RE: Shares19 Aug 2021 09:14
Great bit of business by Carnival. Since the share purchase plan Announced on the 28th June, Carnival haves purchased over 4.2 mill shares. They will carry on buying them until the 31st Jan 2022 to a maximum of just over 18 million shares (total holding, not sure how many they already had). Not only will this make a massive reduction in their div payments (yes, when they start paying them again), as we emerge from lockdown all the cruisers sign up for the Autumn and Spring/Summer 22 cruises, share price will rocket, and when it’s hits £40 (which admittedly won’t be for a year or two), Carnival will sell them and make a killing. Alternatively we could all get put into lockdown for the next 18 months in which case we’re all screwed.