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Carnival Corp. earnings out today.


DaveOKC
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Probably dumb question(forgive me, I'm learning).......I see a lot of the regulars on here talking about their OBC because they own stock....Is this something done (buying stock) directly through HAL or just something you have done on your own?

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Probably dumb question(forgive me, I'm learning).......I see a lot of the regulars on here talking about their OBC because they own stock....Is this something done (buying stock) directly through HAL or just something you have done on your own?[/quot

 

You buy at least 100 shares of CCL common stock, send proof of ownership to HAL or whatever Operating Company under the CCL umbrella on which you are cruising and you will have credited to your onboard account a certain dollar amount, based upon the length of the cruise.

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We have found it to be a good investment. Now. . . if they would only double the OBC'S for every 100 shares purchased! Fat chance.

 

But, it is not a good investment idea to buy CCL just to receive the onboard credit.

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Despite my criticism of Holland America Line, I have to be quite pleased with the performance of the Carnival Group of Companies. The management of Holland America Line is doing something right. Shareholders are receiving good value from their equity investments. Let's give credit where credit is due. Management has been able to create a real niche of customers for HAL. For the most part, HAL has created a fiercely loyal customer base. This base is older and probably has more disposable income to spend on cruise vacations. I also think that Carnival Corporation has become very strategic in allowing HAL cruisers to smoke on the balconies of their ships. I've been critical of HAL, as I perceive the cruise line as offering a "product" that is inferior to what has been offered in the past. Management and shareholders, however, must be very grateful for the positive response of today's customers.

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But, it is not a good investment idea to buy CCL just to receive the onboard credit.

 

We bought Carnival stock many years ago when it was sailing for about $12 a share. And we sailing 4 and 5 cruises a year.

Got lots of shipboard credit over the years.

So it was a good investment for us.

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Probably dumb question(forgive me, I'm learning).......I see a lot of the regulars on here talking about their OBC because they own stock....Is this something done (buying stock) directly through HAL or just something you have done on your own?

 

The attached .pdf file describes the CCL Shareholder Benefit Program. If you have any specific questions, contact the respective CCL subsidiary at the address or 'phone number listed. IMO the CCL SB Program is a sound investment, especially if you plan to do any significant amount of cruising on CCL-affiliated cruise lines. Good luck and smooth sailing.

 

Rod

CCL-SHB2015.pdf

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But, it is not a good investment idea to buy CCL just to receive the onboard credit.

 

Very true, but I like the $1 per share dividend, the fact that oil prices are half of what they were last year, and the aging US population (older folks tend to cruise more).

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But, it is not a good investment idea to buy CCL just to receive the onboard credit.

 

Perhaps not if one buys just for the OBC's and cruises only every other year. Hwwever, CCL also pays a dividend, around 2.5%?? That plus the OBC, plus increased value makes it worthwhile for us, anyway.

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Probably dumb question(forgive me, I'm learning).......I see a lot of the regulars on here talking about their OBC because they own stock....Is this something done (buying stock) directly through HAL or just something you have done on your own?

 

Thank you all for the info.....do you mind telling us what kind of OBC you have rec'd?

 

We delayed purchasing the stock for years.. Finally in March of 2009 we purchased our 100 shares, through our Broker for $18.24900 a share Total cost was $1895 which included the commission..

 

We normally take the longer cruises which gives us $250 in OBC for each cruise..

 

Since 2009 we've collected $1660 in OBC's plus $465 in Dividends which includes the one coming due at the end of this month for $25...When we first received dividends it was $10 per quarter.. In 2011 CCL upped the dividends to $25. per quarter..

 

Today's closing price was $47.12 per share..

 

We've done very well since we purchased the stock..Our only regret is we should have purchased more than 100 shares, as it's been a good investment so far..:D:D

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We are taking our first HAL cruise in May. We have only cruised with NCL so far, and our last cruise with them was just okay, it left us with little desire to book with them again. So we are giving HAL a whirl, truly hoping to like it if not love it. If we do like HAL I could see us investing in shares, as an investment. The perk of OBC would also be a plus as we cruise once a year and would like to up that to two or three cruises a year starting next year.

 

Can't see ourselves cruising with Carnival ships, I think we are more of the HAL demographic now. We cruise for relaxation so the term "Fun Ship" scares me a little :eek: LOL Though I shouldn't judge them until we actually try them.

 

Lorie

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Probably dumb question(forgive me, I'm learning).......I see a lot of the regulars on here talking about their OBC because they own stock....Is this something done (buying stock) directly through HAL or just something you have done on your own?

You buy the stock through a stock broker. Many people use online discount brokers where the cost to purchase is low, such as around $7 per buy or sell transaction. You need 100 shares to claim the shareholder onboard credit. You do not have to hold the stock for any certain length of time to use the benefit. In addition to the onboard credit benefit, Carnival Corporation has historically paid a dividend on a regular basis. For people that cruise frequently on Carnival brands (HAL, Carnival, Princess, et.al.), it is a worthwhile benefit. Many people buy and hold their CCL stock for years and use the benefit over and over and over.

 

http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit

 

Carnival Corporation also has a DRIP, a dividend reinvestment program, if one wanted to utilize that after buying their CCL shares.

 

http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-proxy

 

Shares of CCL were up $2.70 per share today to $47.12 after announcing better than expected earnings and favorable news, although the stock is down slightly in after-hours trading.

 

http://www.marketwatch.com/story/carnival-shares-rally-as-profit-beats-expectations-2015-03-27

 

Hope that helps, Ricktan.

Edited by winddawn
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