Mike07 Posted October 20, 2023 #276 Share Posted October 20, 2023 (edited) 5 minutes ago, Princessfan20 said: But go ahead and put everything you own on CCL if it is such a sure thing. Who is putting everything they own in CCL? 100 shares of CCL is like $1200 right now. People spend that more in the casino or on shore excursions. Maybe I should grow my CCL stock holdings and help Princes with more creative ways to charge for services onboard. Edited October 20, 2023 by Mike07 1 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted October 20, 2023 #277 Share Posted October 20, 2023 20 minutes ago, Mike07 said: Who is putting everything they own in CCL? 100 shares of CCL is like $1200 right now. People spend that more in the casino or on shore excursions. Maybe I should grow my CCL stock holdings and help Princes with more creative ways to charge for services onboard. So much drama, so little time. My current 100 shares of CCL cost $800 and I’ve received more than that in OBC this year. Tax free. The dividend was suspended after 9/11 but returned. CCL will gradually start paying a dividend again. Dumb luck continues to outperform analysts. Glad I sold my Tesla stock near the top. Will buy more but not yet. Link to comment Share on other sites More sharing options...
Rare ontheweb Posted October 21, 2023 #278 Share Posted October 21, 2023 14 hours ago, BlerkOne said: Wasn't it over 35 billion in recent memory? Only $32 BILLION, maybe they should start a Go Fund Me page. 🤣 Link to comment Share on other sites More sharing options...
chisoxfan Posted October 21, 2023 #279 Share Posted October 21, 2023 I don't see how things could set up any worse for the Cruise Industry. Rising oil prices, cost to finance massive debt, labor and food inflation, pending recession, and now expanded world conflict. In addition they have already raised prices dramatically with little ability to continue this trend. As a sidebar, we just got off a 10 night X Apex at full capacity and there were 4-5 future cruise consultants in a prime area which we frequently passed. It was rare to see more than 2 occupied at any time and sometimes they sat alone. All of my past cruises on Princess, X, or MSC typically had passengers sitting and waiting for a representative ie. I was generally frustrated trying to book a future cruise if I was inclined to. I guess I am wondering which player goes bankrupt first and what ramifications it would bring to the Industry and cruising public. JMHO 1 1 Link to comment Share on other sites More sharing options...
Mike07 Posted October 21, 2023 #280 Share Posted October 21, 2023 (edited) 1 hour ago, chisoxfan said: I don't see how things could set up any worse for the Cruise Industry. Rising oil prices, cost to finance massive debt, labor and food inflation, pending recession, and now expanded world conflict. In addition they have already raised prices dramatically with little ability to continue this trend. As a sidebar, we just got off a 10 night X Apex at full capacity and there were 4-5 future cruise consultants in a prime area which we frequently passed. It was rare to see more than 2 occupied at any time and sometimes they sat alone. All of my past cruises on Princess, X, or MSC typically had passengers sitting and waiting for a representative ie. I was generally frustrated trying to book a future cruise if I was inclined to. I guess I am wondering which player goes bankrupt first and what ramifications it would bring to the Industry and cruising public. JMHO Oh wow.... I've done two cruises with X and their future cruise consultants were constantly slammed. It's nice to be busy at work, but they could barely catch a breather. Edited October 21, 2023 by Mike07 Link to comment Share on other sites More sharing options...
Rare LACruiser88 Posted December 8, 2023 #281 Share Posted December 8, 2023 Today's close, Carnival stock has not been this high in quite some time. 5 Link to comment Share on other sites More sharing options...
Rare dlh015 Posted December 9, 2023 #282 Share Posted December 9, 2023 3 hours ago, LACruiser88 said: Today's close, Carnival stock has not been this high in quite some time. Now if we can just get the Shorts to start covering...😀 1 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted December 9, 2023 #283 Share Posted December 9, 2023 13 hours ago, LACruiser88 said: Today's close, Carnival stock has not been this high in quite some time. Wow! It's basically up to a little over 1/2 of what we paid for it. 🤦♂️ (Of course we did get dividends for quite a while and several times recieved teh OBC.) 3 Link to comment Share on other sites More sharing options...
Rare richstowe Posted December 9, 2023 #284 Share Posted December 9, 2023 Double what DW paid for it last spring ! 😁 Half of what I paid for it years ago. 😥 Oh well, price averaging. 2 Link to comment Share on other sites More sharing options...
