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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Saga Plc | LSE:SAGA | London | Ordinary Share | GB00BMX64W89 | ORD 15P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 4.40 | 3.35% | 135.80 | 787,986 | 16:35:18 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 135.40 | 137.80 | 137.80 | 131.40 | 134.40 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Retail Stores, Nec | 741.1M | -113M | -0.7882 | -1.75 | 188.38M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:18 | UT | 32,399 | 135.80 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 31/1/2025 | 19:57 | ALNC |  IN BRIEF: Saga strikes deal to refinance its corporate debt |
| 30/1/2025 | 07:01 | UK RNS | SAGA PLC Trading Update |
| 30/1/2025 | 07:00 | UK RNS | SAGA PLC Saga successfully refinances corporate debt |
| 16/12/2024 | 11:17 | ALNC | Saga hails "exciting" step as seals two deals with Belgium's Ageas |
| 16/12/2024 | 07:00 | UK RNS | SAGA PLC Saga and Ageas agree new Insurance partnership |
| 10/12/2024 | 15:57 | UK RNS | SAGA PLC Director Declaration |
| 24/10/2024 | 06:35 | UK RNS | SAGA PLC Director Declaration |
| 24/10/2024 | 06:35 | UK RNS | SAGA PLC Correction - Director Declaration |
| 11/10/2024 | 08:23 | ALNC | TOP NEWS: Saga in exclusive talks with Ageas for 20-year partnership |
| 11/10/2024 | 06:00 | UK RNS | SAGA PLC Interim results for the six months ended 31 July |
Saga (SAGA) Share Charts1 Year Saga Chart |
|
1 Month Saga Chart |
Intraday Saga Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 05/2/2025 | 20:08 | Close Brothers bring SAGA to market | 22,176 |
| 06/9/2024 | 15:28 | Saga -no bus tokens to ride | 3,983 |
| 06/3/2022 | 16:43 | *** Saga - Insurance company *** | 13 |
| 04/3/2022 | 18:09 | Saga - how much cash left? | 5 |
| 19/12/2021 | 10:21 | Saga Set To Crash By 40% Press Comment | 42 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 16:35:18 | 135.80 | 32,399 | 43,997.84 | UT |
| 16:29:59 | 137.80 | 15 | 20.67 | AT |
| 16:27:15 | 136.00 | 1 | 1.36 | O |
| 16:27:13 | 136.60 | 31 | 42.35 | AT |
| 16:27:13 | 136.60 | 2 | 2.73 | AT |
| Top Posts |
|---|
Posted at 06/2/2025 08:20 by Saga Daily Update Saga Plc is listed in the Misc Retail Stores, Nec sector of the London Stock Exchange with ticker SAGA. The last closing price for Saga was 131.40p.Saga currently has 143,361,741 shares in issue. The market capitalisation of Saga is £197,552,479. Saga has a price to earnings ratio (PE ratio) of -1.75. This morning SAGA shares opened at 134.40p |
Posted at 02/2/2025 21:05 by koetser Looked at the results in detail. Although the refinance is expensive it can be paid up as the business generates cash. The fact that ocean cruise has had large increases in prices both this year and going forward mean lots of cash generated for bottom line. Same with river cruise and travel. Expect little profit for insurance in next year. But should easily be covered by cruise and travel. Expect £70 million underlying profit for 2025/2026 ( not including possible £30 million bonus). So this share price must go past the £2.00 barrier easily |
Posted at 30/1/2025 09:42 by omron Also if underlying PBT is marginally ahead (call it 39m gbp) then PAT should be about £29m so EPS of 20p. On a PE of 10x should be a share price of 200p. These figures could be materially better based on the Ageas deal but no information on commissions has been released. Costs pass to Ageas and Saga receives an income stream...but of what? |
Posted at 30/1/2025 09:21 by omron Koester - I don't think you are mad. If you assume ebitda is 116m gbp (same as last year) and net debt is 610m (slightly lower than 614m at interim) then Saga currently trades on 6.75x ebitda. I believe this should be at least 8x (especially after material financing uncertainty has now been removed) which would imply a share price of 222p.I see three issues here: 1. MCap of 175m gbp too small to attract institutional investors. 2. The company announced in the RNS that the new debt cost is 675bps over SONIA which would be 11.5% all in but the trading update talked of 7.6% - confusing. 3. The company has not yet issued any information about commission rates going forwards on the Ageas deal making it impossible to work out a proforma forecast. |
Posted at 30/1/2025 09:07 by 0rient Saga share price has history of going on big runs…positive & negative. Can see this trading update being a catalyst for another big run northwards..last decent run Northwards got us to 180 before running out of steam |
Posted at 30/1/2025 07:05 by skinny Saga plc (Saga or the Group), the UK's specialist in products and services for people over 50, announces that it has secured new credit facilities (the New Facilities) which will refinance the Group's corporate debt in full. The New Facilities materially enhance the Group's liquidity position, significantly increase covenant headroom and provide funding certainty as the Group moves to execute its growth plans.The New Facilities, agreed by Saga subsidiary, Saga MidCo Limited, with certain funds and accounts on HPS Investment Partners' direct lending platform, comprise: · a £335.0m term loan facility that will be drawn to: o repay the £250.0m Senior Unsecured Notes, maturing July 2026; o repay the £75.0m drawings under the £85.0m loan facility with Roger De Haan, maturing April 2026; and o partially fund transaction costs. · a £100.0m delayed-draw term loan facility that is available for three years and may be drawn for certain purposes, including the repayment of amortisation within the Ocean Cruise ship debt facilities, M&A and capital investment; and · a £50.0m revolving credit facility. |
