Member Info for Buglet11

May be headed under£1.00. Can they refinance their borrowing? Judging by the collapse, there must be some doubt about it. I have topped up at 1.10 with my last tranche. Now just cross fingers.

Yes it is

I am enjoying the volatility, at the moment it’s a traders dream

Saga continues to be a good trading share, not an investment

Sadly SK was right, my hope for good results is long gone. Now it’s just how much it will fall. I will look to top up at about 1.30 if we drop that far.

Alternatively, results are OK and AK announces new initiative or disposal and shares rise 10p. Frankly it’s a guess as to which is more likely, but I’m not selling.

We are drifting a long way from a BT share forum. Can you guys agree to differ and leave it at that.

Sadly things have changed since then. Moody’s downgrade and the Marine Investigation have taken their toll. I am hoping and expect a return to 1.30 ish fairly soon, but after that we will need some positive news.

I am virtually at my limit, would put another 10K in if it fell to £1. That would be it. So, really hope you are right aspers, but I am not as optimistic. This management always seems to get it wrong somehow.

Why do you feel it will take off when the deal is public knowledge? Or is this another deal?

OK, you asked. On the one hand I believe BT is fundamentally undervalued and will eventually rise quite handsomely as costs are cut long term. However short term I see nothing on the horizon to drive it forward. No one mentions the court case, but it’s still there, a clear downside risk. Other than an extraordinarily unlikely bid, I think we are stuck between 1.20 and 1.50. I will look to trade that range

Whilst not necessarily agreeing with the political content, I think SK has a good awareness of the macro issues and is proving to be a helpful balance on the forum

Rogue, please stop this irritating obsession with picking fault with my posts. After the proposed insurance deal was announced, the shares climbed to 1.50 intra day, when I sold a few. It fell back to 1.36 at close. Hence why you produce your clever witty remark about January. I am pretty good at buying and selling Saga shares in the main, but I think my latest top up at about 1.20 is going to prove to be an error. Hope not.

Lost 25% sorry

My brief period of optimism was short lived, although I did sell a few at 1.45, sadly nothing like enough. Your last post is hardly a laugh a minute either in truth.

Anyway, I have bought back in and now must hope for a miracle. To think it reached 1.48 two weeks ago and has 25% or so since then. Staggering.

You know what I mean, don’t be so pedantic

Plus the attendant bad press as the case drags on. It seems that the torrent of bad news has drowned out any goodwill from the insurance deal. Saga HAS to do a deal on the ships or it’s dead. Fingers crossed.

Hard to see why they downgrade it now after basically good news. Surely it should have already been a lower rating. In my view these agencies are nearly always behind the curve and just cover themselves in case of a disaster.

The drop today is overcooked imo. Topped up after selling a chunk at 1.45

Agreed, I am getting increasingly worried

153, managed a few trades along the way, was originally 297

Lucky they had the time to squeeze in sorting their bonus shares.