Member Info for RoxburyHouse

2 blokes playing golf and one hits the ball into the lake. The other one laughs but the smile is wiped off his face when the ball resurfaces and floats back to the owner. Game continues and this time the ball gets knocked out of bounds and disappears over a large wall. Couple of seconds later bounces back by itself. The game continues and both golfers end up in the pub (surprise surprise) and the 2nd golfer says to the 1st. “That ball is amazing! In water it floats, in the dark it lights up, in the rough it lets off a beeping noise you have got to tell me where did you get it? I want one” the other golfer says...

“I found it”

Cut and pasted from the bbc website this morning... word for word.

“Broadly, vaccines are being given to the most vulnerable first, as set out in a list of nine high-priority groups, covering about a quarter of the UK population.

They are thought to represent 90-99% of those at risk of dying from Covid-19.

1. Residents in care homes for older adults and their carers

2. 80-year-olds and over and frontline health and social care workers.

3. 75-year-olds and over

4. 70-year-olds and over and clinically extremely vulnerable individuals.

5. 65-year-olds and over.

6. 16- to 64-year-olds with serious underlying health conditions.

7. 60-year-olds and over.

8. 55-year-olds and over.

9. 50-year-olds and over. Priority will be given to those desperate to book a SAGA cruise.”

Get back into the the hole you crawled out of “Paddyboy” everybody has heard it all before you moron zzzzzzzzzz.

Out of character this kind of reply for me and feel much better for that!

Straight not the filter box you idiot.

The share price reflects the fact the shops are closed and the results in January IMO will be better than expected especially now they have invested heavily in their new app.

Don’t listen to this fool guys he is desperately trying to get the share price down so he can buy.

He is scum.

Thanks RM that makes sense. So we all agree that we are in fact an Insurance Company with a side line in travel!

The negative goodwill has cropped up a couple of times now and I think I even copied it into the Saga History thread but I have got to be honest in saying that even after googling it I don’t understand what it means?

“some of you need to grow up”?

mmmm interesting.

A couple of guys who have clearly stated they are invested are having a bit of banter on an empty discussion board and you chip in and tell us to “grow up” - you can’t be serious?

Are you the reason everyone has bug gerd off and doesn't bother posting?

PC & BB thank you for your detailed answers - much appreciated.

I’m just trying to get my head round the following bullet point that I put in the Saga history:-

“- Approximately 80% of SAGA’s underlying profit is from the Insurance”

Obviously I have copied this from somewhere and was curious to how old you (or anyone?) think this statement is?

When it was made (assuming from the Company) is crucial.

Morning RM yeah I get that when there is nothing to say say nothing but this share had a massive drop yesterday and recovery today and shops locked down in SE immediately and Scotland from the 25th and ehhhm nothing!

Oh well at least there are 2 of us left - maybe could take turns at turning the lights off? I will get a key cut for you.

Good morning everybody some great characters on this board and very knowledgeable interesting people.
Just curious if anybody (Banbury?) knows exactly what % profit the insurance side brings compared to the 2 ships and riverboat offerings?

Any links to backup your theory would be much appreciated?

Thank you in anticipation.

Am I the only person who is still holding these shares?

That’s what it feels like.

Keep checking this board and nobody seems to bother whilst other boards are buzzing?

Or has everything been already said and I’m late to the party?

Almost 6 figures in this now and really really believe in the Company. Hope im not wrong. Lol!!

was on the Jonathon Ross show last night saying that the only thing that frightens him are needles!

Maybe he could be our Ambassador?

Every little helps ha ha

Yes I do think (like any share) we may have to be patient to see the rewards with CARD but once again I have just been over to our local shopping centre and the Card Factory is heaving. Usual queues outside and if that is not a good sign I don’t know what is?

Got to be honest in saying that I am not impressed with the App but it’s only a few months old so can only get better.

They really do have to start pushing the website though especially in the shop window so people will see it when the shop is closed or in lockdown.

Thanks for that PF.
I have checked on google earth and you are correct in saying that it is www.cardfactory.eu.com which is not ideal but as you will it is redirected to www.cardfactory.co.uk
I have had a reply from investor relations to my concern about the Card Factory not using their street presence to really push the website and they informed me they are looking into it. When I hear something positive I will post it in here. Cheers

Great thread guys. I’m heavily invested in here now and have faith. I think everything above is reflected in the current share price. There is downside of course and risk like with any share but also massive upside IMO. The shops are really busy and I have noticed that Customers don’t go in there just to browse like people do in other shops. It’s almost 100% hit rate per person ie everybody buys something however small. Most people I saw came out with bags full of “stuff”. Got to be a good sign?

My main concern is the disconnect between the shops and the website. It’s just not promoted enough (at all?) in the shop window. It’s almost as if they are in competition with each other? I have written to them recommending they change their shop name from CARD FACTORY to www.CARDFACTORY.co.uk
I will report back what they reply.

