Carnival Corporation Stock

[Bwana Tom]

14 minutes ago, nasa1974 said:

I just sent an email this morning requesting the shareholders OBC. I got this response back.

 

Thank you for submitting your request for Carnival Corporation Shareholder Benefits.  Due to current high volumes, please allow up to 21 days for processing.  You will receive a confirmation once the benefit has been applied to your booking.  

 

Sincerely,

Princess Cruises

 

Time will tell. 🙂

Standard generic email. Check to see if it has been added to your account tomorrow. I'm thinking it will be.

[capriccio]

17 minutes ago, nasa1974 said:

I just sent an email this morning requesting the shareholders OBC. I got this response back.

 

Thank you for submitting your request for Carnival Corporation Shareholder Benefits.  Due to current high volumes, please allow up to 21 days for processing.  You will receive a confirmation once the benefit has been applied to your booking.  

 

Sincerely,

Princess Cruises

 

Time will tell. 🙂

That was the same message I received in August.  I submitted my request right before going to bed (around midnight) and the OBC was in my records when I checked at 9 am.  They are just trying to cover themselves - I bet you hear much sooner.

[BamaVol]

21 hours ago, capriccio said:

That was the same message I received in August.  I submitted my request right before going to bed (around midnight) and the OBC was in my records when I checked at 9 am.  They are just trying to cover themselves - I bet you hear much sooner.

Mine took 3 days or less. Might have been the following day but based on the email, I didn’t look right away. 

[nasa1974]

Just looked this morning and the stock OBC has been applied to my cruises. Surprised even for the April 2024 cruise.

[bjkTX]

I sent mine in for a Feb 20924 cruise early this past week and forgot about it until today - I looked and it was posted already!

[julie3fan]

1 hour ago, bjkTX said:

I sent mine in for a Feb 20924 cruise early this past week and forgot about it until today - I looked and it was posted already!

 

Haha!  You are *really* planning ahead! 🤭😁🤣

[Incognito1]

On 1/22/2023 at 5:42 AM, Cruise till you drop said:

And it’s at a very attractive price now at about $10.47 a share but unfortunately many of us bought it at much higher and the loss is much greater than the $100 credit.  But we hang on to it in the hope it rebounds.  What I’m trying to say is that it’s a stock and does come with risk to get the $100 credit

 

^^This^^.  We bought it at $"much too high."  Not sure we'll ever recoup the cost with OBC, but we are looking at it like the rest of our stocks - bought with funds that were outside the normal budget.  Hopefully it rebounds, but since we'll likely never take the $ back out (pass it to the kids/grandkids), it doesn't matter that much.

 

$11.16 today.

[BamaVol]

7 hours ago, Incognito1 said:

^^This^^.  We bought it at $"much too high."  Not sure we'll ever recoup the cost with OBC, but we are looking at it like the rest of our stocks - bought with funds that were outside the normal budget.  Hopefully it rebounds, but since we'll likely never take the $ back out (pass it to the kids/grandkids), it doesn't matter that much.

 

$11.16 today.

I hadn’t thought about that.  I’ll have to figure out which kid is likely to take advantage if the OBC benefit.  It’s just 100 shares.  I’d never have “invested” in a cruise company’s shares.

[bjkTX]

13 hours ago, julie3fan said:

 

Haha!  You are *really* planning ahead! 🤭😁🤣

LOL - I hadn't noticed the typo until you posted this 🙂  I wonder how much the tips will be in 20924!! 🙂

[Italy52]

Is there anything in writing that shows how long the Carnival Corporation stock OBC will be offered --- is there an expiration date to this benefit? 

[jwattle]

10 minutes ago, Italy52 said:

Is there anything in writing that shows how long the Carnival Corporation stock OBC will be offered --- is there an expiration date to this benefit? 

It gets renewed every year...not sure what month; I believe June 30.

[TN-Mountains]

1 hour ago, Italy52 said:

Is there anything in writing that shows how long the Carnival Corporation stock OBC will be offered --- is there an expiration date to this benefit? 

I looked this up yesterday so I can submit a request for OBC.  Here is a link to the benefit:  https://www.carnivalcorp.com/static-files/bc1b7f04-a3e8-4176-91ac-a529290fe45d

 

And, if like me, you don't trust random links on the internet.  I copied and pasted the info your looking for here.  🙂 

 

"The benefit is applicable on sailings through July 31, 2023 aboard the brands listed below. Certain restrictions apply. Applications to receive these benefits should be made at least three weeks prior to cruise departure date.

 

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. Employees, travel agents cruising at travel agent rates, interline rates, tour conductors or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer. This benefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2023.

 

Please provide by email1 , fax or by mail your complete legal name, reservation/booking number, ship and sailing date, along with proof of ownership of Carnival Corporation or Carnival plc shares (for example, photocopy of shareholder proxy card, a dividend tax voucher or a current brokerage or nominee statement with your current mailing address and your brokerage account number blacked out) no later than 4 weeks prior to your sail date to your travel agent or to the cruise line you have selected below. 1 If you chose to email, you do so at your own risk and with the knowledge that email is inherently an insecure method of communication."

