Agree. I see Royal announce a nice quarterly increase this morning. The three major lines have a strong positive pre-market. The cruise industry is back (or so it seems) Glad CCL is coming back nicely. Norwegian quarterly is next week with positive earnings/share predicted.

I did NOT expect to see CCL below $15. The cruise industry has taken a beating this month. Overall market some too.

I agree - to a point. CCL added so many new shares and so much debt during the COVID (no-cruise) period. The major lines are all doing better, improving their financial bottom lines. Yes, cruise bookings are up, per person cruise spending is up. Capacity is up. It will take time. Assuming no major market correction, CCL should continue in this range for 2024. A good indicator will be the next quarterly earnings report (March 25 ??). Early estimates are for a $0.18/share loss. (All - IMO)

I see CCL did NOT give me a free cruise for celebrating 20-years here on IHub. Oh,well 😪. I guess I will have to keep buying my own cruises like almost everyone else. Still, a cruise is my favorite way to vacation/relax.

Next week would be a good time to see CCL start rebounding upwards.

I stand corrected. Two more days until CCL 4th quarter earnings report.. On December 21st before the opening bell.

CCL fourth quarter (EOY) earnings tomorrow. Could be interesting.

Agree. Nice day for CCL (but a nice day for most stocks). CCL needed this positive movement. Hope it continues.

Sorry it will "self destruct". I agree. CCL should be MUCH higher (IMO). Quarterly finances met. Yet, a BIG selloff.

Now that August is over, perhaps CCL will resume the upward trend in pps.

Could be an interesting day here tomorrow for CCL. Norwegian Cruise Line (NCLH) is supposed to release quarterly earnings tomorrow. If they are positive like RCL was, CCL enjoyed a nice upward pop. If NCLH fails to beat expected earnings, then, we shall see.

Total agreement regarding CCL pps increase into the 30s next year. Maybe this year, if the quarterly pps keeps increasing, AND, the market keeps increasing.

ortco1 - Re: CCL at $60-70. Yes, CCL has a lot of positives currently in place, but (IMO) obtaining those prior pps levels are a long time down the road. Reason, COVID necessitated a LOT of new debt, and a LOT of new shares issued to keep the Company solvent. All required actions.

Motley Fool puts out an opinion on CCL every 2-3 days (it seems), Some days positive, some days negative, but almost ALWAYS, references the high debt and increased shares which will limit quarterly pps growth until the debt is removed. It is happening, but slowly.

GLTA CCL longs

Another reason CCL is up nicely. Both JP Morgan and Bank of America upgraded CCL stock, and raised their target prices.

One reason CCL is up -- per attached. In two weeks from today, CCL will release second quarter financials (expectation is obviously positive).


https://finance.yahoo.com/news/carnival-corporation-plc-hold-conference-131500045.html

CCL getting more positive reviews. Nice analysis here using LOTS of different trends.

https://finance.yahoo.com/m/dcc1b54e-8d3d-3bc7-bd79-f4a02248a88d/carnival-now-looks-in-ship.html

Motley Fool picks CCL over Royal Caribbean as a stock choice (for what it's worth - so do I).

https://finance.yahoo.com/m/ffe803d8-c209-3417-a43d-6cc1e83274ec/better-buy-carnival.html

CCL quarterly earnings announcement pushed back a week -- to March 27th.

It will either be VERY positive for the pps, or VERY negative. We shall see.

GLTA CCL longs (myself included).

CCL is just following the trend of the general market. Until EPS starts to significantly increase each quarter, this seems to be our share price predicament.

Hopefully, something positive happens regarding the cruise industry.

GLTA CCL longs.

and CCL is smashing through your $12 call. Nice !!

CCL ship news for 2023 attached. Mostly positive. Forward looking events regarding ships and ports. No special (real / factual) numbers. Overall - looking better than 2022.

https://cruiseindustrynews.com/cruise-news/2023/01/carnival-corporation-2023-preview/

CCL - hoping the $7's are left behind in 2022, and CCL pps goes upward and onward for 2023.

P.S. OK by me is this upward trend starts/continues today, and does not wait for next week.

Hope other CCL investors took advantage of this special day booking. I did. Two booked cruises on Princess Cruise Line.


https://ih.advfn.com/stock-market/NYSE/carnival-CCL/stock-news/89661649/cyber-monday-2022-outpaces-2019-as-carnival-cruise

CCL pps potential - just for fun.

With today's current upward trend in the three major cruise lines, looking at the past three years pps finds ----

RCL - high was about $130. Currently about $59 -- means about 220% from the 3-year high.
NCHL - high was about $60. Currently about $16 -- means about 375% from the high.
CCL - high was about $50. Currently about $9.70 -- means about 515% from the high.

MY (positive read) of these numbers is that CCL has the BIGGEST potential percentage upwards possibility.

GLTA CCL longs.

Reason for the CCL aftermarket sharp decrease.

https://ih.advfn.com/stock-market/NYSE/carnival-CCL/stock-news/89563576/carnival-corporation-plc-announces-offering-of-c

A CCL cruise ship !! The ONLY cruise ships worth traveling on for fun and relaxation.

Yes. All in the past for CCL. The future is GREEN.

