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GLA
Not sure what you meant you have just repeated what I said it will be a good buying opportunity. Not sure wher the charity bit comes into it or me having a laugh. But I'm sure you know what you meant.
50% would be uneconomical I believe 80% is break even. This might result in another price drop due to people overreacting, maybe a buying opportunity if it drops to less than 3.50.
I thought the SP rise today was due to setanta loading up.
You need to understand that the insurance business isn't great, my estimate of £4.40 to £4.60 is what I expect after the full year results next year. Saga wasn't a great business before covid but it has clearly fallen in price below it's value therefore I think there is room a recovery but I think some people on this board have expectations that are not realistic.
More positive news should lead to another drop in the SP. This really is a strange situation. I have never known a share like it. But I just know all will come good. My target price is £4.40 and I am totally convinced we will get there by this time next year.
I've heard many quotes about share buying over the years but the one that sticks in my mind is.
"The stock market is a tool to take money from the impatient and give it to the patient" I am very patient.
It really is a mystery the SP should be well above £4 based on all the evidence and current situation. People have blamed setanta for selling shares but this can't be the situation now. I hope someone can come up with an idea as to why this crash in SP is taking place.
The only problem with these reports is every time we get a positive the SP falls. I have seen much speculation about the SP £6 £7 £10 even £12 but in truth does anyone really believe bthe price will rise above £4 this year? I am fully committed to the stock and believe it will eventually show growth as well as dividends.in 2/3 years time.
I had planned to top up today with a few more shares but the ii spread is crazy 3.15 sell 3.74 buy.
Can someone please explain why they think the SP doesn't seem to be able to rise above £4.
All is going so well, vaccinations, cruises fully booked. To my mind everything seems perfect, I intend to keep my holding in this stock as I still see long term gains. But I am just wondering what others think is holding the SP back. I'm probably missing something and I'm always happy to be educated.
Looks like the SP got another nose bleed as it neared the dizzy hight if £4 I'm sure one day it will over come this and climb above £4 just a question of when.
I don't believe there will be any new announcements until Monday 19th I believe all political announcements are delayed until after the funeral.
Not sure why people think the travel announcement is tomorrow I'm pretty sure is is scheduled for Monday 12th.
I'm convinced the saga SP suffers from acrophobia every time it climbs above £4 it panics and has to come back down. Maybe someone could offer a cure.
Not too sure why people are so concerned about additional shares the way the sp is falling we will all be able to buy boatload at 2.70
I'm with II how did you get your allocation?
How comes the shares crashed from a high of 50p to where we are today?
I have been watching Qfi for some time and have decided its the time to get involved so I have invested at 3.98. The reason for my apology is that my track record is terrible and I fully expect a drop of at least 25%.