[Italy52]

@TN-Mountains

 

"The benefit is applicable on sailings through July 31, 2023 aboard the brands listed below."  This line from your quote above had me wondering if there was an expiration date on the benefit.  Thanks for your post.

[DCThunder]

As was said upthread, the shareholder credit has to be renewed each year by the CCL board of directors.  This has been routinely done every year since the benefit was created, sometime in the dim dark past.  I suppose they could decide not to renew it for the next year, but I tend to doubt it.

[TN-Mountains]

3 minutes ago, Italy52 said:

@TN-Mountains

 

"The benefit is applicable on sailings through July 31, 2023 aboard the brands listed below."  This line from your quote above had me wondering if there was an expiration date on the benefit.  Thanks for your post.

As @jwattlementioned, it is typically renewed annually.  I expect to see an updated Share Holder benefit letter sometime closer to July 31. Of course there is no guarantee it will be the same or any OBC.  

[nasa1974]

Last week I requested my shareholders OBC for my October 2023 B2B cruises and my April 2024 cruise and it got approved. I guess I will have to wait to see if it gets taken away.  If it does there will be a lot of unhappy shareholders.

Good luck to all and cruising is better than sitting at home. 

[BamaVol]

14 hours ago, TN-Mountains said:

As @jwattlementioned, it is typically renewed annually.  I expect to see an updated Share Holder benefit letter sometime closer to July 31. Of course there is no guarantee it will be the same or any OBC.  

If directors failed to renew, or significantly lowered the OBC, you can expect to see a lot of CCL stock suddenly dumped on the market with an immediate negative price impact.  They wouldn’t want to do that.

Edited February 14, 2023 by BamaVol

[wowzz]

6 minutes ago, BamaVol said:

If directors failed to renew, or significantly lowered the OBC, you can expect to see a lot of CCL stock suddenly dumped on the market with an immediate negative price impact.  They wouldn’t want to do that.

The number of stocks held by private small investors is infinitessimal in the scale of things. If everyone of us who have 100 shares were to sell tomorrow, the share price would barely move.

[caribill]

On 2/10/2023 at 10:34 AM, nasa1974 said:

Thank you for submitting your request for Carnival Corporation Shareholder Benefits.  Due to current high volumes, please allow up to 21 days for processing.  You will receive a confirmation once the benefit has been applied to your booking.  

 

Sincerely,

Princess Cruises

 

 

Don't count on receiving that confirmation.

 

Just check your Personalizer every now and then.

[Coral]

2 hours ago, caribill said:

 

Don't count on receiving that confirmation.

 

Just check your Personalizer every now and then.

My TA has been receiving an updated booking notification lately when the shareholder credit has been applied. She then forwards it to me. This has happened several times in the past 6 months. Hasn't happened in previous years.

 

I applied for it on Saturday afternoon and Sunday, she received an updated notification which surprised the heck out of me.

[ontheweb]

18 hours ago, DCThunder said:

As was said upthread, the shareholder credit has to be renewed each year by the CCL board of directors.  This has been routinely done every year since the benefit was created, sometime in the dim dark past.  I suppose they could decide not to renew it for the next year, but I tend to doubt it.

There was a lot of speculation on these boards when the cruise lines were negatively impacted by Covid that CCL would stop the shareholder OBC or maybe double the number of shares required to qualify for it. Some of us argued that that made no sense as it was a marketing tool with little or no cost to them. What they ended up doing the next time it came up for renewal was to extend it 2 years instead of the usual 1 year renewal.

 

I think it is very safe to say that it is here to stay.

[Musky Ike]

18 hours ago, DCThunder said:

I suppose they could decide not to renew it for the next year, but I tend to doubt it.

I agree. However a change in the OBC amounts or required shares is always possible. Good thing I have those extra ones I bought at near bottom incase they raise the required shares. 😉

[DCThunder]

4 hours ago, wowzz said:

The number of stocks held by private small investors is infinitessimal in the scale of things. If everyone of us who have 100 shares were to sell tomorrow, the share price would barely move.

We can all band together to get a Cruise Critic representative on the CCL board!  Then we can get towel animals, chocolates on the pillow, champagne fountains, and every other petty and entitled demand we can think of, enacted! 

 

CCL Shareholders Unite!  We have nothing to lose but our "reserved-all-day-by-leaving-a-towel-and-flip-flops-at-6:00-am" poolside loungers!  🍻

 

 

[gottagocit]

Analyst are beginning to raise outlooks for CCL and other cruise companies after years of saying they’re to be avoided due to the risk of bankruptcy. They’ve began making $’s again and booking numbers appear to have sky rocketed. Prices of cruises and onboard services have increased in order to ensure survival. 

 

After several years of owning just 100 shares for the OBC we have invested in a few hundred more at what will hopefully be seen one day as a missed opportunity for anyone who doesn’t do the same. We love to cruise and regularly invest sums of money in cruises so why not invest in the company to make some of that money back?

Disclaimer: I am not a qualified financial advisor or insider and am offering my opinion only. 

[BamaVol]

13 hours ago, wowzz said:

The number of stocks held by private small investors is infinitessimal in the scale of things. If everyone of us who have 100 shares were to sell tomorrow, the share price would barely move.

True to some extent.  But I still might dump it and buy NCL with the proceeds, if CCL dropped the perk and the other two did not.