Carnival Stock Down

Morgan Stanley analyst just came out with the report that the cruise industry will slow into the 4th quarter (Carnival just reported higher earnings ) & higher fuel costs (both the cruise industry & airline industry hedge their fuel costs into the future contracts )

Personally ,I think this temporary dip represents a good buy into this stock .also ,Carnival corp has issued a huge buy back of their stock ;which means less shares on the open market

You can google today : Why has Carnival stock gone down . you can then read the reports

I'm in for another 100 shares

I'm in for another 100 shares

Additional shares do not qualify for additional credit. You can only make one claim per cabin.

However, you may wish to purchase additional shares for other reasons.

Brian

Like any good financial advisor would tell you shares can go down as well as up but you should not compare prices short term as they have been over £50 and a lot lower recently with good increases this last week or so but having bought mine for £21 and the dividends and shareholder benefit of OBC have been an excellent investment.

Doubled my investment when I bought them in 2014, I just got £38 as a quarterly dividend and $350 in onboard credit this year.

How many shares do you need to buy for the OBC etc?

How many shares do you need to buy for the OBC etc?

100

Brian

100 for shareholder benefits. Mine cost £2200 and they are the best investment I have made. I would not buy any more though.

Best investment .. paid £1700 for 100 shares and have had over £11000 back in obc plus excellent dividends. How good is that.

Bal

100

Brian

Thanks. May buy some.

We have done well with the perks on other share issues for other companies. The perks are worth more than the dividends.

So £30/£60/£150 per cabin, depending on the number of days (6 or fewer, 7-13 or 14 or more).

"The benefit is applicable on sailings through July 31, 2019 aboard the brands listed below. Certain restrictions apply. Applications to receive these benefits should be made at least three weeks prior to cruise departure date. 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, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2019. Please provide by fax or by mail your complete legal name, reservation number, ship and sailing date, along with proof of ownership of Carnival Corporation or Carnival plc shares (for example, photocopy of shareholder proxy card, a dividend tax voucher or a current brokerage or nominee statement with your brokerage account number blacked out) no later than 3 weeks prior to your sail date to your travel agent or to the cruise line you have selected below."

Can't see anything about whether the shares have to be held at the date of booking, or whether the date of travel's OK.

So £30/£60/£150 per cabin, depending on the number of days (6 or fewer, 7-13 or 14 or more).

 

"The benefit is applicable on sailings through July 31, 2019 aboard the brands listed below. Certain restrictions apply. Applications to receive these benefits should be made at least three weeks prior to cruise departure date. 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, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2019. Please provide by fax or by mail your complete legal name, reservation number, ship and sailing date, along with proof of ownership of Carnival Corporation or Carnival plc shares (for example, photocopy of shareholder proxy card, a dividend tax voucher or a current brokerage or nominee statement with your brokerage account number blacked out) no later than 3 weeks prior to your sail date to your travel agent or to the cruise line you have selected below."

 

Can't see anything about whether the shares have to be held at the date of booking, or whether the date of travel's OK.

Nor can I but as far as I understand it, if you can provide proof of ownership when you claim the benefit that's OK. I believe you can't claim it until after you have made full payment for your cruise but three weeks ahead of departure. Provided you hold the shares at that point I think the benefit is payable. Your statement will show the date you print or copy it for email so shows current ownership.

The criteria is that you have to own the shares at the time of your application. Once you have received the benefit you can do what you want with the shares.

You should receive a revised invoice showing the additional benefit.

Brian

Does any one if you can claim the OBC if you have booked a saver fare rather than select? TIA Cathy

Does any one if you can claim the OBC if you have booked a saver fare rather than select? TIA Cathy

Yes it applies to all fares

Brian

Like any good financial advisor would tell you shares can go down as well as up but you should not compare prices short term as they have been over £50 and a lot lower recently with good increases this last week or so but having bought mine for £21 and the dividends and shareholder benefit of OBC have been an excellent investment.

Good advice above. They seem volatile at the moment which may not be the best time to buy long term

Yes it applies to all fares

Brian

Thanks Brian

Does anyone know how much it is just now for 100 shares?

Does anyone know how much it is just now for 100 shares?

Current price is £47.15 per share so £4715 for 100.

Plus stamp duty (0.5%) £23.57 plus dealing costs (around £12 for on line dealing)

Brian

Thanks Brian.

Sorry, should have asked at the same time - what does the dividend work out at? Just wondering if it is worth a punt.

Sorry, should have asked at the same time - what does the dividend work out at? Just wondering if it is worth a punt.

At todays rate for shares (£47 per share) our dividend received in the past 12 months worked out at approx 3% p/annum.

It's also worth remembering that the onboard credit does not only apply to P&O , but all Carnival brands, ie Carnival, Princess, Holland America, Seabourn, Cunard, Costa, Aida and of course P&O

The onboard credit is paid in the onboard currency of the particular line. For ships that use US$ the rates are $250, $100, $50. The ones in £ they are £150, £60, £30. The ones in € are €200, €75, €40. And the ones in Aus$ , aus$ 200, aus$ 100, aus$ 50. All of the above are based on 14 days plus, 7- 13 days and 6 days or less.

The onboard credit also appears to be combinable with any other onboard credit offers and is irrespective of whether a saver fare or select price is booked.

The onboard credit is in addition to any dividend received, so if you cruised on P&O for 14 nights per year, you would be in fact receiving over 6% return on your money, which is far better than any uk savings.

Although I am a share holder, i am not a financial adviser and would recommend that anyone considering purchasing shares seek financial advice to ensure that they are suitable for you.

Sorry, should have asked at the same time - what does the dividend work out at? Just wondering if it is worth a punt.

The dividend is currently 2.49% which is not brilliant by any means, but on par with the best UK interest rates. For 100 shares it is around £150-160 a year depending on exchange rates, at the current dividend of $1.60/share. For a lot of people the real gain is the OBC. I have had my shares since our first Carnival cruise and paid £1800 for 100 shares, since then I have had much more than this in OBC and Divi's, now we are retired we hope to cruise even more. As the saying goes "You pay your money and take your chances".

Sorry, should have asked at the same time - what does the dividend work out at? Just wondering if it is worth a punt.

Four dividends a year, tax free if you are a basic rate taxpayer, my dividend last month was £38.99 so 7% net interest on the £2200 my hundred shares cost me. Or 3.3% on todays share price.

the dividend does vary per quarter, it is currently 50 cents per share but was 35 cents back in 2016

Your dividend is in dollars converted to pounds

Sorry, should have asked at the same time - what does the dividend work out at? Just wondering if it is worth a punt.

The current dividend is $0.50 per share so $50 for 100.

It is paid quarterly so $200 per year.

For UK shareholders, it is converted to sterling at the exchange rate at the time. The last dividend in Sept of $50 was paid as £38.99

So if you assume annual dividends of £150 and a purchase price of £4800, this works out at a return of 3.1%. Add on the OBC for one two week cruise and the return doubles.

Brian