Posted at 29/1/2025 18:52 by koetser rmAll the cruise companies have been getting lower rates. Even if it is 10% with Saga pulling in the kind of cash it is the share price will rocket. Remember just on the cruise ships they will be getting £100 million EBITDA. Plus the cash from Ageas deal. Plus travel and river cruises booming … |
Posted at 28/1/2025 08:18 by diku Not followed much here but the deal is not very clear cut and Saga is still attached in some shape or form if understood correctly...is the deal done out of desperation...any views hence the share price reaction?...Contingent consideration amounts of between nil and £30.0m in 2026, and the same again in 2032, are payable subject to certain policy volume and profitability targets being met and the satisfaction of certain conditions1 |
Posted at 16/12/2024 07:02 by bigbigdave 16 December 2024Saga plc Saga and Ageas agree new Insurance partnership and sale of Saga's Underwriting business Further to the announcement on 11 October 2024, Saga plc (Saga) has entered into an agreement with wholly-owned subsidiaries in the UK of Ageas SA/NV (Ageas), to establish a 20-year partnership for motor and home insurance (the Affinity Partnership). In addition, Ageas will acquire Saga's Insurance Underwriting business, Acromas Insurance Company Limited (AICL) (the AICL Sale) (the Affinity Partnership and the AICL Sale being together, the Transaction). The Affinity Partnership will combine the strength of the Saga brand, Saga's marketing skills and customer base and Ageas's extensive and growing UK insurance operations. The Affinity Partnership will build on the existing successful relationship between the Saga group of companies (the Group) and Ageas (UK) Limited (Ageas UK), which is already a member of Saga's panel of insurers. The new partnership is designed to deliver best-in-class insurance services to Saga customers, driving growth in Saga's motor and home insurance business through differentiated products, first rate customer service and value for money. Saga, with its specialist role as a leading provider of products and services for people over 50, is committed to providing best-in-class products and services to its customers across all its businesses. Against this backdrop, the board of directors of Saga (the Board) has been exploring opportunities to optimise, with partners, Saga's strategic position in Insurance. The Transaction is consistent with Saga's ambition to drive growth, crystallise value, reduce debt and enhance long-term value for shareholders. |
Posted at 11/10/2024 06:04 by bigbigdave 11 October 2024Saga plc Saga and Ageas in exclusive negotiations over Insurance partnership and sale of Saga's Underwriting business Saga Plc (Saga or the Group) is in exclusive negotiations with Ageas SA/NV (Ageas) to establish a 20-year partnership for motor and home insurance. Alongside this, Ageas would also acquire Saga's Insurance Underwriting business, Acromas Insurance Company Limited (AICL) (together, the Proposed Transaction). The proposed partnership would leverage the strength of the Saga brand, Saga's marketing skills and customer base and Ageas's extensive and growing UK insurance operations. The two companies' combined knowledge and expertise in serving people over 50 is significant and the proposed partnership is designed to drive growth in Saga's motor and home insurance business, whilst continuing to provide excellent customer service. The proposed partnership would build on the existing relationship between Saga and Ageas UK, which is a member of Saga's panel of insurers. Under the Proposed Transaction, Ageas (UK) Limited (Ageas UK), a subsidiary of Ageas, would enter a 20-year Affinity Partnership with Saga Services Limited (SSL), Saga's Insurance Broking business. Ageas UK would operate Saga's motor and home products which consisted of gross written premiums (GWP) in excess of £479m in the 12-month period ended 31 July 2024. SSL's existing partnerships with Collinson for travel insurance and Bupa for private medical insurance would be unaffected. |
Posted at 11/10/2024 06:01 by skinny Strategic rationaleSaga, with its specialist role as a leading provider of products and services for people over 50, is committed to providing best-in-class products and services to its customers across all its businesses. Against this backdrop, Saga's Board has been exploring opportunities to optimise, with a partner, Saga's strategic position in Insurance. The Proposed Transaction is consistent with Saga's aim to move to a capital-light business model to support growth, crystalise value, reduce debt and enhance long-term returns for shareholders. Proposed terms1 Affinity Partnership · The Affinity Partnership would be for a 20-year term, with the ambition to go live by the end of 2025. · Ageas UK would pay Saga an upfront consideration of £80m, payable at or around the go live date. · Additionally, Saga may receive contingent consideration of up to £30m in 2026 and up to £30m in 2032, subject to certain policy volume and profitability targets being met. · SSL would receive commission on the GWP generated over the term of the Affinity Partnership representing the value that SSL will continue to provide through the Partnership. Ageas's acquisition of AICL · Ageas UK would acquire AICL for a total consideration of £67.5m, subject to customary completion adjustments. · Completion of the AICL transaction is expected in Q2 2025 and is conditional on the signing of definitive transaction documentation and certain regulatory approvals. 1 The consideration quoted represents gross proceeds, before transaction costs and items related to the Proposed Transaction |
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