suzyed Posted June 26, 2013 #1 Share Posted June 26, 2013 Can anyone provide some info on Royal Caribbean Stock and the Shareholder benefit? How many shares do we need to get the OBC? Is there a form to fill out to get the OBC? Link to comment Share on other sites More sharing options...
KroozFoolz Posted June 26, 2013 #2 Share Posted June 26, 2013 http://phx.corporate-ir.net/phoenix.zhtml?c=103045&p=irol-shareholderbenefit#3 Link to comment Share on other sites More sharing options...
cruisePAC Posted June 26, 2013 #3 Share Posted June 26, 2013 Wow, this is interesting. It's something that I never thought of or heard about. Too bad you can't combine it with any other discounts. Link to comment Share on other sites More sharing options...
truffles2 Posted June 26, 2013 #4 Share Posted June 26, 2013 It can be used on Celebrity also--if there are no other benes. Link to comment Share on other sites More sharing options...
ahecht Posted June 27, 2013 #5 Share Posted June 27, 2013 Only thing to be aware of is that it can take anywhere from 30 minutes to over a week for your submission to be processed, so don't wait until the last minute. Link to comment Share on other sites More sharing options...
PLEIKU68 Posted June 27, 2013 #6 Share Posted June 27, 2013 Please be aware it is not combinable with any other discount. The higher the level in C & A the more useless this becomes.:eek::eek: Link to comment Share on other sites More sharing options...
Clarea Posted June 27, 2013 #7 Share Posted June 27, 2013 We occasionally book an Ocean View stateroom on a 3 or 4 day cruise. In that case, we use the shareholder benefit OBC because it is more ($50 vs $25) than the on board booking OBC. Link to comment Share on other sites More sharing options...
Ocean Boy Posted June 27, 2013 #8 Share Posted June 27, 2013 Wow, this is interesting. It's something that I never thought of or heard about. Too bad you can't combine it with any other discounts. It was nice when we used to be able to combine it. Link to comment Share on other sites More sharing options...
truffles2 Posted June 27, 2013 #9 Share Posted June 27, 2013 Talk about the good old days!!! You could combine stockholders benefit, balcony discount, booking on board AND coupons! And price drops until sailing date! Link to comment Share on other sites More sharing options...
setsail Posted June 27, 2013 #10 Share Posted June 27, 2013 Stock for OBC:rolleyes: For the same amount of money to buy 100 shares, around 3500 with fee you could buy RCI's corporate debt paying 7% a year. That's around 210.00$ in interest you can use or combine any way you want any time you want. no paper work and nothing to submit. Buy enough, it can pay for a cruise every year, no brainer:D Link to comment Share on other sites More sharing options...
Ba' Datz Posted June 27, 2013 #11 Share Posted June 27, 2013 If you are MTD with prepaid gratuities can you use the shareholder OBC or any other OBC for that matter to "pay off" and get a credit for the pre paid gratuities Link to comment Share on other sites More sharing options...
Clarea Posted June 27, 2013 #12 Share Posted June 27, 2013 If you are MTD with prepaid gratuities can you use the shareholder OBC or any other OBC for that matter to "pay off" and get a credit for the pre paid gratuities No, unfortunately anything you pay for before the cruise starts cannot be offset with OBC. Link to comment Share on other sites More sharing options...
Ba' Datz Posted June 27, 2013 #13 Share Posted June 27, 2013 (edited) No, unfortunately anything you pay for before the cruise starts cannot be offset with OBC. could I therefore change to first or second seating before final pay date , not prepay the gratuities and then on the ship change to MTD and ask that the gratuities be paid by my OBC Edited June 27, 2013 by badatz Link to comment Share on other sites More sharing options...
138east Posted June 27, 2013 #14 Share Posted June 27, 2013 (edited) I have done that. I usually do regular dining, but sometimes I cruise with folks who do MTD. I always plan to be among the first folks on the ship and I head right to the MTD folks to swap. The gratuities get charged to my on board account and are offset by the OBC. The stockholder benefit works best for folks who book insides and OV's. Yes, you can buy next cruise certificates and hold them and you can hope for coupon, but the reality is that you can always get the stockholder benefit if you're not using the balcony discount. I'm cruising quite a bit this year and will get $700, which will cover my tips. For a 14+ day cruise you get $250. Edited June 27, 2013 by 138east Link to comment Share on other sites More sharing options...
Ba' Datz Posted June 27, 2013 #15 Share Posted June 27, 2013 I have done that. I usually do regular dining, but sometimes I cruise with folks who do MTD. I always plan to be among the first folks on the ship and I head right to the MTD folks to swap. The gratuities get charged to my on board account and are offset by the OBC. sounds like a plan Link to comment Share on other sites More sharing options...
Clarea Posted June 27, 2013 #16 Share Posted June 27, 2013 could I therefore change to first or second seating before final pay date , not prepay the gratuities and then on the ship change to MTD and ask that the gratuities be paid by my OBC Yes, you can do that, though there's a slight chance that MTD would be full. Link to comment Share on other sites More sharing options...
