SS/RCCL Finances: Improving, Options, Questions??!!

[Silver Spectre]

43 minutes ago, TLCOhio said:

 

  Had not previously heard about AT1s till the mention here.  WOW!!  Some folks are getting hit hard with financial wipe-outs when those "investors" might have assumed and hoped that such "bonds" carried more/better security and protections.  Great comments and follow-up.  

 

 

AT1's (Additional Tier 1) are a special class of bond that confers a right to convert into shares at some point, sometimes called Coco's. The Swiss Markets Authority (Finma) has used a clause to trigger a complete write-down (17.3B$) of these but is protecting the shareholders (to a small extent!). Because of what the Swiss have down its likely to light a fire under all AT1's and is bound to have a further ripple effect.

[TLCOhio]

On 3/21/2023 at 11:31 AM, Silver Spectre said:

AT1's (Additional Tier 1) are a special class of bond that confers a right to convert into shares at some point, sometimes called Coco's. The Swiss Markets Authority (Finma) has used a clause to trigger a complete write-down (17.3B$) of these but is protecting the shareholders (to a small extent!). Because of what the Swiss have down its likely to light a fire under all AT1's and is bound to have a further ripple effect.

 

YES, there are "Ripple Effects" happening that impact the financial markets.  Appreciate your follow-up for those special classes of Europe bonds.  

 

From the New York Times this afternoon, they had this headline: “The Fed Raised Rates and Acknowledged Bank Uncertainty" with this sub-headline: "Federal Reserve officials raised interest rates by a quarter-point while noting that bank turmoil could help slow the economy.”

 

Here are a couple of their reporting highlights: “Federal Reserve officials raised interest rates by a quarter-point on Wednesday as officials tried to balance two conflicting problems: the risk that inflation could remain rapid and the threat that higher borrowing costs could fuel turmoil in the banking system.   The Fed on Wednesday pushed interest rates to a range of from 4.75 percent to 5 percent, and it forecast one more rate increase in 2023. In doing so, officials tried to signal that they remained focused on wrestling down price increases and were also paying attention to financial threats.”

 

Below you can see how this Fed announcement sent cruise and other stocks, down, down and DOWN.  Not good news?

 

Full story at:

https://www.nytimes.com/2023/03/22/business/federal-reserve-interest-rates-banks.html

 

THANKS!  Enjoy!  Terry in Ohio   

 

Barcelona/Med: June 2011, with stops in Villefranche, ports near Pisa and Rome, Naples, Kotor, Venice and Dubrovnik. Great visuals with key highlights, tips, etc. Live/blog now at 256,195 views.

https://boards.cruisecritic.com/topic/1362155-solstice-livefirst-timer-reportspix’s-italycroatian-june-7-19/

 

Here is the Wall Street Journal chart for the past five days of Royal Caribbean trading.  WOW!!  What a big, BIG drop in value this afternoon when word got out as to the actions of Federal Reserve to raise interest rates.  Does this sound good for the economy moving forward?  In a little over an hour, RCL dropped sharply down more than two dollar a share.  That was after a dramatic jump, up, UP early Tuesday morning.  What is happening and will it become predictable?:

(Open your screen/viewer wider to see this visual larger/better!)

[highplanesdrifters]

40 minutes ago, TLCOhio said:

Below you can see how this Fed announcement sent cruise and other stocks, down, down and DOWN.  Not good news?

It was Yellen that tanked the market.

 

The U.S. government is ready to protect deposits in mid-size and smaller banks if necessary to prevent financial contagion, Treasury Secretary Janet Yellen said in a speech yesterday.

 

Today 

Nevermind

 

I'm guessing she got a call to remind her that Congress holds the purse strings.

[TLCOhio]

15 hours ago, highplanesdrifters said:

It was Yellen that tanked the market.  The U.S. government is ready to protect deposits in mid-size and smaller banks if necessary to prevent financial contagion, Treasury Secretary Janet Yellen said in a speech yesterday.

Today Nevermind

I'm guessing she got a call to remind her that Congress holds the purse strings.

 

Agree on the major questions facing the U.S. Treasury Secretary, the Fed, etc.  Congress does hold the "purse strings", but when, how and if will they act or react??  Is that the right/key question?  

