Carnival Share Discussion Threads

[oneilly] 08/4/2023 20:05

Hey, just got back yesterday, it's our second time on Britannia. We really enjoyed it, atmosphere now back to normal, no masks, sitting at bar areas now allowed, food very good and back to a good standard. Lifts are a pain always very busy, especially disembarkation. Try the glass house great value, top tip, if you're a wine drinker buy at the bar at Sindhu and take with you to other bars, it's acheaper

[jan-mar] 05/4/2023 08:39

Good to see Carnival buying shares again

[jan-mar] 03/4/2023 17:07

Decided to close my short

[jan-mar] 03/4/2023 12:16

Another reason for Woronka's "catalyst call buy" is that a recent decline in oil prices should be "disproportionately beneficial" to Carnival, because the company does not hedge its fuel exposure. And crude-oil futures

[jan-mar] 03/4/2023 12:08

I think you'll find Carnival don't do that with fuel

[pierre oreilly] 03/4/2023 12:06

What do you think of Brittannia oneilly? We'll be on in a couple of weeks. Any tips? It'll be our first time on her, we're going mainly because she has a dancefloor, and that seems to be missing in most ships these days.

A licence to print lots of money for ccl when sailing normally. Fuel purchases are, of course, bought in advance via options/cfds etc

[jan-mar] 03/4/2023 11:53

It started Friday, Wall Street up 420 and Carnival down over there, the surge in oil isn't helping

[smurfy2001] 03/4/2023 11:37

jan-mar, that's what l see on my chart too or thereabouts.

et al, Not surprised with weakness today given OPEC.

[oneilly] 03/4/2023 11:31

Just on Britannia coming back from the Caribbean and cruising is back to normal those tills are rattling with cash again!

[jan-mar] 03/4/2023 08:11

Is the support level 650

[smurfy2001] 31/3/2023 14:08

50 day @ 775p then the route is clear.

[toffeeman] 30/3/2023 18:36

not the English Channel

[smurfy2001] 30/3/2023 12:12

Does seem to be in a trading channel.

[jan-mar] 29/3/2023 18:54

I'm just going to trade it up and down between 6 and 8 pounds

[trader465] 29/3/2023 16:46

So revised down after results

[jan-mar] 29/3/2023 16:14

Carnival : Citigroup cuts price target to 800p from 925p

[smurfy2001] 29/3/2023 14:28

Carnival Corp. lifted at Susquehanna as volume and pricing tracks 'solidly' above 2019

Susquehanna raised Carnival Corp. (NYSE:CCL) to Positive from Neutral, raising its price target on the cruise line stock to $11 from $8 per share in a note to clients on Wednesday.

Susquehanna analysts told investors that volume and pricing for cruise lines are tracking solidly above 2019 levels.

They also believe that Monday's share price fall following CCL's earnings release "reflects some concern that on the strength of the 2023 Wave Season, CCL might be reverting back to its old ways - specifically, growing at mid-SD capacity, with net p/diems trailing adjusted NCCs."

"We disagree with this view and see the various initiatives that CCL has in place as helping to drive unit margin recovery into FY24, with liquidity concerns effectively de-risked through YE23," the analysts wrote.

Susquehanna feels that although FX and fuel are a drag on Carnival's FY23 adjusted EBITDA, the "strong 2023 Wave Season sets up a constructive, fundamental runway for FY23."

The analysts see Carnival's "revenue and marketing initiatives, fleet optimization plan, new perspective in the C-suite, and the value gap to land-based alternatives supporting a steady recovery for adjusted EBITDA into FY24."

[kasamavic] 29/3/2023 09:16

It could be waiting to see if the US does a follow through first, then it may jump ?.

[pictureframe] 29/3/2023 08:55

Looks like it - closed up 6.9% state side

[kasamavic] 29/3/2023 08:35

London has a different agenda to the US. :)

[pictureframe] 29/3/2023 07:08

Nice move on NYSE listing - should see a decent move up today

[jan-mar] 27/3/2023 21:47

It should be a lot higher than now, still a good punt for year end

[smurfy2001] 27/3/2023 20:30

Salpara111, that means quite the recovery in Q3 and Q4. Wonder what the share price will be by end of Q3?