Saga Share Discussion Threads

[jasperthemonkeygod] 23/10/2020 10:30

£1.50 is 10p pre consolidation?

[kenmitch] 23/10/2020 10:25

The cruise business is important but so too is their general travel business and insurance. The share looks way oversold unless the market knows something sinister we don’t yet, but the idea that all it would take to see the share multibag is resumption of cruises, is nonsense. Also at present their cruises now being booked will be travelling at 80% capacity for social distance reasons.

[koetser] 23/10/2020 10:09

disco,

If they announced resumption of cruising from new year 200% (circa 330p) is not out of the question and possibly quite likely. Remember 100% just to get back to RDH's average and 200% to get to RDH's commited buy at around 27p (old money)
At the moment market worried about cruising getting delayed again and a possible next round of raising funds

[discodave45] 23/10/2020 09:45

Sorry but can't see this being near enough at, or in excess of, the "offer" price in the next week or so either.200% to 300% in a few weeks!........hope so but another ramp IMO, not as excessive as CC's but even so.Is it against ADVFN T&C's to be realistic?.

[koetser] 23/10/2020 09:41

Glavey,

the cost will be less than the previous cost of shutting it down and making everyone redundant in destinology which is what they stated at the interims

[kirk 6] 23/10/2020 09:30

Yes I can't see £15-£20. Given the share price was 380 the other day and given how oversold the stock is I think we can realistically see 200 to 300% upside in the next week or so. Don't want to quash the optimism or either be classed as a Deramper but let's be realistic and have our targets met. 200% short term upside is a great return in anyone's book

[discodave45] 23/10/2020 09:23

Have to agree, no way £15 to £20 near term, even the "offer" was only £4.95.Dislike ramping as much as deramping.....i await the down ticks.

[glavey] 23/10/2020 09:09

K, I wrote "I wonder what the cost of that will be" not I wonder what nominal sum they got for it. ;-)

[glavey] 23/10/2020 09:06

"£15 to £20 near term target."

Utter nonsense. Do stop your incessant unbridled ramping please.

[city chappy] 23/10/2020 08:45

And the cruises resuming, with group debt cut, insurance side performing well and a new boss Roger de Haan who has just invested a huge chunk £100m of his own money into the company. Very strong recovery play. Get as many shares as you can now. £15 to £20 near term target.

[koetser] 23/10/2020 08:33

i suspect the sum was insignificant e.g £1 to a few million max. what is good is people keep their jobs and saga saves on redundancy costs and shutting down/lease costs.

[glavey] 23/10/2020 05:03

"Destinology 'sold' for an undisclosed sum."

I wonder what the cost of that will be. Maybe we will learn on Friday.

[antonagis] 22/10/2020 22:45

Absolutely love the optimism! Not sure about the 30% upside tomorrow, in fact.........No chance but definitely in the near future

[sambuca] 22/10/2020 19:28

Update from Cruise Critic

Portsmouth Welcomes First Passenger Cruise in COVID Era
Portsmouth Welcomes First Passenger Cruise in COVID EraPortsmouth, UK (Photo: stocker1970/Shutterstock)
October 19, 2020

Aaron Saunders_130
Aaron Saunders
Contributor
(7:35 p.m. BST) -- Portsmouth port has welcomed its first cruise ship in the COVID-19 era, as SeaDream Yacht Club's 112-passenger SeaDream I called on the city on Monday as part of its transatlantic crossing to Barbados.
A total of 19 passengers embarked in Portsmouth after adhering to strict health and safety protocols, including obtaining a COVID-19 PCR test no less than 72 hours in advance going through rapid COVID testing again before embarking the vessel. SeaDream has also rolled out extensive cleaning and sanitization measures, as well as physical distancing practices
In a statement provided by Portsmouth City Council, the Port notes that no passengers already onboard were allowed ashore in Portsmouth, and only the 19 ticketed passengers were embarked.
All port operations followed the UK's recent Cruise Framework Agreement for vessels and the entire call was overseen by local health authorities and Portsmouth International Port staff.
SeaDream I (Photo: SeaDream Yacht Club Cruises)
Portsmouth International Port is the first port in the UK to install a thermal imaging camera, and the first to have received independent verification for COVID-19 health and safety measures by international auditor and classification society DNV-GL. DNV-GL also provides COVID-19 certification for cruise ships.
SeaDream I is in the midst of a 21-day crossing to Bridgetown, Barbados to start the line's newly-announced Caribbean cruises. The ship had previously embarked passengers in both Oslo, Norway and Rotterdam, Netherlands.
SeaDream I is scheduled to make one additional stop, in Funchal, Madeira, on October 24 before proceeding to Bridgetown. The ship's first Caribbean voyage departs roundtrip Bridgetown on November 7, 2020.
The sailing is the first transatlantic crossing to resume since the global COVID-19 pandemic shut down cruises in March.

Sam

[discodave45] 22/10/2020 19:11

jetJust beat me to it. Good news as Spirit of Adventures inaugural cruise Feb 5th is to the Canary Isles. Likewise Spirit of Discovery is going there in March.Hence the share price rise this afternoon when the news was announced.

[kirk 6] 22/10/2020 19:06

Nice with momentum bounding we could see more like 30% upside tomorrow

[jetstar23] 22/10/2020 18:27

Hoping for another decent rise tomorrow on the Canary Island restriction news and the fact Saga were announced as "Best Home Insurance Provider 2020" today.https://twitter.com/inschoiceawards/status/1319312014120988678?s=21

[roybel] 22/10/2020 16:26

Need about £2.55p to break even and cover costs/fees

[kirk 6] 22/10/2020 16:12

Looking for a about 300-400% upside form here in the short term

[discodave45] 22/10/2020 11:47

Daylight robbery whatever they wore!, lol.Still waiting to buy here when sellers have cleared.

[slicethepie] 22/10/2020 11:38

They swapped masks for Hermes ties !