Norwegian Signs Memorandum of Agreement for Purchase of Norwegian Sky

[DevCruise]

Originally Posted by bob brown

Thanks....that clears things up some.

So I suppose neither owner is publicly traded, so no opportunity for OBC as a perk of stock ownership?

Not that I'm aware of, but in looking at some of the other cruise line stock/OBC deals, it's cheaper to buy the OBC.

For example, on Carnival, you have to have 100 shares of Carnival. As of today, it is going for $31.08/share which is $3,108 in stock. The max OBC you would get would be $250 and that's on sailings of 14 nights or longer.

It's nice if you already have the stock, but I wouldn't get the stock just to get the OBC. You'd had to do 13 cruises before you'd break even assuming they were 14 day cruises.

[swedish weave]

Originally Posted by DevCruise

Not that I'm aware of, but in looking at some of the other cruise line stock/OBC deals, it's cheaper to buy the OBC.

For example, on Carnival, you have to have 100 shares of Carnival. As of today, it is going for $31.08/share which is $3,108 in stock. The max OBC you would get would be $250 and that's on sailings of 14 nights or longer.

It's nice if you already have the stock, but I wouldn't get the stock just to get the OBC. You'd had to do 13 cruises before you'd break even assuming they were 14 day cruises.

That is flawed logic . Regardless of how many cruises you book, you still own the stock and it pays dividends and the price goes up and down. The OBC is the same as dividends, and the more you cruise, the better the deal is !!

[ohioNCLcruiser]

Originally Posted by swedish weave

That is flawed logic . Regardless of how many cruises you book, you still own the stock and it pays dividends and the price goes up and down. The OBC is the same as dividends, and the more you cruise, the better the deal is !!

While its prob not risky for going down a lot from whatever you buy it, I would wouldn't call cruise lines good long term investments to really go up. Not like they are going to discover the next iphone, breakthrough medical item, 3D printing for home use etc.

[swedish weave]

Originally Posted by ohioNCLcruiser

While its prob not risky for going down a lot from whatever you buy it, I would wouldn't call cruise lines good long term investments to really go up. Not like they are going to discover the next iphone, breakthrough medical item, 3D printing for home use etc.

True !! However, I cruise 5 to 7 times a year, and it is a very good investment if I cruise with Carnival owned companies.