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Best> Chairman Micky Arison to then-President Trump. On April 17, 2019, Arison wrote:
“President Trump, I wanted to follow up on our discussion regarding Cuba. The news is reporting that Title III of Helms-Burton, the Cuba lawsuit ban, will be fully lifted today. If there are no exceptions or clarifications, we would be subject to significant legal liability for our use Of the Ports. We do not own the ports or even manage them, but because we use them, we could be deemed as “trafficking” in confiscated property and the penalty to my company alone would be over $600 million.”
https://www.cruisehive.com/are-four-major-cruise-lines-in-trouble-after-sailing-to-cuba/68455 CCL NCLH MSM RCL
CCL Business Update and Q1 earnings. The future still looks promising, but short-term rough waters still exists (article below).
https://www.cruiseindustrynews.com/cruise-news/27062-carnival-corporation-provides-business-update-q1-earnings.html
Around 15 now is not a bad buy .CCL
Looks like ready for me to enter here. Imo looks good price back to $28
Settlement-Too-Late? Fight Must-Go-To Jury Cruise Lines' Havana Dock https://www.law360.com/internationaltrade/articles/1466844/cruise-lines-havana-dock-fight-must-go-to-a-jury CCL NCLH MSM RCL
Good news I'm just thinking I wonder what the Russia news will do to most stocks ?
CCL's Carnival Fleet announces full return of their ships to service in May, 2022. Long awaited news.
https://www.cruiseindustrynews.com/cruise-news/26799-carnival-cruise-line-announces-updated-deployment-plans.html
If it follows last year and it probably will should be a smart move . I have bought a ton of this stock . CCL
Looking like they want to blow it past $21.00 today.
Thanks ! Looking for a entry
I'll start. Let others correct me. CCL's announcement today about the stock 'sale' just repeated the sale announcement from 6-28-21. What the announcement today really stated was an extension of the share buyback -- which was supposed to conclude today. Today's announcement extended time frame to repurchase open market shares. The buyback will continue until the end of April.
A thought from the dark side - CCL has not bought back as many shares as they planned. Price too high ?? They expect prices to drift lower, then buy back ???
Unsure. Either positive, or negative, it means CCL is still looking to repurchase open market shares, with funds it still has from the 6-28-21 stock sale. (JMO)
What’s everyone thought on the stock sale?
fire em up this summer
Why the drop in CCL today ? Motley Fool and Travel Weekly both posted similar articles today. Travel Weekly story here, link at bottom.
Cruise stocks tumbled yesterday after Carnival Corp. said in a 10-K filing that bookings for the second half of 2022 were "dampening."
"Since the beginning of our fiscal year, we have experienced an impact on bookings for our near-term sailings, including higher cancellations resulting from an increase in pre-travel positive test results and challenges in the availability of timely pre-travel tests," the filing said. "In addition, in the last few weeks we have seen a dampening of the booking activity for the second half of 2022 relative to 2019."
For most of the last year, cruise lines and sellers have reported that despite the roller coaster of Covid, cruise bookings and pricing were strong in 2022, especially the second half. And while it seemed that the omicron surge had certainly impacted close-in bookings, future sailings at first seemed untouched.
Truist Securities analyst Patrick Scholes said that information in Carnival's 10-K was of concern and dovetailed with conversations he had earlier this month with senior executives at large travel agencies that specialize in cruising, as well as examining future booking and price data.
"While it is increasingly becoming common knowledge that [the first and second quarters of 2022] will likely be even bigger write-off quarters, we have increasing concerns that [the first half off 2022's] weak demand trends are now bleeding into [the second half]," Scholes wrote. "We observe that while [second half] pricing vs. 2019 is still holding/stable, the industrywide cumulative booking pace for [the second half] vs. 2019 continues to decelerate, as does 2023's pace."
Will cruise lines have to reduce prices?
In his note, Scholes said that while the belief for cruising has been that demand would remain strong throughout most of 2022, his proprietary research "strongly suggests that omicron is having a bigger impact on business than delta and that unless booking trends quickly start to reverse, which as we discuss is not impossible if/when omicron subsides, pricing will likely need to be cut for 2022, as well."
