NCLH Stock Price

[Formula280SS]

5 hours ago, complawyer said:

no, unfortunately (or fortunately) we only bought 100 shares, so i'm holding on to them.its already gone to $27

 

Well, that is good.  👍

 

IMO, based on the activity of trades and the rank of the priority (of security and collateral) of their bonds, and who some of the known investors/lenders are, positions are being consolidated and I don't believe their plans involve equity.  😲 

 

Hopefully, they (after restructure) will honor the FCC/Customer Deposits.

 

They simply cannot meet the terms and conditions of numerous debt covenants approaching June, and will be on 90-day cash intravenous thereafter even if such are forgiven.

 

IMO, we'll still get to sail Bliss etc., they just won't be under the current structure of NCLH.  😷 

 

It's not even their fault.  I wonder when, or even if ever, we see any financial international litigation from the source of this planetary financial destructive virus.

[dexddd]

Well, they continue to do lots of TV advertising.  Curious if it is bringing in bookings.

[Trimone]

It’s estimated $120 -$160 million per month burn rate.

Edited January 26, 2021 by Trimone

[oteixeira]

Wrong article.

Edited January 26, 2021 by oteixeira

[Formula280SS]

3 hours ago, Trimone said:

It’s estimated $120 -$160 million per month burn rate.

 

Per SEC filing by NCLH ~

 

"For comparative purposes, assuming vessels remain at minimum manning status, fourth quarter 2020 average cash burn rate would be higher at approximately $175 million per month, primarily driven by the timing of interest expense."

 

"Due to the fluidity of the voyage resumption schedule and associated expenses, the Company estimates its actual cash burn rate for the fourth quarter 2020 will be higher than the comparative number referenced above. Average monthly cash burn is expected to increase as vessels are prepared to return to service due to additional costs associated with re-staffing, re-positioning and provisioning of vessels, implementation of new health and safety protocols and a disciplined ramp-up of demand-generating marketing investments."

[98420934]

On 1/25/2021 at 8:12 AM, complawyer said:

hate  to rain on your parade, or rub it in, we bought it at $7.00

 

Wow. Nice move!

[Formula280SS]

19 hours ago, 98420934 said:

 

Wow. Nice move!

 

Yep, but you can't beat being an insider.

 

Nothing like worrying about the virus vaccination and other duties, buying (disclosure range requirement $500,000 to $1,000,00) Tesla Call options @ $500 before the announcement of the governments electric car fleet replacement plan is "a nice move."

 

Why we tolerate this corruption is beyond me.

 

That is why the cruise industry, a target of the same ilk in DC, is simply in for rough seas for US based cruises.

[mystik]

On 3/9/2020 at 1:55 PM, Hrhbob said:

I was SO very proud of myself when i bought my NCL stock when it dove down to $33. As we speak it is at $21.52!  Well heck....

what are the benefits on buying there stock is it like carnaval stock

 

[JandC_Cruising]

2 hours ago, mystik said:

what are the benefits on buying there stock is it like carnaval stock

 

If you hold 100 shares, you get OBC ($50, $100, or $250) based on the length of cruise. Here's the info from the investor page.

http://www.nclhltdinvestor.com/static-files/91699aad-cb30-4ff6-8e40-4dc290cb03b5

[seemoreroyals]

I sold  my shares at just below $30 to lock in small profit.  At one time, like many,  I was under water and wondering if this stock would eventually go to zero.  In hindsight,  I wish I had sold all but 100 shares so I would still have my shares in place for the $100 obc once cruises resume.  Is this recent run up in NCLH stock to near $32 a share an overreaction to roll out of vaccines?  Where does it go from here ? 

Edited February 25, 2021 by seemoreroyals

[AdoraBelle]

Bought NCL at $7, CCL at $9 and RCL at $20 last year when the market crashed. 

 

I'm long on these stocks until cruising resumes. 

[complawyer]

we bought 100 share at $7.00, and holding on for the long run

[jcollin]

100 @8.23

[overeazy1]

I purchased 160 shares at between $8-$10 on the whim that if it gets even close to where it was I am going to get a great cruise out of it.  I called yesterday and booked a cruise for Sept 2022 as hope things are looking more normal by then.  They have some great offers going right now and the individual I talked to said bookings were really picking up for them.

