Carnival Share Discussion Threads

[jan-mar] 21/7/2022 16:04

The cruise lines didn't impose it. Several governments did and different times

[stansmith3] 21/7/2022 14:10

well ncl and rcl hit in sympathy but they are not getting any money out of it....i wonder if mkt thinks this could really become a yearly occurrence as debt is ridiculous

[laptop15] 21/7/2022 13:54

Is it in dollars or sterling the raise price at 9.95

[smurfy2001] 21/7/2022 11:33

Seems prudent given rising interest rates.

[barkjon230] 21/7/2022 11:08

Not a great time to issue equity

[laptop15] 21/7/2022 10:10

So the rise is a 9.95 that's a premium for 1 billion

[smurfy2001] 21/7/2022 06:54

Carnival Corp (NYSE: LON:CCL) shares are trading lower in Wednesday's after-hours session after the company announced a $1 billion common stock offering.

Carnival (NYSE:CCL) said it will offer $1 billion of company shares and intends to grant underwriters a 30-day option to buy up to $150 million of additional shares. The cruise line company expects to use the proceeds for general corporate purposes, which "could include addressing 2023 debt maturities."

Several cruise companies traded higher on Tuesday after the U.S. Center for Disease Control recently put an end to its COVID-19 program for cruise ships, which included mandatory testing and quarantine requirements.

Carnival is one of the world's largest leisure travel companies with a portfolio of nine cruise lines.

[jan-mar] 20/7/2022 21:40

The price may be down now after hours but plenty of buying going on. I wonder what price the shares where offered at

[smurfy2001] 20/7/2022 21:29

Ok, not familiar with an offering like this.. This is not your typical open offer.

Now l wonder why the share price was hammered down. To get the price down of the shares???

[jan-mar] 20/7/2022 21:26

Not sure, it could be shares owned by the company I'm sure someone can answer that, interesting some of if will be used for 2023 maturing loans and not 2022

[smurfy2001] 20/7/2022 21:23

Sounds like dilution? Down aftermarket.

[jan-mar] 20/7/2022 16:26

Any other day with big individual sell's like today we would be down 50

[the codger] 20/7/2022 11:26

We are sailing,we are SAILING!

[the codger] 20/7/2022 11:25

I feel a song coming on

[jan-mar] 19/7/2022 17:59

Not sure about that, we have two camps at the moment, it's a bit like one broker saying sell and another saying buy. One of them will run out of steam eventually

[the codger] 19/7/2022 15:25

Full steam ahead!

[onehanded] 19/7/2022 07:31

See fuel set to fall in the next 2 weeks, forward 2023 price down 35%. Cruises full and more operational ready. Australia ships back and now in full operation. Saudi's wanting to get fully into travel, tourism and sport, looking at these to buy. Can't see the 14% shorts hanging around for long lol. When it breaches £8 could get to £10 very quickly. Many analysis have share price target £14 for this year. We will see..... expect some tactical short selling to get price down, to buy back their larger short position.

[the codger] 19/7/2022 07:20

It's time for the rocket 🚀

[jan-mar] 18/7/2022 15:01

You're right at some time they will have to close unless they believe Morgan Stanley

[jan-mar] 18/7/2022 14:44

Still a lot of selling we have a new regular seller, 882 at a time

[smurfy2001] 18/7/2022 14:41

Short covering ?

[jan-mar] 18/7/2022 14:34

Somebody happy to take these sell's

[onehanded] 18/7/2022 08:58

Chart looks slowly rising £8 in reach and target of £10. Expect 14% odd shorters to start to reduce as this rises slowly and bank their large profits.