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 Shares Traded Last Trade
  0.31 2.05% 15.43 2,911,557 16:35:24
Bid Price Offer Price High Price Low Price Open Price
15.18 15.35 15.50 15.10 15.12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 841.50 -162.00 -14.50 173
Last Trade Time Trade Type Trade Size Trade Price Currency
17:21:33 O 1,265 15.43 GBX

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Date Time Title Posts
04/8/202021:38Close Brothers bring SAGA to market2,162
27/5/202013:13Saga -no bus tokens to ride3,703
01/4/202015:19Spirit of Discovery67
27/2/202016:54*** Saga - Insurance company ***10

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Saga (SAGA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-08-04 16:23:5915.431,265195.19O
2020-08-04 16:23:5915.3915423.70O
2020-08-04 16:18:4915.301,270194.34O
2020-08-04 16:15:1515.421,742268.62O
2020-08-04 16:14:5715.261,240189.19O
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Saga (SAGA) Top Chat Posts

Saga Daily Update: Saga Plc is listed in the Life Insurance sector of the London Stock Exchange with ticker SAGA. The last closing price for Saga was 15.12p.
Saga Plc has a 4 week average price of 14.80p and a 12 week average price of 13.94p.
The 1 year high share price is 60p while the 1 year low share price is currently 12.56p.
There are currently 1,122,003,328 shares in issue and the average daily traded volume is 1,986,928 shares. The market capitalisation of Saga Plc is £173,125,113.51.
erogenous jones: Try and think about this logically. The share price is that which market makers can attract buyers and sellers to make a turn. We know that as a sector that travel and in particular cruise travel is not going to restart until the autumn. There is thus no reason for a change to the revenues for another 2 months. The outgoings have been pared down and preparations are being made for the resumption of cruises on the various ships and leisure craft. There is a new craft to be launched soon. Additional (and at the point of commission) completely un-considered changes are needed for the medical safety of passengers in coping with a highly viable respiratory virus that has swept the world. Two months is quite a long time as far as the market is concerned. I know that the bulk of revenues are generated from peddling insurance. Claims are fewer and in smaller values but as households begin to return to work and drive their vehicles, so claims will inevitably return to pre-lockdown levels. They might even be a little higher as many motorists have not been driving much outside their immediate area. Sure, the share price could fall lower but as I see things, the downside is limited. Were the underwriting business siphoned off and the proceeds used to eliminate the bulk of debts or the cruise side of things sold with the debts, even at a loss, the company would probably have an immediate up lift in the share price to reflect the underlying business which is a profitable insurance company. I would not be surprised if that was the original motive for Elliott. And, as far as we know they still hold interest in the shares. I dont know if they are going to be successful in the bailout with Virgin Atlantic, but my hunch is that that is where they are directing their energies and might need to back it up with some hard cash.
erogenous jones: babbo1, Saga plc is a company that generates the bulk of revenue and profits from selling INSURANCE policies mainly for home owners, motorists and travellers. At one time it had a sort of trident business consisting of care homes, holidays and insurance. These were expanded to include a couple of cruise ships, accompanied tours and temporary domestic convalescent help. The tour and holiday elements have a for sale notice on them, the home care side has been sold and the division of Saga which is the lame duck is the cruise side. It represents a fraction of the profits but it seems to have the bulk of direct costs. For some reason, Mr Market is disregarding the insurance side of things and that is fine. As I mentioned yesterday, the share price considers this as a cruise operator and the insurance side has been chucked in bucksheesh. Since the share price is aligned with that for CCL, the fortunes of the company will not be seen until cruises are resumed. While Saga have hinted at late Autumn sailings, until Government advice for travellers removes the caution for cruising, the share price for Saga will remain depressed. Thus as observed with volume of claims for insurance well down, the level of profits generated from the BULK of the business model should give confidence that the company remains profitable albeit at very different numbers from previous years due to the costs in having brand new ships either in commission or being commissioned that are not sailing.
rdh21: Your theory doesn't hold weight either reviewing saga share price vs volume. 8th of june saga share price increases circa 20% on 12m shares traded 25th of June 12m shares traded, saga share price drops 10% 26th of June 4.5m shares traded, saga share price increases by 3.3%