Esprit Posted December 9, 2023 #285 Share Posted December 9, 2023 (edited) Despite the Pandemic buying my CCL shares way back in 2001 when they were P&O Princess listed was the best investment decision I’ve made. Until March 2020 the quarterly dividends paid for a 7 day cruise. Not to mention all the OBC on top. Edited December 9, 2023 by Esprit 1 Link to comment Share on other sites More sharing options...
chisoxfan Posted December 9, 2023 #286 Share Posted December 9, 2023 11 minutes ago, Esprit said: Despite the Pandemic buying my CCL shares way back in 2001 when they were P&O Princess listed was the best investment decision I’ve made. Until March 2020 the quarterly dividends paid for a 7 day cruise. Not to mention all the OBC on top. As they say "Past performance does not guarantee future results"😀 Link to comment Share on other sites More sharing options...
Esprit Posted December 9, 2023 #287 Share Posted December 9, 2023 1 minute ago, chisoxfan said: As they say "Past performance does not guarantee future results"😀 That’s what my wife says to me most nights in bed😜 4 Link to comment Share on other sites More sharing options...
Incognito1 Posted December 11, 2023 #288 Share Posted December 11, 2023 On 12/9/2023 at 6:52 AM, ontheweb said: Wow! It's basically up to a little over 1/2 of what we paid for it. 🤦♂️ Or a third. Link to comment Share on other sites More sharing options...
2 cruises a year Posted August 24 #289 Share Posted August 24 On 12/8/2023 at 3:10 PM, LACruiser88 said: Today's close, Carnival stock has not been this high in quite some time. Time to get this thread going again. What is going on? The share price pretty much fell after this post, peaked at $19 again in July, and dropped again. Ships have been sailing full since this post, package sales are up, but the price can't seem to get back to even this. Any thoughts? 1 Link to comment Share on other sites More sharing options...
chisoxfan Posted August 24 #290 Share Posted August 24 10 hours ago, 2 cruises a year said: Time to get this thread going again. What is going on? The share price pretty much fell after this post, peaked at $19 again in July, and dropped again. Ships have been sailing full since this post, package sales are up, but the price can't seem to get back to even this. Any thoughts? It's a crummy business. This was the lesson I learned from Mr. Buffet and my early entrees into airline stocks. Crazy current debt loads, a declining state of the consumer, inflation impact on food, labor, fuel, and sensitivities to world conflicts. CCL has done a pretty good job paying off some debt but there is a very long way to go and shareholder value was diluted along the way. Current bookings are super strong (we just did some HAL 2026 cruises and I was surprised how busy they were) but with the deposits refundable nothing really insures travel that far out. I cannot believe that there is a ton of pricing power left for the mainstram cruise lines. As a speculative short term play for somebody 'in the know' fine but as a long term investment meh.... JMHO as you asked 1 Link to comment Share on other sites More sharing options...
Rare LawDog61 Posted August 24 #291 Share Posted August 24 “Buy the dip and sell the rip” has been working for me. Not interest in it as a long term holding (other than 100 shares of course) 1 Link to comment Share on other sites More sharing options...
Cruisemeister2002 Posted August 24 #292 Share Posted August 24 With ships running near capacity where does the extra come from. You can put prices up, you can offer enhanced package deals, but it only takes a small dip in consumer confidence for reduced numbers to take a toll. If for instance with the new Premier package, if people can't get into Speciality restaurants but are having to fork out more for the privilege the desire to pay extra and not receive it will very soon lead to fewer taking out the package. Princess or for that matter any cruise line needs to make sure their service to the customer is second to none. I for instance have done most of my cruises on P&O, but due to what I class a very poor cruise last year will probably not return to them. Obviously huge debt is what will hold the share price of CCL down and I don't see a share price of £40 coming around for many,many years to come. I did have a 100 shares back in 2022, took a cruise where I received £150 OBC in early 2023. The share hit over £13 a month or so later so I cashed in and took a £600 profit. Link to comment Share on other sites More sharing options...
Rare c-boy Posted August 24 #293 Share Posted August 24 leisure travel industry can be a fickle love affair. The cruise industry is costly and burdened from regulations. Even so; we have taken a position in CCL, RCL and DIS, we don't look to them as sprinters as much as marathoner's . Through out this decade, with the exception of 2020, they have served their purpose in our portfolio. We are confident the quarterly earnings report will be positive for all three. 4 Link to comment Share on other sites More sharing options...
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