amatuercruiser Posted November 17, 2021 Author #126 Share Posted November 17, 2021 5 hours ago, ollyoeno said: How many people do Carnival and their subsidiaries employ / support worldwide and what is their main theatre of operation? Would Washington allow it? I really hope no one goes broke. But the financial numbers will there own decision makers. Pan Am went broke, Kodak went broke. The USA government did not bail the cruise lines out two years ago as it argued they were not under any circumstances USA businesses, Especially in terms of where they pay tax. The reality is Carnival has increased its debt level of 3 years ago from 9 Billion dollars to approximately 28 Billion dollars and adding. If I am reading Yahoo finance correctly, Before the pandemic Carnival made 3 Billion profit a year. Simplistically this means it WILL TAKE 7 years in normal times to make enough profit to repay the huge increase in Covid indebtedness. This also means that the money that went to dividends will most likely go to debt repayment. Link to comment Share on other sites More sharing options...
ollyoeno Posted November 17, 2021 #127 Share Posted November 17, 2021 1 hour ago, amatuercruiser said: I really hope no one goes broke. But the financial numbers will there own decision makers. Pan Am went broke, Kodak went broke. The USA government did not bail the cruise lines out two years ago as it argued they were not under any circumstances USA businesses, Especially in terms of where they pay tax. The reality is Carnival has increased its debt level of 3 years ago from 9 Billion dollars to approximately 28 Billion dollars and adding. If I am reading Yahoo finance correctly, Before the pandemic Carnival made 3 Billion profit a year. Simplistically this means it WILL TAKE 7 years in normal times to make enough profit to repay the huge increase in Covid indebtedness. This also means that the money that went to dividends will most likely go to debt repayment. It's all about assets, cash burn and reserves. Remember CLIA lines are jointly at 80% capacity and were at 50% capacity in July 2021. Link to comment Share on other sites More sharing options...
Rare Stickman1990 Posted February 25, 2022 #128 Share Posted February 25, 2022 Could be an opportune time to look at the ROI on this option at the moment Whilst not the bargain prices of March 2020 the current unsettled climate has the big three’s share prices at relatively low prices If nothing else scan back a few pages and enjoy the arm chair experts forecasts… I’m looking at NCLH shares and for a US$1900 investment I’ll get back US$750 over three cruises in the next 18 months - not a bad ROI Of course as always there’s a risk of capital loss on the investment Link to comment Share on other sites More sharing options...
Rare MicCanberra Posted February 25, 2022 #129 Share Posted February 25, 2022 With the recent outbreak of war, the stocks may still have more downward movement with several cruise areas affected and the price of fuel likelyvto increase substantially. Link to comment Share on other sites More sharing options...
Rare Stickman1990 Posted February 25, 2022 #130 Share Posted February 25, 2022 22 minutes ago, MicCanberra said: With the recent outbreak of war, the stocks may still have more downward movement Can’t disagree with you - there could well be further movement down - but even at current pricing I’m liking my potential ROI from OBC’s (almost 40%) Link to comment Share on other sites More sharing options...
Rare OzKiwiJJ Posted February 25, 2022 #131 Share Posted February 25, 2022 2 hours ago, Stickman1990 said: Could be an opportune time to look at the ROI on this option at the moment Whilst not the bargain prices of March 2020 the current unsettled climate has the big three’s share prices at relatively low prices If nothing else scan back a few pages and enjoy the arm chair experts forecasts… I’m looking at NCLH shares and for a US$1900 investment I’ll get back US$750 over three cruises in the next 18 months - not a bad ROI Of course as always there’s a risk of capital loss on the investment You almost shocked me there ... until I realised that NCLH owns Regent and Oceania. 🤣 Somehow I couldn't see you on one of the NCL ships.🤣 1 Link to comment Share on other sites More sharing options...
Rare MicCanberra Posted February 25, 2022 #132 Share Posted February 25, 2022 I enjoy NCL as well, I have Future cruises booked with NCL currently. Link to comment Share on other sites More sharing options...
Rare Stickman1990 Posted February 25, 2022 #133 Share Posted February 25, 2022 12 minutes ago, OzKiwiJJ said: You almost shocked me there ... until I realised that NCLH owns Regent and Oceania. 🤣 You got it 😉😂 Link to comment Share on other sites More sharing options...
Rare OzKiwiJJ Posted February 25, 2022 #134 Share Posted February 25, 2022 9 minutes ago, MicCanberra said: I enjoy NCL as well, I have Future cruises booked with NCL currently. NCL ships are too big for Terry. 🤣 1 Link to comment Share on other sites More sharing options...
Rare Stickman1990 Posted February 25, 2022 #135 Share Posted February 25, 2022 6 minutes ago, OzKiwiJJ said: NCL ships are too big for Terry. 🤣 But to be fair - they’re still sailing… Needs must… Link to comment Share on other sites More sharing options...
Rare OzKiwiJJ Posted February 25, 2022 #136 Share Posted February 25, 2022 49 minutes ago, Stickman1990 said: But to be fair - they’re still sailing… Needs must… True! But they aren't sailing here! 😪 Link to comment Share on other sites More sharing options...
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