2aprilbabies Posted March 18, 2023 #1 Share Posted March 18, 2023 (edited) We are set to sail on a Carnival ship this summer. I saw a few posts about the shareholder benefits, and with the stock price so low, it seems like a smart gamble. We would probably just buy the 100 shares and get $50 OBC right away for the planned cruise. However, I just looked at Carnival's Shareholder Benefit page and it says reservations had to be made by 2/28/23 for sailings through 7/31/23. We just booked our cruise so does that mean it wouldn't apply to us? Are they no longer offering the shareholder benefit? Also, we booked two cabins for our sailing. If they are still offering the OBC, does that mean we could get it for both cabins or just one? Edited March 18, 2023 by 2aprilbabies Link to comment Share on other sites More sharing options...
lostsoulcruiser Posted March 18, 2023 #2 Share Posted March 18, 2023 I just looked at the page and the ***/23 dates are now ***/24. This is a benefit that gets renewed annually so I do not know when the dates changed but they are still offering this benefit at least thru July 2024. Applicability is only to one cabin, the shareholder of record. Below is a quote from the shareholder benefit document: The benefit is applicable on sailings through July 31, 2024 aboard the brands listed below. Certain restrictions apply. Applications to receive these benefits should be made at least three weeks prior to cruise departure date. Not sure when your cruise is leaving, but you have some time if you buy this week. You could your March brokerage statement to apply for the benefit. In my opinion, I am not sure it is wise to pay approximately $900 dollars (based on friday's market price) for 100 shares to get $50 obc. Buy the stock because you think it will recover somewhat from the pandemic. 4 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 18, 2023 #3 Share Posted March 18, 2023 For decades the benefit has been renewed every year. 2 Link to comment Share on other sites More sharing options...
Rare ninjacat123 Posted March 18, 2023 #4 Share Posted March 18, 2023 I got my shareholder's credit 3 days after I emailed it in. 2 Link to comment Share on other sites More sharing options...
crooooze Posted March 18, 2023 #5 Share Posted March 18, 2023 1 hour ago, lostsoulcruiser said: I just looked at the page and the ***/23 dates are now ***/24. This is a benefit that gets renewed annually so I do not know when the dates changed but they are still offering this benefit at least thru July 2024. Where’d you see this? I’m still only seeing it for cruises through July 2023 1 Link to comment Share on other sites More sharing options...
crooooze Posted March 18, 2023 #6 Share Posted March 18, 2023 7 minutes ago, crooooze said: Where’d you see this? I’m still only seeing it for cruises through July 2023 Wait nevermind. Found it in the 2022 annual report. Thanks 2 Link to comment Share on other sites More sharing options...
2aprilbabies Posted March 18, 2023 Author #7 Share Posted March 18, 2023 1 hour ago, lostsoulcruiser said: In my opinion, I am not sure it is wise to pay approximately $900 dollars (based on friday's market price) for 100 shares to get $50 obc. Buy the stock because you think it will recover somewhat from the pandemic. We've cruised Carnival before and I considered it in the past, but never went through with the purchase because the stock price was so much higher then. I know there is always a risk with stocks, but it seems like occupancy rates are pretty good these days and I would imagine that would translate into a better financial picture. The OBC is just a bit of a motivator to consider purchasing sooner rather than later. 2 Link to comment Share on other sites More sharing options...
windsor26 Posted March 19, 2023 #8 Share Posted March 19, 2023 If you cruise a lot and use all Carnival companies it is worth buying stock just the `100 shares Since 2009 I have had my money back (1400 sterling pounds) about 7 times and still have the shares which - of course have lost value at present - but will bounce back eventually and I still have the value of th4e shares whenever I need to sell them it is a win win situation and at present the cost is half the normal one prior to covid losses 5 Link to comment Share on other sites More sharing options...
Rare BermudaBound2014 Posted March 19, 2023 #9 Share Posted March 19, 2023 CCL release first quarter on Tuesday. I suggest you take that into any purchase considerations. 2 Link to comment Share on other sites More sharing options...
Pika8347 Posted March 19, 2023 #10 Share Posted March 19, 2023 2 hours ago, windsor26 said: If you cruise a lot and use all Carnival companies it is worth buying stock just the `100 shares Since 2009 I have had my money back (1400 sterling pounds) about 7 times and still have the shares which - of course have lost value at present - but will bounce back eventually and I still have the value of th4e shares whenever I need to sell them it is a win win situation and at present the cost is half the normal one prior to covid losses Smart Man! Link to comment Share on other sites More sharing options...
ray98 Posted March 19, 2023 #11 Share Posted March 19, 2023 Carnival is a risky investment right now. Only you can decide if laying out $900 is worth it to try for a small OBC. Bottom line, CCL is $34B in debt and still have not found a way to not lose millions a day. I don't expect the financials Tuesday to change that. Their debt load is crippling. 2 Link to comment Share on other sites More sharing options...
2aprilbabies Posted March 19, 2023 Author #12 Share Posted March 19, 2023 25 minutes ago, ray98 said: Carnival is a risky investment right now. Only you can decide if laying out $900 is worth it to try for a small OBC. Bottom line, CCL is $34B in debt and still have not found a way to not lose millions a day. I don't expect the financials Tuesday to change that. Their debt load is crippling. Good points. I'll see what Tuesday brings. Link to comment Share on other sites More sharing options...
