Kennicott
Contributor Level: Captain

Time to buy or sell???

Interesting news, investors aren’t exactly bullish on cruise line securities. At least that is what J.P. Morgan believes. Particularly RCL and NCLH. CCL is holding it’s own they say, for the time being anyway.

 

Big concerns are the slump in European/Mediterranean cruising due economic weakness and terrorist threats as well as the danger that the Caribbean is being over supplied.

 

Wonder if Frank Del Rio (FDR) is going to keep raking in his 32,000,000. annual pay check?

 

https://www.benzinga.com/analyst-ratings/analyst-color/16/10/8611251/jpmorgan-disembarks-from-positive-ratings-port-on-cruise

 

http://www.cruiselawnews.com/2016/09/articles/executives/ceo-del-rio-buys-3000000-worth-of-nclh-stock/

Tags:

11 Answers

noname111
Contributor Level: Captain

Good topic, Kennicott. We own 100 shares of NCL, RCI, and CCL. We talk about our portfolio regularly and decided not to make any changes for now.  We aren't so deep into any of them that it would hurt us. We also plan to hold them for as long as we are cruising. The OBC benefit is a nice value-add.

Kennicott
Contributor Level: Captain

 

We certainly aren’t as knowledgeable of the Caribbean cruise ports as most on these threads are, but we have sailed it quite a few times anyway.

 

Up until two seasons ago all our cruising on the Caribbean came from either leaving North America or returning to it. We have visited most of the obligatory islands in it plus mainland Columbia and Panama. Our first was in 1991, from Puerto Rico through the canal disembarking in Acapulco, Mexico. We had half a dozen cruises transiting the Caribbean with multiple stops here and there since then. But two years ago we did an exclusive Caribbean cruise which involved a partial transit of the canal, then last year we did two weeks’ worth of back to backs in the eastern Caribbean including ports on the Mexican Yucatan Peninsula.

 

My gosh, was there a lot of cruise action going on, at the ports we visited anyway during those last two voyages, no wonder they are concerned that the Caribbean is being over supplied. Even though we liked both those cruises, mostly the sea days, we decided we were Caribbeaned out, and wouldn’t return unless we were on a voyage again which transited the Caribbean with some ports thrown in.     

 

 

Bubba54
Contributor Level: Captain

We own CCL and only the required 100 shares. Wha t I paid for the stock, we have made in onboard credit. I will hold it as long as we cruise.

 

As far as Del Rio, if I recall properly when he took over the reins of NCL, he was going to turn it into a premium line. From what I have experienced in the last couple,of years is quite the opposite. It truly is a shame. I will still cruise NCL, but it has dropped to number four on my list. The price has to great for me to even consider them anymore.

Kennicott
Contributor Level: Captain

 

We only have CCL too.  Never been on NCL or any RCIs, but we have 120 days sailing with Regent, I wonder if holding NCLH stock gets one an on board credit with Regent? We haven’t been on Regent since NCLH took over so don’t know. A credit on Regent would probably go quite far since they are an all-inclusive, maybe for the extra charges on their shore excursions. Or extra fine wines.

 

OldGreyWolf
Contributor Level: Cruise Director

Do all 3 lines offer the OBC for share holders or just CCL?

noname111
Contributor Level: Captain

(Hopefully this is not a repeat. First attempt to post failed)

OGW, we received shareholder benefit credit on all three in the past. Currently, we are cruising PC almost exclusively. There are restrictions so we read the fine print carefully. If you have OBC on your account already, the cruise line may not apply the shareholder benefit credit. We have not experienced this with PC. Availability of shareholder OBC may change year to year so be mindful of that. The CCL shareholder benefit document is available at: http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit

glomarrone
Contributor Level: Admiral

I own Carnival stock and I get more benefit from the shareholder credit Carnival gives me than anything else. I can also use it on HAL & Princess and other cruise lines in the Carnival family.   I will hold on to it just for that benefit. I bought when the stock plummeted after the Costa Concordia disaster. So the stock has also really appreciated.  I will hold onto this stock as long as I am cruising, too.

 

I used to own RRCL stock. I had so much trouble trying to use it that I eventually sold it after it really appreciated in value.  RCCL will not allow you to stack your onboard credits.  If you get a good deal for credits from your TA or RCCL you can't then add then add your Shareholder credit as you can with Carnival stock.  I am not sorry that I bought it since it had appreciated in value so much but it just wasn't working for me as I had expected for additional onboard credits. 

 

I do not cruise often on NCL so I never looked into purchasing that stock.

BDRebel
Contributor Level: Captain

I would like to get some CCL stock, but I'm waiting for it to crash about 50% first.

BAK1061
Contributor Level: Captain

Mr. Del Rio is singlhandedly, destroying NCL.   I wonder if he's even been on a Norwegian cruise.  And if he has, did he leave the owners suite ?

JusMe
Moderator
Contributor Level: Captain

 

 

Same here,   I have it on my tablets stock app so I can watch for when it tanks I'll buy some.  Rite now it's at 48.42 a share,  I should have bought when it hit a low of 40.52 in the last year.

Reply

*Cruiseline.com is not a booking agent or travel agency, and does not charge any service fees to users of our site. Our partners (travel agencies and cruise lines) provide prices, which we list for our users' convenience. Cruiseline.com does not guarantee any specific rates or prices. While prices are updated daily, please check with the booking site for the exact amount. Cruiseline.com is not responsible for content on external web sites.

Back to Top