RCL Share Price

[josh.vincent.180]

Looking at opening up more shorts.  I am losing my last one but it’s 10% of what I gained in profits.

 

jobs numbers this week is going to be horrendous and Bernie Sanders is fighting the agreement now about which corporations get money
 

also in just technical analysis former support is also resistance and that’s about right here

 

right now no cruises til May and numbers of people with Virus is gaining.  It’s going down

 

And this doesn’t include all the disposable income people are losing

 

 

[NantahalaCruiser]

10 hours ago, NutsAboutGolf said:

The stock is up in anticipation of the stimulus package, simply comes down to when they can sail again, the longer they can't, the more the stock will fall.

Agreed, bought at $30 and just put a trailing stop loss on it; perhaps it will go up a little more but now I'm covered.

[TMLAalum]

So many terms on this thread that I am clueless about!

I bought  at $29 earlier this month, regretting that I could have bought for less.  But I did sell yesterday at $34.50.  

[verizon]

14 minutes ago, TMLAalum said:

So many terms on this thread that I am clueless about!

I bought  at $29 earlier this month, regretting that I could have bought for less.  But I did sell yesterday at $34.50.  

No body knows how high it will goes.

You did the right thing.

There are absolutely NO revenues at this time for cruise lines.

They are burning CASH.

Edited March 26, 2020 by verizon

[Moby Jones]

For a short period they hit $45 yesterday. 

They're so volatile at the minute I've been trading in and out when bored at home. 

When you say there is "absolutely NO revenues",  you do realise they are still taking future bookings right?  You do also realise that the current situation is factored into the price right now, hence them no longer being $135 per share. 

[SWFL Cruisers]

I bought 100 shares at $20.64 last week and it's over $42 now. I will continue to ride it out.

[grandgeezer]

4 hours ago, Moby Jones said:

For a short period they hit $45 yesterday. 

They're so volatile at the minute I've been trading in and out when bored at home. 

When you say there is "absolutely NO revenues",  you do realise they are still taking future bookings right?  You do also realise that the current situation is factored into the price right now, hence them no longer being $135 per share. 

 

You do realize the big spike was probably brought on by the stimulus package being passed in the U.S., which appears to include some financial help to the lines. It jumped up when they announced they had a deal, and dropped down 1/2 when they didn't. It's up today because it passed. All this did was lessen the fears of the lines going out of business, for awhile at least.The big elephant in the room, and the main cause for the big drop is the virus. I've neither seen no heard any reason for it lessening or going away. Stock prices or usually based on what people, or financial institutions think will happen in the future,if this last much longer, it looks pretty gloomy for all of us just not the cruise lines,

You do realize that, it's just a guess, but a lot of the future bookings are financed by the thousands and thousands, with probably more to come, fccs being the down payment. That's the cash they are using now.

[NutsAboutGolf]

15 minutes ago, grandgeezer said:

 

You do realize the big spike was probably brought on by the stimulus package being passed in the U.S., which appears to include some financial help to the lines.

 

While the premise is true, the stimulus has only passed the Senate but the House will most likely vote and pass some version of the Bill tomorrow and then the Orange one has to sign off on it.  It appears for the cruise industry, its less of a bailout and the government is simply offering conditional loans.  In order to take the loans, in the current bill which may change, one condition is restricting stock buybacks.

[Wolf 8]

It was fun while it lasted.  I bought last week on 3-19-20 at $21.60 and after this week's run-up I sold this morning at $44.83.  I still think RCL will survive and be much higher in 12 to 18 months but for the immediate future I no longer see the conditions to propel it higher. 

[verizon]

Can anyone explain to me why Dow is UP 1000 points and RCL is DOWN more than $2.00😂

[Baron Barracuda]

42 minutes ago, verizon said:

Can anyone explain to me why Dow is UP 1000 points and RCL is DOWN more than $2.00😂

CNBC just reporting no apparent aid for cruise lines in bailout package.  

