Carnival Share Discussion Threads

[miata] 21/5/2013 11:40

Investec

Retain BUY on reduced PT. The Carnival bull story has taken a major hit and we look for further detail at the time of Q2 results in late June. In the meantime, our DCF-based PT moves from 2,800p to 2,550p and this leads us to retain our BUY, notwithstanding expected short-term shares weakness.

[miata] 21/5/2013 10:29

Carnival now expects full year 2013 net revenue yields to be down 2% to 3%
compared to the previous flat yield guidance for the year. In addition, voyage cancellations beyond those incorporated in the company's previous earnings guidance, as well as increased selling and administrative costs, are expected to reduce earnings by approximately $0.10 per share.

The company now expects full year 2013 EPS to be in the range of $1.45 to $1.65
compared to its previous earnings guidance range of $1.80 to $2.10. The company
continues to expect second quarter 2013 EPS to be in the range of $0.04 to
$0.08 per share despite slightly lower yield expectations.

Support in the 2030-2100 area. Target 2300.

21/05/13 08:05 2050.0 250,658 UT 2050.0 2089.0 Sell
21/05/13 08:30 2082.0 50,000 O 2080.0 2082.0 Buy
21/05/13 08:30 2082.0 50,000 O 2073.0 2076.0 Buy
21/05/13 08:50 2082.67 25,000 O 2096.0 2097.0 Sell
21/05/13 08:14 2032.0 10,928 AT 2030.0 2032.0 Buy
21/05/13 08:14 2032.0 8,966 AT 2031.0 2032.0 Buy
21/05/13 08:14 2030.0 7,312 AT 2026.0 2030.0 Buy
21/05/13 08:23 2050.0 7,280 AT 2050.0 2053.0 Sell

[nissi_beach] 21/5/2013 09:32

Plenty of cheap P&O cruises causing pain plus must be same on other European brands

[miata] 18/5/2013 17:58

I'd have thought you'd have had enough of shares subject to being raped by American lawyers with your holding in BP. That said Carnival is not expensive, just hope they show more cojones than BP when it comes to payouts even though they have little to argue against gross negligence.

See MKS thread for comparison chart with Next which may be a better place to put some of your 'retailers sector' money with perhaps some in Debenhams as well.

[robertfaulkner] 18/5/2013 16:37

Miata, I'm always amazed that I read a newspaper article on a company and when I look at it's bulletin board you are posting or are hosting it

Read about Carnival being one of the lowest priced shares compared to book value, in today's weekend FT

Low and behold it's another of your boards.

Not been posted on for a while but I have a bit of cash having sold MKS a bit early. Anybody think the last of Carnival's disasters is over.

FT also said lower oil prices will help Carnival

[nick100] 31/3/2013 20:37

Princess, a subsidiary of US-based cruise ship company Carnival, is investing £930m into two new cruise ships. That comes as travel association ABTA predicts the number of British passengers departing from UK ports this year is expected to cross the one million mark for the first time. The company currently has a fleet of 16 vessels. The first of the two cruise-liners, the Royal Princess, is set to embark on its maiden voyage in June followed by its sister ship Regal Princess next year, The Sunday Express reports.

[miata] 18/3/2013 20:33

First time I've seen Carnival advertising on UK TV, things must be tough.

[miata] 14/3/2013 11:58

New memories

[broadwood] 27/2/2013 10:28

Memories of the cruise from hell fading.

[miata] 18/2/2013 15:12

The New York Times reported that Carnival will begin a detailed inspection of its Triumph ship, which was towed to shore last week following a small on-board fire.

[nottud] 13/2/2013 20:45

It is not just Carnival that has problems.
Have a look at this web site which covers all the different lines.

[wad collector] 21/12/2012 11:39

This mornings bounce would seem to support that view.

[miata] 21/12/2012 10:50

Indeed. Brokers mixed.

