Carnival Share Discussion Threads

[ohojim] 17/11/2020 14:44

The company's monthly average cash burn rate for Q3 was $770M, which was in line with the anticipated monthly cash burn rate. The company expects the monthly average cash burn rate for Q4 to be ~$530M.

So, maybe another cash raise within 3 months when they will be at least $1590M poorer.

[arai] 17/11/2020 12:02

So we know the rough monthly cash burn so how long has that bought the company before it needs to get fully operational again ......

[arai] 17/11/2020 11:56

And this was the one before ...
on October 30, 2020 of the
sale of 67.1million shares of Carnival Corporation common stock under its
previous $1 billion "at-the-market" equity offering program
($14.90 or about £11.20)

[go_baby_go] 17/11/2020 11:43

So is its $1.5b raised from 94.5m share equates to $15.87 a share. So 10% discount to current value.

[arai] 17/11/2020 11:39

The share offer wasn't a share offer, wasn't it just at market sale ?

[arai] 17/11/2020 11:34

The long haired colonel has had a cruise booked on the Iona and has moved it to June (so a 12 month slide) and is just considering whether to move it again due to on shore restrictions. It's all a PITA at the moment but the travel sector does now offer some financial opportunities for sure.

[smurfy2001] 17/11/2020 11:29

Only you can answer that. I also use IG but only on bombed out shares.

[arai] 17/11/2020 11:26

The decision is to buy but just using what method really, just buy the shares or get greedy and go 2 or 3 times using IG. Go big or go home I am favouring.

[smurfy2001] 17/11/2020 11:26

go_baby_go, what share offer?

[beachbum1978] 17/11/2020 10:55

@aria I would have thought so. With Oxford results imminent. Cunard have just released 2022 sailings following P&O. So positive

[go_baby_go] 17/11/2020 10:49

What price was the share offer on this?

[arai] 17/11/2020 10:27

Do we yet think a leveraged buy is the right decision here ? I cant see much more dilution on its way ?

[sutton3] 17/11/2020 07:16

Alliance News) - Carnival Corp on Monday said it has completed the sale of 94.5 million shares under its USD1.5 billion "at-the-market" equity offering programme.

The USD1.5 billion program was announced Tuesday last week and is in addition to its sales of 67.1 million shares under a USD1.0 billion programme completed October 30.

The cruise operated noted that, as previously announced, net proceeds from both offerings will go towards general corporate purposes.

Shares in Carnival were up 11% at 1,195.00 pence in London on Monday afternoon.

By Anna Farley; [e-mail]

Copyright 2020 Alliance News Limited. All Rights Reserved.

[toffeeman] 16/11/2020 17:26

USD16.865B

[thunders] 16/11/2020 17:09

What is the Market cap? The one on ADVFN doesn`t look right.

[onehanded] 16/11/2020 15:29

new broker target £25 wow. As vaccines comes into play, can only move up. Will need to break £12 resistance and hold, then this will really move to £15

[mister md] 16/11/2020 13:31

took an entry position here at 1079p last week - things may very gradually start to improve for the tourism industry

[justiceforthemany] 16/11/2020 13:20

MODERNA VACCINE 95% EFFICACY
The more vaccines approved the better.
This will only speed up the vaccination programme.
Easier to store than Pfizer vaccine also.

[goldrush] 16/11/2020 13:01

Moderna vaccine news today.....which looks better than Phizer's.....now for Oxford's....

[the grumpy old men] 14/11/2020 07:44

Cramer’s lightning round: Terrific opportunity to buy gold
Published Fri, Nov 13 20208:00 PM EST
Tyler Clifford
@_TylerTheTyler_
Key Points

It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

Barrick Gold: “I think gold’s going down here and that is a terrific opportunity to buy gold. Buy GOLD … or gold. Barrick Gold is fine.”

Las Vegas Sands: “I believe that Biden is going to have a better relationship with China than Trump did, which means that LVS is going to be fine to own. I do prefer Wynn to LVS.”

Lockheed Martin: “The defense department does well under either administration. Now, I prefer L3Harris to Lockheed Martin, but Lockheed Martin has a terrific new CEO … who will be able to maneuver anything.”

Carnival: “The only one I’m recommending is Norwegian. Norwegian happens to have enough money to be able to last for a longer time.”

Vonage: “I’ve liked Vonage for a long time. It’s only just recently started to work.”

Macerich: “This is the spec one in the group, but it’s not for me.”

[justiceforthemany] 13/11/2020 23:22

Trump and the Head of Operation WarpSpeed Moncef have just confirmed they expect positive phase 3 data from Moderna next week. Pfizer will file for FDA emergency use order also next week.
Mass vaccinations in US begin December with up to 20 Million inoculated.
A further 30 Million inoculated in Jan 2021 and every month thereafter.

Given 90% of Covid deaths are in those aged >65 and this age bracket = 50 Million in the US the entire group that is most at risk and responsible for most Covid admissions and deaths could be vaccinated by the end of January.

The US could see a huge drop in cases and deaths as early as late January/February.

Similarly those aged >65 in the UK total 12 million; 40 million doses of the Pfizer have been ordered of which 10 million are expected in December which will cover half of the at risk group with the other half inoculated hopefully in January.

Again the UK could see a sharp drop in hospital admissions and deaths as early as mid-late January.

Other vaccines being approved like Moderna, AstraZeneca/Oxford, Johnson&Johnson, GSK will only speed things up further!

[npp62] 13/11/2020 17:32

There already was just a couple of days ago wasn't there?? Or did I dream that?

[ccnp] 13/11/2020 17:15

first case on a cruise ship and you are the owner of toilet paper

[npp62] 13/11/2020 10:30

Normality by Easter? As much as I'd like that, if you actually believe it I'd be surprised. Manufacturing, distributing and administering to the whole planet (if that's what's required) will take time... it'll certainly be nowhere near complete by Easter.

[justiceforthemany] 12/11/2020 21:41

2ND COVID VACCINE COMING.
MODERNA TO REPORT PHASE 3 DATA IN THE COMING DAYS - FT

Anthony Fauci, the leading US infectious disease expert, predicted positive data from a second Covid-19 vaccine could come quickly on the heels of this week’s strong trial results from Pfizer and BioNTech.

Moderna saiD on Wednesday that it now had enough cases to begin the interim analysis of data from its phase 3 trials.

Some 30,000 people had been given either Moderna’s vaccine or a placebo, and 53 people had now tested positive for Covid-19, the company said. The positive cases will be submitted to an independent data monitoring board, which will compare the number of infections in the placebo group with the number in vaccinated participants to examine the vaccine’s effectiveness.