Saga Share Discussion Threads

[spob] 28/5/2019 16:42

no room for a swimming pool

they need to cram in 999 passengers

[diku] 28/5/2019 16:39

How many swimming pools ship got?...

[diku] 28/5/2019 16:10

Now that looks like a rich council estate...

[diku] 28/5/2019 16:10

Something very deceiving about that photo...as though the cabins are built on an island and the ship is in front of the island...I mean the 1st photo...

[jpsmithson] 28/5/2019 16:07

Not enough lifeboats and the funnels facing the wrong way.
Back to the drawing board.

[diku] 28/5/2019 16:02

Post of the day...


looks like a floating council estate to me LOL

[careful] 28/5/2019 15:59

I suppose with bookings elsewhere because of brexit and the Thomas Cook troubles,
the timing of all of this is a bit unlucky.

but it is always darkest before the dawn.

[spob] 28/5/2019 15:55

Spirit of Discovery departing from the Meyer shipyard

The 58,250 GT cruise ship can accommodate 999 passengers

[spob] 28/5/2019 15:48

some pics here of the Spirit of Discovery departing


looks like a floating council estate to me LOL

just joking :)





Translation

Emsüberführung as if from a picture book: Spirit of Discovery reaches Emden
by Tobias Bruns • May 27, 2019

The "Spirit of Discovery" has reached the destination of their first journey. In the morning, the new cruise ship of the Meyer Werft docked in Emden, after passing through the bottleneck on the Ems during the night.

PAPENBURG / Emden. On Sunday evening at 21.30 clock it was at Papenburg rainy weather "Leinen Los" (we reported). With East Frisian sunshine received the ship on Monday morning in the Emden harbor then numerous onlookers. The Spirit of Discovery will remain for a few days until it embarks on sea trials in the North Sea.

It is the first time in more than five years that a new construction of the Meyer shipyard in the East Frisian seaport city applies. The last was next to the research vessel Sun, the AIDAstella, while the big cruise ships set up as the first destination in the Dutch Eemshaven.

The 58,250 GT cruise ship can accommodate 999 passengers. It is the first of two ships that Meyer Werft will build for the English shipping company SAGA Cruises. Meanwhile, the Meyer shipyard is still working on another cruise ship that will be delivered later this year: The Baudock II is the Norwegian Encore under construction, which will be completed in the fall of 2019.

[boraki] 28/5/2019 15:37

I still think they are after cheap shares for someone or some event coming

[boraki] 28/5/2019 15:35

Last 8 trading sessions including today,

down 3%
Down3.5%
down5%
up 8%
up1%
down6%
up 1%
today so far down 7%

[diku] 28/5/2019 15:20

Did they ask shareholders for approval before buying big toys?...

[diku] 28/5/2019 15:15

Wonder if the insiders will get a free cruise holidays?...

[justiceforthemany] 28/5/2019 15:14

The drop is because the market cap is now below the FTSE350 cut off and shorters are taking full advantage. A forward P/E of below 6 is crazy though.

[stewart64] 28/5/2019 15:10

Still comes down to the high risk strategy of having a couple of cruise ships on order the size of the Titantic and Olympic which are costing more than the half billion Market cap?
The best analogy is your typical investor on here with a net value of a million. Do you then splash out 600 grand each on a couple of top end Rolls Royces for 1.2 million for hire, purchased on credit. The depreciation is eye watering and you jeopardise what capital you had before ordering the toys. If nothing else the balance sheet is incredibly unbalanced.

No way would this order have been placed at a market cap of 0.5 billion.

[boraki] 28/5/2019 15:04

Well, it's one hell of a tree shake, I will give you that..

[blueball] 28/5/2019 15:00

15p here we come.

[boraki] 28/5/2019 14:58

I would normally say that there is a rights issue coming, but this share has had large gyrations this last 3 weeks, and there has been no news.

Something is not right here?

[boraki] 28/5/2019 14:55

Down 6.7% to 46p

Someone is driving this down.

This is not normal for this type of share.

Either somebody has a large order in at a low price or there is something known in the pipeline. Good or bad I do not know.

Only ever seen this in a severe bear market,, and we are not in a severe bear market, or any bear market.

Bad news for the P.i

[boraki] 28/5/2019 14:35

46.12p new low

[boraki] 28/5/2019 12:57

I suppose it will now go up 10% after this manipulation