Carnival Corporation Shareholders Benefits thru 7/31/2013

[OHCruiser]

I pulled up the current document, re benefits up to 7/31/13 and I see this:

 

"Reservations must be made by February 28, 2013."

 

Do they really hold you to the 5 months out reservation in order to get the credits, or would they give it to you if you booked 91 days out?

 

Thanks!

[cweave02000]

Jim Cramer on CNN's Mad Money said a month or so ago that this was the best cruise stock to own. I've now upped my shares to 100 in order to get the OBC - already have 2 cruises booked for the rest of the year.

[innlady1]

It depend when you bought it and what price you paid. Of course if you don't sell it you've neither lost or made any money on the stock itself.

 

For us it's selling for just a little under what we paid for it about a year ago. But we've received $75 in Dividends and $250 in OBC for $325 back on a $3000 investment. By the end of the year we will have received $75 more in dividends and another $250 in OBC for a total of $650 on our investment.

 

I just noticed the the other post. I guess it's selling for a little over what we paid for it.

 

We bought CCL toward the end of '12. My investment club owned it for a while and we did fairly well with it. Personally, I bought it for the OBC's...and if the stock performs, all the better. The dividends are a nice perk.

[bar_20]

I purchased 100 shares each of both Carnival & RCL and put it in my IRA roll over account. So it can sit there for years and I don't have to pay capital gains tax on the dividends and can leave it in there until I die or need the money, which I don't anticipate happening in my lifetime. Carnival has seven different cruise lines you can apply it to and RCL has three. It was a no brainer for me.

[bar_20]

I pulled up the current document, re benefits up to 7/31/13 and I see this:

 

"Reservations must be made by February 28, 2013."

 

Do they really hold you to the 5 months out reservation in order to get the credits, or would they give it to you if you booked 91 days out?

 

Thanks!

 

I just got the 2012 annual report from Carnival. On page 4 of the report it list the shareholders benefit. It states the benefits on saliings through July 31,2014. Reservations not payment must be made by February, 28,2014. The amount of credit is the same as 2013 $250,100,50. The UK was increased to 150, 60, 30 pounds.

 

BTW they are having their annual shareholders meeting on April 17, not at company headquarters in Miami but in London, UK. I guess they don't want the angry Carnival customers from the USA attending the meeting!

[swedish weave]

I just got the 2012 annual report from Carnival. On page 4 of the report it list the shareholders benefit. It states the benefits on saliings through July 31,2014. Reservations not payment must be made by February, 28,2014. The amount of credit is the same as 2013 $250,100,50. The UK was increased to 150, 60, 30 pounds.

 

BTW they are having their annual shareholders meeting on April 17, not at company headquarters in Miami but in London, UK. I guess they don't want the angry Carnival customers from the USA attending the meeting!

 

I don't understand your comment about the shareholders meeting being held in London.

 

The Concordia disaster was far greater than the relatively minor incidents that occurred in the USA.

 

AND -- Carnival has a few cruise lines based in that part of the world which makes their choice of a venue for the meeting very logical.

[richwmn]

I just got the 2012 annual report from Carnival. On page 4 of the report it list the shareholders benefit. It states the benefits on saliings through July 31,2014. Reservations not payment must be made by February, 28,2014. The amount of credit is the same as 2013 $250,100,50. The UK was increased to 150, 60, 30 pounds.

 

BTW they are having their annual shareholders meeting on April 17, not at company headquarters in Miami but in London, UK. I guess they don't want the angry Carnival customers from the USA attending the meeting!

 

I don't understand your comment about the shareholders meeting being held in London.

 

The Concordia disaster was far greater than the relatively minor incidents that occurred in the USA.

 

AND -- Carnival has a few cruise lines based in that part of the world which makes their choice of a venue for the meeting very logical.

 

Carnival Corporation is dual listed in the US and UK. They regularly hold the stockholder meeting in London, if I am not mistaken it alternates. It has nothing to do with anything which may or may not have happened.

[Linda&Vern]

Nothing unusual about a major corporation holding their Annual Shareholders Meeting somewhere besides their US offices. I assure you the meeting dates/times/locations are set several years in advance.

[sammygoose]

I've been wanting to diversify my portfolio for a while so I decided to sell a couple of under-performing mutual funds and pick up 100 CCL shares. The Concordia and Triumph didn't hurt and I'll take the OBC and dividend as a bonus.

