Carnival Share Discussion Threads

[diku] 24/5/2022 21:44

So much rate rise fever talk going on that it probably won't rise as much as market expects...think the FED will talk the talk but manufacture inflation stats lower...also headwinds from high cost of living...

[ccnp] 24/5/2022 21:32

Covenants probably matter more at this point than the interest rate

[technowiz] 24/5/2022 20:58

consumer spending slowdown, debt with interest rate rises coming. this is why share price is down. happy times if you are getting a 10% interest on debt. aren't CCL paying a whopping 10% interest rate on some debt?

[technowiz] 24/5/2022 20:47

$11.85 thats bang on where it was a 4:30 LSE close.

[technowiz] 24/5/2022 20:40

cruise stocks going to get some coverage on CNBC after the commercial breaks. I'll post back with what I learn.

[jan-mar] 24/5/2022 20:37

I use IG Index, spreadbetting on 25 pound a point at the moment

[tradejunkie2] 24/5/2022 20:35

I use a CFD.

[jan-mar] 24/5/2022 20:25

If you have paid for the 5000 shares sit tight unless you are on a T 3/10/15

[jan-mar] 24/5/2022 20:24

Carnival with a lot less debt would be a target at these prices

[tradejunkie2] 24/5/2022 20:23

Jan, one hopes for a titty bounce. Otherwise i'll be cutting my losses.

Question for the kitty cats: How much are they valued at?

[jan-mar] 24/5/2022 20:22

That's what I think, let's see what happens

[technowiz] 24/5/2022 20:19

into the last hour in US trading. this is where the trades that matter take place. come on CCL bounce you sod. even a 5% bounce would only get back half of today's losses.

[grahamburn] 24/5/2022 20:19

jan-mar. Seems to have some legs to this story.

Wonder if Carnival are thinking of swapping Seabourn for a cancellation of some of their debt pile with the Wealth Fund.

[jan-mar] 24/5/2022 20:16

Any comments on the Seabourne news

[technowiz] 24/5/2022 20:01

god help us if the S&P closes 20% below the high. that would indicate a bear market and possibly a flood of new sellers knowing out luck.

[technowiz] 24/5/2022 19:56

$11.60 now at days lows again. equates to 855p LSE price. congrats CLL 5 down days in a row thats some going.

[jan-mar] 24/5/2022 19:30

BRIEF – Carnival In Discussions To Sell Seabourn Brand To The Saudi Sovereign Wealth Fund

[jan-mar] 24/5/2022 19:15

I don't agree the price decline in Carnival is due to Covid, all cruise lines have been hammered this week. The scare story from the BOFA indicating they thought the whole cruising industry could need refinancing had caused this latest drop. I do agree the whole industry needs to move on from Covid

[pierre oreilly] 24/5/2022 19:07

The price is down due to a covid outbreak on the QE. It's at class 2, whatever that means. A notifiable outbreak, with quite a few with symptoms. A bit surprising, most cases on other boats are asymptomatic and only discovered by random testing on board (why they are still testing i have no idea).

Maybe the qe average age is higher than the average ccl brand.

Big overreaction imv.

As to prices - i posted last week about a qv norway and iceland cruise which we were on a waiting list for at one price, and it was remarketed at twice that price. They are obviously trying to move cunard into a higher price bracket - and as for the asking prices for the new Queen Anne - well i'll forget about that until the rices drop.

[technowiz] 24/5/2022 18:55

its hit $11.60 in US trading that around 850p I think. Possibly it bounces in US trading this evening and we don't see 850p tomorrow. DOW was down 500 pts at low now only down 135. but no bounce in CCL share price $11.68 wtf 9c off the lows.

[jan-mar] 24/5/2022 18:43

Who knows what the reason is for this fall in price, but all cruise lines are getting hammered, RC down 9 percent Norwegian down 9 percent. I'm sitting tight

[sambuca] 24/5/2022 18:38

loganair
I have for a long time thought that the price of cabins covers the cost to the company of the cruise, so if they need to raise say £4m once that has been raised from cabin sales then any cabins sold after that can be sold very cheaply as that money is pure profit and then they have the added bonus of the onboard spend that the extra passengers spend.
If any one knows any different I would be interested to know.

Sam

[technowiz] 24/5/2022 18:33

i thought the share price would be stable today maybe even get a rise how wrong I am! its down 11% in US trading. might see mid £8s tomorrow hopefully no lower!

[tradejunkie2] 24/5/2022 16:22

Airlines are packed take a guess about cruise ships.

p.s., RSI oversold expecting a titty bounce.

[ohsod1t] 24/5/2022 16:02

Just back off an Oceania cruise. No masks for guests ever. Negative test before embark, and that was it.