 

Looking back to the start of this thread in March 2020 I get a chuckle out of what some people thought they knew.  Shows it all is really guessing and luck and with something like this that there is no past experience to look back on.  Buying the stock was like taking the money and going into a casino, if you can't afford to lose it don't buy.  If your going to stress about it, don't buy.  Sometimes the bigger the potential rewards the bigger this risk.  And the risk is a lot easier to take if the risk isn't catastrophic to you.  

 

Oh and for those that think owning 100 shares of NCL will get you some on board credit, there is one small thing you may not know.  If you take that on board credit you do not qualify for their at sea free offers which means take the credit and pay much more for those offers.  I am pretty sure I just read that since I was looking into booking my cruise.

[Capitan Obvious]

29 minutes ago, overeazy1 said:

Oh and for those that think owning 100 shares of NCL will get you some on board credit, there is one small thing you may not know.  If you take that on board credit you do not qualify for their at sea free offers which means take the credit and pay much more for those offers.  I am pretty sure I just read that since I was looking into booking my cruise.

 

Just my two cents, but I think you should be more than "pretty sure" before you post something like that. If you read it, fine...but please, supply a link to your source.

[JamieLogical]

39 minutes ago, overeazy1 said:

Oh and for those that think owning 100 shares of NCL will get you some on board credit, there is one small thing you may not know.  If you take that on board credit you do not qualify for their at sea free offers which means take the credit and pay much more for those offers.  I am pretty sure I just read that since I was looking into booking my cruise.

 

What? You send the application for your OBC like a month before sailing. Long after you have already booked and made final payment on your cruise. Are you saying that when you send in the application, they change your whole booking? Do they refund the service fees you paid for your free at see perks? I have never heard anything like this.

[complawyer]

54 minutes ago, overeazy1 said:

I purchased 160 shares at between $8-$10 on the whim that if it gets even close to where it was I am going to get a great cruise out of it.  I called yesterday and booked a cruise for Sept 2022 as hope things are looking more normal by then.  They have some great offers going right now and the individual I talked to said bookings were really picking up for them.

 

Looking back to the start of this thread in March 2020 I get a chuckle out of what some people thought they knew.  Shows it all is really guessing and luck and with something like this that there is no past experience to look back on.  Buying the stock was like taking the money and going into a casino, if you can't afford to lose it don't buy.  If your going to stress about it, don't buy.  Sometimes the bigger the potential rewards the bigger this risk.  And the risk is a lot easier to take if the risk isn't catastrophic to you.  

 

Oh and for those that think owning 100 shares of NCL will get you some on board credit, there is one small thing you may not know.  If you take that on board credit you do not qualify for their at sea free offers which means take the credit and pay much more for those offers.  I am pretty sure I just read that since I was looking into booking my cruise.

i figured for $700 it was worth a shot.  and im not concerned at all about the $100 onboard credit,i wasnt even thinking about applying for it

[Travelicious]

1 hour ago, overeazy1 said:

 

 

Oh and for those that think owning 100 shares of NCL will get you some on board credit, there is one small thing you may not know.  If you take that on board credit you do not qualify for their at sea free offers which means take the credit and pay much more for those offers.  I am pretty sure I just read that since I was looking into booking my cruise.

Although the terms would seem to lead to this conclusion, that has not been my experience.  The disqualification applies not to the free at sea offers, but to discounts such as interline rates.  I bought high (🙁) and have received the shareholder benefit OBC on 3 separate cruises.  I also took advantage of the free at sea offers on each of those cruises.

[brovol]

4 hours ago, overeazy1 said:

I purchased 160 shares at between $8-$10 on the whim that if it gets even close to where it was I am going to get a great cruise out of it.  I called yesterday and booked a cruise for Sept 2022 as hope things are looking more normal by then.  They have some great offers going right now and the individual I talked to said bookings were really picking up for them.

 

Looking back to the start of this thread in March 2020 I get a chuckle out of what some people thought they knew.  Shows it all is really guessing and luck and with something like this that there is no past experience to look back on.  Buying the stock was like taking the money and going into a casino, if you can't afford to lose it don't buy.  If your going to stress about it, don't buy.  Sometimes the bigger the potential rewards the bigger this risk.  And the risk is a lot easier to take if the risk isn't catastrophic to you.  

