Member Info for pappalazz

Me neither, very bizarre!

I see a lot of people mentioning that cruises will start with additional precautions. I am VERY skeptical about this, at least this year... Social distancing is not possible on a cruise ship. Even the ships layed up in Southampton and in Miami, the majority of the ships have or have had Covid19 cases onboard. It has taken them weeks to get on top of it with 95% isolation of crew in cabins. Cornavirus spreads so easily and rapidly, we've seen this happen. If fit healthy, medically checked crew are getting sick, leaving ships occasionally in ambulances and unfortunately losing their lives which you see in the media. Imagine what carnage it will do to the "overfed, nearly dead and newly weds". I'm not saying crusing will not reopen ever, but until this pandemic has been successfully beaten by herd immunity, if that is a possibility, a vaccine or its natural decline. I'm afraid no amount of social distancing, health checks or PPE will stop an outbreak of immense proportions and devastation onboard a cruise ship. After all, cruise ship clients are predominantly the at risk sector on a lot of ships. In addition to this a lot of people's disposable income has also been severely affected.
The media fallout of the first cruise ship that has resumed service with a Covid outbreak taking place will be catastrophic.
Just wake up people and see that, services will not be resuming in any form for quite some time..
Just be realistic, that's all I'm saying and will carnival have enough dollars to see it through with over 100 ships, 10 brands and their employees to support... It is going to cost an absolute fortune every month... Resumption of service in July is a fairy tale and highly irresponsible.

My plan now as I was 50k in at 23.00 ages ago pre corona..So major losses!My plan is to play with 6k and take advantage of these 10% ups and downs, not be greedy and just let the buy and sell orders do their thing.. if they don't get triggered, not to stress about it..Hopefully that can claw back some of my lossess. But this share has provided me with a lot of stress this year. Well done to everyone who bought in at the low end, but I do hate you hahaha!

Might change the buy order to 700, not really confident at the moment to be getting these any higher...

Not a chance sailing by August, they know this is incorrect...
Sending all crew home, chartering flights, using ships to relocate crew.
Reducing the ships to minimum crew for layups, maintenance on the ships will be minimal.
They are preparing for very late in the year best case scenario.

Was that not in the US though? Not sure if that will affect the LSE shares?
Anyway, events are wiped out, gatherings in general where security is required not so much requires either..
Don't expect too much of a change until the European firms start hiring security to enforce social distancing, which should come after lockdown?

Morning all,
Happy to see where this goes in the next couple of years. Dipped my toe in for 2K shares, happy to hold until all this blows over! Can't be worse than my RDS shares ;)

Are you mad? ;) A lot of people losing 20% of their income is a big deal.. P&O typically a younger crowd - will have less disposable income. Cunard - typically older guests, are the at risk group.
Services when they start at the end of the year will be a very much reduced service. Countries will not want to accept cruise ships unless all risk is managed adequately. So you might see some sea day cruising and non international cruises in the beginning.
I don't think prices will rocket at all..
People may want to go on holiday but can they and will they? I think it will be sluggish for a long time. IMO

Operational pause extended for the third time until 31st July. All itineraries cancelled until September. This is the third time this has been extended by a further month and I doubt the last.

https://www.forbes.com/sites/korihale/2020/04/21/is-carnival-cruising-into-bankruptcy/

I shall be waiting to see.. I'm in no rush, best way to be

Another 6% drop and it will trigger my buy order, patience pays off sometimes, but maybe I should lower it further.. thoughts?

On average 120 tons a day consumed, but can be upto 300 tons a day. Depends how many engines online to make the next port and the speed required. Marine Gas Oil (diesel) for European waters, American waters and most ports now. Heavy Fuel Oil for most sea passages outside of those areas run through scrubbing towers to put the gunk in the water rather than in the air to make it legally compliant. The latter is like burning tarmac.
Average storage capacity on a ship is 3000 - 5000 tons. They would normally be bunkering every two weeks from a variety of suppliers. They have no storage facilities. Doubtful these savings will be filtered down anytime soon as the fuel that is around now was bought at the higher margin.. maybe later..
HFO would not lose 5% in storage, it's like treacle. Doubt diesel would either, it would have turned by then anyway...

You bought this on Thursday, RELAX!!

Potentially in 12 months

My emoji was displayed as two question marks! ;)

Shell does like LNG ??

I tried this trick with carnival, it didn't work. The buy order on open price was never triggered as it seemed to have already accounted for the rise in share price prior to opening.
But you can try it again, maybe you'll have better luck?
They do seem to follow suit, but things can also happen over the weekend...

Sold today, taking a gamble and have a new buy order in at 800. Feel there will be another dip in the near future - absolutely no reason for it, but fancied it :)

Both are relatively high prices to be comfortable. North Sea oil 60-70 US$, US fracking 55-65 US$
Not much in it really but with the dwindling supplies, and decommissioning of North sea assets and upkeep of current assets - the US will come out trump's - if that's what you mean. Middle East above $20 is survivable but not ideal