dsotm73 Posted September 2, 2016 #1 Share Posted September 2, 2016 (edited) . . . so I used the opportunity to buy my 100 shares. The dividend payout is good and enhanced by the OBC once or twice a year. Carnival Corp (NYSE:CCL) stock was down on Friday following an update from Morgan Stanley analysts. Morgan Stanley lowered its rating for cruise company Carnival from “Equal Weight” to “Underweight.” It also decreased its target price for the company to $48. This is a $6 drop, or 11%, from its old target price of $54. According to TheStreet.com, which has a “Buy” rating for CCL, Morgan Stanley lowered its target price and rating due to a lower interest in cruises in August. The Doral, Fla.-based company also saw cruise prices decline during that time. Edited September 2, 2016 by dsotm73 Link to comment Share on other sites More sharing options...
Rare jimbo5544 Posted September 2, 2016 #2 Share Posted September 2, 2016 . . . so I used the opportunity to buy my 100 shares. The dividend payout is good and enhanced by the OBC once or twice a year. Carnival Corp (NYSE:CCL) stock was down on Friday following an update from Morgan Stanley analysts. Morgan Stanley lowered its rating for cruise company Carnival from “Equal Weight” to “Underweight.” It also decreased its target price for the company to $48. This is a $6 drop, or 11%, from its old target price of $54. According to TheStreet.com, which has a “Buy” rating for CCL, Morgan Stanley lowered its target price and rating due to a lower interest in cruises in August. The Doral, Fla.-based company also saw cruise prices decline during that time. Still wish I bought more when it was really down Sent from my iPhone Link to comment Share on other sites More sharing options...
doconner Posted September 2, 2016 #3 Share Posted September 2, 2016 CCL stock goes up and down with quite drastic swings. If you are happy that you bought it, then that's what is important. However, individuals need to understand the risk/rewards and make the personal decisions themselves. Link to comment Share on other sites More sharing options...
Rare jimbo5544 Posted September 2, 2016 #4 Share Posted September 2, 2016 CCL stock goes up and down with quite drastic swings. If you are happy that you bought it, then that's what is important. However, individuals need to understand the risk/rewards and make the personal decisions themselves. As with any venture into the market. Sent from my iPhone Link to comment Share on other sites More sharing options...
dsotm73 Posted September 2, 2016 Author #5 Share Posted September 2, 2016 For sure. I had already made up my mind to buy some prior to my next sailing, so the minor correction presented an opportunity. That's not to say that it won't go down further in the short term, but, yeah, I'm happy with the decision. Very small portion of my investments and the dividend rate is higher than a CD. Link to comment Share on other sites More sharing options...
riffatsea Posted September 2, 2016 #6 Share Posted September 2, 2016 Strange though? They said August bookings were down but the cruises I have booked are selling out quite fast and prices are going up. Agree that stocks go up and down so good for you that you picked today to buy some! Link to comment Share on other sites More sharing options...
WeddNcruise Posted September 2, 2016 #7 Share Posted September 2, 2016 At a 100 shares how much does a dividend payout if you don't mind my asking? New to the whole stock market/buying shares thing. Reading a lot and trying to learn more Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
mrobstad Posted September 2, 2016 #8 Share Posted September 2, 2016 All the cruise stocks are much lower than a year or 2 ago.....NCL went up to 60 and now its at 35. Sent from my iPad using Forums Link to comment Share on other sites More sharing options...
woodman Posted September 2, 2016 #9 Share Posted September 2, 2016 (edited) I paid $48 and change for 100 shares. Since I bought it I have received $500 OBC so far and have 2 more cruises to clam the OBC for. That makes $700 in less then 2 years. So It lost 5% last week I still make money in OBC. I lover it and wish they would offer additional rewards for 200 shares. I would buy as soon as they offered it. Edited September 2, 2016 by woodman spelling Link to comment Share on other sites More sharing options...
Domino D Posted September 2, 2016 #10 Share Posted September 2, 2016 (edited) Can I ask what the on board credit is for stock ownership? I wouldn't normally buy stocks like this, based only on dividend, yield, and growth. But now I'm wondering if a the OBC for 100 shares would offset the difference in performance. *Edit* Never mind found it on google. It's $100 for a seven day cruise from what i saw. Edited September 2, 2016 by Domino D Link to comment Share on other sites More sharing options...
CheapieD Posted September 2, 2016 #11 Share Posted September 2, 2016 Stock credit depends on the length of cruise. Varies from $50 to $250. http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9Mjc0MjIzfENoaWxkSUQ9LTF8VHlwZT0z&t=1 Definitely not worth buying for only the obc. Carnival's stock has under performed the market for a period of time. Even if you are even before taking into account obc you have to take the opportunity cost into account. Carnival stock has underperformed the stock market. Using today's closing price of 46.xx from 10 years ago 41.xx gives you a return of 10%. By contrast the Nasdaq had returned over 205% in the same time frame. So the $41xx you invested in carnival would be worth $46xx. Has you invested that same $4100 in a QQQ or an index fund you would have over $8200 (you also would have earned dividends for both carnival and the index fund/QQQ. This year that would be about $140 for Carnival and $90 for QQQ) It would take a lot of cruises to make that back. ( and obc only can be used on products/services that are inflated in price on Board). Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
zoncom Posted September 2, 2016 #12 Share Posted September 2, 2016 (edited) CHEAPIES correct. CCL is really a rather lousy stock, especially compared to RCL. But if you are a constant cruiser doing 14 day cruises or longer worthwhile, think Princess. Then stick it in a Roth and forget about it till next longer cruise. Remember it takes 100 shares. Not an insegnificant investment. Edited September 3, 2016 by zoncom Link to comment Share on other sites More sharing options...