Shares when I started looking in late 2012 $38.25

Shares now:

Carnival Corporation (CCL) -NYSE

$34.30 0.67(1.99%) Mar 28, 4:00PM EDT|After Hours : 34.30 0.00 (0.00%) Mar 28, 7:57PM EDT

[richwmn]

February 18, 2010

MICKY ARISON

Chairman of the Boards

Chief Executive Officer

To our Shareholders:

I am pleased to invite you to attend our joint annual meetings of shareholders at The Biltmore Hotel, 1200

Anastasia Avenue, Coral Gables, Florida 33134, United States of America on Tuesday, April 13, 2010. The

meetings will commence at 10:00 a.m. (EDT), and although there are technically two separate meetings (the

Carnival plc meeting will begin first), shareholders of Carnival Corporation may attend the Carnival plc meeting

and vice-versa. Because we have shareholders in both the United Kingdom and the United States, we plan to

continue to rotate the location of the annual meetings between the United Kingdom and the United States each

year in order to accommodate shareholders on both sides of the Atlantic.

[bar_20]

Most companies that have shares that trade to the public have shareholders all over the world. I have over 20 different corporations in my portfollio. Carnival is the only one I have that doesn't hold it's shareholers meeting on or near their corporate headquarters every year. Crarnival's problems didn't just start this year. Just go back five years and read their reviews or google carnival complaints and I am not just talking about bad reviews on CC.

 

From 2010

http://carnival-cruise-lines.pissedconsumer.com/

 

http://www.ripoffreport.com/directory/carnival-cruise-lines.aspx

 

This is just two internet complaint web sites from three years ago. Most of these are from Carnivals own line not from the others they own.

[richwmn]

Most companies that have shares that trade to the public have shareholders all over the world. I have over 20 different corporations in my portfollio. Carnival is the only one I have that doesn't hold it's shareholers meeting on or near their corporate headquarters every year. Crarnival's problems didn't just start this year. Just go back five years and read their reviews or google carnival complaints and I am not just talking about bad reviews on CC.

 

From 2010

http://carnival-cruise-lines.pissedconsumer.com/

 

http://www.ripoffreport.com/directory/carnival-cruise-lines.aspx

 

This is just two internet complaint web sites from three years ago. Most of these are from Carnivals own line not from the others they own.

As I mentioned in an earlier post, what we commonly know as Carnival Corp. is actually dual listed in the US and UK. From the corporate website

Carnival Corporation and Carnival plc operate under a dual listed company structure with primary stock listings in the United States and the United Kingdom. Accordingly, we have implemented a single corporate governance framework consistent, to the extent possible, with the governance practices and requirements of both countries. While there are customs or practices that differ between the two countries, we believe our corporate governance framework effectively addresses the corporate governance requirements of both the United States and the United Kingdom.

this is from the website located at http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-govhighlights

 

Because of this dual listing they have two corporate headquarters, one in Miami and the other in London. For that reason they alternate the location of the meeting.

[LewesBeach]

We did the quick and easy method. Booked the cruise. Bought the stock. Got the $100 credit. Made $200 on the stock. Sold the stock. Soon to go on cruise.

 

I will also be curious to know if you have the credit when you board, having sold the stock. We were told you must be current shareholders when you board the ship for the credit to apply.

[Sea42]

I will also be curious to know if you have the credit when you board, having sold the stock. We were told you must be current shareholders when you board the ship for the credit to apply.

There is no way for the ship to know that you have sold your stock. The staff does not ask for current proof of ownership when you board.

[Tampa Girl]

There is no way for the ship to know that you have sold your stock. The staff does not ask for current proof of ownership when you board.

 

 

The staff, no, but wouldn't there be some communication between HAL and the corporate office to determine if the cruiser is still a shareholder? When we get OBC's from outside TA's, do they actually pay those sums to HAL? And if that is the way it goes, wouldn't Carnival Corporation be giving HAL the credit for the OBC"s?

[Sea42]

The staff, no, but wouldn't there be some communication between HAL and the corporate office to determine if the cruiser is still a shareholder? When we get OBC's from outside TA's, do they actually pay those sums to HAL? And if that is the way it goes, wouldn't Carnival Corporation be giving HAL the credit for the OBC"s?

 

I'm not sure that would be very feasible. It would require someone (?) from the corporate office to check the financial records (every sailing day, for each ship, from each line in the Carnival Corp.) of every passenger that has claimed the shareholders credit. I really don't know how they would go about doing that.

[Tampa Girl]

I'm not sure that would be very feasible. It would require someone (?) from the corporate office to check the financial records (every sailing day, for each ship, from each line in the Carnival Corp.) of every passenger that has claimed the shareholders credit. I really don't know how they would go about doing that.

