Member Info for Batfasted

Diandto
How is your plan going to “selling at 1.38. Will buy back at 1.24”?

Gra2am. You are looking at the price (or 310) before the market has opened and so it has not yet been established as there could be no trades before it was open. The price is established once trading begins.

Thanks Joe. I thought you would be joking but wasn’t sure. I saw a slight improvement in the SP and wondered if it was the start of the recovery.

Hi Joesoap
Are there rumours about RDH taking it private or were you joking?

Diandto. How the F do you know what the price will be on a date in the future?

Seems a strange situation when cash at bank and in hand was £226.9M at jan 2022 and more cash generated since whereas MCap is only £210M now. It underlines the argument that the Company is massively undervalued.

Banbury has done plenty of analysis to show that 75% capacity is sufficient but Diandto has not been listening.

Thank you Magic. Are you saying that if the general public (holding 20.8%) do not start to sell then the SP will continue to languish at this low level? If so, is it similar to Diandto’s view that the Company is going nowhere slowly?

The CEO said that we should not sell at this price and he predicted a price of £6 in 5 years to trigger the employee incentive schemes. So he clearly does not agree with you Diandto. Also the chairman bought a large quantity of shares at a much higher price and so he doesn’t agree with you either. Is there something you know that the CEO and Chairman don’t know? If so then please let us know too? Thank you.

Does anybody understand why there are not big share purchases or a takeover bid if this price is truly such a bargain?

Hi Alnwick
I totally agree with you but I have already put far too much into this one share foolishly hoping that one day it would pay out big style. Frankly I now do not have the funds to buy more or I would. I need a pay out before the wife finds out where our money is.

Euan said the SP should be £6 in 5 years but I don’t know whether I want to wait that long. Where will it be in the next 2 or 3 years?

Well done Poker. Good posts.

The SP was falling without apparent reason during September 2020 just prior to the £150M share placement and consolidation. Nobody could understand the reason for the SP falling then. Similarly it might be that a big surprise is coming soon.

Banbury
You have not gone wrong. Your posts are full of top quality information and analysis and the life blood of this forum. These two guys are not worth a light and they are not right.

Diandto and Buglet11 both popped up at the same time, 22nd and 23rd June. Neither has previously posted on this forum and yet in less than a week they have posted 22 negative posts about Saga’s prospects and nothing else about Saga or any other company. You could say they appear to be colluding to drive the price down without providing any reasoned arguments. I think it is best to ignore them rather than debate with them. They should be recognised for what they are. i.e. C U Next Tuesday.

Pokerchips
Good posts as usual Poker. Thanks for trying to keep the debate sensible.

Spights
Where on earth do you get “shorted to death” ? Short positions are only a small percentage . Also the offer was not £5.40.

So there must be a reason for the SP being driven down other than for somebody to make short term gains on movements in the SP by short selling. For example somebody might be planning a takeover.

Hi Spights.
Thank you. Yes. I understand that. However there would be less risk and more potential gain for the shorter if they attacked a share that was overvalued. It is much more difficult for the shorter to win if the SP is already undervalued.