Harry Peterson Posted January 31, 2020 #1 Share Posted January 31, 2020 The outbreak of Coronavirus has hit an already weak Carnival share price: https://www.hl.co.uk/shares/shares-search-results/c/carnival-plc-ordinary-usd1.66 For anyone considering buying, this could be an opportunity, though there's room obviously for further downward movement, depending on events. Could also be a good time to pick up well-priced cruises if people decide to cancel. Link to comment Share on other sites More sharing options...
funinhounslow Posted January 31, 2020 #2 Share Posted January 31, 2020 If you buy Carnival shares now you're a braver man than me! And buying any company's shares for the "perks" is a mug's game... Link to comment Share on other sites More sharing options...
CCFC Posted January 31, 2020 #3 Share Posted January 31, 2020 57 minutes ago, funinhounslow said: If you buy Carnival shares now you're a braver man than me! And buying any company's shares for the "perks" is a mug's game... Its not a mugs game with Carnival, I have had my investment returned by the on board credit alone so I cant lose! The dividends are around £150 a year too. 1 Link to comment Share on other sites More sharing options...
wowzz Posted January 31, 2020 #4 Share Posted January 31, 2020 15 minutes ago, CCFC said: Its not a mugs game with Carnival, I have had my investment returned by the on board credit alone so I cant lose! The dividends are around £150 a year too. Agreed. Although I am sitting on a paper loss at the minute, I'm still earning the equivalent of 4% interest on the dividend alone, let alone the obc. Whilst the shares are tanking at the moment, over the long term I would expect them to recover to at least the £40 or so mark. Link to comment Share on other sites More sharing options...
brian1 Posted January 31, 2020 #5 Share Posted January 31, 2020 Could be worse,you could be a West Ham mug like me.Mugged off by them and Carnival.£4700 2 years ago,went up to over £5000,now £1500 down.Dividends are still better than most other investments.The only way is up,lol. Keep hanging on. Link to comment Share on other sites More sharing options...
funinhounslow Posted January 31, 2020 #6 Share Posted January 31, 2020 31 minutes ago, wowzz said: Agreed. Although I am sitting on a paper loss at the minute, I'm still earning the equivalent of 4% interest on the dividend alone, let alone the obc. Whilst the shares are tanking at the moment, over the long term I would expect them to recover to at least the £40 or so mark. Really?! What can you see happening that would cause them to increase by 25% Link to comment Share on other sites More sharing options...
Harry Peterson Posted January 31, 2020 Author #7 Share Posted January 31, 2020 9 minutes ago, funinhounslow said: Really?! What can you see happening that would cause them to increase by 25% No evidence for that, but if anyone’s looking to buy now’s possibly a good time, in that the price is perhaps temporarily depressed. A couple of weasel words there, and if Coronavirus really takes off the price will plummet. Link to comment Share on other sites More sharing options...
wowzz Posted January 31, 2020 #8 Share Posted January 31, 2020 19 minutes ago, funinhounslow said: Really?! What can you see happening that would cause them to increase by 25% Over the next ten years I see a continued expansion of the cruise market, especially in the Far East, where Carnival is already dramatically increasing their presence. Sure, the flu panic is causing a short term share price fall, but the business is basically sound, and over a 10 to 15 year time scale the shares are a good long term buy, especially at the current price. Obviously, just my opinion- we'll see if I am right in 2035! 1 Link to comment Share on other sites More sharing options...
davecttr Posted January 31, 2020 #9 Share Posted January 31, 2020 (edited) I must be a mug, I bought my 100 shares for £2200 years ago and with tax free dividends and extra onboard credit I am a mug with a smiley face. Edited January 31, 2020 by davecttr 2 Link to comment Share on other sites More sharing options...
terrierjohn Posted January 31, 2020 #10 Share Posted January 31, 2020 (edited) 24 minutes ago, davecttr said: I must be a mug, I bought my 100 shares for £2200 years ago and with tax free dividends and extra onboard credit I am a mug with a smiley face. Totally agree, I bought mine 8 years ago and have had about 20 fourteen day cruises since then. As a result from the OBC and dividends they are now fully paid off, and showing a handsome profit. Edited January 31, 2020 by terrierjohn 1 Link to comment Share on other sites More sharing options...
