Jump to content

CCl stock


angelmom1

Recommended Posts

I have a question for anyone who can answer it.:rolleyes:

I keep reading about having 100 shares of Carnival stock. Can someone explain to me what the benefits are. I want to make sure that I don't miss out on a really great deal.

Suzanne

Link to comment
Share on other sites

I have a question for anyone who can answer it.:rolleyes:

I keep reading about having 100 shares of Carnival stock. Can someone explain to me what the benefits are. I want to make sure that I don't miss out on a really great deal.

Suzanne

 

go to www.carnivalcorp.com

for full details

 

click on Investor Relations then Shareholder Benefits

Link to comment
Share on other sites

Thank you all so much for the information. I am deffinatly going to discuss this with my "people" and see if it would be wise to invest. Shipboard credit is nothing to sneeze at.

 

Angelmom,

It's a very conservative investment as investments go, won't make you rich (like my DISH stock: in at $5.50, currently $46.50 :D ) but has held steady (much better than my TIVO stock: in at $28, currently $6.50 :mad: ) If you cruise often, nice bonus feature to get OBC anywhere from $50 to $250 depending on the length of the cruise.

Happy cruising :)

Link to comment
Share on other sites

I feel no one answered your question.

 

Let me give you a real life example.

 

I recently bought 100 shares for $45.03.

 

Lets say this stock stayed at that price for the whiole year. they pay $1.40 per share in dividends this year. That's equivilent to 3.11% return on the price I payed.

 

Now... Carnival will give me $100 for a 7 day cruise if I have at least 100 shares. That's equivalent to another 2.22% return.

 

So if the stock price did not change for one year, you would have an effective return of 5.33%.

 

However, if the stock price rose $48.68... or $3.65 higher than the price I purchased it at... that is another 8.11% increae in value... for a total return of 13.44%. This is the effective rate I have earned so far for the year.

 

But... the stock price could have gone down... and I could be in the hole on how much I earned.

 

You need to research stocks.

Link to comment
Share on other sites

  • 2 months later...
  • 1 month later...

Has anyone used this onboard credit? I read that it can't be used with other onboard credit and is not allowed to be used for tips or casino. These are two places I would like to use it.

 

Has anyone had two different types of onboard credit and have you used it on tips or casino?

 

GG

Link to comment
Share on other sites

Has anyone used this onboard credit? I read that it can't be used with other onboard credit and is not allowed to be used for tips or casino. These are two places I would like to use it.

 

Has anyone had two different types of onboard credit and have you used it on tips or casino?

 

GG

 

I'm not sure about the specific restrictions for it's use. When we got onboard, there was a $100 credit on our Sail and Sign account, which we used up and then some, but it seems like the majority of the account was used for tips, about $50 in drinks, bingo and a few dollars in the ship's store. So I would say, you could use it for anything, but I don't know for sure.

Link to comment
Share on other sites

Ok, this is what we have experienced.

 

Example: In December 2006, we were on the Fantasy ( 4 day cruise). We had $200.00 OBC from the Holiday being canceled to be used for Katrina.

 

They gave us that $200.00 PLUS the $50.00 for Stockholder's Credit. So they did combine 2 different OBCs for us.

 

Last week, again on the Fantasy (5 day cruise), we had $120.00 OBC when our rates went down PLUS the $50.00 for Stockholder's credit. So they did combine 2 different OBC's for us again.

 

We are sailing on the Victory (7 day cruise) next month. We have $150.00 OBC from Carnival (due to a small problem we had on the Fantasy in March) PLUS we are getting the $100.00 for Stockholder's Credit. So again they are combining 2 different OBC's for us.

 

The rest of the cruises we have used it on, there has not been any other OBC....we just got the Stockholder's Credit.

 

We have used it for anything we charged to our Sail and Sign. We don't gamble, so I don't know about that!!

Link to comment
Share on other sites

I think the source of the confusion is in the wording "not combinable with any other shipboard offer". The way I understand this is that if some other stockholder benefit was offered you could not receive both or if you were given a free or reduced rate cruise you might not qualify for the benefit. It doesn't say anything about other shipboard credit. Since your credit is in the form of compensation from previous cruises and you paid a regular fare for your cruise you are entitled to the shareholder benefit.....If that makes any sense. :)

Link to comment
Share on other sites

"This benefit is not transferable, not combinable with any other shipboard offer and cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. "

 

It has become our experinece that OBC and TA credit and Stockholder's Credit combined can not be more than what the most $$ the ship will give for shareholder benefits.

 

We are going on a 15 day cruise, Ta gave $50 credit, and SBC is $100.00 = $150 so far, and with Stockholder benefit's of $250.00 and if all went well - you would think you should receive $400.00 combined credit to use while on board the ship.

 

But according to our latest letter from Carnival / Princess, they say we will only receive TA, OBC & Stockholder's Credit up to and equal to $250.00 ~

 

That means that Stockholder benefit is cut from $250 to $100.

