Rare MicCanberra Posted March 1, 2020 #26 Share Posted March 1, 2020 5 hours ago, amatuercruiser said: I just read on another site. Instead of CCL NYSE buy CUK London stock Exchange. Same company but cheaper due to voting rights. Will have a look at this. Link to comment Share on other sites More sharing options...
amatuercruiser Posted March 5, 2020 Author #27 Share Posted March 5, 2020 Carnival CCL $29 down from year high of $57, Royal Caribbean RCL now $68 down from year high of $134. Down 50% and they are still trying to sell cruises. What will happen to their stock price when they are no longer allowed to sell cruises? Link to comment Share on other sites More sharing options...
Kiwi Kruzer Posted March 5, 2020 #28 Share Posted March 5, 2020 2 hours ago, amatuercruiser said: What will happen to their stock price when they are no longer allowed to sell cruises? In theory ,if they go under .the shares will be worthless . Link to comment Share on other sites More sharing options...
Rare MMDown Under Posted March 8, 2020 #29 Share Posted March 8, 2020 On 3/6/2020 at 4:21 AM, Kiwi Kruzer said: In theory ,if they go under .the shares will be worthless . In other words, only but now, if you can afford to loose the money. Link to comment Share on other sites More sharing options...
lissie Posted March 8, 2020 #30 Share Posted March 8, 2020 On 3/6/2020 at 5:10 AM, amatuercruiser said: What will happen to their stock price when they are no longer allowed to sell cruises? One thing Ifeel confident in is that's not happening with the Donald in charge - I think the whole virus thing is a Dem consipracy anyways, isn't it? Link to comment Share on other sites More sharing options...
Rare MicCanberra Posted March 8, 2020 #31 Share Posted March 8, 2020 yep, too true. Link to comment Share on other sites More sharing options...
Kiwi Kruzer Posted March 9, 2020 #32 Share Posted March 9, 2020 On 3/6/2020 at 5:10 AM, amatuercruiser said: Carnival CCL $29 down from year high of $57, Royal Caribbean RCL now $68 down from year high of $134. Down 50% and they are still trying to sell cruises. What will happen to their stock price when they are no longer allowed to sell cruises? closed last week at $27.15 . Let’s see what this week brings. I have never seen volatility like we are seeing now . Link to comment Share on other sites More sharing options...
amatuercruiser Posted March 9, 2020 Author #33 Share Posted March 9, 2020 2 minutes ago, Kiwi Kruzer said: closed last week at $27.15 . Let’s see what this week brings. I have never seen volatility like we are seeing now . You could be Virgin Line's Richard Branson and have a Cruise Ship Scarlet Lady that could be very soon, the first TRUE "Virgin" Cruise ship in that, it never takes a paying customer. Link to comment Share on other sites More sharing options...
The_Big_M Posted March 9, 2020 #34 Share Posted March 9, 2020 3 hours ago, Kiwi Kruzer said: closed last week at $27.15 . Let’s see what this week brings. I have never seen volatility like we are seeing now . It's certainly going down today, with the oil collapse over the weekend, and the US notice against cruises. Link to comment Share on other sites More sharing options...
cruise love Posted March 10, 2020 #35 Share Posted March 10, 2020 On 3/9/2020 at 2:00 PM, Kiwi Kruzer said: closed last week at $27.15 . Let’s see what this week brings. I have never seen volatility like we are seeing now . How many shares do you have to have to get the OBC Cruise Love Link to comment Share on other sites More sharing options...
Aus Traveller Posted March 10, 2020 #36 Share Posted March 10, 2020 16 minutes ago, cruise love said: How many shares do you have to have to get the OBC Cruise Love Ownership of 100 Carnival Corporation shares will give you OB CV on all their cruise lines including Princess, P&O, Holland America and Cunard. Link to comment Share on other sites More sharing options...
amatuercruiser Posted March 10, 2020 Author #37 Share Posted March 10, 2020 23 hours ago, The_Big_M said: It's certainly going down today, with the oil collapse over the weekend, and the US notice against cruises. Fell 27% i think. NYSE shut down twice for 15 minutes. There is definitely something going on. Link to comment Share on other sites More sharing options...
Rare MicCanberra Posted March 10, 2020 #38 Share Posted March 10, 2020 2 hours ago, amatuercruiser said: Fell 27% i think. NYSE shut down twice for 15 minutes. There is definitely something going on. It is down to around $21, RCL down to $48 Link to comment Share on other sites More sharing options...
amatuercruiser Posted March 12, 2020 Author #39 Share Posted March 12, 2020 Link to comment Share on other sites More sharing options...
