Member Info for Pianista

Stunning, but not unexpected. I have always doubted that Covid would pose significant challenges to a business where great attention must already be paid to safe working practices.

Heading back to £3 again...

Welcome on board! Glad you won't be selling any time soon...

68 is relatively young in this day and age. JW also has his son to think about.

RNS says 95k bought at 28p on 29 May. However, the SP only very briefly spiked up to 28p on 27 May. It doesn't add up.

I suspect the 28p price is correct and the date incorrect. I wonder why she didn't buy during the 3 months when the SP was bumping around at 16p odd?

...on a day when Carnival rose by 7%, despite the likelihood of its being turfed out of the FTSE100 this week. Short-term movements are certainly very difficult to predict, or rationalise.

So I topped up again at 20p, though I could have done slightly better (with hindsight), but I feel you can’t afford to be out of Saga at this point, because significant positive news could come at any moment, for example:
- update on restarting cruises following reopening of hospitality generally on 4 July?
- news on date of delivery of Spirit of Adventure (11/20?)
- abandonment by govt of 14-day quarantine for travellers?
- upbeat trading update at AGM on 22/6/20?

Saga’s well-heeled client base will be champing at the bit to get away after spending months locked down. There will be inconveniences on board, of course, but no more so than if you stayed at home, with all this disruptive social distancing in public places. Most will definitely prefer the view from their porthole than the one from their kitchen window.

Last week’s dramatic SP action showed the huge potential for this share, when it looked like it could even hit 30p. When it next takes off, it won’t stop there...

An RNS announcing a game-changing contract (or two) wouldn't go amiss, while we await a trading update.

News of completion of the CBILS loan and of any reduction in furloughed staff would also be of interest, and give a little much-needed lift to the SP.

...for long-suffering TRAK shareholders. But who knows, this could be the month! (if only as a result - hopefully - of further positive vibes from the AA on Smart Breakdown).

The only saving grace is that being a TRAK shareholder got me interested in the AA, where I'm already showing a decent profit, but nowhere near enough to offset my TRAK losses.

Justdandy - as a matter of interest, where's it say Parvus have got out completely?

Great if you need to top up.

I wouldn't turn my nose up at that, but I'm more interested in the prospect of 50-60p a few months down the line.

After a reassuring trading update today, it's 10.4p to buy - a 12.4% increase on yesterday. It's still way below where it should be, though, seeing as the long-term recovery of the business is back on track.

For 10,000 shares: buy 9.25p, sell 9.35p. Bizarre!

I think it will "languish" in the 30's till we get the next trading update, likely to be 19 June, so not long to wait. It is this that should see the SP heading back to 60p.

18.5p to buy. This is moving at last.

Parvus sold 24M shares on 21/5/20. But the number of shares traded on that day was only 6.7M per the chart on this website. Maybe they sold them off-market. If so, I wonder if there'll be an RNS from a significant acquirer?

Parvus is "investment manager to a number of funds and managed accounts". So it's not a single holding by a single entity. Parvus has different investment management agreements with different clients. Some of those may have required divestment, others not, and maybe there's no more selling to do, at least for now. If there is more to do, it would suit Parvus to let the SP recover a bit before doing so.

SP has been flatlining for months. Could this be the week it finally takes off?

Parvus taking a breather, and a refocus on the great results RNS which saw the shares rocket to 50% above current levels.

If you won't reveal your source, then I will: the quote is lifted from the Sunday Telegraph in June 2019.

I'll let people make their own minds up about the usefulness or otherwise of your post.

Cheers, very helpful.