Carnival Share Discussion Threads

[wad collector] 14/7/2015 09:35

The market clearly thinks otherwise as £35 breached - it has been a long time.

[wad collector] 08/7/2015 12:09

Thanks for that , though not sure a prospective yield of 2.2% is very enticing ; better value elsewhere with recent market weakness IMHO.

[m4m] 26/6/2015 16:50

from Shares mag

[wad collector] 24/6/2015 15:58

Relatively good things yesterday


2Q Highlights

* 2Q net revenue yields (net revenue per available lower berth day or "ALBD")
in constant dollars increased 4.1% compared to the prior year, which was
better than the company's guidance of up 2 to 3 percent
* 2Q net cruise costs excluding fuel per ALBD in constant dollars increased
6.1% compared to the prior year primarily due to an increase in dry dock
days and were better than March guidance, up 6.5 to 7.5% due to the timing
of expenses between quarters
* 2Q non-GAAP earnings per share (diluted) of $0.25, compared to $0.09 for
the prior year

Outlook

* At this time, cumulative advance bookings for the next three quarters are
well ahead of the prior year at slightly lower prices due to transactional
currency impacts
* FY 2015 net revenue yields on a constant currency basis are expected to be
up 3 to 4% compared to the prior year (up 2 to 3 % in constant dollars)
* FY 2015 net cruise costs excluding fuel per ALBD in constant dollars are
expected to be up approximately 3% compared to the prior year
* FY 2015 non-GAAP earnings per share (diluted) expected to be in the range
of $2.35 to $2.50, compared to $1.93 for 2014
* 3Q 2015 non-GAAP earnings per share (diluted) expected to be in the range
of $1.56 to $1.60, compared to $1.58 for 3Q 2014

[simon42] 23/6/2015 13:37

No it's weird. Maybe the large debt and expectation of increasing the debt levels over time which is expected.

[zoeread1973] 22/6/2015 14:48

I am expecting good things too. Oil price + recovery should be great for CCL. However, I note that the analysts seem pretty ambivalent on the stock (hxxp://www.dakotafinancialnews.com/carnival-plc-rating-reiterated-by-jefferies-group-cuk/212447/). Do you know why?

[simon42] 20/6/2015 11:18

I would expect good numbers and a beat in expectations on constant currency but currency headwinds may be hurting. Last time company performance trumped headwinds. Looking for the same again.

[zoeread1973] 18/6/2015 17:17

any views about what to expect CCL Q2 results next week?

[dan158] 11/6/2015 23:21

Spread Betting and CFDs June Magazine edition now online at This month's premium features includes: How to Pick the Perfect Share - the Seven Secrets to Success - Searching for Quality Companies - Robbie Burns' Trading Diary - Mellon on the Markets - Currency Corner - Fund Manager: Emmanuel Lemelson - Why I'm a Long-Term US Dollar Bull and much more...

[optimist] 11/6/2015 22:58

As I see it, they are using a virtually worthless boat so their only overheads are food, crew costs and fuel. The first two don't amount to too much and fuel is cheap at the moment, plus the boat won't be going far and will spend considerable time in a cheap port.

It should not be too hard for them to cover running costs and they could make a profit on it. Plus it's good publicity and might hook a few new customers on cruising.

[losos] 11/6/2015 22:05

broadwood - just wondered if you can explain a bit about this 'Fathom' idea. Have just read the Cv of the whizz kid high flyer CEO and it scares me a bit !!!! Have met a few like her.

Whats's the point of Fathom ??? Will it be a drain on CCL revenues ??? Are there really enough well meaning souls who want to get on a ship and go off to somewhere to 'work with the local communities' some maybe, but this looks like a division which will have those weird things called overheads and that means they need a lot of these 'well meaning souls' to pay for the operation.

Is it a purely charitable operation ??? I'm a tad confused, would appreciate your thoughts, have had a read of the web site but nothing else.

[corlis] 09/5/2015 20:49

Now 3,093
This going ex divi on 21/05/15 & imo will be rising, good buy now,

[wad collector] 29/4/2015 23:02

Cursed by an IC buy tip last week ; has fallen steadily since!

[wad collector] 11/4/2015 09:56

That is an impressive 6 month chart. £36 does not seem so distant now...

[broadwood] 30/3/2015 14:52

wc - no problem.

Hope so - I'm helping - just about to book one.


Numis Securities has raised its stance on Carnival Corporation from 'hold' to 'add' and its target price from 2,950p to 3,600p, saying the outlook is improving for the cruise industry.
"Royal Caribbean and Norwegian Cruise Lines have both highlighted the improving yield environment in recent months and all of the major players are committed to prudent, measured capacity growth and to improving returns," Numis said.

