LucyR. Posted April 15, 2020 #801 Share Posted April 15, 2020 I am still here waiting and hoping to cruise soon now that I am a CCL stockholder. YES, I do positive thinking. I get what I wish for and my wishes come true. Yea... LucyR. Link to comment Share on other sites More sharing options...
Rare jimbo5544 Posted April 16, 2020 #802 Share Posted April 16, 2020 14 hours ago, LucyR. said: I am still here waiting and hoping to cruise soon now that I am a CCL stockholder. YES, I do positive thinking. I get what I wish for and my wishes come true. Yea... LucyR. Love it Link to comment Share on other sites More sharing options...
LucyR. Posted April 28, 2020 #803 Share Posted April 28, 2020 Today, I noticed that CCL stock is going up. I bought 100 shares, stock on April 8, 2020. I am looking forward to cruising on the Royal Princess ship for December 14,2020. I just put down a small deposit. Final payment due in Sept. 2020. Princess cruise ships located in Seattle, Wa. will start cruising in July 2020 to Alaska. Royal Princess will start cruising in October 2020, Calif. Coastal, and Mex-Riviera. LucyR. Link to comment Share on other sites More sharing options...
panabiker Posted April 28, 2020 #804 Share Posted April 28, 2020 I also bought a few hundred more shares when it was around $10, but worried about CCLs ability to stay afloat. The latest news gave me some assurance. I won't make much in the near future but I'm in for long term. Link to comment Share on other sites More sharing options...
Rare ninjacat123 Posted April 29, 2020 #805 Share Posted April 29, 2020 Woke up to CCL over $16!! Yay!! 1 Link to comment Share on other sites More sharing options...
Rare ibarrio Posted April 29, 2020 #806 Share Posted April 29, 2020 This is great news (doubled my money already). If they can resume cruises sooner than later it will soar over $20... 3 Link to comment Share on other sites More sharing options...
kool_kat Posted April 29, 2020 #807 Share Posted April 29, 2020 We bought 200 shares at right under 10. My goal is to sell 100 shares if it hits 20 then keep my other 100 for basically free. 1 Link to comment Share on other sites More sharing options...
Rare ninjacat123 Posted April 29, 2020 #808 Share Posted April 29, 2020 This may be a big factor in the CCL stock going up: https://www.gilead.com/news-and-press/press-room/press-releases/2020/4/gilead-announces-results-from-phase-3-trial-of-investigational-antiviral-remdesivir-in-patients-with-severe-covid-19 1 Link to comment Share on other sites More sharing options...
Joe817 Posted April 29, 2020 #809 Share Posted April 29, 2020 25 minutes ago, ninjacat123 said: This may be a big factor in the CCL stock going up: https://www.gilead.com/news-and-press/press-room/press-releases/2020/4/gilead-announces-results-from-phase-3-trial-of-investigational-antiviral-remdesivir-in-patients-with-severe-covid-19 Looks promising! 👍 Link to comment Share on other sites More sharing options...
TNcruising02 Posted April 29, 2020 #810 Share Posted April 29, 2020 I was very happy to see all of the stocks I purchased over the past month are up. Carnival looks good today. Link to comment Share on other sites More sharing options...
shipbound2 Posted April 30, 2020 #811 Share Posted April 30, 2020 19 hours ago, ibarrio said: This is great news (doubled my money already). If they can resume cruises sooner than later it will soar over $20... Me too !!!! Link to comment Share on other sites More sharing options...
CRocks Posted May 3, 2020 #812 Share Posted May 3, 2020 Yup, dividends are never guaranteed, + I'm afraid I agree, not much choice but to suspend shareholder OBC also. Long, long road to travel before cruising resumes. Link to comment Share on other sites More sharing options...
bamaone Posted May 3, 2020 #813 Share Posted May 3, 2020 21 minutes ago, fyree39 said: I expect the dividend and OBC from stock shares will have to go away for a few years while they recover. Dividends will be cut for while but why would Carnival cut a good marketing tool like OBC? In a time when passengers are needed it does not make sense. 1 Link to comment Share on other sites More sharing options...
chipmaster Posted May 3, 2020 #814 Share Posted May 3, 2020 (edited) 4 hours ago, CRocks said: Yup, dividends are never guaranteed, + I'm afraid I agree, not much choice but to suspend shareholder OBC also. Long, long road to travel before cruising resumes. Almost any company with a good CFO and fiduciary responsibility should be cutting dividend. Look at the cruise companies, huge debt and cash burn for the ships/crews, yes they are dropping to much less now, but like airlines still have cash burn and serious debt obligations and unlike airlines no business / economical critical component. Forget the dividend, the lines will be the very last thing to be allowed to open! So no cash flow for a long time, well after airlines, trains, restaurants/bars, sports events and international travel, they all go first before the cruising But I'll be the first to say I'm watching and doing day trades on the dead cat bear sucker rally 😄 https://www.fool.com/investing/2020/05/02/nothing-seems-to-go-right-for-carnival-royal-carib.aspx Edited May 3, 2020 by chipmaster 1 Link to comment Share on other sites More sharing options...
