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We will get a good update on the current state of the UK Insurance market this week.
SABRE. Results on Tuesday. DIRECT LINE on Thursday
Hi zccax77
Our last cruise with Seabourn was fully booked !
Our recent Christmas cruise with Celebrity was fully booked !
We have booked one of the few remaining suites on our September cruise with Regent.
Cruise and Travel business is Booming.
SAGA must be experiencing record bookings on Ocean and River Cruises.
Best Wishes
Alnwick,
What is the occupancy like on the Seaborn cruises? plus what would you say was the average age of the passengers?
Hi Sparafucile,
Thank you for your response.
As a shareholder is sad to hear of your bad experiences!
We are keen Cruisers and our go to companies are;
1. Regent . 2.Celebrity ( Retreat). 3. Seabourn
We have heard great things about SAGA from fellow cruisers but SAGA only sail from the South Coast and living in Northumberland it’s awful journey coupled with crossing the Bay of Biscay !!
I have asked SAGA if they will expand the departure locations and they told me it’s on the agenda.
Best Wishes
hi alnwick
firstly saga do not offer any perks to shareholders. the only discounts are those on general offer to early bookers, or for unsold cabins near departure date. my main point is that occupancy levels are high and should remain so. we’ve come across many who dislike the larger p&o ships for example, and saga is benefitting. i see no reason why that should not continue given the demand for cruises from the targeted demographic. where saga fails, in our experience, is its smugness in dealing with individuals when things go wrong. the onboard rudeness was one of a number of issues we had on our last three cruises. others included the changing of the aft suite offering after we’d booked, without any notification, and a **** up involving a medical issue. other posters have recently mentioned an arrogance about saga’s head office. that chimes with the comments a chauffeur business owner made to us. to be told of their ‘sadness’ about the bad service we experienced, and their ‘hope’ we’d give them the opportunity for our ‘faith in saga to be restored’ (by spending a lot of money) was just way too glib. my feelings about saga are as much disappointment as anything else. we had some excellent cruises with them, and who doesn’t want to prefer companies they have an interest in? but saga’s arrogance has lost them our business.
The good news came and went ...........
Good news didn't come?
Very surprised to see our price target reduced by 11% from £1.75 to £1.55. Not sure why?
At a mere 85 percent down I feel quite profitable in Saga. What an absolute dog of a share. my worst investment bar none.
Hi accipiter, apologies for slow response. Not that you were expecting one.
I think the whole set up has arrogance. Roger may have the financial muscle, but i'm not sure he's sufficiently 'on the ball' when it comes to board decisions.
I used to have Saga as a client, selling them holiday destinations, and whilst they could be hard nosed, they were very arrogant. That was way back, before the IPO. Nothing has changed.
Appreciate your support, but it is a very modest IPO holding, fortunately.
How can a company lash up so badly, with such a growing and ready customer base.
Too many, and changing, chiefs, is a part of the reason.
There was a certain arrogance about their RNS way back of 26th January.
“No decision has yet been made and there can be no certainty that any partnership agreement will occur. A further announcement will be made in due course, as appropriate.”
Since then Sweet FA.
Selecta, I feel for you. I am only 60% down. Shambolic and poor in every sense.
Nice one accipter.
I like your wit... And agree.
Likely they would win every category.
Yes, i'm a holder too.
Still got a very small holding from the IPO. Only 95% down!!!
How can any company make such a lash up, when dealing with a growing, eager and tolerant customer base.
What a shambles.
It's all weekend until Sunday evening. If Saga have entered they should win first prize. Yes, I am a shareholder.
Hi Sparafucile
I see you joined the LSE site on 6th March and this is your first post.
Welcome to the site.
As a fellow shareholder I read your post with interest.
I’m a little confused as you appear to start quite positively on SAGA Cruise and bookings and end with a very negative comment base on rudeness from a Restaurant Supervisor!
As a 50/60 nights cruiser I would welcome your further input on your cruising experiences and particularly with SAGA.
Best Wishes
PS
Did you obtain a Shareholder discount?
Shareholder and Britannia club members here. Our recent experience on Saga cruises is that they are picking up large numbers of disillusioned P&O customers, which together with the general high demand for cruises and Saga’s late ‘allocated cabin’ discounts means high occupancy rates. Demand seems particularly high for suites. A tip though, avoid Deck A aft suites which are affected by the smoking area. Prices have also risen quite sharply, though how that will feed through is uncertain given the early booking discounts and the late allocated discounts. Certainly getting bums on seats is not a problem. Can they keep high occupancy rates? I suspect they are confident they can. We had issues on our most recent cruises, including being treated with unconcealed rudeness by a restaurant supervisor because we were five minutes early for a booking in a speciality restaurant. Saga acknowledged we had indeed had bad service on three cruises. But their attitude was they hoped we’d give them another chance ‘to restore our trust in them’. Such complacency suggests their cruise numbers are good, but we’ll be spending our 50/60 nights a year holidays elsewhere in future.
And with the apparent broad recovery across the insurance sector, combined with the current low SAGA SP, it would be interesting if that Aussie company renewed interest in the insurance underwriting business!
Well yes, ships...could be anytime though or not I guess.
Another decent day, COST rallying ahead of results, so just need this to do likewise to seed some other prospects for next year!
I have had 3 or 4 takeovers on stocks I was in for recovery in the last 12 months. None made more than +30% from memory-nowhere near previous MCs. Need a bit more than that here-I hope RDHs price is the floor!
M
Good afternoon Rogue
Hope you are ok today
I was expecting news on the ships.
At these silly prices I really thought we would have been a takeover target
Take care
M
Struggling on Spights, struggling on. Yesterday also good for some of mine though coming after a bad week, 10 days its hasn't really got back to square one. Faith and patience being sorely tested. What news are you expecting here?
Hi Rogue very well thankyou
How are you?A good day for my shares
Except for my holding in Saga
Enjoy the sun
Hi Spights. you ok?
I think it's all been said until some kind of news drops tbh.
This is very quiet.
Where is everyone
I am expecting news any day
Directline have turned down a £3.1Billion bid
As the insurance sector recovers SAGA must be on someone’s radar !!
Just drfting on low volume but bet it recovers towards close of play!