Member Info for Mulder

35% down from 52wk highs. Any Ofwat changes do not come in until at least 2020.

5 year lows.

FORTY PERCENT down from 52 week highs. Market thinks humans no longer need water..... NB. Back in 2006/7 interest rates were 5-6% here and across the pond + bond yields were a lot higher yet UU still touched 800p Dec 2006.

Utilities across the world getting hammered and the reason given is higher bond yields and interest rates. Well the 10 year bond US yield in 2007 was 5-6% as was the US and UK base rate i.e. a lot higher than what they are now. NG share price 2007? 850p-920p

Director buys coming in now - may be a sign the hierarchy think the bottom could be close. SP at levels not seen since Summer 2012. Yielding comfortably above 6% now.

http://investors.morningstar.com/ownership/shareholders-major.html?t=SAGA&region=gbr&culture=en-US&ownerCountry=USA

The fund and institutional positions can be found on the FT website or on Morningstar. It takes a bit of work but both of these show a net positive change i.e. more shares bought than sold since the update. About 19 million more shares have been bought than sold by funds and institutions than sold in the last quarter and reported to 8/2/18 L&G, Aberdeen Asset, Majedie and Neptune have all been buying in bulk. How can the share price fall then I hear you ask. Not only falling but by 40%! Perhaps the FCA market abuse and intelligence teams can enlighten us? How did you get on with the IR call?

Crazy. Markets pricing ultra defensive shares at P/E's of 10. Risks overblown IMO

No new news then. Elikhulu remains the real game changer here with very low production costs nearer $540/oz. H2 forecast to be better than H1 and 2018-19 should include Elikhulu. Interesting that the book price is nearer 12p per share so trading well below that now. Zuma going can only be good news also. He is all but gone now.

For water and energy utilities to be trading at P/E's close to 10 is unheard of. Yield is close to 7% here now. 33% down in just 6 months. Brutal sell off.

The poor close re-iterates my last post. Leaks and insider trading is far too common I'm afraid.

All sense seems to have gone. Absolute madness.

Thanks. Ask them how it is that institutions and hedge funds have bought millions more shares than sold here since the Dec update according to data yet the SP has crashed 40%. BTW the head of IR and the CEO have been made well aware now of PI's displeasure and thoughts here. The RNS this morning most likely was a result of this. FCA also notified.

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Normally, in exchange for taking on an insurer�s liabilities, the reinsurer receives a portion of the policy premiums. Through such agreements, insurers look to cut its exposure to the liabilities it has created by underwriting. Peel Hunt said the agreement provides AICL with further capital relief and downside protection. �This new program is a positive and shows that the underwriting quality within the insurance business remains high, albeit moving to 80 percent risk transfer gives the reinsurance panel more say in the underwriting strategy,� Peel Hunt, which rates Saga at �buy�, said. Saga, which restructured its travel business after its tour operations were hit by the collapse of Monarch Airlines, said trading continued to be in line with the guidance given in December, when it cut its profit forecast. https://uk.reuters.com/article/uk-saga-deals-hannover-rueck/britains-saga-signs-reinsurance-quota-share-with-hannover-re-newre-idUKKBN1FW0MW ********************************************************************************************************************************** So no new problems since the update in December after which the SP fell FORTY-PERCENT and continued to experience steep falls every day for absolutely no reason we now know. If the statement had read profits will be 5% higher next year would the SP have risen FORTY-PERCENT? No chance and therein lies the problem with this corrupt market.

YouGov/Times � CON 43%, LAB 39%, LDEM 8% 8 FEB 2018 The latest YouGov poll for the Times has topline figures of CON 43%(+1), LAB 39%(-3), LDEM 8%(+2). Fieldwork was Monday to Tuesday, changes are from last week. http://ukpollingreport.co.uk/

Note how AA is top of the list with Tesco and BT not far behind but no mention of Saga in the pension bad boys list. http://www.thisismoney.co.uk/money/investing/article-5373537/How-pension-deficits-dividends-risk.html

Saga plc (LON:SAGA) Is Trading At A 32% Discount To Its Price These factors are combined to calculate the true value of SAGA�s stock: Value Per Share = Book Value of Equity Per Share + Terminal Value Per Share = �1.15 + �0.61 = �1.76 Given SAGA�s current share price of �1.2, SAGA is trading below what it�s actually worth. Therefore, there is potential room to profit from mispricing if you bought SAGA at �1.76. Pricing is one part of the analysis of your potential investment in SAGA. There are other important factors to keep in mind when assessing whether SAGA is the right investment in your portfolio. https://simplywall.st/stocks/gb/insurance/lse-saga/saga-shares/news/saga-plc-lonsaga-is-trading-at-a-32-discount-to-its-price/

Saga has been dragged down with AA in recent weeks even though from the outside AA seem to be in a far worse position with a huge pension deficit. A P/E of EIGHT used to be considered very cheap once upon a time.

Results just 10 days away now and no doubt the city boys will already be hearing 'whispers' re: profits, customer numbers and dividend forecasts. Expect a 'forecast' in the coming days.