Carnival Stock

[mcrcruiser]

Carnival Stock is  moving in the right direction after that dismal quarterly report  . Because we have to wait until after April 2020 to apply for our stock OBC ($250) for our 18 night Hawaii cruise  Nov 3 ,2020 on Koningsdam ,  hoping that the Carnival Board of Directors authorizes  the stock benefit  once again . We understand that  the stock benefits are authorized by the board once a year 

[mcrcruiser]

So far ,year after year the Board of Directors has authorized the stock benefit for on board credits  .We pnly hope that they continue to authorize  it👍

[ontheweb]

There is absolutely no reason for them not to authorize it. The benefit works for the stockholders and works for the company as it incentivizes stockholders to pick a cruise from one of the lines owned by the Carnival corporation.

[cowmilker]

I just bit the bullet and bought 100 shares the other day. I'd been watching and waiting and figured that it was as low as it was likely to go (which means the bottom will almost certainly fall out, because I am not a soothsayer).

With as many cruises as we have booked at present and looking at the several we want to book for later on, and factoring in the dividend, it just seemed like a no-brainer.

Our broker didn't like the idea, but after discussing it with him, I just went ahead and did it myself and didn't ask anymore.  LOL

[boze9999]

Our Broker said the same thing. However, many pundits keep CCL in their top rated dividend paying stocks. And with the exception of the trio of 2nd quarter storms (Cuba, turmoil in the Med and oil), the growth has been very good. If you cruise a lot of individual CCL cruises, CCL is indeed a wise choice. Right now, we have been paid back far more than we purchased it for! In fact now is a good time to buy since the value is much lower than it's high!

 

[DaveOKC]

7 hours ago, boze9999 said:

Our Broker said the same thing. However, many pundits keep CCL in their top rated dividend paying stocks. And with the exception of the trio of 2nd quarter storms (Cuba, turmoil in the Med and oil), the growth has been very good. If you cruise a lot of individual CCL cruises, CCL is indeed a wise choice. Right now, we have been paid back far more than we purchased it for! In fact now is a good time to buy since the value is much lower than it's high!

 

CCL stock is down now and IMO (for the little that is worth) is a good time to buy.  You get a good dividend and the stockholder benefit, plus IMO it is in a growing market sector (older people cruise more).  I bought my 100 shares 7 years ago for around $30/share and over that time have almost enough in SB and dividends to pay for it.  My upcoming 14 day cruise will provide me with $250 in OBC alone (total of $700 for us this year!).

[TriumphGuy]

10 hours ago, cowmilker said:

I just bit the bullet and bought 100 shares the other day. I'd been watching and waiting and figured that it was as low as it was likely to go (which means the bottom will almost certainly fall out, because I am not a soothsayer).

With as many cruises as we have booked at present and looking at the several we want to book for later on, and factoring in the dividend, it just seemed like a no-brainer.

Our broker didn't like the idea, but after discussing it with him, I just went ahead and did it myself and didn't ask anymore.  LOL

Your broker probably doesn't like it because he doesn't make much money on a 100 share trade. But you reap the benefit of up to $250 OBC, for every cruise you take. Have to add that into your ROI. 

[cowmilker]

Just now, TriumphGuy said:

Your broker probably doesn't like it because he doesn't make much money on a 100 share trade. But you reap the benefit of up to $250 OBC, for every cruise you take. Have to add that into your ROI. 

 

Nah, he wasn't enthused because Schwab has CCL listed as a hold, not a buy. But lots of other sources list it as a buy and even a strong buy.  With our potential in dividend and OBC income, the stock value has a long way to dip before we're hurt at all - and I just don't see that happening in the near future.

In addition, we have most of our investments in managed accounts and can't just buy whatever we want using them. I bought the shares in a separate account.  I managed all our investment stuff for many years, but we finally succumbed to managed accounts because I tend to obsess and life is too short for that.

[DaveOKC]

6 minutes ago, cowmilker said:

 

Nah, he wasn't enthused because Schwab has CCL listed as a hold, not a buy. But lots of other sources list it as a buy and even a strong buy.  With our potential in dividend and OBC income, the stock value has a long way to dip before we're hurt at all - and I just don't see that happening in the near future.

In addition, we have most of our investments in managed accounts and can't just buy whatever we want using them. I bought the shares in a separate account.  I managed all our investment stuff for many years, but we finally succumbed to managed accounts because I tend to obsess and life is too short for that.

I know what you mean about obsessing over stocks and investments!  I find that by putting my money into SPY, the S&P Index basically, and utilities its alot less stress.

 

I am sure you are right about your broker - they like stocks that move alot, so you tend to buy and sell more often - good for them of course.

[Daisyloo]

Our finacial adviser is under strict orders to never sell our CCL stock.  We bought it about 6 years ago and between OBC and dividends we are close to recouping our initial expenditure.  And even though it's down from it's high, it's still selling for higher than we paid.  For us it has been a win win ! 

[I like vacation]

CCL almost at 52 week low today.  Down like the rest of the market.

