Saga Share Discussion Threads

[slicethepie] 17/9/2020 09:06

What a nice chap you are!

[diku] 17/9/2020 08:41

Why worry about 12.13p...it will probably get to 10 - 12p...

[babbo1] 17/9/2020 08:37

Its possible there are variances and fluctuations, the difference is 0.80p

[nav_mike] 17/9/2020 07:40

Both Sharescope and IG have the low of the day on 25.08.20 around 13.3p

[babbo1] 17/9/2020 06:29

Bring up the 1 month chart and you will see for yourself 25th August 12.13p

[koetser] 17/9/2020 00:24

much better article:

hxxps://newsbeezer.com/portugaleng/mario-ferreira-invests-11-million-in-the-purchase-of-3-2-of-the-british-saga-turismo-lazer/

[glavey] 16/9/2020 23:59

"25th Aug 12.13" I don't think so.

[jonshevlin] 16/9/2020 22:00

Good find K. Thanks.

[babbo1] 16/9/2020 17:22

25th Aug 12.13, , I actually have an interest here although not sure some do

[diku] 16/9/2020 17:13

Are you a newbie to investing/trading?...don't think it reached 12p end of August...

[babbo1] 16/9/2020 17:05

Don't forget this was 12p at end of August anyway, got to see if it continues to drift or has found support

[antonagis] 16/9/2020 16:48

Another seemingly pointless exercise. It seems that by the time the rights issue is in play the stock will be 12p or less. I’m not taking up the offer

[koetser] 16/9/2020 16:42

cheers fast fourier transform

[fft] 16/9/2020 16:26

Mystic Investment group is led by Mario. They have a large, mostly river, cruise section, but are currently building 3 ocean cruise ships.

More details (including other Mario/Pluris investments towards the end) here :

[koetser] 16/9/2020 15:56

Pluris Investments, S.A. just crossed 3%

[slicethepie] 16/9/2020 15:31

Maybe he wants our ships !

[nav_mike] 16/9/2020 15:27

Judging by the constant stream of AT trades hitting the bid, and the relentless supply of new stock onto the book, I would hazard a guess insti or large holders are selling out now and replacing what they sell at the 12p offer price

Either that or just selling out lol

Anyone know anything about the portugese person who has just popped up with 3%?

Edit - seems he is Chairman of this company

[diku] 16/9/2020 14:58

The speed at which the share price moves to the downside is so spectacular then the upside move...not just here but across the plc casino markets...ever wonder why the system is set up such...one way to part company with your money and create liquidity...BOD or companies don't have control over their share price...share consolidation is mark2 of the whole process again...hope for best...

[diku] 16/9/2020 14:45

Are you sure it was directed at me and not at post 2822..

[slicethepie] 16/9/2020 14:21

FWIW I think the bod are pretty hopeless and responsible for the current mess. Their handling of this fund raise is farcical and smacks of inexperience verging on incompetence. That said I think this is very cheap and have confidence that the new chairman will kick this into shape.

[slicethepie] 16/9/2020 14:12

If you look My comment was directed at diku

[diku] 16/9/2020 14:07

Post 2826...sorry have disagree with that...Saga was down to 33p june/july 2019 well before Covid19...looks like few naive punters here...now below 13p...

[earwacks] 16/9/2020 14:04

Exactly. You could also ask yourself if bid of 33p was on the table, what were they expecting to make out of braking the company up? Dehaan is in for 22p average now. Its hard not to ignore, and it is possibly not as much of a risk for him in percentage terms as some of us smaller holders. That of course is not the issue for him. Quite likely the share price will drift but I think they are reckoning mow the take up exceeds shares on offer and it has been designed so that all share holders will receive their entitlement by the clawback clause. Bodes pretty well, and then DeHaan has plenty more to support the price if necessary.