Saga Share Discussion Threads

[fjgooner] 08/1/2021 19:43

The perfect time to be holding Saga stock
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It's great to see this lockdown accelerating our transition out of this pandemic.

It was always a folly to keep secondary schools open during a mid-winter health crisis characterised by airborne transmission. By Spring, with the completion of all citizens on the priority list having had at least their first vaccine dose and better weather returning, schools can much more safely resume.

Somewhere on the path between now and that Spring, confidence will start to return to those booking holidays and cruises for later in the year. People who have been stuck at home for nearly a year are desperate to resume leisure travel. There will be a huge boom in the industry.

All experienced investors know that the markets are forward-looking - so how will a travel company be trading 6 months from now - early July 2021?

My guess is rather well and that is why I now have my largest ever holding in Saga as a massively under-priced recovery play for 2021.

Why do I say "massively under-priced"?

This time last year Saga was trading at 700p before crashing to 250p at the end of the last week of March when lockdown commenced.

Since then Saga's non-travel arms have continued to trade profitably, the businesses have been streamlined, redundancies implemented removing un-necessary tiers of management and other deadwood, remote-working has been successfully rolled out, 3 major offices (Middelburg, Cheriton Parc & the Thanet Contact Centre) have been retired and put up for sale - and £100 Million raised to bolster finances to protect the travel business through the pandemic.

At that time there was no vaccine - not even the prospect of any vaccine within the year ahead.

Now we are in the happy position thanks to marvellous scientists of having multiple vaccines available globally and two vaccines already being administered to our population.

Obviously, the next few weeks will see gloomy news flow, but this will start to abate and turn toward far happier headlines ahead of the Spring.

This seems to me to be the perfect time to be holding Saga stock.

[fjgooner] 08/1/2021 19:40

Courtesy of Bigbaddaz:

The latest Saga Travel Brochures would have been received in the post by members this week. The 2021 / 2022 cruises brochure is advertising trips departing April 2021. There is a section in the brochure listing protocol which Saga state ‘ The following will be in place on our cruises sailing in April and May 2021, and we continue to review our Covid-19 protocols to ensure we provide a safe environment for our guests and crew on all cruises sailing throughout the year’.

- Covid 19 testing before boarding
- Reduced guest capacity to 800 guests per ship
- Social distancing on board
- Face coverings in public areas
- All restaurants now full waiter service
- Enhanced cleaning
- Double medical team on board
- Air conditioning reconfigured to circulate 100% fresh air

I appreciate the cruise industry is waiting for government to remove the current restrictions, but as I have said previously, with Saga receiving Shield Accreditation to certify that they are operating safely maybe some operators may get the ‘go ahead’ to recommence cruising before others. Sounds promising imo

[fjgooner] 08/1/2021 19:38

Holiday demand for Easter through to 2022 is really high

The Telegraph

7 JANUARY 2021 • 6:03PM

Britons warned of summer holiday shortage

Travel agents are warning of rising holiday prices and an impending shortage of summer availability – caused by pent-up demand for future trips, and the many postponed bookings from last year.

"We’ve already seen an increase in bookings for this summer with Greece and Turkey currently being the most popular choices for customers, followed by the Balearic and Canary Islands," a TUI spokesperson told Telegraph Travel.

Meanwhile, Thomas Cook reported "an immediate jump in holiday bookings as soon as people finished work for Christmas".

The UK's domestic travel industry has warned of limited availability this year. "The pent-up demand for Easter through to 2022 is really high," said Alistair Handyside, Executive Chair of The Professional Association of Self-Caterers UK.

"Anyone who has not booked a holiday in the UK soon will be looking at the leftovers."

Package holiday prices are largely driven by the cost of flights, says Craig Ashford, Director of Marketing at travel agency TravelUp – and as demand rises, so too will holiday prices, he warns. "Airlines are trying to stimulate the market so there are some phenomenally low rates. As confidence returns the total number of airline seats will remain the same, so the cost will rise. "My strong advice is to book now."

[antonagis] 08/1/2021 19:36

STUPIDINVESTOR = FILTERED. He can now chat to himself.

[fjgooner] 08/1/2021 19:34

This thread is dead. Worthless. Goodbye.

[antonagis] 08/1/2021 19:31

STUPIDINVESTOR. What a tool. You need help and friends

[cleverinvester] 08/1/2021 19:28

Good name for you a Goon , and possibly a clown.

[cleverinvester] 08/1/2021 19:00

Sticking with the facts Think before you buy, will the share price hold? Unlikely,If your a new investor are cruises likely to work this year?I say no, Definitely 2022 but not 2021.This is not priced in.The reality is this will fall to about a pound or lower and another 15-1 split .That's the time to buy,CLEVERINVESTER

[antonagis] 08/1/2021 18:42

STUPIDINVESTOR (Billy no mates) - Most of us on here are longer term investors without the need to dream about buying shares with a benefits cheque like yourself. Stick to CNA and call the Samaritans for urgent assistance.

[cleverinvester] 08/1/2021 18:26

Sticking with the facts Think before you buy, will the share price hold? Unlikely,If your a new investor are cruises likely to work this year?I say no, Definitely 2022 but not 2021.This is not priced in.The reality is this will fall to about a pound or lower and another 15-1 split .That's the time to buy,CLEVERINVESTER

[cleverinvester] 08/1/2021 18:05

You tube it's the auto typo . I am a CLEVERINVESTER

[antonagis] 08/1/2021 17:18

STUPIDINVESTOR LOL

[cleverinvester] 08/1/2021 17:17

They don't , But what elderly person in there right mind would want to be stuck on a cruise ship (covid party)I know you don't like what I'm saying but people need to be logical.Remember when your out CLEVERINVESTOR gave you good advice.Or if you stay and get burned; You'll be saying I wish I listened to CLEVERINVESTOR.

[antonagis] 08/1/2021 17:14

STUPIDINVESTOR LOL

[cleverinvester] 08/1/2021 16:52

Happy weekend all,Hope you got out before the big fall comes;As cruises will be off till 2022.Fact we are going to be wearing facecovers till the end of this year at the earliest,(No one in their right mind would group together on a cruise ship)Placement on the way, then another 15-1 split .Time to buy SAGA will be December this year .Remember CLEVERINVESTOR gave you good advice.

[antonagis] 08/1/2021 16:41

Mostly agree with you QSMEILY456 apart from cruises starting up again April. That will be a neat trick. As i've said before lets all just say summer/autumn and anything earlier will be a huge bonus for us the shareholders.

[antonagis] 08/1/2021 16:22

Well said! This STUPIDINVESTER will fall by the wayside like all those before him. Im' trying to help him but he won't call the freephone number to the Samaritans so we'll just have to watch the posts and LOL

[qsmeily456] 08/1/2021 15:55

3 vaccines

More following by the day

Military roll out

World back to BAU Easter

Saga target group vaccinated by Feb end

No holidays for 18 months stuck in doors

BOOM 💥🚀


Deal in facts not 🐈😸 u🐓

[cleverinvester] 08/1/2021 14:58

Stick with the pros .get out of this dog, I'm saving you money in the long run.

[antonagis] 08/1/2021 14:55

STUPIDINVESTER......... A PRO? PROSTITUTE IS NEARER THE MARK. SEEK HELP