Rare ninjacat123 Posted May 3, 2020 #815 Share Posted May 3, 2020 My stockholder OBC is credited on my Booking Summary when I click on Print Documents. I suppose Carnival could take it away if the cruise isn't canceled. But for now, I have it. Link to comment Share on other sites More sharing options...
bury me at sea Posted May 3, 2020 #816 Share Posted May 3, 2020 I posted on this thread not long after it was started, to wait to see if the low twenties would hold, and if not, to watch out below for a falling knife. I am neither a day trader nor short on Carnival stock. However in this economy if things don't turn around soon and drastically, the warning will no longer be "watch out below." It will be "watch out for the pink sheets." Day traders and shorts would rejoice. This is not a prediction. It is simply a personal opinion. Making a nice gain in the stock market is a fine goal, but as in a poker game, don't bet what you can't afford to lose. I truly hope the cruising industry comes out of this healthy and whole. I really want to cruise again. Link to comment Share on other sites More sharing options...
VentureMan_2000 Posted May 3, 2020 #817 Share Posted May 3, 2020 They will keep the Shareholder OBC... it really only costs them between $10 and $50 for a $100 OBC, depending on what the passenger spends on. Drinks can't cost more than $1 to make but cost $10. Profit on excursions would be the least profitable. I would think that Pixels has a huge markup. Link to comment Share on other sites More sharing options...
coevan Posted May 4, 2020 #818 Share Posted May 4, 2020 1 hour ago, VentureMan_2000 said: They will keep the Shareholder OBC... it really only costs them between $10 and $50 for a $100 OBC, depending on what the passenger spends on. Drinks can't cost more than $1 to make but cost $10. Profit on excursions would be the least profitable. I would think that Pixels has a huge markup. many people talk about cashing them out in the casino, which i don't think should be allowed. This would create 100% OBC use, not what it was designed for. Link to comment Share on other sites More sharing options...
Denverdonkeys Posted May 4, 2020 #819 Share Posted May 4, 2020 2 hours ago, VentureMan_2000 said: They will keep the Shareholder OBC... it really only costs them between $10 and $50 for a $100 OBC, depending on what the passenger spends on. Drinks can't cost more than $1 to make but cost $10. Profit on excursions would be the least profitable. I would think that Pixels has a huge markup. it says it cant be applied to casino or tips, but they havent shown an ability or desire to stop it so far. i think tips would be 100% loss. but what are the odds the ONLY thing someone spends on their account is tips or casino (Cashing out, not actually playing). most people spend more when they get a little "coupon" which is basically what this is. it's the same thing for why they would throw you $50-$100 OBC when you book. they want you to get into a mindset of spending. when really people just "prepaid" for that. Link to comment Share on other sites More sharing options...
EscapeFromConnecticut Posted May 4, 2020 #820 Share Posted May 4, 2020 6 hours ago, chipmaster said: Almost any company with a good CFO and fiduciary responsibility should be cutting dividend. Look at the cruise companies, huge debt and cash burn for the ships/crews, yes they are dropping to much less now, but like airlines still have cash burn and serious debt obligations and unlike airlines no business / economical critical component. Forget the dividend, the lines will be the very last thing to be allowed to open! So no cash flow for a long time, well after airlines, trains, restaurants/bars, sports events and international travel, they all go first before the cruising But I'll be the first to say I'm watching and doing day trades on the dead cat bear sucker rally 😄 https://www.fool.com/investing/2020/05/02/nothing-seems-to-go-right-for-carnival-royal-carib.aspx All true. CCL may have an even tougher journey ahead. The whole industry faces all the obvious mega-challenges of zero revenue, parked ships, newly intensified regulatory scrutiny and a business model that requires a mass market with solid discretionary income. But beyond that, CCL's lines made the short-term-profit play in February and March to keep sailing until the bitter end ... and well beyond. The income from the trips may prove to be most costly than any stockholders have truly accepted. Lawsuits from lots & lots of passengers, lawsuits from the relatives of dead passengers, a Congressional inquiry in the U.S. and criminal one in Australia ... all of this means the risk of enormous payouts, of course, but also guarantees at least many more months of horrible headlines. Upcoming is a periodic flurry of survivors' stories coming out ... new & detailed accounts of onboard misery during protracted quarantine/stranded-at-sea weeks. This also sets an incredibly high bar for CCL to return any ship to sailing. You could see how Norwegian, for instance, would suffer badly if there's a fresh outbreak when their ships begin cruises again .... the whole industry would be hurt. But CCL's short-sighted, greed-fueled decisions of February and March now put it in a class of risk far beyond that. It could not withstand the legal, financial or customer confidence torpedo that would hit if things go south aboard one of its ships. 2 Link to comment Share on other sites More sharing options...
