triple7tahoe Posted June 4, 2009 #1 Share Posted June 4, 2009 We just returned from a wonderful TA cruise on the Grand. Actually the cruise was 29 days and could have been purchased as two cruises. I was talking with a couple who had done just that. I asked why and was told that they got "on board" credits from Carnival stock ownership as well as the credit that they received from FCC purchases. Can anybody enlighten me as to how much stock one has to own; what kind of credits (amount) do you receive etc.?:confused: These folks said it was actually to their benefit to break the cruise up because of the added on board credits. Help is appreciated-Thanks:) Link to comment Share on other sites More sharing options...
Lynda90 Posted June 4, 2009 #2 Share Posted June 4, 2009 We just returned from a wonderful TA cruise on the Grand. Actually the cruise was 29 days and could have been purchased as two cruises. I was talking with a couple who had done just that. I asked why and was told that they got "on board" credits from Carnival stock ownership as well as the credit that they received from FCC purchases. Can anybody enlighten me as to how much stock one has to own; what kind of credits (amount) do you receive etc.?:confused: These folks said it was actually to their benefit to break the cruise up because of the added on board credits. Help is appreciated-Thanks:) Here's a thread that's right from this board: http://boards.cruisecritic.com/showthread.php?t=903748 Link to comment Share on other sites More sharing options...
Toto2Kansas Posted June 4, 2009 #3 Share Posted June 4, 2009 This link should explain why: http://media.corporate-ir.net/media_files/irol/14/140690/shareben.pdf Link to comment Share on other sites More sharing options...
triple7tahoe Posted June 4, 2009 Author #4 Share Posted June 4, 2009 Thank you for the rapid replies:). I followed the first link and tried to read all 17 pages. The answer is fairly clearly spelled out. Buy Carnival stock if you cruise alot. We do and we will:D Thanks again. Dale Link to comment Share on other sites More sharing options...
Rare abbydancer2003 Posted June 4, 2009 #5 Share Posted June 4, 2009 We have a 50.00 shareholder credit on a one day cruise. I think we'll have to buy a new coffee card, and a bottle of wine. It's a nice perk. Link to comment Share on other sites More sharing options...
love2bonboard Posted June 4, 2009 #6 Share Posted June 4, 2009 You used to get dividends, but those stopped. Now, you get onboard credit. We just got 100.00 of onboard credit for our 11 day cruise. It is $50.00 for shorter cruises, and I believe $150.00 for longer. It is a nice perk for people who cruise a lot and the stock is down quite a bit, so it should be a decent time to buy it. You only need to buy 100 shares to qualify. The stock is CCL. Link to comment Share on other sites More sharing options...
paul929207 Posted June 4, 2009 #7 Share Posted June 4, 2009 If you cruise alot and take loner cruises, they it is certainly worth the investment. Link to comment Share on other sites More sharing options...
Happy2Cruise4Fun Posted June 4, 2009 #8 Share Posted June 4, 2009 Closing price yesterday was $26.24 X 100 shares needed makes a total investment of $2624. Assuming the stock never changes prince it will take 26 cruises (BAL $24) at $100 OBC to earn your money back. of course at the end of that you could sell your stock and essentially have doubled your money as you get your original investment back. The stock has shown in the mid 30's and low teens since January. You are sitting in the middle right now. Also the market expects the stock to under perform the rest of the market. Crap shoot I know as no one knows for sure. Seems like a large investment for the return you get. Personally I would wait it out and see if it drops lower. If you have the money to spend and plan on cruising a lot, go for it. If you don't have the extra money I would find something else. Link to comment Share on other sites More sharing options...
paul929207 Posted June 4, 2009 #9 Share Posted June 4, 2009 Closing price yesterday was $26.24 X 100 shares needed makes a total investment of $2624. Assuming the stock never changes prince it will take 26 cruises (BAL $24) at $100 OBC to earn your money back. of course at the end of that you could sell your stock and essentially have doubled your money as you get your original investment back. The stock has shown in the mid 30's and low teens since January. You are sitting in the middle right now. Also the market expects the stock to under perform the rest of the market. Crap shoot I know as no one knows for sure. Seems like a large investment for the return you get. Personally I would wait it out and see if it drops lower. If you have the money to spend and plan on cruising a lot, go for it. If you don't have the extra money I would find something else. First, the OBC depends on the length of the cruise. If is $50, $100 or $250. Even if you don't take enough cruises to recoup the entire cost, even one cruise increases the chances of making money on the investment. In my case, the cruises I have booked for the next year will get us $1000 in OBC a shareholders. Link to comment Share on other sites More sharing options...
