MeHeartCruising Posted May 7, 2020 #1 Share Posted May 7, 2020 Frank Del Rio says... "Norwegian Cruise Line Holdings' $3.5 billion in cash on hand will be enough to bankroll the company for "at least 18 months" without any new revenue, chief executive Frank Del Rio said Thursday." Link to article 1 Link to comment Share on other sites More sharing options...
Rare Ilikebigboats Posted May 7, 2020 #2 Share Posted May 7, 2020 Thanks for the link, this gives me hope that I will get my cancelled cruise refund. 1 Link to comment Share on other sites More sharing options...
spanishguy1970 Posted May 7, 2020 #3 Share Posted May 7, 2020 1 hour ago, MeHeartCruising said: Frank Del Rio says... "Norwegian Cruise Line Holdings' $3.5 billion in cash on hand will be enough to bankroll the company for "at least 18 months" without any new revenue, chief executive Frank Del Rio said Thursday." Link to article good, i guess my cruise next certificates will still work. I won't be cruising anytime soon though LOL Link to comment Share on other sites More sharing options...
Comi.uy Posted May 7, 2020 #4 Share Posted May 7, 2020 Good news! Link to comment Share on other sites More sharing options...
travelhound Posted May 7, 2020 #5 Share Posted May 7, 2020 2 hours ago, MeHeartCruising said: Frank Del Rio says... "Norwegian Cruise Line Holdings' $3.5 billion in cash on hand will be enough to bankroll the company for "at least 18 months" without any new revenue, chief executive Frank Del Rio said Thursday." Link to article Frank is going to be on CNBC Mad Money tonight Link to comment Share on other sites More sharing options...
Rare Georgia_Peaches Posted May 7, 2020 #6 Share Posted May 7, 2020 Guess that's why NCLH stock rose a bit today...not much, mind you...but green is better than red. Link to comment Share on other sites More sharing options...
Formula280SS Posted May 7, 2020 #7 Share Posted May 7, 2020 2 hours ago, MeHeartCruising said: Frank Del Rio says... "Norwegian Cruise Line Holdings' $3.5 billion in cash on hand will be enough to bankroll the company for "at least 18 months" without any new revenue, chief executive Frank Del Rio said Thursday." Link to article 7 minutes ago, Georgia_Peaches said: Guess that's why NCLH stock rose a bit today...not much, mind you...but green is better than red. Great news for CRUISERS. RE: NCLH stock, when one factors in the cost of debt and then the issuance's of common stock and convertible debt, both updated today, NCLH is a fools stock at this PPS. Seriously, pre-commons dilution is massive. The 52 week high should be divided by 4 or so for a diluted-adjusted forward 52 week high. Not much more than the 25% premium on the convertible debt to commons over the $11 for the commons just issued. Long and short of it? NCLH today is almost at its' 52 week high. Does that make sense? No to the average person. Taking a look at the daily share trade volume the stock is being shorted and churned to legendary (Wells Fargo 2008 and other banks) proportions. Great news for CRUISERS (and those either making deposits on future cruises or those choosing FCC or cash on cancelled cruises. NICE. Link to comment Share on other sites More sharing options...
mnsweeps Posted May 7, 2020 #8 Share Posted May 7, 2020 50% of it are deposits of cancelled cruises.. LOL Link to comment Share on other sites More sharing options...
Rare Georgia_Peaches Posted May 7, 2020 #9 Share Posted May 7, 2020 1 minute ago, Formula280SS said: RE: NCLH stock, when one factors in the cost of debt and then the issuance's of common stock and convertible debt, both updated today, NCLH is a fools stock at this PPS. Seriously, pre-commons dilution is massive. The 52 week high should be divided by 4 or so for a diluted-adjusted forward 52 week high. Not much more than the 25% premium on the convertible debt to commons over the $11 for the commons just issued. Long and short of it? NCLH today is almost at its' 52 week high. Does that make sense? No to the average person. Taking a look at the daily share trade volume the stock is being shorted and churned to legendary (Wells Fargo 2008 and other banks) proportions. Great explanation, thank you! While I got rid of my stock a while ago, I like to monitor it...just to see what happens. Wish I knew more but I continue to learn from post like these. Link to comment Share on other sites More sharing options...
Roger88 Posted May 7, 2020 #10 Share Posted May 7, 2020 The prices will go up and down this year so you might either get super lucky with all your stocks you lose money one day. Especially with oil prices keep dropping and ships not operating I dont see a single reason for the prices of those stocks to go up. Link to comment Share on other sites More sharing options...
deliver42 Posted May 7, 2020 #11 Share Posted May 7, 2020 I hope it's true for the 18 month period.I believe that cruising will start in earnest by that time, and all the cruise lines can begin to recover. Link to comment Share on other sites More sharing options...
Formula280SS Posted May 7, 2020 #12 Share Posted May 7, 2020 8 minutes ago, Georgia_Peaches said: Great explanation, thank you! While I got rid of my stock a while ago, I like to monitor it...just to see what happens. Wish I knew more but I continue to learn from post like these. Thanks. Seen this before. Here's the volume of recent trades. Note, current Common Share Outstanding 213,000,000. Churning and Shorting (Intra-Day and Future Shares) 1 Link to comment Share on other sites More sharing options...
Gershep Posted May 7, 2020 #13 Share Posted May 7, 2020 That's good news. Link to comment Share on other sites More sharing options...
casofilia Posted May 8, 2020 #14 Share Posted May 8, 2020 Great news for those of us with cruises booked in the middle distant future. Link to comment Share on other sites More sharing options...
Rare Stealthdog Posted May 8, 2020 #15 Share Posted May 8, 2020 This is horrible news for the handful that appear to have been hoping for bankruptcy and the end of the cruise industry. Don’t know why they are on these forums when almost all their posts seem to like that. For the rest of us, this and Carnivals securement of cash from the Saudis is great news. 2 of the 3 now appear to be able to withstand hardship for the next 1-2 years. Link to comment Share on other sites More sharing options...
Love my butler Posted May 8, 2020 #16 Share Posted May 8, 2020 Hopefully I will get my refunds in the next 18 months.... For my convenience of course..... 1 Link to comment Share on other sites More sharing options...
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