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Looks like we've broken through upper resistance, wonder where the next level is?
Next stop 500+. Remember where you heard it first.
That would be nice SOH :-)
£5 = £700m market cap must be close to the fTSE 250.
That would then give it another leg as trackers join in .
Someone apologies did some research and I cant remember the number anyone remember.
It's £850m I think from comments a couple of weeks ago. (That was automatic entry)
Maybe most of us already read this, moody’s review is good:” Moody's affirmed Saga's B1 rating, four notches off investment grade, following the announcement. The agency changed its outlook to stable from negative, saying Saga has strengthened its financial position and it expects a steadily improving profitability as travel resumes.
The GBP250 million bond will improve Saga's financial flexibility and enable it to handle downside scenarios, Moody's said.”
As the most comments today, when cruises really restarted the price will be a lot higher.
We may able to get in ftse 250 by September.
Gla
Crazy share, imagine how high this goes when they actually have a business that is open and generating revenue. Up 300% and they can’t even operate lol
Thanks all. So between £5 to 5.50 should give sufficient market cap to get into the FTSE 250. Bit to go yet, but excellent progress so far.
I make it £6 x 140m shares = £840m for auto entry
I mentioned last week that selling at that point was "way too premature". This has at least £2 left in it. Sit tight, accept the usual pull-backs, but this has £6+ all over it - in this calender year, in my opinion. Good RNS this morning; love a nice Cash Rich Balance Sheet me! Every increase of £1 = a 5 figure £'s amount for me; so a decent amount invested here. ATB
This is the useful website which shows auto entry levels. Sorry to report that between early May and now the auto entry point has moved up to 900m m/cap. So do the maths on 140m shares
http://www.stockchallenge.co.uk/ftse.php
Think it was only me that sold a few last week to get the bank off my back for car and holiday. Still got 5000 shares at £2.65.
Small fry to you guys. Bearing in mind, I put £20k on 2 credit cards to buy them, which is still costing me £400 a month to keep the investment going/holding. I took a 3 month mortgage break as well and used that money to pay for said credit cards for 5 months to keep holding
I’m scraping the monthly payments together from minimal paid delivery and warehouse jobs as covid has screwed me and had to rent my house out.
Massive gamble that has paid off though, and thanks to you guys. Good job I like risk. P.S hopefully getting £2k compensation from being wrongly arrested last month, so the good old coppers will make me hold onto them for another 5/6 months. GLA. Keep holding!! If I can you can :-)
Wow.. Sounds like you lead a colourful life Beach.
All the best to you :)
Blimey Beachbum, not a dull moment in your life!!! Glad it's all panning out for you. Just don't crank up the credit card again!! ATB :)
Beach, this has come good for you but my experience is that next time it may not so tread very carefully and avoid aim shares when investing , unless it is spare cash!
Talk about living on the edge, Beach. Good luck, make your Credit Card payoff a top priority.
Absolutely guys, first thing to be paid off, and won’t be doing it again. Just a one-off, extreme hold, under extreme circumstances! Thanks
Once those planes are back in the skies my business will start my income again.
Good luck Beach, been arrested a few times myself, in my youth, many years ago :-)......usually involved alcohol, etc, etc but those days are behind me now.....honestly :-)
Beach you got to do what you got to do and for me it shows you have got spunk! Doing nothing is easy but you are young and each you do “something” as crazy as this (and what you have done is super crazy!) you learn something that no daft courses can teach you. Many years ago in the dot com boom bust with a young family I borrowed money from the bank that could barely pay back and cutting a long story short lost the lot. But 20 odd years later I’m back and cleaning up.
Good on you mate. You have got balls (and spunk!) ha ha
Thanks Rox and well done too. ‘He who dares Rodders’ To be honest if it wasn’t for you guys I wouldn’t have done it, so thank you
Remember Banbury's story .
80k down on AIM over a few year - that's a casino . Do or die / boom or bust on the last 20k - all of into Saga lowest price £1.27 but pretty low (£1.50) average. £7 and I'm back level.
Reseached this one to death and fair value £7-9. I think Sheltie is bang on this has £6 written all over it this year. Sell Tour or give it away and we will hit £8 this calander year.
Beach £8 party the beers are on me :)
Banbury you keep raising the bar so to speak on these drinks....
I'm game for a trip oop North as I said so sometime eh?
I’ll look forward to that BB! Best of luck mate.
I noticed that aswell Rogue it was definitely £7 last time he mentioned getting the beers in.
If any of you guys are feeling brave then have a look at CARD. (Not you Beach - you are in enough trouble!).
59p to buy us a bargain. Don’t discuss it here and please don’t just buy on my recommendation. I’m just saying check it out.
Hi RoxburyHouse,
I’m a Geordie boy too !
I now live overseas but still visit the Toon when I get the chance.
Having owned Graphic design and Digital print companies I invested in VistaPrint a few years ago and then Moonpig.
You suggested CARD earlier in the year and I took a look at their business model and OMG their gross margin is amazing !
I bought a few late February at 38P and watched them go over 90P.
Now at 60P I’ve bought more.
CARD is another 5-10 Bagger !
Thank you RoxburyHouse.
I will look out for the Toon top when we are all cruising with SAGA.
PS
We can all send a Digital CARD !!!