franktown Posted December 11, 2020 #26 Share Posted December 11, 2020 (edited) Carnival doesn't pay it out. They do not buy the stock when you sell other investors or institutions buy the stock. That what stock exchanges are for. They match buyers with sellers. Edited December 11, 2020 by franktown add 1 Link to comment Share on other sites More sharing options...
Potstech Posted December 11, 2020 #27 Share Posted December 11, 2020 (edited) Yes but they use the money generated by stock sales and if large blocks of stock hits the market in a short time then that price drops. And their sale to others would not be immediate. So would there be buyers for 77.5 million shares that are up for sale at the current price of $22.00+. Doubt it. Edited December 11, 2020 by Potstech Link to comment Share on other sites More sharing options...
caribill Posted December 11, 2020 #28 Share Posted December 11, 2020 3 hours ago, Potstech said: Yes but they use the money generated by stock sales and if large blocks of stock hits the market in a short time then that price drops. And their sale to others would not be immediate. CCL Corp is not involved at all when shares of stock are sold/brought on a stock exchange. CCL Corp is only involved when they do a stock buyback or issue new shares. 1 Link to comment Share on other sites More sharing options...
Grego Posted December 11, 2020 #29 Share Posted December 11, 2020 We actually added to our current shares of CCL stock during the early days of the pandemic....not a great financial move since it dipped big time after that, but we felt better for it. Link to comment Share on other sites More sharing options...
PaperSniper4 Posted December 11, 2020 #30 Share Posted December 11, 2020 (edited) 17 minutes ago, Grego said: We actually added to our current shares of CCL stock during the early days of the pandemic....not a great financial move since it dipped big time after that, but we felt better for it. This will make you feel better....I bought my 100 shares a few years ago at around 60!😪 Edited December 11, 2020 by PaperSniper4 Link to comment Share on other sites More sharing options...
Potstech Posted December 11, 2020 #31 Share Posted December 11, 2020 13 hours ago, caribill said: CCL Corp is not involved at all when shares of stock are sold/brought on a stock exchange. CCL Corp is only involved when they do a stock buyback or issue new shares. So then why do they sell stock if they get no monetary benefit from it? 1 Link to comment Share on other sites More sharing options...
franktown Posted December 11, 2020 #32 Share Posted December 11, 2020 8 minutes ago, Potstech said: So then why do they sell stock if they get no monetary benefit from it? They do not sell most stock that purchase through your broker. The stock you purchase is from people who bought Carnival stock previously and have decide they want to sell for one of many reason. When Carnival went from a private company to a public company they sold stock to investor who wanted to own part of the company. Occasionally they will sell additional shares to raise capital. They did that recently. 1 Link to comment Share on other sites More sharing options...
caribill Posted December 11, 2020 #33 Share Posted December 11, 2020 19 minutes ago, Potstech said: So then why do they sell stock if they get no monetary benefit from it? The stock you see being sold every day on the stock exchange is being sold by individuals and investment firms, not by CCL Corp. CCL Corp. does not receive any money from these sales. Periodically, CCL Corp. will, as they did recently, sell new shares from which they received the proceeds. These sales do not show up on the stock exchange but the new holders of this new stock could end up selling those shares on the stock exchange sooner or later, with the proceeds from those sales going to the individuals/investment firms. Link to comment Share on other sites More sharing options...
Grego Posted December 12, 2020 #34 Share Posted December 12, 2020 23 hours ago, PaperSniper4 said: This will make you feel better....I bought my 100 shares a few years ago at around 60!😪 We were lucky to have purchased our original 100 shares at $30 and enjoyed the ride and all the SHB until this year. Don't forget the dividend as well. 1 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted December 12, 2020 #35 Share Posted December 12, 2020 4 hours ago, Grego said: We were lucky to have purchased our original 100 shares at $30 and enjoyed the ride and all the SHB until this year. Don't forget the dividend as well. When we bought ours I think it was either $33 or $34. And wasn't it nice when the dividend doubled. Link to comment Share on other sites More sharing options...
cruiser man Posted December 14, 2020 #36 Share Posted December 14, 2020 Hi Everyone, Does anyone know if you can get investor OBC if you are booked under a casino discounted rate? Link to comment Share on other sites More sharing options...
mitchella51 Posted December 14, 2020 #37 Share Posted December 14, 2020 Where can I find the official form on my booking or does anyone have a link or copy of the form. Link to comment Share on other sites More sharing options...
Astro Flyer Posted December 14, 2020 #38 Share Posted December 14, 2020 3 hours ago, mitchella51 said: Where can I find the official form on my booking or does anyone have a link or copy of the form. This is the most recent copy of the request form which isn’t required to be used but does explain how to apply. This has contact information for the US, CA & UK but don’t know where to apply in AU. Recently there were posts with an email address for the US to submit requests: sbpcl@princesscruises.com Shareholder Benefit Request Form.pdf 1 Link to comment Share on other sites More sharing options...
Ombud Posted December 14, 2020 #39 Share Posted December 14, 2020 On 12/11/2020 at 5:45 AM, PaperSniper4 said: This will make you feel better....I bought my 100 shares a few years ago at around 60!😪 Ouch. I bought at 56, dividends + OBC of 1300, sold at 14 bringing that lot to a 29 per share loss ..... repurchased 300 at 8.73 -- sold 100 @ 16.21 / 100 @ 17.74 / my net is 21.24 so I'm FINALLY even. I know that's not how I should view it but I do. No idea how wash sale rules factor in. Waited 30 days before buying back in ... Already 'supposedly' have 400 OBC if ships sail Link to comment Share on other sites More sharing options...
cjmayes51 Posted December 14, 2020 #40 Share Posted December 14, 2020 On 12/10/2020 at 10:28 PM, Potstech said: There are also plenty who bought shares just for the OBC. If just 10% decide to sell that is 77.5 million shares at current price per share. Can Carnival afford to pay that amount of money out along with taking a hit on share price? Not likely these days. Just noticed today- 12/14/20 that there was 54.4 million shares of Carnival stock sold on a normal day. I purchased years ago for my retirement fund, but haven’t sailed any Carnival Corp. ships since 2000- Disney & Celebrity for last 20 years. We do have a 28 day trans-pacific scheduled on Princess in 2022 though. I doubt if most cruisers who look forward to this benefit have more than a few hundred shares. Charlie Link to comment Share on other sites More sharing options...
cjmayes51 Posted December 14, 2020 #41 Share Posted December 14, 2020 (edited) On 12/10/2020 at 10:28 PM, Potstech said: There are also plenty who bought shares just for the OBC. If just 10% decide to sell that is 77.5 million shares at current price per share. Can Carnival afford to pay that amount of money out along with taking a hit on share price? Not likely these days. Sorry duplicated post Edited December 14, 2020 by cjmayes51 Link to comment Share on other sites More sharing options...
PaperSniper4 Posted December 15, 2020 #42 Share Posted December 15, 2020 17 hours ago, Ombud said: .....I know that's not how I should view it but I do. ..... Nothing wrong with that!😎 Link to comment Share on other sites More sharing options...
Cafedumonde Posted January 20, 2021 #43 Share Posted January 20, 2021 On 12/3/2020 at 7:25 PM, maggie777 said: The email is.....sbpcl@princesscruises.com Thank you for this email contact. I just sent the info an hour ago and it is already on our account! We have previously mailed it and it took a couple of weeks. 1 Link to comment Share on other sites More sharing options...
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