 

 

I agree that it doesn't sound very feasible. But does anyone know how the independent TA's OBC's are handled by HAL? Do the TA's actually pay the money to HAL? Or does it just come out of their commission? Probably the latter.

[CaveDiving]

We did the quick and easy method. Booked the cruise. Bought the stock. Got the $100 credit. Made $200 on the stock. Sold the stock. Soon to go on cruise.

 

I will also be curious to know if you have the credit when you board, having sold the stock. We were told you must be current shareholders when you board the ship for the credit to apply.

 

Hello TwoSue,

 

Doesn't it make you feel really good that you may make a few bucks by violating the rules. You must be a great example for your kids.

 

Scott & Karen

[princess2010]

Hello TwoSue,

 

Doesn't it make you feel really good that you may make a few bucks by violating the rules. You must be a great example for your kids.

 

Scott & Karen

 

And who are you, Jesus Christ? :rolleyes:

[pms4104]

I will also be curious to know if you have the credit when you board, having sold the stock. We were told you must be current shareholders when you board the ship for the credit to apply.

I was curious about this last year and emailed HAL. Following is the response I received from one of the people that handles the shareholder benefit requests:

 

"Thank you for your e-mail regarding the CCL benefit program for Holland America Line sailings. When applying for the CCL stock you must be a current owner of at least 100 shares of CCL stock at time of submission. If you choose to sell it before the sailing, Holland America Line does not check or monitor that you are a current share holder at time of sailing.

 

However, please keep in mind that if you sell the stock before sailing and something happens such as needing to rebook to another sailing or the promo falls off and we need to research the proof of what was received, if it’s outdated and requires a more current copy of stock ownership, obviously this would be an issue if the stock is no longer owned by the guest on the reservation and we would have to deny the benefit. While these circumstances would be rare, it is a possibility."

Hello TwoSue,

 

Doesn't it make you feel really good that you may make a few bucks by violating the rules. You must be a great example for your kids.

 

Scott & Karen

Per the response from HAL quoted above, buying/applyingfor OBC/selling is not a violation of the rules.

[swedish weave]

I will also be curious to know if you have the credit when you board, having sold the stock. We were told you must be current shareholders when you board the ship for the credit to apply.

 

Did you notice that the post by TwoSue was over a year old ? May 31, 2012

[paradiseisaprincessaway]

I just purchased after 2 years debating. My purchase price was34.99. I am planning cruises till I die No other way to travel .......

 

I received my statement confirming ownership, I'm sailing end of aug and in October. Who do I send my statement to? Or how do I apply for obc. And do you need to apply for every sailing or do they keep it on file???

[Gail & Marty sailing away]

Hello TwoSue,

 

Doesn't it make you feel really good that you may make a few bucks by violating the rules. You must be a great example for your kids.

 

Scott & Karen

 

Well put.

 

 

Sent using the Cruise Critic forums app

[Skipper's Mom]

I just purchased after 2 years debating. My purchase price was34.99. I am planning cruises till I die No other way to travel .......

 

I received my statement confirming ownership, I'm sailing end of aug and in October. Who do I send my statement to? Or how do I apply for obc. And do you need to apply for every sailing or do they keep it on file???

 

Fax your proof of ownership to HAL at 206-281-0627. Make sure that your name, booking number, ship and sail date are indicated on the copy of your proof of ownership. I generally see it posted the same day. If you booked through a TA, you should ask them to check for you. You may wish to send separate faxes for each cruise.

[Windsailer]

This is what the current Shareholder Benefit page says:

 

"The benefit is applicable on sailings through July 31, 2014 aboard the brands listed below. Certain restrictions apply. Applications to receive these benefits should be made at least two 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, tour conductors or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer. This benefit is not transferable 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, 2014.

 

 

Please provide by fax or by mail your name, reservation number, ship and sailing date, along with proof of ownership of Carnival Corporation or Carnival plc shares (for example, photocopy of shareholder proxy card, shares certificate or a current brokerage or nominee statement with your brokerage account number blacked out) to your travel agent or to the cruise line you have selected below."

 

 

It makes it very clear what information you need to provide HAL. And it goes to:

 

HOLLAND AMERICA LINE

World Cruise Reservations

300 Elliott Avenue West

Seattle, WA 98119

Tel 800 522 3399

Fax 206 281 0627

 

You can ask that they email you a confirmation. If you don't get it, call the number above. No need to have your TA do it as long as you call te specific number above.

 

HAL does not keep the CCL stock info for you - you need to send a new OBC request for each cruise. I only do one request at a time even though I usually have 3 or 4 cruises booked at a time.