After a rough ride Saga have bounced back.
They know their market and where they want to be.
They have made a shrewd aquisition and are going in the right direction.
Building a niche market to the ever growing older population.
Also read they will be getting involved in pensions advice.
Onwards and upwards.
As the share price keeps falling it gets past the point where hanging on for the free share after a year is not worth it.
In the end it may cost more by staying in. Saga have far from impressed me in the share offer. They were too greedy
Wonder if the bod think if their loyal customers are happy at the moment.
It was obviously overpriced at launch and even with the free share its not good value.
Not happy and will vote with my feet when my next insurance renewal comes up.
Factoring in the value of the bonus share with the current sp gives us a price of about £1.67
so still way down on the original.
As a Saga customer I am far from happy and bet others are as well.
If I recall correctly a couple of plants were due to come online last December/January.
What has happened to them ?????
What a total sorry state of affairs this is.
If they value their customers maybe they should consider a partial share buy back.
If not this is only going to alienate their loyal customer base who are no doubt already a bit miffed.
Maybe they should buyback some shares to boost the sp for those unhappy loyal
customers who I am one.
Its seems the original price was set too high considering you can buy for over 10 p less now.