RCL Stock Owner

[dscomp]

I know that this has been posted in the past, but the search function on not working today. I have purchased 100 shares of stock and wonder if someone could tell me what I have to do to get owner credit.:)

[RosieRoo]

For RCCL

Name, address confirmation number, ship and sailing date along with shareholder proxy card or a current brokerage statement showing proof of shareholder ownership.

 

 

Mail: RCL Investor Benefit, PO Box 025511, Miami, FL 33102-5511

Fax: 1-305-539-4645

Email: shareholderbenefit@rccl.com

$250 Onboard Credit per Stateroom on Sailings of 14 or more nights.

$200 Onboard Credit per Stateroom on Sailings of 9 to 13 nights.

$100 Onboard Credit per Stateroom on Sailings of 6 to 8 nights.

$50 Onboard Credit per Stateroom on Sailings of 5 nights or less.

Applicable on any Royal Caribbean, Celebrity Cruises or Azamara Cruises Sailings. (excludes Celebrity Xpeditions)

[Gonzo70]

For RCCL

 

Name, address confirmation number, ship and sailing date along with shareholder proxy card or a current brokerage statement showing proof of shareholder ownership.

 

 

E-mailing them an attachment of your proof of ownership from an online trading account suffices for documenting proof of ownership.

[RosieRoo]

Thanks Gonzo70. I haven't actually done it myself yet. I copied that from a previous post to someone asking the same question.

[Gonzo70]

Thanks Gonzo70. I haven't actually done it myself yet. I copied that from a previous post to someone asking the same question.

 

You're welcome. I was impressed how quick they were. First time they e-mailed me back confirmation the next day; second time they e-mailed me back confirmation later that same day! :)

[debshomespun]

We bought our 100 shares yesterday from ETrade, and I have a confirmation. We are sailing on May 3. How soon can I send in my confirmation for our shareholder OBC?

[JSR]

You can send it in as early as you want. I send mine as soon as I make my reservation so I do not forget.

[Gonzo70]

We bought our 100 shares yesterday from ETrade, and I have a confirmation. We are sailing on May 3. How soon can I send in my confirmation for our shareholder OBC?

 

You can do it now if you'd like. Just e-mail an attachment of your purchase confirmation from your E-Trade account to: shareholderbenefit@rccl.com along with the info about your upcoming cruise.

[Merion_Mom]

Here is the link to everything you need to know:

 

http://phx.corporate-ir.net/phoenix.zhtml?c=103045&p=irol-shareholderbenefit

[dscomp]

Thanks for all the responses. I just bought them today and my form shows a confirmation number so I will e-mail them and see what happens.:)

[amickeyfriend]

Great time to buy. Be aware that it may not show up on your account until thge middle of the week.

[mgkdk]

Can anyone tell me the symbol for RCCL stock?

[aldesonia]

Can anyone tell me the symbol for RCCL stock?

 

It is RCL

[yogimax]

Great time to buy.

.

 

Maybe yes...

Maybe no...

 

There are no guarantees in the stock market.

 

As a matter of fact anyone who bought RCL in the last two years is probably suffering a heavy loss, a lot more than the onboard credit.

 

Please DO NOT buy RCL simply for the onboard credit.

 

If you have never bought a stock before, have no idea how to buy a stock, don't know how to find a stock symbol, etc., take time to first learn the ins and outs of investing.

 

Is RCL a good investment right now? Who knows? Even if it is the best, it will be subject to the fluctuations of the entire market. Look before you leap!

[jmraggs]

Yogimax,

 

I couldn't have said it better. Sometimes people only see the onboard credit they will be getting, but on the other hand, they just lost $200 in stock value from their orignal purchase.

 

I agree, only buy stock if you know how the market works, and only buy if you believe it's a good value from doing analysis. There is always that chance it may go down even further after you buy do to unexpected news like the past couple of days. I look at the onboard credit as icing on the cake.

[ehfl]

All the information is on their web site. You can just e-mail the information, along with a copy of your statement, and they apply the credit.

 

It's very easy, and much, much better than working with the C&A people.

 

http://phx.corporate-ir.net/phoenix.zhtml?c=103045&p=irol-shareholderbenefit

 

If you have a question about the cruise, the ship, or the company, chances are, their web site has answers, so don't hesitate to check there.

