Member Info for Banburyboy

I like that the telegraph article is actually the company director not a reporter and think the message is hugely positive. Really interested in Dofus view as an insider. I feel momentum and £3 close today. 20p in pre decimal that our customers grew up with :)

289 to sell !! Telegrapgh article ?

Dofus any views on the telegrapgh article ? In particular FCO advice re cruises which seems to be the one thing saga really want. Appreciative your background means you will know more than most ? Regards Banbury

Fair point Rupans. At least you can copy and post in bulk. Thats a skill im bereft of. Still good news and nice shift up in SP this morning

Rupans your post cut off the best part of the interview.
"With vacines in sight bookings have doubled in recent weeks. Weve never seen such high demand in our 24 years of crusing. Resilience is extraordinary amongst our customers"
To me this is a screaming buy and massively undervalued.
If the company could include new bookings in a trading RNS with some indication on the value of reduced insurance claims since covid (which they have never mentioned) this will fly. To anybody sat on the fence i would buy in now before its too late as i cant see this retracing. ATB Banbury

I do think the older cruisers will take comfort from and be massively reassured by the accreditation. Remember its not just covid its legionaores. Marketing wise i think this is a bigger plus than the SP has indicated today. Happy to hold . I think advance bookings will be excellent. There is a guy on halfords called emerald carrots who offers a running commentary on bike avaiibility he called it brilliantly on the rise from 65p to 280p. Kicking myself for bailing at 90p not making that mistake here . Anyone know if you can do something similer from the saga website on cruises and assess bookings on say a cruise over a period of time ?

Select many thanks for the clarification. Rox welcome back and looks like the rns news will bring a smile back.

I reccollect Rox,s sudden arrival and concerted work on Tables and how to factor in £140m. A week and he was gone in the proverbial puff.. I do also remember mention of the AA and a poster meentioning on this board he would do the exact opposite of anything rox did as he so oftern calls it wrong on other boards . A month later and lightening has struck again . Rox is not midas and seems to have the polar opposite phyciologcal diagnosis of Donald Trump not shy of losing and a need to confess to every loss. Very strange but each to their own.
I dont comment on other boards so all observations restricted and taken from saga chat.
Welcome back Rox if you are buying back in many on here are saying sit on you hands, lock away in the draw or go away and come back on st ledger day. Might be the way to go this timev?

Millionaire - they did a great presentation on the investor relations site on key cruise sensativities.
I recollect £40m ebit&d was based on 80% load factor and some discounting. Its a covid play but i think load will be closer to 100% and margins (full price sales) will be maerially higher. Uk based ,trusted brand ,door to door chaufering ,uk depatures, travel insurance cross selling , brand new ships. Take covid out and i would put the kids / dogs cats and wife on cruise earnings being exceptionally higher than planned.

Joe Soap - problem with an Rdh offer which im not convinced is likely is it will have to at a big premium. Not sure how many shares are with institutions who would prearrange acceptance.But if he offered five pounds today how many of us would take it ? Not sure i would. The longet he waits the bigger the price. In my simple head hes providing us with leadership and funding and is not in for the take over. If millionsire is right and its £8-10 thats a cool £194m to £267m clear profit on his £100m investment. Cash in the bank was doing nothing and i think he saw this as low risk and cool return as well as "saving" a company that close to his heart.

£8.is my punt

Interims will be out and if (1) covid is history (2) foward bookings are 80% on cruise i cant see why not . Pure covid play to me

If that Maths is right you are on to a winner. Thats an incremental £10bn ( 23m a day) per annum all to bottom line as costs unaltered.

Hi Twiglett the accounts show travel has 2000 + staff employed. I had wondered why they were not furloughed or wages lower in interim they were not so Saga still paying hence £6_ £8m cash burn pm . . So inference is many staff are uk based.

I think its dofus who used to work on travel side who might confirm or anyone been cruising with Saga ?

Jed - on any metric i think Saga is worth more than £490m which £3.50 implies.
Insurance profit £120 plus a year
Pent up cruise demand no need for discounting
Niche position door to door transport uk based
New ships
Comments by ex member of staff on this board re Titan very positive on value.
Rogue goodwill comments. Travel at nil. Insurance at goodwill carrying at half valuation of Hastings.
I see fair value in the summer with Cruises at full capacity and strong foward order book £8-£10.

Bats its hargreaves landsdown.

Slow steady allways happy to learn. I oftern do dummy sells and never seen it go to negotiated trade so late in the day 4.27 to 4.30. Probably means nothing but i found it unusual. Hopefully my other posts are more informative than this

H/ L in auction for last three minutes trading. Bodes well for close and tommorrow

Volume still 3m good for a Friday. Really think with volumes as they have been last few weeks floor is £2.50. Have a good feeling about my investment now previously still had a worry but thats going !

Drifty ill take your £4.50 Feb 20th . 50% upside from here.
Papalazz thanks i missed that

Drifty . I too like the stability. High volumes mean more and more holders with £3 averages which feeds less profit taking and volitility. Next jumps will be
1 Oxford
2 Vaccination role out
3 Govt approval of cruising.
I will be greedy and add RNS on impact of heavily reduced claims on earnings
I fancy 75p for each of the three and £5.25 in Feb
How good would that be !!

Very quiet on here given how impressive this is. Volumes slightly lower in last two hours but still high. Trading in £3.00 £3.10 range.
Followed this share for ages and this is the first time ive felt confident that we have a sustainable floor in price.