Member Info for Batfasted

My prediction is 618.

Hey Alnwick. I would be grateful if you would let me know your reasoning for saying £10 SP is a real prospect in the near future.

I know that we have both been hanging on to very large holdings in Saga for a very long time but I am considering whether it continues to be a good idea. Substantial capital growth in the last year but no dividends on the horizon.

Would a deadly virus on a cruise ship affect Saga’s cruise ship business?

Hi Alnwick. I hope you are right about the SP reaching £10. I have sold quite a lot of Saga shares recently as I had far too much invested in one share. I still have far too much in Saga but I am going to hold for now and see if I can make more profit when it reaches £10.

Hi Bertmonkey. I have looked up the old posts on this to help clarify the dilution.

I have pasted a section from one previous posts made about 5 years ago. This explains the situation based on the change in the number of shares in issue causing a dilution at the time of consolidation.


Stage1: 
1,122,003,328 (1.1 BILLION) shares BEFORE dilution. 


Stage2: 
2,093,921,536 (2.1 BILLION) shares AFTER dilution. 



Stage3
: 139,594,769 (140 MILLION) shares AFTER 15:1 Consolidation.



If we simply divide the new share price by 15 (which most do) this will convert it to the mid stage2 completely ignoring the extra billion shares.

It needs converting AGAIN (effectively doubling) to get back to the ‘OLD’ share price Stage1. 

The easy answer is to miss out Stage2 and either divide or multiply the share price by 8.04 to get the ‘OLD’ or ‘NEW’ share price depending of course which one you start with or are after. 

1,122,003,328/139,594,769 = 8.04

I hope this helps.

You should have held the shares in a tax-free wrapper. I would’t sell before moving them to a tax-free wrapper. You will have a new ISA allowance in April.

Why is the price falling? Why hasn’t there been an announcement of the date of the trading update?

Have we seen any benefit of entering the ftse250?

Hey Alnwick. Thanks for the invitation. I intend to be there.

Hey Thomson. You are really in your element now with all the good news coming. Good Luck.

No. It is always end of January but unusually the date has not been published this year yet.

Does anybody know the date for the Trading Update? Nothing seems to be published so far.

Happy Christmas to you too Thomson and thanks for the tip off about Good News is coming. Lol.

Kev. You are a great Forest fan.

I hope you win your bet.

Well done Buglet. I hope you make a lot more profit.

Unhooked: Trading announcement is 30th January 2026.

Ppy. What is the Ageas Update you mention and when is it expected?

I agree with you Kev and I’m glad to see you are a Forest fan.

Yes. Hope so but the days before results day don’t really matter unless you are trading on these days. I am looking forward to the big rise after the results are announced.