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Ignore that!!! I'm confusing it with P&O! It's been a long day 🥺
Have Cunard changed the onboard spend to dollars???!!!
I took the opportunity to get my 100 shares in NCL today for the perks. $15.91
Saying that, I've only ever been on one NCL, and no Regent or Oceania!
And all the doom and gloom doesn't look as if it's dented enthusiasm for the viking ipo
https://www.bloomberg.com/news/articles/2024-04-30/cruise-line-viking-holdings-ipo-is-said-to-fetch-1-54-billion
Yes, nice little summary here
https://www.reuters.com/business/norwegian-cruise-lifts-profit-target-robust-cruise-vacation-demand-2024-05-01/
If I can't fathom it, i always go with....More sellers than buyers. Explains it every time 😆
Some of the add ons are crazy. I was in Celebrity the other month and they turfed me off a large sun lounger on the top deck as they are now paid for! Suffice to say, they were all empty and people were sitting on the grass floor. It's making cruising less and less enjoyable.
And I see Queen Anne finally (after FIVE years?!!) being built, left Fincantieri today to head to the UK to pick up her first passengers.
That's most likely why there's volatility Bhants. The smaller the free float, the greater the volatility.
Saga buoyed by strong demand for ocean and river cruises
https://mol.im/a/13318049
33%? Now we know who has been driving the price down. 😃
I'm looking to buy 100 RCL for my onboard credit, but those buggers never fall in share price!
Agree bot
In my past life I used to have calls from the public that lost everything as they saw stocks at 1p and put their savings in as they were 'cheap'.
Although I'm active here, I never rely on comments on bulletin boards. Most people posted things to try to sway other investors to do things that assisted the poster.
At work I could literally see the postings correlating with the trade reports. Posters would then be very surprised when I obtained their details and got a phone call from me 😉
I get there is a lot of tension in the room about the impact of oil prices on their portfolios, but if people hold stocks so highly correlated to oil fluctuations you could always take a bit of a hedge with a something like a Wisdomtree long oil etf to ease the pressure? Not recommending the 3x leverage (up 44% in the past month), but just something to de-risk the portfolio a bit?
Ccl is not a market making stock. Its on the STMM Platform. Yes, market makers post quotes, but it's order driven. The price formation is down to the orders that you and I post, they are only liquidity providers. Assuming good liquidity in a stock (ie not small cap) it's very hard for brokers to influence. Especially when there is a joint listing as arbitrage kicks in.
The price may be influenced by other market players, but I doubt the market makers are doing it to any great extent.
I can only assume they don't believe the fundamentals have changed enough to issue a revision. I guess the market disagrees? It seems to be consistent with other stocks.... the new risks have not triggered a slew of earnings mark down announcements.
But it's still up 51.6% in the last 12 months. I'd happily take that each year 😉
(also still outperforming NCL over the same period)
I see we have another friend joining the party...
https://www.marketwatch.com/articles/viking-cruises-ipo-value-1aa37996?mod=mw_quote_news
Anyone taking a punt?
I note they have a bad bout of dysentery on board this one today
https://www.reuters.com/world/mauritius-stops-norwegian-cruise-ship-docking-cites-health-risk-2024-02-25/