Carnival Share Discussion Threads

[ashwani01] 23/7/2024 11:16

Think all CCL perks via an app called Stockperks.

[sardine2] 22/7/2024 21:25

Does anyone know if the CCL share holders discounts also apply to Cunard Cruises and if so where do Cunard hide it on their website?

>Pierre twh?

>Stansmith Arcadia, One of the old P&O Cruise ships - Have they mutilated the old P&O Menus on this one since covid?

Many thanks S

[smurfy2001] 21/7/2024 13:12

Morning star rating.


Star rating
5 out of 5

Fair value estimate
2,235.00p

42% discount
Updated 27/06/2024

Uncertainty rating
High

Economic moat
Narrow

Capital allocation
Standard


Analyst note
Carnival Earnings: Consumer Demand Signals Full Steam Ahead Through Higher Occupancy and Pricing
Narrow-moat Carnival’s second-quarter results indicate consumer appetite for travel remains robust despite increasing rhetoric around a stretched consumer in the media. During the period, as-reported net yields rose a whopping 12% while costs were basically flat, leading to adjusted EBITDA of $1.2 billion, more than 75% higher than in 2023. More importantly, the momentum in demand has persisted, with the North America and Australia, and Europe segments booking prices that are ahead of 2023 for the next two quarters and into 2025. While the third-quarter forecast includes yield growth that slows to 8%, this is a function of lower opportunity for occupancy gains and is handily above the low-single-digit average pricing gains captured in the decade prior to the pandemic. Moreover, even with yield growth pointing to a mid-single-digit rate in the fourth quarter, current booking patterns indicate 2025 could be on track for a mid-single-digit growth year, ahead of the 3% we have modeled currently.

Additionally, with healthy booking visibility over the next few quarters and cost savings underway, we have confidence Carnival can deliver on profit improvement. The firm lifted its EBITDA outlook by $200 million over its last update in March to $5.83 billion, which is nearly 40% ahead of 2023’s level and around 15% higher than that of 2019. Even with pricing and expense growth that normalizes over time at a low-single-digit growth pace, we think Carnival’s EBITDA margin should surpass levels prior to the pandemic over the next two to three years. Even if consumer spending patterns slow, we surmise the innovative hardware, pricing, and value proposition that cruising offers would provide some support relative to past downturns. With this, our $28/GBX 2,225 fair value estimates imply that shares are significantly undervalued, even after a high-single-digit post-print bounce.

[smurfy2001] 20/7/2024 18:00

MIAMI, July 19, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) has scheduled a conference call for 10:00 a.m. Eastern Time, Thursday, July 25, 2024, to discuss the company's second quarter 2024 financial results. The call will be simultaneously webcast on the company's investor relations website, www.rclinvestor.com. A replay of the webcast will remain available at the same website for 30 days following the call.

[pierre oreilly] 17/7/2024 07:54

Not the cruising twh. It's the result of that gearing when it moves against you and you realise you'll be lucky if you keep your house.

[smurfy2001] 16/7/2024 16:56

Need a break above 1380.

Will it happen?

Given next quarter should be a blowout i'm expecting so.

[tlobs2] 16/7/2024 15:09

We've been on 24 now. I'm still not sure ;-)

[the white house] 16/7/2024 14:58

Cruising makes me sickAdded

[tlobs2] 16/7/2024 14:04

kirtonender9 we are on Solstice in January. We went to Russia on the sister ship Eclipse a few years ago.

We loved the lawn on the top deck. Very relaxing :-)

[ashwani01] 15/7/2024 15:01

Just to return back to share matters again :-) any idea what's behind the sudden drop just now ? Don't see any great sales ?

[kirtonender9] 15/7/2024 08:44

We have Celebrity Solstice Sydney to Singapore in October. First visit to Singapore for me since I was in Merchant Navy about 40 years ago!!

[pierre oreilly] 13/7/2024 07:36

Cardinal, yeah the protests are getting worse.Very understandable though. While it was fantastic to leave from the centre of Venice, the big ships were both destroying it and adding 5 or 6k people to the crowds who probably spent minimally. So really not much in it for the people who live there. Ditto the Fjords and to a lesser extent the Canaries. Imv, the fjords will soon become very expensive cruise area, so we intend to pack a few more in before then There'll be less places to go cruising in the future - both for the above and other reasons, eg st Petersburg.We're making the most of cruising while we can. QA for us next in Nov, but looking for one to fill the gap.

[stansmith1] 12/7/2024 21:03

cardinalthats genuinely great you feel catered for, i understand it is a very uncomfortable disease, that said 1 percent of people have it and about 15% of the menu is devoted to it...but given that 30% of the menus are staples available every night (steak and chips or pan fried chicken and potato wedges) those gluten free and vegetarian offerings are in effect taking up 50% of the nightly variable slots...the loss of the radically different 7 choices each night in the mdr is a big loss for meat and gluten eating cruisers...

[cardinal3] 12/7/2024 19:49

Loving Stansmith's comment about gluten free taking up menu capacity. That's a reason I went on cruises as a coeliac as I knew I would be able to eat safely.

Problem as I see it with the pile em high sell em cheap Iona size ships is getting off and crowds of people. Another to watch is ports and places having protestors against tourists. Canaries springs to mind but there are others. Larger ships only have limited ports they can visit due to their size and so regular cruisers will look elsewhere for alternatives.

[tlobs2] 12/7/2024 15:12

It more their attitude of leaving half drunken glasses around and some being quite well on their way to oblivion by 2:00pm!

I like a drink myself but some of these take it to the next level. I think we'll be on P & O adult only next time ideally around September time.

Celebrity Solstice booked for Jan from Hong Kong to Singapore .... :-)

[pierre oreilly] 12/7/2024 09:02

Tiobs, surprisingly we've seen pretty much zero drunken behaviour on any cruise. The U.s. ones seem to be the worst for that. Seen 2 or 3 feral families, out of school hols, on Iona. Only a matter of time imv that Iona hosts hoards of drunken parties. But many are attracted to that.The really bad behaviour currently ime is in the launderettes!

[smurfy2001] 12/7/2024 08:39

Bottoms up as long as the share price keeps going up and the company pays down their debt fast.

[tlobs2] 12/7/2024 08:38

Sadly the all inclusive packages are attracting the extreme Wetherspoon customers who turn them into booze cruises ;-)

[tradejunkie2] 10/7/2024 13:37

Expecting the share to go up 50% as i'm sure the next quarter they will out perform. Don't be short if you don't want brown undies.

[stansmith1] 10/7/2024 12:45

i can remember seeing people hooked up to oxygen (or gas of some sort) tanks on wheels and dragging them around with them

[smurfy2001] 10/7/2024 10:31

Probably need staff to accommodate.

[pierre oreilly] 10/7/2024 09:55

P&O were the ones for disability scooters - the combination of invalidity and carers benefit enabled many of them to cruise a lot, and for some reason on p&o, where very often walking from one place to another meant dodging 20 or 30 wheelchairs.

But those days are over. p&o now insist (probably new regs) on registering a wheelchair on booking - and if you turn up on one without preregistering, they don't let your wheelchair on. We spoke to someone who had their quite new wheelchair put on the tip by p&o (as a free service!) - either that or they wouldn't be let on. So numbers are now limited and hey presto, on the ventura afew months ago, wheelchairs were few and far between. (It's all for their, and other passengers', safety of course).

[kirtonender9] 10/7/2024 09:39

I have been on some cruises where all the mobility cruises are lined up outside the dining room!It's like Le Mans at sea!