 

From a Wall Street Journal-related financial website earlier this week, they had this headline: “Shares of Carnival Corp. rose"   with this sub-headline: "Deutsche Bank analyst Chris Woronka made a short-term recommendation to buy, a week before the cruise operator reports fiscal first-quarter results.”

 

Here are some of their story highlights: “ 'The company reports [fiscal first-quarter] results premarket on Monday, March 27, and we believe the report is likely to elicit a positive reacting from the stock, based primarily on weakening sentiment heading into the prints, as well as what we believe to be a low bar for [Carnival’s] outlook for the remainder of [fiscal 2023],' Woronka wrote in a note to clients.   Woronka said investors may be concerned about possible deceleration in consumer spending if the economy slows further, but he believes leisure travel should remain one of the more resilient subsectors of the larger consumer discretionary sector.”

 

Will leisure travel remain "resilient" when and if the economy slows down??

 

Full story at:

https://www.marketwatch.com/story/carnivals-sto

 

THANKS!  Enjoy!  Terry in Ohio

 

Norway Coast/Fjords/Arctic Circle cruise from Copenhagen, July 2010, to the top of Europe. Scenic visuals with key tips. Live/blog at 246,535 views.

https://boards.cruisecritic.com/topic/1172051-livesilver-cloud-norway-coastfjords-july-1-16-reports/

 

From the Wall Street Journal late this morning, here is how BIG is the stock price zooming UP, UP for Carnival.  Major positive upswing?:

(Open your screen/viewer wider to see this visual larger/better!)

[TLCOhio]

From the Wall Street Journal late today, below are their charts that reflect as to how "Wild and Rocky" was the stock market this past week.  This includes for the three cruise lines.  

 

Does this look like the Rocky Mountains with the various high's and low's?  Clearly the overall markets are not stable and confident.  

 

This includes, as just one example, the headline late today for "Deutsche Bank Stock Falls on Contagion Fears."

 

See more on this German bank at: 

https://www.wsj.com/articles/deutsche-bank-stock-tumbles-on-contagion-fears-1250eb04?mod=hp_lead_pos1

 

THANKS!  Enjoy!  Terry in Ohio

 

Sydney to NZ/Auckland Adventure, live/blog 2014 sampling/details with many exciting visuals and key highlights.  On page 23, post #571, see a complete index for all of the pictures, postings.  Now at 242,593 views.

https://boards.cruisecritic.com/topic/1896175-solstice-live-australianzhawaii-many-pix’s-jan-20-feb-3/

 

From the Wall Street Journal late this afternoon, here is how the three major cruise companies performed during the past five trading days.  All positive and understandable?:

(Open your screen/viewer wider to see these visuals larger/better!)

 

 

 

From the Wall Street Journal late this morning, here is how the overall S&P 500 stock index for the week moved UP and DOWN.  Look like a roller coaster ride?:

[TLCOhio]

From the London/UK-focus International Business News this morning, they had this headline: “Travel stocks are expected to soar in the post-pandemic world" with this sub-headline: "People are increasingly looking to travel internationally once again, leading to a rise in the travel industry, which had previously contributed 6.7 per cent of all gross value added in the UK in 2018.”

 

Here are some of their analysis/reporting highlights: “The increased desire to travel in the post-pandemic world has led to a rapid rise in the holiday market. Driven by the demand for adventure, the travel sector, which continues to grow, is expected to make a full recovery.  As COVID-19 slowly becomes a thing of the past, here's everything you need to know about the trends in the travel stock market. The travel and tourism industries contributed 6.7 per cent of all gross value added in the UK in 2018.  According to the World Tourism Organisation's (UNWTO) scenarios presented in May 2022, international tourism recovered 63 per cent of its pre-pandemic levels. The UNWTO also predicted that inbound tourism spending will exceed $1.4 trillion (£1.14 trillion) globally in 2023.  More people are looking to travel internationally as it is now simpler and less stressful than it was a year ago. While the prices of airlines, hotels and more have increased, the demand has not decreased.”

 

Here are the top five travel stocks that this profile predicts to watch in 2023:  TripAdvisor (TRIP), Expedia (EXPE), Boeing (BA), Airbnb (ABNB) and Booking Holdings (BKNG), the world's largest online travel agency by revenue.  Right or wrong, this article did not mention and highlight any of the three major cruise line companies.  Reactions?

