CCL's stock price

[Cruisemeister2002]

8 hours ago, Mike07 said:

 

I think we're already here... vets can no longer receive military and shareholder credit. Though a cabin with double occupancy can receive one of each or two vet credits. I don't think you could ever receive two shareholder credits though.

Do you think it's because buying 100 CCL shares has become within the means of "Ordinary" people who like myself purchased them because an outlay of, in my case, £700 isn't an enormous amount and given that cruises of I believe 14 days or above gives an OBC of £150. Therefore taking 5 cruises you would have recouped you outlay and still have the shares and that is why they, that is CCL, may look at whether a holding of 100 shares really is of benefit to the Company? Perhaps they might consider some other form of incentive or increase the stockholding to 500 shares and give a larger OBC but costing the buyer a lot more. This isn't a suggestion to them, it's just what could happen.   

[Guest ldtr]

On 10/7/2023 at 7:53 PM, SCX22 said:

 

If a cruiser can afford to cruise with Princess, really, what's a $100 or $200 OBC here or there for shareholders?  Like I said before, I doubt that that tips the scale for the average Princess cruiser/shareholder.  That type of cruiser, especially the ones that are price sensitive, will cruise with Princess regardless.  Princess prices are low to begin with, shareholder's OBC aside, for both fares and onboard amenities (i.e. Plus/Premium fare packages, shore excursions, etc.) compared to other mass market cruises lines.

 

That $100 or $200 OBC per cabin in the aggregate makes a difference for Carnival (and other cruise lines) who are drowning in their finances because of borrowing and inflation.  Hence all of the amenity cuts.

 

There is disagreement here.  All I can say is CCL/Princess employees read this board so it's OK to air your thoughts.

Again apparently CCL believes differently since the shareholder be benefit has remained intact across all of the CCL lines. So clearly they belive the benefit outweighs any cost.

 

CCL and it's cruise lines certainly have more detailed information on its costs and cruising habits of those that get the OBC.

 

As one that will sail on 7 different lines this year, including over 60 days on Princess, and 30 days on other CCL lines I can state that in our case that the value of the OBC did impact the decision that 1/3 of the 90+ days on ccl owned lines would  have gone to cruise lines owned by other companies. It is all part of cost benefit analysis.

Edited October 9, 2023 by ldtr

[Guest ldtr]

8 hours ago, richstowe said:

I don't think CCL will eliminate the shareholder and veteran benefit programs but they very well might stack them. In other words, use one or the other but not both. Some will squawk but the bad pr will be limited. RCL does this. (I'm not saying they should do so)

The veterans benefit is a cruise line decision. Some have it some do not. Lots of variance between those that have it.

 

The shareholder is a CCL decision and is consistent across all of its lines (the variance being currency)

[ontheweb]

2 hours ago, Cruisemeister2002 said:

Do you think it's because buying 100 CCL shares has become within the means of "Ordinary" people who like myself purchased them because an outlay of, in my case, £700 isn't an enormous amount and given that cruises of I believe 14 days or above gives an OBC of £150. Therefore taking 5 cruises you would have recouped you outlay and still have the shares and that is why they, that is CCL, may look at whether a holding of 100 shares really is of benefit to the Company? Perhaps they might consider some other form of incentive or increase the stockholding to 500 shares and give a larger OBC but costing the buyer a lot more. This isn't a suggestion to them, it's just what could happen.   

Why alienate those who already own 100 shares? It is a marketing tool that costs them next to nothing. There is no reason to change it.

[Mike07]

3 hours ago, Cruisemeister2002 said:

Do you think it's because buying 100 CCL shares has become within the means of "Ordinary" people who like myself purchased them because an outlay of...

 

 

I think it's safe for us peons. Though, I will say if RCI, NCL, or CCL begin to remove or significantly lesson the benefit, the others seem to follow if the PR isn't too bad. They're almost all in collusion with each other (in layman's terms, not the legal and actionable version).

 

That being said, if they remove the benefit, what are you going to do? Not cruise anymore? I think for the most part, people spend the benefit on shore excursions, gratuities, gift shop, specialty dining, etc. It's not stuff that cost them full retail to begin with.

[Cruisemeister2002]

3 hours ago, Mike07 said:

 

 

I think it's safe for us peons. Though, I will say if RCI, NCL, or CCL begin to remove or significantly lesson the benefit, the others seem to follow if the PR isn't too bad. They're almost all in collusion with each other (in layman's terms, not the legal and actionable version).

