Rare ziggyuk Posted November 18, 2020 #1 Share Posted November 18, 2020 Not seen this posted: (NCLH), the smallest of the major U.S. cruise companies, said in a release Tuesday that its offering involves 40 million shares at $20.80, totaling roughly $830 million. A company spokesman said Wednesday morning that it planned to use it for “general corporate purposes.” Norwegian’s monthly third-quarter cash burn averaged about $150 million. https://www.barrons.com/articles/carnival-and-norwegian-cruise-line-are-selling-more-stock-51605713303 2 Link to comment Share on other sites More sharing options...
Rare BermudaBound2014 Posted November 18, 2020 #2 Share Posted November 18, 2020 My prediction is that NCL is going to merge with the RCLH group. I have no insider information, but it makes sense from multitude of different perspectives. I would not buy NCL at $20 a share. Link to comment Share on other sites More sharing options...
cruiserbear55 Posted November 19, 2020 #3 Share Posted November 19, 2020 Today NCL closed at $20.46. Link to comment Share on other sites More sharing options...
casofilia Posted November 19, 2020 #4 Share Posted November 19, 2020 I am in New Zealand and would love to hold some shares. I would be grateful if someone could tell me how I can buy them. It is NOT possible to buy overseas shares as a member of the public in NZ through a bank or a share broker. I have bank accounts in Canada in CAD and USD and an address (daughter's) in Vancouver I can use BUT I don't have a USA Social Security number nor anything similar in Canada. Mike Link to comment Share on other sites More sharing options...
sfaaa Posted November 19, 2020 #5 Share Posted November 19, 2020 Get your daughter to buy the shares for you in her name and hold them on your behalf. Link to comment Share on other sites More sharing options...
Rare ziggyuk Posted November 19, 2020 Author #6 Share Posted November 19, 2020 42 minutes ago, casofilia said: I am in New Zealand and would love to hold some shares. I would be grateful if someone could tell me how I can buy them. It is NOT possible to buy overseas shares as a member of the public in NZ through a bank or a share broker. I have bank accounts in Canada in CAD and USD and an address (daughter's) in Vancouver I can use BUT I don't have a USA Social Security number nor anything similar in Canada. Mike Do you have links to the UK? It's very easy to buy them here, I use iWeb share dealing service who have no annual fee and just charge £5 a deal so are very well priced, iWeb are a Lloyds Bank company. When I bought US shares I had to fill in a form (W-8BEN) but other than that it was no different than buying any other shares. Link to comment Share on other sites More sharing options...
OzCanuck Posted November 19, 2020 #7 Share Posted November 19, 2020 2 hours ago, sfaaa said: Get your daughter to buy the shares for you in her name and hold them on your behalf. Tax implications for daughter. Link to comment Share on other sites More sharing options...
Topdog52 Posted November 19, 2020 #8 Share Posted November 19, 2020 Well that should bring the price down even more with this dilution. Link to comment Share on other sites More sharing options...
Trimone Posted November 19, 2020 #9 Share Posted November 19, 2020 2 hours ago, OzCanuck said: Tax implications for daughter. Got to make a profit to pay Tax 2 Link to comment Share on other sites More sharing options...
OzCanuck Posted November 19, 2020 #10 Share Posted November 19, 2020 27 minutes ago, Trimone said: Got to make a profit to pay Tax I didn’t say profit. I just said implications. Link to comment Share on other sites More sharing options...
Rare BirdTravels Posted November 20, 2020 #11 Share Posted November 20, 2020 Closed at $21.08 today. Should have bought shares at $20 (or when it was selling at $7 a share) Link to comment Share on other sites More sharing options...
Topdog52 Posted November 20, 2020 #12 Share Posted November 20, 2020 Get ready because I have a feeling once NCL cancels January sailings their stock will go down. Link to comment Share on other sites More sharing options...
HowardK Posted November 20, 2020 #13 Share Posted November 20, 2020 23 hours ago, Topdog52 said: Well that should bring the price down even more with this dilution. Yes, it is essentially a trade of debt for equity. The high within the last 5 years was around $60. I thought about getting just a few shares to hold for 12-15 years and throw in my small amount of support to a company that has provided me enjoyment over the years. Link to comment Share on other sites More sharing options...
