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Cheers Leo, the problem is we can’t see any good news come soon to lift the share price, hope we are bottomed. All cruise shares dropped 5% again in US market, I don’t know when share price will turn around, maybe couple weeks or months. Only thing I hope is green light for international cruise or RDH decide to take saga private.
But, we never know what the market think, may start go up from next week.
Anyway, I will hold. I was hold at 120p last year, so nothing scares me. Saga has more than 140m cash in hand, we will win! Gla
Leo. Sorry my last reply was rubbish. Let me answer your question seriously.
250k buy everyday looks from same person or investor. Because not a lot people buy this large amount in one order. The order as this big size must placed hour or hours before gone through, so the large buy order was supporting the share price. But, when this large order gone, the share price going down fast as no more buys to support. There is very small chance someone buy big and selling lower in small proportions, why not just short it? This is my view.
Leo, it’s not what I suggested, but it’s possible, haha. What I suggesting is the share price going down fast almost after big buys every time. But today is better, so far.
Another 250k buy at 12:06, I guess share price may drop fast again from now.
It’s looks bull and bear are fighting again as most early morning trade. Hope bull will win, but other travels still dropping.
Is gov going to say something about the light system later today? Really wants to know when they will update the international cruises.
I lost more than 110k in saga last couple weeks, and my portfolio 100% travel and recover shares, lol. I will be crying if not still in profit. But, it’s hurt and hopeless. The market is dangerous. Haha. Gla
The market is crazy at this moment, all travels keep dropping in last three weeks or so. No idea what kind news will turn the share price around. It’s too late to do anything, I just wait! Gla
Yes, you are right! The price drop faster after big buys everyday. It’s really hurt!
Hope we are bottomed, and another 250k buy at 9:39. It’s interesting
All travel and reopen shares are lost around 30% this month, not only UK. US and Europe shares are same. The problem is when will turn around? There are no positive news coming soon. Hope FCO lift international cruise ban to give us some good news.
The share price just hit 200days average 349.67, then rebound. Hope this is the bottom tested.
Millionaire, and i seen at least four over 200k shares purchase in last couple trading days. I know you are a big holder in here, I do hold big portion as well. But non of us will buy 200k plus shares in one order, isn’t it? So, must be someone rich and know something or very confident about saga.
By the way, I don’t think we will see saga share price multi from now, as PE or RDH even RDH will work with PE together to takeover Saga. The reason is simple, the big boys will move fast if we are right about future of Saga share price.
Keep dropping almost every day without support is very strange. No rns for holdings means no big holder selling, and no short over 0.5% as well. Seen 200k plus shares in single purchase almost everyday. So, my guess is someone playing a dirty game.
Admiral had small rise yesterday as market already priced in better insurance profit than last year. It’s a good support but not enough to lift saga share price. The market still looking for travel and cruise side of saga. Still no green light for international cruises restart and covid may getting worse in the future. I think we need some positive news about covid numbers or market decide to ignore delta. Anyway, nothing we can do here other than wait.
Everything looking good, just travel industry and the market are dragging saga share price. And looking forward green light to international cruises.
It’s odd, there are no reasons for this keep dropping base what we know, is new bond issues? I was expect to see rns about saga new bond yesterday or today. I think new bond close day was last Friday. Also, the travel shares are all dropping around the world.
Sum, you are right. And the market are right at most of times. It’s still all about covid and recovery. Hope we see new high when more good news comes in next two months.
Sum, thanks for put those numbers in together. It’s bid difficult to say the numbers when cruises fully restart as we got a new ship there is no history earning to check. But, what I know is forecast from brokers, they are profit forecasts are 21/22 22m, 22/23 80m. As we all know that insurance make 140m per year, so the forecasts must base on travel and cruises still lost money in current and next year, just next year will be better than current year. As I said before, my guess is if travel cruises back to normal from July Aug then those forecast numbers should doubled, so the share price double as well. But, it’s still unknown til covid really is history or gov fully reopen travel and green light for international cruises.
Beachbum, agreed other cruises and travel been bad last month, and saga was good before last Thursday . I think most us feeling bad because of share price keep going down without support, 7 red days!:-(.
I do believe more good news for travels in coming weeks, only not sure about international cruises restart as no news mentioned it.
Anyway, I will keep hold and wait. As all of us believes saga has future.
Thanks Banbury, I will leave the tour problem for now. I guess the market may worried about international cruise restart or a holder is selling. Hope will find out what happens soon.