RCL Stock

[Wilson]

Ok, I read 90 pages and still don't know if I should buy or not. LoL

Really interesting looking back at some of the old comments.

[exm]

11 hours ago, Wilson said:

Ok, I read 90 pages and still don't know if I should buy or not. LoL

Really interesting looking back at some of the old comments.

 

When Covid hit and all cruise lines were shutdown, RCL was hovering around $22. When everything re-opened and cruising restarted, RCL hit $80. All-time high is around $120 or so. Right now it's trading around $32. They have a ton of debt, but with all ships sailing they should be in a good position to pay off the debt relatively quickly.

 

In my opinion RCL will stay between the $30-$40 bandwith this year until we know if inflation levels off. Next year I expect RCL to easily double. Anyway, my personal take.

[yogimax]

9 minutes ago, exm said:

Next year I expect RCL to easily double. 

Beware statements like this.

[exm]

2 minutes ago, yogimax said:

Beware statements like this.

 

Easily double means a price around $60-$65. You don't think that's a possibility?

[BermudaBound2014]

54 minutes ago, exm said:

 

Easily double means a price around $60-$65. You don't think that's a possibility?

 

What happened before Covid doesn't matter. Right now it's all about the ability to service what appears to be insurmountable debt. RCL has never seen debt like this before. And it's still growing.

 

Anything is possible, but I do not expect RCL to hit $60 next year. 

 

 

[yogimax]

1 hour ago, exm said:

 

Easily double means a price around $60-$65. You don't think that's a possibility?

I don't have a crystal ball.  The problem is that some folks are coming to these boards  assuming that everyone who posts has expertise.  In addition, this is a board for those who love RCCL which tends to skew the responses.

[cruisegirl1]

13 hours ago, Wilson said:

Ok, I read 90 pages and still don't know if I should buy or not. LoL

Really interesting looking back at some of the old comments.

Probably best to seek the advice of your Financial Consultant.

 

m

[At Sea At Peace]

19 minutes ago, cruisegirl1 said:

Probably best to seek the advice of your Financial Consultant.

 

m

 

They've lost versus thrown darts numerous times.  ☺️

 

Whether human or other.

 

https://www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/?sh=3e40dc9f630a

 

https://www.marketwatch.com/story/random-darts-beat-hedge-fund-stars-again-2019-06-26

 

 

[grandgeezer]

1 hour ago, At Sea At Peace said:

 

They've lost versus thrown darts numerous times.  ☺️

 

Whether human or other.

 

https://www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/?sh=3e40dc9f630a

 

https://www.marketwatch.com/story/random-darts-beat-hedge-fund-stars-again-2019-06-26

 

 

Does it make a difference that the first article was published in 2012 and the second one in 2019, we’ll before the pandemic??

[DirtyDawg]

There is a 52 week low thread over on the Celebrity board too.

I have copied one of my posts below.

 

I was in the investment business for over 30 years as and analyst and portfolio manager. Companies' like Royal have never met my definition of an 'investment'. At best they are speculations. Too leveraged, both operationally and financially. I never would risk my clients' money with these types of companies. If I would not buy these type of companies for my clients I would never buy them for my personal account. 

 

I'm retired now from the industry and I'm teaching at University (Hey, you have to do something fun in your retirement!). So I was free to purchase RCL shares in March 2020. I made money with my speculation but I could have done the same by going to the local casino and betting at the roulette table, probability with less risk too. Today, RCL's financial position is far worse than it was in March 2020. For me, to even speculate with this stock now, I'd have to do a detailed credit analysis of the company to determine the probability that this Company might go bankrupt over any reasonable holding period. With the sharp decline in the prices of other true 'investments' which have similar upsides, the risk reward is not currently very attractive for even a speculation on RCL stock in my opinion.

[At Sea At Peace]

1 hour ago, grandgeezer said:

Does it make a difference that the first article was published in 2012 and the second one in 2019, we’ll before the pandemic??

 

No, not at all.

 

Have monkeys or other dart throwers changed?  😁

 

Alternately, how has the pandemic made the record of financial advisors more successful?

 

But hey, I only took the first two links.  Here's some more time sensitive ones, post pandemic.  🙄

 

https://buffett.cnbc.com/video/2022/05/02/buffett-would-bet-on-monkeys-throwing-darts-to-outperform-financial-advisers.html

 

2022 ANNUAL MEETING

Buffett would bet on monkeys throwing darts to outperform financial advisers

 

https://financhill.com/blog/investing/can-a-monkey-beat-the-market

 

Finally, the post was 'sarcasm' about relying on financial advisors as a solid, proven, homogenous group of always successful, correct stock market pickers; i.e., which they are not.

