Member Info for buller

Thanks for your kind message. I dont know that much about Saga, but it certainly is a totally different business model and you cant compare at all. HRG was very low risk but also much smaller margins as they were paid a fixed fee for each transaction but never had to take inventory. Saga is more of a touroperator, taking inventory and huge risk with cruises, investment in printing brochures etc. Of course they have a very bespoke market in teh older audience, but it is my feeling that the age where people see themselves as old and willing to go on holiday with the other "oldies" has passed. So Saga is trying to change their philosophy to yes, be for a certain age group, but not be defined at teh elderly and I dont know if that is proving succesful. Of course Saga also has different products such as insurance (not doing very well) and several others but I have not at this stage considered investing in them. Have not studied teh financials in details, I would like other shares with strong dividends and Saga has had that but I dont like their debt and doubt if they can continue to pay these dividends whilst servicing that debt. Honestly havent considered where to reinvest as didnt know this would happen today. I took my whole pension into cash 3 weeks ago as was nervous about the highs we were seeing and I think we are going to see some volatility for some while, so after paying out my mortgage and giving some to the kids (maybe even to the wife) will start looking around for the next HRG. Did top up my BDEV (another one I bought during the 2008 crisis) the other day as they have dropped 100 points and I think building houses will be good for some years to come but other suggestions are very welcome. Hope that helps a little!

My pleasure and glad that I was to some help. That is the beauty of this game, we can all win so when I can help others it doesnt mean I lose out, that is the value of these forums when we learn who you can trust and who is just trying to pump. I have been in this business a long time ( never with HRG, I hasten to add), so I understand the fundamentals which the markets dont as HRG is the only one listed in this type of business. That is why it was always undervalued and only today did we see the true value. With the main man, David Radcliffe getting closer to retirement, it had to happen at some time. He has been remarkably quiet today, by the way. I have sold 60% now and will be celebrating, champagne on the menu tonight and the kids can expect a very nice handout. Hope you enjoy your winnings as well!

In fact Visa are the ones that have bought the technology company from HRG. I cant see any of them getting invovled in the travel agency side. Remember the American Express we are talking abut here has nothing to do with the credit card company of same name. They split this division and sold it a few years ago, so better known today as GBT. The only ones I could see would get in would have been BCD , a major competitor who owned 23% and DNATA, a partner who owned 21% but they have both agree to sell apparently. The only other to consider are 2 other global players Carlson Wagonlit and possibly FCM from Australia, buT I doubt they have the money and I doubt they will pay over 130 which would be what they would have to bid now to get into. This looks like a friendly takeover and it has apparently been on the table for several months, difficult to see anything coming in teh way now. I was thinking monopolies commission as they are 2 of the 3 top companies in this sector in the UK at least getting together, but there are a lot of other companies still out there,s o they shouldnt touch it. Well done to you as well, days like these are few and far between!

In reading a few more details looks like both BCD and DNATA have agreed to sell their shares (They both make more money from this investment in a competitor than they did running travel agencies), so unlikely to face a counter bid. The price is between 110 and 120 depending on the sale of the technology arm Fraedom, so the question is if I should go for the 116 on offer to day or wait for the 120. There is always a risk that something could happen to the deal so will probably cash half in today if I can get above 115. Anyone else cashing or already cashed in?

In reading a few more details looks like both BCD and DNATA have agreed to sell their shares (They both make more money from this investment in a competitor than they did running travel agencies), so unlikely to face a counter bid. The price is between 110 and 120 depending on the sale of the technology arm Fraedom, so the question is if I should go for the 116 on offer to day or wait for the 120. There is always a risk that something could happen to the deal so will probably cash half in today if I can get above 115. Anyone else cashing or already cashed in?

YES, YES, YES, as you say Karlito have said about this for many years, that a bid had to come in and it had to be over 100. This is even better and maybe not from the 2 favourites, BCD and DNATA, that I would have thought. Both of those have over 20 % and will either take the money and run or possibly try a counter bid although I doubt it. I started buying these exactly 10 years, the price dropped to a crazy 5 where I bought a lot more during the crisis. Ended up with about 1/10 of a percent which doesnt sound a lot but for a small private investor is and that was at an average of 11, have tried to get everybody here to join, hope some of you did. For several years had my finger close to the sell button every time we reached a higher level at 70 and then 80 as this share was far too high a proportion of my portfolio but held off waiting for this day where the champagne will pop. Well done HRG and well done , all who have cashed in on these shares :-)

Might have been quiet everywhere else but this share has made sure I have a very happy ending to the year. For a share with so few shares in circulation to increase as this has the last 3-4 weeks and especially today, there must be something going in the background. Certainly patience has paid off and if the bid comes through soon 100 could be just around the corner. Wish you all a very happy new year with loads of profits!