Think positively PF!
As you are no doubt aware, NI is going into lockdown for 6 weeks from Boxing Day. It could have been a lot worse. What that means is they are open now and until then. Glass half full or half empty? It’s well know that all shops especially the Card Factory will be very quiet anyway in January so although not great it’s shouldn't make a lot of difference to the share price because all the ones in the rest of the UK are open AND we now have a really good on line presence!
Onwards and upwards for CARD in my opinion and the share price will green soon!
GLA

Good morning guys thanks for your comments. Please keep them coming and I will keep tweaking the above until it’s correct. It’s not personal, it’s a joint effort, I’m just the secretary!

Hi selecta I have already got that book! Ha ha

No I’m completely out of AML now (hence the rise!).

Lost faith in Stroll just don’t like how he treats us PIs as if we are something on the bottom of his shoe.

GLA

Here we have a brief history to date of SAGA put together for new PIs visiting this board.

Everybody here has invested because we think that there is currently a huge disconnect between the current share price representative of a company nearing failure and the actuality of a well-funded organisation, reset to core values by a founding family member and operating into the first year of economic bounce-back from a global pandemic.

Its a group effort and we hope reading the summary you will agree with us and invest!

- 1951. Founded by Sidney De Haan.

- 1984. Passed to his son Roger after his father's retirement.

- 1990. Took Private by Roger.

- 2004. Sold to his Management for £1.35bn.

- 2014. IPO with an over inflated Share Price of £1.85 (£2.1bn Mcap).

- 2017 RNS. Profit warning.

- 2019 RNS. Results showing a huge loss.

- April 2020. The losses were caused by large amounts of negative goodwill and the Company including its Management losing its way. Covid created the perfect storm resulting in the Company losing 95% of its value.

- Oct 2020. Prompted by a failed PE bid of 33p (Old money) Sir Roger on his white stallion entered the affray. He came up with the following rescue plan :-

- Share DILUTION at a rate of 5 new shares for every 9 existing to raise £140m (net) swiftly followed by a 1 for 15 share CONSOLIDATION.

- Paying off £40M of revolving credit along with £64M of an existing £134M loan and extending the balance of £70m to May 2023. Available cash £36m.

- £100m undrawn revolving credit facility remaining available until May 2023.

- Roger De Haan invested £100m of his own cash in the fund raise at premium to retail share price, rejoined board as CEO & implimented new strategy for sustainable growth & profitability. All other directors took up pro-rata entitlements.

- Insurance & underwriting sides performing 'resiliently' and will grow as emerge from Covid.

- Travel side on hold due to Covid but set to resume Q2 2021.

- Significant actions to reduce operating costs have been taken and the cash 'burn' for the Travel businesses is expected to be in a range of £6m to £8m per month which includes all operating and financing expenses.

- Cruises, will incl pre-screening of passengers, & extra safety provisions onboard. Two mid size cruise ships, each capable of generating £40m EBITDA per year (£80m pa total).

- Mainly over 50's customer base, with strong loyalty, & fastest growing & most wealthy component of the population.

Approximately 80% of SAGA’s underlying profit is from the Insurance and estimated to be valued alone between £1bn to £1.6bn.

- MCAP Today £394m compared to £560m in Jan 2020 (preCovid) and £2.1bn in 2014 (IPO).

Topped up again.

So IMO a great buying opportunity. (Hope i am right)

Unless I'm missing something here i just cant see how Card cant go up in the next 3 to 6 months. In fact again IMO but double!

Every time i walk passed any of the shops they are really really busy. They also sell stuff for parties and boy is the nation going to PARTY when this vaccine has finally been rolled out.

From the “table”

£3.65 18p 23p 28p £1.86 £419M << Lowest Price

£3.97 20p 25p 30p £2.00 £456M << Dilution 1

£15.87 79p 100p 120p £8.00 £1.82B << Roughly now.

The new table (Sunday) has got a more up to date share price reflecting the latest rise.

My apologises NS i misread your post.
The Works and CARD are “my dirty little secrets” and both way undervalued IMO.
Every time i walk passed either there are queues outside waiting to get in and customers walking out with full bags of “stuff”.
Obviously things will quieten down after Xmas but then there is Easter etc etc

Yes i have missed you also Doofus, next time you go away can you at least give us some notice please?
I love your posts (and yours Banbury).

Thu, 10th Sep 2020 15:26
RNS Number : 6610Y
SAGA PLC
10 September 2020
 
“Having taken significant actions to reduce operating costs, we expect the cash 'burn' for the Travel businesses to be in a range of £6m to £8m per month in the second half of the year, including all operating and financing expenses.”

So what is the going rate (monthly payment?) for a ship these days?