Euan Sutherland and James Quin will hold a conference call for analysts and investors at 09.30. The conference call can be accessed on: UK: +44 (0) 20 3936 2999, all other locations: +44 (0) 20 3936 2999. Participant access code: 805740.
One thing I’ve noticed in the market is when there is good news, the SP falls/flattens. When not so good news it rises? Very bizarre. I think it will take 24/48 hours for the good results to filter through. There seems to be a lot of new private investors, including myself by the way, who automatically think, great there is a recovery, and go straight for the big brands, like Easyjet, Jet2 & TUI etc as inexperienced and not done research. It’s the little gems little Saga, fairly under the radar which will go unnoticed. IMHO, DYOR. P.s. Any company in this Covid climate that makes a profit is a goer. Especially under the new family management. We seem to forget apart from a few that it’s a 70% insurance company.
Thanks Banbury, excellent. I just looked this morning at 11am and then 15.30, to see what rate there being booked at.
36 Cabins have been booked between 11 am and 3pm. So looking at 8 cabins an hour being sold, and that's before the announcement. I'm only checking as off work and bored now, so no way stealing your thunder mate, estimating the speed of sale shows demand as well.
Haha don’t you start Rox. Great question, totally get you.
I think this sentence sums it up -
Generally speaking, the law of the sea stipulates that maritime countries essentially control their territorial waters from the shore out to a distance of 12 miles (19.3 km), the “12-mile limit.” Within this zone, all laws of that country apply.
So essentially same as you being on there land. It wouldn’t stop cruise lines sailing in International Waters and be Saga Pirates....but cannot dock for supplies.