Somebody just bought 800k buy. What do they know and who are they?

Been waiting for this for a long time, back to the days of singe digits. Used to have this as my ultimate target but that changed some time ago. Am considering selling some but would love to know what is behind this recent rise. Is this a takeover with news leaking, I wonder? we always knew it could happen but then what would the price be, 100? Those buying in now surely believe that it has much further to go. Any views? happy days!

IAG (BA etc.) announced that HRG will be the first and till now only TMC to be exempt from their new booking surcharge coming into effect november 1st. At this time it doesn't include UK but looks like it will very soon. dont know if this good news is the reason for the rise today, could be or it could be something I dont know about. In any event great to see these levels!

I heard O'leary. I have never liked him but always thought he was clever in his own devious and self-serving way. This has completely changed my mind. How coudl anyone ever think that they could get away with this. They announced it on the day of the latest bomb and north Korea, so though they got away with it,but now it is top news everywhere. Thi s will cost far more than can be calculated in straight compensation People will book away from Ryanair for now!

Thanks for this info, despite the set back today it has been a really good period and good to see that savvy investors are looking at this compnay. With their 13 % they could be the deciding factor in terms of who could effectuate a possible takeover, BCD or DNATA, Interesting times ahead

The latest move to cancel several thousand flights with no notice and thinking taht they can get away with just paying a refund and no cost or compensation will hit Ryanair extremely hard. 2000 flights, 100 passengers a piece, 200 pounds a perosn. Thats 40 million pounds and yes, I understand they will save something on the flights they dont fly. What i think they dont understand is the down fall in bookings. I am due to go to denmark next week, would normally alwasy go ryanair but do I dare book now and risk being cancelled the day before and stuck with a muchmore expensive BA flight, think not, better pay a little more now and be sure I will get there.How many people willbe thinking exactly like me just now? Uncertainty is what every business should avoid and Ryanir has just cast themselves in deep uncertainty for the next few months. These shares will suffer (but Easyjet shoudl see the benefit)

How anyone can be in doubt that we are being ripped off again is beyond me, not that this was in doubt for years now. What hurts is that it is some of the people who were most vociferous against previous managements for ripping us off (mostly after first supporting them ). It is those people who used to post here all the time who have seen an opportunity to gain back a small amount of what they have lost by becoming directors of a sinking ship or already submerged ship. There is no , I stress NO likelihood that Sefton ever will again become a viable company in any form whatsoever. Somebody might pay some peanuts for the shell but the recent transactions have now assured that general shareholders will get nothing. Of course the only real winner will be Brokerman Dan who I cant understand can look himself in the mirror. After already have taken substantial sums off the company he has now gone back in with a "loan" at 100% interest which is the best way to drain the last few pennies out of the company. It is a farce, ought to be illegal, is definitely immoral and for anyone including myself that thought he had turned a leaf and given up his criminal ways, we can just ascertain the he has become more sophisticated in the way he steals and robs

50.000 pounds at 75, somebody believes in this in a big way!

The pound will probably only come if there is a take over. There is record activity this year in terms of mergers and buyouts in this sector, so it wouldn't surprise me the least that one of the players such as BCD or DNATA will want to strengthen their position before they are threatened by one of the expanding American or Australian conglomerates expanding globally.85 would be very nice through and might get me to ditch some, but the dividend which is pretty solid and shouldn't ever be in danger is nice as I grow closer to retirement age. As for the dividend I can see it has arrived by look at transactions but as yet not available> i am with Hargreaves.

Lovely dividends arrived today, this year's cruise is paid for and 10% since I wrote last just over 3 weeks ago. Always liked this share and no reason I shouldn't continue to do so. Thanks, HRG, onwards and upwards, just until we see the takeover happen that we have waited for .so patiently

all good here, hope the same with you. I guess Bailey wants his share of the pie and getting 300 million shares up front before you do anything might sound good, but my thinking is that Levi will outfox him and grab by far teh biggest slice of the small cake that is left. 100% interest on his loan, come on , that is criminal (pun intended).

I meant Cali fornia Joe was one of teh new directors, dont know why the stars?

I beleive ************** is one of the new directors. Thanks for the tip, will look into it!