Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on SAGA PLC. We currently have 2 research reports from 1 professional analysts.
|20Jan17 03:39||RNS||Holding(s) in Company|
|18Jan17 02:35||RNS||Holding(s) in Company|
|18Jan17 02:29||RNS||Director/PDMR Shareholding|
|17Jan17 07:00||RNS||Change of Auditor|
|11Jan17 07:00||RNS||Trading Update & Notice of Results|
|19Dec16 07:00||RNS||Board Changes|
|16Dec16 01:20||RNS||Director/PDMR Shareholding|
Frequency of research reports
Research reports on
22 Sep 16
"No surprise there then! The Fed left short-term rates unchanged and concluded that, despite the Committee remaining riven by lack of consensus, the case for a rate increase has further strengthened. Fed Funds betting is still for one single 25bp move to take place before the year end, most likely in December. As unlikely as it seems right now, some decisive spike enough to push inflation close to the 2% goal, or for the unemployment rate to test the 4% level, looks to be needed before the FOMC can again achieve clear majority. Nevertheless, the broader economic picture painted by the Fed remains reasonably upbeat, with officials continuing to project two more hikes in 2017, taking the rate to between 1% and 1.25%, followed by three in each of 2018 and 2019, whereupon the discount rate could be as high as 2.75%. Celebrating the news that there is still three or so months before the first of these is actually delivered, all principal US equities markets put in good performances on reasonable volume, with the NADAQ recording its eight record close of the year. Riding on their coattails Asian markets did likewise, with Hong Kong and South Korea's Kospi both closing up more than 1% while other regional indices followed not far behind, leaving only Japan, closed for its Autumn Equinox holiday, to miss out on the party. That said, the strengthening of the Yen that immediately followed the Fed's decision is likely to sap the Nikkei's enthusiasm when it re-opens tomorrow. Market watchers will have a lot of macro information to chew over in Europe today, with the UK Financial Policy Committee due to make a press statement and the release of the CBI's Industrial Trends Survey, while BoE Governor Mark Carney is due to make a speech in Berlin. Elsewhere, publication of the ECB's economic bulletin and Eurozone consumer confidence data is also due this morning. UK corporates due to release earnings include Armadale Capital (ACP.L), Cambridge Cognition (COG.L), Crimson Tide (TIDE.L) and Fishing Republic (FISH.L), along with an AGM statement from Micro Focus International (MCRO.L). Traders will also be keeping an eye on crude prices which made reasonable gains during Asian trading following yesterday's US inventory data release which confirmed the third consecutive week on drawdown. The FTSE-100 is seen rising over 30 points during this morning's opening trade." - Barry Gibb, Research Analyst
22 Jun 16
"One day before the referendum, with polls predicting a dead heat and fevered arguments regarding the potential impact of the UK‟s exit from the EU continuing, Sterling will remain highly volatile and equities touch sensitive. In the absence of other leads or significant news, the FTSE-100 is seen opening with modest gains of around 5 points as it gathers a „dead cat‟ bounce following yesterday‟s losses. As expected Fed Chair, Janet Yellen, was unable to stoke up market enthusiasm in her Senate Banking Panel Testimony yesterday, leaving all principal US equity indices to close with marginal gains, as she sat on the fence declaring the chances of recession to be „quite low‟ while also providing a long list of worries that continue to restrain output growth ranging from hiring, investment and corporate profits. Asia put in a more convincing performance, again led by the Nikkei, as markets responded to greater optimism that Brexit could be rejected tomorrow, although volumes remained low with investors unwilling to take big bets until the outcome is formally declared. There are few other talking points to capture the imagination today, with no significant UK data releases scheduled which leaves only the IMF annual review of the US economy to look forward to later this morning. UK corporates remain in their quiet period, although Debenhams is due to release a trading update. " - Barry Gibb, Research Analyst
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
Retain forecasts for FY17E and FY18E
05 Oct 16
While LFL sales growth of 1.8% for the first 12 weeks of FY17 looked a little light, this was on the back of 2.8% growth in the prior period. H2 comps become easier to lap and Christmas bookings (festive trading comprises 15% of FY sales on average) are up 10% YoY.
The Monthly January 2017
09 Jan 17
Despite all the hullaballoo of the Brexit vote and the subsequent election of Donald Trump as the next US President, the UK stock market prospered last year, especially in the latter few months of 2016. The combination of a depreciating currency – making $ earnings more valuable in relative terms - and the Trump emphasis on infrastructure expenditure drove the stock market higher
A year of expansion
17 Jan 17
Final results are broadly in line with our revised forecasts on most headline levels in what proved to be a difficult year for the Group. That said, it has significantly increased room capacity, which is now +40% ahead at the time of the IPO (+14.5% yoy), which improves its competitive position and offering. We are maintaining our headline forecasts, and with the dividend expected to be held for the foreseeable future producing an 8.7% yield with a NAV in excess of 180p, we continue to believe there is strong long term value offered at present.
Small Cap Breakfast
17 Jan 17
Global Energy Development (GED.L) — To be renamed Nautilus Marine Services. Schedule 1 from developer and seller of hydrocarbons and related products. Reverse takeover. Raising $10.5m via a convertible. Expected 9 Feb. Eco (Atlantic) Oil & Gas—TSX-V listed oil and gas exploration has announced its intention to float on AIM. Assets in Guyana and Namibia. Proposed £2m-£3m fundraise. Diversified Gas & Oil—According to LSE website first day of trading on AIM now expected for 30 January.