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Coronavirus is no longer considered a "global health emergency", the World Health Organisation has declared earlier today.
Whilst this hasn't made many headlines I'd say it probably didn't go unnnoticed in the City. Coronavirus coming back was always a worry to would be cruise line investors. This basically signals it's over and we can now get back to normal. Could be a turning point???

Well the final Hour of trading in the US was a wipeout!!! Was it something the fed said?

https://finance.yahoo.com/news/carnival-ceo-we-arent-issuing-stock-to-pay-down-debt-123928134.html

I'm a novice investor and I haven't the foggiest when it comes to technical analysis of charts. To me you might as well be trying to read tea leaves. I've looked into it though and there's no science behind it and the only study that's been done on it concluded that those that used technical analysis performed worse than those that didn't.
All I know is that all the ships are sailing, the ships are full and they've just had the busiest wave season in the history of the company. Record after record broken across North America, Europe and Australia.
The CEO said the following a couple of weeks ago.
"With adjusted free cash flow for the year expected to be positive, our revolver renewal behind us, more committed export credit financings in hand, a reduced capex profile going forward and over $8bn of liquidity, we believe we are well positioned to pay down near term debt maturities from excess liquidity and therefore have no intention to sell equity, except in connection with our advantageous and non-dilutive stock swap programme."
I'm confident for the future.
Good luck all.

Just topped up at £6.46.

I was going to top up at £6.50 this morning but it didn't quite make it. I agree it's very frustrating at the moment but I think when this finally turns it's gonna move quick back upto £9 plus and this is a great buy In opportunity.

It's all about the USA what happening here seems to have no effect on the SP. I think they're looking at two more interest rate rises before inflation is under control. Hopefully then they can think about rate cuts. If they can escape a recession this year and start lowering interest rates then sentiment will turn big time. Or at least I think it should. Then? Who knows, any SP predictions by me are pure guesses.
On the flip side if the US goes into recession this year then it's a worry for CCL. Passengers numbers will inevitably drop and the debt will become difficult to service. Could be years until we see any return to profitability.

For anyone that still thinks shareholders could get anything here then I've got a bridge to sell you.
Deluded doesn't even come close.

It's upto £200 on board spend for ex forces with the Defence Discount Card. You just have to call P&O once booked I've done it a few times.

I think that drop today was a massive over reaction and I'm expecting they close back above $10 stateside. We should then see a nice rise tomorrow morning.

Jemgee, American Airlines is forecasting lower than expected Q1 profits. CCL have already reported Q1 and beat forecasts. No correlation at all. We all know costs are up across the world in all sectors it's called inflation and it's no secret. CCL is facing the same inflationary pressures as AA but beating forecasts.

AA, American Airlines Bhants. Profit warning today so down about 9% stateside. Don't see the correlation with CCL but hey ho it is what it is.

Botbot read my post again mate. I said by the end of next week not tomorrow.

Big day today to test and hold above $10. If she can finish above $10 tonight I think we'll test $11 by the end of next week.

Wetherspoons continue to fall? It's up 15% in the last 7 days, 28% in the last month and 55% in the last 3 months? Doh ;)

Absolute dog of a share! 5% down now in the US. They beat every parameter today and still fall. What have they got to do to catch a break?

MIAMI (March 27, 2023) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides first quarter 2023 business update.•U.S. GAAP net loss of $693 million, or $(0.55) diluted EPS, and adjusted net loss of $690 million, or $(0.55) adjusted EPS, better than the December guidance range of $750 to $850 million net loss for the first quarter of 2023 (see “Non-GAAP Financial Measures” below).•Adjusted EBITDA for the first quarter of 2023 was $382 million, better than the December guidance range of $250 million to $350 million, despite a $31 million unfavorable impact from fuel price and currency rates since December guidance.•Revenue in the first quarter of 2023 was $4.4 billion, representing 95% of 2019 levels.•The company experienced the highest booking volumes for any quarter in its history, breaking booking records for both the North America and Australia (“NAA”) and Europe segments.•Total customer deposits reached a first quarter record of $5.7 billion (as of February 28, 2023), surpassing the previous first quarter record of $4.9 billion (as of February 28, 2019) by 16%.•Cash from operations turned positive in the first quarter of 2023. The company expects continued growth in cash from operations to be the driver for paying down debt over time.•First quarter 2023 ended with $8.1 billion of liquidity.

Oh well, fingers crossed for Monday morning. Have a great weekend everyone.

Inchcape post a great set of results this morning and the sp is currently down 14%!
What will CCL have to do on Monday?

https://www.fool.com/investing/2023/03/22/is-this-your-last-chance-to-buy-carnival-stock-und/