travelhound Posted May 4, 2020 #821 Share Posted May 4, 2020 On 4/29/2020 at 2:11 PM, ninjacat123 said: This may be a big factor in the CCL stock going up: https://www.gilead.com/news-and-press/press-room/press-releases/2020/4/gilead-announces-results-from-phase-3-trial-of-investigational-antiviral-remdesivir-in-patients-with-severe-covid-19 Yup, that could be very helpful. Link to comment Share on other sites More sharing options...
Geobugs Posted May 4, 2020 #822 Share Posted May 4, 2020 3 hours ago, EscapeFromConnecticut said: Lawsuits from lots & lots of passengers, lawsuits from the relatives of dead passengers... https://www.namadr.com/practice-areas/cruise-lines/ Binding arbitration is incorporated into passenger ticket contracts for Carnival Cruise Lines, to efficiently and expeditiously resolve passenger claims. NAM is the arbitration administrator for the world’s leading cruise lines. Claims are reviewed and determined by independent, experienced and neutral arbitrators. Comprehensive Dispute Resolution Rules and Procedures provide a fair, impartial and expedient process so that issues will be resolved in a timely fashion. NO juries, no federal court, no big payouts. Link to comment Share on other sites More sharing options...
EscapeFromConnecticut Posted May 4, 2020 #823 Share Posted May 4, 2020 7 hours ago, Geobugs said: https://www.namadr.com/practice-areas/cruise-lines/ Binding arbitration is incorporated into passenger ticket contracts for Carnival Cruise Lines, to efficiently and expeditiously resolve passenger claims. NAM is the arbitration administrator for the world’s leading cruise lines. Claims are reviewed and determined by independent, experienced and neutral arbitrators. Comprehensive Dispute Resolution Rules and Procedures provide a fair, impartial and expedient process so that issues will be resolved in a timely fashion. NO juries, no federal court, no big payouts. That provision has done well by CCL before, but we'll see where litigation goes with this disaster. By this analysis, Death On the High Seas stands as the strongest defense. https://www.npr.org/sections/coronavirus-live-updates/2020/04/22/840525310/even-with-covid-19-cases-suing-cruise-lines-is-extraordinarily-difficult Still, this isn't just another isolated fire on a Fantasy-class trio or sewage backup. The world may deal with the litigation fallout in new ways. Link to comment Share on other sites More sharing options...
NightOne Posted May 4, 2020 #824 Share Posted May 4, 2020 4 hours ago, EscapeFromConnecticut said: That provision has done well by CCL before, but we'll see where litigation goes with this disaster. By this analysis, Death On the High Seas stands as the strongest defense. https://www.npr.org/sections/coronavirus-live-updates/2020/04/22/840525310/even-with-covid-19-cases-suing-cruise-lines-is-extraordinarily-difficult Still, this isn't just another isolated fire on a Fantasy-class trio or sewage backup. The world may deal with the litigation fallout in new ways. Literally the CDC is still changing their story on an almost daily basis. How could you hold the cruise lines liable for something they are still trying to figure out? A 2nd year law student could successfully defend against any of these upcoming COVID-19 lawsuits. 1 Link to comment Share on other sites More sharing options...
travelhound Posted May 4, 2020 #825 Share Posted May 4, 2020 (edited) 41 minutes ago, NightOne said: Literally the CDC is still changing their story on an almost daily basis. How could you hold the cruise lines liable for something they are still trying to figure out? A 2nd year law student could successfully defend against any of these upcoming COVID-19 lawsuits. Good point, Carnival survived the Costa Concordia disaster, which clearly they were responsible for much more liability than the current global pandemic, so I suspect they will survive this crisis. Edited May 4, 2020 by travelhound 1 Link to comment Share on other sites More sharing options...
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