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Woodstock. The comment to preserve funds is 100% correct. Putting money into Saga ain't going to do that 4sure

With the greatest respect to all. We've all stayed the course with Saga. Remember they were 200p once now just above 30p. Honestly the odds on this garbage going sub 30p, then sub 20p, then sub 10p is highly likely because the 'fundementals' that others quote as positive have today been shown to be 'crap'. TCG is now a 15p share is there anyone who thinks Saga has more upside. I don't.and neither does the CEO who is likely now on 'paid leave' till January given he's leaving on agreeable terms. Means he was 'sacked'

As for Lloyds. I'm pretty sure they will not lose 90% if the SP value any time soon and the divi is well covered so simple maths tells me any money invested is giving me something back. Put that same money in Saga and you get whar back. More bloody pain and sleepless nights.

All theory of course and everyone do they're own thing but for me I see no upside to Saga and the few shares I still hold will put in the drawer and leave to the grandkids in my Will. Sure they will be as pissed off as I am now losing money to this crap

Not my business but better invest in another stock like Lloyds or similar with little risk but a reasonable divi. Saga is sadly a 'falling knife' and I speak from experience I hold Saga crap shares as well. Dumped most but holding a few but no way put any more in 4sure

Sad to say 'I told you so' but this crap is now a 'penny' share with no upside. Insurance side is not improving just treading water losing more and more customers. As for the travel side who said it makes money. 3 million estimated loss and really 4% drop off in revenue. Who said Saga was a good bet??

All theory of course but anyone waiting for a return on their investment better have a 10 year view. What next could get worse. I suppose no mention of the divi was a bonus but really how long before that's dumped and a 'cash call' is announced??

RNS was wrong. The 'buy' was 10,000 not 1million. Hardly a raging endorsement at 36p each but sure she could afford it.

Ji50006 . Good guess at half way bit warmer and not so wet.

Any ideas on the volume of small 'sells' or is this just day traders in/out. Unusual if so with an Aim stock given the 'spread' ++ costs.

On 'intangibles' for FCRM this increased pretty dramatically to 27m year on year. Really do not like the word used because really has no true value on percieved value on 'brand name' value by example. I have to figure this could reduce and if so 'perceived' asset value would reduce in turn. Also return on capital reduced albeit guidance gives both revenue and EBITDA improved. Hard to see the negatives but the sooner the July statement comes the better.

In between I expect to see more RNS on 'holdings'. Could be up or down but up looks favorite with Bayford.

All theory of course but hopefully this one will be rewarding

Bellers. Thanks for that and 'commercialy sensitive' could be a 'double edged sword' . Good or bad news but sure we will find out soon enough. SP drifting with multiple small volume sells last couple of days. Still remain optomistic on this company given recent Bayford involvement but still theory only until RNS hits.

Question. Intangibles for FCRM stand at 27m. Up from low 8m previous year. Is this the 'non cash' issue raised in their last statement and if so is this the problem. Any significant downgrade on this would impact overal on Company Assett Value but not ROCE??

Jl5006

Your seeing trades were not so any idea on volume imbalance on the sell side?? All I'm seeing is low volume multiple sells. Should we be worried or is this minor holders taking advantage of the uptick.

Sorry its early for you 11.04 for me in the morning.

And yes we will know soon but no reason not to try and forsee possibilities. Possibly wrong but theories voiced over the weekend have some logic but the BR issue is worry.

Jl5006
Live on the other side of the world in my later years hence the time zone difference. I really don't have indigestion just a bit of arthritis but thanks for worrying after my health

Saga was owned before by a VC. Guess same 'vultures' circling now waiting to pick the 'carcass' after Wednesday.

Ok a mini bounce on the news coverage but lets see what the update brings. Guess remains the divi is cut to save cash and calm 'lenders' nerves. As for a 'rights issue'. My guess a 50/50 call. If they do both then as with Kier today the SP will 'tank' to the 'coupon' share value on the 'issue'.

All theory of course and I really hope I'm wrong for all who sale the good ship Saga.

Add to this Twelve Group took a 4++% holding in Just Group.

If ever 150p was hit we would all be happy. My guess is some VC would kill that off sooner rather than later. Possible uptick this week with all the news coverage being good and bad.

Read a AVDN piece on both TCG and Saga. On a positive note Saga came out the winner as a 'revival' sharebuy. We will see as hardly have much faith in the so called 'experts'.

Any rights issue would 'kill off' small investors and at what price for the 'offering'. 20p my guess. If any offer came for Saga now then what price. My guess 40p that would 'kill off' small shareholders denying any chance of recovery play in future years.

All theory of course lets see what the week brings although not very optomistic. Hope I'm wrong.

See article in the Times on Saga. Major shareholders very concerned Saga will be 'taken out' on the cheap given lowly SP and possible negative update this week. Anyone think the CEO knows more than us???

Bellers. Did a bit more research on Bayford. This company do not look to be 'part' of companies their interested in. They look to 'own' them. On this theory I'm concerned FCRM will get 'taken' pretty soon on the cheap and Bayford my view is would de-list them leaving shareholders (us) with the lowly SP value we see today. Ok price will rise 4sure on any bid but long term gains will be lost if the shares are then de-listed.

All theory of course but think. How did Bayford build up a 6% (22++million shares) holding without it being 'flagged' or shown in share trade charts. My guess is again a 'link' to the BR 'dump' and that a 'bookbuild' for Bayford was done. Recent weeks have shown odd trade numbers on what is an Aim.stock.

Sure others here will have they're own ideas and be interesting to hear them.

Again all theory but hope we don't get 'taken out' on the cheap.

Are there any here that now believe the Saga SP will not continue on its spiral into a penny share???

Bellers. Like you I now see upside on FCRM but as always be prepared for good as well as bad news. All things considered we hope for more good RNS news.

On a cautious note I also own Lloyds shares. These I feel are a good solid long term hold paying well covered divi's with good upside on the SP once PPI and Brexit are history. For this reason I would not sell Lloyds to fund FCRM at present. Happy to hold Lloyds long term and fund FCRM buys from other sources. Just my opinion but 'care' is the main consideration at present with FCRM. If were correct in our theory then great. If not then wait and see.

All theory of course but I remain positive on FCRM with the latest developements. Lets see if the business press 'picks up' on our theory.

The fact you are so close to FCRM it maybe worth a couple of pints in their area local pubs. Always a good place to pick up on local gossip.

Bellers

Nice post and like you I was an electrician but retired early, 1997, got lucky I suppose. Anyway on the Bayford + FCRM question I think your close to the truth. Have to think FCRM was 'spun' off from the National Grid who I did work for and the FCRM set-up is to install new or additional power supplies to either new or existing projects. Bayford forcourts will need this throughout the UK on their forcourt and guess the companies they link with like Shell, BP, etc. Add to this FCRM already have both the expertise and teams to install new electric car charging points that Bayford will control with the present 'card payment' system. If you expand this then every Tesco, Morrisons, etc, will need the same setup. FCRM are the largest independant company in this field so with Bayford involved there exists real scope to be 'market leaders'.

Your idea on solar power could also become a factor but for now its all about controlling the capacity needed for the new generation of electric cars.

All theory of course but if were only close to the true facts with Bayford + FCRM we could be in for a profitable few weeks/months/years.

And I still have an idea the Bayford buy and BR 'dump' is linked somehow the CFO departure could be part of the scenerio.

Time will tell but I'm very optomistic on FCRM going forward. Hope some unexpecte surprise is not in the July statement to 'burst my bubble'