Rare CineGraphic Posted October 4, 2022 #1 Share Posted October 4, 2022 (edited) With the company making so many cuts across the fleets, I wouldn't be surprised if the shareholder's benefits ends up on the chopping block somewhere down the road. How many of you will unload your shares if this happens? Edited October 4, 2022 by CineGraphic Link to comment Share on other sites More sharing options...
Potstech Posted October 4, 2022 #2 Share Posted October 4, 2022 Not at the current price. 8 1 Link to comment Share on other sites More sharing options...
Esprit Posted October 4, 2022 #3 Share Posted October 4, 2022 Not me. So long as Micky Arison holds his major shareholding I'm sticking in there! 1 Link to comment Share on other sites More sharing options...
Rare Rick&Jeannie Posted October 4, 2022 #4 Share Posted October 4, 2022 I bought strictly for the benefit. That being said, I would certainly try not to lose money on the stock! 5 Link to comment Share on other sites More sharing options...
wowzz Posted October 4, 2022 #5 Share Posted October 4, 2022 No point selling. The shares are virtually worthless, so may as well hang on to them in the hope of them rising from the dead. 14 Link to comment Share on other sites More sharing options...
Rare Rick&Jeannie Posted October 4, 2022 #6 Share Posted October 4, 2022 Agreed... 1 Link to comment Share on other sites More sharing options...
PrincessLuver Posted October 4, 2022 #7 Share Posted October 4, 2022 Yes no need to keep what will eventually become junk stock and just write off the loss. Only have it for the OBC. It would also be more one reason to start looking at other cruise lines too. 2 1 Link to comment Share on other sites More sharing options...
Rare PacnGoNow Posted October 4, 2022 #8 Share Posted October 4, 2022 1 hour ago, wowzz said: No point selling. The shares are virtually worthless, so may as well hang on to them in the hope of them rising from the dead. 😂 Agreed! 3 Link to comment Share on other sites More sharing options...
JF - retired RRT Posted October 4, 2022 #9 Share Posted October 4, 2022 We've gotten all the $$ that we paid for the stock in OBC (plus extra). Would wait to see if the price goes up to anywhere close to what we paid (it doesn't eat after all). If the price gets to a point where we can walk away with some coin, we'll sell. 2 Link to comment Share on other sites More sharing options...
skynight Posted October 4, 2022 #10 Share Posted October 4, 2022 Probably not now, unless we require a capital loss for tax purposes. 2 Link to comment Share on other sites More sharing options...
thinfool Posted October 4, 2022 #11 Share Posted October 4, 2022 (edited) The SB is not connected to the share price or revenue report or dividend (or lack thereof) It is a marketing device designed to foster brand loyalty. It must work well....it has been in existence for many, many years, not to mention the imitators that have arisen in recent years among their competitors. Edited October 4, 2022 by thinfool 1 Link to comment Share on other sites More sharing options...
Rare PescadoAmarillo Posted October 4, 2022 #12 Share Posted October 4, 2022 Rather than eliminating the CCL OBC, I suspect Princess might not allow stacking OBC, just as RCCL did. The only one I question is military…would they actually stop allowing it to be combined with CCL or FCD OBCs? Most cruise lines offer a reduced fare on at least some sailings for military. If Princess were to do away with the military OBC, they’d be eliminating any military benefit. 1 Link to comment Share on other sites More sharing options...
Rare CineGraphic Posted October 4, 2022 Author #13 Share Posted October 4, 2022 When they are cutting chocolates which cost just a few cents each, I can easily see how they’d be tempted to cancel the shareholders OBC which on average costs them about 50% of the stated value. 1 Link to comment Share on other sites More sharing options...
Level six Posted October 4, 2022 #14 Share Posted October 4, 2022 We would sell if they stopped the benefit and the price went up to a reasonable one. It wouldn't be worth it IMO. We have probably gotten a good junk back from OBC already including when they used to have dividends. I can definitely see this coming. So many people now have gotten the stocks so low that they will be paying lots and lots of OBC. I even read of someone who bought the stocks, sent in the paperwork, sold the stocks the next day. Got $250 OBC. Eventually it won't be worth it to them to offer this. 2 Link to comment Share on other sites More sharing options...
