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Saga (SAGA)

London
Symbol
Exchange
Currency
SAGALondonGBP
SAGAlBATS EuropeGBP
Currency in GBP
Disclaimer
107.71
-7.09(-6.18%)
Real-time Data

SAGA Price Commentary

50 p here this morning, but also markets on the verge of a decision as to higher or lower in medium term, so i'll sit it out until i see some 100 or 200 point move on ftse until i press buy on this
Going to take a 6100 share punt when 49 p arrives...IF...FTSE and markets in general are not in freefall, if they are then i will wait it out
When you consider the 185 float of this company and the millions of people who bought the 10 shares purchased one share free plan, and now they are sitting on a huge loss...and they will never ever get that back...ever
going to take a punt with saga when we go to the 49 pence level or there abouts......it held on long enough mid 50's to tell em there is hope at the end of the oldies tunnel
the traders caught unawares now pumping how long before dumping??????
4% dump today, they were impatient it seems
They "could" be taken private of course. there is a trend of doing so atm
not a convincing up day yesterday and thr drop back today is a definite signal of wait for a further drop before the CEO goes and a restructuring comes along
I would say most of its decline is down to the Brexit debacle. I would see an increase in business and rebound for this summer, since holiday planning season is just starting and people will probably take advantage of a stronger pound and better holiday deals. I say 50 will bottom out and a rebound to 70-80 quite possible in the future quarter
Stupid comments, most of the decline is declared from the insurance side.
I think once the 56 is breached we'll see 50p in a quicker time frame
Another depressing drop
the strong moves and volume from 56.50 to 57.80 look like we might struggle to go lower short term
There will be more bad news coming, it never ends with the first warning, the home re insurance for houses will also probably take a hit as people start looking elsewhere.
Thanks for that Rusty, all this is a bit of a gamble from where I sit & will not hold it against you if Saga goes rocketing up. Sold at 58, now 57 so I'm winning!
 I could touch mid 50's this week, at some point a bounce will come along, just so the big boys can fool us and cap their own losses, but it will then resume downwards,,,i wonder when that bounce will be, my guess right now is around the 54pence mark, i may even take a punt if circumstances are right, i'll post here if i do, but it'll be a quick in and out in day or so if i do, after trading costs etc i have to be quick, but i prefer it to spread betting, in case i get caught like i did with Lloyds
Will keep watching & perhaps reinvest if the price is right. I'm surprised the management made such a mess of running this company .
Not a strong enough reaction to passing 60p for it to hold, it will go 55 p next
Hope it stays above 60, could be a takeover target.
 take over target cannot happen to Saga until the mid 30's if you look at the company finances....but, you never know...and maybe if that came it wouldn't be such a bad thing....depends on the dilution rates etc
At last i have my buy price...wait for it, i will be entering Saga at the grant total of just shy of 30 pence...   some months away
The Saga continues
Always returns to initial fall price , then it falls further, i expect 50's next week and restructuring of the company in coming months
May well be oversold, Saga is a bit of an institution. Could head upwards like Easyjet this week.  Maybe 69 is the bottom line. I admit to being a shareholder & tempted by low price today; thinking of buying more.
It was a big gap down today, but as you will already know Saga is capable of providing longs with shock moves South followed by immense periods of boredom and drifting, so surely this can only be expected to worsen now it is no longer an income play.
 just a minute, you have to post without repetition, deviation or hesitation two of which are here
Blame the Android app I'm afraid.
It seems my post on January was slightly out, is was too optimistic, as i said, wrong model, saga  needs a change from bottom up i will enter saga at or near around the 35-45 p mark, which will arrive at some point
cant see it hitting 35p-45p maybe 60p will be bottom
 If you look at their plan, it is ridiculous, they need a change at the top, and a remodel, they cannot rely on cruise insurance to shore up debt. also, their churn on employees has meant they are paying three times the cost of a real employee through temp agencies, this is exactly what companies do before buyouts, or collapse
saga's in a growth market for certain.
They are true, but you can be in a growth market with the wrong dynamics...that is where Saga is and so will return to 90 pence in the near future..they need to remodel and bring new blood in, their tried and trusted attitudes to oldies is wearing thin
Is everyone dead? it is saga, place of the old
One thumb up,,,,one thumb down....one dead and one alive....call it a draw and saga going down to 95p
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