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14% in a month now.!

WOW............

Below £9.50 is a steal, but whether it's going to stop now, and bounce high and hard, who the hell knows.

Noting that even the analysts raised their pricing.

This is purely US sentiment, Yield %'s, and what's happening with the Fed Interest rate changes........

A 12% drop in the last month is quite impressive for any share.

Of course, it's even more impressive after I bought back in and was worried about getting back at 1100.

It really does show you that the Fear of Missing Out is really something that people shouldn't worry about, especially in these times.

I could have had an extra 5,000 shares for free.!

Now 20 / 100.

Sentiment really really bad now.

https://edition.cnn.com/markets/premarkets

I think....that the form 25-E is removing the first, most expensive Loan Note.....@ 11.50% Interest rate that they did just after Covid...........

>>>>>>>>>>>>>>>>>>>>>>>>

“2023 Secured Notes” means the 11.500% First-Priority Senior Secured Notes due 2023 of the Issuer (as in effect on the Issue Date, the “Issue Date 2023 Secured Notes”), issued pursuant to an Indenture, dated as of April 8, 2020, among the Issuer, Carnival plc, the various guarantors party thereto and U.S. Bank, N.A., as trustee thereunder, as amended, restated, supplemented, waived, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time to time, including any agreement or indenture extending the maturity thereof, refinancing, replacing or otherwise restructuring all or any portion of the Indebtedness under such agreement or agreement or any successor or replacement agreement or agreements or increasing the amount loaned thereunder (in each case subject to compliance with Section 4.06) or altering the maturity thereof. Notwithstanding the foregoing, no instrument shall constitute a “2023 Secured Note” for purposes of the foregoing definition (other than the Issue Date 2023 Secured Notes) unless such instrument is designated to the Trustee in writing by the Issuer as constituting a “2023 Secured Note”.

As this is what a Form 25-E is.........

SEC Form 25 is for firms that wish to delist from a stock exchange. 1 Compliance costs for SEC disclosure requirements cost businesses millions of dollars annually. Going private is when a company liquidates its shares and delists from the exchange.

Fordy.

No, not me.!. That's double my holding now.

It's small fry.

What I can't work out is the Form 25-NSE filing that was done late yesterday.

https://www.carnivalcorp.com/node/72826/html

We closed at $13.69, and it is currently $13.65.

With a heavy loss day across the FTSE and many other US companies, although the DOW was only down 0.22%, we didn't actually do too bad...

Bhants.

Unfortunately you are looking at the legacy UK Numbers re Shares.

There are 1.12 Billion shares in issue.

983.98 Million shares are floated (i.e. available)

112.58 Million of those shares are shorted, or 11.44%

The avg daily trading volumes are 31.27 Million shares.

and finally, 52% of the floated shares are owned by Institutional Investors.

Google is a wonderful thing .!

Bonkers.

The problem with the Sentiment Factor is today it's Extreme Fear, and give it two days of Bullish and the marker moves quickly.

It was only a month ago that it was Extreme Greed.

Currently, unfortunately, the work is just c.r.a.p.

Stupmy.

Nothing wrong with a TA viewpoint.

The challenge with TA views is that is looks at the trends.

As I said last time, it's all sentiment, and although I don't like TA viewpoints personally, with the current sentiment and macro-economics you could well be right.

Until Q4 is done, Oil reduces in price, Inflation comes down, Banks start to lower interest rates, it is all negative negative negative.

A sensible person would actually sell up, hold cash, and buy in and out on the bounces.

ps. Never Derided you last time.!

Now we are there....... Extreme Fear.......

https://edition.cnn.com/markets/premarkets

We are on the brink.......

https://edition.cnn.com/markets/fear-and-greed

That has to have been a negative running into Friday afternoon, so hopefully that is another positive for Monday.

All we need now is the US/Saudi Arms deal, including the US buying Saudi Oil, and we're good.! LOL

AParky.

The Q4 was always going to be a negative per the analysts.

I know they do a lot of repositioning over that period, but at the same time, I also know that the festive period pricing is a lot more than normal periods, so I don't really understand why it would be negative, but it has always been projected as negative per the analysts.

Additionally, the projection from CCL was actually better than the best analyst cases, so again, it doesn't make sense.

Currently, the summary view of the analysts are...

Out of 15 analysts, 9 (60%) are recommending CCL as a Strong Buy, 2 (13.33%) are recommending CCL as a Buy, 3 (20%) are recommending CCL as a Hold, 0 (0%) are recommending CCL as a Sell, and 1 (6.67%) are recommending CCL as a Strong Sell.

Unfortunately we still have an 11% SHORT holding volume, which is what will drive the massive swings.

Overnight, it settled at $13.71.

So even to our close....

Roll on Monday when the US announce a new military contract with Saudi Arabia which includes the reduction of Oil prices via an increase in production to the US.

We closed at $13.71

It's luckily now recovered from the lows, and currently it's back to $13.68, so nearly even to our close.

Let's hope that Monday is a rebound day.

It didn't help today that the whole of the US tanked after opening as well, so you never know.....

$13.33 and still dropping

And it's not stopped.

It's now $13.38....... we closed at $13.71.........so we are in for another 25p drop Monday currently, and it's not done yet.

Bhants.

This is all relatively simple.

Basically, this is all b*lls**t, and basically we just have to wait until they literally can't hold the share back anymore.

The paid down $4bn in debt in 6 months despite high fuel costs, and the fuel costs were not as high as 2019 anyway..

They are at 100% capacity.

Granted, in 2019 they had debt of $10bn, and by the end of this year they will have $31bn, but paying down the debt by at least $8bn a year will mean by the end of 2025 they are back to 2019 levels.

Now they are picking on the Q4 estimates despite the full year estimates being above expectations.

It's all b*lls**t.

https://www.macrotrends.net/stocks/charts/CCL/carnival/long-term-debt

Carnival turned in higher earnings and revenue than expected in the third quarter as a result of strong demand in North America and Europe, but forecast a larger loss than anticipated for the final three months of its fiscal year.

The company reported adjusted earnings of 86 cents per share in the three months to Aug. 31. Net income was $1.07 billion, turning positive for the first time since guest cruises resumed after the pandemic. Carnival (ticker: CCL) generated revenue of $6.9 billion in the quarter, a record for the company.

Analysts were expecting earnings per share of 75 cents on revenue of $6.7 billion, according to FactSet data. The stock wavered in early trading but was 2% up shortly after the open.

For the full year, Carnival’s guidance also came in ahead of estimates. Analysts expect Carnival to post a loss of 16 cents per share, but the company sees a loss of 4 cents to 12 cents.

However, Carnival’s fourth-quarter guidance may be a concern for some investors. The company said it expects a loss of between 10 cents and 18 cents per share, a greater loss than the 11 cents per share expected by analysts.

Cruise stocks enjoyed a stellar first half of the year amid an international travel boom and strong summer demand. But the sector has had a tough quarter, along with the rest of the travel industry, as fuel prices have risen and investors have started to look beyond the summer.

Carnival stock has fallen 23% since the start of July but remains 79% up in 2023, as of Thursday’s close. The shares pointed 4% higher in early trading Friday

In comparison, Royal Caribbean (RCL) is up 90% and Norwegian Cruise Line Holding s (NCLH) has risen 38%.