CCL stock today (June 5, 2018)

[DaveOKC]

Morgan Stanley downgraded today and it likely will drop to just above $60 this morning.

 

If you were thinking of buying it for the great shareholder credit deal they offer on cruises, you may want to take a look now as it likely will be at a 52 week low. I am not giving advice on whether or not to buy it, but just offering a "heads up" for those who are considering it. At $60, the dividend yield would be over 3.3 percent.

[Aruba]

Down 4% at the open...

[ontheweb]

Well, that's not good.

 

OTOH, It was in the mid 30s when I bought it, and I just had confirmed last week that our $100 credit on our Boston to Montreal HAL cruise was accepted. And the dividend was $25 then; I believe it is $50 now.

[danacline]

Noticed that RCL is also down, almost $5/share. Did Morgan downgrade them too?

[Gail & Marty sailing away]

Good time to buy if you haven't yet

 

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[cobalt206]

Just bought 100 shares and will gladly take the 3% dividend and the $100 credit for our Oosterdam cruise this September. Thanks for the heads up!

[RDC1]

Cruise line profits have benefited strongly from the low oil prices. Just like the airlines, the cruise lines are seeing their fuel prices increase. The strong dollar, as well as some concerns about excess capacity is bound to have some impact.

 

This is bound to impact all 3 of the main holding companies.

[rkacruiser]

Thanks for the information. I am going to request some information from my Morgan Stanley broker for information about their reasons for the downgrade.

[SLOTheta]

We bought at $47 in 2016 for our first HAL cruise. At the time we thought it was high, but we wanted the OBC. It’s worked out so far.

 

 

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[Krazy Kruizers]

Gee -- so glad we bought our stock many, many years ago when it was around $12 a share.

[Aruba]

Gee -- so glad we bought our stock many, many years ago when it was around $12 a share.

Lucky you -- I bought at $21 a share. That stock has paid for itself with the on-board credits over the years.

[igraf]

How often can a stock holder take the OBC benefit? Just once or every cruise?

 

igraf

[ontheweb]

How often can a stock holder take the OBC benefit? Just once or every cruise?

 

igraf

 

It is good for every cruise.

[DaveOKC]

How often can a stock holder take the OBC benefit? Just once or every cruise?

 

igraf

 

Every cruise, but only one per cabin.

[winddawn]

CNBC article:

 

https://www.cnbc.com/2018/06/05/cruise-ship-stocks-are-the-worst-performers-in-sp-500.html

[danacline]

Well, at least they're all headed back up this morning. Slowly, but at least the right direction. Any idea if Disney shareholders get a similar benefit on Disney ships? Sadly I only own 10 shares of Disney, may need to get more before we ever take a Disney cruise (probably 5 years down the road when 1-week old grandson is old enough).

[drowelf]

Lucky you -- I bought at $21 a share. That stock has paid for itself with the on-board credits over the years.

 

Ditto, here on the payback. As well as a decent investment, the OBC is nice too. We own both CCL and RCL so we can take advantage of the OBC Credit for most major lines.

 

I originally bought both over a decade ago when both were very cheap, but have also sold and bought on the peak and valleys over the years. And since you only have to hold the stock within 6 months of your cruise, we have never missed out as yet. Another bonus for us, is that we hold them in our IRA-SEP Brokerage Accounts, so we don't have to deal with any of the taxes (at least not yet). Thats makes buying and selling a little easier too.

[drowelf]

Every cruise, but only one per cabin.

.

 

We have ours in (CCL & RCL) in my DW account. That way when she goes on her girl cruises she can get the OBC.

[Gail & Marty sailing away]

How often can a stock holder take the OBC benefit? Just once or every cruise?

 

igraf

Every Cruise . every booking ,we are doing 96 days on the Prinsedam = 4 booking's

[sfaaa]

Hopefully, this will translates to cruise discounts in order to boost sales and bottomline.

[sammiedawg]

Hopefully, this will translates to cruise discounts in order to boost sales and bottomline.

 

Actually it is all the discounts needed to fill ships that degraded the experience on mainstream cruise lines. You get what you pay for.

[kwb101]

We're going to grab the 100 shares tomorrow, but have a question: what will HAL accept as proof of ownership? My wife checked with her financial guy/broker, who said he didn't know how to get her an actual certficate, and asked if a photocopy of a statement showing the 100 shares would be sufficient.

Has anyone else had this problem (if it is a problem)? Thanks.

[DaveOKC]

We're going to grab the 100 shares tomorrow, but have a question: what will HAL accept as proof of ownership? My wife checked with her financial guy/broker, who said he didn't know how to get her an actual certficate, and asked if a photocopy of a statement showing the 100 shares would be sufficient.

Has anyone else had this problem (if it is a problem)? Thanks.

 

That should work. I have had my shares for awhile, so I send HAL a copy of my monthly stock statement, just the page that shows my CCL shares. I also white out the account number.

 

You need to fax this to HAL's department that handles it, but I just send it to my HAL agent who does it for me. I think other TAs can do it as well.

 

Use this if you need to:

 

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. Employees, travel agentscruising at travel agent rates, tour conductors or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer. Thisbenefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboardaccount. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2019.

 

Please provide by fax or by mail your complete legal name, reservation number, ship and sailing date, along with proof of ownership ofCarnival Corporation or Carnival plc shares (for example, photocopy of shareholder proxy card, a dividend tax voucher or a current brokerageor nominee statement with your brokerage account number blacked out) no later than 3 weeks prior to your sail date to your travel agent or tothe cruise line you have selected below.

 

NORTH AMERICA BRANDSCARNIVAL CRUISE LINE*Guest Administration3655 N.W. 87th AvenueMiami, FL 33178Tel 800 438 6744 ext. 70450Fax 305 406 6102

PRINCESS CRUISES*Booking Support24303 Town Center Drive, Suite 200Santa Clarita, CA 91355Tel 800 872 6779 ext. 30317Fax 661 753 0180

HOLLAND AMERICA LINEWorld Cruise Reservations450 Third Ave. W.Seattle, WA 98119Tel 800 522 3399Fax 206 270 608

[kwb101]

Thanks, DaveOKC: I didn't do my homework and re-check the fine print. I appreciate it!

[iceman93]

Well, at least they're all headed back up this morning. Slowly, but at least the right direction. Any idea if Disney shareholders get a similar benefit on Disney ships? Sadly I only own 10 shares of Disney, may need to get more before we ever take a Disney cruise (probably 5 years down the road when 1-week old grandson is old enough).

 

No DIS shareholder benefit on cruises, at the parks, or anywhere else.