Jump to content
  • Deals
  • Find a Cruise
  • Reviews
  • News
  • Cruise Tips
,

RCL Stock


heidikay
 Share

Recommended Posts

Oh... we are close to the same age. I had you pictured as a young whipper-snapper ;-). 

 

I purchased shorts in July of 2021 in all three cruise companies. Normally I shy away from shorts because it's the only think you can lose to infinity; but IMO the writing has been on the wall here. I only short companies I feel like I have a very good pulse on. Cruising has been a hobby of mine since the mid 80's and this short investment has been very lucrative.

 

The rest of my portfolio has seen tough times in 2022 🙂 

 

 

 

 

Link to comment
Share on other sites

25 minutes ago, BermudaBound2014 said:

 

I purchased shorts in July of 2021 in all three cruise companies.  

 

 

 

 

Assume you took a  ‘short position’?  Never heard of ‘purchasing a short’, as there is nothing to purchase. (Perhaps I’m more ignorant to my own investing than I realize).

Link to comment
Share on other sites

Just now, bucfan2 said:

Assume you took a  ‘short position’?  Never heard of ‘purchasing a short’, as there is nothing to purchase. (Perhaps I’m more ignorant to my own investing than I realize).

 

I consider it a "purchase: since there is money to lose; but my grammar could be better.

Link to comment
Share on other sites

10 minutes ago, bucfan2 said:

Assume you took a  ‘short position’?  Never heard of ‘purchasing a short’, as there is nothing to purchase. (Perhaps I’m more ignorant to my own investing than I realize).

 

It's legalized gambling. Shorting is not "investing". IDGAF what anyone says. It should be illegal. 😉

 

  • Haha 1
Link to comment
Share on other sites

4 minutes ago, NightOne said:

 

It's legalized gambling. Shorting is not "investing". IDGAF what anyone says. It should be illegal. 😉

 

 

Actually, shorts help make the market and I am thankful for them.

 

Plus, some folks earn a little interest off of lending their shares to short sellers.

 

 

  • Like 4
Link to comment
Share on other sites

1 minute ago, dada2199cc said:

 some folks earn a little interest off of lending their shares to short sellers.

 

 

And a ton of $ selling them to someone that needs to cover when they can’t get out….and yes, it happens. 

Link to comment
Share on other sites

16 minutes ago, bucfan2 said:

And a ton of $ selling them to someone that needs to cover when they can’t get out….and yes, it happens. 

 

Yeah I've done pretty well when Schwab reached out to me about putting my shares (of other stock) up for lending.  They pay between 30% and 70% out to the shareholder from their share lending program -- which is nice income for honestly zero risk.

 

Wish I could mark ALL my stock as lendable!

  • Like 3
Link to comment
Share on other sites

23 minutes ago, dada2199cc said:

 

Actually, shorts help make the market and I am thankful for them.

 

Plus, some folks earn a little interest off of lending their shares to short sellers.

 

 

 

You'll never convince me. LOL 

 

Shorting is the exact opposite of investing. 🙂

 

BTW, you never e-mailed me about your price tracking app. So sad. 😞

Link to comment
Share on other sites

5 minutes ago, NightOne said:

 

 

BTW, you never e-mailed me about your price tracking app. So sad. 😞

 

Oh I'll track that down!  I had the hurricane to deal with and was in Florida prepping with the neighbors so I missed a bunch of emails!

  • Like 1
Link to comment
Share on other sites

17 hours ago, yogimax said:

Instead of shorting with unlimited risk, you could buy puts which limits the amount you could lose.

Yes, there are many strategies that you can employ if you want to invest/speculate that a stock, or market or a commodity etc. will decline in price. Some people think shorting is speculation and going long is investment. Quite frankly, it depends on the person's level of knowledge about the investment and about it's risks that makes either going short or going long an investment or just a speculation. In my experience, most retail 'investors' who naturally go long, are in fact just speculators. (Psst, some professionals too!) 😉

  • Like 3
Link to comment
Share on other sites

2 hours ago, DirtyDawg said:

 Quite frankly, it depends on the person's level of knowledge about the investment and about it's risks that makes either going short or going long an investment or just a speculation.

 

Exactly this. I don't claim to be an expert investor, but I didn't go short to lose money and I won't ever go short unless I feel comfortable with my knowledge of the industry. 

