Stokeset Posted December 3, 2015 #1 Share Posted December 3, 2015 About 3 weeks ago, I set up an investment account through my bank (BOA) with Merrill Lynch. I watched Carnival stock for a while to see if there were any kind of trends, and on 11/22, I transferred money from my bank savings into my investment account. I had to wait 24 hours to verify the transfer, and on 11/24 I purchased 100 shares of Carnival stock (CCL). The next day I was able to print a receipt of purchase. Due to the Thanksgiving holidays, I was unable to fax the verification of purchase to both Princess and Carnival for our 2016 cruises until 12/1. Went on-line this morning (12/3), and (WOW!) we already have the on-board credit with Princess for our upcoming cruise in 58 days. Was that fast or what!!!??? I was expecting it to take weeks, and I had it in less than 48 hours. The only regret: just wished I had done it YEARS ago! It only cost me $6.95 for the purchase and about 20 minutes of my time to set up the online investment account. Now if I can just figure out how to weed through Carnival’s website to see if our other credit has been applied…… Hope this may help someone who's been on the fence. And it's great to be booked with Princess again-looking forward to spending time on Coral. Link to comment Share on other sites More sharing options...
pompeii Posted December 3, 2015 #2 Share Posted December 3, 2015 Thanks for the info. I, too, regret not buying it a couple of years ago when I started cruising with Princess. I've missed out on a lot of OBC but I guess better late than never. I've pulled out my investment information and am planning to "convert" some of it into CCL. I'm hoping it will be easy! Link to comment Share on other sites More sharing options...
flamomo Posted December 3, 2015 #3 Share Posted December 3, 2015 I was fortunate to have purchased 100 shares of CCL back when the price was around $27/share. In the intervening years, I have made back my initial investment, and have been in the "gravy" phase the past few years. Love it!! Link to comment Share on other sites More sharing options...
paul929207 Posted December 3, 2015 #4 Share Posted December 3, 2015 Flamomo, We must have bought about the same time. I paid $26 & change per share. It has been a fantastic purchase. Obviously the amount of OBC will depend on the frequency and length of cruises, but we have gotten more than double our purchase price in OBC. Link to comment Share on other sites More sharing options...
johnmik1 Posted December 3, 2015 #5 Share Posted December 3, 2015 I bought at $19 and have received over $3000 in OBC. Link to comment Share on other sites More sharing options...
caribsun Posted December 3, 2015 #6 Share Posted December 3, 2015 With Carnival it will take a little longer to receive a email confirmation of your stock credit. Link to comment Share on other sites More sharing options...
RocketMan275 Posted December 3, 2015 #7 Share Posted December 3, 2015 I also bought CCL. I did this in 2013 paying something like $38/share. I wouldn't recommend this stock as a long term hold since travel related stocks such as CCL can fluctuate widely. I just want to mention one other thing. Currently, the stock pays 30 cents a share dividend each quarter. That adds to $120 per year meaning you may get more from the dividend that the OBC depending upon your cruising habits. We cruise twice a year for $200 OBC plus $130 dividend, total $330. That's an annual profit (disregarding captial gains) of 8.7% which isn't bad at all. Link to comment Share on other sites More sharing options...
MCC retired Posted December 3, 2015 #8 Share Posted December 3, 2015 (edited) I bought CCL stock when it was first publicly traded years ago . I think I recall about $14 a share or less. It since split twice after a few years and I sold it for $36 a share . Dove back in years latter for $33 a share and still have those shares. With the Shareholder Benefit, Capital Gains and Dividends , it has been one of my best investments ever . :) Edited December 3, 2015 by MCC retired Link to comment Share on other sites More sharing options...
pompeii Posted December 3, 2015 #9 Share Posted December 3, 2015 Is there a page on the Princess website that shows how much OBC you can get? Does anyone have the link? Link to comment Share on other sites More sharing options...
DebJ14 Posted December 3, 2015 #10 Share Posted December 3, 2015 I have been buying and selling it over the years, always turning a profit. Once we know we are cruising Princess, Carnival or HAL, I buy it back and hold it until after the cruise. I have done well between the profits, the dividends (I don't ever sell until the next X dividend date) and the $3500 in OBC that I have received. I am anxiously awaiting my November Fidelity statement so that I can fax it to Princess. My experience with Princess, Carnival and HAL is that the OBC is applied quite quickly. They do take care of their shareholders! Link to comment Share on other sites More sharing options...
DebJ14 Posted December 3, 2015 #11 Share Posted December 3, 2015 (edited) Is there a page on the Princess website that shows how much OBC you can get? Does anyone have the link? The shareholder benefit is outlined on the Carnival Corp website. Hopefully, this link will work It is a pdf file http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9Mjc0MjIzfENoaWxkSUQ9LTF8VHlwZT0z&t=1 Edited December 3, 2015 by DebJ14 Link to comment Share on other sites More sharing options...
fishywood Posted December 3, 2015 #12 Share Posted December 3, 2015 Is there a page on the Princess website that shows how much OBC you can get? Does anyone have the link? Shareholder benefit information is found on Carnival's corporate website: http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit (you have to save the PDF document to open it) Link to comment Share on other sites More sharing options...
Thrak Posted December 3, 2015 #13 Share Posted December 3, 2015 (edited) Is there a page on the Princess website that shows how much OBC you can get? Does anyone have the link? OBC from CCL Stock Sailings of 6 days or less $50 Sailings of 7 - 13 days $100 Sailings of 14 days or longer $250 Edited December 3, 2015 by Thrak Link to comment Share on other sites More sharing options...
Redwing55 Posted December 5, 2015 #14 Share Posted December 5, 2015 OP- Nice post. So many are afraid of buying a stock. Hope this alleviates those fears. On a bit of related note, I wonder if a split is coming sometime. I wonder if it is consistently in the 60's if the board will authorize a split- still a ways to go though. Link to comment Share on other sites More sharing options...
