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samiam1

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Posts posted by samiam1

  1. 1 hour ago, sfaaa said:

    Easy you think? Just because you want to sue someone doesn't make your case a class action suit. It has to be approved by a judge first based on legal merits.

     

    Class certification would be a cinch in this case.  The only issue would be whether foreign corps can be sued in the USA or not.  Another reason why the cruise lines deserve not a penny in bail out.

  2. 56 minutes ago, Ray66 said:

    Carnival Still Isn’t Sure if It Will Continue Its Cruise Halt

    The cruise titan will announce its decision this Friday. Says the Motley Fool investments website.

     

    However, it seems there won't be an update until Monday.

     

    Where exactly would they cruise too? China? And remember it is now Fall in the Southern hemisphere and temperatures are dropping which supposedly spread COVID 19.

  3. 4 minutes ago, Captain_Morgan said:

     

    Look no further than NCL America for what happens when they try to register/operate with a majority of American crew...

     

    As for QM2, they re-flagged in order to carry out onboard weddings = added revenue

     

    America has  a national martime academy and six state maritime academies; we can staff and man any cruise ship.

     

    • Haha 1
  4. 2 hours ago, Neuhoftraveler said:

    I did not hear and have not read a transcript of the Carnival CEO's interview on TV last Sunday, but according to a Washington Post article today, he "said that although he hoped the outbreak would not last forever, the company had to plan as if it will continue all year."

     

    Perhaps a US securities regulation expert or stock analyst among us (I'm not one) can keep an eye out for new SEC filings by Carnival, which should tell us what they really think may happen down the road.

     

    https://www.carnivalcorp.com/financial-information/sec-filings/all/

     

  5. 42 minutes ago, Captain_Morgan said:

    Why should companies incorporated in Panama, Liberia, Bermuda, etc. get a bail out?  Perhaps the top dogs shouldn't have been buying back stock to artificially inflate their price for personal profit, and why aren't they dipping into their own pockets to help themselves?!?

     

    Because they are profiteers.  They won't flag USA and even made the QM2 take down the Union Jack to save money.

    • Like 1
    • Haha 1
  6. Just now, Cruise Raider said:


     And again, the so called news stations and journalists post a sensationalistic article when 2 people have tested positive for CoVid.  People of a certain age do pass away and it isn’t confirmed that this virus, the flu virus, congestive heart failure or a stroke or any number of other conditions took these lives. .  

     

    You do understand there is a pandemic?  That ship cannot even be cleared to dock anywhere.

    • Like 1
  7. 6 minutes ago, bluesea321 said:

    This is just outright terrible.  This tragedy will not help CCL's stock but that is the least of my worries.

     

    "Four dead on Carnival cruise ship amid new coronavirus outbreak aboard"

    https://www.cnbc.com/2020/03/27/four-dead-on-carnival-cruise-ship-amid-new-coronavirus-outbreak-aboard.html

     

    Very tragic but it was preventable.  Why did the fools keep operating after it was evident where this was going?  Those ships should have been in port by March 10 or earlier.

    • Like 1
  8. 1 hour ago, Expat Cruise said:

    I will be very surprised if Carnival pays anything to thees claims. Could see several million in legal fees. But suing Carnival is not a easy thing to do, and many will learn that.

     

     

     

    Not easy?  Big class action firms sue much bigger fish than Carnival and win and in this case people have died.

  9. 20 minutes ago, nbsjcruiser said:

     

    I think you make a valid point about pent up demand and I think you're right. It will come but not until next year imo.

     

     It really is a pay me now or pay me later scenario. 

     

    It is becoming evident consumers will demand changes.  Buffets, outdated ventilation systems, cramped unsanitary conditions, and cancellation policies are all going to change. Ships will need to retrofit to meet these trends and that requires more capital on top of likely zero revenue for the next six months.  If the cruise lines don't do this, next norovirus outbreak will be hyped to the moon and we have not seen the fully tally of the COVID 19 effects, there are still sick ships out there trying to disembark ailing passengers and crew.

    • Like 1
  10. 35 minutes ago, muggo11 said:

     And I am buying 300 more shares of CCL this morning!  