[Gonzo70]

Maybe yes...

Maybe no...

 

There are no guarantees in the stock market.

 

As a matter of fact anyone who bought RCL in the last two years is probably suffering a heavy loss, a lot more than the onboard credit.

 

Please DO NOT buy RCL simply for the onboard credit.

 

If you have never bought a stock before, have no idea how to buy a stock, don't know how to find a stock symbol, etc., take time to first learn the ins and outs of investing.

 

Is RCL a good investment right now? Who knows? Even if it is the best, it will be subject to the fluctuations of the entire market. Look before you leap!

 

 

I third this opinion. Just because the stock is near it's 52 week low does not mean it is a "good buy." It is down for a reason and may continue to move down more (possibly much further down). Also they may cancel or modify the Shareholder OBC policy (i.e. make it not combinable with other types of OBC as Carnival does or discontinue it altogether). Sometimes people seem to buy it because over the next 10-20 years they plan to cruise a lot on RCL so they figure it will more than pay for itself; but this is only true if they continue the program for that time span. The Shareholder OBC is a nice perk but not so good that one should blindly purchase the stock because of it.

[negc]

Maybe yes...

Maybe no...

 

There are no guarantees in the stock market.

 

As a matter of fact anyone who bought RCL in the last two years is probably suffering a heavy loss, a lot more than the onboard credit.

 

Is RCL a good investment right now? Who knows? Even if it is the best, it will be subject to the fluctuations of the entire market. Look before you leap!

While I agree with the first and last statements, I disagree with the second one. Anyone who bought RCL in the last two years is only suffering a heavy loss if they sell at this point. Otherwise you are talking about a loss on paper. If they hold onto the stock until the price rises again they could eventually break even or actually post a gain. If the stock price continues to drop to even lower levels, and they decide to sell, their loss will be even greater (but only the price at the time of the sale will determine the amount of actual loss or gain).

There are no definitely no guarantees and past performance is not necessarily any indicator of future outcomes, but the record of 58 quarters of paying dividends, and the past annual renewals of the OBC at least provide some reason for optimism.

If you cruise on RCCL ships frequently and have sufficient discretionary income to adequately cover the cost of 100 shares, you might want to make the purchase. If you are looking for a "good financial investment" in a stock that is sure to appreciate rapidly, you need to talk to a qualified financial advisor and discuss your investment goals.:)

[yogimax]

 

Anyone who bought RCL in the last two years is only suffering a heavy loss if they sell at this point. Otherwise you are talking about a loss on paper. If they hold onto the stock until the price rises again they could eventually break even or actually post a gain. If the stock price continues to drop to even lower levels, and they decide to sell, their loss will be even greater

 

Ah, but one of the major psychological problems for investors is the fear of selling at a loss. Psychologically, people want to "hang on" in the often unreasonable hope that a stock will return to a previous level.

 

This often leads to the compounding of the loss.

 

Let's look at RCL from an objective perspective, and I speak from the perspective of a commited Diamond member.

 

What are the dangers?

 

Price of oil - nuf said

 

Overcapacity - This is a major concern given the size of the Genesis Class ships.

 

Competition - Yes, there are other cruise lines out there.

 

Thus, the question again - Is RCL a good investment?

 

If the price of oil moderates...

 

If the increased capacity of the ships can be managed at revenue efficient levels...

 

If RCL can stay ahead of the competition ranging from low-end Carnival to high-end Cunard...

 

Then RCL may be a good investment.

 

Then again................. Just a word of warning from a seasoned investor!:)

[biker1972]

Another thought about the OBC for stockholders. What group would you irritate the most if you ended the program. And these same people might just be some of your most loyal customers. Want them to show up at your next stockholders meeting? Want your sales to fall off even more? I am sure these are thoughts that people at RCL think about as they consider the state of the company and how to best serve their shareholders.

