Carnival shares

[JollyMia]

Hello, I’m looking for some advice, my wife and I have taken a few cruises over the last few years, now I’ve been told if I purchase so many Carnival shares I can get obc on my Carnival cruise (Carnival, P&O etc). I’m in the UK if that makes any difference. Any advice and suggestions welcome.

[PORT ROYAL]

13 minutes ago, JollyMia said:

Hello, I’m looking for some advice, my wife and I have taken a few cruises over the last few years, now I’ve been told if I purchase so many Carnival shares I can get obc on my Carnival cruise (Carnival, P&O etc). I’m in the UK if that makes any difference. Any advice and suggestions welcome.

Purchase 100 shares and receive benefits…. Link

https://www.carnivalcorp.com/shareholder-information/shareholder-benefit

 

Book a Voyage onboard and receive even more OBC, in addition to the Cunard Fare OBC

Edited April 18 by PORT ROYAL
OBC

[VentureMan_2000]

The price of CCL fluctuates a lot.  You could easily lose more than $100 on the price fluxuation of CCL while trying to get a $100 OBC.  Very common for the price to rise/drop 4% in a day... never know.

 

[john91498]

i guess you just have to do the math. I bought 100 shares at around $9 a share 3 years ago. That's $900 and in that time, I've taken more than 9 cruises. So, I've already made my money back, plus I still have my original 100 shares. So, if carnival goes bk tomorrow, it wouldn't matter to me.

[mz-s]

There's lots on info on this board about $CCL and the shareholder benefit. Do a search on the forum and you'll find it.

[PORT ROYAL]

As an aside.  In the late summer/fall of 2022 introduced the shareholder benefits to new cruisers on t(e QM.  Friends made the purchase at about $13/14 per share.  Since 2022 they have taken 6 cruises across all Carnival brands, with a further 4 booked. 
Do the Math…..  These shareholders are very happy with their ROI

Even better the shares (being American residents) are in a 401, but in the UK it’s a SIP

[ledges1]

If you take numerous cruises a year, then the purchase price of 100 shares of stock is immaterial to your financial situation. Purchase the shares. If you take 1 or 2 cruise every few years, the price fluctuation can wipe out any benefits. Again, if the purchase price is immaterial to your situation, purchase the shares. Only you can make that decision. If the decision requires a lot of research, pass on the purchase of the stock. I own 100 shares and have received the credit on probably 20 cruises. I bought the shares 12 years ago.  This decision can only be made by you, your financial situation and how many times you plan to cruise in the future. As a pure investment, their are better alternatives.

[MagnoliaBlossom]

We cruise often and bought out shares at rock bottom price during the COVID shut down.  We’ve more than made our money back and still have the goose, laying those golden eggs.  We use it on Princess well as Carnival.  It is good on all Carnival lines.

Edited April 19 by MagnoliaBlossom

[Arizona Sunshine]

Carnival shares have lost 74% of their value in the last five years.

 

In the same period, Costco shares are up 189%.

 

In the same period, Microsoft shares are up 208%.

 

Let's say you had invested 10 000 on April 18th, 2019:

 

Investing in CCL, you'd have 2609 today.

Investing in COST, you'd have 18 864.

Investing in MSFT, you'd have 20 836.

 

The Microsoft investor has stock worth 18 227 more than the Carnival investor. You have to cruise a lot to get those "golden eggs"!

 

On the plus side, 100 shares of CCL (enough to get OBC) today cost significantly less than they did previously. On the down side, there's a reason for that. (It certainly could be Carnival's 29 billion dollars of debt.)

 

Everyone, no matter how wealthy, has a limited amount of money to invest. The market offers practically-unlimited opportunities to buy into the world's best companies. Why invest in anything else?

 

AS

[mz-s]

49 minutes ago, Arizona Sunshine said:

Carnival shares have lost 74% of their value in the last five years.

 

In the same period, Costco shares are up 189%.

 

In the same period, Microsoft shares are up 208%.

 

Let's say you had invested 10 000 on April 18th, 2019:

 

Investing in CCL, you'd have 2609 today.

Investing in COST, you'd have 18 864.

Investing in MSFT, you'd have 20 836.

 

The Microsoft investor has stock worth 18 227 more than the Carnival investor. You have to cruise a lot to get those "golden eggs"!

 

On the plus side, 100 shares of CCL (enough to get OBC) today cost significantly less than they did previously. On the down side, there's a reason for that. (It certainly could be Carnival's 29 billion dollars of debt.)

 

Everyone, no matter how wealthy, has a limited amount of money to invest. The market offers practically-unlimited opportunities to buy into the world's best companies. Why invest in anything else?

 

AS

 

Yeah you really don't want to own $CCL these days except for the shareholder OBC.

 

But at the same time if you invest that $1423 (the cost to buy 100 shares as of this instant) in a stock that is actually performing, you may get a better rate of return. Depending on the stock and depending on how much you cruise.

 

Remember that casino rates are not eligible for the OBC anymore. The Shareholder benefit paperwork says any discounted rate is not eligible, so really it's a matter of time before they further clamp down on rates that are eligible.

 

Caveat emptor.

[shof515]

3 hours ago, Arizona Sunshine said:

Carnival shares have lost 74% of their value in the last five years.

