CCL STOCK /BENEFITS

[brisalta]

59 minutes ago, The Mikado said:

I bought 100 this morning with a limit of 41.15. It was filled at 41.14. 

Thank you for the reminder.

I put a limit order in for 100 at 41.15 even though it was trading higher and it executed a little while ago.

[The Mikado]

Just a quick follow-up:

 

I printed a copy of my trade confirmation, wrote our cruise info on it, and faxed it in this afternoon. The credit is already on our booking. Sweet. 

[Esprit]

On 10/4/2019 at 12:24 AM, rkacruiser said:

Whatever one does, if you are a long term holder of the stock:  reinvest the Company's dividends!  As a long term investor, it makes a difference!!!  

Exactly. I've been doing that ever since my P&O Princess shares were converted to Carnival Corp stocks. When I decide to stop and take the dividends I 'll have a nice annual pension supplement and then gift the stocks to my kids when I can no longer coffin dodge! 

[Daniel A]

21 hours ago, brisalta said:

Thank you for the reminder.

I put a limit order in for 100 at 41.15 even though it was trading higher and it executed a little while ago.

It was down to $39.97 just before noon today...  Maybe I'd have done better 'investing' in Princess Casino...  I'm not sure there's much difference.

Edited October 8, 2019 by Daniel A

[rkacruiser]

On 10/8/2019 at 12:38 PM, Daniel A said:

It was down to $39.97 just before noon today...  Maybe I'd have done better 'investing' in Princess Casino...  I'm not sure there's much difference.

 

Today, CCL closed at $40.53.  $39.92 is the current 52 week low.  Maybe we should have both invested more $$ now.  Nobody's crystal ball is clear.  So many political uncertainties that are upsetting the economic outlook at this time.  Buy quality and hold with the re-investment of dividends has been my investment philosophy for 4 decades.  Thankfully, such a philosophy has worked for me.  Have I had some professional guidance?  Yes.  And, the fees that I have paid over the years have been, and are being, worth the money spent.  

[mcrcruiser]

42 minutes ago, rkacruiser said:

 

Today, CCL closed at $40.53.  $39.92 is the current 52 week low.  Maybe we should have both invested more $$ now.  Nobody's crystal ball is clear.  So many political uncertainties that are upsetting the economic outlook at this time.  Buy quality and hold with the re-investment of dividends has been my investment philosophy for 4 decades.  Thankfully, such a philosophy has worked for me.  Have I had some professional guidance?  Yes.  And, the fees that I have paid over the years have been, and are being, worth the money spent.  

You are correct  if you are younger than  mid  50s  . The market going forward will be volatile  until China trade agreements are formed  & other political  scenarios are settled  One needs at least a 10 year horizon to buy & hold  ;as the market will be up & down  ,to ride out those bumps  .Hopefully we do not experience stagflation 

 

 CCL stock might go lower because the dumping issues in Federal court are not concluded  .Both the CEO & Chairman must appear  in Miami Federal court this December .so far $60,000000  in fines have been imposed  .Time will tell all 

 

Edited October 9, 2019 by mcrcruiser

[Kingofcool1947]

On 10/5/2019 at 4:11 PM, drpack said:

 

Exactly the same ones I get. My last several cruises, I've gotten a check in the mail for unused portion of the military OBC.

 

Now if I can just find a way to get free gratuities.

 

Are you certain, Military OBC is refundable?

[drpack]

25 minutes ago, Kingofcool1947 said:

 

Are you certain, Military OBC is refundable?

 

While this doesn't come out and say it, you can see that the Military OBC doesn't show as not refundable.

 

I've gotten the entire Military OBC back in a check and a portion of one. Both of these were within the past 2 years.

