Member Info for RoxburyHouse

Ha ha Jackbogle - I wish!

My total Saga is now just over 63,000 but millionaire has over double that!

Got to laugh though I held off yesterday buying my shares back into my Isa at £3.80 (got greedy) to jump in this morning at £3.90 after seeing Beachbums SOLD OUT message last night. Ha ha

And now they are back to £3.80 ffs couldn’t make it up.

Banbury, anyone could be anyone here and the obvious Sir R candidate is Doofus which means it can’t be because it’s too obvious.

My vote Smorty.

NOOOOOOOOOOOOOOOO!!!!!!! Ha ha

The announcement in one form or another is going to happen for sure and when it does the share price will rise. It’s a guessing game as to when this is going to happen but we have got 5 weeks.

The day traders who have just sold at £3.80ish are hoping it will drop before it breaks the £4 barrier.

None of us know what will happen and when but I’m keeping my fingers crossed that nothing is announced until at least Wednesday so I can buy back my shares into my Isa!

“The UK government has confirmed that domestic cruises will restart in England no earlier than 17 May “

Am I missing something or am I being a bit thick here?

Nothing as been confirmed from what I can see.

Tbh if it has been then surely Saga would release a RNS wouldn’t they?

“Domestic cruising has already been given the green light to resume from May 17, in line with hospitality businesses in the UK. Many cruise lines have already pivoted to offer sailings in UK waters this summer. “

Has it?

Where?

Check out the latest reviews of The Works on the Feefo site below:-

https://www.feefo.com/en-GB/reviews/the-works?displayFeedbackType=SERVICE&timeFrame=YEAR

4.6 out 5 which is amazing.

This is one to watch for sure.

Don’t listen to me - read the reviews!

Yes Gordon I’m with Interactive Investor (ii.co.uk) and you can do that if both accounts are held on the same platform. It’s called Bed & Isa.

I have done that also for my Isa but this one is for the Wife.

The Bed £ Isa is the better method because there is little risk and no dealing charges.

Both the buy and sell are executed within minutes so you just lose out on the spread.

It’s funny when Banbury goes off on one with those reviews because got to be honest I haven’t the foggiest what he is on about half the time. I can’t be the only one who still hasn’t work out what goodwill is? Lol. Very believable though (and likeable).

On a separate note I have started off the 3 day txfer from my trade account to my wife’s Isa so just sold £20K worth at £3.84.

I tell you this because I now need the Government to hold off with the local cruising announcement until at least Wednesday after I buy them back!!

Just having a laugh at your expense Banbury (in a nice way - {smiley face}).

So you are a self declared rubbish account who has made a mess of share dealing and need Saga to get to £7 just to break even?

What’s funny about this is that is that you have got a ‘following’ here (including me) who hangs on every one of your words. Lol

Couldn’t make it up. Ha ha

Saga is going to be given permission to cruise the British Isles soon for sure.

This is BIG news for us and changes everything.

It could be tomorrow or one day next week but it’s coming.

So...share price prediction please for close of play on the day it is announced.

Mine is £4.44 !!

FJ you may recall my disaster at the back end of last year when I did exactly the same as you?

I had to pay £80 grand for the same 28,570 shares that I had sold 1 week earlier for 40 because I missed the rise.

It nearly killed me but those shares are now worth £110 grand.

My point is that this is going to torture you forevvvver if you don’t bite the bullet!

That link I posted above is a must read.

Here is an extract:-

Speaking in 1985, Sidney De Haan (Rogers father) spoke of the need to respect, as a priority, its audience. He said: "Senior citizens weigh-up and decide very carefully indeed what you offer. There is no pulling the wool over their eyes.

"They have seen it all before. If you make a mistake, tell them right away. Do not con them, under any circumstances. And if things go wrong, they will appreciate your frankness."

It was a mantra which certainly didn’t do him any harm.

