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Problem is that ships are only 65% full and they still cannot staff the ships (Carnival closing 2 restaurants on each ship). Look at the trend over not just a year but over the last5 years before any of this Covid stuff arrived. Shares are just going back to where they were 5 years ago...I blame poor management decisions and lack of any real strategic planning....going to drop a lot more in the next few months....
CCL now the top faller in the FTSE 250! WTH!
Dear Lovelace 1958, I thought the same last June and have lost 49% of my investment...stay clear......learned my lesson well!
This share is a poor performer, down 2.5% today and has been going down every day for the last week...no upturn in the next few months either....what next Monkey Pox!
Last time I looked the War was in Ukraine and not in the rest of the majority of the World. Oil prices are down and Covid is going away...blame bad management! Look at the trend in the last 5 years it was always going down......
and now we are down 2.8%.......
Why a drop of 10%. I know share are down but this should be steady! Management need to doing something and fast! 40 Drop over a year is not sustainable!
Agree, this SP is only going one way down...but in too deep to bail out.......we need a plan from CCL and not just nice words about how is good to cruise...get advertising and cut the prices....
Lets hope the new CEO is better than the last one...lost over 30% in a year!
Just looking at the SP and noticed every day for the last 5 days the price has dropped when the USA market opens...usually 1-3pm....looks like the time to sell or buy....
Dear EC. I admire your optimism but in the real World going on a Cruise is way down peoples hit list on things to do out of lockdown and post virus. You can see that in the low uptake of tickets shares and why large organization like the Canadian Gov, selling shares in CCL (like what happened on Friday!). £20SP might happen but look back 5 years ago...even then the trend was going down...(Picture paints a thousand words!. Or graph in this case!!!)
Why would you want to buy a Stock which has a negative future? Lost 30% of investments always thinking it would get better....have to stay for the long haul...pity the poor souls who invest 3-5 years ago..they have lost 2/3 of the share value!
See there was Cruise ship diverted to the Bahamas after US allowed to seize vessel over $4m unpaid fuel bill!
Hey EC You can forget about the Virus...when Russia invade Ukraine then no one will go on a cruise...….standby lifeboats......this is going South for the next few months!
EC.....BTW.....The Light at the End of the Tunnel is a screaming 500 Tonne Diesel Electric Train...ready to derail this SP...…!! IMHO!
EC.....BTW.....The Light at the End of the Tunnel is a screaming 500 Tonne Diesel Electric Train...ready to derail this SP...…!! IMHO!
But what the point of a Cruise if you cannot get off to visit the ports. I think you might as well stay in a hotel! So much for safe cruises...!
Market has had a total over reaction, 8 deaths in England with over 100,000 positives.....there are only 123 in hospital with the new variant! Need to get real on this...its the way thing are in nature ..they mutant ..so what! if you test more you will find more!
Wait and see....tomorrow is another day!......
Red Sea this morning......!