RE: Spike20 Mar 2020 09:49
Longterview24, a de-ramper if ever I've seen one.
I posted the below last night. Look at the share price this morning. Now, who was right?
Yes, they must (like everyone else) navigate choppy waters and earnings will be hit hard. But this is temporary and demand for cruises will roar back later this year. Liquidity isn't a problem as federal funds/grants will be available, particularly to the leisure and hospitality industry.
In normal times, Carnival is a profitable company and top of it's game. No structural problems just a short term "shock" that it will ride out and survive.
Screaming buy.