[ghstudio]

32 minutes ago, Baron Barracuda said:

CNBC just reporting no apparent aid for cruise lines in bailout package.  

 

Perhaps the government might offer aid to cruise lines registered in the United States and require that the registrations remain in the United States subject to repayment penalties on the bailout funds offered.  I wonder how long it would take RCL, Carnival and NCL to reregister their corporations.......do I hear days?

[SunNFunCruzer]

3 hours ago, grandgeezer said:

 

You do realize the big spike was probably brought on by the stimulus package being passed in the U.S., which appears to include some financial help to the lines. It jumped up when they announced they had a deal, and dropped down 1/2 when they didn't. It's up today because it passed. All this did was lessen the fears of the lines going out of business, for awhile at least.The big elephant in the room, and the main cause for the big drop is the virus. I've neither seen no heard any reason for it lessening or going away. Stock prices or usually based on what people, or financial institutions think will happen in the future,if this last much longer, it looks pretty gloomy for all of us just not the cruise lines,

You do realize that, it's just a guess, but a lot of the future bookings are financed by the thousands and thousands, with probably more to come, fccs being the down payment. That's the cash they are using now.

 

 

I stand by my earlier statements on this thread.  I was correct about no April or May cruises.  If the article below is true, I will be right about stock price, too.

 

https://www.cnbc.com/2020/03/26/coronavirus-bailout-could-exclude-carnival-norwegian-royal-caribbean-cruise-lines.html

 

 

 

 

 

[grandgeezer]

2 minutes ago, SunNFunCruzer said:

 

 

I stand by my earlier statements on this thread.  I was correct about no April or May cruises.  If the article below is true, I will be right about stock price, too.

 

https://www.cnbc.com/2020/03/26/coronavirus-bailout-could-exclude-carnival-norwegian-royal-caribbean-cruise-lines.html

 

 

 

 

 

One out of three, not great.

[SunNFunCruzer]

2 minutes ago, grandgeezer said:

 

One out of three, not great.

 

 

 

Huh?  What does this mean?

 

 

 

[grandgeezer]

1 hour ago, SunNFunCruzer said:

 

 

Huh?  What does this mean?

Your first two comments with no real facts is laughable. The prediction about the two month shutdown was a no brainer. In fact, at least predicting one more month would be like stealing candy from a baby. Why? Here are facts: there is no known cure, there is no known vaccine, the deaths and infected people numbers are staggering and only a very small percentage of the population has even been tested, unemployment claims are up 10 times normal at least here in Arizona, businesses are shutdown airlines have cutback to unheard of levels. there are countries that have banned cruise ships from coming to their countries, etc, etc.

Back to the stock: Facts- the companies are bleeding cash with no end in site, they are heavily leveraged with very little new cash coming in, according to polls there are more people that will be cutting back on cruising or stopping all together than those who said they will cruise more, it appears there will be no bailout especially from the US and I don't recall any other country stepping up to the plate.

Prognosis: not good. When this ends and things start to return to the "new normal", do you think people are going to run back to cruising, or try to get they financial life in order. I don't think all the jobs will return. A lot of people missed several months of pay, and their nest egg was severely depleted, maybe even lost their house and surely retirement is just a distant thought. 

The cruiseline has a couple of options to improve the cash flow. 1) sell some assets. I would think the ships are out as anybody who would have any interest in them is in the same boat (excuse the pun) as them. 2) raise prices how do you think that would go? 3)cut cost of services and products they purchase. They are experts at this but again counterproductive.

Bottom line, they better worry about the rest of the year and not years down the road.

You asked.

 

 

 

[SunNFunCruzer]

1 hour ago, grandgeezer said:

 

Your first two comments with no real facts is laughable.

 

 

 

You posted a lot of words, but I still don't understand your post.

