Member Info for Olmsey

Hi Rox. Unless the buyer already has a shareholding this amount is below the disclosable trade level of 3%. The more likely (??) is that the seller will already have more than a 3% holding so there could be an RNS on the other side of the trade. Either way they have three days to declare NOT tomorrow morning - but may chose to do so tomorrow.

My bet is on an employee share trust being set up with shares to benefit staff. Not quite as exciting sorry and of course the egg will be on my face at some point if it's something else. All IMHO

For anyone interested here is the comment on British Bulls this morning
"The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security"

Once again thank you Rox. There are blue days and there are BLUE DAYS :-)

This shows automatic entry to FTSE 250 is about £861m - and auto exit at £636m
http://www.stockchallenge.co.uk/ftse.php
Have a look. Don't shoot the messenger!

Just following up. They were selling in May 2018 from 6%

Good question Smorty. I can only ever remember seeing selling RNSs for the last couple of years. So I think they had bought on before Elliott

Great retort FJG. I had assumed that you knew each other and it was a bit of leg pulling banter. Clearly not!

I can see the one at 13.00 if that's what you mean

Softrock you did make me laugh! You can't complain about sloppy text and then put a typo in your message. Pay Attention!!

For those interested British Bulls have just switched from a Short recommendation to a BUY. Something to do with a Bullish Inverted Hammer. Hopefully will add momentum tomorrow morning. Interestingly their previous short recommendation was the first in a long while not to turn a profit. They are usually very right on this beauty of a stock.

CJH - I first bought Saga in Sept 2019 - as a recovery play - at the old price of 41p. Pre Covid -17 Months ago. Elliott had just come in as an activist with a view to splitting the travel/Cruise from the Insurance. Made good sense at the time - paid good dividends and the insurance value underwrote the whole value.

Rox you are not alone and thank you for alerting me to this one. There is still a good ride ahead although not sure I will be a LTH.

Agree Banbury. But we also have a few short term headwinds as well as no cruises;
1) Markets a bit shaky this week so many stocks are in the red anyway
2) Setanta Selling. This will provide weakness until they are clear (I had Lloyds Bank when the Govt were selling their 25% stake and it wasn't pretty :-( )
3) British Bulls issuing sell recommendation (and they have an unbelievable knack of call it correctly)
4) No news - this share has a history of drifting on no news rather than staying stable

It's called Setantaphobia ??

Folks - I'm a new poster on here but have been following since the "crash" in Nov. With regards to the press the only comment that I have read this morning related to the "weak" H2 compared to the "strong" H1 trading performance. So there was a concern that H2 would be the way forward for trading not a multiple of the combined H1 & H2. I can get their logic but also note the forward potential order book. I suppose the big question is will H2 trading performance be the standard - in which case the P/E is not as low as 3. Construction thought please!!

Cleckheaton born and bred (West Yorks)

Jed. Not sure what your point is. The market was open when he posted and that was the price.

https://uk.finance.yahoo.com/news/saga-share-price-2020-d-100518352.html

RNS says Setanta have sold another 1%. Now down to below 4%. Probably still selling which certainly would account for the drift

Smorty. Going back to the RNS from Feb and the "Mystery" 3.25% stake. If you google the address it's Sainsburys Head office. Interesting??

p.s. Having a look over here as a result of a Rox quote on another BB