Times Prince Posted December 5, 2015 #15 Share Posted December 5, 2015 (edited) I also bought CCL. I did this in 2013 paying something like $38/share. I wouldn't recommend this stock as a long term hold since travel related stocks such as CCL can fluctuate widely. That's the same advice and recommendation we received from our investment banker back when I initially wanted to buy CCL stock @ $25/share. The couple of months delay until I said "I don't care" raised the purchase price to $28 or so. Our investment banker has since apologized to us. :D Notwithstanding the OBC we've gotten, CCL had the best individual stock performance in our portfolio. :) Add in OBC with 1-2 cruises a year, and it is a total winner Every time we meet with him we tell him how much shareholder's benefit OBC we've gotten this year. At our last meeting he said he is going to buy some for himself and his wife - with some cruises in the future. :D Edited December 5, 2015 by Times Prince Link to comment Share on other sites More sharing options...
Colo Cruiser Posted December 5, 2015 #16 Share Posted December 5, 2015 Its a great benefit of the stock. :) Link to comment Share on other sites More sharing options...
Stokeset Posted December 5, 2015 Author #17 Share Posted December 5, 2015 Hello, and thanks everyone for your responses. Just to let you know about another small surprise. I had requested in my fax to Princess and Carnival to please contact me by email with any questions. Two days after my initial post, I received the following email from Carnival, and I must say I am very happy with their immediate reply and in the information they supplied. Keep in mind that our Carnival cruise isn't until November, 2106. "Thank you for submitting your shareholder brokerage statement. However, the shareholder benefits are currently only applicable to sailings through July 31, 2016. In order to apply your onboard credit on your reservation, you will need to submit a current statement after March 2016 when the new shareholder benefits are released. Please fax or mail a current statement after that date to fax 305-406-6477 or mail to Carnival Cruise Lines Attn: Guest Administration 3655 N.W. 87th Avenue Miami, FL 33178" Happy sailings! Liz Link to comment Share on other sites More sharing options...
Colo Cruiser Posted December 5, 2015 #18 Share Posted December 5, 2015 Thanks for the info. :) Link to comment Share on other sites More sharing options...
denatravels Posted December 5, 2015 #19 Share Posted December 5, 2015 Hello, and thanks everyone for your responses. Just to let you know about another small surprise. I had requested in my fax to Princess and Carnival to please contact me by email with any questions. Two days after my initial post, I received the following email from Carnival, and I must say I am very happy with their immediate reply and in the information they supplied. Keep in mind that our Carnival cruise isn't until November, 2106. "Thank you for submitting your shareholder brokerage statement. However, the shareholder benefits are currently only applicable to sailings through July 31, 2016. In order to apply your onboard credit on your reservation, you will need to submit a current statement after March 2016 when the new shareholder benefits are released. Please fax or mail a current statement after that date to fax 305-406-6477 or mail to Carnival Cruise Lines Attn: Guest Administration 3655 N.W. 87th Avenue Miami, FL 33178" Happy sailings! Liz Interesting.. I have a princess cruise July 23 and a HAL cruise August 1. I was under the impression that it had to be within 90 days of sailing (which March wouldn't be for your November cruise). Wondering if I can do princess now? Link to comment Share on other sites More sharing options...
LoveThisCruisingThing Posted December 5, 2015 #20 Share Posted December 5, 2015 (edited) CCL has been one of my better buys. Since I bought it, it is now worth 3x what I paid. And to think my de scoffed at me when I bought it. :) My credit was posted within 24 hours. Very nice. Edited December 5, 2015 by LoveThisCruisingThing Link to comment Share on other sites More sharing options...
rubytue Posted December 5, 2015 #21 Share Posted December 5, 2015 I picked up both RCL and CCL for a song back in 2008. $17 and $23, respectively. RCL is now in the $90 range, and we've never managed to go on one of their cruises, but it's a great performer :) I just keep them both on my Roth IRA account and let the dividends reinvest for my retirement, then enjoy the OBC when I cruise. We also recently added NCLH to H's retirement account, so we have that available when needed. I'm conflicted out of many investment sectors due to my job, so I don't have many individual stocks. I am glad I found this sector for some of my fun investment money. Link to comment Share on other sites More sharing options...
Rare dickinson Posted December 5, 2015 #22 Share Posted December 5, 2015 Interesting.. I have a princess cruise July 23 and a HAL cruise August 1. I was under the impression that it had to be within 90 days of sailing (which March wouldn't be for your November cruise). Wondering if I can do princess now? Yes, it has to be within 90 days of your cruise. Link to comment Share on other sites More sharing options...
Craigster-diver Posted December 5, 2015 #23 Share Posted December 5, 2015 Just pointing out that the OBC is per shareholder occupied cabin, not per shareholder. Link to comment Share on other sites More sharing options...
pjrockman Posted December 6, 2015 #24 Share Posted December 6, 2015 Love the stock and customer service. My best time was last month: faxed at 4:13 p.m. EST, OBC in my online account at 4:26 p.m. EST same day. 13 minutes. Thanks, Princess! Paul Link to comment Share on other sites More sharing options...
satxdiver Posted December 6, 2015 #25 Share Posted December 6, 2015 I bought the stock right after the stock market crash in 2008 at a very attractive price. The OBC and dividends have more than paid me back for the purchase price. I also have RCCL stock but they will not let you stack OBC. It is one or the other but not both etc. Nice that Princess lets us stack the OBC. I recently faxed my stock holding for our upcoming cruise and Princess posted it the next business day. We are going to get a lot of OBC the coming year. It is a win - win situation. Link to comment Share on other sites More sharing options...
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