Daytonasailor Posted April 6, 2020 #451 Share Posted April 6, 2020 On 4/3/2020 at 1:17 AM, cksv said: That's true... I must have been thinking CCL and RCL. I've read a year mentioned for Carnival based on their latest round of funding. NCL drew around 1.5B from their credit line with JP Morgan Chase a couple weeks ago and I imagine that will last them anywhere from 3-6 months. I think they'll likely do a bond offering like Carnival, or get another credit line from a bank like Royal, and I think that's already expected and priced in where the stock is today. CCL is at $8.49 this AM and is expected to go to $8 when the market opens. Think I'll roll the dice and go for it. 1 Link to comment Share on other sites More sharing options...
jcollin Posted April 6, 2020 #452 Share Posted April 6, 2020 I agree with fstuff1 on the prices. We love NCL as well. If you look at sailings later in the year (Nov or Dec) the prices are pretty high compared to other lines. That needs to change or else it could be it for them. 1 Link to comment Share on other sites More sharing options...
Rare ColeThornton Posted April 6, 2020 #453 Share Posted April 6, 2020 5 hours ago, Daytonasailor said: CCL is at $8.49 this AM and is expected to go to $8 when the market opens. Think I'll roll the dice and go for it. Did you get in on CCL before it went up $2 this morning? Link to comment Share on other sites More sharing options...
Daytonasailor Posted April 6, 2020 #454 Share Posted April 6, 2020 No, to slow on the draw, bought @. $10.66 And now I’m down $14. Link to comment Share on other sites More sharing options...
Daytonasailor Posted April 7, 2020 #455 Share Posted April 7, 2020 14 hours ago, Daytonasailor said: No, to slow on the draw, bought @. $10.66 And now I’m down $14. You just don't know. Down yesterday and up to 12.17 this AM. Up $84.20 after the Saudi's kicked in a couple of bucks. Link to comment Share on other sites More sharing options...
taglovestocruise Posted April 8, 2020 #456 Share Posted April 8, 2020 UBS sizes up the balance sheets of the cruise line operators after factoring in the latest cash-preservation moves by Norwegian Cruise Line Holdings (NCLH +7.5%) and Royal Caribbean (RCL +12.5%), as well as the capital raise by Carnival (CCL +12.0%). Analyst Robin Farley: "CCL's capital raise last week gives it the longest runway of liquidity to stay afloat in a zero-revenue scenario, at about 12-13 months with potential for another 2 months based on prolonged layups, and more beyond that (as we detail below.) That puts CCL further ahead of RCL, which we believe has ~10 months of liquidity in a zero-rev scenario, and NCLH which we believe has ~7-8 months of liquidity in such a scenario." UBS has a 12-month Buy rating on Royal Caribbean and Neutral ratings on Carnival and Norwegian. 1 Link to comment Share on other sites More sharing options...
mianmike Posted April 8, 2020 #457 Share Posted April 8, 2020 3 hours ago, taglovestocruise said: That puts CCL further ahead of RCL, which we believe has ~10 months of liquidity in a zero-rev scenario, and NCLH which we believe has ~7-8 months of liquidity in such a scenario." It's time for a $10 billion bailout of NCL's U.S. flagged Pride of America ship. 1 1 Link to comment Share on other sites More sharing options...
fstuff1 Posted April 10, 2020 #458 Share Posted April 10, 2020 (edited) cdc just announced they're extending the no sail order for cruise ships indefinitely: tps://boards.cruisecritic.com/topic/2745329-cdc-extends-no-sail-order-indefinitely-492020/ Mon opening bell is going to be interesting for the cruise lines. (stock market closed tomorrow for Easter Fri) Edited April 10, 2020 by fstuff1 1 Link to comment Share on other sites More sharing options...
mrpauly Posted April 10, 2020 #459 Share Posted April 10, 2020 Agreed FStuff, market ran up cruise stocks this week by 30%+ gains hoping for the best. The no sail order is in effect for 100 days minimum and until this crises is over, which I am not sure how we plan to sail in fall if 2nd wave crises is predicted. I am bummed and hope they all survive. Link to comment Share on other sites More sharing options...
mrpauly Posted April 10, 2020 #460 Share Posted April 10, 2020 (edited) On 4/3/2020 at 11:47 AM, disneykins said: Just bought this morning. 100 shares so I can get the obc when they start cruising again. If they go bankrupt, I'll lose under $1,000, I can live with that risk. I also have 7 Cruise Next certificates, I can live with that loss too. I'm in a similar situation with Carnival. I don't want to live in a world where I cant cruise anymore, lol. Like someone else posted, its a small cap stock in a risky environment, don't use money you need. If I had a million bucks would I put it in one of these stocks---not a chance. But I would put it in the stock market, any of the big tech companies, or other good quality companies. The economy is coming back. One day. If it doesn't, losing a few thousand bucks is the least of my worries. If bankruptcy is filed would we lose our cruise next coupons, maybe they would allow us to redeem vouchers after BK re-org for customer loyalty and getting on cruises. I did pay $500 cash my $1000 cruise next vouchers. Edited April 10, 2020 by mrpauly Link to comment Share on other sites More sharing options...
npcl Posted April 10, 2020 #461 Share Posted April 10, 2020 On 4/7/2020 at 9:58 PM, mianmike said: It's time for a $10 billion bailout of NCL's U.S. flagged Pride of America ship. Not going to happen, because even though the ship is flagged in the US, it is owned by a company that is not incorporated in the US. 1 Link to comment Share on other sites More sharing options...
fstuff1 Posted April 19, 2020 #462 Share Posted April 19, 2020 Norwegian Cruise Lines (NYSE:NCLH) reportedly hired investment bank Goldman Sachs (NYSE:GS) to seek financing, which may include selling a part of the company to private equity. https://www.fool.com/investing/2020/04/19/private-equity-is-reportedly-circling-norwegian-cr.aspx (Today, 4/19/20) Should Norwegian go the all-equity route, it might dilute shareholders. 1 Link to comment Share on other sites More sharing options...
