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And when the cruises do restart (probably later than 1st May) they could well be on a full occupancy level with all those who have had their cruises cancelled wanting to rebook.
On a separate subject, the planned redundancy programme is moving ahead with a majority of staff affected notified this week.
I think that large scale redundancies in December 2017, again in December 2018 and now (3 sets in 26 months) can hardly be viewed as good management, irrespective of the spin attached. It leads to a low level of staff loyalty and motivation when applied so regularly and drastically
Unfortunately, KCC are not averse to making decisions that defy all logic
May sound good in principle. Unfortunately, my renewal quote came with a 30% premium increase and I was able to get similar levels of cover (excesses etc.) with another leading provider at less than half the saga quote.
Whichever way they dress it up, insurance remains a highly competitive market
Anyone with thoughts on why the SP is diving?
It must be remembered that many of Saga's cruisers would never go near the 5000 passenger size boats and that the profits per passenger are much higher than other mainline cruise companies. They are dealing in a completely different market where quality is important and a high level of repeat business ensues - and many of us are very thankful of that!
But, irrespective of one's views on cruising, this is a pretty solid half year set of figures - that confirms they are on target for the full year and offers a good opportunity for future investment