Rare Musky Ike Posted October 4, 2022 #15 Share Posted October 4, 2022 56 minutes ago, CineGraphic said: When they are cutting chocolates which cost just a few cents each, I can easily see how they’d be tempted to cancel the shareholders OBC which on average costs them about 50% of the stated value. Or raise the required shares amount, or cut back the OBC amounts, anything is possible. 3 Link to comment Share on other sites More sharing options...
sloopsailor Posted October 4, 2022 #16 Share Posted October 4, 2022 CCL is at $7.64 as I write this, up from a low of $6.69 yesterday. Maybe there is hope after all!! 1 1 Link to comment Share on other sites More sharing options...
Rare Ombud Posted October 4, 2022 #17 Share Posted October 4, 2022 Yes. It's called tax loss harvesting 1 Link to comment Share on other sites More sharing options...
rkacruiser Posted October 4, 2022 #18 Share Posted October 4, 2022 I have two pots of CCL, one smaller than the other. The larger one: will I sell? No. The smaller one: Yes, I plan to sell before the end of the year for the tax loss, not whatever is done with the shareholder's benefit. Depending on what happens after I sell, my intent will be to buy the same amount of shares (or somewhat more) that I sold. Link to comment Share on other sites More sharing options...
Rare Ombud Posted October 4, 2022 #19 Share Posted October 4, 2022 1 hour ago, rkacruiser said: I have two pots of CCL, one smaller than the other. The larger one: will I sell? No. The smaller one: Yes, I plan to sell before the end of the year for the tax loss, not whatever is done with the shareholder's benefit. Depending on what happens after I sell, my intent will be to buy the same amount of shares (or somewhat more) that I sold after waiting 30 days to avoid wash rule Note addition (but I'm sure you knew that) Link to comment Share on other sites More sharing options...
2 cruises a year Posted October 4, 2022 #20 Share Posted October 4, 2022 8 hours ago, PescadoAmarillo said: Rather than eliminating the CCL OBC, I suspect Princess might not allow stacking OBC, just as RCCL did. The only one I question is military…would they actually stop allowing it to be combined with CCL or FCD OBCs? Most cruise lines offer a reduced fare on at least some sailings for military. If Princess were to do away with the military OBC, they’d be eliminating any military benefit. I don't think that they will touch the Military Benefit. I think that they truly believe in it. But if they did touch it, it would not look good. I also don't think that it really costs them that much. It doesn't cost them dollar for dollar. Just as a rough guesstimate, it probably costs them in the neighborhood 50 cents on the dollar. And, in the whole scheme of things, I think that it is a pretty small percentage of the total passengers that qualify for it. And that percentage is decreasing, not increasing. Fewer Military today than in the past. It will gradually keep costing less, without the public relations nightmare of eliminating it. Link to comment Share on other sites More sharing options...
Buckeye10640 Posted October 4, 2022 #21 Share Posted October 4, 2022 10 hours ago, Potstech said: Not at the current price. Lol my response exactly! 1 Link to comment Share on other sites More sharing options...
that Posted October 4, 2022 #22 Share Posted October 4, 2022 11 hours ago, CineGraphic said: With the company making so many cuts across the fleets, I wouldn't be surprised if the shareholder's benefits ends up on the chopping block somewhere down the road. How many of you will unload your shares if this happens? Would you? Link to comment Share on other sites More sharing options...
Thrak Posted October 4, 2022 #23 Share Posted October 4, 2022 First bought at $37.05. We've recovered that investment via OBC and dividends. Bought again when it was something like $22. Not anxious to take a bath on that even though it's only 100 shares. I did only buy for the OBC but I'll stick it out and see what happens. Hopefully things will improve one of these days. 1 Link to comment Share on other sites More sharing options...
Bobbiegentry Posted October 4, 2022 #24 Share Posted October 4, 2022 11 hours ago, CineGraphic said: With the company making so many cuts across the fleets, I wouldn't be surprised if the shareholder's benefits ends up on the chopping block somewhere down the road. How many of you will unload your shares if this happens? Pure fear mongering. 4 Link to comment Share on other sites More sharing options...
Rare CineGraphic Posted October 4, 2022 Author #25 Share Posted October 4, 2022 18 minutes ago, that said: Would you? Yes. 1 Link to comment Share on other sites More sharing options...
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