Member Info for Roguemale1

Lots of excitement here now huh?
I fail to see why anyone here is outraged that this wasn't accepted, to take it private; so you'd get your 33p and over and out, then the private equity boys get the benefit when there's no negative goodwill to smash the accounts and the two ships are full and frolicking, and the insurance is doing nicely...All the posters who have been in since the ark and are well down, well don't you want the chance to make it back? And the guys who bought in cheap, did you really just want a bag?
I bought it wanting the new management team to clean it up, get through Covid and get the price back to a quid with a divi.
I'm still going to wait for that, though it will now be less than a quid once we know exactly how many shares are going to be in issue...

After the half years hit...
One month closed for quarters, 2 for the full years.

Pokerchips
Fair do s, I just re read that. Yeah you're right cost not in. for P and H. Lets hope they get a sensible adjudicator...

Actual live 4.8/4.9 ish

Well at least the numbers don't have brackets around them...
I'm afraid construction isn't like M and S. Someone buys a pair of knickers they pay for them there and then. In construction they frequently take them wear them and then decide that by some means they should have been half the price, a different colour or free. Recovering this can mean the process that is now in play. Statement says the cost is in the numbers, so should there be positive outcomes from either of the dispute resolutions, then there is a lump of profit uplift, and if they stay negative there is no further downside/. Now if the CEO changes his position then I would agree but what is released today is further detail but not unexpected IMHO. A return to profit will do for me for now.

Joey,
Saga aren't in the FTSE 250 .....
One less thing to worry about!
RM

Well based on the last 2 years the answer to this is entirely in the lap of the negative goodwill isn't it?
Without it the underlying business would have made a profit...
Any casual googling of goodwill, either positive or negative will reveal even accountants arguing amongst themselves, so i'm not going try to second guess it. There is pressure on some of their areas of insurance, but I'm adding and will wait and see what happens.
GLA

Being quoted 4.8 to buy?

Good timing Pokerchips. Agree with the sentiments. I hope the QSs kitchen-sinked it last time around....

Thought it was about time there was a positive title!
Hi UKI. Well the last time it just walked up on no news, but with a bit of volume....its dropped on not a lot really. Be nice to see it back up at IPO price.
Lets see huh?
RM

John,
The actual price at the end of 2019 was about 100-120p. The chart on this board is correct as it shows the actual prices for the before, during and after consolidation and dilution. Unfortunately most providers have back-extrapolated the graph pre- consol/dilution and come up with all sorts of misleading figures.
I tried to point this out to a few on here a while back based on looking at shares in issue and market cap ie precovid mc vs post covid mc all things being equal. My view is that on the current situation it could go back to 300-350 once normal life for Hyve returns (if it does). See previous for basis of that.
RM

"The directors have ruined it."
I am assuming that you think about this more than share price goes down Directors bad, share price goes up Directors good?
So, Bearing that in mind, are you meaning the old regime or the newer? We have had the old boss going and being replaced by a new boss. And the new boss the QS got the job and his main rival the engineer left the business. Standard stuff I know.
Lets look at the bad Welsh road job. That would have been bid and won under the old regime. FIngerprints of all 3 on it. And it didn't go well, as we know. Large road jobs are, and have always been a big set of risks, so if they all fall the right way big upside, or the other. But remember the life cycle of these jobs is 5-6 years maybe and ultimately the bad news may not be realised until well into that and then they hope they will win adjudication-and they can go any which way trust me......
For me. I hope the new man has chucked it all on the table on Day 1. Then there might be a decent upside in the next couple of results.
Just my view obvs...

Having purchased 5% 6 days ago, do you seriously think they didn't know the exact content of the RNS?
They've probably been buying all day

Good call on the impairment...
May be a little bumpy this morning...

Steve,
Direct line Market Cap/NAV= 1.25
SAGA Market cap/NAV = 0.31
It is what it is for a reason, but those of us who believe in a turn-around play will probably stay right here I suspect, but good luck.
RM

Pianista, OK fair enough. Motor and Home are very competitive volatile areas within insurance and its been nickel and dimed with comparison sites.
So as I have time on my hands I did a dummy quote for my car insurance using Saga website and Confused (Saga also appeared here) against my current provider Sainsbury which was obtained via a comparison site last September.....Saga weren't the cheapest but as always there were a myriad of variables to consider which I dont have time to go through eg Excesses. They were close enough to merit a look and rate defacto 5*. For me it was interesting that they were almost identical to a provider that I have used on and off for many years. But it changes month to month, I assume as they have the value of business that they want and the market hardens and softens.....At the end of the day if there was one provider that like for like was always cheaper then there would only be one insurer in the market, but that isn't how it works.
Just my thoughts.
I think well have a better idea with the September interims...

Absolutely Doug.
Just think.
All those less intelligent people having a couple of weeks in say Europe in a country with less Covid than the UK....
Fools one and all!!
PMSL.

Easy Groover,
Bin HS2? Steady! There's some concrete farmers on here you know!
On the subject of the back-tracked share price graph, HL have admitted to me that they cant quite explain their numbers..they say they are going to come back....Mind you Hyve themselves haven't bothered replying yet...CEO next up!
Hold the faith!

Hey.
You were stating that the co. had said delivery 2021? Which I didn't understand as 2 days ago you were posting end of October as per last trading?
I didn't expect a cruise ship to rock up and then sit around, so a date for inaugural sailing in November sounds eminently predictable (all thing being equal). DO CCL and NCLH post RNSs for maiden voyages? Maybe they do in which case apologies.
But bearing in mind the small %age of current margin that the travel business generates, I am more concerned about the insurance business, which as they have said is under pressure. I need to know that is holding up, with its new 3 year offers etc. Because then we get the time to hope that the cruise offer can provide replacement margin once it is operating as per past normal to compensate for the tighter insurance margin, no further impairments on goodwill and then Voila!

??
Last trading update....9 days ago.....
"The sale of the Saga Sapphire was completed on 12 June on terms broadly in line with previous expectations and the latest indication for the Spirit of Adventure is that she will be delivered by the end of October. "
No surprises.