Harry Peterson Posted January 31, 2020 Author #11 Share Posted January 31, 2020 All a matter of timing, and luck. 100 shares bought a year ago would now be showing a loss of £1100+. Link to comment Share on other sites More sharing options...
brian1 Posted January 31, 2020 #12 Share Posted January 31, 2020 2 hours ago, funinhounslow said: Really?! What can you see happening that would cause them to increase by 25% You and all the others filling that Iona and joining the Gary Barlow fan club. Link to comment Share on other sites More sharing options...
funinhounslow Posted January 31, 2020 #13 Share Posted January 31, 2020 23 minutes ago, brian1 said: You and all the others filling that Iona and joining the Gary Barlow fan club. 🤣🤣🤣 Link to comment Share on other sites More sharing options...
AndyMichelle Posted January 31, 2020 #14 Share Posted January 31, 2020 4 hours ago, brian1 said: Could be worse,you could be a West Ham mug like me.Mugged off by them and Carnival.£4700 2 years ago,went up to over £5000,now £1500 down.Dividends are still better than most other investments.The only way is up,lol. Keep hanging on. You need to dip your hands in your pocket again Brian, we are a bit short on buying the lad from Hull.. Can you make sure Lady Brady has it by 11 tonight please... Andy Link to comment Share on other sites More sharing options...
brian1 Posted January 31, 2020 #15 Share Posted January 31, 2020 5 minutes ago, AndyMichelle said: You need to dip your hands in your pocket again Brian, we are a bit short on buying the lad from Hull.. Can you make sure Lady Brady has it by 11 tonight please... Andy I was talking about my 100 Carnival shares,not the West Ham mug I bought.It might be fun playing Millwall next year,lol. 1 Link to comment Share on other sites More sharing options...
brian1 Posted January 31, 2020 #16 Share Posted January 31, 2020 Just read about that Hull bloke.Cheeky sod,he should pay us to move out of Hull.lol. 1 Link to comment Share on other sites More sharing options...
Son of Anarchy Posted January 31, 2020 #17 Share Posted January 31, 2020 4 hours ago, Harry Peterson said: No evidence for that, but if anyone’s looking to buy now’s possibly a good time, in that the price is perhaps temporarily depressed. A couple of weasel words there, and if Coronavirus really takes off the price will plummet. If that happens, I'll be topping up. The dividends are currently giving a better return than if I had invested on the high street, and over £500 obc this year. Link to comment Share on other sites More sharing options...
CCFC Posted January 31, 2020 #18 Share Posted January 31, 2020 I will get back just under £500 from a £2000 investment this year, three future cruises booked. Certainly not a mugs game. Link to comment Share on other sites More sharing options...
Manx buoy Posted February 1, 2020 #19 Share Posted February 1, 2020 £1150 back this year from £2500 initial cost smug mug🤷♂️ Link to comment Share on other sites More sharing options...
yorkshirephil Posted February 1, 2020 #20 Share Posted February 1, 2020 We bought ours many moons ago at £1800, we have had double that in divi's and OBC and still have a paper value of £3100. No one knows what will happen in the future. Carnival shares were £30 in 2015 and had reached £ 53 by 2017 and back to £31 in 2020. You pay your money and take your chances, bit like booking a cruise, just saying. Link to comment Share on other sites More sharing options...
funinhounslow Posted February 24, 2020 #21 Share Posted February 24, 2020 (edited) Down to under £30 this morning following US State Dept advice to give cruises in Asia a miss for now... Edited February 24, 2020 by funinhounslow Link to comment Share on other sites More sharing options...
Son of Anarchy Posted February 24, 2020 #22 Share Posted February 24, 2020 Still needs to drop a bit more, at least £10 to tempt me into buying more. Link to comment Share on other sites More sharing options...
terrierjohn Posted February 24, 2020 #23 Share Posted February 24, 2020 Same for me, but not really considering buying more, I bought them for the OBC, and I know that's generally frowned on, but we have had about 15 two week cruises since we bought them plus the dividends, and on the OBC alone we are well in profit. Link to comment Share on other sites More sharing options...
eddie11 Posted February 24, 2020 #24 Share Posted February 24, 2020 It feels to me that the obvious answer to the question in the thread title is NO However, once this epidemic/pandemic is consigned to history (🤞) and after the share price has hit rock bottom and is on the way back up, then that might be a very shrewd time to either buy for the first time to gain obc and dividends, or to purchase more simply for the dividend Link to comment Share on other sites More sharing options...
IDB37 Posted February 24, 2020 #25 Share Posted February 24, 2020 If current trends continue for very long, the dividend will likey be substantially cut. It's not just the 'soft' level of bookings (translation, they've bombed big time), it's also the massive costs associated with all of the cancellations, re-routing, staff dislocations, etc. etc.. Unfortunately, the outlook is for choppy seas for some time methinks. Link to comment Share on other sites More sharing options...
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