Saga reports Full Year Results on Thursday, 4 April

• Last time Saga reported: H1 Results, 27 Sept.
• The shares posted a daily range of 11.2p or 8.9%
• Shares-11.9% from 2019 highs; +11.0% from 2019 lows; +7.0% year-to-date.
• Currently 110.9p (at time of writing).
• Could we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Saga – An Example

Let’s say you think that Saga results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Saga using CFDs, at the current price of 110.9p. To do this, you need £2,000.

For the purpose of this example, let’s assume Saga reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. Saga  results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.