Carnival Share Discussion Threads

[bountyhunter] 06/3/2021 19:49

Just had a look at this as a recovery play. Positives: low share price considering economy due to reopen with the vaccination program proceeding well. Negative: high debt level especially if interest rates rise. Comments welcome. What's behind that sudden drop on Friday afternoon which seemed to exceed the general market decline?

[justiceforthemany] 06/3/2021 19:13

In a fair market yes.

[jcl124] 06/3/2021 18:51

It should bounce 8-9% Monday morning to be on parity with the us adr.

[justiceforthemany] 06/3/2021 18:30

1.9 Trillion dollar stimulus package passed.
Very important for markets.

[plastow] 06/3/2021 15:38

Looks like the US market dived early part of the day which effects carnival UK I expect 5 to 6 % bounce Monday as US bounced back into close. I can see Israel and Singapore Australia ramping up soon???

[pierre oreilly] 06/3/2021 11:36

Not necessarily JC. Military prices have no relationship to commercial prices. I remember buying a paperback book about this yonks ago - it had a ' free £20,000 nut and bolt with this book'. That's what the us army had been charged for a nut and bolt once (probably a special nut and bolt I would imagine).

I worked on the b1b flight sim for a short time. They ordered 6 more and paid 6 times the price of the first although the cost was really a few bits of metal, with all the software already developed. I had loads and loads of people booking hours on it so the company got all the cash. Probably a quarter of a bill paid for an additional 5 costing less than 10 mill.

Small nukes in cruise ships seems perfectly sensible and cheap to me.

[jcl124] 05/3/2021 19:15

I make stuff for naval nuclear. Believe me that would make cruises completely unaffordable)

[bookbroker] 05/3/2021 19:11

Nothing like paying vast amounts for diesel fuel, time for some nuclear powered cruise liners!

[kasamavic] 05/3/2021 19:09

Even before the rise in the US (down 5% currently) why is there a >10% mismatch in CCL LSE and CCL NYSE prices?The other day someone said you have to go off the ADRs in the US which is inline with the UK share price

[jcl124] 05/3/2021 19:07

I notice also that is carnival does tend to drop to intraday lows around 1630 gmt...

[jcl124] 05/3/2021 19:05

Think it’s strange times as they are beholden to governments whims and that means that they have thousands of travellers they have to try to accommodate. Probably trying to save cash by furloughing the customer service staff. The focus needs to be on massive amounts of vaccines being injected on a daily basis and what that means to leisure in general. I have had a cruise cancelled this week dept Southampton in July. Just rebooked dept from Rome. People want to go on holiday and it will happen sooner rather than later

[salamander69] 05/3/2021 18:26

Should say via 'the rns' on this website...

[salamander69] 05/3/2021 18:23

Here's my experience FWIW. I held 2,000 share at an average of £35 each when crashed - increased my holding to 8,000 shares many months ago to get my average way down - in slight profit now. sold 2,000 this am but I think an great long term hold - don't envisage selling anymore in near term.Here's the rub though..re first hand experience with P&O though. I had 2 suites booked on Britannia total revenue to P&O would have been circa £17k before on board spending etc probably another £4k revenue there. I learn my cruise is cancelled via the end on this website - no email/ apology etc. Yesterday I get an emailed cancellation invoice - that's the first comms I get from them. Poor show I think. I understand they are removing cruises with uncertaintity - and the uk ones are more likely to sail - but poor show on auto met service one feels....

[jcl124] 05/3/2021 18:09

What’s your reason to think this is overpriced? Are you expecting the world to never go on holiday again?

[justiceforthemany] 05/3/2021 17:50

Even before the rise in the US (down 5% currently) why is there a >10% mismatch in CCL LSE and CCL NYSE prices?

[lab305] 05/3/2021 17:21

Well what a surprise. See my post 3308 from yesterday. Way over priced.

[pottsypotts] 05/3/2021 16:50

Yep i bought at £16 think i got locked out at a lower price by seconds which is annoying

[jcl124] 05/3/2021 16:47

I managed to pick up another 3000 but paid £16/share. Bit irritated I didn’t wait till the bottom but that’s life I suppose

[pottsypotts] 05/3/2021 16:41

Locked out by Halifax from buying from 16.25 today?

[jcl124] 05/3/2021 16:34

Automatic trades by computers which are programmed to sell at certain prices. I really think this is just a very good buying opportunity

[jcl124] 05/3/2021 16:29

Carnival UK revenue is a tiny proportion of the overall. It’s only a few ships

[northster2] 05/3/2021 16:28

Totally mad especially US, major falls last few days. What's the driver?

[jcl124] 05/3/2021 16:28

The sell off is a nonsense - a lot driven by computer trading

[justiceforthemany] 05/3/2021 16:24

2 million vaccines a day now in the US.
J&J is just one dose also

[northster2] 05/3/2021 16:13

So cruises around the UK for the foreseable, Are they not going abroad this year? Don't know if I'd be thrilled about mooching round the cloudy rainy uk