Carnival Share Discussion Threads

[jan-mar] 27/12/2023 16:27

I would rather lock in 40 percent now, anyway, good luck

[smurfy2001] 27/12/2023 15:58

Pierre, Agencies will usually only rate a company's bonds as investment grade if the debt/EBITDA ratio is less than two. Click the link in my post above for S&P FY24 forecast.

[smurfy2001] 27/12/2023 15:41

My holding is at 775, long term hold that. I'll buy a trade position just below 1000p if it happens.

[jan-mar] 27/12/2023 15:19

If you think if will hit 10 sell your holding and get back in

[smurfy2001] 27/12/2023 15:06

Looking for below 1000p to open a long trade.

[dosser50] 27/12/2023 14:52

Wonder why?

[kasamavic] 27/12/2023 14:06

It's getting hammered today.

[jan-mar] 25/12/2023 08:50

Not a bad set of results, the question is, will those be enough to drive the share price. The market seems to think not, already priced in. In my opinion the share will drift down again for the next few quarters. Hopefully interest rates will drop towards the end of 2024 which will make refinancing a better deal.

[joey wilson] 24/12/2023 15:23

Thank you for that link. Interesting read.JW

[smurfy2001] 24/12/2023 13:31

S&P Global Ratings upgraded Carnival’s credit rating two notches to “BB-” on Friday (Dec 22), a day after the cruise operator posted better-than-expected results, helped by relatively strong bookings and higher prices.

The upgrade is a step towards the company returning to investment-grade status, which it lost in 2020, during the early part of the pandemic.

[smurfy2001] 22/12/2023 23:29

Carnival cruises rides wave of record sales as Britons splash out on getaways



Carnival expects profits of £4.4billion for 2024 – 30 per cent up on this year.

Annual revenue was £17billion in 2023 and profit was £3.3billion.

[undervaluedassets] 22/12/2023 08:34

I suppose there is always the risk of another pandemic which is now permanently etched in investors' minds.

Results yesterday were stellar but perhaps the "it is better to sell than to arrive" mob is selling a few now. It happens.

[pierre oreilly] 21/12/2023 19:09

Smurfy (or anyone else) - what conditions do ccl have to fulfill before the agencies rerate them to investment grade? I doubt it's simply the level of debt, and much more the confidence that debt and coupons will be paid on time, but just guessing.

And where is the link between divis and investment grade status? Is it company law, just traditionally so, or just ccl's decision or somethnig else?

I'm just unclear on all this. tia.

[joey wilson] 21/12/2023 18:41

Dividends in 2024 is not happening, but I am hoping for guidance that in 2025, dividends will be re-instated.JW

[sardine2] 21/12/2023 17:39

It's worth a mention. 'Breakout'!!!

[smurfy2001] 21/12/2023 17:23

First they have to get to investment grade. They still have a mountain of debt to pay off before that happens. Dividends in 2024 is not happening.

[sambuca] 21/12/2023 17:22

For clarity my stop was hit this pm at £12.67 so it added another 50 free shares and a small profit so now have my stake plus small profit and now have 515 free shares and cash in my isa missed the later rise except with the free shares.

Sam

[joey wilson] 21/12/2023 17:18

I am with you. Ignore the price fluctuations. Will hold for the dividends, which I, too, am looking at the end of 2024 for further guidance. If they can continue paying debt down at this rate, I am more than happy.JW

[jan-mar] 21/12/2023 17:05

Well done, I'm tempted to have my first trade tomorrow for the first time in over 6 months, it will be a short trade

[jan-mar] 21/12/2023 17:00

Good call, let's see the trades on time

[smurfy2001] 21/12/2023 15:56

My average is £7.75 (75% return) but l want 200% return before l sell.

So l will continue to trade in the meantime if the opportunity arises. My last trade yielded 33% 😊

[jan-mar] 21/12/2023 15:38

It won't be anywhere near 35 pounds for a very long time, I'm sure you know that

[jan-mar] 21/12/2023 15:31

If you bought at 8 pound well done take your profit

[smurfy2001] 21/12/2023 15:27

Will they make a profit Q1 24? I'm not clear on that.

[kasamavic] 21/12/2023 15:25

You said people were brave buying in at £8 when I suggested it was a good place to start. Now we're nearly 70% higher.