Member Info for Anglaterre

Well Batchelor has to go. How is this cretin still in a job? Is he going to steer it into the ground like the Debenhams board have done? We got to get him out. Icebergs? What icebergs? I see no icebergs. Seriously though Batchelor is driving this into the ground. He is clueless. The brand name now is synonymous with failure. I won’t buy a product from SAGA again whilst this cloth eared baboon is in charge

I emailed Mark Watkins a year or so ago about the dismal share price in saga. He just sent me a corporate BS letter stating all was well, the board knew of no reason for the share price fall etc. blah blah blah. The usual rubbish that the private investor is fed. I pulled out because although I thought it was cheap, I didn’t trust Captain LB Pugwash at the helm. The only satisfaction if there is one is that LB shares have decreased in value in line with everyone else’s. Problem is everyone else had to pay for thier shares with hard earned money. Batchelor gets his for free. Sad for investors here and I’m not tempted even at 69 pence.

Well this share has certainly had a kicking. I h@ve been in many shares that have dropped like the proverbial stone for no obvious reason. However, in RMGs case part of the problem is the dividend. It isn’t going to be maintained. Despite management stating that they want to maintain and increase it, the maths state that they cannot do this. So the market reacts with savage cuts which are out of proportion to the problems. No one knows where this is heading, but my instinct tells me that it has been driven very low to mop up shares for market makers. Watch out for stop losses being triggered in the short term. It will turn, however unlikely that seems now. I’ve lived through twenty five years of trading shares and have seen this many times. It’s not going bust though. RMG is a behemoth which have numerous staff issues, productivity issues etc. It’s going to take time and clever management to turn this around, but the bottom line is the share has been driven too low and will recover somewhat whoever is in charge.

I’ve got to agree that PLT should have been bought outright. When the time comes to buy the remaining percentage it will be at market rates. Which means it’s going to be very expensive. Kamani has acted with nepotism and greed. Because of this the market could well punish the Boo share price when it comes to purchase PLT.

I received an email back from the whistleblowers team this morning. They have passed the information onto the relevant team. The person that emailed me is Kirsty Torode-Sims. I will ask for an update in due course and will ask them the following. How did Greenvale come to the conclusion that Boohoo was worth shorting? What research did they use? Greenvale state in thier sales blurb that they research for long and short. So they can exonerate themselves by showing the rest of the world how they have come to such a fortuitous conclusion. Or not. For interest they are also shorting Plus500. Which is today’s biggest percentage wise loser today. Either Greenvale are very good at what they do or they have a helping hand. I know which one I believe.

18th October 2018 Merril Lynch issued a brokers note. All positive, three pillars to success, expect revenue to triple over five years etc blah blah blah. Less than four months later it has issued another brokers note this time critical of Boohoo. No accountability, no apologies for getting it wrong. Well, one of thier notes is wrong. We might as well listen to the motley fool which regularly print conflicting information on the same share and tellingly don’t date thier articles. Work it out. Honestly I despair of the stock market. It’s just vultures living off other people’s cash.

Streets36. Obviously I share your annoyance but complaining to the FCA isn’t the answer as they don’t give a toss. It’s actually quite a normal trading pattern. That doesn’t make it right though. MMs are corrupt and get it all thier own way. Small PI can only hope to make a few quid. It isn’t a level playing field as we are starved of any meaningful information so can only make a hopeful punt at a share as when news about a share is made public then the damage is already done. We can only be reactive in a share and not proactive as there isn’t enough information to give a meaningful insight into where a share is heading. Look at ASOS. No one except the Market Makers know where this is heading. It’s down 10 per cent today. It’s a flip,of a coin,up or down. GLA

Hi Romany Roe. Where do you get the information on the shorts? The only info I can find is for 0.5 and above. It would be useful to know your source of information.

