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Carnival Stockholder Discounts


bigmike7

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Yo-

 

How many shares of CCL - Carnival stock - do you have to have to receive discounts or perks on Carnival cruises?

 

What are the perks and/or discounts?

 

Does it apply only to Carnival ships - or also to the other companies that they own?

 

TIA-

 

Mike

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You have to own at least 100 shares of stock. You get $100 shipboard credit on every Carnival cruise you take. We've sent them e-mails asking about getting it on Princess cruises and they never answered. You might want to call Carnival direct and ask what to do and where to sent your information...Dennis

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How many shares of CCL - Carnival stock - do you have to have to receive discounts or perks on Carnival cruises?

 

What are the perks and/or discounts?

 

Does it apply only to Carnival ships - or also to the other companies that they own?

 

Well Mike, when you buy stock in Carnival (NYSE - CCL), you are buying stock in Carnival Corporation, not Carnival Cruise Lines. In order to get anything from the company, you must own a minimum of 100 shares ($5,239.00 based on the 11/7 closing price). After you purchase those 100 shares, the corporation offers an on board credit. The amount is based on the length of your cruise ranging from $50.00 to $250.00. The on board credit is available on every cruise line that Carnival corporation owns which includes Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn Cruise Line, Windstar Cruises, AIDA Costa Cruises, Cunard Line, P&O Cruises, Ocean Village, Swan Hellenic, and P&O Cruises Australia.

 

Don't buy stock for the little incentive it will give you but rather for the long term investment.

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The latest info:

 

Carnival Corporation & plc is please to extend the following benefit for stockholders:

 

Onboard credit per stateroom on sailings of 14 days or longer - $250

Onboard credit per stateroom on sailings of 7 to 13 days - $100

Onboard credit per stateroom on sailings of 6 days or less - $50

 

This benefit is applicable on sailings through July 31, 2006 aboard the brands listed below. Certain restrictions apply.

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. Employees, travel agents cruising at travel agent rates, tour conductors, or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer. This benefit is not transferable, not combinable with any other shipboard offer anc cannot be used for casino credits/charges and gratuties charged to your onbard account. Only one onbard credit per shareholder occupied stateroom. Reservations must be made by February 28, 2006.

Please provide your name, reservation number, ship and sailing date, along with proof of ownership of Carnival Corporation or Carnival plc shares (i.e., photcopy of shareholder proxy card, shares certificate or a current brokerage or nominee statement) and the inital deposit to your travel agent or to the cruise line you have selected.

 

North American Brands:

Carnival

Princess

Holland America / Windstar

Cunard* / Seabourn

 

UK Brands:

P & O

Ocean Village

Swan Hellenic

Cunard*

 

Continential European Brands

Costa Cruises*

Aida Das Clubschiff

 

Australian Brand

P & O cruises Australia

 

*The onboard credit for Cunard and Costa Cruises is determined based on the operational currency onboard the vessel.

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Yo-

 

Thanks for the information-

 

We own 120 shares of CCL - so it looks as if we qualify-

 

btw - bought the shares 'cause it looks like a good investment in a good company - and the credits are just a bonus to us-

 

Happy Cruisin'

 

Mike

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I looked at the Carnival site and Invester's relations dept. I couldn't find anything? Has anyone actually rec'v this?

 

Go to the Carnival Corporate site follow the link a couple of posts up, then click on the annual reports link (right side middle menu bar).

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Don't buy stock for the little incentive it will give you but rather for the long term investment.

 

It has been a great long term investment - I purchased the stock for about $17.25 per share (right after 9/11/01). It has paid dividends, onboard credits, and climbed to over $52 per share (Nice 200% growth).

 

Ironically, the cruise industry has weathered the travel slump after 9/11, SARS, Hurricanes, mergers, etc. Seems to only be getting more popular... IMHO - However, popularity and profitablitity are not the same thing.

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Just be forewarned: Sometimes the benefit is not consistently honored if you have another credit to your shipboard account.

 

For example, Princess does not apparently allow you to use both a onboard booking future cruise credit in combination with the shareholder credit.

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  • 2 weeks later...
  • 1 month later...

Thank you; I just arrived back from my Christmas Cruise. It worked we received the $100.00 discount. There was a note in our cabin the first evening. I never would have known about this deal w/o Cruise critic. Thank you for the post. Happy New Year!

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How long do you need to own the stock?

 

Can I just buy the shares, hold them for a day or two and dump them?

 

You need to purchase 100 shares to begin with. Once you purchase them you will need to wait until you receive a statement from your brokerage firm showing that you own the stock. You will need to fax that statement to Carnival. This process could take anywhere from one to two months.

 

Now, depending on your broker, you will incur a commission when you buy the shares and a commission when you sell them. If you buy them today and sell them a month later at a profit, then you get hit with Short Term Capital Gains. You are better off owning them for the long term and use the discount every year so long as they renew it.

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I have never owned a stock for more than a week...I could generate paperwork that shows I own the stock.

 

A few posts back the message said that proof of ownership must be provided:

 

<< along with proof of ownership of Carnival Corporation or Carnival plc shares (i.e., photcopy of shareholder proxy card, shares certificate or a current brokerage or nominee statement)>>

 

So I'm not sure if my simple statements would be enough, and do I need to be an owner when I sail, or only when I purchaase the trip? No biggie.. 86 dollars is not a huge savings.

 

My broker commisssion is $7 per trade...so that's not a problem. Holding onto stock to avoid capital gains can be a huge mistake.

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