 

[rkacruiser]

1 hour ago, mcrcruiser said:

CCL stock might go lower because the dumping issues in Federal court are not concluded  .Both the CEO & Chairman must appear  in Miami Federal court this December .so far $60,000000  in fines have been imposed  .Time will tell all 

 

 

No doubt.  But, at the end of the day:  CCL will survive.  And, I believe continue to prosperous.  Would I consider reducing my position in CCL because of this violation of proper environmental regulations?  No.  I would encourage those Officers that caused this to find different employment.

 

As a Boeing shareholder, I am experiencing similar stress with my holdings with the Company's 737 MAX issues.  Surely don't approve of what any CCL officials did with a "wink and nod" to any environmental issues, if they did.  What Boeing's Executives seemed to have done with their "wink and nod" with this plane seems much more serious.  

[The Mikado]

5 hours ago, drpack said:

 

While this doesn't come out and say it, you can see that the Military OBC doesn't show as not refundable.

 

I've gotten the entire Military OBC back in a check and a portion of one. Both of these were within the past 2 years.

Can it just be applied to a future cruise?

 

Not that I actually anticipate having any left over by end-of-cruise.

[The Mikado]

4 hours ago, rkacruiser said:

As a Boeing shareholder, I am experiencing similar stress with my holdings with the Company's 737 MAX issues.  Surely don't approve of what any CCL officials did with a "wink and nod" to any environmental issues, if they did.  What Boeing's Executives seemed to have done with their "wink and nod" with this plane seems much more serious.  

Not to get off-topic but I have type ratings in the Boeing 737, 757, and 767 and probably about 5,000+ hours in the 737 variants.

 

Both of these MAX crashes happened with third-world airlines where quality of training may or may not exist. It is well-known to "developed-world" crews that third-world aircrews rely extensively on the autopilot/automation because a lot of them do not understand how airplane systems are supposed to work and, in many cases, sadly, lack basic flying skills. In the extant case, there is a cut-off switch for the pitch trim that is designed to stop any runaway trim condition but it requires the crew to fly the airplane manually (hand-fly off the autopilot) AND run the proper abnormal checklist. These are things I trained on and was tested on many times throughout my 35+ year career.

 

Long, long ago, I trained pilots "ab initio" (basically from zero flight time) for a major middle-eastern airline. About 100% of the time, these student pilots' families were connected politically and their ability to actually fly an airplane was only a minor consideration.

 

Other than 7 years on the DC-10, my entire major airline flying career was spent in Boeing aircraft including the 727, 737, 747, 757, and 767. Boeing builds great airplanes but does not control the training or the fitness of the crews who fly them.

 

Off soapbox.

[geoherb]

6 hours ago, The Mikado said:

Can it just be applied to a future cruise?

 

Not that I actually anticipate having any left over by end-of-cruise.

 

No. Future cruise deposits are charged to your credit card and can't be charged to your on-board credit.

[ontheweb]

7 hours ago, The Mikado said:

Not to get off-topic but I have type ratings in the Boeing 737, 757, and 767 and probably about 5,000+ hours in the 737 variants.

 

Both of these MAX crashes happened with third-world airlines where quality of training may or may not exist. It is well-known to "developed-world" crews that third-world aircrews rely extensively on the autopilot/automation because a lot of them do not understand how airplane systems are supposed to work and, in many cases, sadly, lack basic flying skills. In the extant case, there is a cut-off switch for the pitch trim that is designed to stop any runaway trim condition but it requires the crew to fly the airplane manually (hand-fly off the autopilot) AND run the proper abnormal checklist. These are things I trained on and was tested on many times throughout my 35+ year career.

 

Long, long ago, I trained pilots "ab initio" (basically from zero flight time) for a major middle-eastern airline. About 100% of the time, these student pilots' families were connected politically and their ability to actually fly an airplane was only a minor consideration.

 

Other than 7 years on the DC-10, my entire major airline flying career was spent in Boeing aircraft including the 727, 737, 747, 757, and 767. Boeing builds great airplanes but does not control the training or the fitness of the crews who fly them.

 

Off soapbox.

Thank you, that was quite interesting.

