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
  -1.28 -2.6% 48.00 47.92 48.04 52.70 47.76 50.45 6,190,619 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 841.5 -162.0 -14.5 - 539

Saga Share Discussion Threads

Showing 2451 to 2472 of 3575 messages
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DateSubjectAuthorDiscuss
21/6/2019
06:57
wskill, Cheers for adding perspective, it is just that they are touting a new profit driver from new ships just when Brexit realities may start to bite and they need to fill extra capacity: "The float out of our new cruise ship, Spirit of Discovery, is a key event in our history and follows a rapid build process which was delivered on time and on budget. Combined with our second ship, which will launch next year, this will be transformational for the future profit trajectory of our Travel business." Obviously the stock looks cheap; questions being whether competition in insurance/travel and the consumer spending trend is (more than) fully priced in, or it proves a battle to deliver on lower profits-range guidance.
edmondj
20/6/2019
23:01
It's not July 2020 yet. They do not have 2 ships with 1000 each. They did not report they have sold 86% of berths for the year ahead. What they wrote was, for the Spirit of Discovery, they have bookings for a projected 85.9% of their target revenue for this financial year. AFAIIA, we do not know the correlation between target revenue and berths, nor the target revenue figure for the operational second half of this year for the S of D. I'm not sure if we know the position for the Saga Sapphire and if Saga cruisers are preferring to wait / choose the new boats in preference to the old. Carnival off 12% at the close.
glavey
20/6/2019
20:35
Carnival has 100 or so ships and from 3000 to 6000 passengers each one ,Saga have 2 ships with 1000 each not really in the same league it will only take a tiny drop in passenger numbers to make a difference to them the new Saga ship has sold 86% of berths for the year ahead and the first cruise starts in July,There may be some effect after July 2020 but we could have left the EU by then. Tours are a different proposition I am sure there is some effect. But at the end of the day cruise and tours only make up a small proportion of profits Insurance is the main business.
wskill
20/6/2019
20:19
Blame Brexit for Carnival's Sinking Shares 20/06/2019 9:05pm Dow Jones News Carnival (LSE:CCL) Intraday Stock Chart Today : Thursday 20 June 2019 Click Here for more Carnival Charts. By Asjylyn Loder Cruise operator Carnival Corp. was the worst performer in the S&P 500 on Thursday. One little-noticed culprit: Brexit. The U.K.'s on-again-off-again exit from the European Union has rattled the region's economy and put consumers there on edge. That makes it tougher for Carnival to attract local customers to those cruise routes. Carnival unexpectedly announced financial results Thursday morning, saying profits sank 20% in the second quarter. Worse, the company offered a gloomier outlook for growth because of softening demand from customers in France, Italy and Germany, said UBS leisure analyst Robin Farley. More than 25% of Carnival's customers come from Europe, she said. "This is something that's going to affect them in the quarters ahead," Ms. Farley said. Carnival's stock fell 7.3% to $48.96 a share. Competing cruise lines likewise suffered, but not nearly as much. Royal Caribbean Cruises Ltd. slipped 2.6% to $119.51 a share while Norwegian Cruise Line Holdings Ltd. dipped 2% to $52.82. Norwegian likewise sells European tours, but the bulk of its customers for those routes comes from the U.S., making them less vulnerable to Brexit worries, Ms. Farley said. Brexit isn't the only political worry facing cruise operators. President Donald Trump announced earlier this month that American cruise ships will be barred from going to Cuba, part of his efforts to pressure Havana into abandoning its support for Venezuela's beleaguered government. Carnival has also taken a hit because of problems with Vista, a relatively new addition to its fleet that has had to alter its itinerary several times because of technical problems. Other leisure stocks also retreated Thursday. Airlines including American Airlines Group and United Continental Holdings were also among the worst performers in the S&P 500. The Invesco Dynamic Leisure & Entertainment exchange-traded fund, which owns stocks like Walt Disney and Liberty TripAdvisor, slid 0.5% to $43.46 a share.
