Member Info for Bhants

I’d take the stairs, Topo……

But you might be right!

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Holding steady 10 minutes after NYSE opened.

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Bot,

IMHO I do not have a scooby, as they say. If I were to try, it would inevitably the opposite way.

That’s just how it is, so I don’t do anything and try to tell myself that is a positive decision. 😂

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Thanks TW.

Sadly, history shows that no matter how positive the results, statements and outlook from Carnival have been over the years since COVID, the immediate reactions are almost always a brief positive then a slide. It’s come a long way since the £4.95 low, though!

Have to hope that this quarter is better received. Some one will inevitably focus on the debt.

2026 must big the big target, though, when they plan to achieve “investment grade”.

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My sentiment entirely, Bot but quite usual!

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Agreed, JD. But if they didn’t have a plan…… what sort of company would they be?

There is one question, or more, that I have not posed on here before and it probably apply to a number of large, multinational companies.

How under control are the overheads? They have a huge set-up in Miami at he HO, who will b3 setting strategy and all sorts of important stuff but is it all really necessary? Do they keep it under review? There are some very fancy salaries (+ share options we have seen sold lately) being paid.

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Who knows? Is the right question but the answer is totally elusive.

JD, if you read the reports and listen to output from Carnival, you will know they have a debt repayment strategy which will bring them to “investment grade” status in 2026. That means that debt will be reduced, as as I understand it, to a level of less than one third of its current level of around $26 bn. I believe debt was about $5bn pre COVID. It would also mean they start paying dividends again.

The usual pattern is a large pre-results rise. Then, when someone ignores the results and

finds something negative to say, a trailing off. There is absolutely no logic to this because the company is either sound or it isn’t. The amount of sentiment behind SP fluctuations is enormous and ridiculous.

I think Bot’s longer-term prediction may be slightly optimistic but certainly possible.

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Seems to be making a slight recovery - hope it continues.

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Results should be on last Thursday of March.

Need to bear in mind, too, that the Bahamas Cay is getting two extra berths to allow four, yes FOUR, ships in at once.

Not for me!

Still on track to achieve investment grade in 2026. Patience needed.

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I am not sure why you all sound so disappointed! We know perfectly well how this share behaves.

IAG produced better than expected results and………the share price slipped.

Following this day by day isn’t a great idea, unless you’re day-trading, which I don’t think many of us are.

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And if I’d………. Oh, never mind!

Sorry, Better.

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I’d be quite happy with a 5% gain in the day. Experience tells me, though, that some of it will drain away before CoB.

Patience, patience. It’s a virtue, they say. Just wish I had some…..

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Carnival released their Annual Report for 2023 on Friday last week alongside a very bullish and positive statement for the CEO.

Hence the drop.

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I agree, if you’re prepared to wait a bit, quite a bit, longer but in five weeks. As they say, that is a big ask, I think!

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We have had worse days! Everything’s pointing towards a good increase over the next week or two or six but I think your £6 in five weeks may be a tad optimistic, Bot! Although if it isn’t……

you could actually buy a P & O ship on the proceeds!

Have a great weekend everyone.

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Which effectively means we lose all yesterday’s gain…… ‘twas ever thus.

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Pretty well spot on, Bot.

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Well, how often does this happen? Mini-tank. Would not be at all surprised to see more of today’s gain dribble away by CoB.

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Afternoon, Topo.

I think we have had our jump! Waiting with bated breath to see hat happens at 14:30…….

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Thanks, Bot! That’s very generous to a nosey Parker! A different style of cruising altogether from mine.

Do we have any suggestions for Carnival from RCL’s operation to improve profits?

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