buying stock in cruise lines

[sprint180]

Can someone tell me....  Do NCL, Carnival, and Royal all offer on board credit if you own stock?  I thought I read you needed 100 shares for Carnival but I can't find that online but that was with a very quick search.  Are NCL and Royal 100 shares also?   Thank you for your time.

Vicki

[crzndeb]

I know that RCL is 100 shares.

[MCC retired]

Yes , all 3 of those corporations offer OBC to share holders .

Carnival Corp stock covers CCL , PCL , HAL , Cunard and others .

[CruiserBruce]

And, yes, Carnival requires 100 shares.

[drsel]

U risk losing a lot more than $100 as the share price falls due to to the expected recession in the Cruise industry, with all the cancelled Cruises and closed ports.

 

[thinfool]

Read the postings carefully.  RCL is notorious for limiting or denying SOBC if you have booked a special or 'sale' rate.

CCL lines allow SOBC to be 'stacked' with other OBC offers and extend the SOBC to all 'sale' fares and all fares that are generally available to the public.  This does exclude travel agent rates, interline rates and employee fares (but those are not public fares anyway).

[iancal]

Now is NOT the right time to buy.  Wait a few months and follow the C Virus issue.  It will have a negative impact on share prices.

[c-boy]

Really ! ..... 

 

 

 

[SRF]

On 3/6/2020 at 9:55 AM, thinfool said:

Read the postings carefully.  RCL is notorious for limiting or denying SOBC if you have booked a special or 'sale' rate.

CCL lines allow SOBC to be 'stacked' with other OBC offers and extend the SOBC to all 'sale' fares and all fares that are generally available to the public.  This does exclude travel agent rates, interline rates and employee fares (but those are not public fares anyway).

 

According a thread about this on the RCI section, they changed their policy and it combinable with many special fares or deals.

 

It seems the stock went to $5 - 6 in 2008 crash.

 

[taglovestocruise]

2 hours ago, SRF said:

 

According a thread about this on the RCI section, they changed their policy and it combinable with many special fares or deals.

 

It seems the stock went to $5 - 6 in 2008 crash.

 

It did drop to $6 which was about a 70% drop from 2007 - 2009 highs.  Today Royal is at  $45 which is close to a 70% drop from a few months ago. Time to load up??  And you are right about Royal changing restrictions on Share holder OBC, you can now combine and stack perks.. $100 for a seven day cruise and up to $250 on longer voyages.  

Edited March 12, 2020 by taglovestocruise

[navybankerteacher]

19 minutes ago, taglovestocruise said:

It did drop to $6 which was about a 70% drop from 2007 - 2009 highs.  Today Royal is at  $45 which is close to a 70% drop from a few months ago. Time to load up??  And you are right about Royal changing restrictions on Share holder OBC, you can now combine and stack perks.. $100 for a seven day cruise and up to $250 on longer voyages.  

 Right now, having gone through a “correction”, the broad equities markets are a lot more attractive than they were six weeks to two months ago when they were at an all time high after the longest recovery on record.  It may very soon be time to start buying on a dollar cost averaging basis.  Certainly risky to go all in - but trying to time the bottom is as difficult as trying to time the top.  I think the cruise lines may be facing some serious restructuring as they cope with ongoing problems, so they are still not on any prudent investor’ strong buy list — but certainly worth watching.  

 

In in any event, there is no way the meager benefits a cruiser might get from being a stockholder should outweigh fundamentals in any market —- and certainly not in today’s.

[Canuker]

"meager benefits"?
Right now $2,200 gets you 100 CCL shares.
Which in turn gets you an additional $100 obc for a 7-day cruise with any CCL brand.
Even if you only cruise once a year, that's a yield of over 4.5%.
And with the current 9% dividend yield, that's a total return of over 13%.
Not too shabby.
Even if it only makes up half the ground it has lost in the past month, that's still around a 50% improvement on today's share price.
Put it this way, I've just bought Carnival shares.
 

[chipmaster]

28 minutes ago, Canuker said:

"meager benefits"?
Right now $2,200 gets you 100 CCL shares.
Which in turn gets you an additional $100 obc for a 7-day cruise with any CCL brand.
Even if you only cruise once a year, that's a yield of over 4.5%.
And with the current 9% dividend yield, that's a total return of over 13%.
Not too shabby.
Even if it only makes up half the ground it has lost in the past month, that's still around a 50% improvement on today's share price.
Put it this way, I've just bought Carnival shares.
 

stock continues to slide and with no passengers what should they do, idle ships and layoff, but banks want their loans paid, stock holders want the company to stay solvent, dividend will be at risk.

 

silly to make OBC an argument for an investment, like spending money to save money.

 

 

[navybankerteacher]

12 hours ago, Canuker said:

"meager benefits"?
Right now $2,200 gets you 100 CCL shares.
Which in turn gets you an additional $100 obc for a 7-day cruise with any CCL brand.
Even if you only cruise once a year, that's a yield of over 4.5%.
And with the current 9% dividend yield, that's a total return of over 13%.
Not too shabby.
Even if it only makes up half the ground it has lost in the past month, that's still around a 50% improvement on today's share price.
Put it this way, I've just bought Carnival shares.
 

And how about if continuing losses forces a chapter 11 reorganization - which winds up wiping out ALL stockholder value, as well as a significant portion of creditors claims. (Remember: lending banks and debt security holders come out whole before stockholders get anything).  There is never a guarantee that share prices always bounce back - especially in an already-overcrowded industry facing unprecedented worldwide challenges to continuing operation.

[navybankerteacher]

17 hours ago, Canuker said:

"meager benefits"?
Right now $2,200 gets you 100 CCL shares.
Which in turn gets you an additional $100 obc for a 7-day cruise with any CCL brand.
Even if you only cruise once a year, that's a yield of over 4.5%.
And with the current 9% dividend yield, that's a total return of over 13%.
Not too shabby.
Even if it only makes up half the ground it has lost in the past month, that's still around a 50% improvement on today's share price.
Put it this way, I've just bought Carnival shares.
 

Today’s $22 stock price might make that $100 OBC and 9% dividend look like a great return on your $2,200 investment.   How long do you think CCL can continue paying a generous (or any) dividend if subsidiaries like Princess tie up their ships?    Are you aware that General Motors stock went from just under $25 per share in January 2008 to $0 in 2010?

 

There is a real possibility (I would call it a likelihood) that your $100 OBC per cruise and whatever dividends are declared next quarter and later will cost you all of  that $2,200.

[LocoLoco1]

The UPSIDE is limitless. It can only go down to $ZERO.

[chipmaster]

42 minutes ago, LocoLoco1 said:

The UPSIDE is limitless. It can only go down to $ZERO.

 

Make sure you buy at $0.01 share and your down side will indeed be limited, getting pretty close 🙂

Edited March 12, 2020 by chipmaster

[navybankerteacher]

37 minutes ago, LocoLoco1 said:

The UPSIDE is limitless. It can only go down to $ZERO.

That’s the Lottery player’s rationale  —- sure, I spend $10 (or is it $50) a week - but I am looking at winning millions so it’s a great deal. That is a limitless UPSIDE.   

 

[JMorris271]

Reduction of dividend is more likely than Ch 11. Things are going to turn around shortly my crystal ball says.

 

[drsel]

That’s the Lottery player’s rationale  —- sure, I spend $10 (or is it $50) a week - but I am looking at winning millions so it’s a great deal. That is a limitless UPSIDE.   
 

It's a same rationale that attracts cruisers to the casino on every Cruise ship.
Nevermind the extremely poor odds of winning