Shareholder stock credit denied...anybody else experience this?

[ALWAYS CRUZIN]

The past two years the casino rate was actually higher that what I received from my TA. Plus better OBC and perks from them that you do not get with the casino offer direct book with Carnival. Once it was exactly the same. So I never have had a problem getting the stock holders OBC.

[NCTribeFan]

Up until very recently (cruises booked after 6/1/19), Royal's lines would not grant s/h OBC for ANY fare that was reduced or had perks associated with it.  At least, that's what I was told on the X board.  I booked my first X in June, sailing in May 2021 and the s/h credit was accepted and applied!  I only sent it in because I was afraid they'd change their minds.  I certainly didn't expect it to be applied to a cruise >600 days away!

 

The cruiselines can restrict the shareholder credit in any way they wish!  They don't have to grant it at all.  It's a perk and like so many other perks, it can be denied or discontinued altogether.

 

Receiving the OBC is certainly nice, but I didn't purchase the stock for that reason alone.  The investment needs to fit with your overall strategy.  I bought both CCL and RCL because I thought they were good investments.  Yes, I've received about $2k in OBCs since I purchased (and, luckily, my timing was good and I bought at about $20/sh), but I would've purchased at that price even without the benefits.

[VentureMan_2000]

$2K in OBC is 100% return right there...  and then there are dividends you received...  and the value of the stock has increased about 140%...

Yes in deed, you have made a great investment.  😀

[BlerkOne]

4 hours ago, pirateg11 said:

This is actually one of the things that makes me shy away from purchasing the 100 shares, since I always sail on a casino rate. Without the $100 OBC, this seems a less appealing investment.  What should it matter what rate you get for the sailing, you're still a stock holder? 

 

It's a promotion, just like casino rates. Why should Carnival allow you to double dip? Most Royal cruisers with upper status I know have sold their stock because Royal makes it harder to double dip.

 

At the end of the day, most Carnival stock is held by institutions and not individuals (excluding perhaps Arison). Institutions receive no incentive. Perhaps that says something?

[NCTribeFan]

17 hours ago, VentureMan_2000 said:

$2K in OBC is 100% return right there...  and then there are dividends you received...  and the value of the stock has increased about 140%...

Yes in deed, you have made a great investment.  😀

 

Yes, but if I weren't cruising multiple times a year, think how much money I wouldn't have spent to get those OBCs? 😋