Member Info for TheFarEnd

Just browsing this morning, thought I was on the TUI site.
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Wonder who posted this drivel? Just part of his 500 posts a month.
All followed by the mandatory DYOR.

Another view.

https://www.marketwatch.com/story/saga-has-missed-a-trick-by-spurning-private-equity-it-should-have-followed-aas-route-11598977428

" Rights issue/open offer, both result in the issue of more shares which = dilution."

no it doesnt.....

if you maintain your % holding in the company by buying in the RI then there is no dilution ... you then hold the same % as you did before.

That sounds like utopia, sadly It doesn’t work like that. Tell us how you can maintain your relative percentage holding in the company when at least an additional 20% of existing shares will have been already issued?
Theoretically, there will not be enough ‘new’ shares available to achieve this. Existing investors cannot maintain their previous percentage.
Result dilution.

Rights issue/open offer, both result in the issue of more shares which = dilution.

"investors will have dilution of their holding"

"Not if they take up the offer in full."
Pianists, makes no difference if investors take up the offer or not, it will be underwritten and every Investor will own a smaller portion of Saga than they did before.
This rights issue is as far as we know is not for acquisitions, so it will not increase revenue.
It appears to me as a way back for De Haan whilst reducing capital debt, they haven't indicated what they are going to do with it.
BTW, did anyone get the feeling that the SP was "marched down" before the announcement, just saying.

Had a limit order set for 25p but not triggered, seems like we've had our fun for today, more patience required.
In answer to the above, 15p has been mentioned.

There's been a lot of talk on here about the future SP but very little about the extra share issues to enable these latest developments which could be approaching nearer 2 billion, that's a considerable dilution.
I think many are getting ahead of themselves with wild predictions. Saga PLC may one day become a £2 billion company, but that day IMO is someway off.
That said Roger De Haan has certainly generated some interest here.
If the MM's hold the market size to 15,000 (which I doubt) but there could be a lot of frustrated traders tomorrow.
Remember, never be frightened to take a profit. GLA.

You beat me to it......

Said in jest Rosewall, but you did ask for views. :-)

Sounds like something your hero Sturgeon should get acquainted with Rosewall.

"Lloy had been bailed out by the TAX payer and the the tax payer never got a return on it and no doubt subjected to the very same comments from holders even though I and probably my then children are still paying for due to the money printing."

Not only is he wrong on the returns (excluding costs) it now appears he's blaming the government's stake in lloyds was the reason for "money printing." Lol.
You'll probably be more at home on the NWG BB, but they're moaning about him over there as well.

With over 350 negative posts on lloyds every month, guess you'll just have to put up with the criticism DT.
I bet your a bundle of laughs at home.

BTW, what happened to your "then children" did they get fed up as well?

Entirely agree GB, sentiment is with LTI on this one.

There's only one person on here who knows what the outcome of the Marshall Wace disclosed position in Lloyds is and he's not involved or invested. He's naive enough to believe if there's a short position on any share then it's going to flounder.
When this story broke he couldn't believe his luck and just had to jump aboard even though he was a bit late.
Any downward movement here and the cries will go up "I told you" you gotta laugh.
Sometimes he can raise valid points but most of the time it's just waffle or other people's words plagiarized from where ever.
Just saying.

"These FTSE Grocery Shares–And U.S. Counterparts–Riding Online Shopping Trend"

http://uk.investing.com/analysis/these-ftse-grocery-sharesand-us-counterpartsriding-online-shopping-trend-200445929

More dovish comments from Powell, as you were, more support, keep printing, more stimulus and now we're covered if inflation gets out of control.
We can't raise rates if we overshoot our target with the labour market struggling.
Just covering all options should they happen, because we haven't a clue.

8 months to elect a new lib dem leader, blimey covid or no covid they're a dynamic lot and I thought Labour were slow.
It's a good job they are not in government.

Furlough costs have reached £32 billion with fraudulent cases rising, it can't carry on.
There's so many payment holidays ATM it's not just about furlough.
Up to 70% of furloughed staff have been working while being paid, companies have been taking the p***
Peeps have to accept the situation there's a recession and jobs will be lost.
Impairments will rise but not as much as the doom mongers would have you believe.
Just my thoughts.

Yeah, we know the Germans have extended mick but the question was will the UK and the ramifications for the lloyds Divi if they do.
What are your thoughts?

In my book it's got to be a positive working on Kallak while the government deliberates.
It would be even more embarrassing if they rejected our application while at the same time effectively giving permission to carry on working there.
It's all a big mess, of their own making.

The UK won't follow suit IMO, the German scheme only pays 60% of time not worked, (short work) employers and employees share some costs of social security contributions it's a lot cheaper than the UK furlough scheme. Besides the Germans can afford it after ripping off all the southern Eurozone countries.
Our scheme is due to end October I believe, why prolong the inevitable.
Disadvantages of extending furlough could reduce labor market flexibility, keeping workers in jobs that eventually need to disappear, and not freeing up workers for new positions as they are created.
Can't see a U-turn here, some employees don't want to return to work it's been a great year especially with the weather.