Member Info for Bhants

Agreed CWWX, no on3 seems to have any explanation as to why this share price is so volatile, either.

B

Yes it will. Blimey, 35 Balcony cabins at 2 grand or more a pop………

That is the same trip we did a week or two back. Iona shuttles back and forth on a weekly schedule for three months or so. Same next year, too. There must be the demand.

Roll on 27th - same pattern today as many others. Slow gain from the start then all (and sometimes a bit more) is tanked away when NYSE opens.

B

Squidgy, I had taken a different interpretation of Haute’s “interest rates”.Yes, this is the month HMG use to determine the increase in State Pensions and other benefits next April. My Father-in-law used to call this hid “free money” - that was in the days when he went weekly to the Post Office to collect it. I guess the same applies today, although it mysteriously appears in the bank account every four weeks, i.e. 13 times a year. So, there is always a month when one gets two payments. That certainly helps towards a cruise fare when all other budgeting is done monthly!

I took Haute to be talking about income from savings. It is a real pain to move cash about just to get and extra couple of basis points on cash savings unless you have the right accounts already set up. The banks rely on this, of course.

Having said all that, P & O and Cunard do not seem to go for the kinds of special offers that you see on Princess or Holland America.

Anyway, thank you for your comment. I am (figuratively) holding my breath until 27th.

B

I understand all that theory but I think your main premise may not be right. Mr Bailey, our well-loved governor at the BoE, said the other day that he thought interest rates here did not need to raised further. Indeed, the £Stg dropped to a three-month low as a result.

The other thing to say is the banks are historically very slow to raise rates for savers and, despite frequent admonishing from HMG, they still are. Pensioners, of whom I am one, are also full of inertia when it comes to financial decisions - they are much more likely to be in the “I’ll just wait a few more days and see……”

The next real big day is 27th September when Carnival announce their Q3 results.

B

So much for that thought………

Usual little spike before 14:30 then a mini-tank afterwards.

Oh well……

B

I wonder if the small rise this morning was due to the value of the £ dropping on Bailey’s comment that interest rates have peaked here?

B

I agree, Topo. I suspect there may be some jitters in the week or so running up to the release of the Q3 results which is due to happen, I believe, on Wednesday, 27th September at 14:30 our time. There should be a webcast starting at that time so the results may actually be out half an hour before then.

B

Wise move, I think.

B

Oh! I bet it’s you who holds onto the last piece, AParky!

YR, fuel prices have not historically troubled the Carnival share price, despite EmeraldCarrots protestations. They don’t hedge their fuel costs but are now moving to LNG as well, so that will help. Having said that, I can’t see any other reason for this morning’s dip.

Topo, is that part of this RAAC mess?

B

Really great to hear you had a good time, Parky. We have to wait until July next year for our next one.

Not such a bad day in the end, only a very small dip - but what a roller-coaster if a ride!

Hope you get better very soon! Enjoy your trip, Topo. Full report when you get back, please!

B

So, at nearly £10.60 i have to ask where the justification for this is?

B

Here it comes, down to £10.90…….

14:30 tanking due…….

B

Did you book, though? Or did the fear of China prevail?

B

Indeed. Curiously, they seem to have blamed the new variant on British Airways as it’s called BA.2.86.

Trouble is, people generally seem to think Covid has gone away when it hasn’t - it’s just like the ‘flu. I am waiting for a call to go get re-jabbed against both.

I agree, Topo, that I would have expected the SP to be higher than it is. The risk now is that Q3 doesn’t quite live up to expectations.

B

I just don’t get the volatility. I haven’t seen any other share that bounces around quite like this one. What makes it worth 20% less now than it was a month ago?

Hope all you guys going on cruises have a really wonderful time!

B

Thanks, YR. I know we should be more adventurous but we have never been with other than P & O. I guess we have found what we like and stick with it!

B

Maybe! Mine is actually the one that comes as part of my bank account travel service. I think I have found in the past that a couple of high street agents were prepared to offer something - it means they give away some of their commission.

Just a thought - are you a Peninsular Club member? There are some P & O cruises that have a 5% discount if you are at any level. They don’t always go where you want or on the right ship though. Have a look on their website.

B

Yes, Aangus, you do. From memory it’s 5% off. (You will get that on the second cruise if you book a “back-to-back” anyway, I think). Depending on the timing you might also get some extra OBC and you will probably only have to cough up £50pp deposit.

I actually use a travel agent who gives 5% off all cruises and sometimes has wrinkled out some extra OBC, too.

B

Why is CCL going south today - unclear why that should happen.

FTSE holding steady/up

B