rdh21: You're deeply concerned with the short term share price. My posts are concerned with the long term value. If saga doesn't make 100m FCFs this financial year you tell me I'm wrong. By which point I'll already know and make reference to my assumptions, which I've also given, and which one was incorrect and hopefully I'll learn something from the venture. No one learns anything from you saying "15p on monday!", then when the share price is 20p saying "I'm not telling you why!!". It's a waste of time posting that rubbish. You try to ridicule my posts for being too long, but that's because we are talking about complex issues and I want to give a well rounded opinion. If you think shorter posts guessing share prices are more valuable then we'll never get on the same page, and you may as well mute me.
koetser: do agree with this: As such, while investor sentiment towards the Saga share price is depressed at present, this could be an excellent opportunity for long-term investors to buy a share of this high-quality business at a discounted price.
rdh21: Why are you fixated on the share price at any one point in time? What do you think cineworld are worth based on their fundamentals and business model? If it's more than the share price by a large difference (ideally larger than the alternative discrepancys between value and share price you are aware of) then buy the stock? If not then dont? For me if saga remains below 20p that's great, I'll keep buying month in month out until it rises, goes bust or I go broke because this is the biggest delta between intrinsic value and market cap I've identified (albeit in my limited time to review businesses I've probably "deep dived" into around 30).
diku: Which roulette wheel did they spin during the IPO?...if you believe what they tell will believe anything in a ever changing situation...too many variables...hence Saga share price is where it is... If you want to gamble spin a roulette wheel, it'll be quicker and most likely spun by a good looking young female.
dealy: markets are moving to price in a return to normality in most sectors. that is certainly not reflected in the current saga share price
sharebuddy1: I know the Saga share price has plummeted because of the general market reaction to this Coronavirus outbreak, and I accept there may be a very slight reduction in profits due to this, but most of their profits are on the insurance side. Wouldn’t it be prudent for the new ceo to put out a statement advising of the estimated impact of the Coronavirus on profits, although I do accept this would be difficult to calculate at this time. However, a reassuring statement would show they do have shareholders’ interests in mind.
koetser: The Motley Fool LATEST SHARE TIPS INVESTING Over the past 12 months, the Saga (LSE: SAGA) share price has been a pretty poor investment. Excluding dividends, the stock has declined around 68% since the beginning of July last year, compared to a decline of just 2% for the FTSE 100. However, during the past two weeks, Saga has staged a slight come back. After printing an all-time low of 33p in mid-June, the stock has since rebounded by more than 20% and is currently dealing for just under 40p per share. I think there’s a good chance this rally could continue, and eventually take the stock back up to where it was at the beginning of this year, above 100p, although that’s a long term target. In the near term, I think a more conservative goal of 60p-80p might be more accomplishable. It all comes down to valuation Over the past 12 months, as Saga has issued a string of dire trading updates, confidence in the business has evaporated. As a result, even though City analysts expect the company to report earnings of 7.5p share for its current financial year, the market doesn’t seem to trust this forecast. A stock’s valuation gives us a lot of insight into what the market thinks about a company and Saga’s P/E of just 5.3 seems to suggest investors have almost no confidence in the business and its management. I’m not willing to give the company the benefit of the doubt just yet, but I do think there are some signs management’s efforts to stabilise the business are starting to work. As I noted the last time I covered the company, Saga’s insurance business, which has been the group’s problem child for the past two years, seems to be on the road to recovery. Meanwhile, there appears to be a robust demand from travellers for Saga’s new cruise offering. Granted, the company isn’t out of the woods just yet, but management seems to think the business has stabilised. If this trend continues throughout the rest of the year, I think there’s a good chance the market could re-rate the stock as Saga’s outlook improves, and its future becomes easier to determine. The market dislikes uncertainty more than anything else, and the Saga share price has been shrouded in uncertainty for much of the past two years. If the company continues to report positive trading, the shroud of uncertainty should lift, and investors are likely to return. Double in value As confidence in the business returns, I think the Saga share price could double in value. Historically, the stock has traded at a P/E of between 8 and 15, substantially above where it is today. I reckon even a modest improvement in the group’s fortunes could justify a P/E ratio in the high-single to low-double-digit range, giving a potential upside of 100% or more for investors who are willing to take the risk today. On top of this, the stock also supports a dividend yield of 10% at the time of writing. So, if your’e looking for a company that has the potential to double your money, it might be worth taking a closer look at the Saga share price.
Saga share price data is direct from the London Stock Exchange
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