We got shafted by the mms on Tuesday. I was in with 80k s worth. Dropped serious cash. In hindsight though what it has taught me is that it was never going to rise that day. The mms didn’t auction, which is a surprise in itself. They knew they were going to drop it so ran it up in the days leading up to the trading update. And it dropped like a stone on opening. Which leads me to wonder how I can avoid being played like that again. The truth of it is that I can’t avoid it unless I never trade again. Which isn’t going to happen. So, I’m going to sit on the shares untill they reach £2.05. Which in time they will. Equally though the share on the next update might not be as good and the share will fly. No one knows except the mms. It’s a very unequal playing field where the PI is starved of information. It’s Hard to take as I based the buy on a good set of results. And they were but we got taken for a ride

I did state on a former post just before the last results that I could see them being driven down to £38. With Morgan Stanley’s broker note the other day this now looks likely to drop even further. But look at it realistically. Capex has been overstretched. But they will now reap the rewards from capex. It’s been a calculated move and will pay off. The share after this scare will rise again.

First post on this board but I have been reading it for some time. I trade in and out of Glen and other stocks and last bought in at 297. I have seen what is happening here many times on other stocks. My advice to all private investors is to sit tight. Market makers will squeeze a stock hoping that investors will sell as they are sick of seeing daily losses. OPEC meeting today and tomorrow will see some stability as the oil output will be curbed to some degree. Glencore is making money. This should rebound. Whilst nothing is set in stone you can be sure that this is part of a downturn that will pass. If you do sell you will still be looking at the price of Glencore so won’t be free of it anyway. Stick tight. It will come good

Yes I think it will bounce about a bit but ultimately hit 3800. That shakes out all the nervy investors. It will sit around at that pric3 for some time before an explosive reclimb on the back of some good results. The only th8ng that will stop it plummeting in the next four weeks is wednesdays results. But, given the way this share is being savaged I do think that whatever the result on Wednesday the mms will still slice the price

Market makers. Squeeze the small investor till he sells in desperation,then mop up the shares. The thing with a share is that you are never free of it. Sell too early and watch in pain when it rises. Whether you are in or out you always w@tch it. The devils concoction. Lol

Market makers dropping the price on no news is an old trick that they do time after time. They are dropping the price, buying up the shares and expecting the price to rise substantially a week Wednesday. It doesn’t always pan out that way but look at the fundamentals. More buyers than sellers. No adverse news. P/e is high but this isn’t a re rate. Market makers cause carnage in a share price to instil panic. Hold tight. It will come good

Jl5006. My view point on Peel Hunt is that they are so wrong ,so often that you may as well discount thier guidance as historically they get it wrong nearly every time. I don�t believe seasoned investors would take advice or guidance from them. You would go bankrupt imo. But all these are just my viewpoint which is what this B.B. is about. So yes it is relevant that even though I don�t hold these shares any more I still retain an interest in them.

Arsenal 58 no offence taken at all. No I�m not a new investor. I have been investing for 25 years. Saga on the surface seems a screaming buy. But it�s the lack of news which is the worry. I emailed LB and Mark WAtson and eventually got thestandard email from MW which others have got. I took the decision, rightly or wrongly, to take a big loss on Saga and sell as I do not want to lose any more money on this share, and it is a distinct possibility that any negative news will send it a lot lower. I have lost in the past on Lloyds, Maelor and Cambridge surgical instruments, marks and Spencer, Debenhams. So know the pain that comes with share losses. I use SAGA products and find them a good company for the consumer but not at present as a shareholder

Mulder , peel Hunt are an absolute joke of @n analyst. They are seriously off the mark on almost every share. It has got to the point with Peel Hunt that I use them as a guide line to not invest if they recommend a price or a share. Don�t put any faith in them. You will get burned. I sold my SAGA shares at a big loss as I don�t h@ve the confidence that there isn�t more bad news on its way. If there isn�t any bad new# then the share will rise. It�s a gamble.

Time to hold your nerves I think. MMS driving it down trying to trigger sell points. It could go lower due to this. But, if LB is to believed and there is no othe adverse news then this share on the fundamentals has to rise. The city is a bloodbath at the moment with almost daily profit warnings. I did average down on the initial price drop and bought in at �1.35. Now sitting on a �15k drop. It hurts. But will continue to hold.

Gilpat, what is wrong with you. Your posts about Jambon are juvenile madman rantings coming from an insecure person . Reading your posts leads me to think that you are living in cloud cuckoo land. We all lose money on shares periodically. It�s the game. Leave the man alone.

This share has obviously tanked. But the dividend although generous doesn't actually count for anything. The share goes down by the dividend so there is no point to the dividend. We're all hurting from this share