Rare mauibabes Posted March 14, 2020 #1 Share Posted March 14, 2020 The cruise line industry is in the “Tank” and stock prices are VERY low. When you are a Shareholder of NCL cruise line, 100 shares, you receive a benefit from NCLH of $50, $100, or $250 in Ship Board Credit on every cruise. Yesterday the price was under $12. A bunch of our Oceania travel friends have also become shareholders. The stock price will eventually go up AND we are booked on some future cruises and looking forward to taking advantage of this benefit. At $60 a share I opted out but at today’s prices, it presents a great opportunity for us travelers. Check it out and NO, I am not an employee of any NCL company but I am a travel agent so this applies to any of the major cruise lines. Just sharing an idea. Gerry Link to comment Share on other sites More sharing options...
StanandJim Posted March 14, 2020 #2 Share Posted March 14, 2020 26 minutes ago, mauibabes said: The cruise line industry is in the “Tank” and stock prices are VERY low. When you are a Shareholder of NCL cruise line, 100 shares, you receive a benefit from NCLH of $50, $100, or $250 in Ship Board Credit on every cruise. Yesterday the price was under $12. A bunch of our Oceania travel friends have also become shareholders. The stock price will eventually go up AND we are booked on some future cruises and looking forward to taking advantage of this benefit. At $60 a share I opted out but at today’s prices, it presents a great opportunity for us travelers. Check it out and NO, I am not an employee of any NCL company but I am a travel agent so this applies to any of the major cruise lines. Just sharing an idea. Gerry +1 -and this also applies to 401k stock portfolio's Stock up (pun intended) for the future-😷 It can only get better after this Link to comment Share on other sites More sharing options...
Rare mauibabes Posted March 14, 2020 Author #3 Share Posted March 14, 2020 Quick read and post guys. Yes it looks like a great and profitable opportunity and I love the extra SBC. You can never have too much. Bonnie got a lovely necklace last trip for a fraction of the cost. Gerry Link to comment Share on other sites More sharing options...
Shawnino Posted March 14, 2020 #4 Share Posted March 14, 2020 Unless the share price goes to zero. Link to comment Share on other sites More sharing options...
bigmjh Posted March 14, 2020 #5 Share Posted March 14, 2020 Just now, Shawnino said: Unless the share price goes to zero. VERY doubtful. But, if they do, a new supply of toilet paper. 😂 Link to comment Share on other sites More sharing options...
StanandJim Posted March 14, 2020 #6 Share Posted March 14, 2020 11 minutes ago, Shawnino said: Unless the share price goes to zero. Don't be a crepe hanger 😷 Link to comment Share on other sites More sharing options...
Rare pinotlover Posted March 14, 2020 #7 Share Posted March 14, 2020 It’ll only be digital toilet paper today! 1 Link to comment Share on other sites More sharing options...
Rare Waynetor Posted March 14, 2020 #8 Share Posted March 14, 2020 Can the OBC combined with other Oceania OBC? Link to comment Share on other sites More sharing options...
Hawaiidan Posted March 14, 2020 #9 Share Posted March 14, 2020 2 hours ago, mauibabes said: The cruise line industry is in the “Tank” and stock prices are VERY low. When you are a Shareholder of NCL cruise line, 100 shares, you receive a benefit from NCLH of $50, $100, or $250 in Ship Board Credit on every cruise. Yesterday the price was under $12. A bunch of our Oceania travel friends have also become shareholders. The stock price will eventually go up AND we are booked on some future cruises and looking forward to taking advantage of this benefit. At $60 a share I opted out but at today’s prices, it presents a great opportunity for us travelers. Check it out and NO, I am not an employee of any NCL company but I am a travel agent so this applies to any of the major cruise lines. Just sharing an idea. Gerry Gerry.... $1200 is not a ton of cash to risk for 100 shares I like your logic Hey it costs $1500 to make a reservation ! only the potential profit is small.... if it goes up 40 0r 50 thats only a few thousand... very small profit for very big risk There are better risks...like Disney who has way more depth 1 Link to comment Share on other sites More sharing options...
Wishing on a star Posted March 14, 2020 #10 Share Posted March 14, 2020 I wonder how much SBC would be on a 7 day cruise on Marina? Link to comment Share on other sites More sharing options...
Wishing on a star Posted March 14, 2020 #11 Share Posted March 14, 2020 If Disney is almost ten times the cost per share, no real leverage there... 100 shares of DIS would be a huge investment and would have to go up that many times more dollars per share to net the same return. Link to comment Share on other sites More sharing options...
