RCL Stock

[John&LaLa]

9 minutes ago, DirtyDawg said:

I'm stuck in my Econ/finance mode today so it's all GDP,TVM, TSFA, FOREX,ROA, ROE etc. Setting two midterms all day. What's UWC? 

 

Ultimate World Cruise. 

[DirtyDawg]

1 minute ago, John&LaLa said:

 

Ultimate World Cruise. 

THX. 😀

[zebra36]

12 hours ago, Tlbecker1 said:

Everyone has to submit a brokerage statement to receive the shareholder OBC.  The best part is that you can submit all of your cruises at once with 1 statement attached.

They will also accept a copy of the proxy statement once you have held the stock long enough to get one, saves the bother of blacklining a bunch of info they do not need.

[nelblu]

18 minutes ago, zebra36 said:

They will also accept a copy of the proxy statement once you have held the stock long enough to get one, saves the bother of blacklining a bunch of info they do not need.

Not helpful if you have sails and proxy's are many months away.

[John&LaLa]

22 minutes ago, zebra36 said:

They will also accept a copy of the proxy statement once you have held the stock long enough to get one, saves the bother of blacklining a bunch of info they do not need.

 

I just did a screenshot of the transaction screen. No need to hide anything😁

 

On a related note, just got an email saying no OBC will be applied to a casino comp cruise

[Jimbo]

6 minutes ago, John&LaLa said:

 

I just did a screenshot of the transaction screen. No need to hide anything😁

 

On a related note, just got an email saying no OBC will be applied to a casino comp cruise

Is that normal or is that a change from the past?

[The Scurvy Pirate]

15 hours ago, DirtyDawg said:

How much do you have tied up in deposits with this company for the 10 cruises? If I'm not mistaken if this thing goes Chapter 11 customer deposits are just another unsecured creditor ranking behind the secured creditors.  Any U.S. consumer law lawyers out their want to chime in. 

I am in no way offering legal advice....

 

11 U.S.C. §507(a)(7) provides priority status to claims up to $3,025 "arising from the deposit, before the commencement of the case, of money in connection with the purchase, lease, or rental of property, or the purchase or services, for the personal, family, or household use of such individuals, that were not delivered or provided."

Edited July 13, 2022 by The Scurvy Pirate

[John&LaLa]

1 hour ago, Jimbo said:

Is that normal or is that a change from the past?

 

No idea. Seems legit. I asked on the Club Royale thread, no answer yet

[zebra36]

9 hours ago, nelblu said:

Not helpful if you have sails and proxy's are many months away.

Proxy comes annually and have yet to encounter a problem using it. I just copy and use as needed throughout the year.

[At Sea At Peace]

8 hours ago, The Scurvy Pirate said:

I am in no way offering legal advice....

 

11 U.S.C. §507(a)(7) provides priority status to claims up to $3,025 "arising from the deposit, before the commencement of the case, of money in connection with the purchase, lease, or rental of property, or the purchase or services, for the personal, family, or household use of such individuals, that were not delivered or provided."

 

IANAL

 

Does that reference apply to non-United States incorporated entities incorporated in other nations?

 

[bucfan2]

12 hours ago, John&LaLa said:

 

On a related note, just got an email saying no OBC will be applied to a casino comp cruise

Yep…It was honored on casino comp cruises provided you did an upgrade….up until 3 months ago…that has since changed. Bummer, as that used to entice us for an upgrade. 

Edited July 14, 2022 by bucfan2

[The Scurvy Pirate]

15 hours ago, At Sea At Peace said:

 

IANAL

 

Does that reference apply to non-United States incorporated entities incorporated in other nations?

 

This is for cases filed in the United States.  Although incorporated in Liberia, they could still use the US system asserting venue is appropriate under 28 USC §1408 as US/Florida is its principal place of business with its headquarters being in Miami.  There is also Chapter 15 that allows foreign corps to use the US system under certain circumstances which incorporates venue through 28 USC §1410.

[BermudaBound2014]

It's no longer rumor...

 

Royal Caribbean Group (NYSE: RCL) today announced it has received court approval to acquire the ultra-luxury cruise ship Endeavor....

The vessel was fully financed through a 15-year unsecured term loan, guaranteed by the German export credit agency, Euler Hermes, with no amortization payments in the first two years.

 

https://finance.yahoo.com/news/royal-caribbean-group-acquires-cruise-120000388.html

[BermudaBound2014]

And with today's news and the CDC stepping away, it might be time to consider flipping my shorts. This is good day for the cruise industry!!

