yogimax Posted August 6, 2020 #1501 Share Posted August 6, 2020 15 minutes ago, twangster said: Given that they are bracing for the longer term I think we'll see another dip beyond the roller coaster peaks and valleys of late. That might be a good time on jump onboard more. Or a good time to abandon ship on any peaks! Link to comment Share on other sites More sharing options...
Dennis#1 Posted August 6, 2020 #1502 Share Posted August 6, 2020 1 hour ago, yogimax said: Or a good time to abandon ship on any peaks! Who out there has the crystal black ball. What number is considered to be a peak. RCL stock closed yesterday at $49.53. Link to comment Share on other sites More sharing options...
zekekelso Posted August 6, 2020 #1503 Share Posted August 6, 2020 19 hours ago, LMaxwell said: I can't figure out any fundamental that has the stock priced where it does today (48-ish; 1st week of August for reference later on). It makes no sense to me. Those that gambled in the 20's and were disciplined enough to get out at this point should take their tidy profit and run. I'm just astonished. Less than a yer ago, RCL was a money making machine with a $100+ stock. If you believe the virus will go away and things will go back to the way they were, under 50 for the stock is dirt cheap. I don’t think any of that is happening. But I said people were nuts to buy when it was in the 20’s, so what do I know. 2 Link to comment Share on other sites More sharing options...
Milwaukee Eight Posted August 6, 2020 #1504 Share Posted August 6, 2020 10 hours ago, yogimax said: Or a good time to abandon ship on any peaks! Can’t be from a dedicated Loyal to Royal? Lol Link to comment Share on other sites More sharing options...
TNcruising02 Posted August 6, 2020 #1505 Share Posted August 6, 2020 29 minutes ago, zekekelso said: Less than a yer ago, RCL was a money making machine with a $100+ stock. If you believe the virus will go away and things will go back to the way they were, under 50 for the stock is dirt cheap. I don’t think any of that is happening. But I said people were nuts to buy when it was in the 20’s, so what do I know. I bought 50 shares when it was in the low 20s and when it later peaked at $75, I was kicking myself for not purchasing 1000 shares. Talk about a huge money making potential. Link to comment Share on other sites More sharing options...
yogimax Posted August 6, 2020 #1506 Share Posted August 6, 2020 21 minutes ago, Milwaukee Eight said: Can’t be from a dedicated Loyal to Royal? Lol Ha! Loyal to Royal, but also a realist! Link to comment Share on other sites More sharing options...
Milwaukee Eight Posted August 6, 2020 #1507 Share Posted August 6, 2020 47 minutes ago, yogimax said: Ha! Loyal to Royal, but also a realist! But shouldn’t it be a two way street? Are you only loyal to Royal when it’s to your benefit? Link to comment Share on other sites More sharing options...
yogimax Posted August 6, 2020 #1508 Share Posted August 6, 2020 2 minutes ago, Milwaukee Eight said: But shouldn’t it be a two way street? Are you only loyal to Royal when it’s to your benefit? Strange question, not based on any comments or facts! Buying or selling Royal's stock has absolutely nothing to do with loyalty to the brand. Do you buy stock in the company of the car you drive? Do you buy stock in the company of your favorite cereal? Are you loyal to your electric supplier? If so, do you buy stock in their company? Link to comment Share on other sites More sharing options...
CSHS1979 Posted August 6, 2020 #1509 Share Posted August 6, 2020 2 hours ago, yogimax said: Strange question, not based on any comments or facts! Buying or selling Royal's stock has absolutely nothing to do with loyalty to the brand. Do you buy stock in the company of the car you drive? Do you buy stock in the company of your favorite cereal? Are you loyal to your electric supplier? If so, do you buy stock in their company? I'd buy Chick-fil-A in a heartbeat if they did an IPO 1 Link to comment Share on other sites More sharing options...
yogimax Posted August 6, 2020 #1510 Share Posted August 6, 2020 1 hour ago, CSHS1979 said: I'd buy Chick-fil-A in a heartbeat if they did an IPO "Before Cathy passed away in 2014, he made his children sign a contract agreeing that Chick-fil-A will always remain a private company. However, he did agree that they could sell it if they wished." This means the company will never go public unless the kids sell it. Link to comment Share on other sites More sharing options...
molly361 Posted August 6, 2020 #1511 Share Posted August 6, 2020 (edited) Never mind Edited August 6, 2020 by molly361 1 Link to comment Share on other sites More sharing options...