 

That being said, if they remove the benefit, what are you going to do? Not cruise anymore? I think for the most part, people spend the benefit on shore excursions, gratuities, gift shop, specialty dining, etc. It's not stuff that cost them full retail to begin with.

Yeah your correct. I always say to my wife whatever OBC they give you onboard whether that be the highest or lowest amount in monetary terms the real value is probably a quarter of that. For instance a bottle of wine onboard cost the minimum of £18 around $21.96, whereas the same bottle in a UK supermarket would be £8 perhaps £9 or $9.76- $10.98. so around a 50% mark up. Then you have things like watches, perfumery, handbags and sweets (Candy) quite a mark up also.

[Guest ldtr]

3 hours ago, Mike07 said:

 

 

I think it's safe for us peons. Though, I will say if RCI, NCL, or CCL begin to remove or significantly lesson the benefit, the others seem to follow if the PR isn't too bad. They're almost all in collusion with each other (in layman's terms, not the legal and actionable version).

 

That being said, if they remove the benefit, what are you going to do? Not cruise anymore? I think for the most part, people spend the benefit on shore excursions, gratuities, gift shop, specialty dining, etc. It's not stuff that cost them full retail to begin with.

Removing it from ccl lines make other lines more competitive. Stop cruising no. Cruise less on CCL lines and more on others probably.

 

However no sign that they will be removing it.

[fsufancc]

Let's face it. The travel sector waxes and wanes due to travel being a luxury and not a necessity like food, clothing or fuel.  My financial advisor tells me that the cruise industry stock shares are basically junk stocks.  I buy them with hopes of getting the OBC. Not that I need it, but it feels like I'm getting something for free. I did buy RCL about a year ago somewhere in the mid $30 range.  Got $100 OBC (X2) on two RCL cruises (including one to Alaska).  It ran up to mid $80 range and I sold it for enough profit to pay for the Alaska cruise.  I used the OBC to pay for drinks and such. I don't expect that from CCL. 

 

For our Princess sailing, we have the Premier package so I'm not sure what I would spend the $100 OBC on other than some on-board trinkets or t-shirts.  Maybe the spa, but Mrs Fan has quit going to any shipboard spa due to the hard sell of creams and such that they try to push on you (even after asking them not to). 

[BamaVol]

1 hour ago, fsufancc said:

Let's face it. The travel sector waxes and wanes due to travel being a luxury and not a necessity like food, clothing or fuel.  My financial advisor tells me that the cruise industry stock shares are basically junk stocks.  I buy them with hopes of getting the OBC. Not that I need it, but it feels like I'm getting something for free. I did buy RCL about a year ago somewhere in the mid $30 range.  Got $100 OBC (X2) on two RCL cruises (including one to Alaska).  It ran up to mid $80 range and I sold it for enough profit to pay for the Alaska cruise.  I used the OBC to pay for drinks and such. I don't expect that from CCL. 

 

For our Princess sailing, we have the Premier package so I'm not sure what I would spend the $100 OBC on other than some on-board trinkets or t-shirts.  Maybe the spa, but Mrs Fan has quit going to any shipboard spa due to the hard sell of creams and such that they try to push on you (even after asking them not to). 

I used my last OBC for excursions. 

[Generator515]

Stupid question but could I buy the 100 shares, send my brokerage statement get the credit and then immediately sell?
 

Also is there any one period it has to be within? For instance my cruise is July if the above is doable could I do that now?

[DCThunder]

1 minute ago, Generator515 said:

Stupid question but could I buy the 100 shares, send my brokerage statement get the credit and then immediately sell?
 

Also is there any one period it has to be within? For instance my cruise is July if the above is doable could I do that now?

I don't think they could stop you from doing what you propose.  I'm not aware of any holding period.

[PescadoAmarillo]

There used to be a fairly stringent time window for applying for then CCL benefit, like a month or two before the cruise. I think they’ve dropped that now (which is good, because some brokerage accounts only issue quarterly reports). There is no ownership verification once the OBC is applied to the booking. 

[Mike07]

9 minutes ago, PescadoAmarillo said:

There used to be a fairly stringent time window for applying for then CCL benefit, like a month or two before the cruise. I think they’ve dropped that now (which is good, because some brokerage accounts only issue quarterly reports). There is no ownership verification once the OBC is applied to the booking. 

