Member Info for Krustysmegma

cb guess I must be in the 10% then. I'm a long term holder (Moon - there, I said it) gradually closing in on my average. This has more potential now than at any stage, so I'm staying for the ride. Not saying I won't derisk if the opportunity arises, but I don't want out now after waiting all these years for it to come good.

I'm not invested here but looks quite interesting based on the article this morning, does this tally with your expectations for 2021 & beyond? Thanks. K

"Among the most obvious beneficiaries of the silver spenders is Saga (SAGA). The insurance and travel provider targets the over-50s and the growth of this demographic is seen as a long term catalyst for the group. Even before the pandemic disrupted its cruise business, Saga proved to be a massive disappointed to the market. This was evident in the big losses it chalked up in its January 2019 and January 2020 financial years. Adjusting for an October 2020 share split, the stock is down 90% on its IPO price. Its fortunes are now improving. A new CEO, Euan Sutherland, took over at the start of last year and a £150 million fundraise supported by former chief executive and founder’s son Roger de Haan, who moved into the chairman’s seat, has helped to steady the ship. After its latest trading statement on 26 January Numis analyst Nick Johnson said: ‘We think this is a reassuring update, with insurance on track to meet forecasts, an ample cash position, and encouraging signs of pent-up demand in the cruise business.’ Based on Numis’ January 2023 post-pandemic forecast, the shares trade on a price to earnings ratio of 4.3 times. This looks like an attractive buying opportunity."
K

This week's magazine highlights "Silver Spenders - vaccinated and ready to reclaim their lives". Suggests Saga as a beneficiary and therefore rates its shares as a buy:
https://www.sharesmagazine.co.uk/article/silver-spenders-vaccinated-and-ready-to-reclaim-their-lives

Brilliant news, presumably this will reverse the ridiculous sell-off of the last few days following the excellent update.

Mafuta, according to roger we're rogered!

Bg, seems fine on Stockwatch/Shares Magazine website, last trade reported at 11:48:28

Welcome all you paid derampers, out in force this morning earning your fractions of Bitcoin. Good luck with, well, whatever it is you do? Oh sorry, I should have clicked "reply" on your thread so you could have had an earner.

That's fair enough PGA, each to their own. There's always been a risk re Tim & John as you say, & they're not getting any younger, but on the other hand it must be focusing their minds on deals that will enhance their pension pots. So I guess it works both ways.

Were those two x 250,000 trades this morning yours?

Hi Ralph, sorry to hear this sad news. Nige_4 was well respected and liked on the TW board and will be greatly missed by us TW'ers. Sincere condolences to you, Jenny and Nige's family and friends. K

That's very sad, thanks for letting us know Bamps. I try not to think about people on here being real, so if I get any nasty comments I can think they're aimed at Krusty rather than me. But of course there always is someone on the other side of a handle, and generally people are really nice like Nige. Sad loss, and pause for thought.

Thanks Wigan, that's really helpful. I hadn't picked that up. More reasons to be cheerful for the coming year then.

Hope you're right Wigan, but until they say as much in plain English I won't plan for it. And they patently haven't said what the ordinary dividend will be, only that they will re-commence paying it. Fingers crossed until confirmation. K

Of course you can still sell the shares in your trading account, move the money into your ISA and repurchase the shares, you'll just incur all the trading costs and the spread. For some people that won't matter as much as the CGT planning aspect, if they're sitting on significant gains.

LeMajor, it's HL that have suspended their Bed & ISA service:
https://www.hl.co.uk/features/coronavirus-information-and-updates
Scroll down to "Changes to our service".
I'm hoping things will improve enough for them to reinstate the service by the FY end but not holding my breath. K.

So the major issue for me, as with PSN yesterday, is clarity re the dividend. Yes we know when it's coming back, but as RC highlights we don't know at what level. It's difficult for II's and even PI's to contemplate buying TW shares when we don't know what the return is going to be going forward. Accepting it's not easy to make a reliable forecast, given the ongoing pandemic, Brexit impact, HtB scheme uncertainty etc., this is bound to hold the share price back until there's clarity. And that could be months away now. My guess is the divi will return at about half the previous level, and I'm cautiously working on that basis for now.

Hi Woodlands, unfortunately my broker (Hargreaves Lansdown) has stopped providing its Bed & ISA service temporarily due to Covid pressures, so I can't comment for this year. I think in previous years they've been able to make the transfer with minimal or no spread & a flat fee similar to a share purchase fee (c. £10). Don't quote me though. K

Significant volume of buying now, auto buys being triggered or people seeing a bargain?

help?

What's going on? Anyone??