Scholes said that cruise pricing for the second half of the year was currently holding up, as "cruise lines are holding their breath ... and do not want to cut pricing until they absolutely have to," which he called "very deja vu" to what Truist had noted several months ago for the first half of this year.
(End of article)
https://www.travelweekly.com/Cruise-Travel/Cruise-stocks-drop-after-Carnival-reports-bookings-dampening
Bottom line - IMO - cruising is STILL here. CCL WILL bounce back, but a long time before $60 is seen again. So much more debt and diluted shares since COVID first appeared. Plus, the $0.50/quarter dividend is long gone. CCL is still a great Company, but a much different CCL from 2019.
Buy time at these prices.
We will reach 24 soon .
Latest cruise port information in link below. For CCL, some good news, some not so good news. While Norwegian, and Royal Caribbean are halting/pausing some cruises, CCL remains on track to continue scheduled cruises.
https://www.cruisecritic.com/articles.cfm?ID=6683&et_cid=3506605&et_rid=124746322&et_referrer=Boards
Almost back to 22.00 now
Looks like another move up today .60 on pre market.
A good move today... up little by little
I heard $30+, and I will certainly take $50.
Should be at 50 soon. I say buy as much as you can
Rumor of buyout at $30+ PPS.
Why has CCL been going up ? Did Dr. Fauci book a cruise?
Reminder - CCL 4Q 2021 announcement today.
Maybe this is a good time to short…
Boom there we go again.
GL Longs and day trade
I agree….mms closed several old gaps and stop losses also. They will just create minor panic pushing vaccinations harder.
The fact is the sickness is close to a common cold as long as vaccinated . It soon. Won't be a big deal
Cruise Line COVID followup. More cases reported on the one ship previously discussed here. What is alarming is the following paragraph from the attached article. Many more cases than I was aware of. I have heard (perhaps) three dozen. But the CDC says over 1,000 since cruises resumed???
Just United States cruises, not Worldwide??
Of course, this is passengers AND crew members (Not that that makes things better for current and future cruisers).
"A report by the CDC last month showed that more than a thousand cases had been discovered on cruises in the United States since sailing resumed following the industry-wide shutdown."
https://www.chron.com/news/article/Cruise-ship-with-at-least-17-coronavirus-cases-16678395.php
So ya think the NFL is the only place one can find liars?
Funny thing is they have the audacity to call others "intitled"!
Seminole Red (and Agoura Guy) Thank you. Just one link is attached below - plus the gist of the article. Another news story identified one Omni variant as well.
This is far from over (IMO).
https://www.huffpost.com/entry/virus-outbreak-cruise-ship-new-orleans_n_61ad25fde4b0451e551738ce
NEW ORLEANS (AP) — A Norwegian Cruise Line ship with at least 10 passengers and crew members infected with COVID-19 docked Sunday in New Orleans, where health officials said they were trying to disembark people without worsening the spread of the coronavirus illness.
Local news outlets in New Orleans confirmed the Norwegian Breakaway had arrived in the city. The ship departed New Orleans on Nov. 28. The Louisiana Department of Health said in a late Saturday news release that over the past week, the ship made stops in Belize, Honduras and Mexico.
I think he was talking about 10 people on a Norwegin cruise ship porting in New Orleans
Where is THIS statement coming from ?? Any proof ?? Why posting this 'statement' on the CCL Board ???
COVID CRUISE LINES!!!!
"COVID Outbreak On US Cruise Ship Despite Fully Vaxxed Passengers"
OH MY!!!!!
I'm still looking at CCL for a cheaper price. If I miss it, that's fine, it will go up huge from here. Now they are saying new cases in New York. These people blow up this virus stuff like it's nothing else.
Wow what a great price 16.40 I think I should buy a lot more
CCL watching this one for a re-entry. New virus scare they're all pushing.
Yes agree bought a bunch on that dip we will get to $45 as cruise numbers are up a ton. But and hold
BUY THIS UP LIKE HELL!! SUPER BLACK FRIDAY SALE!! Weeeeeeeeeeeeeeee!!!
$45 is gonna be awesome
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