Rare mauibabes Posted March 14, 2020 Author #12 Share Posted March 14, 2020 Up to 6 days is $50, 7-14 days is $100, 15 days + is $250 we figure we will get a bonus every time we sail and we believe the industry will rebound so the potential is great. Like was said, it isn’t a huge investment and after several longer cruises, your SBC will have paid for the investment. If it gets back to $50 in a year or two, that’s over 4 times return on your investment. Buy low sell high! I will buy a second block of shares to make sure I always get the SBC on all future cruises and use the other block to “ride the wave”. Ciao all O lovers Link to comment Share on other sites More sharing options...
Rare LHT28 Posted March 14, 2020 #13 Share Posted March 14, 2020 1 hour ago, Wishing on a star said: I wonder how much SBC would be on a 7 day cruise on Marina? No need to wonder just look up the Shareholder benefit http://www.nclhltdinvestor.com/ Link to comment Share on other sites More sharing options...
acritic Posted March 16, 2020 #14 Share Posted March 16, 2020 buying and selling is risky unless you know what you are doing. i wouldn't rely on the advice of ANYONE on cc, especially a travel agent. there are much better stocks out there when looking for ROI. if you buy 100 shares and it goes down a dollar, you have lost more than you will gain in obc. 1 Link to comment Share on other sites More sharing options...
Hawaiidan Posted March 16, 2020 #15 Share Posted March 16, 2020 1 hour ago, acritic said: buying and selling is risky unless you know what you are doing. i wouldn't rely on the advice of ANYONE on cc, especially a travel agent. there are much better stocks out there when looking for ROI. if you buy 100 shares and it goes down a dollar, you have lost more than you will gain in obc. I tend to agree. You should buy stock in solid diversified companies for the long term.. Buying stock to get a discount on cruises does not seem to follow that ideal. 2 Link to comment Share on other sites More sharing options...
Rare pinotlover Posted March 18, 2020 #16 Share Posted March 18, 2020 The greatest long term risk for many cruise lines is not the Coronavirus itself. It’s the devastation occurring in the stock and capital markets. We may recover from the virus within 3-4 months, while the capital markets may not recover in our lifetimes. Stock prices, both real estate prices and rental prices, along with other tangible goods are spiraling downward. The future ability of many of Oceania’s , and others) geriatric Passengers to pay for cruises going forward will be greatly curtailed. This is the greatest issue the cruise lines face! Near zero percentage interest rates on depleted savings will create a new environment for most retirees. Link to comment Share on other sites More sharing options...
Shawnino Posted March 18, 2020 #17 Share Posted March 18, 2020 (edited) The most frustrating thing I see on TV is people saying "It's OK to buy stock in [Company X] because the government will bail them out." Historically, in most bailouts, the bondholders might get a fraction on the dollar or they may not, but the shareholders are wiped out. A forced merger might get shareholders a little something (Bear Stearns, anybody?), but a bailout crushes equity holders. Edited March 18, 2020 by Shawnino typo Link to comment Share on other sites More sharing options...
Rare pinotlover Posted March 18, 2020 #18 Share Posted March 18, 2020 (edited) All my AA frequent flyer miles , over 500K still, could easily be erased in any bailout. Just think of the overall liability for the airlines that move would erase! AA has been a case study in corporate arrogance and malfeasance. It earned billions every year since 2013. Where did the money go? Not a rainy day fund, but 96% of it went to buy back AA stock creating a bubble price. The ability today to sell some of that stock to raise needed operating cash, just about nil. My guess corporate stock buybacks will be curtailed hugely in the future by new government rules. Good policy which will dampen stock prices even more! Get ready for a massive wave of corporations either reducing or eliminating dividends for the foreseeable future. Edited March 18, 2020 by pinotlover Link to comment Share on other sites More sharing options...
clo Posted March 18, 2020 #19 Share Posted March 18, 2020 8 hours ago, pinotlover said: We may recover from the virus within 3-4 months, while the capital markets may not recover in our lifetimes. IMO it's impossible to compare this to '08 but I'll share this anyway. We met with our Fidelity adviser in the second week of the market debacle. (Anecdote: he and his teenage son had been off the grid in the jungles of Guatemala the previous week and had no idea what had been going on.) I asked how long in '08 did it take to hit bottom. Just out of curiosity. He said three months. If one were fully in stocks, it took three years to recover. If balanced, as we were it took 18 months, which was our experience. Our 401(k) (at that time) lost 40% in value. So far we're down 10%. In '08 we made some pretty big lifestyle adjustments, including ZERO travel. We'll wait and see. Link to comment Share on other sites More sharing options...
