TheGreatGame
05 May 2015
Re: 4.1p per share which will be paid on... Oops voted up boydda by mistake.Never mind.I appreciate people posting info on these bbs and nice to see this moving in the right direction.
wakedean
02 May 2015
Re: 4.1p per share which will be paid on... Strangely in these modern times some people don't have email and at least two of my friends don't have a PC and use the Public Library one instead.
boydda
01 May 2015
Re: 4.1p per share which will be paid on... Grow up little boy.
Spain Fund
01 May 2015
Times's Tempus - buy for the long-term now From IWEB :Saga's expansion plans in both insurance and travel, together with its intention to adopt a more progressive dividend policy, means the shares are attractive on a long-term basis. The company, which is well considered as an insurer, is planning to grow both its insurance and travel arms. In the former, it intends to transfer its model of using a panel of other underwriters to spread risk to grow without having to take on even more risk. The firm is also looking to expand into retirement homes and legal services, for example.But the main attraction for investors is its decision to raise the proportion of earnings which it will pay out in dividends to 60% from 40%. The stock is now trading close to its initial price at the time of stock market debut, trading on 14 times's earnings and yields 3.7%. As well, the one for 20 bonus share will be payable next month. "I have been dubious in the past but would be inclined to buy for the long-term now," says The Times's Tempus.
wakedean
01 May 2015
Re: 4.1p per share which will be paid on... Now then, keep it friendly, we don't want to descend into the playground behaviour seen on other forums (fora?)
WhoSparticus
01 May 2015
Re: 4.1p per share which will be paid on... an email which many of us would have received and that only repeats what was in the RNS which anybody reading these posts would have (or should have) read anyway.
boydda
30 Apr 2015
Re: 4.1p per share which will be paid on... What, for copy and pasting an email?
Spain Fund
30 Apr 2015
Re: 4.1p per share which will be paid on 30 ... expected a few Votes for my early post 
a decent day lol
jarfurrank
30 Apr 2015
Re: Full year results If the results have taken a hit by writing the healthcare down to zero.......surely there is a nice wedge due when it is sold to boost the value of the company.
boydda
30 Apr 2015
Re: Full year results or even a 'pretty good' set of results!!!!
boydda
30 Apr 2015
Full year results I think these are a rety decent set of results in the current climate. Once we get rid of the Healthcare overhang.........?Dave30 April 2015 Saga plc Preliminary Results for the year ended 31 January 2015 First set of annual results ahead of market expectations with proposed dividend at the top of the target range Saga plc ("Saga" or "the Group"
, the UK's leading provider of products and services primarily tailored for the over 50s, announces its final results for the financial year ended 31 January 2015. Financial highlights, continuing operations1 31 January 2015 31 January 2014 ChangeGroup Trading EBITDA2 £227.4m £214.5m +6.0%Like-for-like profit before tax3 £195.5m £178.3m +9.6%Pro forma operating earnings per share4 12.6p 11.1p +13.5%Debt ratio (net debt to EBITDA) 5 2.5x 3.1x -0.6xProposed final dividend 4.1p Nil · Trading EBITDA margin of 21.3% (2014: 20.7%)· Strong profit delivery and continued high levels of cash conversion have enabled the Group to beat its debt reduction target· Available operating cash flow of £170.9m, 72.3% of Trading EBITDA (2014: £196.7m; 88.4%), with an increased proportion of trading profits originating in restricted businesses· Proposed final dividend of 4.1p per share, at the top end of the range detailed in the initial public offering ("IPO" prospectus. This dividend is pro-rata for the proportion of the financial year post IPO and equates to 6.0p per share on an annualised basis. Top end of target dividend range increased to 60% of net income· Bonus share scheme and proposed final dividend sees an annualised return of over 8% for retail shareholders invested at IPO6· After the associated non-cash write-down, and the result of the discontinued operation, totalling £220.2m in relation to the previously announced disposal of the public healthcare elements of Allied Healthcare, the Group reported a loss after tax of £133.8m for the year. 1On 15 January 2015, the Group announced its intention to divest the local authority section of its healthcare business, Allied Healthcare. Accordingly, this has been treated as a discontinued operation and is not included in the like for like analysis.2Earnings before interest, tax, depreciation and amortisation, excluding exceptional expenses and fair value gains and losses on derivative financial instruments.3Like-for-like profit from continuing operations is shown before tax, one-off costs associated with the IPO and of issuance of the Group's own debt facilities, interest and service costs associated with this debt for which there is no comparative cost, and net fair value gains and losses on derivatives.4Earnings per share presented to exclude non-recurring exceptional items and by measuring prior to net fair value gains and losses on derivatives, but including pro forma adjustments for interest charges and plc costs to allow comparison between the periods on a like-for-like basis.5Figure for 31 January 2014 shown as the pro forma starting net debt to Trading EBITDA ratio for the Group at the time of the IPO, which has been adjusted to treat all IPO and refinancing costs as paid at that date.6Based on the IPO issue price of 185p per share and the annualised dividend of 6.0p per share.
