RE: £10 a share10 Mar 2025 15:17
1. He has clearly said that there will be "short term pain".... short-term could be a year...
2. He has clearly said that if there is a recession, then so be it
3. He has said that he may increase the tariff's to 50%
Those are just the top three off my head from this weekend.
The fundamentals of Carnival was good, and it was getting a lot better....
But, if the US people are squeezed with money, and Interest Rates do go up so Carnival has to pay more for stuff, the EPS will drop, and we will definitely be £10 or less.
The Stock Market is all about the long term, but that could well be for the next 3 years 10 months whilst Trump is in office, and then there's no guarantee he will step down, despite the Constitution mandating it.
He could have JD Vance run as President, him as VP, and then Vance steps down so he can become President again.....
Unfortunately I have 4k shares in a dealing Account, bought at £5.50, so I can't sell them anyway without taking another 24% hit with tax, so I might as well just leave those.......
Even if this does bounce, it could reverse on a dim the next day........
Royal has lost 25%, might be worth jumping ship instead.!