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Carnival Shares...........


Cosmic Rays

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I see that the shares have fallen in price recently. Are they worth buying and if so, what are the minimum number of shares you have to purchase? Do the benefits make it a worthwhile investment I wonder?

That's probably a question for the folks over on the Carnival boards, hehehe:D

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Wrong board, but I can answer. You need 100 shares and they are good for OBC on all their ships: HAL, Princess, Cunard, etc.

 

However, the OBC thing is year to year so it could be discontinued any time but has been around for years so I wouldn't worry too much about that.

 

I do know that RCCL limits use of them for OBC but don't know about Carnival. On RCCL, you can't use it with any OBC given by RCCL like balcony discount, booking on board, etc.

 

Tucker in Texas

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I see that the shares have fallen in price recently. Are they worth buying and if so, what are the minimum number of shares you have to purchase? Do the benefits make it a worthwhile investment I wonder?

 

You're asking a general message board about investment advice? Are you nuts?

 

(said the guy who bought RC stock at 44.88 and sold it at 8)

 

Sent from my iPad using Tapatalk HD

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Thanks for your answers and yes, I should have posted on the Carnival site. A lapse in concentration I think as our next two cruises are with RCCI..............senior moment perhaps!!!!!

If I bought RCCI shares are their benefits good to use within a month?

 

If you'll check the financial news on cruise lines, you'll discover that stocks on all cruise lines have dropped some, as news that they're either suspending or slowing down the construction of new ships; that they overbuilt and now have a surplus of ships; that the few unfortunate incidents have caused a lack of confidence among many prospective cruisers; and that the overall economy hasn't been favorable for cruising (although it seems the ships are always full...)

 

They "may" be a good buy in the long run, but if you're looking for a profitable return in the short run, buy Colgate Palmolive (they make Pampers) ...you know they're business is going to continue going strong.....:D

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Carnival is a stock that pays about a 3 percent dividend plus gives you OBC on all the cruise lines under their umbrella. The OBC is not as restricted as RCCL or NCLH. You can combine any OBC on the Carnival company cruises.

 

Carnival also has a much lower debt/equity ratio than the other lines. Carnival was 0.67 the last time I checked, and RCCL was 0.98. NCLH was 1.36 (That is referred to as underwater in real estate jargon)

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You're asking a general message board about investment advice? Are you nuts?

 

(said the guy who bought RC stock at 44.88 and sold it at 8)

 

Sent from my iPad using Tapatalk HD

 

WHY??

 

You should at least have held on to it to see what the stock was going to do. At least if you sold them at todays current market value then your loss wouldn't have been that astronomically high!

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