NordicPrince Posted May 4, 2020 #26 Share Posted May 4, 2020 2 hours ago, cruisemom42 said: I beg to disagree. The perk is hardly inconsequential at the recent stock price. For the price I just paid for my 100 shares, I will earn back the money spent in just 4 cruises of 14-days or longer (I tend to avoid shorter cruises....) There has been zero talk about changing the OBC -- in fact, I believe it has already been confirmed through mid-2021. Too much reading of tea leaves on these forums sometimes. I expect my 'gain' to come from a risk in stock price over time, having purchased at below $9/share. The dividend is somewhat inconsequential to me. Of course the stock could become worthless in a corporate reorganization, in which case it would take you awhile to recoup your loss. Right now you're not investing you're speculating in a company that has no current revenue. Link to comment Share on other sites More sharing options...
Rare cruisemom42 Posted May 4, 2020 #27 Share Posted May 4, 2020 1 hour ago, NordicPrince said: Of course the stock could become worthless in a corporate reorganization, in which case it would take you awhile to recoup your loss. Right now you're not investing you're speculating in a company that has no current revenue. Either way it's a small loss to me should that happen, and the value has gone up about 60% since I purchased it -- were I to sell now. Link to comment Share on other sites More sharing options...
Rare ontheweb Posted May 5, 2020 #28 Share Posted May 5, 2020 5 hours ago, NordicPrince said: Of course the stock could become worthless in a corporate reorganization, in which case it would take you awhile to recoup your loss. Right now you're not investing you're speculating in a company that has no current revenue. People are still buying cruises if you believe the people on these boards, so there is some revenue coming in. Plus they did get a huge influx of cash from Saudi Arabia. Link to comment Share on other sites More sharing options...
rkacruiser Posted May 5, 2020 #29 Share Posted May 5, 2020 10 minutes ago, ontheweb said: People are still buying cruises if you believe the people on these boards, so there is some revenue coming in. Plus they did get a huge influx of cash from Saudi Arabia. If those cruises do not sail, that will not be revenue that is realized. Those accounts will become liabilities for the Corporation. Link to comment Share on other sites More sharing options...
Rare ontheweb Posted May 5, 2020 #30 Share Posted May 5, 2020 11 hours ago, rkacruiser said: If those cruises do not sail, that will not be revenue that is realized. Those accounts will become liabilities for the Corporation. It is still revenue coming in now. And if it turns into a "Ponzi scheme", it's those buying at the end who will suffer, not those waiting for refunds now. Link to comment Share on other sites More sharing options...
LP Dad Posted May 5, 2020 #31 Share Posted May 5, 2020 If someone had invested 5000 USD in the market 5 years ago today, current net values are as follows, depending on what was purchased: Amazon 27 301 American Express 6342 Vanguard 500 6720 Caterpillar 7809 Carnival 1732 This assumes dividend reinvestment. I am relying on a publicly-available calculator, which only has last week's prices. I used 5000 as that was the approximate investment required to qualify for shareholder OBC (at the time). CCL investors, those have been expensive free drinks. LPD Link to comment Share on other sites More sharing options...
Georgeny Posted May 5, 2020 #32 Share Posted May 5, 2020 22 hours ago, cruisemom42 said: I beg to disagree. The perk is hardly inconsequential at the recent stock price. For the price I just paid for my 100 shares, I will earn back the money spent in just 4 cruises of 14-days or longer (I tend to avoid shorter cruises....) There has been zero talk about changing the OBC -- in fact, I believe it has already been confirmed through mid-2021. Too much reading of tea leaves on these forums sometimes. I expect my 'gain' to come from a risk in stock price over time, having purchased at below $9/share. The dividend is somewhat inconsequential to me. I wish you well but NCL has announced that they doubt they can continue. Norwegian Cruise Line warned that its upcoming financial statements will carry a statement detailing "substantial doubt" about its ability to continue as a "going concern" in the wake of the coronavirus pandemic, another sign of how the crisis is affecting the cruise industry." They were in dire straights before all this, bled by hedge fund that ran them. This is just a convenient excuse. Link to comment Share on other sites More sharing options...
TJR_0323 Posted May 5, 2020 #33 Share Posted May 5, 2020 1 hour ago, Georgeny said: I wish you well but NCL has announced that they doubt they can continue. 1 hour ago, Georgeny said: They were in dire straights before all this, bled by hedge fund that ran them. This is just a convenient excuse. What you failed to mention is NCL just made a stock offering and this forward looking statement is an SEC requirement. I wouldn't write them off quite yet! Link to comment Share on other sites More sharing options...
DFD1 Posted May 5, 2020 #34 Share Posted May 5, 2020 Form what I read this morning, it looks as though NCL also made a deal with an private equity firm for notes carrying 7% interest. If any of the big three fails, It's likely to be NCL going first. Link to comment Share on other sites More sharing options...
KirkNC Posted May 5, 2020 #35 Share Posted May 5, 2020 23 hours ago, cruisemom42 said: I beg to disagree. The perk is hardly inconsequential at the recent stock price. For the price I just paid for my 100 shares, I will earn back the money spent in just 4 cruises of 14-days or longer (I tend to avoid shorter cruises....) There has been zero talk about changing the OBC -- in fact, I believe it has already been confirmed through mid-2021. Too much reading of tea leaves on these forums sometimes. I expect my 'gain' to come from a risk in stock price over time, having purchased at below $9/share. The dividend is somewhat inconsequential to me. I agree. We have received more in OBC over the years then we paid for the stock. Link to comment Share on other sites More sharing options...
KirkNC Posted May 5, 2020 #36 Share Posted May 5, 2020 15 minutes ago, DFD1 said: Form what I read this morning, it looks as though NCL also made a deal with an private equity firm for notes carrying 7% interest. If any of the big three fails, It's likely to be NCL going first. I agree which is why am am anxiously awaiting a refund from Oceania. I received one with one more to go from them. Link to comment Share on other sites More sharing options...
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