     

    Billions of dollars in lawsuits coming against Carnival. Ordinary shareholders will take a haircut.  And not just suits from passengers but shareholders and suppliers.

  11. 1 hour ago, aprilF said:

    These were cruises that departed before lockdowns were going into place.  And as places started locking down, ports were closed.

     

    But they should have stopped earlier and everyone knows it.  Ships already out there should have made for port, not waited and tried to complete doomed itineraries.

    • Like 1
  12. 4 hours ago, Expat Cruise said:

     

    The United States Government should bail out the three major cruise companies. But they should not give them cash or other things that will cost the taxpayers money. Very simple way to do this with no costs to the US and great benefits.

     

    Allow them to do cruises with their Foreign Flagged ships from US Port to US Port with no required Foreign Port. These types of cruises are not allowed under Passenger Vessel Services Act, some people says Jones Act but the Jones Act is for Cargo.

     

    The Passenger Service Act fines the crew line almost $800 dollars per guest on the ship if they break the rules. The answer is really very simple. The US Government waves these fines for a set period of time. Maybe 6 months to a year.

     

    It would allow ships to go from the West Coast to Alaska without stopping in Canada. They could do East Coast Cruises with no foreign port call. Houston, New Orleans, Tampa, Key West, etc.

     

    Once the United States is clear of this virus it would help the US ports and the Cruise lines, it would allow guest to cruise without passports and stay within the United States.

     

    Even very seasoned cruisers would be interested in these cruises which are never offered on very large cruise ships. Except Hawaii Pride of America. Other cruise lines could do Hawaii cruises too. It seems like a win win to me.

     

    Make them flag part of their fleet in the USA if they want tax payer dollars. 

    • Like 2
  13. Carnival of course is a tricky devil, a dual corporation, here are the major shareholder of its public UK twin, Carnival PLC:

     

    Capital Research & Management Co. 109,309,983 20.7%
    Micky Arison 90,670,611 17.2%
    Truist Bank (Private Banking) 38,669,095 7.34%
    SunTrust Banks, Inc. (Wealth Management) 38,532,979 7.31%
    Capital Research & Management Co. (World Investors) 38,236,944 7.26%
    The Vanguard Group, Inc. 32,213,402 6.1
  14. 5 hours ago, Gracie115 said:

     

    "Betty from Princess would like to apologize for the delay in processing your refund, but it is in process and you can expect your refund in approximately 90 days!!"

     

    Isn't that just special...…..

     

    Yep the plan is to run out the 60 days credit card dispute time line and then stiff you if need be.

  15. 21 minutes ago, alc13 said:

     

    The economy - local, state, national, global - needs support, and if holding on to our $$ keeps someone employed somewhere, we can be patient.

     

     

    I prefer to give to actual charity not to for profit coporations and their shareholders who know the risks.  Here who  benefits from holding onto your money, you think they care about you or your family?

     

    Top 10 Owners of Carnival Corp

    Stockholder Stake Shares
    owned
    Total value ($) Shares
    bought / sold
    Total
    change
    Truist Bank (Private Banking) 7.34% 38,669,095 1,293,867,919 +38,477,792 +20,113.53%
    Capital Research & Management Co.... 7.26% 38,236,944 1,279,408,146 -8,032,204 -17.36%
    The Vanguard Group, Inc. 6.11% 32,213,402 1,077,860,431 +1,818,047 +5.98%
    PRIMECAP Management Co. 4.18% 22,016,482 736,671,488 -37,200 -0.17%
    BlackRock Fund Advisors 3.48% 18,305,771 612,511,098 +752,148 +4.28%

     

  16. 2 minutes ago, lderochi said:


     

    I agree that the cruise industry has a Very large impact on the Florida economy, but that story quotes  CLIA  for the number- CLIA has never explained their methodology or even where their raw data comes from. They’re an industry trade group - I take anything they say about their industry’s importance with a grain of salt. 

     

    Not a vital industry.  IMO US hotels, car manufacturers and airlines would come first plus almost all the cruise ships are foreign flagged and many cruise companies are non USA.

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