[John&LaLa]

Bought 100 shates on Thursday @ $35 per share. Allready have OBC applied to 10 future cruises. Instant $1000 dividend. 😇

[exm]

38 minutes ago, John&LaLa said:

Bought 100 shates on Thursday @ $35 per share. Allready have OBC applied to 10 future cruises. Instant $1000 dividend. 😇

 

How do you applied this for 10 cruises in the future? I was under the impression you can only apply this a few weeks prior to cruising?

[Ocean Boy]

1 minute ago, exm said:

 

How do you applied this for 10 cruises in the future? I was under the impression you can only apply this a few weeks prior to cruising?

You can apply it to as many cruises as you have booked. However, the statement of ownership cannot be more than 90 days old at the time that you apply for the credit.

[DirtyDawg]

43 minutes ago, John&LaLa said:

Bought 100 shates on Thursday @ $35 per share. Allready have OBC applied to 10 future cruises. Instant $1000 dividend. 😇

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. 

[exm]

40 minutes 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. 

 

You really think chapter 11 is in their future? If so, you think they would go down the route to void customer deposits? That would be an instant kill for the company. 

[grandgeezer]

1 hour ago, At Sea At Peace said:

 

No, not at all.

 

Have monkeys or other dart throwers changed?  😁

 

Alternately, how has the pandemic made the record of financial advisors more successful?

 

But hey, I only took the first two links.  Here's some more time sensitive ones, post pandemic.  🙄

 

https://buffett.cnbc.com/video/2022/05/02/buffett-would-bet-on-monkeys-throwing-darts-to-outperform-financial-advisers.html

 

2022 ANNUAL MEETING

Buffett would bet on monkeys throwing darts to outperform financial advisers

 

https://financhill.com/blog/investing/can-a-monkey-beat-the-market

 

Finally, the post was 'sarcasm' about relying on financial advisors as a solid, proven, homogenous group of always successful, correct stock market pickers; i.e., which they are not.

Nobody is always successful all the time. The idea is to be right more times than wrong and when you’re wrong hopefully you are realllly wrong. You don’t need a financial planner to make money in the stock market, long haul. If you put effort into it, even someone like me can do really really well even including this economy as of today.

[At Sea At Peace]

15 minutes ago, grandgeezer said:

Nobody is always successful all the time. The idea is to be right more times than wrong and when you’re wrong hopefully you are realllly wrong. You don’t need a financial planner to make money in the stock market, long haul. If you put effort into it, even someone like me can do really really well even including this economy as of today.

 

Of course.

 

That, however, wasn't the point we were musing.  That was relying on a financial planner, as the best choice.  You actually concur in this reply.

 

Cheers.

 

Take care.

[John&LaLa]

1 hour 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. 

 

No idea, and no energy to add it up😁

 

I do have $45000 paid on UWC, though.

 

My TA tells me Canadian law protects me to some extent

[nelblu]

1 hour ago, exm said:

 

How do you applied this for 10 cruises in the future? I was under the impression you can only apply this a few weeks prior to cruising?

I applied online for 2 cruises, one in  September and the other in December.  Applied on Wednesday and got e-mail on Saturday July 7th telling that the 2 X $100 in OBC have been applied to my account.

 

Impressed with the efficiency.

[exm]

2 minutes ago, nelblu said:

I applied online for 2 cruises, one in  September and the other in December.  Applied on Wednesday and got e-mail on Saturday July 7th telling that the 2 X $100 in OBC have been applied to my account.

 

Impressed with the efficiency.

I assume you had to submit a brokerage statement?

[DirtyDawg]

5 minutes ago, John&LaLa said:

 

No idea, and no energy to add it up😁

 

I do have $45000 paid on UWC, though.

 

My TA tells me Canadian law protects me to some extent

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? 

[Tlbecker1]

2 minutes ago, exm said:

I assume you had to submit a brokerage statement?

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.

[nelblu]

2 minutes ago, exm said:

I assume you had to submit a brokerage statement?

Yes, I attached it to the online application.  Hid all data except my name, RCL position, and date of statement.

The process is quite easy and one brokerage statement for many sails.

[nelblu]

2 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? 

I believe it's a world cruise.