Paul65 Posted March 23, 2010 #1 Share Posted March 23, 2010 The stock is trading higher this morning at about $32.50/share on news that they've settled final financing arrangements for the Allure of the Seas. Link to comment Share on other sites More sharing options...
PattyG12 Posted March 23, 2010 #2 Share Posted March 23, 2010 Thanks Paul. I noticed how well it was doing but wasn't quite sure why it was doing so well. Wonder if it will pass CCL one day? Link to comment Share on other sites More sharing options...
negc Posted March 23, 2010 #3 Share Posted March 23, 2010 Thanks Paul. I noticed how well it was doing but wasn't quite sure why it was doing so well. Wonder if it will pass CCL one day? Probably not, since CCL is so much larger a corporation, but passing CCL isn't the goal. Becoming more profitable is and they seem to be achieving that goal. Just off the Navigator and everything (food and service especially) was first rate.:) Who knows, at some point they might even reinstate the quarterly dividends.;) Link to comment Share on other sites More sharing options...
Paul65 Posted March 23, 2010 Author #4 Share Posted March 23, 2010 It depends on what Patty meant by passing CCL. If she means in price per share, that is certainly possible. It's not very likely in total market cap., though. Link to comment Share on other sites More sharing options...
emmy Posted March 23, 2010 #5 Share Posted March 23, 2010 Probably not, since CCL is so much larger a corporation, but passing CCL isn't the goal. Becoming more profitable is and they seem to be achieving that goal. Just off the Navigator and everything (food and service especially) was first rate.:) Who knows, at some point they might even reinstate the quarterly dividends.;) Good news about the stock and good news Bill about Navigator as we will be sailing the TA on her in 18 days:) Fist time doing a TA for us. Link to comment Share on other sites More sharing options...
LeesSummitCruiser1 Posted March 23, 2010 #6 Share Posted March 23, 2010 My cruise charges from the raidence will be shown as a seperate income line in the annual report.:):) Link to comment Share on other sites More sharing options...
mzyizy Posted March 23, 2010 #7 Share Posted March 23, 2010 Glad I bought at $6 a share! Link to comment Share on other sites More sharing options...
Ocean Boy Posted March 23, 2010 #8 Share Posted March 23, 2010 Good, maybe soon I will be able to unload it and at least break even. Link to comment Share on other sites More sharing options...
Guest cadd4u Posted March 23, 2010 #9 Share Posted March 23, 2010 ditto that Ocean Boy Link to comment Share on other sites More sharing options...
Gonzo70 Posted March 23, 2010 #10 Share Posted March 23, 2010 The stock is trading higher this morning at about $32.50/share on news that they've settled final financing arrangements for the Allure of the Seas. Actually it is moving based on Carnival Corps's earnings report (improved booking trends and higher prices despite higher fuel cost having a negative impact). See: http://www.forbes.com/2010/03/23/carnival-royal-caribbean-markets-equities-cruises.html?partner=yahootix When one cruise line has good news, it moves the other cruise line's stock and visa versa. Link to comment Share on other sites More sharing options...
Gonzo70 Posted March 23, 2010 #11 Share Posted March 23, 2010 Thanks Paul. I noticed how well it was doing but wasn't quite sure why it was doing so well. Wonder if it will pass CCL one day? You can't compare companies based on the price of their stock - one company may have triple the number of shares, so comparing just the stock price is meaningless. One comparison you can do is look at the Market Cap: You multiple the share price times the total number of shares. This provides you with the "value" of a comopany. RCL's Market Cap is 7.04 Billion CCL's Market Cap is 30.3 Billion. So even though their shares are trading at a similar dollar amount, CCL has much, much higher net worth as a company (this does not mean they are a "better" quality company, just that their net worth is higher). Link to comment Share on other sites More sharing options...
Paul65 Posted March 23, 2010 Author #12 Share Posted March 23, 2010 Actually it is moving based on Carnival Corps's earnings report (improved booking trends and higher prices despite higher fuel cost having a negative impact). See: http://www.forbes.com/2010/03/23/carnival-royal-caribbean-markets-equities-cruises.html?partner=yahootix When one cruise line has good news, it moves the other cruise line's stock and visa versa. If that's it, the analysts must think pretty highly of RCI's position to take advantage of the trend, because RCI's stock is up 4+% on good news for CCL, while CCL stock is up about 1.5% on their own good news. Link to comment Share on other sites More sharing options...
Gonzo70 Posted March 23, 2010 #13 Share Posted March 23, 2010 If that's it, the analysts must think pretty highly of RCI's position to take advantage of the trend, because RCI's stock is up 4+% on good news for CCL, while CCL stock is up about 1.5% on their own good news. RCL tends to be more volatile than CCL - it moves up more on good news than CCL, but drops down further on bad news. Link to comment Share on other sites More sharing options...
kc320 Posted March 23, 2010 #14 Share Posted March 23, 2010 Of course RCL's stock is up this week...I sold a couple weeks ago at $28.50..buy high..sell...low...whoops...:( Link to comment Share on other sites More sharing options...
molly361 Posted March 23, 2010 #15 Share Posted March 23, 2010 Of course RCL's stock is up this week...I sold a couple weeks ago at $28.50..buy high..sell...low...whoops...:( I think we are RELATED!!!:eek::p Link to comment Share on other sites More sharing options...
FIRELT5 Posted March 23, 2010 #16 Share Posted March 23, 2010 RCL's Corporate Seniors Notes (Ba-3 (Junk)) 2011-2015 are also doing fairly well !!!!! Link to comment Share on other sites More sharing options...
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