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NCLH Stock Price

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1 minute ago, salty dingo said:

They already did. That was the reason the entire stock market soared. Corp leaders are compensated for higher stock price, buybacks raise the price at the cost of debt. Party is over, no more easy money. Time to pay the piper.

There sure was an awful lot of that going around big corporations.  Next will come the layoffs because that's how they solve their problems. 

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2 minutes ago, salty dingo said:

They already did. That was the reason the entire stock market soared. Corp leaders are compensated for higher stock price, buybacks raise the price at the cost of debt. Party is over, no more easy money. Time to pay the piper.

 

The entire stock market did not soar because NCL took out a loan.

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11 minutes ago, ColeThornton said:

 

The entire stock market did not soar because NCL took out a loan.

but I read it on the internet

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On 3/13/2020 at 9:19 PM, cksv said:

All this bad news is probably priced into the stock at this point, after-all it is already down 80%. I loaded up on both NCLH and CCL on Wednesday and Thursday. I'm a big fan of NCL's product and prior to this temporary setback they had no problems filling ships at top dollar. People either love or hate to cruise, and I'm betting that those that love to cruise will be back after this passes. If NCL needs more cash to get through this rough patch I'm confident they'll be able to find it, considering money is cheap and easy to come by right now (this isn't 2008). Good news at the White House Press Conference earlier when Trump said that he'll help the cruise line industry if they ask.

 

Now that Frank Del Rio guy, well I wouldn't be upset if the board replaced him. 😄

You are a brave man - The shares are permanently damaged and NCL's balance sheet is horrible. You missed one fact NCL were close to going bust in 2008  before Kevin Sheehan took over with Andy Stuart. Andy is probably the best CEO NCL will ever have  and without him at the helm they are going to have a rocky ride.

 

They have lost a whole season in Europe this year - it the most profitable if the quarter results are to be believed!! All ports in Italy and Spain will be closed for a long time.

 

You have also fallen for the" fill the ships" - read the last quarter and the revenue projections. They had been selling to the Chinese market to  fill cabins and it is finished for years to come.

 

No one in their right mind will now lend for new ship builds as  the risk profile is now too great.

 

As for Trump helping the industry:

He has a lot on his plate and the Airline industry also needs to be bailed out

It is not politically expedient to "help the Rich"

And who knows' once November come  if he will even be in office 

 

Sad but I predict Chapter 11 is a strong possibility  the next port of call. Hope I am wrong

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On 3/14/2020 at 3:11 PM, fstuff1 said:

 

 

apparently ncl didnt stop trading after they announced.

they were only up +10% when they announced. they ended up +15%.

(after hours market is a different animal)

 

and lets see what news this weekend on the details on how the govt is going to support the cruise lines during the 30day shutdown.

No European Market for the foreseeable - price should  drop !

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6 minutes ago, bmwman said:

No European Market for the foreseeable - price should  drop !

 

well, theoretically, all news up to the Fri close should be priced in.

ie: ncl wont be sailing for 30 days, canada ports closed till July 1.

 

the only new news this weekend is Spain closing it's borders but i dont see much of an impact right now since ncl isnt sailing for a month.

 

dont get me wrong. if the market tanks, ncl will be going down as well.

i dont see the stock going down much on it's own till April if there isnt additional bad news specifically against ncl.

 

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The stock market is halted in Asia.  It already crashed as soon as it opened.
Tomorrow is going to be a bad day.

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30 minutes ago, MaryZ said:

The stock market is halted in Asia.  It already crashed as soon as it opened.
Tomorrow is going to be a bad day.

yeah futures went limit down right as it opened some 5 hours ago, this even after the fed cut plus QE

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20 minutes ago, fstuff1 said:

up 13% when the market drops 2000 points?!

whats going on?

Statement by the President that they will not let the cruise industry fail.  ie., $$$$$$$$

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i am glad I bought Thursday at $9.83. Despite the cancellation of all cruises on Friday and the rest of the market plummeting, I am actually still up almost $200 right now!

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19 minutes ago, GA Dave said:

Statement by the President that they will not let the cruise industry fail.  ie., $$$$$$$$

 

lol. i doubt that.

besides, theres no appetite in congress to bailout foreign companies that pay no US taxes

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Posted (edited)

 

 

There is one thing worth noting, despite the stock being so low there is no recorded insider buying.

This is the most recent activity.

 

NCLshares.JPG.533b43e18167f27c382e527bd8d050dd.JPG

Edited by ziggyuk

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49 minutes ago, fstuff1 said:

up 13% when the market drops 2000 points?!

whats going on?

 

 

Don't get caught up in the hour by hour prices, that's a fools errand.

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Shoulda, Coulda, Woulda...

 

I can beat myself up for not pulling the plug on Friday.  Or just be happy that I'm in under $11.50.  

 

Anyone else adding more when the price drops again?  

 

 

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8 minutes ago, nhtravels said:

 

Anyone else adding more when the price drops again?  

 

 

 

 

Absolutely not.    Too many worries at this point about bankruptcy.   I don't want to get left holding the bag full of worthless stock certificates.   

 

That's just me though, other investors have different time lines and risk assessments. 

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No more shares for me.  I bought 100 with the money I would have otherwise used in the casino.  Looking at it like a gamble...hoping to win, but will be OK if I lose.

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Just because the price is low, does not mean its a 'good buy'.

We call this a 'suckers play'. Wait, and you will find out why.

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I still believe it will get to the $4-$6 range (possibly by the end of the week).  I'll take a flyer on it at that price, but staying far, far away from this until then.

 

Cruises are going to be the last to rebound from this once all is said an done.

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6 minutes ago, Lupush said:

 

 

Cruises are going to be the last to rebound from this once all is said an done.

 

Unfortunately, I totally agree with you. The die hards will continue to cruise but building a new customer base will be challenging. I think there will be excess capacity for a while.

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I made my first options trade in over 10 years this morning.  Bought the March 20th 12.50 when it was at 10.34 and sold it when it hit 13.07.  I also took my casino money for my cancelled cruise and gambled.  In a couple of hours I made enough for a nice haven cruise.  Problem is now I am stuck to my computer screen looking for more home runs.  

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Posted (edited)
2 hours ago, skeeter195 said:

I made my first options trade in over 10 years this morning.  Bought the March 20th 12.50 when it was at 10.34 and sold it when it hit 13.07.  I also took my casino money for my cancelled cruise and gambled.  In a couple of hours I made enough for a nice haven cruise.  Problem is now I am stuck to my computer screen looking for more home runs.  

so you made 13.07 - 12.50 = .57 = $57 profit per contact?

for Haven $, you had 100 contracts? ($5700 profit?)

 

how hard is it to learn to trade options?

link to (free) website to teach you?

Edited by fstuff1

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