Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
bugger all else to do while we're in lockdown (other than trading barc, lloy, ual and aa)
more chance this will go sub 200p than it'll go above 260p IMO
I like this share/industry at the right price. It's a discussion board. If someone comes on here saying this is a dead cert, somebody needs to put out the facts so others don't get sucked in. No such thing as a dead cert. Get over it
don't know about dead cert, it'll be dead in the water if the virus isn't brought under control. remember they're burning a BILLION a month while they idle
and the sp finished down 4.28% at $11.85, though after hours it's showing a strong gain, back up to $12.88
that article was written in the us.
Carnival slammed in Businessweek piece
Apr. 16, 2020 1:19 PM ET|About: Carnival Corporation & Plc (CCL)|By: Clark Schultz, SA News Editor
Carnival is the subject of a Bloomberg Businessweek article accusing execs of allowing partying to continue on ships amid the risk of coronavirus.
"Even as the coronavirus spread, the company kept people partying on its cruise ships. Dozens have died, and the lawsuits are just beginning," reads a tweet from Businessweek introducing the story.
The piece is a first-hand accounting of life on a Carnival ship as safety protocols were and weren't followed in early March.
Carnival, Norwegian Cruise Line Holdings and Royal Caribbean were already having a rough day before the story broke.
hard to say. interested to see what happens when it gets below 200p. it might be a slow downward spiral or it might tank. 150-160p would be a good entry point for a long term investment for capital appreciation and divis for the next 3-5 years. the schedule will be pared back for most of this year so earnings will be well down and borrowings well up. I think airlines will bounce back quicker than cruises simply because you're only on a plane for 2,3 6, 10 hours max that's a lot different to 14 days on a boat. no sharing at the buffet table etc.
i'm a frequent flyer and saw the 9/11 impact. i'm more certain that the big established airlines - inc some budget airlines - will be ok in the long run than the cruise industry.
briggsy you mug.... have you heard about the virus that has grounded most airline fleets around the world. lhr said today they will soon be at just 10% capacity. the drop started soon after that news broke.
airlines in usa just agreed a bailout to the tune of billions - and all their stock dropped today. iag hasn't got any govt help. going it alone. must be burning hundreds of millions.
i'm not desperate, just patiently waiting for the right entry point - and its well below 200p.
falling further, further to fall. sub 200p coming soon, but where is the bottom?
looks like sanity is starting to prevail. wonder if that plum luddite got out on the spike or will he hold all the way down to 150p, which is where this is headed.
dont worry nit wit i'm invested elsewhere and doing nicely. sold out of barc at 98p yesterday morning and waiting to get back in. been in and out of UAL, LLOY and NCL recently. Mostly on the sidelines now waiting for the next leg sown.
its started on IAG today and CCL slowing declining back to placing.
patience is the key. i'll be investing here but not at today's price.
only fools rush in
spbhoy - speculative?!! what a load of balls. its a fact that ships are not sailing and no real income is being generated (deposits are refundable NOT income), so there is every chance the company's cash will not outlast te virus. that's a FACT not speculation
"if they can stay afloat until next year"
that's the billion dollar question.
sounds expensive
Helpful, thanks
boo hoo engineer. the ban is indefinite. that was the word I lifted from the media who reported on this, not my word, theirs. as mentioned here, if the virus is still in play at the end of the 100 days the ban will logically be extended. there is no prospect of a cure in the next 100 days, so use some common sense man and stop crying like a baby.
carnival have already cancelled a large number of cruises and shut down a large number of ports for ALL of 20202, SAN Fran, NYC to name two.
you should be reporting your own post for its sheer stupidity. Down another 6% and counting to day I see.
Agreed BE, but the $1 billion was mostly for costs that couldn't be cut. they need a basic crew to man the ships even when they're idle. they've a lot of debt to service and have contractual commitments for the new inventory.
its interesting to follow and to know when to get in and out. the longer the cruise industry is frozen out the more precarious the viability of these businesses becomes
im interested at an entry below placing price - for a gamble. its only investable when the ships are actually sailing again
the start date for cruising is getting pushed out again and again and again and again. meanwhile the cash is being shoveled into the incinerator at a rate of $! BILLION per month. ouch.
a pattern is forming and it doesn't look good. bottom will be tested in the $6's or 7's
Carnival (CCL -9.7%) says it is notifying guests that it will be cancelling more Carnival Cruise Line cruises as it extends the pause in North American operations to at least June 27.
Carnival Sunrise cruises out of New York are being canceled for the rest of the year.