 

 

Unless things have changed, I think it was the Australia office that was stringent on maximum of 90 days prior to embarkation. USA offices tended to be much looser and flexible even though I think the terms state 90 days.

[jwattle]

12 hours ago, Generator515 said:

Stupid question but could I buy the 100 shares, send my brokerage statement get the credit and then immediately sell?
 

Also is there any one period it has to be within? For instance my cruise is July if the above is doable could I do that now?

You could, but two things:

1) ethics...huge issue

2) if you refare, you may have to resubmit the broker statement; if you rebook for a lower fare you WILL have to resubmit the broker statement

[ontheweb]

8 hours ago, jwattle said:

You could, but two things:

1) ethics...huge issue

2) if you refare, you may have to resubmit the broker statement; if you rebook for a lower fare you WILL have to resubmit the broker statement

Somehow, I don' think the ethics issue bothers the poster you are quoting at all.

 

But the second point you make is one he or she might want to take into account before trying that maneuver.

[MissP22]

40 minutes ago, ontheweb said:

Somehow, I don' think the ethics issue bothers the poster you are quoting at all.

 

But the second point you make is one he or she might want to take into account before trying that maneuver.

If Princess had any ethics they would have grandfathered people, that had already booked, into Alfredo's without having them pay extra.

[ontheweb]

2 hours ago, MissP22 said:

If Princess had any ethics they would have grandfathered people, that had already booked, into Alfredo's without having them pay extra.

Agree, but that seems to be the old two wrongs make a right argument.

 

If it makes you feel better, all cruise lines do not operate that way. In 2021 we booked an NCL cruise for 2023. In the time between those dates, they raised the gratuities (they call it a DSC). They did give all affected the opportunity to prepay them at the old rate.

[Generator515]

10 minutes ago, ontheweb said:

Agree, but that seems to be the old two wrongs make a right argument.

 

If it makes you feel better, all cruise lines do not operate that way. In 2021 we booked an NCL cruise for 2023. In the time between those dates, they raised the gratuities (they call it a DSC). They did give all affected the opportunity to prepay them at the old rate.

Can you point me to where it denotes that what I asked about is prohibited? If it is prohibited I would not think about the application.
 

So far I haven’t seen anything so think it is a big unfair calling it a wrong and unethical if my application is within the stated rules (100 shares, in my name, 14-90 days from sailing). 
 

As for repricing good thing for that Princess announcement yesterday noting prices will only go up. Should take that worry away. 
 

Appreciate the responses. 

[Abercrombie2019]

deleted

Edited October 19, 2023 by Abercrombie2019

[Generator515]

6 minutes ago, Abercrombie2019 said:

From the Shareholder Benefit page:

 

"This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. Employees, travel agents cruising at travel agent rates, interline rates, tour conductors or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer. This benefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2024."

 

If you sell the shares before the cruise, then you are no longer a shareholder and no longer eligible for the credit from an "ethical" standpoint.

Thanks for reply and sorry if I am missing it but where in the snippet does it note shareholders at the time of sailing?

 

I am reading it is available to those with 100 shares at the time you apply which is 14-90 days out from sailing to those with a valid booking. 

[Abercrombie2019]

6 minutes ago, Generator515 said:

Thanks for reply and sorry if I am missing it but where in the snippet does it note shareholders at the time of sailing?

 

I am reading it is available to those with 100 shares at the time you apply which is 14-90 days out from sailing to those with a valid booking. 

You do you. 🙂

 

I deleted my previous response because I realized that it was pointless.  People will do whatever they can to save (or avoid paying) a buck.  I'm sure some of the posters here can explain how you can save even more by a using a rum runner...

Edited October 19, 2023 by Abercrombie2019

[richstowe]

4 hours ago, Abercrombie2019 said:

I'm sure some of the posters here can explain how you can save even more by a using a rum runner...

I'm beginning to feel you are being sarcastic . Just a feeling .

[BamaVol]

On 10/18/2023 at 10:07 AM, Generator515 said:

Stupid question but could I buy the 100 shares, send my brokerage statement get the credit and then immediately sell?
 

Also is there any one period it has to be within? For instance my cruise is July if the above is doable could I do that now?

Why don’t you ask Princess?

[antsp]

Does Princess check you are an actual share holder, whats to stop someone spending five minutes on photoshop 

[BlerkOne]

40 minutes ago, antsp said:

Does Princess check you are an actual share holder, whats to stop someone spending five minutes on photoshop 

A modicum of integrity and perhaps karma.