Saga Live Discussion

Live Discuss Polls Ratings
Page

Medway Man 20 Apr 2018

Re: Peel Hunt I actually said that in the cruising passenger community......SAGA Cruises are viewed as.......... etc etc.Everyone has the right to choose who they sail with.......all I was pointing out is that people should not be thinking that new SAGA cruise ships are a game changer.....they are not. Equally you must remember that in many cases, the cost of a cruise (for many cruise brands) often only pays for the ships fuel (and flight fare, if a flight is involved), they make money from bums on seats.......the money spent in bars, fine dining restaurants, casinos etc.....................so if you have little ships (according to SAGA cruises site the total capacity for the 3 ships currently in service is 2168 - with largest 999 passengers) which SAGA currently has, then there is less scope to make money....especially compared to a ship that has 4000+ passengersShould you choose not to do a cruise, that's your choice.........I have no choice as such, as a flight could kill me, due to a medical condition.

WhoSparticus 20 Apr 2018

Re: Peel Hunt So what you are saying is that SAGA shouldn't bother with cruise ships as Medway Man and his mates have their favourite supplier and like to make jokes about SAGA just to prove they are right in that choice. They might as well give up the insurance business as there are people who are loyal to their own choice of company. SAGA aims its products at people over 50. These people , by and large, are NOT imminently going to shuffle off this mortal coil, they DO have more money than those younger people (though there role in the bank of Mum and Dad might affect this) and might well choose a SAGA cruise. Personally I wouldn't be seen dead on a cruise ship of any description, but that is my choice.

Medway Man 20 Apr 2018

Re: Peel Hunt If memory serves me right... 2.5million UK passengers now cruise per year, the bulk of which sail on Carnival Group (UK/USA)Ships which include the brands of P&O, Cunard, Princess, Carnival, Costa and others.People have been making reference to SAGA and its cruises and planned new ships on here over recent days........As someone who does 2 or 3 cruises a year with a competitor; SAGA cruises have two major negative issues (justified or not)! The first issue is an image issue, that in the passenger cruising community the in joke is "you have to take your own coffin as part of your luggage on a SAGA cruise" as the average age (rightly or wrongly) is very old................. the second issue is, that because they are geared to the elder person, their prices are exceptionally dearer than others; I guess they assume the silver hair brigade (of which I am one) have more disposable money. As to their new ships........ unless they have real stand out features etc, they could well be out marketed by others. For instance, P&O have a new ship coming into service in 2020 of which we plan to be on the maiden cruise; which is bigger than the current flag ship Britannia....... and my wife thinks she read somewhere on a cruise blog, they have announced 2 further ships. No doubt RCI, Princess etc will all be adding more ships in the coming 5 years.Cruise passengers do actually become very loyal to a brand and a ship......and no doubt those who cruise with SAGA will continue to do so; but that is likely to be true of passengers on their competitors - you might get a tiny increase, for people who will try a new ship just to see or novelty value.....but then they go back to their preferred ship or brand.Please don't think I am trying to knock SAGA cruises, I am not; I am just telling it, as it is......... I will openly admit, SAGA does not feature in my thoughts for when we book a cruise, but there again, neither does RCI (awful)................each to their own!

oldjoe1 20 Apr 2018

Re: Peel Hunt SAGA Saga Ltd making a recovery here from a very firm base. The technicalls point to a very quick recovery to former highs as resistance above is very weak. Cruises are the New Hip thing here pushing growth. P/E going forward 9.7, cheap imo.<img src="[link]

nk1999 15 Apr 2018

Peel Hunt From Citywire 13/04:"Saga growth will stall but don’t worry, says Peel HuntWeak growth awaits broker Saga (SAGAG) but Peel Hunt says the shares were still undervalued and the business ‘attractive’. Analyst Andreas van Embden retained his ‘buy’ recommendation and target price of 195p on the stock, after mixed full-year results that showed profit before tax increased 1% to £190 million but ‘with a disappointing mix’. The shares jumped 5.7% to 123.7p yesterday on the news.‘Saga’s transition towards an affinity broker model came under pressure last year, with the broker losing competitive momentum due to Saga-specific issues,’ he said. ‘At a price/earnings of c.9x 2018/19 earnings per share, the shares are undervalued relative to a typical 16-18x broker multiple.‘While we acknowledge weak growth ahead, fundamentally we believe Saga is an attractive business with strong cash generation potential once the transition is achieved.’"

gamesinvestor 12 Apr 2018

Re: Prelim results "Overall I'm disappointed with myself for not seeing the fall in sp coming but buying at 136 "Yep - sentiment mirrored, and the same in price for me at 136.28 on 28Sep2017 - so a 6 1/2 months of dead money so far. With the 6p dividend and the 3p back in October it'll be closer to break even if the shares stay around the 125 level.Games

II Editor 12 Apr 2018

NEW ARTICLE: Why FTSE 100 recovery has stalled "Fading fears of a full-blown trade war between the US and China has been a big positive for global stockmarkets, but equity investors are now taking money off the table ahead of possible US air strikes against Syria.Already at odds with Russia ..."[link]

FRTEB 12 Apr 2018

Re: Prelim results With the final dividend now increased to 6p (ex div in May) that makes an annual dividend of 9p worth 7.3% with a current sp of 123. Satisfying to read this in the results: " The increase in the dividend to this level reflects our ongoing confidence in the stability of our highly cash generative model. " I see the venture into cruise ships as a positive - it's a well known profitable business model that caters primarily for the older generation - a demographic Saga knows well. I just hope they don't have some of the new cruise ship teething problems that hit the headlines a few years ago... Overall I'm disappointed with myself for not seeing the fall in sp coming but buying at 136 gets me a running yield of 6.6% so mustn't grumble and I'm holding for the long term anyway.

millwallfan 12 Apr 2018

Re: Prelim results Better than I expected. I was a first time investor at £1.15 as I assessed they were oversold at that point. Will hope to take dividend then consider sale in summer if sp £1.30 circa.

gamesinvestor 12 Apr 2018

Re: Prelim results suppose the +ves here are :-1. Cash generation allowed debt leverage to be reduced from 1.9X to 1.7X so heading in the right direction.2. Confidence to increase the dividend by 5.9% to 6p in May3. At least the fudged profit figure shows a 1.4% increase4. The travel business looks to be doing well with a 36% jump in profits5. They seem to be getting their in house underwriting to work profitably6. Building 2 cruise ships - let's hope the fad for cruising doesn't fall off by 2020So far it's up 7.35% in a flat market -- bit of luck I might break even on this one lol !Games -- what possessed me to buy this eh?

gamesinvestor 12 Apr 2018

Prelim results [link] sure what to make of this lot yet, but market has responded +vly.Games

T-D 11 Apr 2018

Re: New rns Gone above 3%. What their holding was before if any, is any ones guess.Hoping for a rise on the back of some positive results tomorrow. GLA

WhoSparticus 11 Apr 2018

Re: New rns Not necessarily. They would not needed to notify anybody until they break the 3% barrier. So they could have had 2.9% say and then bought 0.5% yesterday.

millwallfan 11 Apr 2018

New rns Does this mean setanta asset management have taken a new and first 3.4% stake in Saga?

latife 26 Mar 2018

rise A rise at last..... Hope it keeps going up......

Page