RCG Shareholder Equity

[NavArch64]

From RCCL 8-K dated 10/29/20 .... as of 9/30/20 .... Shareholder Equity $34.34 per common share .... from Consolidated Balance Sheet. Current stock price $51.54 per common share.

[livingonthebeach]

Don’t get why market is flat and CCL and NCLH are up and RCL down?  Any insights? 

[NavArch64]

RCCL stock is selling at a 50% premium to it's underlying accounting net asset value on it's Consolidated Balance Sheet.

[livingonthebeach]

Yes but what happened today that is different and why are Carnival and NCL up and RCL down? 

[yogimax]

25 minutes ago, livingonthebeach said:

Don’t get why market is flat and CCL and NCLH are up and RCL down?  Any insights? 

RCL reported today and had an investor call.

 

Stock is now up slightly.  I wouldn't pay much attention to hour by hour prices.

[livingonthebeach]

1 minute ago, yogimax said:

RCL reported today and had an investor call.

 

Stock is now up slightly.  I wouldn't pay much attention to hour by hour prices.

Yes I see it ticked up a bit.  I am tempted to buy some more at this level but not sure that it has bottomed out. 

[yogimax]

Just now, livingonthebeach said:

Yes I see it ticked up a bit.  I am tempted to buy some more at this level but not sure that it has bottomed out. 

You can never time he market to perfection.  One way to act, if you use a broker who doesn't charge commissions, is to use dollar cost averaging

 

For example...

January 1 - buy $100 worth

February 1 - buy $100 worth

etc...

 

If you do this, you will buy more shares when the price is lower and less when the price is higher.

[NavArch64]

RCCL Debt/Equity Ratio on the Consolidated Balance Sheet went from 0.70 on 12/31/19 to 2.13 on 9/30/20. That is quite a change in the capital structure of the corporation in order to insure it's survival.

[livingonthebeach]

3 minutes ago, NavArch64 said:

RCCL Debt/Equity Ratio on the Consolidated Balance Sheet went from 0.70 on 12/31/19 to 2.13 on 9/30/20. That is quite a change in the capital structure of the corporation in order to insure it's survival.

Yikes - not good. It looks like the more the NSO is in place, the more debt Is needed and the higher that ratio will go. Anything higher than 2 is a red siren. 

[livingonthebeach]

7 minutes ago, yogimax said:

You can never time he market to perfection.  One way to act, if you use a broker who doesn't charge commissions, is to use dollar cost averaging

 

For example...

January 1 - buy $100 worth

February 1 - buy $100 worth

etc...

 

If you do this, you will buy more shares when the price is lower and less when the price is higher.

Unless it keeps going up, which at this point is highly unlikely.