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SAGA

Discuss Stock buying Shares, tips and ideas for stock market dealing
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gnawsome
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SAGA

#340991

Postby gnawsome » September 17th, 2020, 4:15 pm

Who can see any 'profit' in taking up the open offer at 12p - even so far as their entitlement?
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WickedLester
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Re: SAGA

#341260

Postby WickedLester » September 18th, 2020, 6:24 pm

I guess it depends on how long it takes for the cruise business to start again. The insurance business is worth quite a sum on its own and there was recently an approach at 33p. Unfortunately due to buying two new ships at exactly the wrong time the company is now highly geared.

I have some shares here bought for around 60p and I also bought a few more at 15p or so for recovery.

I can see upside from here but it may take time. I'm not taking up my entitlement as I have all the shares I want but i'm not selling either.
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