21 Dec Carnival PLC CCL Jefferies International Hold 2,444.50 2,391.00 2,400.00 2,400.00 Reiterates

21 Dec Carnival PLC CCL Panmure Gordon Sell 2,444.50 2,391.00 1,584.00 1,770.00 Reiterates

21 Dec Carnival PLC CCL Numis Buy 2,444.50 2,391.00 - 2,950.00 Reiterates

21 Dec Carnival PLC CCL Credit Suisse Neutral 2,444.50 2,391.00 2,222.00 2,222.00 Retains

21 Dec Carnival PLC CCL Oriel Securities Hold 2,444.50 2,391.00 - - Reiterates

21 Dec Carnival PLC CCL Liberum Capital Buy 2,444.50 2,391.00 3,000.00 3,000.00 Retains

[grahamburn] 20/12/2012 19:18

Slight over-reaction, given the outlook statements, especially given the rise in 2013 full year diluted earnings per share forecast.

[wad collector] 20/12/2012 17:34

Q4 results not well received

Carnival PLC Carnival Corp & plc Fourth Quarter Results
PrintAlert


TIDMCCL

Carnival Corporation & plc Reports Fourth Quarter and Full Year Earnings

Carnival Corporation & plc today announced earnings for the fourth quarter and full year
ended November 30, 2012. The earnings of Carnival Corporation and Carnival plc have been
consolidated, and this statement includes consolidated results on a U.S. GAAP basis.

4Q and Full Year Highlights

* 4Q net revenue yields in constant dollars decreased 4.5% compared to the prior year,
which was better than the company's September guidance, down 5 to 6%
* 4Q net cruise costs, excluding fuel, per available lower berth day ("ALBD") decreased
0.9% in constant dollar, less than September guidance, down 2 to 3%
* 4Q non-GAAP earnings per share (diluted) of $0.13, compared to $0.28 for the prior year
* Full year non-GAAP earnings per share (diluted) of $1.88, compared to $2.42 for the
prior year
* Unfavorable changes in fuel prices and currency exchange rates reduced full year 2012
earnings by $300 million or $0.39 per share, compared to the prior year.

2013 Outlook

* Since September, booking volumes for the first three quarters, including Costa, are
running in line with the strong volumes experienced last year at slightly lower prices
* At this time, cumulative advance bookings for 2013 continue to be behind the prior year
at slightly lower prices
* Net revenue yields on a constant dollar basis for full year 2013 expected to be up 1 to
2%
* Net cruise costs excluding fuel per ALBD for full year 2013 expected to be up 1 to 2%
on a constant dollar basis
* Full year 2013 non-GAAP earnings per share (diluted) expected to be in the range of
$2.20 to $2.40, compared to $1.88 for 2012
* 1Q 2013 non-GAAP earnings per share (diluted) expected to be in the range of $0.03 to
$0.07, compared to $0.02 in 1Q 2012

[guidfarr] 28/11/2012 12:31

For those interested Spread Betting Magazine December edition is now online - it includes an interesting feature covering the major stock market crashes of the last 100 years And there is also some technical coverage of Carnival shares

[guidfarr] 28/11/2012 12:31

For those interested Spread Betting Magazine December edition is now online - it includes an interesting feature covering the major stock market crashes of the last 100 years And there is also some technical coverage of Carnival shares

[grahamburn] 16/11/2012 16:28

It effectively increases the annual dividend by 50% which is not to be sneezed at. The company has clearly risen above the short term issues of Costa and a downturn in the cruise market in terms of occupancy and rates. Must be confident for the future.

[nottud] 16/11/2012 15:25

Nice to get a sepcial dividend declared after the events at the start of the year!

[miata] 26/10/2012 10:08

26 Oct Carnival PLC CCL Numis Buy 2,503.50 2,505.00 2,650.00 2,950.00

[wad collector] 25/10/2012 16:11

Sp doesn't seem too embarrassed as it hits £25 again ; good to see.