RCL Stock

[lovesthebeach2]

On 4/11/2024 at 12:26 PM, Ourusualbeach said:

I sold at just over $140.  Now waiting to buy back in.

If we already received the stock credits on upcoming cruises and sell the stock, do you know what happens to the credits we already received?

[Another_Critic]

26 minutes ago, lovesthebeach2 said:

If we already received the stock credits on upcoming cruises and sell the stock, do you know what happens to the credits we already received?

Nothing.

[firefly333]

Oil green today and iran still a worry.

 

As a interesting sidenote, this last unemployment numbers showed number of foreign born who got new jobs. Never seen this emphasized before. Twice as many foreign born got jobs as nationals who lost jobs.

 

The fed keeps citing how tight the labor market is when they are debating rate cuts. Adding in "foreign born" who took new jobs is kinda like "hey dummies... of course the labor market is tight and going to stay that way with new workers coming in. I think the fed might have to change its thought process a bit. Inflation isnt tamed is also echoing thru the market.

 

Higher oil and higher interest rates weigh on rcl. Yes I've read rcl hedges oil out 6 months, dont know if still true... but people trade on emotions. Risks. 

 

One other bit is they made drilling in the Yukon or wherever it's called more expensive by a LOT. Huge jump in price to drill and they have to pay royalties, not sure who to, but oil under pressure from this news.

 

 

Edited April 12 by firefly333

[Biker19]

57 minutes ago, lovesthebeach2 said:

If we already received the stock credits on upcoming cruises and sell the stock, do you know what happens to the credits we already received?

You can still get the shareholder OBC even after you sold the stock -eventually they may ask for an updated stock statement. 

[Ourusualbeach]

1 hour ago, lovesthebeach2 said:

If we already received the stock credits on upcoming cruises and sell the stock, do you know what happens to the credits we already received?

Absolutely nothing.  I've done this many times

[john91498]

Interesting responses. I've made lots of money in the market and I've lost lots of money. The market paid for my house and a few of my toys including my Corvette.

 

Sometimes, it's more lucky that being good.

[grandgeezer]

46 minutes ago, john91498 said:

Interesting responses. I've made lots of money in the market and I've lost lots of money. The market paid for my house and a few of my toys including my Corvette.

 

Sometimes, it's more lucky that being good.

One of my favorite quotes, “The harder you work, the luckier you get.”

 

 

[Biker19]

A somewhat lengthy document about the RCG board, compensation and other things posted with the SEC yesterday:

XBRL Viewer (sec.gov)

[firefly333]

Another analyst has a new target of 164 out yesterday morning. Mazxxxx forgot the name.

 

Oil sold off yesterday during the day, rcl inverse reaction. Went from red to green and moving green today. I dont see the price increases like in the past, by next year will have trouble replicating the 40% yoy this year. But for now growth is going to show great. 

[grandgeezer]

On 4/12/2024 at 11:18 AM, firefly333 said:

Oil green today and iran still a worry.

 

As a interesting sidenote, this last unemployment numbers showed number of foreign born who got new jobs. Never seen this emphasized before. Twice as many foreign born got jobs as nationals who lost jobs.

 

The fed keeps citing how tight the labor market is when they are debating rate cuts. Adding in "foreign born" who took new jobs is kinda like "hey dummies... of course the labor market is tight and going to stay that way with new workers coming in. I think the fed might have to change its thought process a bit. Inflation isnt tamed is also echoing thru the market.

 

Higher oil and higher interest rates weigh on rcl. Yes I've read rcl hedges oil out 6 months, dont know if still true... but people trade on emotions. Risks. 

 

One other bit is they made drilling in the Yukon or wherever it's called more expensive by a LOT. Huge jump in price to drill and they have to pay royalties, not sure who to, but oil under pressure from this news.

 

 

 

8 hours ago, firefly333 said:

Another analyst has a new target of 164 out yesterday morning. Mazxxxx forgot the name.

 

Oil sold off yesterday during the day, rcl inverse reaction. Went from red to green and moving green today. I dont see the price increases like in the past, by next year will have trouble replicating the 40% yoy this year. But for now growth is going to show great. 

What’s yoy? I’ve been active in the stock market for over 35 years, and with all the due diligence I’ve done, yoy has never shown up.

?

[xpcdoojk]

Year over year….  You watch every single company traded on the stock market?  Amazing.

[Engineroom Snipe]

There is no 'joy' when the 'yoy' is negative.

 

😟

[livingonthebeach]

IDK but these past few weeks haven't been kind to the stock market. Glad I only bought RCL for the OBC only. Not investing any more on anything until things settle. 

[grandgeezer]

13 hours ago, xpcdoojk said:

Year over year….  You watch every single company traded on the stock market?  Amazing.

Who would write yoy, this year? That makes it this year only.

Where did I say I watch every single stock on the stock market? If I find one I might be interested in, I do a deep dive, and it confirms my feeling I buy, if not I pass. This strategy has worked very well over the past 35 years. It allowed me to retire at 55. I’ve not paid a penny interest on anything since 1985, and my mrd from my 401k, investment income is almost double the total of my pension and my wife’s and mine social security. And we lived the “life of Riley” the whole time, we have everything we want and did everything we wanted to do.