 

To me, the writing has been on the wall and I saw very little risk going short last July. Let's see....the cruise companies were entirely shuttered for 18 months. The path back to sailing was cluttered with very expensive covid protocols which cost the cruise lines in terms of both $$$ and people willing to cruise. A very real mind shift in how Johnny Public views cruising due to months of very bad press related to petri dishes. A new public much more sensitive to virus exposure (all virus) which increases with population density (less likely to choose cruising). Debt mounting into the Billions (with a B). Interest on said debt rising rapidly. And now we have a very serious recession. Shorting seemed much less risky than remaining long. Speculation that proved very lucrative. 

 

Don't hate the player, hate the game ;-). 

Edited by BermudaBound2014
  • Like 1
Link to comment
Share on other sites

3 hours ago, BermudaBound2014 said:

 

Exactly this. I don't claim to be an expert investor, but I didn't go short to lose money and I won't ever go short unless I feel comfortable with my knowledge of the industry. 

 

To me, the writing has been on the wall and I saw very little risk going short last July. Let's see....the cruise companies were entirely shuttered for 18 months. The path back to sailing was cluttered with very expensive covid protocols which cost the cruise lines in terms of both $$$ and people willing to cruise. A very real mind shift in how Johnny Public views cruising due to months of very bad press related to petri dishes. A new public much more sensitive to virus exposure (all virus) which increases with population density (less likely to choose cruising). Debt mounting into the Billions (with a B). Interest on said debt rising rapidly. And now we have a very serious recession. Shorting seemed much less risky than remaining long. Speculation that proved very lucrative. 

 

Don't hate the player, hate the game ;-). 

🥱 

Link to comment
Share on other sites

On 9/30/2022 at 11:10 AM, BermudaBound2014 said:

 

 

I believe Ch 11 is on the table, but if I was a young investor like you, I might take a chance. As a retired Gen Z, I'm holding this short for the quick win. 

 

Shorting is just gambling. Might as well put it on red.

  • Like 2
  • Haha 4
Link to comment
Share on other sites

35 minutes ago, John&LaLa said:

 

Shorting is just gambling. Might as well put it on red.

The entire stock market is gambling.  That's why it's so fun.  Only play with money you can afford to lose. 
Now I'm building portfolios for my grandkids. 

  • Like 3
Link to comment
Share on other sites

33 minutes ago, MaryZ said:

The entire stock market is gambling.  That's why it's so fun.  Only play with money you can afford to lose. 
Now I'm building portfolios for my grandkids. 

I’ve been having fun in the stock market for almost 35 years now and have had a blast. It doesn’t hurt than I’ve done really well in it. I’ve ridden the wave up and I’ve ridden it down several times so this downward trend hasn’t really upset me.

As far as grandkids, we have one and he will be a freshman at A.S.U. this fall. We have fully funded a 529 college fund so hopefully he will graduate with little or no debt. 
We have also helped his dad and mom pay off their house. They are going to get it all when we go so we might as well give them some when they need it. We have everything we want and do everything we want so we are giving up nothing by helping them out.

A comment on your post on only play with money you can afford to lose, it’s really scary when that number is well into six digits, not including the cents.

  • Like 3
  • Haha 1
Link to comment
Share on other sites

18 hours ago, John&LaLa said:

 

Shorting is just gambling. Might as well put it on red.

Life is just gambling. Each and every day right from conception until death. We just try to tilt the odds in our favour and 'roll the dice"! 🎲 🎲

  • Like 3
Link to comment
Share on other sites

This cruise industry becomes more  & more   intriguing  . Well we booked 5 new cruises adding to ur already 87 past cruises  for this & next year . 

 

 We also took out vendor default  insurance with in our trip insurance ,that added cosy not that much to protect our invested  dollars into these new cruises 

 

 About the cruise line stocks ,tight now they all are a crap shoot because of their heavy debt burdens   . I just don't fool with companies  in their financial conditions . I don't gamble  .There ate way netter companies  with great dividend payouts  that have dropped considerably in price per share , I use a strategy of  triple shorting  the S& P  500 while picking up cheap shares of dynamic companies  over time as this stock market implodes   .Much simpler than  taking out puts  on many stocks at a  real cost   & those puts have expiration dates  . I just like to short one symbol  the S&P  500 while getting loaded up with high paying quality dividend stocks  that will be  vaulting  in price when this bear is finished  ravaging  

  • Like 2
Link to comment
Share on other sites

On 9/30/2022 at 12:06 PM, grandgeezer said:

It’s below $39, you must be all in, unless it’s just all talk.

 

The recession is real. I will start picking up stocks slows. Note that I'm not investing into CCL.

