Shareholder Benefit

[57eric]

I'm thinking about buying CCL and have a couple of questions.  The current benefit is only valid for cruises booked by the end of this week.  I know this benefit has been around for years, but when might I expect an announcement that it has been renewed?  Also, it is not applicable to "reduced-rate" bookings.  Can I assume this means things like interline rates vs. promotions or sales?

 

Thanks for any help with this.

[bluemarble]

In the past, I've found the extension of the Shareholder Benefit announced in the Carnival Corporation & plc Annual Reports that can be found on this page.

 

https://www.carnivalcorp.com/financial-information/annual-reporting

 

The dates of these reports have been mostly the first week of March. Of course there is no guarantee that the benefit will be extended to 2021. But I would expect to see the 2019 annual report announcing extension of the shareholder benefit within a couple weeks.

 

I have never had an issue getting the shareholder benefit in the past on promotional fares available to the general public including "Sailing Soon Savings" rates.

Edited February 24, 2020 by bluemarble

[thinfool]

You are spot on about interline rates.  But 'sale' rates available to the public still qualify for the SOBC.  I have read conflicting reports about sailing on Casino rates....but I don't use the Casino so am not affected.

As for renewal...this promotion has gone on for upwards of 20 years (in my experience...probly longer).  Never suspended or chiseled down.  It still was in effect back around '08 when CCL was selling in the $10. range.  I do not expect a change anytime soon, or ever.

[57eric]

Thanks for the responses.  Time to join the club!

[bluemarble]

The Carnival 2019 annual report has been posted announcing extension of the shareholder benefit for sailings through July 31, 2021.

[frankp01]

On 2/24/2020 at 12:24 PM, 57eric said:

Time to join the club!

Especially now, while the stock price is about 1/2 of what it had been recently.

[Underwatr]

I'm not sure we're at the "buy" point yet...

[Chelsea1]

I think you were certainly right there!

[morrfran]

I'm also on that QM2 holiday trip. Here's hoping things have settled enough to celebrate. I did that trip in December '18. I booked this when I cancelled HK>Cape Town in February.

[navybankerteacher]

On 2/26/2020 at 11:26 AM, frankp01 said:

Especially now, while the stock price is about 1/2 of what it had been recently.

And, of course, possibly infinitely above what it might be in a few months.

 

 Anyone who buys equity securities with a firm belief that they can only increase in value needs some input from his daddy.

[oskidunker]

Wait until it goes below 10

[Bigmike911]

On 3/13/2020 at 7:12 PM, oskidunker said:

Wait until it goes below 10

You might just be waiting a long time Oksi.

[MCC retired]

On 3/13/2020 at 8:12 PM, oskidunker said:

Wait until it goes below 10

 

Your wait is over , now $9 something today.

[oskidunker]

Just bought 100 Shares. 

[oskidunker]

On 3/14/2020 at 5:47 PM, Bigmike911 said:

You might just be waiting a long time Oksi.

5 days. 

[Alanxx]

One year ago today Carnival shares on the UK market were £41.85...…..at this moment they are £6.73

[majortom10]

Even at the low price they are at the moment it is a brave person who risks their money in buying shares. Can see the possibility of Carnival going under completely and shares being worthless.

[resistk]

A few days ago I would have snapped them up at $10, not so sure now.

Edited March 18, 2020 by resistk

[Chelsea1]

I bought 1000 shares today at £6.16, USD equivalent $7.60

[majortom10]

1 hour ago, Chelsea1 said:

I bought 1000 shares today at £6.16, USD equivalent $7.60

Brave man hope you are lucky.

[Trevor33]

Do you consider that the share price has reached the bottom price yet. Is it worth buying some shares now?

[majortom10]

14 minutes ago, Trevor33 said:

Do you consider that the share price has reached the bottom price yet. Is it worth buying some shares now?

Who knows it would take a brave man to buy shares in current situation because Carnival are far from out of the woods and the longer cruising is suspended the greater the chance that Carnival could go bump and lose everything.

[Trevor33]

what do you think the percentage chances are of that?

[majortom10]

Sorry but above my knowledge and in present times anything can happen. But if cruise lines are suspended from service for a longer period say into 2021 and the control of coronavirus takes longer then there is every chance that some cruise companies will go to the wall.

Edited April 6, 2020 by majortom10

[Chelsea1]

Well based on today's price I have made approx 48% return in 3 business days. That said it is very early days yet. I bought the shares as a long term investment and do hope to benefit from the shareholder on board credit in the future.