Jump to content
Cruise Critic Community

amatuercruiser

Members
  • Content Count

    83
  • Joined

About amatuercruiser

  • Rank
    Cool Cruiser

About Me

  • Location
    Australia
  • Favorite Cruise Destination Or Port of Call
    Melbourne

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. In the recently release Financial report I saw a section ..(from memory) Two classes of share Carnival Stock issued at .01 par and Carnival Stock issued at approx $1.77 I agree on the Extra Shares issued by Carnival Diluting the current share Holding. Carnival is no longer the Fit and trim organization it was two months ago. It is very battered and bruised. now carrying $6 Billion of Junk Bond indebtedness and 8% more share holders to split a future dividend around.
  2. Capital gain is likely all you will get. The approx 4% Dividend of $2 a $50 Carnival share ...Once apon a time ago. Was good. Plus OBC made it even more appealing. The Carnival dividend is now officially stopped. If all Cruise ships start again I think it would be at least one year before the dividend could be justified. Especially since they have to now pay down $6 Billion in emergency finance. The share holder on Board Credit I imagine will continue but there is no guarantee.
  3. Do you think the CCL, RCL share price has Bottomed? I think the approx 80% price drop in Carnival and RCL share price, prices-in a lot of future pain..but, it does not necessarily mean you are buying at the best time! I think Carnivals Bond refinancing is good and timely but. Right now Carnival's last Cruises are having enormous trouble disembarking crew. (Sydney Australia issues etc.) The world-wide lock-down has 6 weeks minimum to go. After lockdown ends ships will have to get approval from Health authorities that they are safe! Possibly another 6 weeks delay. So what will happen to the share price in the next 12 weeks? Will any one have any paid holiday leave, to go on a holiday let alone a cruise ship. Will any one have any disposable income left after 6 to 12 Week of lock-down. If you buy now and the cruise line goes into bankruptcy you have kissed your money goodbye. Carnival is no longer a $50 stock but it might in the future be a $20-$30 Stock. I am going to wait out a few weeks and bump out the bottom, passed bankruptcy and then look at cruise lines or Berkshire (I figure BRK can't go Bankrupt).
  4. Do you think the CCL, RCL share price has Bottomed? I think the approx 80% price drop in Carnival and RCL share price, prices-in a lot of future pain..but, it does not necessarily mean you are buying at the best time! I think Carnivals Bond refinancing is good and timely but. Right now Carnival's last Cruises are having enormous trouble disembarking crew. (Sydney Australia issues etc.) The world-wide lock-down has 6 weeks minimum to go. After lockdown ends ships will have to get approval from Health authorities that they are safe! Possibly another 6 weeks delay. So what will happen to the share price in the next 12 weeks? Will any one have any paid holiday leave, to go on a holiday let alone a cruise ship. Will any one have any disposable income left after 6 to 12 Week of lock-down. If you buy now and the cruise line goes into bankruptcy you have kissed your money goodbye. Carnival is no longer a $50 stock but it might in the future be a $20-$30 Stock. I am going to wait out a few weeks and bump out the bottom, passed bankruptcy and then look at cruise lines or Berkshire (I figure BRK can't go Bankrupt).
  5. I think the Market is also forward Price factoring in the Diluting effect of EXTRA approx "1 Billion" shares that Carnival are issuing. Carnival issued a statement stopping the Dividend.
  6. Wedbush analyst James Hardiman said in a note on Tuesday that Carnival is suffering "a monthly cash burn of approximately $500 million" and the fresh injection of cash should keep the company afloat for the next 12 to 13 months. Ok so Laying up is Costing Carnival $500 M a month. That's $3 Billion for 6 Months worst case..I think that is do able and survivable for Carnival.
  7. Carnival RCL and NCLH Chance of Surviving. 1 Carnival NCLH and RCL did not get a bailout.. 2.New rules. No Taxes to USA Gov No Taxpayer money from USA. 3Covid19 and Cruise ships have made a lot of People very Sick and dying. 4The court cases against Cruise lines. have not started yet 5Laying ships up is still expensive, wild guess %40 of normal running costs. 6.NO ONE..NO ONE, knows how long this shutdown will go on. 7. Covid19 affects the Most popular Cruise line age-group 60-70 year olds. 8 Any one buying CCL stock runs Risk of Market bottoming into Chap 11 or Bankruptcy. My recommendation is wait until there is a treatment or Cure to Covid19 and then if the Carnival share price is not bankrupt buy some then.
  8. Carnival CCL is now trading at about $8.87 with a Market Capitalization of $6.604 Billion. Lets think about that. Virgin Cruises Just paid approx 800 Million (estimate) for one new ship. For the cost of eight Virgin ships you could own / buy every share In Carnival and have over 50 ships. Yes 50 ships. That's a ratio of 7 to one for the same money. All you have to do is ride out the Corona Virus until a cure or Vaccine is found. I think a few venture capitalist have to be sniffing around a $6.4 billion investment with a $25 Billion upside. RCL and NCLH are similar.
  9. https://www.marketwatch.com/investing/stock/ccl/financials/balance-sheet Carnival 2019 at some point in time. Assets $45 Billion Liabilities not including shareholders. $19.7 Billion My gut feel for the Cruise Line Industry is if the USA Government offers a bail out or Loan Holiday etc, then they can survive 6 months to 12 months. With a 2 to 4 year recovery period. USA would be Crazy to let it's major infrastructure industries like Airlines or Shipping / Cruise ships collapse. It would be a MASSIVE Christmas present to Government funded Chinese companies to come in and pick up these USA assets at Fire-sale prices.
  10. Only invest the money in Cruise line shares IF you can afford to Loose it ALL. There is NO GUARANTEE the Share Holder On Board Credit offer will continue in the future. The Share holder OBC is valid for one year and it's continuity is voted on at each annual shareholder meeting. There is No Guarantee Carnival or Royal Caribbean will continue to pay a dividend. Australia has a Tax agreement with the USA. So the USA withholding a percentage (poss 15%) of the Cruise line quarterly dividend can "Simply" be claimed back on your Australian tax return. (I think up to Aus $1000). You do need to fill out a USA Government W8????? form once every three years in order to get the benefit of the Tax agreement. There is Currently no cruises so no RUSH to invest in a declining industry. My suggestion is hold off until you are sure Carnival and RCL will be selling cruises and you will be able to get Share Holder On Board Credit.
  11. I am thinking that when the Cure is announced and things in theory spring back to Normal.. all the hot money put into the SAFE USA Dollar will flow out and will raise the Australian dollar. Making USA investments worth slightly less. In normal circumstances I would say it is swings and roundabouts. You win on the swing but loose on the roundabouts. But now is not normal circumstances.
  12. Thank you for contacting the Royal Caribbean cruise admin team. Please, accept our most sincere apologies for the delay in our response. We appreciate the opportunity to assist you today. Regarding your inquiry, we do have complementary sushi in our buffet area (OceanView Café). This bar is open daily from 5:30 - 9:30 pm. Once onboard you can ask for it. Also, there is a special restaurant "Sushi on Five", this restaurant is Ala carte menu, so you can choose your favorite sushi (prices can vary). I hope this information helps. Should you have further queries, do not hesitate to contact us. Kind regards, Manuel Ceron Cruise Admin. Department
×
×
  • Create New...