Spain Fund
30 Apr 2015
4.1p per share which will be paid on 30 June Received from SagaI am writing to give you an overview of our first set of results as a listed company and I am pleased to report that the business has performed very well.We have generated more profit than last year from our continuing operations. Indeed, one of the key measures of this, Trading EBITDA, has grown by 6% to £227.4 million, slightly ahead of market expectations.As we own many expensive assets, such as hotels, most of the profit we generate turns into cash and we have generated £170.9 million of available operating cash flow in the last year. This is important as it means we are well positioned to pay dividends to our shareholders at the same time as being able to invest in growing the business and reducing our debt, should we wish to do so.As a result of this performance, we are in a position to recommend a dividend of 4.1p per share which will be paid on 30 June 2015, subject to approval by our shareholders at our Annual General Meeting. As Saga became a listed company part way through the financial year, this dividend only covers the period since the listing and is the equivalent of a dividend of 6.0p per share on a full-year basis.The proposed dividend is at the upper end of the range we targeted at the time of the IPO, an achievement of which I am very proud. This, in combination with the bonus shares offered to shareholders on the anniversary of the IPO, and based on the original price of the shares of 185p, means that our eligible retail shareholders will see an annualised return of over 8%.In January I laid out our strategy for delivering growth in the coming years. Put simply, we are focussed on releasing the potential in our core businesses. These are motor and home insurance, private medical and travel Insurance, personal finance, our award winning Travel operations and selected new areas where we can build relationships directly with our customers. As a result of this renewed focus, we announced our intention to sell the public healthcare elements of Allied Healthcare. This part of the business is contracted to the NHS and local health authorities where we have no direct relationship with the customer. The sale has not yet taken place but you will have seen that we have treated this part of Allied as a discontinued operation resulting in the write down of its value to nil in our accounts. Together with the other charges in respect of this discontinued business, this has given rise to a charge of £220.2 million in our income statement which will not recur in future years. Although this results in a reported loss after tax for the year of £133.8 million, it is important to note it is a 'non-cash' item in the accounts. This means it does not require the outlay of any cash and has no impact on our day-to-day trading or the ongoing financial performance of the business.I would like to thank you all for your ongoing support. The past year has been a significant and successful one and I am delighted we have been able to welcome over 200,000 of you as owners of the business. It is a privilege to lead Saga and it is an honour to have so many of you as shareholders. In many ways this relationship and engagement encapsulates what makes Saga such a unique business. Our job is now to continue to implement the strategy I outlined to deliver long-term growth and returns for all of our shareholders.We are already making good progress. We are preparing to launch a panel for the provision of motor insurance, are close to finalising the acquisition of Bennetts, the UK's leading motorbike insurer, (subject to the relevant regulatory approvals) and have created Saga Investment Services, our wealth management proposition that is due to launch later this year.If you would like more detail on our results you can find a video and the full statement on our corporate website: www.corporate.saga.co.uk. Otherwise, I look forward to updating you on our progress again soon.Yours s
Rikman63
24 Apr 2015
Upwards Moving up nicely over the last week or so R.
Spain Fund
17 Apr 2015
Free Shares information for employee and customer offer shareholdersHolding date is 29th May 2015 and shares credited on or before 5th June 2015enquiries 0800 015 5429
highsnlows
15 Apr 2015
Re: 'Free' Shares Hi, I have 23rd May 2015 as the allocation day for the 5% (1 in 20) shares.I see this as a long term play, the IPO was a bit disappointing, but there again this never was going to be an IPO with massive gains from the start. It was an opportunity to get in at a price (that could / should have been at a discount to it's value) with the assurance of a 5% bonus after 1 year.I'll be holding for future growth and dividends.HnL
