Rare ontheweb Posted March 19, 2023 #26 Share Posted March 19, 2023 2 minutes ago, mz-s said: reminds me of seinfeld every time I hear about write offs. I’d rather not lose the money to begin with! No one would dispute that, I was just saying not a total 100% loss. 1 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 19, 2023 #27 Share Posted March 19, 2023 11 minutes ago, ontheweb said: Still a loss if less than a year, a short term loss. It's still a write off. Either way, I have already received my original investment back so have lost nothing. 3 Link to comment Share on other sites More sharing options...
Lee Cruiser Posted March 19, 2023 #28 Share Posted March 19, 2023 3 hours ago, BlerkOne said: 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. I'm guessing that the original poster and most others on here don't cruise that many times in a 4 year period, much less one. It's definitely good for people who cruise as often as you, but maybe not for the person that cruises once or twice per year. 2 Link to comment Share on other sites More sharing options...
Lee Cruiser Posted March 19, 2023 #29 Share Posted March 19, 2023 8 hours 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. Exactly. Not to mention the total number of Carnival stock shares increased by nearly 50% over the course of the last three years. The total value (which has decreased significantly because of debt) is now diluted much more than early 2020. No one should expect the value of each share of the stock to increase to anywhere near what it was back then anytime in the next several years, probably for the next decade or more. 2 Link to comment Share on other sites More sharing options...
Mavrick_RN Posted March 19, 2023 #30 Share Posted March 19, 2023 (edited) As previously stated, don't buy this stock for the actual investment. If you cruise a lot or take longer cruises (We got $250 OBC for a 16 day cruise) that's where the pay off is. No matter what the stock market does, as long as you cruise Carnival, you win. Of course, no one is absolutely certain of the future so we assume Carnival stays in business and continues stockholder benefit, a calculated risk. We take a calculated risk like this every time we fly or drive to the cruise port. The vast majority of us make it and have a splendid holiday! And it's reuseable. EVERYTIME you cruise you can use that one stock purchase to get OBC. Buy now while it's cheap. Edited March 19, 2023 by Mavrick_RN 9 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 19, 2023 #31 Share Posted March 19, 2023 It goes without saying that anyone who takes stock advice from a cruise board deserve to lose. YMMV. 2 2 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted March 19, 2023 #32 Share Posted March 19, 2023 1 hour ago, BlerkOne said: Either way, I have already received my original investment back so have lost nothing. So now you do not care if they survive or go bankrupt? 🤣🤣🤣 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 19, 2023 #33 Share Posted March 19, 2023 35 minutes ago, ontheweb said: So now you do not care if they survive or go bankrupt? 🤣🤣🤣 Carnival will be around long after I'm gone. I'm going to ride that ship to the end, but not more than 100 shares at a time. 3 Link to comment Share on other sites More sharing options...
Rare ninjacat123 Posted March 19, 2023 #34 Share Posted March 19, 2023 8 minutes ago, BlerkOne said: Carnival will be around long after I'm gone. I'm going to ride that ship to the end, but not more than 100 shares at a time. I bought enough shares so I can gift 100 shares to each of my DDs. They're going to be Platinum this January😁 2 Link to comment Share on other sites More sharing options...
Rare EngIceDave Posted March 19, 2023 #35 Share Posted March 19, 2023 43 minutes ago, BlerkOne said: It goes without saying that anyone who takes stock advice from a cruise board deserve to lose. YMMV. I agree with this, but I also like what Warren Buffett has said over the years, paraphrasing, "Invest in products and companies you use and enjoy." Avoid waves....but just like cruising, you can't avoid them so you just power through. Stay in your lane....Don't invest in things you don't know about or confuse you, like Bitcoin, bacon futures or tech. 1 Link to comment Share on other sites More sharing options...
Rare Honolulu Blue Posted March 20, 2023 #36 Share Posted March 20, 2023 14 hours ago, ontheweb said: you would then get a tax write off for your capital loss. Not if it's inside a retirement account like my CCL shares are. I don't think of my shares as an investment. I think of them as a bond or a preferred stock with an occasional nontaxable dividend and a possible equity kicker. 1 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted March 20, 2023 #37 Share Posted March 20, 2023 13 hours ago, BlerkOne said: Carnival will be around long after I'm gone. I'm going to ride that ship to the end, but not more than 100 shares at a time. If you are so bullish on Carnival, why own only 100 shares? 2 Link to comment Share on other sites More sharing options...
