Member Info for rupans

https://www.theaustralian.com.au/commentary/coronavirus-omicron-might-be-a-christmas-gift-but-its-too-early-to-be-sure/news-story/779e24b53d154769da225da10b2e0dda

BB,
excellent news indeed. cruises are really flying ... or should i say sailing.
A semi positive note from Motley fool illustrating how undervalued this stuff is:
https://www.fool.co.uk/2021/11/25/sagas-share-price-has-tanked-is-this-a-buying-opportunity/

And to back up BanburyBoy's comment regarding a recent pick up in cruise bookings:

https://travelweekly.co.uk/news/cruise/cruise-bouncing-back-as-agents-report-sale-spike

BB,

Yes it is very encouraging and I completely agree with the analysis that cruise bookings are increasing fast. A quick google search has highlighted a step change in cruise bookings. As long as covid does not turn worse for this country and we have another lockdown then 100% capacity is very achievable soon.

Titan (owned by Saga) are adding more river cruises:

https://travelweekly.co.uk/news/tourism/titan-adds-sailings-in-2022-23-rivers-programme

Hi Banbury,
I think the analysis is good but there is a small discrepency regarding single cabins

Banbury,

Thank you very much for that Banbury. It gives me much more confidence in Saga and that eventually this should be rerated. I just hope that there is no disruption to cruises.

yep molokai
bl**dy covid never ends.

Cheers Poker. Was looking for a quick profit to use on Saga. Now it looks like I will have to wait on both

Firstly well done on your well timed buy.
I have no issue with you. In fact enjoyed our banter over the weekend thoroughly. Really enjoyed correcting you.
And suspect you realised your mistake even though you would not openly admit to it ;-)
Look forward to many healthy discussions in the future

Highest price in last year is roughly £4.60 (or 30p pre consolidation) so RDH could possibly just put a bid forward as it is very cheap if you think about potential in a few years time. Don't mind as lots of opportunities out there for my money.
Will have to see in next few days if he keeps accumulating as a single £1 million buy seems odd considering what he currently holds. Just my thoughts

that is fine with regards to the increase in number of shares (whatever it was) which coincided with the capital raise.

sorry to clarify:

the offer at the time was £370M , there was then a capital raise from shareholders which raised £140 M net and now the market cap is £405 M.
surely you can't argue with that and it makes clear to any new investors the basic truth.

ok Rox how about we agree with this:

the offer at the time was £370M , there was a capital raise from shareholders which raised £140 M net and now the market cap is £405 M.
surely you can't argue with that and it makes clear to any new investors the basic truth.

poker,

agreed but those KPIs look to be met within next few years. I am happy with the new Saga add as it gets the message of 3 year fixed policies out there

Poker,

Absolutely leave it behind especially as we had the whole argument then and someone did the exhastive but exacting calculation back then. We should just be measuring on current projections forward PE ratios and potential risks.
I only interceded because there was an obvious mistake relating a 33p bid to £2.65 now which I felt would confuse new investors as I want investors to know that the previous bid at the hight of the pandemic is significantly higher than the current share price and therefore highlight that this share is grossly undervalued.

Mr Bad,
Unlikely any bid will be coming in now as RDH effectively put a stop to that.
It would now have to be pretty high to get RDH and other insiders/institutions to agree.

Yes Rox I got the £1 question. My parents gave me that puzzle when I was 9.
Anyway I am quite comfortable with my analysis. Yes let's agree to disagree and maybe we can agree once you have thought about it a little more ;-)

jed,

Agreed. they are definitely advertising a lot at the moment. I like the last add as it clearly gets the message out on 3 year fixed insurance policies. And the advert holds your interest with a little bit of humour so definitely well done. And look forward to Saga getting back to a better valuation.

Hi Rox,

you need some learning it looks like from your following comment:

"If you genuinely think that the current share price does not include the £140m raised and it should be somehow added to the current Mcap then you are in the wrong game my friend."

stage 1

company x has equity of £400M and debt of £600M. The company has 400M shares and therefore each share is worth £1.
The Market cap of the company is therefore £400M. The enterprise value of the company is £1 billion
stage 2

Company x raises £100M with100M shares at £1. The company uses this to reduce the debt to £500M. The enterprise value of the company is still £1 billion. The company has not changed in any way. However there are now 500M shares at £1. The equity is now £500M and the debt is now £500M. The market cap is now £500M because of the capital raise from the shareholders. Therefore £100M has been added to the market cap of the company and everything balances out.

This is just for your information Rox. There is a purpose for raising capital and it is not just to shaft shareholders ;-)

Slift. Business as usual for India China and Africa means business as usual for everyone. Piece on the news on Australia coal mining giant which means business as usual "for next 30 years".