2aprilbabies Posted March 19, 2023 Author #13 Share Posted March 19, 2023 9 hours ago, BermudaBound2014 said: CCL release first quarter on Tuesday. I suggest you take that into any purchase considerations. Good idea. Link to comment Share on other sites More sharing options...
mz-s Posted March 19, 2023 #14 Share Posted March 19, 2023 The thing with buying individual stocks is you could lose your entire investment the next day. As long as you’re okay with that possibility, knock yourself out and enjoy the shareholder benefits as long as the last! 1 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 19, 2023 #15 Share Posted March 19, 2023 4 hours ago, mz-s said: The thing with buying individual stocks is you could lose your entire investment the next day. As long as you’re okay with that possibility, knock yourself out and enjoy the shareholder benefits as long as the last! or you could invest in crypto or been invested in one of the banks that have failed recently. I'll receive at least $850 in shareholder OBC this year, and my stock long ago paid for itself. Carnival Corp isn't going to disappear. Carnival has more cash on hand than RCL and NCL combined. They are masters at financing. At least Carnival had the vision to arrange for a new revolving credit facility before the latest banking crisis. https://www.prnewswire.com/news-releases/carnival-corporation--plc-announces-arrangement-of-new-forward-starting-2-1-billion-revolving-credit-facility-301759157.html 2 Link to comment Share on other sites More sharing options...
Rare ninjacat123 Posted March 19, 2023 #16 Share Posted March 19, 2023 31 minutes ago, BlerkOne said: or you could invest in crypto or been invested in one of the banks that have failed recently. I'll receive at least $850 in shareholder OBC this year, and my stock long ago paid for itself. Carnival Corp isn't going to disappear. Carnival has more cash on hand than RCL and NCL combined. They are masters at financing. At least Carnival had the vision to arrange for a new revolving credit facility before the latest banking crisis. https://www.prnewswire.com/news-releases/carnival-corporation--plc-announces-arrangement-of-new-forward-starting-2-1-billion-revolving-credit-facility-301759157.html Since the restart, I have received $500 in Stockholder credit.👍 2 Link to comment Share on other sites More sharing options...
mz-s Posted March 19, 2023 #17 Share Posted March 19, 2023 51 minutes ago, BlerkOne said: or you could invest in crypto or been invested in one of the banks that have failed recently. I'll receive at least $850 in shareholder OBC this year, and my stock long ago paid for itself. Carnival Corp isn't going to disappear. Carnival has more cash on hand than RCL and NCL combined. They are masters at financing. At least Carnival had the vision to arrange for a new revolving credit facility before the latest banking crisis. https://www.prnewswire.com/news-releases/carnival-corporation--plc-announces-arrangement-of-new-forward-starting-2-1-billion-revolving-credit-facility-301759157.html I don’t generally put money into individual stocks or securities like $CCL or BTC. Everyone should invest in what they feel comfortable with and what works for them. Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 19, 2023 #18 Share Posted March 19, 2023 41 minutes ago, ninjacat123 said: Since the restart, I have received $500 in Stockholder credit.👍 $650 since the restart and not one was denied. 1 Link to comment Share on other sites More sharing options...
Rare ninjacat123 Posted March 19, 2023 #19 Share Posted March 19, 2023 7 minutes ago, BlerkOne said: $650 since the restart and not one was denied. Not one was denied to me either, but I don't get casino rates. Having said that, I got a rate for 7 days on MG for $65/person and I grabbed it! Still got my shareholder credit😁 1 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted March 19, 2023 #20 Share Posted March 19, 2023 6 hours ago, mz-s said: The thing with buying individual stocks is you could lose your entire investment the next day. As long as you’re okay with that possibility, knock yourself out and enjoy the shareholder benefits as long as the last! But you would then get a tax write off for your capital loss. Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 19, 2023 #21 Share Posted March 19, 2023 (edited) 2 minutes ago, ontheweb said: But you would then get a tax write off for your capital loss. If you hold over a year for long term. Edited March 19, 2023 by BlerkOne Link to comment Share on other sites More sharing options...
mz-s Posted March 19, 2023 #22 Share Posted March 19, 2023 1 minute ago, ontheweb said: But you would then get a tax write off for your capital loss. reminds me of seinfeld every time I hear about write offs. I’d rather not lose the money to begin with! 1 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 19, 2023 #23 Share Posted March 19, 2023 Just now, mz-s said: reminds me of seinfeld every time I hear about write offs. I’d rather not lose the money to begin with! How many gamblers say that? Link to comment Share on other sites More sharing options...
Rare ontheweb Posted March 19, 2023 #24 Share Posted March 19, 2023 2 minutes ago, BlerkOne said: If you hold over a year for long term. Still a loss if less than a year, a short term loss. It's still a write off. Link to comment Share on other sites More sharing options...
mz-s Posted March 19, 2023 #25 Share Posted March 19, 2023 Just now, BlerkOne said: How many gamblers say that? if I had a dollar every time I’ve heard “this is my last hand” at the fun21 table I wouldn’t have to gamble! Link to comment Share on other sites More sharing options...
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