Member Info for pintofhsb

5 years ago.......
https://www.telegraph.co.uk/finance/personalfinance/investing/shares/10850199/Saga-share-price-How-did-it-end-up-so-low.html
This is a laugh - 185p was the lower end of expected float price - but the experts said still a good sound investment............................................

to hold this share when I said I'd sell at 40p.
But my stupidity doesn't end there. LSE data shows 824 trades today, value sold 376K, value bought 625K yet the SP is tanking - why is this?

Horrible drift south again - let's hope it's a tree shake to fill a mega order....................

Good news but I assume there's a volume of buyers in at 40p selling today for a tidy profit. Never a straight line up but a new bunch of long buyers in at these prices will hopefully form a new resistance barrier at 42p ish.

Anyone like to guess Saga SP at close of play June 28th?
I'll go 45.6p because I'm a slightly optimistic realist.

Don't like this stalling over the last 48 hours, though we were getting some momentum at 44p.

I certainly wouldn't get too excited either, though am not a day trader - rather an embattled long term investor averaging £1
why not get too excited? 2 weeks ago SP = 53P, 4 weeks ago SP = 59p, 9 weeks ago SP= 108.5p and 13 weeks ago SP = 125.3p
So, I'm pessimistic until we can at least get back to 53P!!!!!!!!!!!!!!!!!!!
GLA

22 and a bit million every 6 months from 2021 (10 million from now til then). Loans fully repaid in 2033!
Hedging against euro could backfire if we get back to pre-brexit ratio £1:Euro1.4. Need a lot of happy customers for many years.

A few months ago, when the SP dropped below the £1, I posted that saga may be another FLYB due to the SP pattern since floating and high debt. I got a lot of unpleasant replies. Here we are at 43p. Foolishly I have invested another £k today to get my average to 80p. Harrycash is wrong stating no assets, but the issue is will they be able to make enough profit to service and pay down the debt? If it was my company I'd sell off the insurance arm and use that to pay off the debt and then concentrate on making the cruise ships business successful. Losing the insurance business would allow a huge cost cutting too. GLA - This must not be a FLYB!!!!!!!

Sold for modest profit after 3 years holding. My intense dislike of Farage gives me no choice. Good luck to all invested here.

I see that Ben got elected as a Brexit Party MEP. Unsure what effect this will have on this company or share price. I'm close to pushing SELL..............

SP was 55p - so a long way to go here to catch up. Can't believe the sells today - assume automatic orders set at 50P.

First Property Group plc

Financial year-end trading statement

First Property Group plc (AIM: FPO), the award winning property fund manager and investor with operations in the UK and Central Europe, is pleased to report that its profit before tax for the year to 31 March is likely to significantly exceed market expectations of £6.8 million.

Funds under management at the year-end amounted to £705 million (2018: £626 million), an increase of 12.6% from the prior year. Of this some £611 million was held for clients (2018: £454 million), an increase of 34.6% from the prior year.

Ben Habib, Group Chief Executive, First Property said:

"The Group is trading well across the board. The markets in which we operate are generally buoyant and offering interesting investment opportunities on which we hope to capitalise."

I don't hold TCG. This is just an observation. My wife went to TC regarding a family of 4 holiday in August (2 weeks) - European lakes or Tuscany. Lowest quote was just over £4500 at Lake Garda. The hotel was a TC hotel - the worst out of 30 in that town according to Trip Advisor. I searched flights and a better hotel and could save myself £1000 for the same dates / same resort. In the end I used Love Holidays - booked 2 weeks in Tuscany, well rated hotel, same dates for just under £2K. My wife wasn't offered anything close to that price at TC. I accept there should be a mark up for the convenience of the shop and somebody doing the booking for you but it shouldn't be more than 20%. I can't see TC surviving if they don't get real and offer value for money. As time goes by the new 'old generation' will be tech savvy and fully price aware - how will TC position itself then?

And down in mine....that explains the drop then
I'll get out at 50p

Since last June high (66p) a 34% decline. Anyone any ideas about this decline?
Thanks.

Here she goes...............

And another apology from you

I'm expecting an apology..................

Hi, good that you have confidence. If you are invested here can I ask how low would you allow the SP to go before bailing?

Was a share holder in the latter though luckily got out with a modest loss a couple of years ago. There are parallels. The years of SP drifting well below the float price, the high debt ratio and they broadly operate in the same sphere. I've been patient, averaged down (though still well above 108) and put them on the back-burner of consciousness for the last few months. I don't like stop losses because they are badly manipulated by mms but I I've set a mental stop of £1. I hope not to trigger it this week..............