 

I posted that cruises would not happen and that I would not be celebrating the increasing stock price too soon. I also said that it was irresponsible for the cruiselines to have given away all their cash profits in the form of dividends and buybacks, loading on debt while it was sunny and having nothing in the coffers when the storm came.  So, again, what are you talking about?

 

https://boards.cruisecritic.com/topic/2737733-rcl-share-price/page/12/?tab=comments#comment-59715071

 

 

 

[SunNFunCruzer]

And, to follow-up on why I think the stock will fall again.   Do you realize that the last time I checked, the President of Celebrity Cruises Lisa, was reported to be a Travel Agent with an undergraduate degree in accounting from a small private college in Boston (Bentley) who was promoted and promoted in Sales positions until she landed as the first female president of a large cruiseline?

 

Would you want your Travel Agent running the company you work for?  I, for one, would not.  Well-run Corporations have cash on hand for a rainy day.  Salespeople chase the next sale and the next dollar.  Celebrity/RCL/Carnival/NCL and many other irresponsible companies do not have rainy day funds.  That's one of my points.   

 

Capitalism in times of prosperity and Socialism (ie Government Corporate handouts) during times of hardship is how the rich get rich and stay rich -- exploiting the lower and working classes.  At some point, the lower/middle classes will get wise and rebel.

 

https://en.wikipedia.org/wiki/Lisa_Lutoff-Perlo

 

 

[omeinv]

54 minutes ago, SunNFunCruzer said:

And, to follow-up on why I think the stock will fall again.   Do you realize that the last time I checked, the President of Celebrity Cruises Lisa, was reported to be a Travel Agent with an undergraduate degree in accounting from a small private college in Boston (Bentley) who was promoted and promoted in Sales positions until she landed as the first female president of a large cruiseline?

 

Would you want your Travel Agent running the company you work for?  I, for one, would not.  Well-run Corporations have cash on hand for a rainy day.  Salespeople chase the next sale and the next dollar.  Celebrity/RCL/Carnival/NCL and many other irresponsible companies do not have rainy day funds.  That's one of my points.   

 

Capitalism in times of prosperity and Socialism (ie Government Corporate handouts) during times of hardship is how the rich get rich and stay rich -- exploiting the lower and working classes.  At some point, the lower/middle classes will get wise and rebel.

 

https://en.wikipedia.org/wiki/Lisa_Lutoff-Perlo

 

 

Wow!  What a denigrating spin.

 

She was a travel agent in 1985, then went to work for Royal Caribbean, and spent a career earning promotions to positions of greater responsibility.  That is EXACTLY the pedigree a CEO of a cruise line should have.  Someone who worked their way up through the company.  I'd much rather have that than someone brought in from the outside, who lacks the insight a career with the corporation can bring. 

 

This pandemic will likely cost RCL billions of dollars.  No responsible CEO would keep billions of dollars sitting idle against a "rainy day".  Celebrity, and RCL generally were making prudent investments in capital improvements (new builds, and keeping older ships updated).  That's what wisely run corporations do. 

 

Harris

Denver, CO

Edited March 27, 2020 by omeinv

[SunNFunCruzer]

40 minutes ago, omeinv said:

 

Wow!  What a denigrating spin.

 

 

 

 There's no spin. It was a fact based statement to support why I thought the rising stock could fall again before stabilizing.  Salespeople and Marketers are great at selling products.  Here, there is no product to sell, and there may not be for a while.  Then, when the product exists again, the public perception of that product could well be one that has never before existed.  For many people the idea of cruising has been changed forever by the numerous quarantines and spreading sickness. 

 

The industry itself has contributed to some of that shift by requiring those 70 and older to be certified "healthy" to cruise by a doctor.  For some lines people over 70 had the time, resources and desire to cruise.  We're in uncharted territory.

 

 

40 minutes ago, omeinv said:

 

That is EXACTLY the pedigree a CEO of a cruise line should have.  Someone who worked their way up through the company.