 

Oh and for those that think owning 100 shares of NCL will get you some on board credit, there is one small thing you may not know.  If you take that on board credit you do not qualify for their at sea free offers which means take the credit and pay much more for those offers.  I am pretty sure I just read that since I was looking into booking my cruise.

This is just wrong.  I just got my credit on a cruise where I got the free at see promos.  The stock-owner credit applies to all NCL cruiser who have 100 shares or more.  It is $100 per cabin.

[HuliHuli]

On 2/26/2021 at 9:24 AM, overeazy1 said:

Oh and for those that think owning 100 shares of NCL will get you some on board credit, there is one small thing you may not know.  If you take that on board credit you do not qualify for their at sea free offers which means take the credit and pay much more for those offers.  I am pretty sure I just read that since I was looking into booking my cruise.

 

[oteixeira]

On 2/26/2021 at 9:24 AM, overeazy1 said:

Oh and for those that think owning 100 shares of NCL will get you some on board credit, there is one small thing you may not know.  If you take that on board credit you do not qualify for their at sea free offers which means take the credit and pay much more for those offers.  I am pretty sure I just read that since I was looking into booking my cruise.

Never have I ever had my 100 dollar OBC for my shares change what my free at sea offer was, OR the OBC I get from my travel agent.  As a mater of fact, all that is locked in when you book, you do the Shareholder form AFTER you have booked, and everything else is locked in.  It requires your booking number.  It also does not change your insider latitude points (if they are doubled), in case anyone was wondering.....
 

 

[overeazy1]

On 2/27/2021 at 12:46 PM, oteixeira said:

Never have I ever had my 100 dollar OBC for my shares change what my free at sea offer was, OR the OBC I get from my travel agent.  As a mater of fact, all that is locked in when you book, you do the Shareholder form AFTER you have booked, and everything else is locked in.  It requires your booking number.  It also does not change your insider latitude points (if they are doubled), in case anyone was wondering.....
 

 

Well thanks for the information.  I did a goggle search and that is what I found but I will fill out the paperwork for it and see.

[Trimone]

What happens to shares if NCLH goes into administration? I think you call it section 11 in the states 

[SeaHunt]

Just making sure you saw this:

 

"Norwegian Cruise Line Holdings announced today that it is proposing to sell $550 million aggregate principal amount of its 5.875% Senior Notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, the company said.

 

The notes will form part of the same series as the $850 million aggregate principal amount of 5.875% Senior Notes due 2026 issued on December 18, 2020 and will be guaranteed by certain subsidiaries on a senior unsecured basis.

 

The company said it expects to use the net proceeds from the offerings to fully repay the aggregate principal amounts outstanding under two of the company's senior secured credit facilities, together with accrued but unpaid interest thereon, and to pay any related transaction premiums, fees and expenses, with the remainder of the net proceeds from the offerings to be used for general corporate purposes".

 

https://www.cruiseindustrynews.com/cruise-news/24472-norwegian-cruise-line-raising-another-550-million.html

[oteixeira]

1 hour ago, SeaHunt said:

Just making sure you saw this:

 

"Norwegian Cruise Line Holdings announced today that it is proposing to sell $550 million aggregate principal amount of its 5.875% Senior Notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, the company said.

 

The notes will form part of the same series as the $850 million aggregate principal amount of 5.875% Senior Notes due 2026 issued on December 18, 2020 and will be guaranteed by certain subsidiaries on a senior unsecured basis.

 

The company said it expects to use the net proceeds from the offerings to fully repay the aggregate principal amounts outstanding under two of the company's senior secured credit facilities, together with accrued but unpaid interest thereon, and to pay any related transaction premiums, fees and expenses, with the remainder of the net proceeds from the offerings to be used for general corporate purposes".

 

https://www.cruiseindustrynews.com/cruise-news/24472-norwegian-cruise-line-raising-another-550-million.html

Basically they are taking out a new loan to pay off the loan they took out earlier in the shutdown.  Seems like a very sound and logical move.