Member Info for Pmh198

Hope I’m wrong here but I think we will be disappointed with the results and the market reaction..the way the share price has reacted in the last few days normally tells a story..I have my fingers crossed for good results and positive market reaction

Really happy with this week, the sp seems to have settled which I’m sure has settled all of our nerves..the price would have dropped 10% plus a week or so ago on the news of the cruise push back so to see us be nice a steady this weeks gives great confidence for the coming months..we may have a new baseline price at the £4 which for many on here represents a good return already..can hopefully relax a bit now and watch the investment grow further knowing we’ve got a good buffer if we do hit a few bumps..next target £5

Agree didn’t think it would push the sp up that much as already baked in..just another hurdle out of the way

Good start to a Friday!

https://www.bbc.co.uk/news/uk-56289054

https://www.google.co.uk/amp/s/amp.ft.com/content/93c189a8-7336-431f-b949-2d00d91ed715

I also banked the profit today..been a great ride so far and I’m expecting a month end pull back tomorrow, cash waiting to dive back in at 4.29pm! ready for the next leg up next week when we hit 20million vaccines ..Knowing my luck will announce cruise sailing tomorrow!

Based on £300k..would be circa £20m land value..however developer might knock all down and build apartment blocks which could be significantly more value ..not sure of plot size.

To build new apartments in Manchester is approx. £200sqft so £200sqft for just fit-out seems ok..you are getting the substructure and part of superstructure for free..I.e the foundations and building envelope is already there..seems sensible valuation to me depending on what apartments sell for..

What do you call a man with a seagull on his head.....Cliff!

Just checked rightmove...2 beds with good views go for upto £750k...if we said £500k x 100 apartments = £50m+ Deduct cost to refurb / fit-out..say £200sq.ft x 70,000sq.ft = £10.5m x 20% for fees etc & 20% for developer return on investment = £50m - £16m (cost to refurb, professional fees & profit for investment) = £34m land value...very rough calculation depends on sale values and actual Net internal floor area of existing property..give myself a 20% either way margin...would say sale value between £28m - £40m...

70,000 sqft office...assume 100nr 2 beds apartments can be squeezed in..or 140nr 1 beds..will be very appealing for developer that wants to buy a commercial property for an easy permitted development scheme..these are what developers look for..the council can’t do anything about it! Will be snapped up

Likely..I work in construction and it’s relatively straightforward to convert commercial property into residential through what is called permitted development i.e. you don’t have all the red tape of a normal planning permission. I’m not sure what area of building is but if you work on basis of 700sq.ft per 2 bed apartment you get a feel for how many apartments you can squeeze in..it maybe more beneficial to knock and build nee houses depending on size of plot!

https://www.cruiseindustrynews.com/cruise-news/24290-saga-cruises-announced-as-new-which-recommended-provider-for-2021.html

The posts are useful to gauge likely return dates and provides some positivity..keep them coming I say

You’ve made a wise choice. Don’t expect too many dips, I think we’ve dipped out! Sentiment is starting change in the UK..vaccine roll out going well, brighter nights coming, getting slighter warmer...media coverage starting to get more positive...we are a coiled spring..

5 years..circa 30% from current levels..hope not..300% more realistic

We all wish we had the ability to buy at the bottom and sell at the top..some people come on these boards and will tell you this is exactly what they have done..vast majority are lying. In reality vast majority panic sell when on the way down and buy when there is a little pop up, only for it to sink further...this is the Reality..happened to me again this week. The fundamentals are good here IMO..a business that is posting a profit at the moment is a good thing! A business posting a profit with 2 cruise ships doing nothing and burning cash..is rather excellent and shows good diversification within the business. The cruise side is leading the way in how cruises will likely operate in the future I.e. vaccine required..the beauty here is the clientele for saga are the first bunch in the UK to be vaccinated...

I’m convinced saga will be the first proper cruise liner to get going again from UK and when it does the price will pop quickly I.e. 20-30-40%+ from these levels....the real patience is 2-3 years 100-200%++...this is a business being transformed..only concern is it could get taken private so return won’t be as much however would still be much higher then today’s price..sit tight and wait for take off..all aboard.

Solid week this week...keep above 300 tomorrow and we are heading straight to 3.50..Friday profit taking so expect some movement. These interims are going to be interesting..

Back in the naughty 40’s..frisky 50’s soon enough