Link to comment
Share on other sites

MIAMI – October 6, 2022 – Royal Caribbean Cruises Ltd. (NYSE: RCL) (the “Company”) today announced that it has closed its concurrent private offerings of $1.0 billion aggregate principal amount of 9.250% senior guaranteed notes due 2029 (the “Senior Guaranteed Notes”) and $1.0 billion aggregate principal amount of 8.250% Senior Secured Notes due 2029 (the “Senior Secured Notes,” together with the Senior Guaranteed Notes, the “Notes”). Each series of Notes will mature on January 15, 2029, unless earlier redeemed or repurchased.

 

The Company is using the combined net proceeds from the sale of the Notes, together with cash on hand, to redeem all of its 9.125% priority guaranteed notes due 2023 and 10.875% senior secured notes due 2023, each with an aggregate principal amount of $1.0 billion.

 

The Senior Guaranteed Notes will be guaranteed on a senior unsecured basis by RCI Holdings LLC, which owns 100% of the equity interests of certain of the Company’s wholly-owned vessel-owning subsidiaries.

 

 

 

 

 

The Senior Secured Notes will be guaranteed by Celebrity Cruises Inc., Celebrity Cruises Holdings Inc. and certain of the Company’s wholly-owned vessel owning subsidiaries. The Senior Secured Notes and the related guarantees will be secured by 26 of the Company’s vessels and material intellectual property of the Company in an amount not to exceed permitted capacity under the Company’s existing indebtedness.

 

The Notes were offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States, only to certain non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.

 

https://www.sec.gov/Archives/edgar/data/884887/000110465922106834/tm2227571d1_ex99-1.htm

Link to comment
Share on other sites

7 minutes ago, Biker19 said:

MIAMI – October 6, 2022 – Royal Caribbean Cruises Ltd. (NYSE: RCL) (the “Company”) today announced that it has closed its concurrent private offerings of $1.0 billion aggregate principal amount of 9.250% senior guaranteed notes due 2029 (the “Senior Guaranteed Notes”) and $1.0 billion aggregate principal amount of 8.250% Senior Secured Notes due 2029 (the “Senior Secured Notes,” together with the Senior Guaranteed Notes, the “Notes”). Each series of Notes will mature on January 15, 2029, unless earlier redeemed or repurchased.

 

The Company is using the combined net proceeds from the sale of the Notes, together with cash on hand, to redeem all of its 9.125% priority guaranteed notes due 2023 and 10.875% senior secured notes due 2023, each with an aggregate principal amount of $1.0 billion.

 

The Senior Guaranteed Notes will be guaranteed on a senior unsecured basis by RCI Holdings LLC, which owns 100% of the equity interests of certain of the Company’s wholly-owned vessel-owning subsidiaries.

 

The Senior Secured Notes will be guaranteed by Celebrity Cruises Inc., Celebrity Cruises Holdings Inc. and certain of the Company’s wholly-owned vessel owning subsidiaries. The Senior Secured Notes and the related guarantees will be secured by 26 of the Company’s vessels and material intellectual property of the Company in an amount not to exceed permitted capacity under the Company’s existing indebtedness.

 

 

Thanks.

 

These are the cream (senior guaranteed and senior secured; i.e., securitized, collateralized) of the debt crop for RCL, 2-3% less than the previous $1.25Bs senior unsecured recently.  

 

A long time ago @BermudaBound2014 projected that RCL might be the one with the best chance to survive.   Their Morgan Stanley backstopping of 2023 debt replacement was a key factor.

 

The debt market seems to agree. In order, RCL yields the lowest, NCL noticeably behind and CCL pretty much 'towel throwing' time.

Link to comment
Share on other sites

On 10/2/2022 at 8:35 PM, exm said:

The recession is real. I will start picking up stocks slows. Note that I'm not investing into CCL.

CCL traded this week at book value.  I.e The value of liquidating all its ships & assets.  How much lower could it go than that?

Link to comment
Share on other sites

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
 Share

  • Forum Jump
    • Categories
      • Forum Assistance - Welcome to Cruise Critic
      • Q&A: Cruise Insurance with Steve Dasseos of the TripInsuranceStore.com - November 2022
      • Holiday Exchange - Jingle and Mingle 2022
      • New Cruisers
      • Cruise Lines “A – O”
      • Cruise Lines “P – Z”
      • River Cruising
      • ROLL CALLS
      • Digital Photography & Cruise Technology
      • Special Interest Cruising
      • Cruise Discussion Topics
      • UK Cruising
      • Australia & New Zealand Cruisers
      • Canadian Cruisers
      • North American Homeports
      • Ports of Call
      • Cruise Conversations
×
×
  • Create New...