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Bhants.
It's impossible for me to sound like Betterlife.
I have underwear older than him.!
Agreed Elliot
For any other travel share Elliot, I might have agreed with you, although I haven’t looked. But you can never expect CCL to behave in any way logically.
Bot, you’re beginning to sound like Betterlife. Actually, it is raining here in Bhants land and has been most of the day so far.
B
Clearly I haven’t a clue
Another refinance saving €10mil per year, Iran responding with no retaliation (oil supply premium coming down as less supply risks) which in turn keeps rate cuts on the horizon
Because the sun is out, the sky is blue.......
oh, hold on, it's raining.........
maybe it's just raining in my heart
Why?
Looks like we'll see a very strong afternoon once NYSE opens up
Thanks YR, helpful.
Bot, I agree. That video was interesting when it talked about even larger ships -285,000 gross tons and 7,000+ pax. Can’t even begin to imagine what that would look like. For tge American market, I guess, not here.
B
On an approx. like for like basis, Royal and CCL borrowed approx. the same as a % compared to their revenue/nett worth etc.
So obviously in pure cash terms CCL's borrowing was more than Royals.
However as the article says, Royal makes more money per share than CCL does, and that's because of the streamlined nature of Royal vs the massive Overhead in CCL.
Royal are pushing the boundaries of ship building, bigger is better, cram on more guests, cram in more add-ons, increase revenue, therefore increase the profit to share ratios even more.
There is one big thing however that is obvious, Royal on a like for like basis are paying down their debt quicker, and again this comes back to the fact that they are making money money per share.
Unfortunately I couldn't buy Royal, as neither of my providers offered it, but CCL, will eventually win the race in my eyes.
The Brand exposures are much bigger and the market share much broader. In the end, this will help CCL when things become Business as Usual. BUT, CCL has to streamline, which I've said many times.
Whether that is by combining brands, which obviously would cost a lot of money to implement initially as they would have to repaint the ships etc. as well as all the stuff on the ships, or streamline the financial reporting, and therefore the management structures by combining the brands purely from a paper perspective, either way, they have to get their earning per share up.
That's most likely why there's volatility Bhants. The smaller the free float, the greater the volatility.
Apart from being pretty poorly written, there probably isn’t anything to disagree with.
However, why the market generally seems to dislike CCL so much is hard to fathom. 70%+ of CCL shares are held by institutions so are, I think, not traded. That’s what confuses me about volatility.
B
Any thoughts ….
https://invezz.com/news/2024/04/22/carnival-vs-royal-caribbean-which-is-the-best-cruise-stock-to-buy/
Royal Results Thursday
PCE Results Friday
American Airline Results Thursday
Botbot it could be something they bring in in the future as the retirement age moves further up
AParky.
Re SIPPs. No, it's currently just a coincidence.
Currently SIPP access is 55, but in 2028 that changes to 57.
Government Pensions however are currently 66, rising to 67, and then 68
Another RNS re debt reduction and interest rate lowering….
All moving in the right direction…..
Beterlife we all have probably dreamt of retiring early, some achieve it some don't, I hope you do but for your own wellbeing if you do sell your last your last share and end the love hate relationship you have with stockmarket, enjoy your retirement.
Are sipps tagged to ten years of state pension age ?
2 minutes, 20 seconds into the video.
https://www.youtube.com/watch?v=q8vL_Xu7T5M
Thanks bot,
All things being equal we should enjoy some better days…
NeverSell.
In the simplest of terms, it's simply added as a liability, however the purchase is utilising New Ship Purchase agreements, which, I would assume, mean that the Asset (ie the Ship) is offset against the Debt liability, and the Depreciation is then posted against the Accounts, along with the Interest payments on the Loan to account for both the "costs".
Then, obviously, those are offset by the new increased revenue.
Bot ,
To be honest last few days I have not bothered too much and you are absolutely right. No need to stress too much it is what it is .life is more important even tough you want to rich your goals on the time 👍
Aangus,
Haha 100 years old !! I wish but that is well too old especially if you haven’t got many people family around :). I also think the world will be in much danger place so better to not live that long :) .
Neversell,
I plane to travel after 40 . By than I will have hopefully all the things sorted out and hopefully big hopefully that I will be retired and that will take all the stress out on my shoulders with financial. I can then just enjoy the travel and chill out maybe than I can make up until 100 because of no stress :)
Anyways , I hope tomorrow things can settle down with conflict and we can be in better place 👍👍👍
Last month
Ccl down 17%
Norw down 10%
Royal Carb 5%
Last 6 months
Ccl duo 24%
Norw 31%
Royal Carb 59%
Why are we so completely out of kilter with the others.?
Better, if you can afford to retire before 40 you can afford some counselling for your dark thoughts.
Another thing… If your not old and retired like most of us you should be out making memories and money and not spend some time with us numpties….
How do now ships funding work,
Is it just added to debt or dealt with differently.
Thanks