Wow!

Carnival share price currently £47.44. What on earth is causing the steady rise in value in recent months?

The cruise market is buoyant. Carnival dividends are in dollars so you get more for your pound.

It was £22 when I bought mine :D

For me it is a good investment even if I don't go on P&O cruises and with shareholder on board credits the interest rate is impressive, the best £2200 I have ever invested.

It is now quite expensive to buy the 100 shares you need to get extra OBC. One of my better purchases.

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Carnival share price currently £47.44. What on earth is causing the steady rise in value in recent months?

A lot of the rise is due to the fall in the value of sterling, Carnival's share price is mainly determined in New York, the London price reflects that dollar value.

A lot of the rise is due to the fall in the value of sterling, Carnival's share price is mainly determined in New York, the London price reflects that dollar value.

Well factor that out the rise is still impressive.

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Well factor that out the rise is still impressive.

 

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Exactly.

So glad I converted a rubbish performing Aberdeen Asset Management bond in 2001 to shares in P&O Princess Cruises Plc and adopted the dividend reinvestment scheme.

Well the Carnival shares look to be a bargain compared to Royal Caribbean which is currently $106 per share. That's around a £8500 investment to get shareholder benefits. Luckily we bought ours at $31 per share.

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