Saga Share Discussion Threads

[beerboy2] 24/1/2020 18:07

Ive never shorted a company in my life, it does not sit well with my conscience knowing i could be part of the reason people have lost there jobs and worse. Like i said i hope im wrong

[jetstar23] 24/1/2020 17:36

Or perhaps increase your short position briefly to drive the price down to buy, on the basis you know it'll rise on a good trading update?

[beerboy2] 24/1/2020 17:32

Thats really not good an increased short position before the trading update on Tuesday, sounds like a bit of inside imformation. Hope im wrong.

[diku] 22/1/2020 22:43

40p some support then eventually 33p retest...one can do tons of analysis and still get it wrong... statements are massaged to give an impression but the reality can be different...

[beerboy2] 22/1/2020 17:37

You would think if it was bad news Mr Sutherland would have got the news out of the way earlier, it suits his case that the Sp is declining at present, makes it easier to take credit as it starts to rise in the future under his leadership. Hopefully imo

[pete160] 22/1/2020 16:54

C7, you tell us every time that the company is terrible but then that you're going to buy lower.If its really that terrible, why would you buy at all?

[pete160] 22/1/2020 16:52

Gripfit - are those 2 of your lottery numbers as, without any reasoning, they're just as speculative?

[alamachado] 22/1/2020 16:30

My feeling is that the trading update was meant to be earlier in the month and some may be thinking the delay is because of bad news. But I don't think so, my feeling is that the 28th makes more sense as its a consideration of the transitional change at the top and might be even be to highlight new initiatives that the new BOD have in mind. Bookings are looking good and policies are stabilizing, 175K new policies on the 3 year fixed back in July 2019, now might be close to 250K and 3 year policies give many customers the incentive to stay. Over reaction most likely on low volume. All in ever optimistic opinion :)

[kron76] 22/1/2020 16:02

Seems to happen on loads of shares in the build up to results - always makes me suspicious but then have also seen big swings the wrong way i.e the share price tanks and the results actually are great.

[cautious7] 22/1/2020 14:54

Hi

Not looking good at all.

Usaally some type of leak IMO and I don't mean the ship, lol.

DYOR

C7 - may buy some more at lower than previous buy at 42p.

[scrwal] 22/1/2020 13:34

Trading update is 28 Jan per company website.

[jetstar23] 22/1/2020 13:18

We were briefly down 6.2% for about 30 seconds at 1310 with a huge amount of trades going through before it recovered slightly.

[beerboy2] 22/1/2020 12:47

This is not looking good its broken through its support trend line, we really need a good RNS soon.

[sharebuddy1] 22/1/2020 10:50

Interesting Peel Hunt have retained their target at 110p. How can the brokers’ outlooks be so different when presumably they are using the same information?

[diku] 21/1/2020 21:23

Maybe the news leaked around 2pm..hence the turn around...

[jubberjim] 20/1/2020 19:40

When will the trading statement be issued

[cyberian] 20/1/2020 16:55

EJ...SP maybe influenced a bit by Hastings Group (Insurance) late last week...issues with bigger/higher value claims effecting margins and a slight warning over difficult conditions/competition in the sector. However, their fundamentals are not too bad and in comparison with SAGA, and the latter shapes up quite well on revenues, and market coverage. So with the cruise/leisure side to counter-balance a reasonable up-date shortly. Just hope that they are more up-beat in their forward looking plans. Hastings shares recovered a bit today after the warning last week so there is confidence that insurance returns etc. will improve.