Share Name Share Symbol Market Type Share ISIN Share Description
Saga Plc LSE:SAGA London Ordinary Share GB00BLT1Y088 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.42p +2.97% 49.22p 49.00p 49.20p 50.10p 47.60p 47.90p 5,258,778 16:35:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 841.5 -162.0 -14.5 - 552

Saga Share Discussion Threads

Showing 2251 to 2272 of 2875 messages
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DateSubjectAuthorDiscuss
14/6/2019
14:43
Paying any dividend with a chart like this is plain stupid
buywell3
14/6/2019
14:43
Think I read somewhere that Spirit of Discovery is 64% forward sold for the year ahead. (I could be wrong on that though)
american idiot
14/6/2019
14:41
Any chance of cross checking what the shareholders said?... "The Committee is very grateful for the engagement and feedback received from shareholders"
diku
14/6/2019
14:39
What about Direct Line ? "you won't find us on comparison sites" etc. Not sure that is the answer. Rubbish management more likely ? This makes me feel sick as its the same thing spouted out, even when there are shareholders demonstrating outside the AGM's : "The Committee is very grateful for the engagement and feedback received from shareholders" They'd be saying that even if their cars were set on fire. Disclaimer: The last comment is by no means any sort of encouragement to indulge in civil unrest or destructive or aggressive behaviour towards anyone associated with the remuneration committee. It is a quip, a bit of satire or sarcasm. ffs
yump
14/6/2019
14:39
Sack the entire board without pay...
diku
14/6/2019
14:34
Key issue here may be the forward selling of berths on the new ships. Getting the customer experience right during the first few weeks will be key. Still not holding any though, waiting for 3 days without falls. Does seem cheap on most metrics though debt has always been an issue. Thats what happens when private equity sells, load the company with debt and its the next owners problem.
dr biotech
14/6/2019
14:32
Erogenous Jones, I fully agree with you. Excellent post and thank you for that.
american idiot
14/6/2019
14:32
As each day passes, more and more over 50's are becoming internet savvy and using comparison sites (or their kids are showing them how) That's more and more over 50's that can no longer be ripped off resulting in lower and lower insurance profits for Saga
spob
14/6/2019
14:25
Can someone please explain how the insurance broking side can improve when rivals appear mostly all to have moved already to multi-year fixed price renewals (partly due to regulatory pressure) also various pay-as-you-go add-on's to basic policies, Saga claims is its distinctive bespoke approach to re-connect with its 'heritage'. Otherwise, shareholders' tolerating lower profits in years ahead due to such investment, is merely for the group to stand still competitively. I suggest is a pertinent question for the AGM.
edmondj
14/6/2019
14:24
Yeah, I understand that Spob and good on you for weighing up every risk out there in such uncertain times. I'm more concerned at what others are seeing that I cannot see. 31 January 2018 - £190.6m PBT 31 January 2019 - £180.3m PBT and now £105m - £120m PBT expected in the current financial year. That is one hell of an almighty fall in profits but I took that as like a kitchen sink job when Saga is exiting various low margin revenue streams (Trying to entice customers direct to Saga rather than through price comparison websites for example) and also increasing spending on advertising & investment throughout the entire business. I guess theres execution risk that their new strategy might not pay off in which the shareholders would be under real pressure. I just cannot see a furthur warning next week and if there is one so soon after ratcheting down the numbers so heavily only 2 months ago then alarm bells would definately be ringing.
american idiot
14/6/2019
14:21
Need this desperate seller to clear off then this will rise. Does woodford own any SAGA.
sunnybeachboy
14/6/2019
14:20
TUI TCG SAGA The leasure sector is not the sector to invest in right now. The cruise liners look good, but maybe poorly timed. Hopefully the insurance will be ok. Holding here. The chairman seems a sensible bloke. Surprised if Sage goes bust. If they need a bit more cash, say £!00m, to strengthen the balance sheet then they should have a deeply discounted rights issue. If there is a cash call, that is ok for me, provided the prospects are promising.
careful
14/6/2019
14:15
American Idiot, in common with you, although the share price has fallen a further 25% since profit warning, I do not believe that the company will go bust. It is a potential takeover target, of that I am certain. The forward expected profit of £100m indicates a P/E of 4 which is low. Plenty can be done to revive this company and the appointment of a new CEO, change of Chairman and a thorough review of operations should see this in a very different light in 9 months time. However, where there is a profit warning, so the focus gets defined on the numbers and specifically accounting assumptions. The market is braced for a little more fall out, but it should not deter the private punter from accumulating shares for either short term speculation of takeover or capital uplift as the company focusses on core competence at higher profit levels. £100m underlying profit on turnover of £840m is pretty good. What is not so great is declining turnover.
erogenous jones
14/6/2019
14:14
also there is no asset backing here price to tangible book value is a negative number
spob
14/6/2019
14:12
American I.... The point is the ceo has just resigned 105-120 is absolutely not guaranteed. There could be another profit warning at any time going forward also dividends are not guaranteed to continue filling those new ships is not guaranteed an improving insurance market is not guaranteed i'm just weighing up the risks that's all if you buy and it works out, i'm happy for you
spob
14/6/2019
14:12
The £40m EBITDA from each cruise ship. Has anybody idea how much profit that will translate into ? I assume the worries are profits from the insurance business could continue to decline and perhaps if the new cruise ship(s) do not deliver expected revenues then the company might be in a position where they might not be able to service their debt ? Seems a long way off that scenario surely.
american idiot
14/6/2019
14:07
Saga the company can survive for sure that does not mean shareholders will benefit
spob
14/6/2019
14:01
Marmar80- I agree but I am not sure there will be any profits from which to pay down the debt let alone pay dividends. If there is a profit warning any remaining management credibility will be completely gone (if it hasn't already) - it was only in Jan that management was reiterating previous guidance. The debt to EBITDA number is going to be horrendous but thankfully most of the debt is secured on the Cruise Ships and presumably they could be sold or leased back in an emergency.
rudiwebb
14/6/2019
13:59
2019/20 Underlying profit before tax is still expected to be £105-£120m How does it work then that Saga go bust when it is still making a very healthy profit of over £100m ? I think a few posters here are trying to talk this lower for a better entry point. This isn't some risky high street retail company like Debenhams or Thomas Cook. Saga operate in pretty safe sectors. Surely it is better to pro-actively address structural declines now meaning lower short-term profit for a sounder business in the future than do nothing ? Horrible markets are present. Hopefully next weeks AGM + trade update will provide some comfort to holders.
american idiot
14/6/2019
13:53
there is zero confidence here now, which is why it has become a bargepole stock the price is irrelevant I was thinking of a small purchase but stopped myself I don't invest in companies with huge debts relevant to earnings it's just one of my rules shareholders usually suffer in those circumstances net debt to go up to almost a billion in the next year (market cap now £420m) and the ceo has just walked investing here would be gambling not investing
spob
14/6/2019
13:46
considering the debt it makes sense to stop it for a year or two.
marmar80
14/6/2019
13:43
Hard times ahead unfortunately. I bought at 59p but sold at a significant loss thankfully
aztec786
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