edmondj
20/6/2019
16:39
zulu, They are already firefighting - they weren't going to risk issuing reduced profit forecasts or a raise yesterday. Remember the first 'underweight' warning was issued by the house, so if house is now saying 60p that doesn't give a lot of credence to 110p. (On M.F., I'll not comment.)
glavey
20/6/2019
16:29
Spike nearby, just round the corner, get ready for the move to 40 min.
jobber1
20/6/2019
16:10
croots, The rest was the profit warnings, 'broadly' in line means not confident it will be and to expect a miss!
glavey
20/6/2019
15:39
Yep, I was expecting something pretty dire - namely reduced profit target and possible fund raising. For info, not everyone saw it as another profit warning, Peel Hunt reiterated their very optimistic 110p target yesterday and Motley Fool's commentary (posting ref: 2322) was guardedly optimistic as a possible early-stage recovery play. Like I said, do your own research and draw your own conclusions.
zulu_principle
20/6/2019
15:38
Broadly isn't a profit warning. It's merely stating in line but at the lower end.
thecroots
20/6/2019
15:22
"Better than expected" you say? You must have been expecting something very, very bad then as all analysts have it down as another profit warning across all sectors! Did you miss the 'broadly' useage? Shop talk: Another cut JP Morgan Cazenove today reaffirms its neutral investment rating on Saga [LON:SAGA] and cut its price target to 60p (from 80p).
glavey
20/6/2019
15:09
Decided to try and catch a falling knife yesterday and hopefully (just) managed to grab hold of the handle for a change. FTSE demotion selling by trackers should be over tomorrow as the new index takes effect from Monday morning - any hope of 250 index re-entry implies a recovery to around 64p according to my calculations so not something to hope for in the short term. Yesterday's trading update was slightly better than expected with no change to year end profit targets or hints of a fund raising. On the other hand very cautious language used to describe turnaround results to date. Director buying announced on Tuesday also very welcome and hopefully there'll be more such announcements to underline the Board's confidence. Looking to accumulate Saga on the dips but looks like a good recovery play (albeit one to be watched very closely). Just my opinion. DYOR and all that.
zulu_principle
20/6/2019
13:38
Drydocking?
sharebuddy1
20/6/2019
13:33
no docking??? how do u get off ??
gripfit
20/6/2019
13:04
The insurance side has a much greater value than todays market cap ,at 20p it will be the sale of the century I would say. Holiday insurance and Bennets motorcycle insurance side will be worth that alone. At a guess for a takeout price on a PE of 10 an easy 3 x today's knockdown price . with the fullness of time the cruise side will provide growth with the 2 x new ships no docking required for 2.5 to 3 years
wskill
20/6/2019
12:33
crock o sh== this ,,,,,, 20p
gripfit
20/6/2019
11:20
The update yesterday was pretty solid. Dropping another 14 percent was just ridiculous. This will surely get back over 40p quickly.
gregpeck7
20/6/2019
09:00
At least this share is doing better than Thomas Cook :-(
boraki
20/6/2019
08:57
It will be interesting to see if this share can hold its gain of 7% today. If it can this next few days, it is a good sign. However this share has a record of loosing all it's gains over a few days and then going to a new low. Heres hoping the corner has been turned, but I'm skeptical at the moment. Good luck all holders
boraki
20/6/2019
07:58
I’m guessing yesterday may have been the nadir, at least in the short term. Hopefully not a dead cat bounce, will see tomorrow
dr biotech
20/6/2019
07:57
Yep it's a no brainier to have a position down here.
gregpeck7
20/6/2019
07:53
Good start this morning. Up over 6% on good solid buying. I sense bid speculation on the way.
american idiot
19/6/2019
22:33
ftse 250 trakers and investors who invest for dividend are the ones selling no need for shorts. who would short now after it has dropped 80% any takeover bid would destroy shorters and what is the plus side for shorters another 10p?
koetser
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