Carnival Share Discussion Threads

[ccnp] 25/5/2022 11:38

and all this is before the first case of Monkeypox is announced! Will it be crew or passenger?

[smurfy2001] 25/5/2022 11:38

Latest chart. Seems to be holding steady right now.

[stansmith3] 25/5/2022 11:33

1400 to 850 in a little over a month....didnt think it would get this bad...

[technowiz] 25/5/2022 11:24

well done CCL. I didn't think you could do it but you've surpassed by expectations. 6 down days in a row!

[stansmith3] 25/5/2022 09:49

jan-marcruising is a nice earner for sure and the saudis certainly have a can do think big attitude, but they will need more than cruising to make up for their trillion dollar oil habit

[jan-mar] 25/5/2022 09:36

The company still buying 2 million pounds worth of shares a day

[jan-mar] 25/5/2022 09:31

It couldn't replace the whole oil income but along with other tourism activities it would replace some of it, along with world wide property purchase and other non oil business activities

[stansmith3] 25/5/2022 09:26

cunard is a fraction of carnival, carnival make what 5-8 billion on a good year, how does that make up for hundreds of billions of oil profits?

[pierre oreilly] 25/5/2022 08:54

Cash no problem, they are backed by the Saudis. Eventually, cruising will replace oil as the big earner for their country. Seabourne is just the start, I believe this has been the Saudi plan for years. Brands like Cunard are worth billions. Imv, they'll see how seabourne goes under their control, and in a couple of years buy the lot. Btw, not a new convenient view, I've posted this several times before over the years. Covid probably delayed things.

[bookbroker] 25/5/2022 08:40

This company to hit early Covid lows before then breaking itself up. Ships being built, debt colossal, albeit matched by diminishing assets. Difficult to see how it will cope with short/medium term debt maturities, as seen by recent new issue of debt at a 10% lending rate. Very difficult times ahead with inflation in fuel, food costs, and difficult to pass them on to customers in these straightened times. Notwithstanding everything else that is current.

[jan-mar] 25/5/2022 08:37

You would have thought the company would have made some comment about the price movement

[jan-mar] 25/5/2022 08:36

Maybe that's been the plan all along

[berny3] 25/5/2022 08:31

seems pretty well documented in the news. We should hear from the company on this in my mind.



There was news out yesterday that Norwegian Cruises were cancelling Asian cruises. Not sure what this impact is on Carnival perhaps somebody more knowledgeable could share.

[smurfy2001] 25/5/2022 08:30

Saudis should just buy the lot at these prices 😂

[berny3] 25/5/2022 08:09

Interesting to see how the Saudi Wealth fund has been building a sizeable stake in the company.

[ohsod1t] 25/5/2022 08:04

Exactly the right thing to do in this climate.

[technowiz] 25/5/2022 07:42

some support above £8 hopefully won't get to 800p

[technowiz] 25/5/2022 07:41

1st resistance at 985p I reckon.

[smurfy2001] 25/5/2022 00:40

Check my previous posts and DYOR.

[fergus9] 25/5/2022 00:39

What are the support lines of resistance here,
F

[diku] 24/5/2022 21:55

If there is a slow down in spending companies will have to mark down prices not raise them...if and when Russia announces war is over or pulling troops out Oilys will fall off...Russia is playing the inflation game to counter act sanctions...but notice more pundits are now saying the sanctions are hitting the West more than Russia...it is back firing...

[technowiz] 24/5/2022 21:50

inflation will come down. think about it 10% rise year on year compounded is massive. So it will peak around 10-15% probably later in the year as there is a 6-8 month lag before the higher energy prices start to be reflected in price of goods in the shops.