 

 

Here we disagree again. My reading of her resume does not show someone who worked her way up through the company. From on-board a ship in housekeeping to kitchen to waitress to Reception to Department Manager then to District Manager, etc, etc.  She went from Sales to higher sales then higher sales again to President.   In my view, the Sales background is the problem when I am evaluating the current situation.  My post, my opinion. YMMV.

 

 

 

 

Edited March 27, 2020 by SunNFunCruzer

[ECCruise]

48 minutes ago, omeinv said:

  No responsible CEO would keep billions of dollars sitting idle against a "rainy day".  Celebrity, and RCL generally were making prudent investments in capital improvements (new builds, and keeping older ships updated).  That's what wisely run corporations do. 

 

Harris

Denver, CO

That is patently untrue.  The 10 US corporations that had the most cash in reserve range from Bristol-Myers Squib with $32.5 billion to Microsoft with $136 billion and include Apple, Alphabet, Amazon, Ford, Oracle and others. All "wisely run" corporations.

Guess who will be best positioned for the downturn?

[verizon]

Warren Buffet has 128 Billion.

Wish he bails out BA.

[hawkesbaynz]

14 hours ago, SunNFunCruzer said:

And, to follow-up on why I think the stock will fall again.   Do you realize that the last time I checked, the President of Celebrity Cruises Lisa, was reported to be a Travel Agent with an undergraduate degree in accounting from a small private college in Boston (Bentley) who was promoted and promoted in Sales positions until she landed as the first female president of a large cruiseline?

 

Would you want your Travel Agent running the company you work for?  I, for one, would not.  Well-run Corporations have cash on hand for a rainy day.  Salespeople chase the next sale and the next dollar.  Celebrity/RCL/Carnival/NCL and many other irresponsible companies do not have rainy day funds.  That's one of my points.   

 

Capitalism in times of prosperity and Socialism (ie Government Corporate handouts) during times of hardship is how the rich get rich and stay rich -- exploiting the lower and working classes.  At some point, the lower/middle classes will get wise and rebel.

 

https://en.wikipedia.org/wiki/Lisa_Lutoff-Perlo

 

 

Didn't stop a nation vote in  a self professed genius salesman. I imagine that at least Lisa has a moral compass and experts she will listen to..

 

As for our silver spoooned journalist

 

[grandgeezer]

12 hours ago, ECCruise said:

That is patently untrue.  The 10 US corporations that had the most cash in reserve range from Bristol-Myers Squib with $32.5 billion to Microsoft with $136 billion and include Apple, Alphabet, Amazon, Ford, Oracle and others. All "wisely run" corporations.

Guess who will be best positioned for the downturn?

Along those lines, the casinos in Vegas are shutdown. There was an article on line which asked the question, how long of a shutdown could they last and still survive? A vast majority of them were anywhere between six months and a year and a half.

[grandgeezer]

14 hours ago, SunNFunCruzer said:

 

 

You posted a lot of words, but I still don't understand your post.

 

I posted that cruises would not happen and that I would not be celebrating the increasing stock price too soon. I also said that it was irresponsible for the cruiselines to have given away all their cash profits in the form of dividends and buybacks, loading on debt while it was sunny and having nothing in the coffers when the storm came.  So, again, what are you talking about?

 

https://boards.cruisecritic.com/topic/2737733-rcl-share-price/page/12/?tab=comments#comment-59715071

 

 

 

 I wasn't referring to your post from January, I was referring to you latest post at the time. You would have seen as it was just above my replies.

I was contradicting your three points by giving the facts, as I know them, on why they were what they were. I didn't just blatantly spew them out.

I was looking for the logic that drove you to them.

 

A couple of other facts as of yesterday: The U.S. leads the world in number of confirmed cases. Spain had their worst day ever. and Paris hospitals are at the breaking point yet the cure and vaccine isn't coming anytime soon. 

No bailout for the cruise line. The residents of the U.S. will be helped by the stimulus. Maybe the other countries will step up and help their citizens. Charity begins at home.