[BermudaBound2014]

SEveral articles about the Crystal sale today

 

https://www.cruiseindustrynews.com/cruise-news/27865-royal-caribbean-ceo-endeavor-acquisition-enhances-profitability-profile.html

 

https://www.cruiseindustrynews.com/cruise-news/27864-royal-caribbean-to-honor-crystal-endeavor-guest-deposits.html

 

https://www.seatrade-cruise.com/legal-regulatory/norton-rose-fulbright-advises-kfw-ipex-bank-complex-crystal-endeavor-sale

 

[Baron Barracuda]

Endeavor is a 200 passenger glorified yacht.  Can't expect it to have any impact on RCL's financials.  If CDC news means no more testing that will help however the airline mess makes people less willing to travel.  European airports are an absolute disaster.  Got back from Munich Saturday and still waiting for Lufthansa to locate our four bags.

[exm]

54 minutes ago, Baron Barracuda said:

Endeavor is a 200 passenger glorified yacht.  Can't expect it to have any impact on RCL's financials.  If CDC news means no more testing that will help however the airline mess makes people less willing to travel.  European airports are an absolute disaster.  Got back from Munich Saturday and still waiting for Lufthansa to locate our four bags.

 

A glorified yacht with crazy prices. I do believe it will impact Royal's finances. Maybe not enough to move the stock pricing, but still.

 

I do believe we have found a bottom for the stock around $32, I won't be surprised if we test this bottom again but stay patient is key.

[BermudaBound2014]

A RCL bull vs bear debate posted by Motley Fool today. Scroll down to the heading Bull vs Bear to see Lou Whitman and Jamai Lukou discuss opposing viewpoints. No matter what we feel about Motley Fool I found it interesting.  Where do you stand? 

 

https://www.fool.com/investing/2022/07/20/bull-vs-bear-royal-caribbean-cruises/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

[Baron Barracuda]

1 hour ago, BermudaBound2014 said:

A RCL bull vs bear debate posted by Motley Fool today. Scroll down to the heading Bull vs Bear to see Lou Whitman and Jamai Lukou discuss opposing viewpoints. No matter what we feel about Motley Fool I found it interesting.  Where do you stand? 

 

https://www.fool.com/investing/2022/07/20/bull-vs-bear-royal-caribbean-cruises/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

Not sure who's balance sheet the "Bull" was looking at (or maybe what he was imbibing) but how can he say Royal has been aggressively paying down debt and debt is currently only 1x equity?  As of 3/31 ltd / equity was 7.26.  Equally scary, he says the biggest reason to be bullish is Royals efforts to use technology to boost revenue.  Their IT dept and web site have been ridiculed endlessly on these boards. 

[BermudaBound2014]

3 minutes ago, Baron Barracuda said:

Not sure who's balance sheet the "Bull" was looking at (or maybe what he was imbibing) but how can he say Royal has been aggressively paying down debt and debt is currently only 1x equity?  As of 3/31 ltd / equity was 7.26.  Equally scary, he says the biggest reason to be bullish is Royals efforts to use technology to boost revenue.  Their IT dept and web site have been ridiculed endlessly on these boards. 

IKR- these guys crack me up. 
 

So much misleading info being spewed about. Just read an article saying 80% of respondents have a cruise planned, but the respondents were customers of a cruise travel agency lol 

[Biker19]

The mere return/existence of the GGG flier might be an indicator of where RCI and the industry is headed.

[BermudaBound2014]

3 minutes ago, Biker19 said:

The mere return/existence of the GGG flier might be an indicator of where RCI and the industry is headed.

What is a GGG flier?

[Biker19]

4 minutes ago, BermudaBound2014 said:

What is a GGG flier?

Going going gone sale - Royal Caribbean International - Cruise Critic Community

 

Edited July 20, 2022 by Biker19

[BermudaBound2014]

7 minutes ago, Biker19 said:

Going going gone sale - Royal Caribbean International - Cruise Critic Community

 

 

thanks! Been so long since I’ve seen one 🙂

 

edit to add- I just looked- does that seem like an extra amount of cruises on sale? I don’t think I remember that many. What about prices? More/less than pre covid? 

Edited July 20, 2022 by BermudaBound2014

[Ocean Boy]

16 minutes ago, BermudaBound2014 said:

What is a GGG flier?

I didn't know it was back.