Saga Share Discussion Threads

[careful] 11/6/2019 12:50

it will take years to find out how this will turn out.
Share price have lost touch with reality, few buyers.

[koetser] 11/6/2019 12:43

All gains gone

[boraki] 11/6/2019 12:41

If the usual trend happens, then this will hit a new low again, i.e. below 40p

Pathetic the way the market is at the moment.

[dealy] 11/6/2019 12:34

disappointing reaction. the UK stock market is distressed at present

[wskill] 11/6/2019 10:57

We are well undervalued at present with present company forecast of £105m to £120m being reiterated on the 19th of June at the AGM a PE of around 4 also the company has advised that 50% of profits will be paid as a dividend.

In the fullness of time I am sure we will recover.

[diku] 11/6/2019 10:51

First for the old folks who took up shares at IPO...the share price is decimated..then you give them the Goldman carrot!...

[luzley] 11/6/2019 10:22

Checked all aspects here as have watched saga for a while. I wasn't impressed by the company pigeon-holing itself for oldies.....being a very active 65 yr old myself!
BUT.....having watched the (slow) progress, all the factors for change are now in place. The Saga brand is strong on ethics and confidence, divest the aging aspect...that is being done. Adverts and TV are really good, traction is visible in new offerings and the the first of two new cruise liners will lift the price on launch. The fact that Marcus give exposure to good, reliable savings on upto £100k is aimed perfectly at target audience. Biggest plus is that increasing number of solo female retirees trust Saga=safety. The market is there and the company now just sto reinforce security and confidence rather than age. On track and on course. With all the icebergs now behind the Saga vessel and good navigation skills I see calmer waters ahead and a bright horizon. Money where my mouth is I've just made a nice initial investment. Steady as she goes.

[sunnybeachboy] 11/6/2019 08:43

Bid increased again.Sellers stopped.

[diku] 11/6/2019 08:40

Hope so....higher higher or lower lower for a Brucie bonus!...

[sunnybeachboy] 11/6/2019 08:39

50p this week imo

[koetser] 11/6/2019 08:38

Looks like my pump in the morning worked.
One of several initiatives aparantly

[sunnybeachboy] 11/6/2019 08:31

44p on the ask

[diku] 11/6/2019 08:30

What do they mean by innovative and high- quality products?...I guess Goodmans can smell the old folks money sitting in accounts...




"This is an important strategic partnership for Saga that will help us provide innovative and high- quality products that will be designed not just to meet our customers' needs, but to exceed their expectations."

[sunnybeachboy] 11/6/2019 08:27

Buying bots are out....

[sunnybeachboy] 11/6/2019 08:23

High of the day paid

[sunnybeachboy] 11/6/2019 08:14

Moving higher

[diku] 11/6/2019 08:12

How many CEOs do you know of getting a sack...I mean a proper sack without pay!!...within Plc casino markets its a different rule for those at the top...they just step down with a golden goodbye handshake...I mean a proper 24ct golden goodbye hand shake!...

[sunnybeachboy] 11/6/2019 07:52

Moving forward

[dr biotech] 11/6/2019 07:06

Well at least it’s a positive step. LB should still resign or be sacked though. If a lower employee made as many mistakes as he has they’d be off.

[wskill] 11/6/2019 06:04

I already use Marcus bank and am well impressed with it easy to open and very secure but limit of only 100k for best interest rate .if they can improve this limit will use Saga for another account myself thanks for the information koetser.

[glavey] 11/6/2019 04:42

Well done for your attempted pump koetser but if fear it's misconceived. Saga 'white label' a lot of services. Given the collapse in the share price and that Saga clients were invited to participate in the IPO, do you really think they going to be easily convinced to move over their life savings?

[koetser] 11/6/2019 00:27

how much at open ? 65p?

[koetser] 11/6/2019 00:26

Saga, the over-50s insurance and travel company, is hoping to revive its fortunes in an unlikely alliance with Wall Street banking giant Goldman Sachs.

A deal between the retirement specialist and the US bank, dubbed the "great vampire squid" for its influence over the banking industry, is expected to be announced on Tuesday morning.

Saga chief Lance Batchelor said the group has signed a partnership with Goldman's savings arm Marcus, the online bank that launched in the UK late last year, as many of the group's customers "hold a large proportion of their wealth in savings".

[koetser] 11/6/2019 00:18

Looks like massive pump tomorrow as Saga is going to deal with Goldman Sachs :-)