Saga Takeover Rumours (SAGA)

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Saga Takeover Price

Saga Takeover Forum Posts

10-09-2020
https://www.google.com/amp/s/news.sky.com/story/amp/revealed-ex-goldman-bankers-plotted-375m-saga-takeover-bid-12068215
04-09-2020
A former boss of Aviva is behind a £370 million bid for Saga that has been spurned by the insurance-to-cruises company, The Times has learnt. It is understood that Mark Wilson, who was in charge of the FTSE 100 insurer for almost six years until 2018, has tried to orchestrate a takeover of the troubled over-50s group.
30-08-2020
I have reported Saga and their board to the FCA for with holding these takeover offers and clear price sensitive information.
29-08-2020
You also have to factor in : - 1. This has been heavily oversold for months now. 2. The 200 day Moving Average is just 15p which it will now move well above. 3. At 13p it was priced for liquidation - cash call greatly reduces this risk 4. Also add premium to the share price for the M&A interest which is significant. 'Towerbrook Capital Partners, one of the buyout shops examining an offer for the AA, has also considered bidding for Saga in recent months but is now not pursuing a deal, according to City sources. Several other private equity firms have also been contemplating approaches to Saga about a takeover.'
Current market cap £150M £100M is only buying him 20% of the company So true value is around 44p Lots of interested parties also looking at takeover.
Towerbrook Capital Partners, one of the buyout shops examining an offer for the AA, has also considered bidding for Saga in recent months but is now not pursuing a deal, according to City sources. Several other private equity firms have also been contemplating approaches to Saga about a takeover. That alone should drive up price ... as we have all said this company is ridiculously cheap
25-08-2020
Double usual volume. Still no holdings RNS. Spike to 27p in June - what was that all about? Highly suspicious and dubious what is going on here... behind the scenes. Even a far more heavily indebted company like AA managed to sort out a takeover... board at Saga seemingly happy to lose their own jobs.
09-07-2020
However, when comparing with say Hiscox and Hastings, the differnce is rather marked. free stock charts from uk.advfn.com The inference I draw is that the market considers Saga to be a cruise operation and is performing in line with the market and the insurance side is chucked in free of charge. Has to be worth a punt simply as a takeover target, float off (sic) the cruise side of things as a separate enterprise and have the insurance side stand on its own feet.
22-06-2020
don't rule out a takeover of the company. The operations are valuable to a stronger player
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