The_Big_M Posted March 12, 2020 #40 Share Posted March 12, 2020 Going to be another big/massive - hit to the share price tomorrow. Link to comment Share on other sites More sharing options...
Phill.Hurst Posted March 12, 2020 #41 Share Posted March 12, 2020 1 minute ago, The_Big_M said: Going to be another big/massive - hit to the share price tomorrow. Any particular reason. Holding off buying more until i think they are rock bottom 🙂 Link to comment Share on other sites More sharing options...
The_Big_M Posted March 12, 2020 #42 Share Posted March 12, 2020 10 minutes ago, Phill.Hurst said: Any particular reason. Holding off buying more until i think they are rock bottom 🙂 The US travel ban on Europe. It'll hit all travel shares hard. As for the last, can you see any upside now? Until that happens they won't be at rock bottom. People are using put strategies to get around that but it's still 'catching a falling knife' as they say. Link to comment Share on other sites More sharing options...
Rare MicCanberra Posted March 12, 2020 #43 Share Posted March 12, 2020 Looking at getting some more if they dip, not for the OBC but for the investment. Link to comment Share on other sites More sharing options...
banzaii Posted March 12, 2020 #44 Share Posted March 12, 2020 (edited) 2 hours ago, Phill.Hurst said: Any particular reason. Holding off buying more until i think they are rock bottom 🙂 Unfortunately, at rock bottom, there may be no way back up! I truly hope not for the sake of the industry but... you might be buying shares in an insolvent company. If anyone can survive this, it will be RCCL and Carnival. Even that will depend on how long this lasts and how nasty their creditors get. Edited March 12, 2020 by banzaii Link to comment Share on other sites More sharing options...
windsor26 Posted March 12, 2020 #45 Share Posted March 12, 2020 ought my shares in 2009 for 1400 sterling They went up to 4700 sterling and are now down to 1800 sterling But I am sure they will recover and anyone who cruises should buy now A no brainer when I have had my money back in obc twice already Also every year I have had 4 x about 28-33 sterling in dividends Buy NOW Link to comment Share on other sites More sharing options...
amatuercruiser Posted March 12, 2020 Author #46 Share Posted March 12, 2020 29 minutes ago, banzaii said: Unfortunately, at rock bottom, there may be no way back up! If anyone can survive this, it will be RCCL and Carnival. Even that will depend on how long this lasts and how nasty their creditors get. I hope RCL and Carnival do not have the same creditors as Pan Am. Link to comment Share on other sites More sharing options...
amatuercruiser Posted March 12, 2020 Author #47 Share Posted March 12, 2020 35 minutes ago, banzaii said: Unfortunately, at rock bottom, there may be no way back up! If there is no way back up what happens? Share holders are what kind of creditor? I imagine unsecured. Possibly at PAR value. In my experience Travel / transport companies lease their planes, ships etc AND RELY on cash-flow to make the business work. Without cash-flow these business's are just hollow house's of cards with nothing financial to hold them up. How long can Carnival or RCL survive with negative cash-flow. They RCL just got a new 1 billion loan but how long can that go on for. Can they survive no cash-flow for 3 months without a cure? Can they survive no cash-flow for 6 months with a cure? What will happen to the ships if they are would up. Will Chinese companies buy them all up and get a massive head start in the cruise industry? Link to comment Share on other sites More sharing options...
Kiwi Kruzer Posted March 12, 2020 #48 Share Posted March 12, 2020 8 minutes ago, amatuercruiser said: If there is no way back up what happens? Share holders are what kind of creditor? I imagine unsecured. Possibly at PAR value. In my experience Travel / transport companies lease their planes, ships etc AND RELY on cash-flow to make the business work. Without cash-flow these business's are just hollow house's of cards with nothing financial to hold them up. How long can Carnival or RCL survive with negative cash-flow. They RCL just got a new 1 billion loan but how long can that go on for. Can they survive no cash-flow for 3 months without a cure? Can they survive no cash-flow for 6 months with a cure? What will happen to the ships if they are would up. Will Chinese companies buy them all up and get a massive head start in the cruise industry? check this out from when Renaissance Cruises declared bankruptcy in 2001 https://europeforvisitors.com/cruises/articles/renaissance-cruises-bankruptcy.htm 1 Link to comment Share on other sites More sharing options...
amatuercruiser Posted March 12, 2020 Author #49 Share Posted March 12, 2020 Link to comment Share on other sites More sharing options...
Rare MicCanberra Posted March 12, 2020 #50 Share Posted March 12, 2020 It is down to around $14, RCL down to $29 Link to comment Share on other sites More sharing options...
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