Domino D Posted September 3, 2016 #13 Share Posted September 3, 2016 Definitely not worth buying for only the obc. Sent from my iPhone using Forums Yeah, no offense to anyone, but I tend to agree. There are plenty of investments where earnings will outpace the OBC component. If you like your CCL investment I'm happy for you, it's just not for me. Link to comment Share on other sites More sharing options...
pms4104 Posted September 3, 2016 #14 Share Posted September 3, 2016 At a 100 shares how much does a dividend payout if you don't mind my asking?New to the whole stock market/buying shares thing. Reading a lot and trying to learn more Sent from my iPhone using Forums I believe the current dividend is 35 cents per share per quarter ... $140/year for100 shares. Link to comment Share on other sites More sharing options...
RjayB Posted September 3, 2016 #15 Share Posted September 3, 2016 The lousiness of a stock depends on the price when purchased...I paid about $25/share when the markets crashed....it is worth almost double that now :) Link to comment Share on other sites More sharing options...
glrounds Posted September 3, 2016 #16 Share Posted September 3, 2016 Stock credit depends on the length of cruise. Varies from$50 to $250. http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9Mjc0MjIzfENoaWxkSUQ9LTF8VHlwZT0z&t=1 Definitely not worth buying for only the obc. Carnival's stock has under performed the market for a period of time. Even if you are even before taking into account obc you have to take the opportunity cost into account. Carnival stock has underperformed the stock market. Using today's closing price of 46.xx from 10 years ago 41.xx gives you a return of 10%. By contrast the Nasdaq had returned over 205% in the same time frame. So the $41xx you invested in carnival would be worth $46xx. Has you invested that same $4100 in a QQQ or an index fund you would have over $8200 (you also would have earned dividends for both carnival and the index fund/QQQ. This year that would be about $140 for Carnival and $90 for QQQ) It would take a lot of cruises to make that back. ( and obc only can be used on products/services that are inflated in price on Board). Sent from my iPhone using Forums Dead on. The product of logic and reason over hype and glitter. So refreshing and uncommon these days. :) Link to comment Share on other sites More sharing options...
CheapieD Posted September 3, 2016 #17 Share Posted September 3, 2016 (edited) I guess the other option is to play both sides of the equation. If you have 2 brokerage accounts you could buy 100 shares while simultaneously shorting 100 shares. You would be out the commission both directions so it would only make sense on a 14 day cruise. Once you get the confirmation of the buy you could close both positions. So depending on commission and margin rates you would probably pay $50-$75 in fees to buy $250 in obc. Sent from my iPhone using Forums Edited September 3, 2016 by CheapieD Link to comment Share on other sites More sharing options...
Crusin Hogs Posted September 3, 2016 #18 Share Posted September 3, 2016 I guess the other option is to play both sides of the equation. If you have 2 brokerage accounts you could buy 100 shares while simultaneously shorting 100 shares. You would be out the commission both directions so it would only make sense on a 14 day cruise. Once you get the confirmation of the buy you could close both positions. So depending on commission and margin rates you would probably pay $50-$75 in fees to buy $250 in o Sent from my iPhone using Forums If you are paying 50-75 dollars to buy /sell that is high , I pay $7 to buy $7 to sell with Scottrade ,unlimited number of shares Link to comment Share on other sites More sharing options...
Frank12 Posted September 3, 2016 #19 Share Posted September 3, 2016 The lousiness of a stock depends on the price when purchased...I paid about $25/share when the markets crashed....it is worth almost double that now :) Me too. If it goes back down below $35 I'm going to buy some more! Link to comment Share on other sites More sharing options...
CheapieD Posted September 3, 2016 #20 Share Posted September 3, 2016 If you are paying 50-75 dollars to buy /sell that is high , I pay $7 to buy $7 to sell with Scottrade ,unlimited number of shares Well at a minimum you would pay $28 since you are buying x 2, selling x 2. You also are short selling so you are essentially taking a loan and must pay for that (albeit a short time if you move in and out quickly). Also if the broker does not have a large supply of stock to short they will charge you a hard to find fee. So there are more costs involved. Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
POD49 Posted September 3, 2016 #21 Share Posted September 3, 2016 To those of us who pay Federal & State income tax in the USA, the $100.00 OBC is more like $130.00 because it is not taxed as is the dividend. Some day IRS will figure that one out too. Link to comment Share on other sites More sharing options...
Thorncroft Posted September 3, 2016 #22 Share Posted September 3, 2016 (edited) Carnival is having to rebuild a marina in Italy and replace a few boats. Stock will rebound after that. A fruit basket won't cover this event. ;) Edited September 3, 2016 by Thorncroft Link to comment Share on other sites More sharing options...
riclop Posted September 3, 2016 #23 Share Posted September 3, 2016 Still wish I bought more when it was really down Sent from my iPhone You will get another chance. Link to comment Share on other sites More sharing options...
coevan Posted September 3, 2016 #24 Share Posted September 3, 2016 If I bought a 100 shares on Tuesday, will I be able to use it on my January cruise? We are also sailing B2B, do we get $100 on each leg? Link to comment Share on other sites More sharing options...
tidecat Posted September 3, 2016 #25 Share Posted September 3, 2016 If I bought a 100 shares on Tuesday, will I be able to use it on my January cruise? We are also sailing B2B, do we get $100 on each leg? Yes, you'll need to submit your request for OBC twice (once for each leg), as it is considered two separate cruises. There is no limit to how many times the credit can be used in a year. Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
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