 

Full story at:

https://www.ibtimes.co.uk/travel-stocks-are-expected-soar-post-pandemic-world-1714581

 

THANKS!  Enjoy!  Terry in Ohio

 

Venice: Loving It & Why??!!  Is one of your future desires or past favorites? See these many visual samples for its great history and architecture.  This posting is now at 101,935 views.

http://boards.cruisecritic.com/showthread.php?t=1278226

[TLCOhio]

From the Wall Street Journal this afternoon, they had this headline: “Carnival’s Ship Will Come In Eventually" with this sub-headline: "The leading cruise line’s recovery is delayed amid a mountain of debt, but it has a path to profitability.”

 

Here are some of their analysis/reporting highlights: “Unlike its customers, Carnival Corp.  shareholders should focus on the destination, not the journey.  Many expected the world’s largest cruise line to be profitable again three years after the arrival of the Covid-19 pandemic with so much of the tourism and leisure sector booming. They will have to wait a little bit longer for this very capital-intensive business to get there. The company lost money in its fiscal first quarter ended Feb. 28 and might still be in the red for the year as a whole as it unloads the financial ballast picked up since the global health emergency.  As recently as last May, with travel booming and a middle class with ample savings making up for lost time, analysts polled by FactSet expected Carnival to earn $1.58 a share this fiscal year. As of Monday morning, they were anticipating a small loss. One reason is consumer caution amid rising inflation, but a bigger one is Carnival’s own rising costs.”

 

They also noted: "It will take a lot more than full ships and a full revenue recovery to return to prepandemic profitability levels given a sharply higher share count and a balance sheet that has the whole company listing badly in junk rating territory. Getting back to a balance sheet that looks like it did three years ago could easily take the rest of this decade and won’t be free of bumps."

 

Ready to "invest" in Carnival stock?  Buy their bonds?  Give them big deposits and large advanced payments?

 

Full story at:

https://www.wsj.com/articles/carnivals-ship-will-come-in-eventually-3c738d88

 

THANKS!  Enjoy!  Terry in Ohio

 

Amazon River-Caribbean 2015 adventure live/blog starting in Barbados. Many visuals from this amazing river and Caribbean Islands (Dutch ABC's, St. Barts, Dominica, Grenada, San Juan, etc.).  Now at 71,175 views:

https://boards.cruisecritic.com/topic/2076101-live-amazon-river-caribbean-many-pix’s-terryohio/

[highplanesdrifters]

15 hours ago, TLCOhio said:

Ready to "invest" in Carnival stock?  Buy their bonds?  Give them big deposits and large advanced payments?

No, no, yes.😃

[TLCOhio]

Agree from highplanesdrifter that "No, no, yes.😃" might be the smart, reasonable responses.  You could be winning the prize!  Other reactions?

 

From the South Florida Sun Sentinel and Yahoo News yesterday, they had this headline: “Cruise, port leaders at Seatrade conference in South Florida see fortunes rising post COVID-19.”

 

Here are some of their reporting highlights: “Cruise line industry leaders are feeling better about their prospects after the COVID-19 pandemic nearly destroyed their businesses.  Answers emerged quickly Monday at the annual four-day Seatrade Cruise Global conference. A panel of executives from cruise lines and ports painted a somewhat guarded but optimistic picture for tourism worldwide.  But a full recovery is likely to come later for places such as Australia, which reopened its economy after the United States. Asia also has been slow to recover, while Russia’s invasion of Ukraine is disrupting the Baltic Sea cruise business.”

 

Also detailed was: "Terry Thornton, senior vice president of Princess Cruises, said North America took the lead as being the main source of major market recovery while others lagged for a variety of reasons. 'All geographic areas are not the same,' Thornton said. 'What we found so far, and I’m talking about where guests live, North America led the return by far.'  Australia, he said, 'is about a year behind' as it 'just started back up in June.'  'I think we have to say Europe sourcing right now is still somewhat challenged, and I think there are obvious reasons [as] to why that is,' he said, citing the war in Ukraine."