 

I, myself, do not think this is fair.

 

Where does it say that Carnival or Princess only gives up to $250 OBC / shareholder benefit / TAC in writing?

Link to comment
Share on other sites

We are going on a 15 day cruise, Ta gave $50 credit, and SBC is $100.00 = $150 so far, and with Stockholder benefit's of $250.00 and if all went well - you would think you should receive $400.00 combined credit to use while on board the ship.

 

What is the source of the SBC? I know the TA credit is a booking inducement. Is the SBC also part of the booking offer?

 

The distinction that needs to be drawn is between an offer around a new booking and a credit derived from another source. Two other sources come immediately to mind. 1) shipboard credit offered in compensation for a situation that occurred on a previous cruise. 2) shipboard credit offered as compensation for a reduction in cruise fare after a cruise has been booked. Both of these situations should not reduce stockholder credit. Other situations may not also, but credit given at time of booking as an inducement to book appears to reduce the shareholder benefit. Does that sound right?

Link to comment
Share on other sites

can the $100 OBC be utilized on military rate-booked cruises? Not sure if that discount would be considered a "credit" or "special fare"...carnival site references: "...anyone cruising on a reduced rate...ineligible..."

 

We typically use a DRIP account to buy our 1st share of stock (usually, to save broker fees); carnival is currently listed:

 

$43.48, current 2.07% yield...may have to talk to DH;)

Link to comment
Share on other sites

What is the source of the SBC?

 

While I was on board Princess, I bought 2 Future Cruise Credits - i.e.: $100 deposits which the ship keeps in an account for me with them, when I book a cruise, one $100 deposit holds my portion of the cruise for me, cabin mate has to use their own FCC or pay full deposit and I pay the rest of my full total when due - in doing this I / we get Ship board Credit while on board, i.e. $100.00.

 

My question is - how does this have anything to do with the fact that a person owns 100+ shares of stock which equates to stock holder benefits??

Link to comment
Share on other sites

can the $100 OBC be utilized on military rate-booked cruises? Not sure if that discount would be considered a "credit" or "special fare"...carnival site references: "...anyone cruising on a reduced rate...ineligible..."

 

We typically use a DRIP account to buy our 1st share of stock (usually, to save broker fees); carnival is currently listed:

 

$43.48, current 2.07% yield...may have to talk to DH;)

 

You can open a etrade or other inexpesive online brokerage and the commission is only $10 and thats for a limit order. I only pay $5 for market order.

 

I wouldnt mess with a drip to save $5 or $10 in fees and not have control over the price Im paying. penny wise and pound foolish?

 

market orders go in at the current price, limit you can set a order for a lower price, make it a GTC (good till cancelled, etrade 90 days), and wait for it to fill and if it doesnt fill then bump it up a few cents.

 

So you can easily save a few hundred dollars by doing a limit order as opposed to a free drip that cost you $ by not buying it as smart of a price as you could if you watch and wait.

Link to comment
Share on other sites

firefly333 - very valid points - yet we've used the DRIP method with success for the last 10 years. Guess it's all what your comfort level is (DH refuses to do online transactions, likes good old-fashioned snailmail lol)....we buy in small batches; haven't been bit yet:eek: . Thanks for the primer though:)

Link to comment
Share on other sites

firefly333 - very valid points - yet we've used the DRIP method with success for the last 10 years. Guess it's all what your comfort level is (DH refuses to do online transactions, likes good old-fashioned snailmail lol)....we buy in small batches; haven't been bit yet:eek: . Thanks for the primer though:)

 

It also depends on how much stock you intend to buy. I live on my stocks and often buy in the thousands of shares, even a few pennys difference in price can be hundreds of dollars.

 

I dont have any other income except for my stocks, so every little bit is important.

Link to comment
Share on other sites

I have only used it on Carnival....so I have no experience with the other lines.

 

But they have "combined" other sources of OBC with SBC on the 3 cruises I mentioned. The "other" OBC has always been more than the SBC. Maybe that is the key???

 

The SBC is a great benefit...especially if you bought the stock when it was cheaper and sail multiple times a year like we do. And the SBC is not taxable!!

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Forum Jump
    • Categories
      • Welcome to Cruise Critic
      • ANNOUNCEMENT: Set Sail on Sun Princess®
      • Hurricane Zone 2024
      • Cruise Insurance Q&A w/ Steve Dasseos of Tripinsurancestore.com June 2024
      • New Cruisers
      • Cruise Lines “A – O”
      • Cruise Lines “P – Z”
      • River Cruising
      • ROLL CALLS
      • Cruise Critic News & Features
      • Digital Photography & Cruise Technology
      • Special Interest Cruising
      • Cruise Discussion Topics
      • UK Cruising
      • Australia & New Zealand Cruisers
      • Canadian Cruisers
      • North American Homeports
      • Ports of Call
      • Cruise Conversations
×
×
  • Create New...