Saga Share Discussion Threads

[american idiot] 19/6/2019 07:36

Its not particularly 'good' but its 'ok' and I think the markets expected a lot worse so perhaps theres potential for a relief rally of some sort now.

[cascudi] 19/6/2019 07:34

Good trading update

[american idiot] 19/6/2019 07:33

The Group is making progress in the implementation of the strategy announced in April despite challenging trading conditions in both insurance and travel markets. Trading for the period is broadly in line with expectations with good early progress in the launch of the new insurance products, although Tour Operations is being impacted by current political uncertainties.

No profit warning here folks. Nice relief.

Forward bookings for Spirit of Discovery (19/20) at 85.9% !

[diku] 18/6/2019 22:59

You will get jam tomorrow answers...

[glavey] 18/6/2019 20:54

Quite. If not irrelevant, it's certainly questionable.

[spob] 18/6/2019 18:51

2241

ceo is leaving

therefore all previous guidance is irrelevant imo

[justiceforthemany] 18/6/2019 17:52

Not sure how the board can look shareholders in the eye at the AGM tomorrow after this disaster. Shares down 70% year on year. Shameful.

[hairballradical] 18/6/2019 17:37

Saga could do worse than looking to take out Bigdish in the leisure sector. Would get them out of the stone age and into leading edge technology with growth prospects.

I own both shares.

[g2theary] 18/6/2019 11:44

Above 40p to erase the losses in STAF I also purchased yesterday ... will hold them for the rollercoaster also :)

[koetser] 18/6/2019 11:34

Contacted her and she will issue corrected story

[koetser] 18/6/2019 11:31

hxxps://www.morningstar.co.uk/uk/news/AN_1560849002107079600/director-dealings-saga-director-buys-almost-gbp1-million-in-shares.aspx

What utter rubbish how do they get away with it

[g2theary] 18/6/2019 10:59

I though that :D good news I bough 20,000 yesterday but I didn't get a mention :)

[andycapp1] 18/6/2019 10:54

Er no. Rebase divi was 2x covered by eps so assuming, perhaps heroically, new eps is 8p then rebased divi is 4p. Not 1.5p!!

[toonmag50] 18/6/2019 10:50

Anyway, where did all these new vultures come from?
Where are the long term investors gone from here ?
I would like to hear from some of these old timers rather than Johnny come lately, discussing whether to invest at 35p or 40.
Christ on a bike.

[toonmag50] 18/6/2019 10:47

LOL any share purchase by a bod this close to an AGM, where the share price is a disaster zone,is simply a job self preservation tactic.
This AGM will be a blood bath, hopefully.

[wskill] 18/6/2019 09:46

Yes my thoughts as well,I have increased my holdings today tomorrows trading update must be a reiteration of the forecast given at the full year results.

J.Hopes was a buy outside the share option scheme.

[koetser] 18/6/2019 09:38

Unless this is to do with a share option scheme

[koetser] 18/6/2019 09:37

Ok thanks means that no major announcements to come up I guess otherwise it would be insider trading. But also not disastrous news tomorrow otherwise he she would not buy

[wskill] 18/6/2019 09:34

J.Hopes at 38.66p 25,707 first buy .

[koetser] 18/6/2019 09:25

Which director bought and how much

[wskill] 18/6/2019 08:47

Forecast now of profit of £105m to £120m seems to be earnings per share of around 8p and a dividend of 50% of this, that is my reading of the past RNS on earnings.

With the buy today by a director cannot see any change in forecast tomorrow at the AGM and trading update,did buy a few more just now seem to have talked myself into it.

[diku] 18/6/2019 08:40

CT...the total divi of 4p relates to the new 1p rebased final and old iterim divi of 3p...think the new iterim divi is still to be rebased probably be around 0.5p...new yearly divi will be around 1.5p for the year...if my understanding is correct with the sequence of news...stand to be corrected those with different views...

[castleford tiger] 18/6/2019 08:27

What was the latest pbt forecast? and are we expecting it to be cut again?

Same with the reduced 4p dividend which is about 11%

Did they set a pay out ratio for it ( the dividend) going forward.

Thanks in advance Tiger

[spadman] 18/6/2019 08:21

thats just over one bitcoin!!