Saga Share Discussion Threads

[nav_mike] 25/5/2018 12:37

You can tell when the algos are playing tag with each other when the intra day chart goes horizontal like today...

There have been some large trades mixed in with the AT noise - 500k @ 134 12:22 for one

[diku] 23/5/2018 07:35

Either get taken over or merge with another leisure company...board should explore all possibilities in the best interest of shareholders..

[nav_mike] 22/5/2018 12:45

Aye its showing a willingness to go higher, but then these trading algos kick in and we go down again.

All part of the game I guess - maybe have to wait for another RNS to see if DB have continued offloading

[diku] 22/5/2018 11:11

or sooner!...

[diku] 22/5/2018 10:53

Not for long...normal service will resume by afternoon...

[nav_mike] 22/5/2018 10:16

Certainly looks like it will be a battle to hold gains, as there appear to be some very active iceberg sell orders

Whether this is Deutsche who knows, but at least we are still positive :)

[diku] 22/5/2018 09:48

Can it stay up there all day or is that too much to ask?...

[nav_mike] 21/5/2018 16:39

Someone was after half a million @ 128.2 in the closing auction and less than 1k got filled.

Hopefully will provide some support tomorrow.

[tonybaloni] 21/5/2018 14:52

DIKU,Do you know if any other organisations (Travel / Insurance)shown an interest in acquiring Saga ?

[diku] 21/5/2018 14:03

In the eighties it was very popular...those same people are now in the 50 - 80 club...

Thompson could well be looking in here..somebody just takeover this outfit...

[spob] 21/5/2018 12:56

Thompson have stopped doing club 18-30

it's now called club 50-80 :)

[optomistic] 21/5/2018 12:54

Imastu, strategy errors do pop up now and again, centrica is one of mine but not the only one. Fortunately BP. Is doing well for me but centrica is going to take some sorting. I did hold Saga but sold just over 200p not been tempted back in yet.
Good luck with your ventures :-)

[imastu pidgitaswell] 21/5/2018 08:42

Ah, I remember the days of Le Gap d'Opto...

I would be in (and out of) BP, and will be again I would think, but sadly marooned elsewhere on (let us say) a strategy error. Six years and counting - not joking, only wish I was. Pension SIPP, so still plenty of time to resolve.

SAGA one of the other options, diversification etc, along with GSK. BP will also be one of them, although its recent surge means I will probably wait. SAGA also fits in increasingly well with my time of life...

:-)

[optomistic] 19/5/2018 19:20

imastu, good to see you are still around...now what about the BP thread are you away from that now? Idioterna was another great poster who has now gone missing as well, if he is still holding he should be well in front now...and not before time.

[imastu pidgitaswell] 19/5/2018 08:21

Quite happy if it drifts down - I wanted to buy in lower, earlier, but had no funds available until the mid 130s. And I would like some more, so the lower the better.

[saurish] 18/5/2018 17:27

NAV_Mike

Expected price action along the daily trend line. The dividend seekers are exiting. The swing traders should buy in, however they would like to leave it for as late as possible to get a better price.

The fundamentals are in line so hopefully the sell off should abate sooner rather than later.

Trading update in about a month's time, before which it can retest recent highs if the overall market supports.

[nav_mike] 18/5/2018 16:17

Trading algos killing this atm...Deutsche?

[nav_mike] 18/5/2018 10:52

That is quite possible I guess, with a lot depending on whether DB will be continuing to flood the market.

Today following the same path as yesterday....smacked down quite hard at the start, then slowly clawing it back.

[maximus57] 18/5/2018 09:19

Get the feeling this could now drift back down again after turning xd.

[nav_mike] 17/5/2018 17:00

evg

No...they went XD last night hence the drop in price today

[nav_mike] 17/5/2018 16:59

No problem...happy to help

The run up to going ex-div wasnt typical, as there was a constant heavy flow of new sell orders onto SETS. I am assuming that was mainly DB, and to be honest we dont know when they will finish. Could of course be wrong.

In any event, we were actually up on today once the 6p XD is accounted for. Whether that was due to interest in Saga, or just the market as a whole being nicely up - who knows? :)

[stevestallwood] 17/5/2018 16:45

NAV_Mike. Many thanks for the information. I should have looked at that RNS before I asked the question. I have now read it and now get the reason for diku's and your comments.