Carnival Share Discussion Threads

[pierre oreilly] 17/11/2022 09:14

Never understand why the slaggers appear after a big price drop and not before. Is it a case of stale shorters, or those who can clearly see the future after it's happened?Fuel - with small old ships gone, new fuel efficient LPG mega ships continually coming into service, I'd estimate fuel costs per passenger mile are static.Debt up, good sign at this stage. It's investment in several billion dollar money printers. You've just got to look beyond the end of your nose.I hope CCL put the debt onto perspective and re-establish the divis.

[loganair] 16/11/2022 18:55

Plus fuel costs are up by circa 33% compared to pre covid times.

[peter oconnor] 16/11/2022 17:31

11 years pre covid profits just to pay the debt.
Some cash cow.

[smurfy2001] 16/11/2022 12:19

The gap after 736 is now closed.

[sr2day] 16/11/2022 12:08

this business is a cash cow once it is at cruising speed.barring another nasty surprise of pandemic magnitude this should recover. I am buying.

[smurfy2001] 16/11/2022 11:44

Was surprising as thought they'd covered 2024 with the previous raise.

[loganair] 16/11/2022 10:19

As I've posted a few times on this thread, the biggest worry, the biggest concern the managers of CCL have is the amount of debt they're now carrying with something like 1/3rd rolling over in the next 2 years with the need to pay double the amount of interest when rolled over.

sr2day - The new debt is double the interest rate of the old debt that is being rolled over.

By offering the option of a cash redemption at the end of the period for the new debt shows how much CCL are struggling with trying to repay any of their debt.

[pierre oreilly] 16/11/2022 10:06

Wish I were home, I'd have some more while down 107. Bounce back tomorrow imv, then continuation of steady rise.Problems come when companies can't borrow money, not when they can.

[sr2day] 16/11/2022 10:03

New debt to pay old debt.buying opportunity yet again.

[stansmith1] 16/11/2022 08:51

anyone recall if there was a huge broker upgrade two days before last time, safe to say we can mark their card...

[stansmith1] 16/11/2022 08:01

they did rather telegraph this was the way ahead the last time the shares got to these levels....how much more of this is to come going forward....?

[smurfy2001] 15/11/2022 23:59

Not looking good for tomorrow.

==

Carnival — Shares of the cruise line plummeted more than 13% in extended trading after the company announced plans to raise more debt. Carnival announced a private offering of $1 billion in convertible senior notes due in 2027. Shares of rival cruise operators Royal Caribbean and Norwegian Cruise Line fell about 2% and 3.3%, respectively, on the news.

[kasamavic] 15/11/2022 22:31

The yanks don't like the news.

[stansmith1] 15/11/2022 17:56

i have been on 3 since covid, one as recently as last week, all seems back to normal to me

[smurfy2001] 15/11/2022 17:05

How busy are the ships? Do people that cruised recently think they are getting back to pre-covid levels?

[smurfy2001] 15/11/2022 15:05

Where did you get that info? Still showing 14.13%.

[the white house] 15/11/2022 14:54

Short interest down from 14pc last week to 12Nice new ship the Venezia looks....Full ahead Captain

[jan-mar] 15/11/2022 11:10

Carnival : UBS raises target price to 1219p from 588p

[smurfy2001] 14/11/2022 17:36

Carnival Co. & (NYSE:CCL - Get Rating) had its target price boosted by investment analysts at UBS Group from $8.00 to $16.00 in a report issued on Monday, The Fly reports. UBS Group's price target would indicate a potential upside of 53.99% from the stock's current price.

www.marketbeat.com/instant-alerts/nyse-ccl-a-buy-or-sell-right-now-2022-11-2

[the white house] 14/11/2022 17:34

Note out : UBS raises price target from 7 notes to 13.60I maintain my price target @ 30 (price at Feb 2020)

[jan-mar] 14/11/2022 13:44

Hope so topped up last week and earlier today

[smurfy2001] 14/11/2022 13:38

I have a first target of ~940 the 200 day MA. Upper trend target of ~1150.

[jan-mar] 14/11/2022 13:36

Will it get past and hold 8 pound

[stansmith1] 14/11/2022 08:47

oh dear, i can advise everyone to filter this idiot