 

 

[3rdGenCunarder]

On 7/30/2019 at 9:45 AM, Daisyloo said:

Our finacial adviser is under strict orders to never sell our CCL stock.  We bought it about 6 years ago and between OBC and dividends we are close to recouping our initial expenditure.  And even though it's down from it's high, it's still selling for higher than we paid.  For us it has been a win win ! 

 

Exactly. My financial adviser knows DO NOT TOUCH THE CARNIVAL STOCK!!! Over the years, between dividends and OBC, I've made back my original purchase cost. 

 

[wyobean]

When we approached our financial planner about CCL stock (5 yrs ago) he looked in it. I explained the OBC to him. He felt it was a good deal and nice addition to our portfolio. It is in my husband’s portfolio so last year I asked that 100 shares be purchased in my portfolio in case I wanted to take a girl’s trip and wanted to get the OBC. We have watched it grow and have gotten OBC every year since we purchased it. I am surprised that any FP would discourage this investment if they understood how much money you actually realize from this investment. 

[kazu]

3 hours ago, 3rdGenCunarder said:

 

Exactly. My financial adviser knows DO NOT TOUCH THE CARNIVAL STOCK!!! Over the years, between dividends and OBC, I've made back my original purchase cost. 

 

 

Ditto

 

And it's such a small proportion of my overall portfolio that it's irrelevant as to portfolio management. 🙂 

[twodjs]

How's this for an alternative...invest ZERO dollars in Carnival stock and simply move your HAL booking to the big box store for a much higher return! Typically 8 to 9% with no risk and no money tied up! Sorry, but I'm at a complete loss to understand how the stock offers a better deal than that. 

[kazu]

4 hours ago, twodjs said:

How's this for an alternative...invest ZERO dollars in Carnival stock and simply move your HAL booking to the big box store for a much higher return! Typically 8 to 9% with no risk and no money tied up! Sorry, but I'm at a complete loss to understand how the stock offers a better deal than that. 

 

No one said the stock is a better deal.  But it is a good deal.

 

You can get the OBC from your stock and the OBC from a TA, no problem and have the best of both worlds 😉 

[Underwatr]

7 hours ago, twodjs said:

How's this for an alternative...invest ZERO dollars in Carnival stock and simply move your HAL booking to the big box store for a much higher return! Typically 8 to 9% with no risk and no money tied up! Sorry, but I'm at a complete loss to understand how the stock offers a better deal than that. 

Or you could do both...

[wyobean]

We do both...our 31 day cruise coming up in April....we are getting $400+ from the big box and $250 from stock. We each got double OBC by booking while cruising... If we don’t spend it all the big box OBC will be refunded. Best of both worlds. 

[fusion927]

10 hours ago, twodjs said:

How's this for an alternative...invest ZERO dollars in Carnival stock and simply move your HAL booking to the big box store for a much higher return! Typically 8 to 9% with no risk and no money tied up! Sorry, but I'm at a complete loss to understand how the stock offers a better deal than that. 

 

Some of us do both, plus the casino discount (just the 10%-15% discount, not the free/greatly discounted cruises though).

 

Our CCL stock is still up 11% for us, plus a few thousand in OBD.  Best investment I ever made 🙂

 

[TomBeckCruise]

On 8/6/2019 at 1:07 AM, twodjs said:

How's this for an alternative...invest ZERO dollars in Carnival stock and simply move your HAL booking to the big box store for a much higher return! Typically 8 to 9% with no risk and no money tied up! Sorry, but I'm at a complete loss to understand how the stock offers a better deal than that. 

You can also book with a different TA and also get the CCL shareholder OBC.  I compared a big box store's price to other TAs for our next cruise, and big box was not the cheapest.

 

Can one book with a big box and also get the shareholder OBC?

[ivanidea]

Also consider the dividend payment.

 

Currently set at $2 per annum per share (50c each quarter), equates to over 4% return, much better than bank interest.

Edited August 7, 2019 by ivanidea

[Underwatr]

44 minutes ago, TomBeckCruise said:

Can one book with a big box and also get the shareholder OBC?

Of course!

 

And if you choose Princess or Cunard, you can get veteran/military OBC on top of the Canival shareholder OBC.

[wyobean]

Can one book with a big box and also get the shareholder OBC?

 

Yes, we always do. We normally book while cruising to get any benefits they offer and they automatically transfer it to our BB TA. We then get their OBC on top of what we already had. We then send in the proof of ownership on the stock. My BB TA then sends us a new confirmation showing all our OBC. We can make changes through them if needed. On our last cruise there was a significant price drop after final payment. I called and our TA negotiated an upgrade for us without losing any benefits. We find this TA works very well for us. 

[HokiePoq]

On 8/5/2019 at 12:57 PM, I like vacation said:

CCL almost at 52 week low today.  Down like the rest of the market.

 

 

Time for anything thinking of buying to buy!   We paid $35 per share several years ago and this is the lowest I've seen in a long time.   Getting ready to enjoy another $250 OBC on our upcoming cruise so I didn't consider selling even when it was high.   

[bennybear]

Buy the stock, get the dividend and the OBC.   Then use BB TA to get more refundable  OBC and later an additional 2% rebate.  AND Additional also from credit card.  

We used to wonder why others had so much OBC, now we have joined them and pay no more, and usually less.