 

Here are some additional aspects cited: "More new ships are on the way, as well, with 17 entering the worldwide market this year and 66 by 2028. Moreover, new operators are entering the business including those with special themes and niches. Two examples: Ritz Carlton and the Four Seasons, both high-end luxury hotel and private residence operators.  In the meantime, older less efficient ships are leaving the industry’s fleet as new vessels come online."

 

Full story at:

https://news.yahoo.com/cruise-port-leaders-seatrade-conference-004100194.html

 

THANKS!  Enjoy!  Terry in Ohio

 

AFRICA?!!?: Fun, interesting visuals, plus travel details from this early 2016 live/blog. At 53,877 views. Featuring Cape Town, South Africa’s coast, Mozambique, Victoria Falls/Zambia and Botswana's famed Okavango Delta.

www.boards.cruisecritic.com/showthread.php?t=2310337

[RetiredandTravel]

39 minutes ago, highplanesdrifters said:

No, no, yes.😃

 

If I recall some of the bonds are backed by ships.  Considering the number of cruises you take you could use a ship, save money.  win win

 

🤓

[TLCOhio]

6 hours ago, RetiredandTravel said:

If I recall some of the bonds are backed by ships.  Considering the number of cruises you take you could use a ship, save money.  win win  

 

Fun/cute follow-up by R&T.  But, not sure I would want to own the ship and have to pay the costs for fuel, staff, maintenance, etc.  Owning a boat, especially a BIG one, is never cheap.  

 

From the Wall Street Journal financial news website this afternoon, they had this headline: “Carnival’s stock bounces back after long-time bear says stop selling” with this sub-headline: "Wells Fargo’s Daniel Politzer upgraded the cruise operator to neutral, after being bearish, or not rating the stock, for at least the past three years."

 

Here were some of the story highlights: “Carnival’s stock surges, to reverse previous session’s selloff, after Wells Fargo backs away from its long-time bearish stance on the cruise operator. Wells Fargo’s Daniel Politzer said his concerns about the cruise operator now seem 'de-risked.'  The stock CCL climbed 6.1% in midday trading, and was among the S&P 500 index’s SPX top gainers. The gain reversed the 4.8% drop suffered on Monday in the wake of the company’s disappointing outlook for losses in the current quarter and the full fiscal year.”

 

At the stock market's close at 4 pm today, Carnival finished at $9.33 a share, a gain of 6.14%.

 

Full story at:

https://www.marketwatch.com/story/carnivals-stock-bounces-back-after-long-time-bear-says-stop-selling-f9bc3512

 

THANKS!  Enjoy!  Terry in Ohio

 

Athens & Greece: Visuals, details from two visits in a city and nearby with great history, culture and architecture.  Now at 50,995 views.

http://boards.cruisecritic.com/showthread.php?t=1101008

[highplanesdrifters]

21 hours ago, RetiredandTravel said:

 

If I recall some of the bonds are backed by ships.  Considering the number of cruises you take you could use a ship, save money.  win win

 

🤓

Good idea!  But we are in the NO MORE STUFF phase. Does a ship fall in the Stuff category?

[TLCOhio]

23 hours ago, highplanesdrifters said:

Good idea!  But we are in the NO MORE STUFF phase. Does a ship fall in the Stuff category?

 

Agree with the wonderful idea of "No More Stuff".  Have not, however, got my wife to agree to such a smart strategy.  Sorry!  As to taking on responsibility for a whole  cruise ship, I would call that getting "Lots and Lots and Lots of More Stuff".  Will pass on the "honor" of getting one.  

 

From the Wall Street Journal this morning, here is a mid-week update that shows during the first three days of trading this week, that values have been going up, UP and UP!!  Yesterday both Carnival and Norwegian rose yesterday around 6%.  Since Monday's afternoon close of business, Carnival went from $8.79 a share to $9.89 late yesterday.  That is a 12.5% increase for Carnival in just two days.   What is driving these positive cruise stock value trends?

 

 

THANKS!  Enjoy!  Terry in Ohio

 

Kotor/Montenegro:  Various visual samples, tips, details, etc., for this scenic, historic location. Over 50,515 views.

http://boards.cruisecritic.com/showthread.php?t=1439193

[TLCOhio]

Remember the late 60's pop group called the Fifth Dimension who had a hit song titled "Up, Up and Away"?  That might summarize what happened with the stock market during this past week.  And that shows for the three major cruise ship companies.  