Hawaiidan Posted March 19, 2020 #20 Share Posted March 19, 2020 (edited) 18 hours ago, clo said: IMO it's impossible to compare this to '08 but I'll share this anyway. We met with our Fidelity adviser in the second week of the market debacle. (Anecdote: he and his teenage son had been off the grid in the jungles of Guatemala the previous week and had no idea what had been going on.) I asked how long in '08 did it take to hit bottom. Just out of curiosity. He said three months. If one were fully in stocks, it took three years to recover. If balanced, as we were it took 18 months, which was our experience. Our 401(k) (at that time) lost 40% in value. So far we're down 10%. In '08 we made some pretty big lifestyle adjustments, including ZERO travel. We'll wait and see. Sorry for the hit....there are some of us that have taken well over that. using a Booker can cost you if the guy is not on top of things. ...just like cruise agents Unlike Cruise agent situation it can be way better to manage your own portfolio.. and do so with commission drains.... food for thought... anything he could have done you can do better.. Edited March 19, 2020 by Hawaiidan Link to comment Share on other sites More sharing options...
clo Posted March 19, 2020 #21 Share Posted March 19, 2020 48 minutes ago, Hawaiidan said: Sorry for the hit....there are some of us that have taken well over that. using a Booker can cost you if the guy is not on top of things. ...just like cruise agents Unlike Cruise agent situation it can be way better to manage your own portfolio.. and do so with commission drains.... food for thought... anything he could have done you can do better.. I should have put "lost" in quotes. We didn't lose cause we didn't sell anything and it came all the way back and then some. We've been with Fidelity for quite a number of years (they managed my husband's pension before he retired and since) and have been super pleased. We don't buy and sell stocks any more than we work on our cars or clean out our gutters 🙂 1 Link to comment Share on other sites More sharing options...
Hawaiidan Posted March 19, 2020 #22 Share Posted March 19, 2020 8 minutes ago, clo said: I should have put "lost" in quotes. We didn't lose cause we didn't sell anything and it came all the way back and then some. We've been with Fidelity for quite a number of years (they managed my husband's pension before he retired and since) and have been super pleased. We don't buy and sell stocks any more than we work on our cars or clean out our gutters 🙂 What ever floats your boat.....if your pleased thats what counts. I have been managing my ameritrade after ditching a lot of advisers and omission guys for about 15 years. So I am more than comfortable with do it your self.... Just offering a different perspective because I have seen brokers really screw some people bad...if they thought the client was not wise to the investment world..... Link to comment Share on other sites More sharing options...
Hawaiidan Posted March 19, 2020 #23 Share Posted March 19, 2020 On 3/18/2020 at 7:59 AM, Shawnino said: The most frustrating thing I see on TV is people saying "It's OK to buy stock in [Company X] because the government will bail them out." Historically, in most bailouts, the bondholders might get a fraction on the dollar or they may not, but the shareholders are wiped out. A forced merger might get shareholders a little something (Bear Stearns, anybody?), but a bailout crushes equity holders. Never listen to TV people.... always do your own research and risk assment... Not from a talking head just trying to fill air time. would not touch bonds in this current state of affairs..... but thats me Link to comment Share on other sites More sharing options...
clo Posted March 19, 2020 #24 Share Posted March 19, 2020 3 minutes ago, Hawaiidan said: What ever floats your boat.....if your pleased thats what counts. I have been managing my ameritrade after ditching a lot of advisers and omission guys for about 15 years. So I am more than comfortable with do it your self.... Just offering a different perspective because I have seen brokers really screw some people bad...if they thought the client was not wise to the investment world..... We consider ourselves good students of our money. So far so very good. What we found in '08 is that almost no one changed their standard of living. Link to comment Share on other sites More sharing options...
Redtravel Posted March 23, 2020 #25 Share Posted March 23, 2020 Buy NCL stock...never. Cruise stock is not a good bet. That OBC won’t be worth much if people stop cruising. NCL could go out of business. While I don’t think it is the end of all cruising, there will be casualties. Some cruise lines will go under. It has happened before. Oceania has 4 R ships that were originally Renaissance Cruises. Renaissance went out of business. There have been other cruise line casualties like Home Lines, Majesty Cruises and Royal Viking. Their ships were sold off. Some of those ships are still sailing. Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now