Roger De Haan was appointed Commander of the Order of the British Empire (CBE) in 2004 for services to business, education and charity in 2004 and was knighted in the 2014 New Years Honours List for services to education and to charity in Kent and overseas.

https://www.kentonline.co.uk/kent/news/amp/how-one-man-built-a-travel-empire-243059/

Mcap.......Share Price.
£1.35B n/a <<2004 Sold by Sir R to Management
£2.1B 1504p << 2014 IPO (£1.85).
£840.0m 602p << Jan-Jun 2019. (Average).
£560.0m 400p << July 2019-Jan 2020. (Average)
£168.0m 120p << Feb-Oct 2020. (Average).
£370.0m 265p << Rejected PE Offer (33p old price)
£314.2m 225p << Oct 2020-Jan 2021. (Average).
£344.8m 247p << ** 2 Months ago! ** (29/1/2021).
£544.0m 388p << ** TODAY ** (07/4/2021).

Notes.
1. Unless stated otherwise, all share prices above are post consolidation ie CURRENT (or equivalent based on the MCap).
2. MCap = Share Price x No of Shares.
3. Number of Shares now. 139,594,769
4. Shares BEFORE Dilution/Consolidation. 1,122,003,328

Summary.
As can be seen from (the non negotiable figures!) above Saga is now at the same Mcap as the average just before Covid.

It must be remembered that although both ships were fully operational during this period the insurance arm was in decline and morale within Saga was low.

Sir Roger along with the cash injection of £140m is the main difference. Today’s RNS shows that the Insurance arm is now on the up so once those cruise ships start generating £ then this is going to fly.

The Jan-Jun 2019 average Mcap of £840m (602p) will be achieved in the next 12 months for sure and that will be just the start.

Sir R is now on a mission. This after all is his baby and he’s already a Billionaire so it’s not about the money. It’s more than that. It’s pride.

Strap yourself in, be patient and you will be rewarded.

We are all winners today especially Accipiter because his missus is going to be all over him tonight, mind you after 30 years of marriage I couldn’t think of anything worse! Ha Ha.

C’mon FJ take the plunge, one of the ships would have to sink for the share price to go back to £2.60. It’s never too late to join the party.

I think we are going to need the local cruising announcement to break and stay above the £4 resistance.

.

And the winner is....ME!!!!! £3.89 ha ha

First time I have ever won anything. Lol

I think it’s a great RNS and lots of good news especially under the circumstances.

Too many highlights to list but what caught my eye was the reduction of the 17 levels of management down to 5 and setting up channels to listen to staff to improve morale. Only someone like Sir R who has serious £ invested would do this.

So many organisation are top heavy with “Managers” busy doing nothing. Boris take note.

The next problem a lot of us have got is when to get the shares from our trade accounts into our isa accounts. This process takes a few days ie sell, txfer funds, buy back.

I just know I’m going to get the timing wrong. I was also wrong about it getting walked back to £4 it’s running!

Share price guesstimate for close of play tomorrow please.

I’m going for £3.90 !!

Keep up the good work Banbury/Beach you are a good double act!

Just got the following email from Saga.

It is both inspiring and reassuring as an investor the amount of work the Saga team are putting in to turn the good ship Saga around.

Exciting news! We’ve just launched a brand-new Winter Sun brochure, which contains a range of great value holidays throughout Europe and further afield.

https://travel.saga.co.uk/holidays/holiday-types/winter-sun-holidays.aspx

Ok so everyone reading this knows (or should do) that there is no such thing as a “Market Maker” anymore.

Years ago (in the old movies) I’m guessing they were the guys in a circle shouting “buy/sell”?

This is all now run on a Computer and driven by an algorithm (program). This program is designed to generate traffic ie buys and sells because that is how they make their £.

The recent drop from £4+ to £3.30 ish wasn’t because more people sold than bought it was “walked down” by the program because every transaction makes them £ and now the reverse will happen making them more money when they take it back to £4.

If we just sit tight and hang on to our shares then (as millionaire keeps banging on about) we are going to be sitting pretty in 12 months.

£4 when local cruising announced.
£5 when international cruising announced.
£6 when those ships finally pull out of the port.
£7 when me and JoeSoap head for the hills.

If you’re tempted to sell/trim before £7 then remember the words Buffett used in his year-end report quoted from Lynch’s One Up On Wall Street.
"Selling your winners and holding your losers is like cutting the flowers and watering the weeds."