Member Info for chinch

I've had many amazing holidays on all 3 Queens run by Cunard. Got to say the staff the food and everything else that went with it made for a complete fantastic holiday. However, Carnival are in deep trouble here and can see this not ending well. I've been watching this share for a while just out of curiosity more than anything else and seen the drop from £30 down to £10. Also saw that Carnival have sold off 4 ships in America perhaps at a huge loss (Holland & America Line).

They've been bankrolled for a short period of time ($6bn) that may keep them going for about 12 months as they are currently burning cash at about $250m a month. Even if they start cruses half full they will be loss making as you have to still pay for crew, fuel, food etc. The loan notes at 10% and 11% just show how risky an investment this is - not one for me I'll stay ashore for the time being....

I feel desperately sorry for all the crew and passengers and do hope that things return to normal but they wont for another 12 months - 24 months and that's being optimistic. Just cant practice social distancing at all is the main problem and if one person is infected its not difficult to see the wholes ship infected due to the air conditioning units in each room that are on all the time.

The only type of businesses that will do will is Uk based tourism as people will all stay in this country for the time being.

8 “O” trades just gone through all for the same amount - interesting

filtered :)

Newk why add a few more at these prices when recently it was as low as 70p?

Why not take the 3p div - not long until ex div date

Itv are slowly reducing their reliance on advertising and concentrating increasing revenue on say areas like production. As soon as we can not rely on advertising as the main driver analysts should look at this positively.

As for brokers targets - I ignore them as a waste of time as they are usually wrong.

A link if anyone is interested:
http://www.stockchallenge.co.uk/ftse.php

What’s a code 1 - excuse my ignorance

Very impressive CV and such a good catch imo. Board is strengthening all the time. Interesting to see what the business plan is and where they want to with this or are we up for sale? No surprise to seen the SP increase from her appointment and excellent results.

ATB

Brilliant Sasa! Nice to see the SP increasing day on day as well

ATB

Thx Sasa but could he have done this when the price was lower?

Malcolm Webb first purchased some shares in 2018 when he was first appointed. My only query is that why didn’t he buy any when they were 70p recently? Not sure why he has bought now but for us PIs shows the confidence.

We’ve come along way since the downturn in March so now looking to get back to all time highs especially now that the div has been announced.

Although not showing as I can see, AXA have reduced their holding slightly

The subtle thing here is the appointment of the NED specialising in M&A. Should be something happening this year with O&G prices this low. Nice article NEWK to confirm that we are now seriously on the lookout for new opportunities.

Stay alert

ATB

Actually Newk I was thinking this morning that there were a lot more O trades recently than A trades which is good to see. I wonder if the step up in SP is due to the added interest of the div. A deal would be a bonus but if I was a fund manager and seeing a Company paying a div, no debt, cash pile etc. I'd want a pieces of the action. After all these managers are judged on their results to deliver returns and receive bonuses so some thinking outside the box will be required in these difficult times.

A question: I'm sure in previous presentations around results that Mitch has said what the balance sheet looked like at December, however, he then went on to say what they had currently (about April time). Cant see anything mentioned of what we have now - have I missed this or does anyone else think the same? Could it be the new appointment of the NED specialising in M&A activity that has led to keep the balance quiet?

Cant see any of those A trades at all today :)

Lots of O trades Newk today :)….

I would hope that the fund managers look at alternative Companies now for growth and div (SQZ).....

There’s another div gone this time BT. I would think that investors are now looking further a field for divs - why not SQZ? :)

Wonder if the Fund Managers monies are coming in now that there is a div confirmed. After all, loads of Companies have either cut theirs or got rid of them all together - I wonder....