[negc]

Our opinions actually don't differ very much. However you are treating the purchase of the stock as an investment option, while I am not. I have owned the stock for about five years and purchased it when the price was not much lower than it has been in recent days. Since then we have cruised on RCCL ships some thirteen times, so the OBCs earned for those cruises (some of which were 12 nights and most of which were at least 7 nights long)have been a very nice benefit. We have four more cruises booked between now and September, 2009 for which I am reasonably confident we will receive another $650 in OBCs. When you add to that the $60 or more of dividends earned over each of the past five years (I reinvest the quarterly dividends in RCL), we are rapidly approaching my initial cost to purchase the stock. Now weighed against the total cost of booking all those cruises, the amount pales in comparison, but then again, I didn't book those cruises because I would earn an OBC.:D

[Gonzo70]

While I agree with the first and last statements, I disagree with the second one. Anyone who bought RCL in the last two years is only suffering a heavy loss if they sell at this point. Otherwise you are talking about a loss on paper.

 

That is one of the biggest fallacies of investing. If the stock goes down, you have a loss whether you sell or not. Yes it may go back up, but it may go just go down further and never go back up or possibly even go to zero. It is as much as loss as if you buy $1000 worth of casino chips and lose $900 worth; even if you hang on to $100 worth of chips with the hope you can win it back, you cannot say you only have a "paper loss." You have lost $900. Same if you have a stock that goes down. One of the worst mistakes investors make is clinging to a beaten down stock until it goes back to the level they bought it at when in reality there are better investments out there and they are just hurting themself by fooling themselves into believing they have not incurred a loss until they sell.

 

Also, please keep in mind RCL's long record of paying it's dividend is separate from the Shareholder benefit. RCL is hurting by increased fuel costs, increased food costs, increased raw materials for building new ships, and consumers having less discretionary income. They may very well feel the need to make changes to the shareholder benefit policy and this needs to be factored in if one is primarily purchasing the stock to make use of this benefit.

 

Perhaps RCL bounces back to the 40s soon, but it may be years before it goes back there or perhaps never. That is the risk involved in playing the stock market

[cruisinMike]

That is one of the biggest fallacies of investing. If the stock goes down, you have a loss whether you sell or not. Yes it may go back up, but it may go just go down further and never go back up or possibly even go to zero. It is as much as loss as if you buy $1000 worth of casino chips and lose $900 worth; even if you hang on to $100 worth of chips with the hope you can win it back, you cannot say you only have a "paper loss." You have lost $900. Same if you have a stock that goes down. One of the worst mistakes investors make is clinging to a beaten down stock until it goes back to the level they bought it at when in reality there are better investments out there and they are just hurting themself by fooling themselves into believing they have not incurred a loss until they sell.

 

Also, please keep in mind RCL's long record of paying it's dividend is separate from the Shareholder benefit. RCL is hurting by increased fuel costs, increased food costs, increased raw materials for building new ships, and consumers having less discretionary income. They may very well feel the need to make changes to the shareholder benefit policy and this needs to be factored in if one is primarily purchasing the stock to make use of this benefit.

 

Perhaps RCL bounces back to the 40s soon, but it may be years before it goes back there or perhaps never. That is the risk involved in playing the stock market

 

Gonzo, very good point. Some folks do look at these losses as not being lost as they don't claim them for tax purposes (because you can't until you sell) or just the fact they haven't sold. The old saying, you haven't lost until you sold should be revised to say you haven't stopped the bleeding until you sold.

 

You may recall that we had some discussion some 4-6 weeks ago concerning RCl and the pps. At that time RCL was making a cyclical upward trend however my expectation was it couldn't last in today's climate.

 

I do echo those recommending do not buy just for the OBC even if you take many cruises. If you want to speculate that the stock will turn around and reach back to the 40s or better, that would be the reason, not for OBC. It may have worked for a few people, in years gone by, with depressed stock prices. However, it was only by luck that they are still above water and as you said no guarantee for the future. Stock prices today, although down quite a bit, are still not depressed as they were a few years back. RCL has been cycling in the 30s and 40s for some time. It sure could move to the 20s in the climate today.

 

Folks considering this stock should consider where the revenue comes from and the trend for the expenses as well as the economic climate. If the economic climate continues to decline, folks will reel in their spending, disposable income will decline in a job reduction market and vacations may be something of a lessor nature. Even those that cruise regularily could reduce their habits. On the expense side, one just need to look at fuel, however all costs should be reviewed as far as trend. So as always, buyer beware and don't dabble into stocks unless you really understand what is at risk. JMHO

[yogimax]

I have to say that I am impressed with the quality of posts on this thread!

[Merion_Mom]

I feel incredibly fortunate that CC helped me buy the stock back when it was in the teens. :D