Carnival Share Discussion Threads

[kasamavic] 14/11/2023 15:17

I wasn't far wrong with this one. :)


19 Oct '23 - 08:02 - 5743 of 5807
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When will you be buying

kasamavic19 Oct '23 - 08:05 - 5744 of 5807 Edit
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820 looks good to me. There's a cash gap there.

[pierre oreilly] 14/11/2023 13:17

Thx K, Pleased you enjoyed it, I'll keep hurti on the list. Surprised you didn't rave about the food, I've heard it's fantastic with things like king crabs. Anything to do after dinner and before bed?

[leeawill20] 14/11/2023 12:34

Done my own research as been following for a while. Why reason we think I shouldn't invest

[ickleinvestments] 13/11/2023 17:46

hxxps://www.abc.net.au/news/2023-11-12/grand-princess-ship-adelaide-covid-19-gastroenteritis/103095704

Not the best headline :(

[kirtonender9] 13/11/2023 08:36

Have finished our Hurtigruten Oslo-Honningsvag-Bergen Cruise and it won't be our last with them. Now on a coach for visit to a Brewery and then onto Airport for flight to Heathrow via Amsterdam.Visited a lot of ports and saw Northern Lights 4 nights in a row. Only did 2 excursions and they are expensive. Food was generally good. Can recommend.

[pierre oreilly] 10/11/2023 18:55

Bookable, ccl owns many of the ports they visit, so presumable can adapt them if they aren't suitable for mega ships. There's always alternatives when the big ships get kicked out of places like venice (replaced with the container port 15km away iirc), amsterdam (replaced with rotterdam) and soon some in Norway. Can't blame them really. I - and neither the cruise companies who are ordering these mega ships - share your concerns. Make them a bit cheaper (as they they with bigger ships) and the market opens to not too far off everybody. A couple of days in an Skegness fawlty towers with greasy rancid bacon, or a week of sailing to the canaries or spain and portugal, with eggs benedict with smoked salmon and as many waiter served pretty good meals as you could eat? No need to spend a penny more than the fare (and I expect trying that in Skeggy wouldn't be much fun). Those who would miss a good punch up could go to the laundrette on board.

Those who want the older type cruising experience will have to pay much higher fares on the 6 star lines with small ships. Or pay for the ship within a ship experience.

[jan-mar] 10/11/2023 18:45

Even I could be tempted at that price

[smurfy2001] 10/11/2023 17:55

Declare your short big boy.

[trader465] 10/11/2023 17:13

Back to 600p?

[jan-mar] 10/11/2023 16:20

Debt in 2019NCL 6.5 billionCCL 9.5 billionRC 8.4 billion

[jan-mar] 10/11/2023 16:16

Pre Covid Revenue 2019NCL 6 billionCCL 20 billionRC 11 billion

[jan-mar] 10/11/2023 15:27

Revenue NCL 7 billionRC 12 billionCCL 21 billion

[jan-mar] 10/11/2023 14:35

NCL 13 billionCarnival 31 billionRCL 21 billionAll in Dollars

[ickleinvestments] 10/11/2023 11:48

In terms of debt ratio where does CCL rank compared to other big cruise corporations?

[bookbroker] 10/11/2023 11:44

Already too much capacity in this market, with such large ships it is getting harder to find ports of call. May be a growth market, but these companies are up to their eyeballs in debt, long maturities or not, they are going to refinance at higher rates. Highly likely there will be a credit event that will be eye watering for leveraged companies, and the overall market, and will leave people significantly worse off. This market holds up well as very popular, but are these floating cities going to be able to squeeze more money out of folk, the cruise may be well priced but it is all about the ancillary expenses.

[kirtonender9] 10/11/2023 10:18

Thanks.Don't think could do such a long Cruise.Used to be in Merchant Navy and most trips were 4 months although longest was 7 months. Left in 1989.

[pierre oreilly] 09/11/2023 11:05

5790 FK!

There was a great show on richard branson a few years ago. He seems to make his billions just by doing the bleedin obvious. Like only moving into areas which are phenomenally profitable already. So he moved into cruising.


