Member Info for zccax77

They barely make 45 EBITDA per ship. If a new ship costs 450mn and financing interest costs 10% and depreciation another £15mn a year. No sane person would lend them the money for a new ship.

Don't think we will see anything meaningful at the end of the month apart from more jam tomorrow.

I think the cruise partnerships won't happen, they have just been another red herring to bamboozle investors with.

I can see a yield of 9.89%.

So the ship had 100% occupancy?

Https://www.boerse-frankfurt.de/bond/xs2357117881-saga-plc-5-5-21-26.

Bonds are holding up fine.

Historically the motor and home book have enjoyed 30-40% gross brokerage margins. For a book which is £500m that's quite a big number. Even if we get to half of that, it's a lot of money against a cost base of £45m.

Now that he has lost his battle for BOO what are the chances he now tries to do the same here? Maybe atleast get rid of Calamonte?

They say it in the end, they expect opex in insurance to have.

Think of it this way the 67.5m is a sale of assets and the £80m and £30m in 2026 is actual cash coming into the business minus the £25m for restructuring.

When will it be our day for a 73% increase in last SP

Looks like big mike is spreading himself too thinly

I am surprised Spain has not shown him the door. I just can't understand why the cannot increase their margins in line with their competitors such as blue arrow and the best connection. Their competitors operate on 14-15% gross margin on recruitment.

If this happens then this will skyrocket since the UK will have to follow them

Https://ir.viking.com/

Viking selling their 2025 cruises at £592 per diem when Saga are booking at £388. Bodes well for us in terms of ability to jack up prices in the future.

All em shares moving into sticky hands, draining the shorter swamp.

You need capital to invest in physical stores, better if someone like next or MKS acquire them. However, I don't think Polvsen will allow that.

MA getting involved is a bad omen, rather he did not pull the stunt he has pulled in BOO. The only reason I am here is because of Povlsen, our white knight.

Mike taking over boo is bad news for us.

The thing I don't understand is how shein can source from Guangzhou where labour costs are £800-1000 a month versus Bangladesh where labour costs are £100-£200 a month and still be profitable.

Looks like the bond market has ignored Moody's latest guidance:

https://www.boerse-frankfurt.de/bond/xs2357117881-saga-plc-5-5-21-26