Member Info for jedclampit

There must be some positive points here somewhere but where, I must admit following these for what 10 years vog have just dug a bigger whole to get out of.
Stopped sales to ENEO and still $10m outstanding, now they want to lay another 60km of pipeline all funded by debt for gas / money way down the line, can't see any profit coming from this in the next 10 years.

Good to see lib / cap now have a price target of £1.30, things could be looking better.

Always sorry to here anyone lose their jobs but they have to cut cost to grow and push up the sp.
Double edge blade, keep overheads high with people keeping their jobs but shareholders losing their money when sp dives, or cot costs with jobe loses and shareholders keeping their money.
It's that always trying to find a win win all round, very difficult.

Who is Analyst Nick Johnson retained his ‘buy’ recommendation and target price of 70p on the stock.?

The Board has declared an interim dividend per share of 1.3p (H1 2018: 3.0p), in line with the rebased dividend policy.
The dividend will be paid on 22 November 2019 to shareholders of ordinary shares on the register as at the close of business on 11 October 2019.
So this year we have an iterim of 1.3p and the final won't be known until April, so who knows how much, but it could be anything from 1p - 4p.

Saga, up 7.9%. The over 50s travel and insurance services provider said underlying profit is expected to align with prior guidance. Last year, Saga had guided for underlying financial 2020 pretax profit to be between GBP105 million to GBP120 million, down from GBP180.3 million in financial 2019. This guidance has now been affirmed. According to Saga, its Insurance Broking business has demonstrated "clear signs of progress", with around 57% of customers coming to Saga on a direct basis versus 50% the year before and customer retention 2 percentage points ahead of the prior year at 75%. However, Saga brand home and motor insurance policies are forecast to drop 3% from the prior year due to "a highly competitive market and a disciplined approach to new business", with margins likely to be near the top end of its GBP71 to GBP74 range due to "lower new business strain". Hargreaves Lansdown's Will Ryder said: "It's been a rough year for Saga investors, but the business looks like it's stabilised. The absence of bad news is good news, and the group can now look to recover lost ground."

Now let's get some new higher broker price targets. 80p- £1 would be great.

So far 2 posters have said why didn't they release the up-date 4 weeks ago, well they were NOT due 4 weeks ago as the Jan up-date is / was due within the last week of Jan.
Saga also say more direct insurance, does that mean less business through any comparison / sites or brokers etc which must mean paying out less commission, now that must be better.

Much as expected but NO mention at all about the sale of Titan, could it be that the press Titan news was last years news?

Just goes to show that none of us have any idea what's going to happen to the sp today, many thought this news would be the start of a move up but no it looks like the brokers want to take it down to grab more stock.
Or they see this as a bad move with lower income in the months to come.

Haven't said they are only going to be doing insurance, they have just bought 2 new ships so I guess they might be just concentrating on building their own long term Saga travel business as well as insurance where all the profit is.

News that come out last week could well be the reason why City group have put out a 200p price target. Now we know why it could have changed for the better.

Yes I have just read this and it's very interesting, could well be the reason for the delay and I guess saga would have liked to announce this on Tuesday.
If correct and saga can sell Titan Travel for £100m-£150m that would pay down a big chunk of debt and push up the sp, I hope.
Have to wait until tuesday to find out.

Wow, Citigroup now price target of £2.00.
Do they know something we don't ?

of 3m shares at 46p, someone has lots of faith.

Who knows why, the fact is there has still been more buys than sells today so far although that might change by the days end.
Could be that some thought the up-date was due this week and I also thought that but just because it's a few days behind last year doesn't mean it's bad. Could be the mm's have just marked it down to make money on the positive up-date, or it could just be that the bod's were waiting for that little bit of extra good news to add to the rns. Time not to panic it's only a few days time and the sp could be well up.

of approx 600,000 in total.
Something going to happen ?

Just come out about bonds, could some explain good / bad ?

In the last report it said Combined pensions surplus £588.7m (30 March 2019: £373.1m)
It doesn't look a problem now.

Don't see any need for a placing but if they did do one it would need to be lower than 35p if we carry on like this.