The broker said that Carnvial's first-quarter results last week "provided clear evidence of improving industry fundamentals, we believe, demonstrating strong like-for-like (constant currency) net revenue yield (NRY) growth".

NRY rose 2% year-on-year in the first quarter ended 28 February, better than guidance of +0-1% and ahead of consensus estimates. Earnings per share came to $0.20, compared with $0.00 the year before and the $0.07-0.11 guidance.

While weakness in major currencies versus the dollar was a negative for full-year guidance, Numis said that this has been largely offset by an improved NRY performance, leaving full-year guidance overall unchanged.

"Management is developing a track record of under-promising and over-delivering," the broker said.

Carnival's shares, which had jumped from 3,024p to 3,241p on Friday, were up a further 0.7% at 3,265p on Monday morning

[wad collector] 30/3/2015 09:35

Sorry let me clarify that my GTFOOH was aimed at the (now removed )poster of 1148 not you Broadwood.

Will we reach £36 again this year?

[broadwood] 30/3/2015 08:13

Hare's running again.

[broadwood] 27/3/2015 15:17

Carnival has cruised to the top of a weak FTSE 100 after reporting a return to profit.

The world’s biggest cruise operator in terms of revenue unveiled a net profit of $49m for the first quarter, compared to a loss of $20m this time last year. The company, which includes the Carnival, Holland America and Costa cruise lines, said revenue had fallen 1.7% but it benefited from a 7% drop in operating costs, notably the 38% decline in fuel prices in the quarter from a year ago.

Chief executive Arnold Donald said advance bookings for the rest of the year were ahead of this time in 2014 and at higher prices. It also expects a $74m boost to earnings in the second quarter from lower oil prices. But he added:



The strengthening of the US dollar has hampered our full year earnings expectations, masking the 3% to 4% (constant currency) yield increase our collective brands are expecting to achieve.

Our successful initiatives to drive both ticket and onboard revenue yields have improved our financial performance and we remain on track toward our goal of achieving double digit return on invested capital in the next three to four years.

The company has suffered a number of high profile accidents in recent years and it has been rebuilding its image, including an advertising campaign built around the Super Bowl which has received 10bn hits to date. The recent delivery of the cruise ship Britannia, built in Britain and christened by the Queen, also help boost its profile

[broadwood] 27/3/2015 14:00

"The year is off to a strong start achieving significantly higher earnings than
the prior year and our previous guidance. Our onboard revenue initiatives drove
particularly strong improvement in the first quarter with onboard yields more
than 8 percent higher than prior year (constant dollar)."

"We are experiencing an ongoing improvement in underlying fundamentals based on
our successful initiatives to drive demand. Our efforts to further elevate our
guest experience are clearly resonating with consumers and, notably, improving
the frequency and retention of our loyal guests."

"We are also seeing results from our ongoing public relations efforts and
creative marketing campaign designed to attract new to cruise. Our multifaceted
campaign built around the Super Bowl garnered 5 billion media impressions
before the commercial aired and has exceeded 10 billion impressions to date."

"Consistent with many global companies, the strengthening of the U.S. dollar
has hampered our full year earnings expectations, masking the 3 to 4 percent
(constant currency) yield increase our collective brands are expecting to
achieve. Our successful initiatives to drive both ticket and onboard revenue
yields have improved our financial performance and we remain on track toward
our goal of achieving double-digit return on invested capital in the next three
to four years

[broadwood] 23/3/2015 11:34

Carnival Corporation has had its rating cut to 'hold' from 'buy' over at Deutsche Bank on Monday, resulting in a 2% drop in the cruise company's share price.
The stock was trading at 3133p in Morning trade.

Deutsche Bank said while it expects the company's first-quarter trading update to demonstrate further bookings and pricing recovery coupled with more operational momentum in the core Carnival brand, "we think recent significant moves in euro and sterling currency could result in full-year 2015 earnings per share (EPS) guidance being reduced around 8%".

The bank forecasts first-quarter 2015 EPS will come in at $0.07 versus $0.09 previous. "The key downside risks include, negative economic changes, rising capacity growth ahead of expectations and oil price increase shocks, while the key upside risks include, higher net yield growth, lower fuel costs and improving European economic growth," said Deutsche.

However, it added that broadly, the bank remains positive on Carnival "as we think the medium term earnings recovery potential remains intact".

Deutsche retained a 3,400p

[wad collector] 19/3/2015 19:56

Finally reached my entry price from about 8 yrs ago! Patience...

[wad collector] 11/2/2015 21:15

Yeh his spam is spoiling our beautiful words.