Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Haha, unfortunately, he is not old enough to sailing on saga ships. Same as myself, sailing on saga ships is only reason I want to getting older, lol.
Waiting for rns about directors awards this year, last year was award on 24Jun and rns on 25th. Last year, award was calculate base on 18.04p per share when share price was 16p. Interesting see what is the price on this year’s award. By the way, is possible they made the price lower from yesterday to get more award shares, lol. Just joking.
I think the rns just normal procedure of issue bonds, what we looking for is the the rate and is all 250m sold?
I feel Hand**** is just a normal person, he is not good for this job at this time, but who could than him? Look around the world, all politicians are much worse than many years ago. The reason is simple, no elite like to be a politician, only those who like to take short cuts does.
It’s shame sailing only 50% capacity, and I really like to thanks those people who will sailing on saga cruises this year! What a mess! Change departure dates and itinerary many times.
I agree that 700p is possible in short term. But, we need confirmation on vaccine is really works on delta. It’s last problem we are facing in short term. Next month will be important, is international cruises restart? How is our new bond? Fully reopen on 19th Jul….. I see more positive than negative. So, anything between 500-700 is possible depends on market.
Yes you are right millionaire, no shares are blue everyday. By the way, most of small travel and reopen companies are red today, so maybe nothing to do with saga.
My another guess is rise covid cases worries the market, this delta variant is bad, it will infect other counties very soon. Just same as here in the UK.
I was asking myself same question as well. Was good this morning and I walked away thinking we may finish +-1%, but 3% down was a bit too much. Yes, we did have two good days or two good weeks, but nothing to make people sell. It doesn’t look like profit taking as the vol is low. The best guess is IIs try too make the price lower then they would buy more. Anyway, nothing to worry about at this moment, I think. Hope a nice blue day tomorrow, more places in green list and more important: “Grant Shapps, also announced that UK residents who are fully vaccinated will not have to isolate when travelling back from amber list countries.“ I believe means our ships will sailing international from Aug as planned.
Yes, a lot of news will come soon, and looks most positive. Hope send saga share price to above 500p soon.
You are welcome Sheltie, your 700 target is lower end in here and highly possible as soon as international cruises start and good numbers for first half by September. Then saga will back to ftse250 and 1000p will come sometime next year.
Hope I am right, lol. Anyway, difficult to say target but this will keep going up.
Gla
I think highly possible bid will coming soon, or very good pipe offer as sky news reported weeks ago.
Sheltie. This is it:” Saga (LON:SAGA) (I hold) - financing changes proposed. I see this positively in principle, moving riskier bank debt onto safer, longer-term (and covenant-free) bonds. This would also provide another £80m of cash headroom, which is already ample, per trading update last week. I remain firmly bullish on this share, with a personal price target of 1000p in due course, I explain my workings & rationale below.”
And link: https://www.stockopedia.com/content/small-cap-value-report-22-june-2021-cgs-g4m-saga-crpr-mcl-tri-826729/
Thanks slownsteady, it’s nice to see more people has same view as us.
I am really enjoyed to read everyone’s post, hope saga keep us happy forever. Agree with you guys, the future looking good, anything from 700-1200p are possible. Just read a this from stockopedia:” Saga (LON:SAGA) (I hold) - financing changes proposed. I see this positively in principle, moving riskier bank debt onto safer, longer-term (and covenant-free) bonds. This would also provide another £80m of cash headroom, which is already ample, per trading update last week. I remain firmly bullish on this share, with a personal price target of 1000p in due course”
I didn’t check the full story, as I think must be same view as us.
Looking for another blue day today, why other travel shares looks quiet? There are a lot rumours positive to travels.
Gla
Maybe most of us already read this, moody’s review is good:” Moody's affirmed Saga's B1 rating, four notches off investment grade, following the announcement. The agency changed its outlook to stable from negative, saying Saga has strengthened its financial position and it expects a steadily improving profitability as travel resumes.
The GBP250 million bond will improve Saga's financial flexibility and enable it to handle downside scenarios, Moody's said.”
As the most comments today, when cruises really restarted the price will be a lot higher.
We may able to get in ftse 250 by September.
Gla
It’s a good day so far, we been wait four months to get 440+, hope there is more to come.
Rox, SAR is different kind of share to dealing with, it’s okay for small money, but saga is the one to put hundreds thousands pounds in and wait to get double or triple.
Banbury, do you think more bond less bank loans meaning chance to start pay dividends earlier?
Banbury, agree with you. hope travel go back to normal sooner then saga may sell Titan, as no one buying it right now. Still a lot decisions for manage term to make.
Sorry I mean travel and cruises still in unknown, no one knows what’s going on in next 12 months time
Thanks Banbury, I think it’s a good plan as travel and cruises still in I know for next 6-12 months. We have to pay that ship loan next year, so it’s better to get some money in the pocket. As least no another placing or right issue needed.
By the way, I think new bond also means no sell of tour any time soon.