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if it drops below 908p don't count on it bouncing off 900p again.
i think another test of 900p possibly later today. i had 926p resistance. could have made a bit off the bounce but i stayed out.
Fres is following the price of PM as soon as they start to dip fres follows and visa versa.
Carnival (CCL) 1st target £12s
They are shorting big tech too ..to bring those guys down a notch or two ..or more !
"If the average guys" .. I mean ...if the over leveraged guys
I think that what the bears are going to do is try and attack the market ..and they see this " hyper inflation" scare as their chance to do it...and try and pull down some of the guys with big leverage in the market....leverage being what is over stretching share price levels..particularly in the US
If the average guys have to sell positions ..that will give the main market pull back
PMs could then be the run to place
IMO
https://www.lbma.org.uk/articles/london-gold-and-silver-vault-holdings-end-march-2021
lbma error sees them post 116m more ounces in stock than they actually had. Ooops. The timing of this mistake looks highly suspicious if you ask me
Amazon home delivery vaccines
..coming to a home near you
Thank you Amazon...sent when due !!
lol
I actually agree that one of these strains, likely one of the Indian variants, will prove to largely evade the action of the viral vector vaccines like the Astra and J&J. I think the MRNA vaccines will still offer sufficient protection. Which is good news for America and Europe, but might mean booster vaccines for places like the UK where the Astra vaccine made up a much larger share of its vaccination campaign. Respectfully, won't comment on it being part of a "plan" though.
alien ? You mean first contact
https://scitechdaily.com/a-harvard-astronomer-said-its-alien-technology-now-scientists-think-they-found-the-true-origin-of-strange-interstellar-object/
https://www.bbc.com/future/article/20210506-the-interstellar-voyagers-that-visited-our-sun
The next black swan ?
Pale blue, but still blue
shareminator, their playbook is so predictable I laugh myself to sleep. If this was a chess game I would have won. I also find it funny how dark trace funded by GCHQ and set up my former UK intell people points the finger at the russians lol If the russians are that clever at hacking then they are very stupid at leaving the bread crumbs. Honestly I actually think I am in a mad house lol I think they will blame the new strain on the unvaxed people so then everyone will be forced to have it. I said that last year. The new strain will evade the vaccine. The plan all along. Sorry Kando.
That's true, and personally I won't be investing there at the moment. I just suspect it probably is still a "buy"; that the prevailing sentiment is correct, and closer to the bottom of its current trading range than the top. Lot's of risks there, as you said, but on a "best guess" trajectory for the cruise industry, factoring in those risks as well as one can, it wouldn't be altogether surprising to see in the £20s within 12 months, validating that buy recommendation.
We are the only bit of blue in a sea of red.
PC, exactly. Kando, you need to think like this: CCL is now effectively 3/4 of its old size but with twice the debt while with 'normal' being 3 years away and meanwhile, it is still racking up debt. One more covid twist and it will, ahem, 'sink' again. So at current price, you have lots of risks with very little upside. See the light brother.....
Sharem, if vaccine still means that covid rages, then we as human race just have to hold ours hands up and say virus wins. Live alongside it and whatever happens, happens. Great thing is, it will make alien invasion less likely. See 'war of the worlds'
Like to look at the ftse100 heat map on HL. Now that's what I call a Red Wall.
Kando
" with $55 bn in total assets " yeah but shareholder equity of $20 billion and long term debt of $22 billion and cash burn at present of $500m a quarter ..challenging at the moment
Cant say I see dividends going anywhere for a while ..lenders probably wont allow it...and that tends to put a roof on the share price...but yes..at "some point" it could be a cash cow again...but not quite yet for sure
DN I was reading this morning an article about COVID19 and it was stated that the Indian Variant might be dodging vaccine protections, contributing to the country's explosive outbreak, the World Health Organization's chief scientist has said. If that is true the 3rd Lockdown will happen sooner than what we thing, especially if government will allow things to go back to normal.
carve to be fair, all of this has an impact on PMs so all the topics we have discussed has it's relevance here whether we like to discuss it or not. You can imagine when the 3rd lockdown happens in a few months it will knock everything.
Fair points, however ultimately, I think the market will act favourably towards Carnival's share price going forward.
$22 bn in debt is objectively a lot, but it's set against a backdrop of $7-8 bn yearly profit in normal times, so it's relatively easy to reign back in over 3-5 years.
It's a big company, with $55 bn in total assets, with a big market that will readily help it to recover once it's permitted.
cruises will be back.... in fact stock market profits often get used to buy a cruise ..and there has been plenty of profits the last year .... and COVID controls will be in place for them...
but Carnival...as a shareholder at the bottom of the food chain below all that debt.....ooof ..anyway ..
Pokerchips. Exactly. Junk Level. They now have fewer boats meaning less revenue and more costs (covid) to operate. £20 full valuation is generous unless you are blinkered. It will be many more months or even years before they can fully operate when you consider bulk of the world has done less than 10% vaccination. At £17. Move on..... How many cruises can people take going around Britain? LMAO
Anyway, this is a Fres board. Sorry for digressing.
Kando
" but the balance sheet at Carnival is sound"
Carnival's long-term debt has gone up from $9.7 billion to $22.1 billion,in a year and they are paying higher interest rates on the latest debt
Carnival's debt ratings from Moody’s and Standard & Poor’s Global are both at junk levels.
Having liquidity as a result of a major increase in debt may mean a "sound" balance sheet to you in the sense that you don't think they will go bust......
but for many the word "sound" in relation to their balance sheet isn't the first word most would turn to !!
Disagree with you on Carnival carve. The business model depends on weathering economic cycles. Very few people take cruises in a recession, they know this, and recessions are inevitable and cyclical. This has just been a very severe and very immediate recession for them. They maintain a huge warchest for just these occassions and would appear to have liquidity to last into 2023 even with no recovery whatsoever before then. Much of what you say is otherwise true, but the balance sheet at Carnival is sound, and the new debt sustainable - on the assumption that cruises, as they existed before, do return eventually.