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bobandsherry

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Posts posted by bobandsherry

  1. Just now, Calnev1 said:

    Thanks to all!  Its good to see that variations on a (code) theme are working again.

     

    I also got 2500 points for the 20bonus20.  Who knows why they slipped in an extra 500 points on that variation.

     

    But two others posted they got 1500 and 2000, so was just asking if this was now somehow variable and perhaps more to come like that.

  2. CUK is still showing a dividend, where CCL is not (at least on Fidelity). So, since it's about $3 per share lower, I went with CUK strictly to get the OBC on our 14 day Jan Panama Canal cruise. Dividends are never guaranteed, so I wouldn't be surprised if it's canx soon. I own a few other ADRs and there are fees involved along with it bein a pita at tax time (Foreign taxes withheld). Soooo, if you're a buy n hold, think I'd go with CCL.
    I have a few foreign stocks as well. No pita for me, I just enter the details into my tax program and it handles everything. If paying someone then it's their pita. But if you do your own paper return well this is the least of the pita.

    As for the dividend, Carnival has announced they have put payout on hold, so CUK too as they get the same dividend payout. And this is why CUK is better value as it trades lower which makes the dividend yield even sweeter. Those who do covered calls also find an advantage.

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  3. They were committed to August 1 for months. They change plans as conditions indicate. This is a fluid situation. Florida is a virus hotspot again.
     
    I’ll be surprised if any of the big boys sail before January 1.
    You purposefully didn't put the year? Lol.

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    • Haha 1
  4. 6 minutes ago, Eli_6 said:

    Yes, I own both.  You can combine them to get to your 100.  CUK tends to trade slightly lower than CCL.  Not sure why.

     

    This provides an explanation. If/when Carnival pays a dividend again, CUK will give a better % yield since it trades lower but has same dividend payout.  And for Shareholders OBC, it also works out better as it gives same OBC.  

     

    https://www.fool.com/investing/2020/04/15/why-does-carnival-have-2-stocks-and-which-is-the-b.aspx

     


    The more likely reason has to do with the two stocks' respective connections to their home markets. The stock tickered CCL is a member of the S&P 500 index, so any index funds tied to the S&P 500 have to own shares of that stock. Meanwhile, the stock tickered CUK tracks the price of the London-listed shares that are included in the U.K.'s premier FTSE 100 index. When the U.S. stock market overall looks more attractive than the U.K. market, then CCL shares will fetch a higher price. When the U.K. market is in favor, then CUK shares can take their turn in the lead.

     

     

    • Like 1
  5. People talk about cruise lines going bankrupt. Bankruptcy is a US court supervised event, only for US companies. Cruise lines are not US, so they can't just go bankrupt. They just file insolvency and cease operations. So that's even worse for those waiting for refund or holding gift card.

    Non-us companies have to petition the US Courts to hear their case and then for them to supervise. I'd guess that the cruise lines would take that step but who's to say what may or may not happen in current environment.

    https://www.hoganlovells.com/en/publications/foreign-based-companies-considering-a-us-chapter-11

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  6. I didnt even list that as a option. Obc is onboard credit. FCC is different
     
    Rcl is also offering lift and shift to a year later to protect your price, in some case way better.
     
    I just read of someone booking a old ship I think empress owners suite for 3k, and moved it to a new expensive ship where the price would have been 12k or something.
     
    I booked a balcony on jewel, solo  one set of taxes, $1008, where I'm waiting for a lift and shift to allure which would have been double. I was offered a inside group price on allure for just under $1500, so heck yea I'll take a balcony for 1k including taxes. 
     
    That's what I meant by lift and switch ... offer to protect your price PLUS give you obc (which is onboard credit) ... offer to move you to a later date when the ship is finished.
     
    But no, I agree, a fcc would not be enough.. I think you got what I said about giving obc, mixed up with fcc. 


    For Carnival you only get OBC offer if you apply your booking as FCC, so goes hand in hand. And then restrictions on use, only apply to a single booking, only $500 of that towards additional OBC. I had nearly $9k wrapped up in cruise, no way I was going to take the $600 OBC offered so they could hold that for who knows how long before I'd be booking a cruise of that expense. The answer is Feb 2022, but that's too long to let Carnival hold that much cash.

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  7. Well rcl offers 3 options I've seen. One was $250 obc to move to another ship. That's the one I'd take.
     
    Of course some will cancel. Rcl also might offer it like a lift and switch, a hear later.
     
    RCL delayed building terminal 3 in Galveston which was to be built for allure to come. 1 year delay. Rcl  might send another ship or offer that you can take allure out of another port. Obviously if they delay getting started building a terminal big enough to board allure, some of us are talking. 
     
    Just saying there might be alternatives to cancelling offered. Idk what carnival does, only seen what rcl did. Just saying if you are offered obc to take another ship, some might, I would. 
     
    I'm kinda on the fence with Oct 2021 radiance, partial panama transit. Everything I read says radiance refit is scrapped... so what can I expect that means.
    Carnival does offer FCC, but there's still group of people who won't rebook and take refund. I'm booked for December and will tell you, based on the amount of the cruise I paid, the FCC not worth it to me and would take the 100% refund.

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  8.  

    I'm sure a bunch of money is withheld until the cruise line actually takes delivery of the ship.

    How are you sure? So let me say no money is being withheld (honestly I have no idea but neither do you so I might as well say something that I don't know to be true either). Performance bond usually held to ensure ship built and delivered to specs. Obviously neither of us know anything so you are just as right or wrong as me.

     

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  9. Mardi Gras is being built by a different company, in a different ship yard, in a different country from Radiance.
     
    AFAIK, that shipyard never closed.
    That's what I heard too. Being built by Meyer Turku in Finland. The company did layoff about 25% of employees. They also said they would scale back future builds to one every year vs two as originally planned. But nothing specific I've seen on Mardi Gras. However with all sailings being removed until March, one could draw a conclusion. Carnival rep told me it was due to being sold out with all the other rebookings, however I find it hard to believe that every room was sold out for 3 months.

    Radiance is being refurbished in Spain.

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