth dropped -55.56% and -210.65%, respectively.

Strike 3

woof woof woof

It's a dog

[buywell3] 30/7/2019 16:18

In 2019, cash reserves at Saga PLC fell by 69.70m. However, the company earned 138.00m from its operations for a Cash Flow Margin of 16.40%. In addition the company used 99.80m on investing activities and also paid 107.90m in financing cash flows.

Likewise IMO savvy investors read these sort of things IMO

[buywell3] 30/7/2019 16:16

Year on year Saga PLC had net income fall from a gain of 139.40m to a loss of 162.00m despite relatively flat revenues. A contributing factor has been an increase in the selling, general and administrative costs as a percentage of sales from 26.12% to 26.45%.

from the FT

Might have something to do with the drop IMO