Member Info for accipiter

It seems to me that at 16p Saga is an ideal candidate for a cheap buy out followed by a 50/50 sale of its two parts, insurance and holidays, both of which already have captive audiences, some customers in both. Lots of profit to be made for the likes of Tui, Carnival, Aviva, L&G ?

There must be those looking into this as a viable outcome.

I just emailed Les to give him a personal thanks. I may miss some of the action as we are off to Greece on 18 September for 2 weeks.

Good luck all.

I imagine their insurance side will be showing good progress. That could be the JPM angle.

Les brought the 28% of us together and made the company aware they couldn’t just ignore us. I’m positive that our solidarity played a large part in today’s news.

We salute you Sir Les.

LOL Spag. If you're happy it must be good.

"The end result places the Company in a financial position where its debt burden does not jeopardise its future solvency. "

Mr Smith my question was directed at Steamineagle. I read your posts avidly.

You have no money invested in the US then?

I bought into Saga because I think there is money to be made, short term and maybe longer too.

My average is 16p so anything below is a bonus.

The search for four new staff, and at those grades is the most positive thing for months. It's been a roller coaster but my glass is now more than half full.

Thank you AS for that posting of the pay wall FT article. If as seems likely this news translates into a 30-45pence SP as soon as Tuesday, that, coupled with improving news on the virus and the market as a whole could lead Saga higher. Add in good news for Saga on the insurance, holiday and cruise market and this share’s only way is UP. I’m looking to £1 early in 2021. If necessary I will sell elsewhere to now back this share.

Fingers crossed for everyone here. It’s not often I back a winner.

Saga’s travel business is not just cruises. They also sell UK and European land based stays also, some of which are not affected by current constraints, restrictions that will hopefully be eased soon.

I bought more at 13.58p this pm.

Saga customers start at aged 50. And can travel with those under 50. My kids are now eligible to buy Saga but I
dare not tell them!

Someone, somewhere is playing games.

300,000 shares bought late Friday. Not me (unfortunately).

Scottish Mortgage Investment Trust PLC - Edinburgh-based global investor - Margaret Maxwell, wife of Non-Executive Director Patrick Maxwell, buys 3,670 shares at GBP9.176 each on Friday for a total of around GBP33,676.

https://www.fool.com/investing/2020/08/20/could-this-help-justify-tesla-stocks-1900-price-ta/

"seven days a week from 5am to midnight, with outside seating and a car park with space for 72 vehicles"

I just topped up at 14.50p. Although the business is apparently split 50/50 travel/insurance I think Saga will be looking to alter that ratio in favour of insurance where there is more profit and less unpredictability. Their loyal customer base gives them a captive audience to which they can sell all types of insurance.