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Saga may well have to follow suit
I feel it is safer long term with the finances supported. Not trying to guesss the bottom. Well done on your trades
Yes at 140, so immediately under water. Not a good decision will double down at128
Well speaking for myself, I have no desire to post on other sites as SAGA is my main holding. Further, I resent the tone of other posters, I am fully entitled to my opinion particularly as the dramatic fall in the price supports my view. Nobody has any coherent thought on why we are at 1.85 ish, just a load of bluster.
So pour scorn on me and this other guy/gal, but so far we have called it right,
Banbury
You have not gone wrong. Your posts are full of top quality information and analysis and the life blood of this forum. These two guys are not worth a light and they are not right.
Bullet- Dianto could be right but the postings do not have any single company facts. Perhaps that's where I have gone wrong.
Chances of rights issue or cash call - nil zero zilch. Even with the ships fully moored they did not touch the £200m in the bank.
Diandto and Buglet11 both popped up at the same time, 22nd and 23rd June. Neither has previously posted on this forum and yet in less than a week they have posted 22 negative posts about Saga’s prospects and nothing else about Saga or any other company. You could say they appear to be colluding to drive the price down without providing any reasoned arguments. I think it is best to ignore them rather than debate with them. They should be recognised for what they are. i.e. C U Next Tuesday.
Pokerchips
Good posts as usual Poker. Thanks for trying to keep the debate sensible.
Absolutely no chance of a rights issue
They will have to close shorts before results
Expecting spike up then
Thankyou
Rights issue
Ok, had enough, I am shorting at 184.
What is RI
Diandto seems on the ball as does Banbury even though they are coming from opposite standpoints.
Heard a lot of nonsense about my earlier comments last week, yet here we are lower than when I sold. Let’s see what happens next week, my bet is still RI.
I do not require investment advice, thanks all the same
Diandto
nobody commits to a buy like that without assessing the market situation at that time.... reassessing risk etc...
...not even you ..despite your best efforts to suggest otherwise
anyone can say they will wait for a 25% discount on today´s price .....but..it isn't quite the same as thinking you will be buying in a summer sale
Comprethemarket.com warns that the cost of motoring is becoming "increasingly unaffordable" as rising car insurance premiums add to the misery for drivers.
- the surging value of second-hand cars and spare parts
https://news.sky.com/story/cost-of-living-car-insurance-premiums-for-most-popular-models-rise-by-100-12642355
puts pressure on the margins of Saga 3 year fixed offer
I sold a chunk of shares at 2.00 and advised you not to buy. So far this has proven to be accurate. I still have a decent stake though.
Just bought TUI at 140 and IAG at 113 as safer long term options. Will hold SAGA for now.
Excuse me, why are you so aggressive. I WILL buy back at 1.40 and/or take up rights if sadly it comes to that. Don’t tell what I’m going to do.
" Reckon down to 1.40 ish after TU. I will jump back in then"
I bet you dont ..what about your fund raise and your sinking ship ?
You will pop up and say you will wait for 100p .... dont waste your time telling of imaginary buy in prices
you probably wont ever buy low anyway.... you are looking for cheapest price at lowest risk....doesn't exist
No good news sorry to say. Reckon down to 1.40 ish after TU. I will jump back in then. No buys before July 5th.
the shorters always sell on bearish days when they know buyers are going to be sitting on their hands .... the shorters are always trying to sell a few shares in order for that to cause greater effect on the paper losses of those having bigger holdings .... they are pushing for market capitulation from those holders..it is what Bears do... as we can see within different shares