 

Our nearest airport is Stewart in Newburgh, NY. A while back they seemed to turn a corner and had increased usage as Norwegian Airline came in with flights to Ireland and Scotland. But in addition to any other problems they had they were using that Boeing 737. They have now ceased using that airport, and it is once again in a downward spiral.

[hobbyfarmer2]

7 hours ago, The Mikado said:

Not to get off-topic but I have type ratings in the Boeing 737, 757, and 767 and probably about 5,000+ hours in the 737 variants.

 

Both of these MAX crashes happened with third-world airlines where quality of training may or may not exist. It is well-known to "developed-world" crews that third-world aircrews rely extensively on the autopilot/automation because a lot of them do not understand how airplane systems are supposed to work and, in many cases, sadly, lack basic flying skills. In the extant case, there is a cut-off switch for the pitch trim that is designed to stop any runaway trim condition but it requires the crew to fly the airplane manually (hand-fly off the autopilot) AND run the proper abnormal checklist. These are things I trained on and was tested on many times throughout my 35+ year career.

 

Long, long ago, I trained pilots "ab initio" (basically from zero flight time) for a major middle-eastern airline. About 100% of the time, these student pilots' families were connected politically and their ability to actually fly an airplane was only a minor consideration.

 

Other than 7 years on the DC-10, my entire major airline flying career was spent in Boeing aircraft including the 727, 737, 747, 757, and 767. Boeing builds great airplanes but does not control the training or the fitness of the crews who fly them.

 

Off soapbox.

You quote the past and criticize current reality.  The fact is that Boeing engineering on the Max was not up to the stds it had in the past.  The engineering shortfalls and errors on mitigating the relocation of the larger size engines are well documented so I won't go into them here.   The plane will be grounded for at least 9 months fixing the real problems.  Boeing screwed up bigtime and will pay out huge fines and lawsuits on this tragic fiasco.

[Daniel A]

40 minutes ago, ontheweb said:

Thank you, that was quite interesting.

 

Our nearest airport is Stewart in Newburgh, NY. A while back they seemed to turn a corner and had increased usage as Norwegian Airline came in with flights to Ireland and Scotland. But in addition to any other problems they had they were using that Boeing 737. They have now ceased using that airport, and it is once again in a downward spiral.

As I understand it, the Port Authority took over Stewart as a means to relieve pressure on LaGuardia (both air and PAX traffic congestion.)  I heard that PANYNJ isn't making a total commitment to Stewart, thus they are 'renting' State Troopers rather than using Port Authority Police there.  (That would require hiring and training additional officers to staff that airport.)  For me, SWF would be easier to use than LGA but I don't use it as flights are too long (few non-stops if any) and the cost is much more than flights out of LGA.

[The Mikado]

3 hours ago, geoherb said:

 

No. Future cruise deposits are charged to your credit card and can't be charged to your on-board credit.

I was referring to military OBC. Rather than a refund check, I’d prefer just crediting it to our next cruise. 

[The Mikado]

1 hour ago, hobbyfarmer2 said:

You quote the past and criticize current reality.  The fact is that Boeing engineering on the Max was not up to the stds it had in the past.  The engineering shortfalls and errors on mitigating the relocation of the larger size engines are well documented so I won't go into them here.   The plane will be grounded for at least 9 months fixing the real problems.  Boeing screwed up bigtime and will pay out huge fines and lawsuits on this tragic fiasco.

The current reality is that third-world flight crew training and standards, not to mention maintenance, is still not what it is here. Regardless of any “engineering shortfalls”, both of those airplanes were flyable. They were a handful but they were flyable by a competent crew with adequate systems knowledge and the ability to identify and apply the proper abnormal checklist. 
 

I presume you’re an aeronautical engineer with a full understanding of the systems involved in these crashes and, thus, qualified to judge Boeing’s competence?

 

Or maybe you read it on the internet. 

[The Mikado]

2 hours ago, ontheweb said:

Thank you, that was quite interesting.