 

It was an unusual week with all things moving in a generally positive, upward manner.  What will happen next week for cruise companies and the stock market?

 

If you want to read some of the potentially "dark side" for future financial trends, here is an article from a financial news website yesterday afternoon.  They had this headline: “Opinion: ‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says” with these highlights: “In January 2022, when yields on U.S. 10-year Treasury bonds were still roughly 1% and those on German Bunds were -0.5%, I warned that inflation would be bad for both stocks and bonds.  Higher inflation would lead to higher bond yields, which in turn would hurt stocks as the discount factor for dividends rose. But, at the same time, higher yields on 'safe' bonds would imply a fall in their price, too, owing to the inverse relationship between yields and bond prices.”

 

Are the concerns gone for high inflation, bank stock risks, bond values shrinking, etc.?

 

Full story at:

https://www.marketwatch.com/story/most-u-s-banks-are-technically-near-insolvency-and-hundreds-are-already-fully-insolvent-roubini-says-18b89f92

 

THANKS!  Enjoy!  Terry in Ohio

 

Dubrovnik!  Visual samples, tips, details, etc., for this super scenic and historic location. Over 49,456 views.    

http://boards.cruisecritic.com/showthread.php?t=1439227

 

From the Wall Street Journal late Friday afternoon, here is how the three major cruise companies performed during the past five trading days.  All positive and moving up, UP?:

(Open your screen/viewer wider to see these visuals larger/better!)

 

 

 

For a perspective, here is what happened with the overall stock market during the past week as reflected by this WSJ S&P 500 chart.:

[highplanesdrifters]

Just now, TLCOhio said:

 “Opinion: ‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says”

He is the ultimate Perma Bear.

[TLCOhio]

On 4/1/2023 at 9:25 AM, highplanesdrifters said:

He is the ultimate Perma Bear.

 

Great follow-up from highplanesdrifters!  I was not that familiar with that writer/analyst.  When I look him up, he was described as Dr. Doom.  Rather negative.  Sometimes that works out correctly.  Other times, not so.  What for our current economic future path?

 

From the Wall Street Journal this morning, their lead story had this headline: “Oil Prices Jump on Saudi-Led Output Cut.”

 

Will this cause unhappy worries for cruise line executives as oil prices go up??  Did they hedge those future fuel prices?  

 

Among the WSJ story highlights: “Oil prices rose sharply after leading members of the OPEC cartel said they would cut production, a surprise move that stands to boost gasoline bills and inflation in the West.  The jump extends a spell of volatility for oil prices. It also adds another complication for central bankers, who are trying to gauge the direction of the economy and inflation.  The cuts will mean the world consumes significantly more oil than it produces in the second half of the year, winnowing down stockpiles and boosting prices, said Warren Patterson, head of commodities strategy at ING Groep.”

 

This week in Central Ohio, we saw gasoline prices at the pump jump about twenty cents per gallon.  Does this impact "consumer confidence" as folks consider future spending and possible travel plans/hopes?  Here is more from their story reporting: "Oil prices had fallen in recent weeks, after the collapse of several banks appeared to hasten the onset of a recession in the U.S. They then rallied last week following the closure of a major pipeline in Iraq and Turkey."

 

Full story at:

https://www.wsj.com/livecoverage/stock-market-news-today-04-03-2023/card/oil-prices-surge-on-opec-output-cut-ixWHVVJS9a9itb2dOoAb

 

THANKS!  Enjoy!  Terry in Ohio

 

Lisbon, NWSpain, Bordeaux/Brittany: Live/blog, June 2017 from Portugal to France along scenic Atlantic Coast on the Silver Spirit.  Now at 33,307 views.  Many pictures, details for history, food, culture, etc.:

www.boards.cruisecritic.com/showthread.php?t=2511358

[highplanesdrifters]

For Stumbles

..if I may call you that.

GOLD

 

[Stumblefoot]

1 hour ago, highplanesdrifters said:

For Stumbles

..if I may call you that.

GOLD

Katy, bar the door, indeed!

 

[TLCOhio]

Due to Good Friday, the U.S. major stock markets are closed tomorrow.  Below is the update for this past week's trading.