Amazing!

 

 

[bucfan2]

On 4/11/2024 at 12:07 PM, firefly333 said:

A analyst on rcl upper his one year target to 160. 

Get a couple analysts to agree, and it's a great sell signal to me.

[firefly333]

2 minutes ago, bucfan2 said:

Get a couple analysts to agree, and it's a great sell signal to me.

And I would say the 12 month targets are higher than pre covid when they had a lot less debt, though prices sure are higher.

 

Some of these beats on earnings I hear from various companies are beating top and bottom line, then you listen and it's because they raised prices, not because they sold more widgets, or whatever, it's based on higher prices which people are now pushing back against. 

 

I personally know these rcl price hikes cant continue at this rate, so they year over year and growth will die back as comparisons become harder year over year and yes I do look at year over year. 

[Engineroom Snipe]

13 minutes ago, firefly333 said:

And I would say the 12 month targets are higher than pre covid when they had a lot less debt, though prices sure are higher.

 

Some of these beats on earnings I hear from various companies are beating top and bottom line, then you listen and it's because they raised prices, not because they sold more widgets, or whatever, it's based on higher prices which people are now pushing back against. 

 

I personally know these rcl price hikes cant continue at this rate, so they year over year and growth will die back as comparisons become harder year over year and yes I do look at year over year. 

@firefly333

 

Starting to see definite price weakness this September out of Bayonne. September 8, 7 day cruise is going for half the price of its all time high since it was listed after discounts. Was as high as $1,200 per person including tax and is now about $670 (interior, I was able to select the room and it was a virtual balcony on the 8th deck forward) today.

 

Not as low as the first year post Covid but not able to sustain the 250% increases I have seen over the past 14 months.

 

Long term cruisers are still booking immediately but they are not filling in the last 30% of cabins in the shoulder season. RCI did not have any shoulder seasons in 2023 and looks strong until the end of summer this year. The Fall is starting to look more traditional with reduced prices.

 

I think this will definitely affect stock growth as opposed to the recent gains.

[livingonthebeach]

Q1 earnings just came out and were stronger than expected. Stock trading up in Futures market. Earnings call set at 10:00am:

https://www.prnewswire.com/news-releases/royal-caribbean-group-reports-first-quarter-results-and-increases-full-year-guidance-on-continued-strong-demand-302127396.html#:~:text=The company also reported total,the first quarter of 2023.

 

https://www.rclinvestor.com/webcasts-presentations/#heading-0

[mac66]

Just an FYI, I bought RCL stock when it was low, sold it when it was higher. I'd have to take 77 more cruises to make up the difference in OBC.

[Baron Barracuda]

Earnings appear excellent.  Even Jason Liberty called them WOW in earnings announcement.  Net yields up from 1.02 to 1.07, turned a profit in seasonally weak quarter and raised full year guidance.  Interest expense down from $400MM/qtr to around $300MM.  LTD balance continues to shrink and $1B+ in debt refinanced from 11% to 6%.  Bookings and net yields strong.  Capacity will increase 8% this year.

[Tree_skier]

On 4/19/2024 at 10:39 AM, Engineroom Snipe said:

@firefly333

 

Starting to see definite price weakness this September out of Bayonne. September 8, 7 day cruise is going for half the price of its all time high since it was listed after discounts. Was as high as $1,200 per person including tax and is now about $670 (interior, I was able to select the room and it was a virtual balcony on the 8th deck forward) today.

 

Not as low as the first year post Covid but not able to sustain the 250% increases I have seen over the past 14 months.

 

Long term cruisers are still booking immediately but they are not filling in the last 30% of cabins in the shoulder season. RCI did not have any shoulder seasons in 2023 and looks strong until the end of summer this year. The Fall is starting to look more traditional with reduced prices.

 

I think this will definitely affect stock growth as opposed to the recent gains.

I've also noticed a little softness in pricing for extra in the cruise planner.  Things like the Cococay beach club and the water park, while not down to where they were just post covid, have definitely settled lower.

[livingonthebeach]

RCL trading in the $140 range - back to all time highs. Great come back from the $19 pandemic low! Got in just for the OBC and got a great price boost to boot!

[Biker19]

RCG posted their quarterly report with the SEC: XBRL Viewer (sec.gov)

[DaKahuna]

The stock closed at $140.59, up $3.12 a share today.  Loving all those shares I purchased in 2020 as the priced dropped due to ships not being allowed to sail.  At least I can say something good came from the pandemic. 

 

[livingonthebeach]

21 minutes ago, DaKahuna said:

The stock closed at $140.59, up $3.12 a share today.  Loving all those shares I purchased in 2020 as the priced dropped due to ships not being allowed to sail.  At least I can say something good came from the pandemic. 

 

 

Some people truly benefited from the Pandemic, i.e. Big Pharma, PPE suppliers (masks, sanitizer, germ killers) not to mention toilet paper and paper towel makers. Some really gauged people who were vulnerable.

 

But buying stock at lower prices benefited not only the stockholder but helped get Royal get back on its feet. You did very well for yourself and in a good way. Congrats!