Pia1913 Posted June 4, 2009 #10 Share Posted June 4, 2009 Closing price yesterday was $26.24 X 100 shares needed makes a total investment of $2624. Assuming the stock never changes prince it will take 26 cruises (BAL $24) at $100 OBC to earn your money back. of course at the end of that you could sell your stock and essentially have doubled your money as you get your original investment back. The stock has shown in the mid 30's and low teens since January. You are sitting in the middle right now. Also the market expects the stock to under perform the rest of the market. Crap shoot I know as no one knows for sure. Seems like a large investment for the return you get. Personally I would wait it out and see if it drops lower. If you have the money to spend and plan on cruising a lot, go for it. If you don't have the extra money I would find something else. We have a friend who did just that. Waited and waited and waited. Even at $19 he waited. So now he bought at $25. :rolleyes: Link to comment Share on other sites More sharing options...
Happy2Cruise4Fun Posted June 4, 2009 #11 Share Posted June 4, 2009 To each their own. Personally I would wait it out and see what happens. You do run the risk of it going up, staying the same or going lower. Yes the OBC changes based on length of cruise and the $100 was just a sample. If you only get the $50 OBC each cruise it would take you 52 cruises and at the $250 OBC level it would take you roughly 10 cruises. Not saying it is a good or a bad investment idea, everyone has to decide for themselves if it is worth it or not. For me at this time it is a no. I would rather keep my cash on hand and just take an extra $100 with me on the cruise. Link to comment Share on other sites More sharing options...
Pia1913 Posted June 4, 2009 #12 Share Posted June 4, 2009 To each their own. Personally I would wait it out and see what happens. You do run the risk of it going up, staying the same or going lower. Yes the OBC changes based on length of cruise and the $100 was just a sample. If you only get the $50 OBC each cruise it would take you 52 cruises and at the $250 OBC level it would take you roughly 10 cruises. Not saying it is a good or a bad investment idea, everyone has to decide for themselves if it is worth it or not. For me at this time it is a no. I would rather keep my cash on hand and just take an extra $100 with me on the cruise. You don't cruise enough for it to make a difference. Those who do get lots of $$$ back very quickly. We average at least $100 per cruise; most times $250. We never get $50, because that would be for sailings of 6 days or less and that's something we've only done twice in our cruising lifetime. Link to comment Share on other sites More sharing options...
Happy2Cruise4Fun Posted June 4, 2009 #13 Share Posted June 4, 2009 You don't cruise enough for it to make a difference. Those who do get lots of $$$ back very quickly. We average at least $100 per cruise; most times $250. We never get $50, because that would be for sailings of 6 days or less and that's something we've only done twice in our cruising lifetime. That is why I said: Not saying it is a good or a bad investment idea, everyone has to decide for themselves if it is worth it or not. For me at this time it is a no. For the average family cruising once or twice a year, your are better off saving your money. Link to comment Share on other sites More sharing options...
paul929207 Posted June 4, 2009 #14 Share Posted June 4, 2009 That is why I said: For the average family cruising once or twice a year, your are better off saving your money. For an average family taking one or two cruises a year, they should look at purchasing Carnival Corporation stock only as an investment. The roughly $2500 cost of 100 shares would generate $100 in interest at 4%. Link to comment Share on other sites More sharing options...
Pia1913 Posted June 4, 2009 #15 Share Posted June 4, 2009 For an average family taking one or two cruises a year, they should look at purchasing Carnival Corporation stock only as an investment. The roughly $2500 cost of 100 shares would generate $100 in interest at 4%. So where are you getting 4% interest Paul? If so, I'm gonna' put my $$$ there right now. Link to comment Share on other sites More sharing options...
paul929207 Posted June 4, 2009 #16 Share Posted June 4, 2009 Just picking an interest rate that over time is a reasonable CD rate. With the interest my bank is paying on my checking account, I won't get $100 this millenium Link to comment Share on other sites More sharing options...
Pia1913 Posted June 4, 2009 #17 Share Posted June 4, 2009 Just picking an interest rate that over time is a reasonable CD rate. With the interest my bank is paying on my checking account, I won't get $100 this millenium Actually, the only money we are making now is from CCL's OBC. ;) Link to comment Share on other sites More sharing options...
paul929207 Posted June 4, 2009 #18 Share Posted June 4, 2009 Actually, the only money we are making now is from CCL's OBC. ;) So that is why you take so many cruises. :) Link to comment Share on other sites More sharing options...
Pia1913 Posted June 4, 2009 #19 Share Posted June 4, 2009 So that is why you take so many cruises. :) Certainly. What other excuse would I have? :D Link to comment Share on other sites More sharing options...
Lynda90 Posted June 5, 2009 #20 Share Posted June 5, 2009 Actually, the only money we are making now is from CCL's OBC. ;) I hear ya, sista! :p Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.