Rare mscdivina2016 Posted April 19, 2020 #463 Share Posted April 19, 2020 17 minutes ago, fstuff1 said: Norwegian Cruise Lines (NYSE:NCLH) reportedly hired investment bank Goldman Sachs (NYSE:GS) to seek financing, which may include selling a part of the company to private equity. https://www.fool.com/investing/2020/04/19/private-equity-is-reportedly-circling-norwegian-cr.aspx (Today, 4/19/20) Should Norwegian go the all-equity route, it might dilute shareholders. Better to be diluted and afloat is it not? But we are kidding ourselves if we don't think this would be a good purchase by someone. Small cruise line, financial troubles/issues, perfect opportunity as I see it. I wonder why MSC is not all over this yet? Private company who would love to get more access to US ports. Steve Link to comment Share on other sites More sharing options...
mianmike Posted April 19, 2020 #464 Share Posted April 19, 2020 On 4/9/2020 at 9:43 PM, npcl said: Not going to happen, because even though the ship is flagged in the US, it is owned by a company that is not incorporated in the US. It was a joke. I figured a $10 billion dollar bailout for single cruise ship would seem ridiculous enough that everyone would know it was a joke. Next time I'll try to remember to add a disclaimer. 😉 2 Link to comment Share on other sites More sharing options...
npcl Posted April 20, 2020 #465 Share Posted April 20, 2020 2 hours ago, mianmike said: It was a joke. I figured a $10 billion dollar bailout for single cruise ship would seem ridiculous enough that everyone would know it was a joke. Next time I'll try to remember to add a disclaimer. 😉 I have seen far crazier things from people that have been serious. 1 Link to comment Share on other sites More sharing options...
AL3XCruise Posted April 20, 2020 #466 Share Posted April 20, 2020 20 hours ago, npcl said: I have seen far crazier things from people that have been serious. Indeed: 23 hours ago, mscdivina2016 said: Better to be diluted and afloat is it not? But we are kidding ourselves if we don't think this would be a good purchase by someone. Eventually, perhaps. I think those with deep pockets and a vested interest have no real need to jump in yet. Right now they'd be buying a bunch of expensive to run ships that won't generate revenue for an unknown amount of time. With the cruise market so uncertain, plus the general economic issues, I can't imagine many investors beating down the door to put their money into NCLH or another line. Of course, the Saudi investment in CCL was an interesting move that doesn't quite fit with that view, so who knows! I do think there is a scenario where the future starts looking brighter for cruising yet the lines are still in a cash crunch waiting for that future to arrive. If debt and equity options dry up or prove impractical, I could see someone acquiring them at dirt cheap price, knowing that they'll need to burn cash for a while. Link to comment Share on other sites More sharing options...
Rare mscdivina2016 Posted April 20, 2020 #467 Share Posted April 20, 2020 1 hour ago, AL3XCruise said: Indeed: I can't imagine many investors beating down the door to put their money into NCLH or another line. Of course, the Saudi investment in CCL was an interesting move that doesn't quite fit with that view, so who knows! That was a very interesting move, but at the level they got in $8. Not bad and that was an attractive price. I also jumped on that ship around $8.50 and jumped off when CDC added 100 days at $11.85. Now waiting for NCL to drop when they actually realize the sailings they are advertising in May are not going to happen so I can rebuy them as well. Steve Link to comment Share on other sites More sharing options...
pghflyer Posted April 27, 2020 #468 Share Posted April 27, 2020 Lots of interesting tidbits in their business update: http://www.nclhltdinvestor.com/news-releases/news-release-details/norwegian-cruise-line-holdings-ltd-provides-business-update Link to comment Share on other sites More sharing options...
Rare Travelicious Posted April 29, 2020 #469 Share Posted April 29, 2020 Woohoo! Back up to $16. Link to comment Share on other sites More sharing options...
Formula280SS Posted April 29, 2020 #470 Share Posted April 29, 2020 (edited) Seen this before. 28% of the float trade volume. Buyers to Sellers 1 to 3. 😷 Edited April 29, 2020 by Formula280SS Link to comment Share on other sites More sharing options...
fstuff1 Posted April 29, 2020 #471 Share Posted April 29, 2020 34 minutes ago, Formula280SS said: Seen this before. 28% of the float trade volume. Buyers to Sellers 1 to 3. 😷 and that means what for the price of the stock in the near future? Link to comment Share on other sites More sharing options...
jfio1021 Posted April 29, 2020 #472 Share Posted April 29, 2020 every cruise stock skyrocketed today does anyone know why? very new to this investing thing Link to comment Share on other sites More sharing options...
fstuff1 Posted April 29, 2020 #473 Share Posted April 29, 2020 40 minutes ago, jfio1021 said: every cruise stock skyrocketed today does anyone know why? very new to this investing thing ncl at $18 after hours. thats another 9% climb from the close Link to comment Share on other sites More sharing options...
jfio1021 Posted April 29, 2020 #474 Share Posted April 29, 2020 3 minutes ago, fstuff1 said: ncl at $18 after hours. thats another 9% climb from the close i bought it at 10 and RCL at 32 , so i am really loving this Link to comment Share on other sites More sharing options...
Rare Travelicious Posted April 29, 2020 #475 Share Posted April 29, 2020 34 minutes ago, jfio1021 said: i bought it at 10 and RCL at 32 , so i am really loving this I bought at around $50 a few years ago. 🙁 Link to comment Share on other sites More sharing options...
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