Member Info for rupans

to me RDH's average price speaks volumes as he has in effect Bought £100 M at £2.75. He has seen the books so he will think Saga is worth at least £2.75 per share and he is no idiot and he will have more info than PI's as he is an insider

Friday is a long way off I expect 250p+

REPOST From fjgooner with anotations:

A few weeks ago, I calculated the actual price that Roger De Haan paid for his shares as 18.09p per share in old money - or £2.713 in new money.

Roger’s First Firm Placing: 224,400,000 @ £0.27 = £60,588,000 (original stake and part of funding issue)

Roger’s Second Firm Placing: 124,183,026 @ £0.12 = £14,901,963 (part of original stake and part of funding issue)

Roger’s Placing and Open Offer: 204,250,307 @ £0.12 = £24,510,037 (rights issue available to everyone, where RDH took his share and part of open offer that some investors did not take)

Which constitutes the full purchase of 552,833,333 shares for (exactly) £100,000,000 at an average of 18.09p per share and constituting 26.40 per cent of the Enlarged Share Capital.

18.09p consolidated at 15:1 equates to £2.713.

I hope that helps.

Cruises could be given ‘green light’ in January
Ministers discussing phased restart
By Cruise Adviser Last updated Nov 10, 2020
The cruise industry could be given the green light to restart as early as January, under plans being discussed by ministers.

The Foreign Office issued blanket advice against all cruise ship travel back in July.

According to The Daily Mail, ministers initially discussed industry claims that ships could quickly be made safe. However, following work on improved medical procedures, discussions about a phased restart for the industry are now said to be at an advanced stage.

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More: Read our cruise line cancellations list

The phased restart could mean cruise lines start operating “domestic” cruises around the UK from January. If these trials are successful, a wider lifting of the ban will be introduced over the following months. However, reports said that operators would be responsible for repatriating guests in the event of an outbreak on board.

A Whitehall source was quoted as saying: “We are working on a framework to allow the industry to reopen safely early in the new year.

“That will allow cruises to restart and enable bookings to take place to start bringing money into the industry again.

“We need to be sure that ships have the right infection control measures in place, the right testing regime and the right facilities to allow them to contain an outbreak.

“In terms of foreign cruises we will need an acceptance that operators have to take responsibility for repatriating their passengers.”

sharefall,

agreed I just dont want new investors getting the wrong info.

pianista is right

sorry tiger not to be rude but find out how much he bought at what price. We did the calcs a long time ago and came up with circa 275p on average

tiger

wrong!!! he did not buy 20% at 405p (27p old money). Go away and read more

Tiger I do agree with your last sentence:
It really is something this is still trading at lower than the rights issue price given that a resumption of cruising in March is now very clearly on the cards.
Which makes Saga an absolute bargain

also Roger de Haan bought a lot more as apercetange of his holding at 27p at 12p

TigerBythetail,

Not correct it is ((27p * x) + (12p * y))/(x+y) ~= 275p

Dad,

You are getting a bit senile. roger de haan did not pay £4.05 per share for his 20%. The average he paid per share is around £2.75 per share. Just in case new investors are looking.

cheers banbury will have a look

How much debt does hastings have?
How many policies do they have each?

SAGA SUSPENDS CRUISE OPERATIONS UNTIL SPRING
03 NOV 2020
BY TOM PARRY
Saga has suspended its cruise programme until spring 2021 due to the tightening of coronavirus restrictions.
Sailings will restart in April, while the inaugural for Spirit of Adventure will take place in May
Sailings will restart in April, while the inaugural for Spirit of Adventure will take place in May
Spirit of Discovery will restart sailing in April, while the inaugural cruise of the line’s next new-build vessel, Spirit of Adventure, will take place in May.
A spokesperson said: "With Covid-19 bringing increasing restrictions to day-to-day life and most countries still not accepting cruise ships, we have taken the decision to further extend the suspension of our cruise operations."
Saga said cruise bookings for 2021 and 2022 "remain strong" showing evidence of "pent up demand for our boutique cruise offer".
"The health and wellbeing of our guests and crew, however, is our number one priority and we have taken our decision to extend the cruise suspension against that backdrop," the spokesperson added.

Rox, agree that this is a winner. However saga can not really bring forward cruises due to planning with ports and selling tickets to customers.

however i suspect the market reaction would be bad on Monday as it could mean cruising is further put back!!!

actually there would be another fall in car insurance claims in especially the over 70s who are asked to be extra careful

not quite that simple as when dilution happened saga also got £140m

cheers