Gonzo70 Posted July 23, 2009 #226 Share Posted July 23, 2009 Interesting article by Glen Curtis, one of the Forbes analysts: http://stocks.investopedia.com/stock-analysis/2009/Cruise-Lines-On-The-Rebound-RCL-CCL0722.aspx?partner=YahooSA Next Wednesday July 29 earnings call will be interesting for RCL. Todays trading was interesting...... Hopefully he's right, but I think he painted an overly rosy picture. There are some things to be optimistic about, but there are still significant risks looming. Oil is in that precarious range where it is high enough to significantly drive down their '09 full year earning estimates (which were made back when oil was lower) but it is not so high that they can comfortably reinstate the fuel surcharge. The swine flu scare also had very significant impact on their earnings. Unemployment in U.S. remains high and the economy still has uncertainty. With the cruise lines introducing so many new ships just when people have less discretionary income - that just is not a good scenario. There definitely is a risk of cannibalization unless the economy begins booming sooner rather than later. While I agree with a lot of the points he made, I think he neglected to also speak about the risks. RCL remains a very volatile stock in a very volatile sector. I look forward to seeing what they report next week and to what comments they make about the upcoming quarters. Link to comment Share on other sites More sharing options...
csoud Posted March 3, 2010 #227 Share Posted March 3, 2010 monster ships and the ships they do build cost millions less than rci. I personally like Carnival. The Glory is a beaut... Link to comment Share on other sites More sharing options...
jmom5 Posted March 3, 2010 #228 Share Posted March 3, 2010 ????? Link to comment Share on other sites More sharing options...
Bellalago Breeze Posted March 3, 2010 #229 Share Posted March 3, 2010 Why would you drag out this old thread?:confused: Link to comment Share on other sites More sharing options...
tahqa Posted March 3, 2010 #230 Share Posted March 3, 2010 Link to comment Share on other sites More sharing options...
HighlandCruzer Posted March 3, 2010 #231 Share Posted March 3, 2010 Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.