 

Our nearest airport is Stewart in Newburgh, NY. A while back they seemed to turn a corner and had increased usage as Norwegian Airline came in with flights to Ireland and Scotland. But in addition to any other problems they had they were using that Boeing 737. They have now ceased using that airport, and it is once again in a downward spiral.

I love the area around Newburgh. I diverted there many times!

[Daniel A]

10 minutes ago, The Mikado said:

I love the area around Newburgh. I diverted there many times!

Stewart is where the Iranian Hostages first stepped onto US soil after their release in 1981.  I believe there is a famous picture of one of the hostages kissing the tarmac there.

[ontheweb]

2 hours ago, Daniel A said:

As I understand it, the Port Authority took over Stewart as a means to relieve pressure on LaGuardia (both air and PAX traffic congestion.)  I heard that PANYNJ isn't making a total commitment to Stewart, thus they are 'renting' State Troopers rather than using Port Authority Police there.  (That would require hiring and training additional officers to staff that airport.)  For me, SWF would be easier to use than LGA but I don't use it as flights are too long (few non-stops if any) and the cost is much more than flights out of LGA.

Yes, that is the conundrum. People won't fly from there because it costs more and there are fewer non-stop flights. But to be able to have more flights at reasonable prices you need to have people willing to fly from there.

[ontheweb]

45 minutes ago, The Mikado said:

I love the area around Newburgh. I diverted there many times!

We go by that airport on almost a weekly basis as there is a skating rink very close by and DW loves her figure skating.

[Daniel A]

6 minutes ago, ontheweb said:

Yes, that is the conundrum. People won't fly from there because it costs more and there are fewer non-stop flights. But to be able to have more flights at reasonable prices you need to have people willing to fly from there.

Here's a double conundrum - To have people willing to fly from there they need to have more flights at reasonable prices.  (If you build it, they will come.)

[ontheweb]

12 minutes ago, Daniel A said:

Here's a double conundrum - To have people willing to fly from there they need to have more flights at reasonable prices.  (If you build it, they will come.)

And to at least some extent that is what happened with Norwegian Air's flights to Dublin and Edinburgh, but then the fact that it was a small airline using the Boeing 737s without backup planes just destroyed their business model.

[hobbyfarmer2]

1 hour ago, The Mikado said:

The current reality is that third-world flight crew training and standards, not to mention maintenance, is still not what it is here. Regardless of any “engineering shortfalls”, both of those airplanes were flyable. They were a handful but they were flyable by a competent crew with adequate systems knowledge and the ability to identify and apply the proper abnormal checklist. 
 

I presume you’re an aeronautical engineer with a full understanding of the systems involved in these crashes and, thus, qualified to judge Boeing’s competence?

 

Or maybe you read it on the internet. 

An interesting response.  No, I am not an aeronautical engineer but many at the FAA and other national aero regulatory agencies are.  They all grounded the Max without exception and have mandated several serious changes, all without having to slag foreign pilots in public.

 

I will yield to what I believe is their superior knowledge and opinion.

[The Mikado]

7 minutes ago, hobbyfarmer2 said:

An interesting response.  No, I am not an aeronautical engineer but many at the FAA and other national aero regulatory agencies are.  They all grounded the Max without exception and have mandated several serious changes, all without having to slag foreign pilots in public.

 

I will yield to what I believe is their superior knowledge and opinion.

I flew at the major airline level for almost 35 years. I would NEVER allow my family to fly on a third-world airline based on my observations and DIRECT, FIRST HAND experience actually TRAINING pilots from one of these airlines. 
 

While the MAX needed to be grounded, it was grounded primarily due to perceived public outcry as ginned up by a hostile press who would rather place all of the blame on a big, evil corporation rather than on the crappy training and standards of the aircraft operators in question. 
 

You can pretend that I’m “slagging” these poor pilots because I’m xenophobic or whatever you’re trying to imply, but the fact remains that, like many things, when reality meets the fantasy you wish was true, reality wins every time.