CSHS1979 Posted August 6, 2020 #1512 Share Posted August 6, 2020 42 minutes ago, yogimax said: "Before Cathy passed away in 2014, he made his children sign a contract agreeing that Chick-fil-A will always remain a private company. However, he did agree that they could sell it if they wished." This means the company will never go public unless the kids sell it. Interesting, thanks Link to comment Share on other sites More sharing options...
yogimax Posted August 6, 2020 #1513 Share Posted August 6, 2020 1 hour ago, molly361 said: Never mind A lot of people would agree with your "never mind." 1 Link to comment Share on other sites More sharing options...
molly361 Posted August 6, 2020 #1514 Share Posted August 6, 2020 3 minutes ago, yogimax said: A lot of people would agree with your "never mind." Decided not to "go there" 2 Link to comment Share on other sites More sharing options...
yogimax Posted August 6, 2020 #1515 Share Posted August 6, 2020 15 minutes ago, molly361 said: Decided not to "go there" I know. As much as we would like the freedom to say what we actually believe, we know we will bear the wrath of a minority who have difficulty living with the truth as well as differing points of view. 2 Link to comment Share on other sites More sharing options...
Milwaukee Eight Posted August 6, 2020 #1516 Share Posted August 6, 2020 18 minutes ago, molly361 said: Decided not to "go there" It might have been fun and interesting 2 Link to comment Share on other sites More sharing options...
sandycruzr Posted August 6, 2020 #1517 Share Posted August 6, 2020 I’m grabbing my popcorn!😎 Link to comment Share on other sites More sharing options...
yogimax Posted August 6, 2020 #1518 Share Posted August 6, 2020 8 minutes ago, sandycruzr said: I’m grabbing my popcorn!😎 I think you will be disappointed. Link to comment Share on other sites More sharing options...
Baron Barracuda Posted August 6, 2020 #1519 Share Posted August 6, 2020 18 hours ago, twangster said: I'm not sure how NCLH or CCL are doing financially. At the moment there is guilt by association but also general trends in the market that are influencing the roller coaster ride. Well, NCLH reported earnings today and it wasn't pretty (RCL will be out soon). Given there's no revenue I focused on the balance sheet. Since year end their debt increased from $6B to $10B while stockholder equity shrank from $6B to $4B ($1B was goodwill writeoff) despite issuing a lot of new stock. Cash was up $2B but their burn rate is $160MM / month and that will likely continue at least thru year end. Very interested in hearing what RCL has to say. 1 Link to comment Share on other sites More sharing options...
yogimax Posted August 6, 2020 #1520 Share Posted August 6, 2020 50 minutes ago, Baron Barracuda said: Well, NCLH reported earnings today and it wasn't pretty (RCL will be out soon). Given there's no revenue I focused on the balance sheet. Since year end their debt increased from $6B to $10B while stockholder equity shrank from $6B to $4B ($1B was goodwill writeoff) despite issuing a lot of new stock. Cash was up $2B but their burn rate is $160MM / month and that will likely continue at least thru year end. Very interested in hearing what RCL has to say. "The cruise operator Thursday posted a net loss of $715.2 million, or $2.99 a share, compared with a profit of $240.2 million, or $1.11 cents a share, in the same period last year." Of course, this was somewhat expected, although worse than most had predicted. I thought it interesting that they kept the loss to $2.99 a share. Was this like stores selling something for $2.99 to make it sound more attractive than $3.00? Link to comment Share on other sites More sharing options...
yogimax Posted August 6, 2020 #1521 Share Posted August 6, 2020 I believe RCL's earnings are to be reported on August 10th. I'm seeing one site reporting an expected loss of $4.82/share. Of course, that number has become relatively meaningless in today's COVID world. Analysts will want to judge whether RCL has the financial resources to weather this storm. The unknown, of course, if the duration of the shutdown. Link to comment Share on other sites More sharing options...
awreaper Posted August 7, 2020 #1522 Share Posted August 7, 2020 I will get in when we are closer to having a vaccine. I don't think cruises will start up again until that is available and you have a vaccination certificate of some kind. Until then I will invest in stuff that is making money instead of waiting on cruise stock to rebound. Link to comment Share on other sites More sharing options...
yogimax Posted August 7, 2020 #1523 Share Posted August 7, 2020 17 minutes ago, awreaper said: Until then I will invest in stuff that is making money instead of waiting on cruise stock to rebound. Exactly! Tech stocks have been doing very well. Link to comment Share on other sites More sharing options...
Biker19 Posted August 11, 2020 #1524 Share Posted August 11, 2020 The quarterly report for RCCL can be found here: https://www.sec.gov/ix?doc=/Archives/edgar/data/884887/000088488720000037/rcl-20200630.htm 1 Link to comment Share on other sites More sharing options...
Rare little britain Posted August 11, 2020 #1525 Share Posted August 11, 2020 Shares hit $60 👆 1 Link to comment Share on other sites More sharing options...
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