I see he's got a new boat being built and launching next month, Brilliant Lady, 2700 pax, to make a fleet of 4. So about a 4 billion quid investment ime. While it's the last line I'd go on, it appeals to many I suppose.

Point is, if branson has moved in, he expects uber profits.

There are about 30 new ships under construction - mainly enormous ships replacing small ones (except for 6 star lines, who seem to buy the old small ships and convert them to luxurious ones, according to their blurb).

We have some new mega ships too, entering service soon

Carnival Jubilee 5,400pax
Sun Princess 4,300
Queen Anne of course, for 3000 lucky, discerning, richer than average, free spending, highly profitable passengers (traders no need to apply)

and 2 more on order for ccl currently unnamed.

Big boats aren't for everyone, but they are for the masses (most of them) and the masses can afford them these days. I doubt very much that the cruise capacity increase these ships represent is anywhere near keeping up with demand .... everyone wants the best value holiday going. Except a few on here of course.

[joey wilson] 09/11/2023 10:48

Grand Tour. 65 day cruise. Brilliant experience. Retirement treat ?JW

[kirtonender9] 09/11/2023 09:33

What is GT?

[joey wilson] 07/11/2023 19:06

2 WC booked for 25 and 26.1 GT booked for 24On the basis that the next GT is fully booked and other people are reporting how busy the cruises are, this has to be a screaming BUY.I've put my money where my mouth is and gone in deep today.Investor benefits are a no-brainer to get extra obc.The cheapest way to be fed, entertained, and see the world. Making memories with P&O.ALB.... Great longer-term investment.JW

[pierre oreilly] 05/11/2023 22:23

The bofp numbers are just eye watering when sailing >90%.Booked a cheapo msc cruise yesterday after posting about it. 420 quid for a balcony for a week of great eating, opera, ballet, and fantastic theatre shows. Due to status match, we're diamond so get a free spec restaurant meal ( note, another free lobster for wotsisface to droll about ) bottled of fiz etc, priority boarding etc etc. Msc certainly beats p,&o, Cunard for perks. Just don't go on msc during school holiday time.Hoping to win a bid for yacht club this time.

[panshanger1] 05/11/2023 18:37

Thanks Pierre good tip Quite like the chicken katsui curry next door too !!5200 on board x say 2000 10 M revenue ?No shortage of interest in the future cruise booking area I notice I see revenue for this company only increasing atm Things can change though

[pierre oreilly] 04/11/2023 18:12

No idea. I'm confident they'll move back into profit at some stage, but covid messed things up. I doubt anyone knows all the details of the accounts - even the company accountants (a bit like microsoft, where no one knows all of windows, the knowledge is distributed). And with multi nationals, profits can to a certain extend be manipulated even ore than pure uk companies. My view is that ccl is at the current price with the current prospects, and i expect the business to improve from here (hence the share price to improve). Simples. I've never even tried to go into and understand big company accounts - i think they are not understandable, especially for pis. Even auditors just say something like the accounts represent a fair indication of the business - nothing detailed there, even though you need a bunch of consultants on 4 or 5k per day to tell you that.

There's a lot of pure luck in investing (even more in trading where odds are you lose), but the economy relies on a rising stock market over time, so the odds are in investors' favour.

[smurfy2001] 04/11/2023 14:55

That being the case do you think they will have a Q4 profit?
🤔

[pierre oreilly] 04/11/2023 14:31

To illustrate value in cruising

Two night dance break in UK, reasonable hotel, breakfast plus evening meal, dancing instruction - £260. Transport not included.

Just looked for cheap cruises on the net. 7 nights on new msc ship, norther cities, breakfast, lunch, evening meal all waiter served if you want, buffet almost 24/7, fresh pizzas, all food made on board from basic ingredients, several things to do at any one time, professional opera performance, west end quality shows each night - £330.

No wonder cruise ships sail 100% full (and higher in school holiday time - they measure occupancy at 100% for two in every cabin, although most can have 2 plus 2 kids).

And people are sceptical that cruise ships are sailing full?.