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it was trading in the 650-750 range last week, so of course that's possible. Lower is possible too.

No chance this will bounce back in 6 months, 18 months is more realistic to begin the recovery and 3-5 years before previous highs will be reached.

When the industry comes back (and still impossible to say when that will be) there will be heavy discounting incentives to get people back on board.

lol big position eh? probably you that's moved the price then. it's got further to fall. you do know the entire world is going on lockdown, 1.2 billion in India today.

u reckon. how did imtk work out for ya danny boy?

Not quite sure why it's rising. The democrats are going to make sure any relief comes with strings. It'll be made available for wages and overhead and most of it will be repayable not a gift. Cruise industry will be a write off this year with little income. They'll have to put back new ships coming on line and they'll have to raise more money to see them through (with dilution?)

I'm still sitting on the sidelines. I think there'll be another dip before things turn around.

You borrow the shares SELL them, then buy them back. What's the difference. Same result. He's benefiting off the drop in price. His job is to increase the price not trade off downturns. You think its of for your CEO to be selling shares and buying them back cheaper, trading his book? I don't. He's a turd.

Carnival stock drops after Wells Fargo turns bearish

Published: Mar 23, 2020 10:25 a.m. ET

Shares of Carnival Corp. CCL, +12.43% are off 1.6% in morning trading Monday after Wells Fargo analyst Timothy Conder downgraded the cruise-line stock to underweight from overweight. Based on the company's recent disclosures about the state of its business amid the COVID-19 outbreak, he expects that the company will have to issue $4 billion to $5 billion in equity. "While somewhat expected, this will be meaningfully dilutive to existing shareholders," Conder wrote. "As currently capitalized (post $3 billion expanded revolver draw), we believe the company will violate its Interest coverage >3x covenant during FY20." He lowered his price target to $6 from $55. Carnival shares have lost about 75% so far this year as the S&P 500 SPX, +5.72% has dropped 30%.

As I predicted. African shutdown will be devastating for AAL. Gonna fall. Timberrrrrrrrrrrrrrrrrrr!!!!!!!!!!!!!!

shorting his own stock. doesn't surprise me. what a snake.

a recovery in two weeks is wishful thinking, two months is still wishful thinking. no chance of shutting the market.

carnival broker today downgraded the stock from target price of $55 to $6. reckons they'll need to raise $4-5 billion. highly dilutive. not good.

i'm a buyer around 450p

cutyfanny buying shares. a common tactic for companies in trouble and trying to pump the price. are they running out of cash? is a fundraise on the way. doesn't look good.

not just the 405M, what about the 600M they have committed to pouring in to the hole in the next 2 years.

lack of cash will mean scaling back on everything, including woodsmith. I see this falling back as the virus takes hold in Africa. 200p target price and woodsmith delayed indefinitely

If IAG go for the government being issued shares, this would be the same effect as a placing on AIM, probably at an initial discount but any dilution is likely to very short term

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More garbage from luddite. If shares are issued the dilution is PERMANENT not short term (unless/until the shares are bought back and cancelled)

FTSE12 - IAG are NOT flying to Europe. If you think the govt will buy shares on the open market you're deluded. They will be issued new shares for their equity investment - it's called dilution and there could be plenty of it.

Your posts are very misleading.

Sell your shares hold on to your shares. I could give two stuffs. There are millions of shares available to buy every day. I wont be buying them until the dust settles, That might be at 20 quid, but it might just as easily be at a fiver or less.. They have told us there are material liquidity issues and that they will book an indeterminate material loss this year. Still too early to call the bottom.

There will likely be a bailout but it wont be a freebie and will come with strings. Those strings may have a temporary or more permanent drag on sp.

Not a deramper, Just a realistic with regard to current world virus crisis and total lockdown of free movement across the globe.

You shouting 20 quid by year end is much more dangerous and duplicitous than my predicting a further drop

grow up. If you're in at a tenner a share I'd sell up quick, you'll be underwater very soon at that price.

Easy Jet just announced they're grounding most of their fleet next week. A long way before we reach the bottom with airline stocks.

If those are your picks very soon you're going to end up as poor as a Sirius shareholder.

PS still hope they fill in the woodsmith shaft and turn the lights out.

Lyndhurst, you're a trader, I'm an investor. Room for both. Good luck to you. We're in the very early stages of the lockdown. This is a dead cat bounce. Down again next week.

Roaring back this year? Do you know something about this virus that the rest of the world doesn't. No one knows when it'll roar back. I agree things will bounce back, but will Carnival and others run out of cash first? That's the question and it'll be a while yet before that qu can be answered.

I'm still waiting for the bottom.

Not sure why this is rising. The company have tried to spin the increased bookings for 2021, but there's a lot of choppy water to get through before then. What has happened since corona virus became a factor in US/Europe is more relevenat -

For the seven week period beginning January 26, 2020 and ending March 15, 2020, booking volumes for the remainder of the year were meaningfully behind the prior year on a comparable basis as a result of the effects of COVID-19. As of March 15, 2020, cumulative advanced bookings for the remainder of 2020, are meaningfully lower than the prior year at prices that are considerably lower than the prior year on a comparable basis, reflecting the impact of COVID-19.

Doesn't look good to me.

A screaming buy??!!!!!!!

From today's update -

"the ongoing effects of COVID-19 on its operations and global bookings will have a material negative impact on its financial results and liquidity."

AND LIQUIDITY!!

Yikes. A screaming buy maybe, but at what price - 50p?