Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I bet there is a few of us who would love a take-over and rid us from this..i'll be glad to finally see the back of it after years of holding!
200 million price tag..equates to around 34p that will do :-)
Maybe end 2024! but who knows...SAGA always moves fast once it gets going! At least we are moving in the right direction and the management have a decent forward looking plan.
The fact that the Executive Directors SHARE AWARD scheme will not be triggered until a 600p share price is hit! I'll be doing cartwheels if we ever hit that 600p :-)
Everybody seen the new Capital Markets Event - Saga's Superbrand Strategy presentation?
They are certainly being ambitious and have a clear focus of what they are after!
The market obviously likes it
The big boy shorters will have long left & are probably long now. They won..the losers are the private investors who got scared out of their positions & more than likely sold for a loss. No doubt the institutions picked up a lot of shares from small investors on the brutal drop. Been there on both sides of the fence, got the badge..never a good feeling selling out then watch them take it right back up which I’m expecting is going to happen over the next 12+ months
Cheers Banbury :-) I actually think you was right 18 months ago but its took longer for the company to show this growth & its been so painful for shareholders. Thankfully now it's showing signs of their forward looking plan starting to come together. Once we have the growth back a few small adjustments can see big swings in the profit. Could be a great hold for the next couple of years as their plan takes shape
he revenue growth is impressive Banburyboy, now we have the growth back a few small tweaks will see underlying profit rise going forward.
You was to upbeat/positive when we was dropping 12/18 months ago and now to negative as we see growth again..I'm real happy with this update and their forward looking plan. Will be purchasing some more today
Great seeing the start of the recovery, my average is around 300p so still a almost 100% rise to get me back to break even :-) have every confidence of returning a profit on my position at some point hence why I didn’t sell on the way down! (Hindsight is a wonderful thing)
Once SAGA get back on track & start delivering some positive news and numbers then their £6 bonus target might even come into play!! Wishful thinking :)
I listened to it this morning. They even asked my pre submitted questions and they answered them well I thought.
I certainly came away a lot more positive after listening to the meeting & I’m happy holding & adding. Real confident with what they have in place will turn the company & share price around.
There’s an Investor Meet Company webinar a week on Wednesday(28th Sept)..you can ask the board those questions directly & might get some answers!
Just get in touch with SAGA investor relations & they will forward the questions
'I don't see a reason to exercise the warrants now. In case something terrible happens (probability >0) and Rockhopper is in deep troubles, I only lose the warrants. If I exercise, I lose additionally 9 pence. I will exercise them next year'
Making 60% on your warrants now is not to be sniffed at..
The shorts have made a load of money, I think they will want to crystallise their profit & close out before the update. Everybody being so bearish is a good indication of an imminent decent bounce..hopefully we have seen the bottom :-)
€200m+ successful arbitration outcome & sat at 14p!!...It's difficult to believe, such an opportunity to purchase more shares on the cheap. The lawyers and RKH will ensure we will get the funds from Italy one way or another.
Anybody else surprised we are not 20p+?
You can now pre-submit questions directly to the company up until the day before the meeting, in addition to asking questions during the live presentation.
Anybody asking questions or would like me to submit any?
Unreal..Banbury head cheer leader selling out on the lows. Couldn't make it up!! :-)
Anyways..comes across as a lovely chap so wish you all the best on your current investments. Truth is you have called it so wrong on SAGA for the last couple of years that it gives me good vibes that you called it wrong selling at the lows.
Truth is most of these small to mid size market cap stocks can be be manipulated upwards & downwards by the big funds to suit their agenda and no number of well researched and detailed posts will make any difference. They will take SAGA back up now..just watch it happen :-)
I took my full allotted amount and my average is just over 17p now...will i ever see a return on this investment!? Kick myself for thinking the bottom was in around 20p!
Directors have set a qualifying hurdle of £6.00
This gives me great hope of eventually seeing a good return..they would not set an unrealistic target as it’s in their best interests for it to be triggered. Shows a belief going forward
What’s your break even Godders? Mine is about 16p & me too wish I’d never heard of RKH!!
I still think we will eventually make money on our investment..we can have a break even party when it comes good ????????
People have been saying similar for the last 12 months & more..I think it’s a disgrace that the BOD have not turned around the SP as yet. How many of us here are well underwater investing in SAGA? Most I reckon!
My average is about 350p ..had hopes of £10+..be happy to get my money back now!