4hunters Posted March 20, 2023 #38 Share Posted March 20, 2023 16 hours ago, mz-s said: reminds me of seinfeld every time I hear about write offs. I’d rather not lose the money to begin with! 2 Link to comment Share on other sites More sharing options...
mistyinca Posted March 20, 2023 #39 Share Posted March 20, 2023 My husband owns 100 shares, and I think we've redeemed this now 3 times since the reboot. My question is, if I buy 100 shares as well, and we both have it, can we each get the $100 obc for a total of $200 on a 7-day cruise? 1 Link to comment Share on other sites More sharing options...
john91498 Posted March 20, 2023 #40 Share Posted March 20, 2023 (edited) 6 minutes ago, mistyinca said: My husband owns 100 shares, and I think we've redeemed this now 3 times since the reboot. My question is, if I buy 100 shares as well, and we both have it, can we each get the $100 obc for a total of $200 on a 7-day cruise? No, unless both of you get different cabins Edited March 20, 2023 by john91498 2 Link to comment Share on other sites More sharing options...
mz-s Posted March 20, 2023 #41 Share Posted March 20, 2023 5 minutes ago, mistyinca said: My husband owns 100 shares, and I think we've redeemed this now 3 times since the reboot. My question is, if I buy 100 shares as well, and we both have it, can we each get the $100 obc for a total of $200 on a 7-day cruise? Read the shareholder credit documentation, it is very comprehensive and clearly written. Link to comment Share on other sites More sharing options...
thomasale Posted March 20, 2023 #42 Share Posted March 20, 2023 9 minutes ago, mz-s said: Read the shareholder credit documentation, it is very comprehensive and clearly written. https://www.carnivalcorp.com/static-files/50351a91-4dc0-4f6b-bfec-684647e6129f Link to comment Share on other sites More sharing options...
mz-s Posted March 20, 2023 #43 Share Posted March 20, 2023 5 minutes ago, thomasale said: https://www.carnivalcorp.com/static-files/50351a91-4dc0-4f6b-bfec-684647e6129f This is the latest version, showing it is valid through 2024: https://www.carnivalcorp.com/static-files/bc1b7f04-a3e8-4176-91ac-a529290fe45d But otherwise I believe it's exactly the same. 1 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 20, 2023 #44 Share Posted March 20, 2023 5 hours ago, ontheweb said: If you are so bullish on Carnival, why own only 100 shares? Bullish is a word I think might apply to you more than me. Link to comment Share on other sites More sharing options...
Rare ontheweb Posted March 20, 2023 #45 Share Posted March 20, 2023 2 hours ago, BlerkOne said: Bullish is a word I think might apply to you more than me. 🤣🤣🤣How did you know I was a Taurus. I think just a lucky guess .🤣🤣🤣 1 Link to comment Share on other sites More sharing options...
Rare BermudaBound2014 Posted March 20, 2023 #46 Share Posted March 20, 2023 Seems to me, anyone truly bullish on CCL should be loading up right about now. 1 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 20, 2023 #47 Share Posted March 20, 2023 2 hours ago, BermudaBound2014 said: Seems to me, anyone truly bullish on CCL should be loading up right about now. Is anyone truly bullish on any stock right now? A fool and their money. 1 Link to comment Share on other sites More sharing options...
Arizona Sunshine Posted March 21, 2023 #48 Share Posted March 21, 2023 15 hours ago, BermudaBound2014 said: Seems to me, anyone truly bullish on CCL should be loading up right about now. Seems to me, anyone truly bullish on CCL must be loaded right about now. FTFY 1 Link to comment Share on other sites More sharing options...
mrspdp Posted March 25, 2023 #49 Share Posted March 25, 2023 On 3/19/2023 at 11:01 AM, 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 On 3/19/2023 at 11:01 AM, 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 just saw that ”facility” today. It also seems to me with the individual stockholders financing them a little bit,anyway, it is more valuable than the onboard credit they give. Probably a lot of stock holders would stop sailing Carnival if they stopped the OBC just upon principal. 1 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted March 25, 2023 #50 Share Posted March 25, 2023 9 minutes ago, mrspdp said: I just saw that ”facility” today. It also seems to me with the individual stockholders financing them a little bit,anyway, it is more valuable than the onboard credit they give. Probably a lot of stock holders would stop sailing Carnival if they stopped the OBC just upon principal. I doubt most Carnival cruisers own Carnival stock. Stock purchase benefits Corporate somewhat, but I'm not sure any goes directly to cruise lines. OTOH, deposits (shareholder or not) might. It seems to me the OBC, if used, might end up effectively being a transfer from corporate to the individual cruise lines. Link to comment Share on other sites More sharing options...
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