 

From the Wall Street Journal late this afternoon, you can see a generally downward slide for the four trading days this week.  Kind of a "turn-around", not in a good way, from the previous week?  Are folks concerned about the economy, a potential recession, higher fuel prices, etc.?  Other factors involved?

 

THANKS!  Enjoy!  Terry in Ohio

 

Panama Canal? Early 2017, Fort Lauderdale to San Francisco adventure through Panama Canal.  Our first stops in Colombia, Central America and Mexico, plus added time in the great Golden Gate City. Now at 31,879 views.

http://boards.cruisecritic.com/showthread.php?t=2465580

 

From the Wall Street Journal, here are the stock charts for the three major cruise lines for the most recent five trading days.:

(Open your screen/viewer wider to see these visuals larger/better!)

 

 

 

Since the first of January 2023, here has been the pattern for Royal Caribbean.  Kind of rocky?  Started in early January at $48.71 a share.  Peaked in mid February at $75.75.  Then, RCL has been somewhat sliding downward since early March.:

[TLCOhio]

From the Wall Street Journal this morning, they had this headline: “Fed Official Backs Higher Interest Rates as Banking Stresses Fade" with this sub-headline: "Inflation is still much too high, says Fed governor Christopher Waller."  

 

Here are their reporting highlights: “A Federal Reserve official said he was prepared to approve another interest-rate increase because recent banking-system stresses haven’t produced a significant pullback in lending while high inflation remains supported by strong growth.  'Monetary policy needs to be tightened further,' Fed governor Christopher Waller said in a speech Friday in San Antonio. 'I would welcome signs of moderating demand, but until they appear and I see inflation moving meaningfully and persistently down toward our 2% target, I believe there is still more work to do.'  The Fed raised its benchmark interest rate by a quarter percentage point last month to a range between 4.75% and 5%, extending the fastest pace of rate increases since the early 1980s to combat inflation that reached a 40-year high last year."

 

Below are the charts for the three major cruise lines.  Not exactly a positive and upward week.  Assume higher fuel prices, worries over a recession, lay-offs, etc., are continuing to concern investors and consumers.  Right or wrong?

 

Full story at:

https://www.wsj.com/articles/fed-official-backs-higher-interest-rates-as-banking-stresses-fade-873b37fc?mod=hp_major_pos1#cxrecs_s

 

THANKS!  Enjoy!  Terry in Ohio

 

From late 2018, see “Holy Lands, Egypt, Jordan, Oman, Dubai, Greece, etc.”, with many visuals, details and ideas for the historic and scenic Middle East. Now at 21,764 views.  Connect at:

www.boards.cruisecritic.com/topic/2607054-livenautica-greece-holy-lands-egypt-dubai-terrypix’s/

 

From the Wall Street Journal, here are the stock charts for the three major cruise lines during the most recent five trading days.  Wednesday morning, especially for Carnival and Norwegian, saw very dramatic and significant drops.  During the rest of the week, things stay down and/or flat.  Will next week bring a "bounce back"?:

(Open your screen/viewer wider to see these visuals larger/better!)

 

 

 

From the Wall Street Journal, here is their chart for Royal Caribbean since the first of  this year.  Things were on an upswing until mid February, but was slowly sliding downward since that point.: 

[TLCOhio]

From the Wall Street Journal, below are their charts for the performance of the three major cruise lines during this past week.  Not all positive.  Some ups and downs!  

 

Also, shown below is a comparison for Royal Caribbean versus the S&P 500 Index during the past month.  RCL was not exactly matching the ups and downs for the overall, broader market.  

 

Other reactions, comparisons, predictions for the cruise lines and the overall stock market?  Don't be shy?  Who has a good Crystal Ball to predict the financial future?

 

THANKS!  Enjoy!  Terry in Ohio

 

Summer 2019 Calgary, Jasper/Banff National Parks, Western Canada Rocky Mountaineer rail adventure, Vancouver, sailing up to Alaska on Silver Muse, post-cruise excursion to Denali, etc.  Many visuals, Our firsts in these scenic areas!  Now at 19,071 views. Live/blog: 

https://boards.cruisecritic.com/topic/2682584-live-terryohio-silver-muse-alaska-canadarockies-pix’s/

 

From the Wall Street Journal, below are the stock charts for the three major cruise lines during the most recent week's trading.  Generally downward on Wednesday and Thursday, but some up movement on Friday.  Next week?  Next month?:

(Open your screen/viewer wider to see these visuals larger/better!)