Rare orville99 Posted June 27, 2013 #17 Share Posted June 27, 2013 Stock for OBC:rolleyes: For the same amount of money to buy 100 shares, around 3500 with fee you could buy RCI's corporate debt paying 7% a year. That's around 210.00$ in interest you can use or combine any way you want any time you want. no paper work and nothing to submit. Buy enough, it can pay for a cruise every year, no brainer:D Good idea in theory, however the minimum purchase on RCL's 6.875% (12/1/13) bonds is $75,000 and the minimum purchase on their 7.25% (6/15/16) bonds is $30,000:eek: Link to comment Share on other sites More sharing options...
edjny Posted June 27, 2013 #18 Share Posted June 27, 2013 Good idea in theory, however the minimum purchase on RCL's 6.875% (12/1/13) bonds is $75,000 and the minimum purchase on their 7.25% (6/15/16) bonds is $30,000:eek: Well, the $30,000 bond purchase at 7.25% would pay you $2175 a year. Even after taxes, that would cover a good percentage of a week long cruise. Link to comment Share on other sites More sharing options...
Rare orville99 Posted June 27, 2013 #19 Share Posted June 27, 2013 Well, the $30,000 bond purchase at 7.25% would pay you $2175 a year. Even after taxes, that would cover a good percentage of a week long cruise. True, but if I had a spare $30,000 lying around, I probably wouldn't be agonizing too much over a $100 OBC;) Link to comment Share on other sites More sharing options...
suzyed Posted June 27, 2013 Author #20 Share Posted June 27, 2013 (edited) The Shareholder benefit is a nice little extra OBC. Now, if you purchased your cruise through a TA and they gave you OBC, could you also use the shareholder benefit? Also, if you have Royal Caribbean Visa card OBC purchased with points, can that also be used with the shareholder credit? I know the Carnival Corp. stock allows you to use it, but it sounds like, no, on Royal stock. BTW, does Royal Caribbean stock pay a dividend? Edited June 27, 2013 by suzyed Link to comment Share on other sites More sharing options...
spearmint Posted June 27, 2013 #21 Share Posted June 27, 2013 I am thinking of cashing in my shares. I made more than a 50% profit from when I bought them and was able to use the credits for a few years before RCCL/Celebrity disallowed combining benefits. Spread over 11 cruises, $3500 would give the equivalent of $300 OBC's with a couple of hundred to offset a wine bill on one cruise...:) Link to comment Share on other sites More sharing options...
Clarea Posted June 27, 2013 #22 Share Posted June 27, 2013 The Shareholder benefit is a nice little extra OBC. Now, if you purchased your cruise through a TA and they gave you OBC, could you also use the shareholder benefit? Yes.Also, if you have Royal Caribbean Visa card OBC purchased with points, can that also be used with the shareholder credit? Yes. I know the Carnival Corp. stock allows you to use it, but it sounds like, no, on Royal stock. BTW, does Royal Caribbean stock pay a dividend? Yes, they just started it up again a few quarters ago. See answers above in RED. Link to comment Share on other sites More sharing options...
Rare orville99 Posted June 27, 2013 #23 Share Posted June 27, 2013 (edited) Well, the $30,000 bond purchase at 7.25% would pay you $2175 a year. Even after taxes, that would cover a good percentage of a week long cruise. BTW, that's $30,000 in face value. The spot price is currently $111, so you'd have to invest $33,300 + brokerage fees, so you're probably looking at something more along the lines of $34,000. If you invested the same amount in RCL stock at today's opening price it would generate more than $125 every quarter in dividends. Since that bond matures in two years, you would have eight coupons left on it, giving you a total return of $4,350. If you subtract the 3,300 premium and the brokerage fees, you'd net approximately $500 on your investment, so you might just breakeven compared to the same investment in stock :( Edited June 27, 2013 by orville99 Link to comment Share on other sites More sharing options...
setsail Posted June 27, 2013 #24 Share Posted June 27, 2013 (edited) Good idea in theory, however the minimum purchase on RCL's 6.875% (12/1/13) bonds is $75,000 and the minimum purchase on their 7.25% (6/15/16) bonds is $30,000:eek: Its not a theory:D:cool: I think the last ones I saw on the secondary were due in 28 and I believe were selling for around 105. Of course they can be there 1 hour and gone the next. If you want them you have to have the money ready and a broker watching for you, but it just ain't that hard:) You certainly would not want 13 or 16 as a due date and paying a lot over par. They just floated a bunch I believe at the first of 12 and I think those are the ones due in 28. RCI is using that money to pay off/call the 13 and 16 bonds The broker rates for the bonds I buy are built in to the price so when you buy no other fees Edited June 27, 2013 by setsail Link to comment Share on other sites More sharing options...
cruisevv Posted April 27, 2015 #25 Share Posted April 27, 2015 Thanks for the helpful notes. I was really excited about this as I'm able to get great offers OBC 50% of the time and I was hoping to add this extra $100 on top but it seems that's not the case...why RCL WHY? :P Link to comment Share on other sites More sharing options...
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