Carnival Share Discussion Threads

[quilarvium] 23/1/2012 17:29

Tricky 2 more bodies found today...

[trikytree] 23/1/2012 15:43

Just gone short. This will get much worse before it gets better!

[ccnp] 23/1/2012 12:29

now here's a thing for the privacy paranoid people like me.

a msg to all the smart phone users and icloud users and picasa etc etc etc users

facial recognition technology in all of those platforms means that they can wizz round their databases and find her. find other images of her. locate her. and her friends etc. seel the info to journalists.

Phones are passe darling.

be afraid. be very afraid. think twice about smart phones, putting your photos online, putting snaps on your profile, putting snaps of people you dont know (ie as in a group photo) online.

think it through guys.

think i'm crazy ? well would you ever think Apple could strip you of your copyright ?

[miata] 23/1/2012 12:07

Lawyers plan to sue both in the US and in Italy, with more than 100 passengers already reported to have joined a class action that is to be lodged in Miami this week.
Each is reported to be demanding between £100,000 and £1 million in compensation.

[kibes] 22/1/2012 20:46

Uh-oh. Schettino now saying that Costa Cruises was fully aware of the close sail past practice and actively encouraged it for publicity purposes:



If this is true it leaves Carnival exposed to multi-million dollar claims with insurance cover for the vessel quite likely contested by insurance companies. Personally I am not sure the current share price is factoring in how bad this could get. A bitter war of words between the captain and his employers? That is not the way to restore confidence.

[melton john] 22/1/2012 19:23

CCNP
Don't forget the murder of Roberto Calvi, God's Banker. Like a real life version of some film. Life imitating art.

[ccnp] 22/1/2012 19:16

Let's not overlook that the whole thing revolves around an italian company, ship, captain, coastguard, police etc etc

We watched the Amanda Know 'trial'. We watched Berlusconi's unimaginable antics, survival for a decade and final despatch with more silent grace than Puzo's Dons would have ever dreamed possible.

There is, shall we say, a different approach in Italy. What truth shall we be permitted to find ?

Watch for a journalist slipping over a cliff if the true truth nears the surface.

[zulu001] 22/1/2012 17:56

Surprised the captain was not breathalysed.

[quilarvium] 22/1/2012 11:48

Could be a problem now with the insurance companies.
Due to the fact the vessel was not following the safe chartered course agreed and had unlawfully deviated away from safe waters 'agreed by the representative of carnival.. A la capitain ' they do not have a responsibility to the passengers on board......Carnival do!
Would my insurance pay out on my roller I had got rather spiffy on champers and picked up a some totty and whilst driving and cuddling at the same time I smashed into a tree killing my passenger....I think not.

[quilarvium] 21/1/2012 18:57

I wonder if she is suing for the $100,000 settlements that carnival are giving away? What's $100,000 x 4200 passengers?.
Captain not inc obviously.

[melton john] 21/1/2012 13:41

You're having a laugh surely.
I would hope someone in that captains position would be able to let his brains do the thinking rather than what's in his pants. Evidently not.

[careful] 21/1/2012 12:04

dont be so harsh.
he was trying to impress a pretty girl and it went wrong.
we have all been there.
try to keep a sense of proportion.

[melton john] 21/1/2012 11:55

Is that the black box they were looking for?

[sir rational] 20/1/2012 22:20

That's an Italian girl with dyed blonde hair

[quilarvium] 20/1/2012 22:01

They can't do any work to secure the preventative oil seepage procedures until the search for all missing passengers is called off.
That is not going to happen just yet. The weather warnings are still in place and the ship is slipping further down.
Need the ship not to sink..the search for survivors to be called off and the oil to be secured, perhaps then the share price may float back to the surface.

[sir rational] 20/1/2012 20:55

You got a lot to answer for

[miata] 20/1/2012 20:46

" Carnival Corp (CCL) is a large company with a very large marketshare in what it does. In the last quarter the company's capacity increased in North America, Europe, Asia and Australia by about 5% on average. The company's profit margin is increasing in both cruise tickets and services and products sold in the cruise ships. In the last quarter, the biggest issue in front of the company was rising fuel costs, but that is a temporary concern as fuel costs tend to move up and down over time.

In the last quarter the company had to change 300 itineraries due to the unrest in the Middle East-North Africa, the earthquake in Japan and hurricanes in some parts of the world. The cost of such changes to the company was 27 cents per share. The company had a cashflow of $3.8 billion in the last quarter and it spent $2.7 billion on ship expansion and refurbishment.

In 2011, the company purchased three new ships and added them to its fleet immediately. The company expects an operating cashflow of $4 billion in 2012. The company announced that the ticket sales increased in 2011 on a year-to-year basis despite the slowdown and concerns in Europe.

Now, as all this information was announced before the Concordia disaster, why is the company still a buy in my eyes? Here is why. The day after the accident, the company lost about $2 billion in market value. The ship in the accident was already fully insured and the company's share cost is expected to be around 60 to 100 million dollars.

While the company will suffer from lost revenue in the coming months because of the capsized ship, this is a short-term trend. The company could always make up for the lost revenue by bumping up the prices of available ships but I don't even think it will have to do that. The company has more than 100 ships, and the loss of one ship will not hurt the company that much.

As much as lower future demand goes, I don't think it will be an issue either. Accidents happen and it's part of life. Planes, cars, buses, and other vehicles have accidents all the time. Out of thousands of boat trips every year, if one of them ended in an accident, it shouldn't scare people from taking boat cruises just like plane crashes don't really deter people from flying. A few weeks later, some people won't even remember about this accident. So far, travel agencies reported minimal to no cruise reservation cancellations.

In the next few years, millions of baby-boomers will be retiring. Add that to millions of wealthy Europeans, Canadians, Japanese and Australians retiring. Retired wealthy people love nothing as much as boat cruises! I think that new wave of retirees all over the world will add so much to CCL's business in the coming years.

[sir rational] 20/1/2012 20:40

Captain should not have been chatting up blonde tart and trying to impress her with his 'mad mile'.

If he got away with it, we'd all be saying: nice one, sailor.

But he didn't.

[miata] 20/1/2012 20:36

I wonder whether IHS Inc (a NYSE quoted stock) which offers realtime tracking and monitoring of vessels will see a significant increase in demand.

[quilarvium] 20/1/2012 14:52

The news just broke before US market opened...should be on sky and bic news very shortly, tune in at a tv near you.

[ccnp] 20/1/2012 14:41

Will I go on Princess again? Yes. Small ship. Rear facing suite. Not a modern day Mary Rose like this, that offers upmarket Butlins style holidays for prols.

Will Carnival begin substantially overhauling their saftey procedures ? Yes but carefully so no-one can point a finger

Should the emergency lights have failed. NO WAY. Absolutely no way whatsoever under any circumstances. That is deeply worrying

Should compromising the integrity of underwater compartments have sunk her ? NO. The Titanic proved that.

Then the Herald of Free Enterprise proved it coudl still happen if you fail to contain water in small volumes within larger spaces (and she is in the Med somewhere still operating). This is where the new large designs are badly, fatally, wrong.

[jon827] 20/1/2012 14:38

lol probably, bad news is always bullish!

[macau] 20/1/2012 14:33

is that why the share price just shot up!!?