 

 

carnival stock no longer pays dividend like what it did back in the day. i bought my stock back in the day when it was in the highs 50's. it will take like 10+ years or longer to see those prices again 

[john91498]

or, do what my bil does...he buys 100 shares and after he gets his obc, he promptly sells

[JimmyTheSaint]

On 4/18/2024 at 10:49 PM, JollyMia said:

Hello, I’m looking for some advice, my wife and I have taken a few cruises over the last few years, now I’ve been told if I purchase so many Carnival shares I can get obc on my Carnival cruise (Carnival, P&O etc). I’m in the UK if that makes any difference. Any advice and suggestions welcome.

I'm a UK Carnival shareholder. Carnival Corp is listed on the FTSE so any UK stockbroker can purchase the shares for you. The shareholder OBC applies to all the Carnival Corp brands including P&O, Cunard, Princess etc. The amount of $ shareholder benefit varies depending on the cruise line and the length of cruise. 

 

I'm not a financial adviser so I'll not offer any opinion on whether or not you should purchase the shares as an investment.

[MaisonRose]

On 4/18/2024 at 11:33 PM, VentureMan_2000 said:

The price of CCL fluctuates a lot.  You could easily lose more than $100 on the price fluxuation of CCL while trying to get a $100 OBC.  Very common for the price to rise/drop 4% in a day... never know.

 

I paid $50 share years ago & recovered more than that BUT the price is low, BUY NOW. MY $50 shares are worth $16. 😢

[VentureMan_2000]

7 hours ago, MaisonRose said:

I paid $50 share years ago & recovered more than that BUT the price is low, BUY NOW. MY $50 shares are worth $16. 😢

I too bought 100 shares around $45 July 2019, pre-Covid.  It was a good deal then as the dividends were good too at 50 cents a share and I liked the shareholder benefit.  We had 5 cruises booked for the coming 2 years.

Then starting around Feb 24, 2020 CCL's stock price started to crash.  I chased the stock down, purchasing more as the stock declined, trying to cost-average the price I paid.  I chased it down to the $8 range.  When I was done purchasing in the $8 range, I now had 800 shares of CCL and had cost averaged my CCL price down to $22.45 which was still three times to going price of $8.  I sat and waited... watching the market daily.

Then June came and I saw a chance to sell and get out.  Friday, June 5th saw a high price of 22.30.  I put a sell order in over the weekend for $22.45, hoping to at least get my money back.  Not only did my shares sell Monday when the market opened, they sold for $23.45... I actually lucked out and made a $1/share profit - $800.

I finally became brave enough to cruise again at the end of 2022 and booked an Alaskan Cruise for 2023.  I again started to monitor CCL's price again, and finally bought 100 shares at $9.40 in April 2023.  I figured at that price, I wouldn't have much to lose... and it wouldn't take long to receive $1000 in shareholder benefits as we have been booking 6 cruises a year.

But this story serves as a lesson of caution if you are only purchasing for the shareholder benefit.  The stock price moves up and down a lot.  Carnival now owes $32 Billion... it will be a long time before this debt gets paid down.   

  

[ctkathchick]

On 4/19/2024 at 12:28 PM, Arizona Sunshine said:

Carnival shares have lost 74% of their value in the last five years.

 

In the same period, Costco shares are up 189%.

 

In the same period, Microsoft shares are up 208%.

 

Let's say you had invested 10 000 on April 18th, 2019:

 

Investing in CCL, you'd have 2609 today.

Investing in COST, you'd have 18 864.

Investing in MSFT, you'd have 20 836.

 

The Microsoft investor has stock worth 18 227 more than the Carnival investor. You have to cruise a lot to get those "golden eggs"!

 

On the plus side, 100 shares of CCL (enough to get OBC) today cost significantly less than they did previously. On the down side, there's a reason for that. (It certainly could be Carnival's 29 billion dollars of debt.)

 

Everyone, no matter how wealthy, has a limited amount of money to invest. The market offers practically-unlimited opportunities to buy into the world's best companies. Why invest in anything else?

 

AS

I get your point but when I bought my stock during Covid I was able to purchase our shares for less $9.00 a share we also bought Ncl stock. I don't know what Microsoft or Costco were going for during Covid but its's a safe bet for me that it was too expensive. I love cruising and having the stock has given me my money back and I can continue to enjoy an onboard credit. I do wish that we had been able to buy different stocks but such is life. It does seem to me that the amount of debt that Carnival among others is definitely slowing all the cruiselines recovery. But heres to more cruising for everyone.

 

 

[lostsoulcruiser]

On 4/18/2024 at 4:49 PM, JollyMia said:

Hello, I’m looking for some advice, my wife and I have taken a few cruises over the last few years, now I’ve been told if I purchase so many Carnival shares I can get obc on my Carnival cruise (Carnival, P&O etc). I’m in the UK if that makes any difference. Any advice and suggestions welcome.

Your UK residence makes no difference.  If you click on the link provided by a previous responder, you will see the offer is good on Carnival and Carnival plc shares.  Present price is 

 

CCL

NYSE$15.08

 

LSE1,097p

 

Your credit (dollars, pounds or euro) is based on where the cruise originates.  With normal currency fluctuations you may get slightly more or less than we get in the US.  

The big question that no one can answer for you is the worth of at least 100 shares for the OBC versus the appreciation or depreciation of the stock value.  

Carnival had been on an upward trend, then CCL had to reroute cruises from the Red Sea, then the Baltimore bridge accident and that took the stock from about $19.5 (December) to 13.9 (April).  (Disclosure, I bought a little more at $14).

On the plus side for the stock purchase, CCL tends to trend similarly to Royal Caribbean (RCL) and RCL just had an amazing quarterly report.