 

 

 

From the Wall Street Journal, here is a comparison for how Royal Caribbean performed compared to the overall, broader S&P 500 Index during this past month.  Quite a contrast?  Not matched for up and down movements?:

 

[highplanesdrifters]

17 hours ago, TLCOhio said:

Don't be shy?  Who has a good Crystal Ball to predict the financial future?

Vix under 17. Time to buy it?

[TLCOhio]

On 4/23/2023 at 12:56 AM, highplanesdrifters said:

Vix under 17. Time to buy it?

 

Had not been familiar with Vix.  It is up, UP near $19 today.  If that hot??  But when I researched to learn more, I found this: "VIX ETFs are highly risky, but when traded carefully, they can prove to be lucrative."   True or not?  Not sure my wife is comfortable with that type of "investing". Should I tell her otherwise? 

 

From the Wall Street Journal this afternoon, they had the below chart for Royal Caribbean.  The past two days for RCL and many other stocks, things have not been good and positive.  Early Monday am, Royal Caribbean was at $63.20.  Now down to $60.39.  That's a drop of nearly $3 a share in just two trading days.  The other two major cruise lines were down also.  

 

THANKS!  Enjoy!  Terry in Ohio

 

 

 

 

 

[TLCOhio]

WOW!!  Friday was an amazing upswing for cruise stocks in general and especially for Royal Caribbean.    

 

From the Wall Street Journal late Friday, below are the charts for the three major cruise lines.  Will be looking for any reporting to explain this major, positive upswing for the three major cruises, especially with Royal Caribbean. Any guesses and speculation as to why and how?  The overall market was up on Friday, but not to that major of a degree.

 

THANKS!  Enjoy!  Terry in Ohio

 

Early 2020, many visuals and details from New Zealand/South Pacific in going from Auckland to French Polynesia.  This includes Bora Bora, Fiji, NZ experiences, etc:  Live/blog;

https://boards.cruisecritic.com/topic/2735732-live-terryohio-“new”-regatta-south-pacificnz-pix’s/

 

From the Wall Street Journal, below are the stock charts for the three major cruise lines during the most recent week's trading.  Big movements up, UP on Friday.  Why?:

(Open your screen/viewer wider to see these visuals larger/better!)

 

 

[TLCOhio]

This morning at 10 am, Norwegian cruise executives will face stock analysts for questions about their quarterly report.  I plan to tune in, listen and will try to report back later today.  

 

From MSN News and Barrons, the financial news website, this morning, they had this headline: “Norwegian Cruise Line Sails Past Estimates. The Stock Is Up.” with these highlights: “Norwegian Cruise Line stock was on the rise early Monday after the cruise operator reported a narrower-than-expected loss for its first quarter and beat on revenue.  Norwegian Cruise posted first-quarter total revenue of $1.8 billion, soaring past the $522 million recorded in the year-ago quarter 'due to the phased ramp up of cruise voyages.'  Analysts had expected revenue of $1.7 billion. The company’s adjusted loss of 30 cents a share was better than the anticipated 42 cents a share, according to FactSet.  The company said revenue per passenger cruise day—an industry metric—rose about 17.5% on a reported basis compared to the same period in 2019.”

 

Good news?  More revenue, but still losing money?  How much longer to be dealing with red ink and needing to pay off major mega billions of dollars in loans?

 

Full story at:

https://www.msn.com/en-us/travel/news/norwegian-cruise-line-sails-past-estimates-the-stock-is-up/ar-AA1aAznp

 

THANKS!  Enjoy!  Terry in Ohio   

 

Barcelona/Med: June 2011, with stops in Villefranche, ports near Pisa and Rome, Naples, Kotor, Venice and Dubrovnik. Great visuals with key highlights, tips, etc. Live/blog now at 256,295 views.

https://boards.cruisecritic.com/topic/1362155-solstice-livefirst-timer-reportspix’s-italycroatian-june-7-19/