Topdog52 Posted November 20, 2020 #14 Share Posted November 20, 2020 Look out as the dilution is bringing the stock price down today. With cancellations in the near future I wonder how far it will drop? Link to comment Share on other sites More sharing options...
Formula280SS Posted November 20, 2020 #15 Share Posted November 20, 2020 16 minutes ago, Topdog52 said: Look out as the dilution is bringing the stock price down today. With cancellations in the near future I wonder how far it will drop? Yep. If one looks at the 12/31/19 10K for the outstanding shares, adjusts for the new issuances and the convertible debt and promotional shares, for all of the big three, the dilution is massive. Then, looking at the typical stock portfolio brokerage, they always show 52-week low and 52-week high; which are generally not adjusted for the dilution. So, looking at NCLH's $60 or so 52-week high and looking at the current PPS, it's smoke. There were 235K shares I&O then. Adjusting for the above-referenced items, we're approaching twice that fully diluted. So, a $30 "high" is a per share equivalent. Then there is the monthly operating losses of $250K, and expected uptick in losses to mobilize the fleet ship by ship. It's a mess, not an investment at these prices for the reasonably prudent person. Just IMO. 1 Link to comment Share on other sites More sharing options...
Topdog52 Posted November 20, 2020 #16 Share Posted November 20, 2020 I could be wrong but I think we will see $18 before to long. Link to comment Share on other sites More sharing options...
Rare PTC DAWG Posted November 20, 2020 #17 Share Posted November 20, 2020 On 11/19/2020 at 5:48 AM, OzCanuck said: Tax implications for daughter. Only if they are sold. Link to comment Share on other sites More sharing options...
OzCanuck Posted November 20, 2020 #18 Share Posted November 20, 2020 47 minutes ago, PTC DAWG said: Only if they are sold. Or they go bankrupt. Or start paying a dividend. Link to comment Share on other sites More sharing options...
Rare BermudaBound2014 Posted November 20, 2020 #19 Share Posted November 20, 2020 "This offering raised $830 million giving the company another another five months of cash on hand." https://www.cruiseindustrynews.com/cruise-news/23920-nclh-announces-closing-of-40-000-000-ordinary-share.html 1 Link to comment Share on other sites More sharing options...
cruiserbear55 Posted November 20, 2020 #20 Share Posted November 20, 2020 19 minutes ago, BermudaBound2014 said: "This offering raised $830 million giving the company another another five months of cash on hand." https://www.cruiseindustrynews.com/cruise-news/23920-nclh-announces-closing-of-40-000-000-ordinary-share.html Please enlighten me! Does this mean that NCL sold 40,000,000 shares at $20.80 today? The closing price today was $19.99. There would be a loss of $.81 a share right off the bat! I don't get it!! Link to comment Share on other sites More sharing options...
Trimone Posted November 21, 2020 #21 Share Posted November 21, 2020 Dire Straits, who wants a share that doesn’t pay dividends? Link to comment Share on other sites More sharing options...
Rare ziggyuk Posted November 21, 2020 Author #22 Share Posted November 21, 2020 15 hours ago, Trimone said: Dire Straits, who wants a share that doesn’t pay dividends? Never been a dividend but a decent perk, one of the last shares that pays a decent perk. Link to comment Share on other sites More sharing options...
HuliHuli Posted November 22, 2020 #23 Share Posted November 22, 2020 15 hours ago, ziggyuk said: Never been a dividend but a decent perk, one of the last shares that pays a decent perk. Yeah...I've gotten two shareholder's rewards perks this year. Oh wait, those cruises were cancelled. Where do I cash-in on this perk? 🤨 Link to comment Share on other sites More sharing options...
Oak1981 Posted November 25, 2020 #24 Share Posted November 25, 2020 On 11/22/2020 at 4:17 PM, HuliHuli said: Yeah...I've gotten two shareholder's rewards perks this year. Oh wait, those cruises were cancelled. Where do I cash-in on this perk? 🤨 How do I get these perks? I bought a couple of shares about six months ago. Link to comment Share on other sites More sharing options...
Rare ColeThornton Posted November 25, 2020 #25 Share Posted November 25, 2020 6 minutes ago, Oak1981 said: How do I get these perks? I bought a couple of shares about six months ago. Scroll to the bottom of this page: http://www.nclhltdinvestor.com/ Link to comment Share on other sites More sharing options...
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