CCL - maybe has a poor rating by current financials and some analysts, but the future is looking VERY positive. MOST analysts are predicting CCL cash flow positive for 2023. And just as a reminder, this is November 2022. Next year (2023) is NOT too far away.

Investors invest in the future. Traders live for the day.

GLTA CCL longs

Agree. I never thought CCL would touch the COVID bottom, much less today's pps. We seem to be following the overall S&P/DJIA trend. I cannot believe Fund Managers are not all over this. Supposedly - forward looking individuals.

A year from now -- when CCL is VERY profitable -- they are looking at 200%, 300% gains (plus) from these current levels.

I do not expect to see $60 again, but $15-25 is so doable within a year (IMO).

GLTY.
GLTA CCL longs.

CCL Fleetwide, per the link below, 84% average on ALL CCL cruise ships (up from 69% average last quarter).

Carnival Corporation's occupancy across its fleet of nine cruise brands is heading in the right direction, with third quarter occupancy coming in at 84 percent.

"Occupancy was 84%, a 15-percentage-point increase from the second quarter," said David Bernstein, executive vice president and CFO, on the company's third quarter earnings call.

"We ended the quarter on a high note with 90% occupancy in the month of August. We were encouraged by the continued very close-in demand we experienced during the third quarter for the third quarter, a trend we had anticipated."


https://www.cruiseindustrynews.com/cruise-news/28399-carnival-corporation-occupancy-on-the-rise-fleetwide.html

CCL - the future is GREEN. Buy, and hold. Enjoy the positive future aboard CCL.

Carnival Corporation: ‘On Course for a Great 2023’

https://www.cruiseindustrynews.com/cruise-news/28393-carnival-corporation-on-course-for-a-great-2023.html

Very nice. Best wishes on the $7.50's.

I picked up $8s and $9s two weeks out.

We took a beating today with the quarterly announcement, combined with the overall market drop.

GLTA CCL longs.

50 MIL STRONG - impressive trade. Maybe you could educate me a little. Not listed as a sell initiated, nor a buy. What do you think ? A trade between MMs? Dare I say - dilution from CCL Corporate ?? What are your thoughts? If any. Thanks.

CCL - slowly making upwards progress. It really seems to be following the S&P and the DJIA for its trend.

Earnings announcement this Friday.

Future CCL quarterly growth shows positive improvements. COVID is in the past. The future is POSITIVE, maybe slowly, but POSITIVE !!!

GLTA CCL longs.

No, this CCL board is usually pretty quiet. Only 142 followers. Most hoping for upside gains, a couple looking for the negative. Traders like stocks that make big moves, or cyclic.

Lately, CCL seems to be following the S&P/Dow trend. Up days, the pps heads positive, down days CCL share price follows. Obviously, there are exceptions.

The three major cruise lines trend similarly.

Since COVID, the CCL dividend is gone, lots of added debt, and lots more CCL shares.

Feel free to join us and post as you desire. As long as the posting rules are followed, you are certainly welcome (FWIW -- I am a CCL long-term long)

Agree. I do not expect to see CCL at the old $60 range for many years due to increased shares and debt, but a return to the $20-25+ range is easily reachable this coming year (bearing any negative World issues impacting travel). I am looking at the $30-40 range for the next year or two. IMO - CCL currently is still a bargain.

GLTY. GLTA CCL longs.

P.S. Some analysts show the dividend returning in late 2023 or early 2024. That too, will aid CCL pps increase.

Another CCL travel impediment removed !! The CCL Profits are coming !! THE CDC cannot stop us.

As Admiral David Farragut stated -- "Full speed ahead, darn those COVID torpedoes".


Or, something like that.

GLTA CCL longs.

CCL - Carnival previously announced ALL the Carnival Cruise Line ships were restored to active service.

The attached announcement identifies ALL Princess Cruise Line ships will be back in service and carrying passengers. The last two to join the active fleet (Diamond and Sapphire) on Sept 1, and Sept 24.

CCL increased profits to follow accordingly.


https://www.cruiseindustrynews.com/cruise-news/27980-princess-ships-returning-to-the-united-states-ahead-of-restarts.html

Folks like to cruise on CCL !! Carnival reports 3 MILLION cruisers since the cruising industry resumed operations. Impressive that one MILLION of those passengers were in the most recent 75 days. Many full ships are adding to CCL profits.

I do not have a link, but somewhere I heard CCL 'may' be profitable THIS quarter. Expectations previously was profitablity not until the first quarter of 2023. Other cruise lines are doing good, airlines are picking up. Time will tell.


https://www.cruiseindustrynews.com/cruise-news/27969-carnival-cruise-line-has-carried-3-million-guests-since-restart.html

While CCL pps continues to get beat up, Carnival Cruise Line announces (previously) that the full Carnival fleet has returned to service (leading the all the various CCL cruise lines), and (link immediately below) the always popular Summer cruising period plans to operate at 110% capacity for all Carnival Cruise Line ships (exclusive).

https://www.cruiseindustrynews.com/cruise-news/27776-carnival-cruise-line-to-operate-full-ships-this-summer-at-110-percent-occupancy.html

Note: for non-cruisers. 110% capacity is achieved when a cabin has more than two occupants. Either via families, or small groups cruising together. Cruise fares are normally per person - based on two cruisers in a cabin - but a 3rd or 4th person in the same cabin is always at a reduced rate