Member Info for zccax77

Wait for it to hit low 20's again and then buy to hope to sell to the buy backs when they begin again.

Who do you think is holding the other side of the 6.86%?

Anders Polvson would have counterbid for the whole co and won. His net worth has increased significantly since covid.

If there was a transaction the market would know long before. Saga has always been a leaky ship.

Who knows, maybe he will announce that he is going to refinance the 2026 maturity himself?

I have seen per diems as low as £200 a night. Maybe they want to get to 100% occupancy this year.

How do Azamara make any money based on their per diems and sub-optimal ship sizes? No wonder Royal Carribean offloaded them.

Https://www.proactiveinvestors.co.uk/companies/news/1053784/shein-to-open-uk-warehouse-ahead-of-london-ipo-1053784.html

Asos should sell their mothballed Lichfield warehouse to Shein. It is the right size.

Https://corporate.saga.co.uk/media/4e4gaopj/saga-plc-2024-annual-report-and-accounts.pdf

Note 17: The ships costs £650.5m in total

Note 30: The net debt on the ships is £407m in total

Page 8: Total net debt at year end is £637.2m

In two years when the net debt is down to £500m they could potentially refinance the whole thing collateralised on the two ships.

The ships cost closer to 300m each and outstanding debt is 200m each. Though the market value per ship is closer to 400m each if you can get a slot before 2029.

*ships

Not when there is a 5 year waiting list for a new ship and there are a large number of buyers for small

The current bonds mature in late 2025 and 2026, why do they need to re-finance them so early?

Looks like us investors have been bamboozled again. It surely does not take this long to get a partnership done.

Thanks Rupans

Rupans where did you see the downgrade by Peel Hunt?

Didn't he lose a lot of money by investing in revolution bar group?

I personally think their cruises are a very niche product and far too cheap, they should be atleast £500 per diem instead of the current £368 they charge.

In the latest update they mentioned they would accelerate it.

" I am excited about the potential that partnerships present for Saga and, as a result, we are accelerating the work we are doing to explore such opportunities across both our Ocean Cruise and Insurance businesses."