Member Info for Roguemale1

Moon,
Cheers.
I only went through 0 this morning also.
GLAH

Smort ive done ok on it but i dont understand it. Loads of growth loads of debt, but it just seems to move when it feels like it. Pays a divi also... Theres no real broker coverage and the board is dead. Longer term not a trade I think . Appreciate any views you have.
Cheers

Heh heh,
Am a drinker not a smoker but yeah, the fizz is on ice!
You ever looked at AAF?

Leem then why not post us your view of SAGAs numbers to back that up? Its already being pointed out to you earlier that 80% of the profit here comes from non travel...

Well i'm sure you are aware that 80% of its profit historically is from its insurance business....?

Hey fella...
I hope you're still holding here?
MCRO I had been sweating a while tbh. Forced myself to seel something to double up at 220 a couple weeks back. Phew. Doesn.t always work out huh?

253.6 now lol

Just been offered 249.7!
Get up there SAGA!
They want your shares LOL

PS there's a load of gloomy ones from July this year. WIl be re writing them as we speak probably!

https://markets.ft.com/data/equities/tearsheet/forecasts?s=MCRO:LSE

Bit of range here Mark-I like the high one 1377!
Not clear of dates when they were made mind.

FJG
That doesn't allow for the new shares in issue. The MC at 45p was = 540m VERY ROUGHLY!
SO now MC of 540m with say 140m ROUGHLY Shares in issue would be price of £3.85
RsRM
UTV!

Well yes, but as Pianista said people tend to forget where we were 8 months ago.... the equivalent pre-covid price equates to 375 ish and that had arisen due to to 2 years of huge write downs. Take the write downs away and.....

Salesale,
Well i'm old enough to be yer Dad but ill take it!
If you can see why a share drops so clearly, then you can see what needs to change to fix it.
Personally I dont think it will go back to £2bn MC because insurance has got more competitive since those days but I can see 1-after all there is an underlying profit in insurance....debt needs to reduce and bad timing of this with 2 new ships...
And no, no cruise within 4 months but we arent planning any until April which is 6. Quite possible to envisage a vaccined crew and passenger list by then ish. It'll just be a stamp in the passport like say yellow fever.
Doria,
MCRO may be wortha look but perhaps wiat until due update?
TomC
See you at Spa then!

Billzo,
I am slightly more optimistic.
It needs the next set of results to have no huge goodwill writedown on the insurance business and ships sailing again. I think it could do 6 or 7 next summer.
And after all, when you look at the COVID price history on pure travel companies eg the airlines or TUI-how does that get explained? They have had nearly 0 sales!
A decent trading update here and it will move IMO.
GLA

Just over £2bn IPO-Nov 17

Well Saga wasn't mentioned specifically-he was talking about the industry as a whole, in the context of its reticence to return deposits/whole payments when COVID hit.

Indeed. I read that this morning, and thought that I hope this isn't a new dawn of new equity every 5 minutes every time they need the office painting....companies get addicted to it once they start.

Doria,
My recollection is that Smort posted that he was short, posted when he closed, and posted when he said he went long target 220....
Just saying like..
GL

Banburyboy.
Most travel companies use deposits as working capital-see an excellent interview with Mike Gooley of Trailfinders in the S/Times a few weeks back where he described it as "embezzlement".... (Trailfinders don't, moral high ground etc). Worth a read.
RM

I also bought more on the dip.
My original target was £2 in 2 -3 years. Id be delighted if your prediction for next summer is anywhere near correct, but as Ive said before I fear we will get taken out well before that.
We shall see.
GLAH