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May I assure you that if you're going to catch COVID, Azura is one of the best places to do so. My wife succumbed yesterday - so we're in isolation and not allowed to fly home today. But room service is good and deluxe balcony provided for the "patient" Minimun 5 days wait for next LFT.
Not of course good for CCL's bottom line. This all costs money - credits for "ill" days, new flight home, and in our case could be an extra week on the ship.
But good, I hope, for their publicity?
Currently on Azura. Can fully understand depressed SP. Ship about 55/60% full. Masks back mandatory as you walk around ship etc. It'll take a long time for CCL to return to good profitability.
But I'm glad we came, even with COVID hassle.
Spread is currently 116.25 to 122.44 for 2000.
Just over 5%. But MMs advertise 110 to 125 not 115 to 125 (rounding to 5s). Why?? to try to decieve us.
Consolidation has made no difference to the spread or volatility. imho. It does mean we'll be ready for the eventual IIs, whenever that might be. Its probably a good thing there's no urgency at the moment from their point of view. Roll on Tox results first, please.
It's all about how you interpret the future word "will".
If I told you I will give a tutorial this afternoon, it is clear that it hasn't already happened.
However you have a pretty shrewd idea that it is going to happen. But it may not. It could be cancelled.
In the Parker tweet, the word "would" would be better.
And there is also a US listing of UK shares called CUK, priced in $
So currently CCL=20.79$, CUK=19.36$, CCL.l=£14.126
£1=$1.35, so discount in US is currently 7%, or 8% compared with London price.
Share buyback has certainly reduced discount in last year.