Member Info for YoungRetiree

It may be the last chance, but with the only single occupancy cabin coming in a over 5000 I think it's a no from me 😆

Have fun guys, milk RCL for all it's worth 🤣

I'm putting it down to the viking results earlier this week (future cabin sales growth falling)

Cruise shares seem to have drifted since then

I guess the market is worrying that belts are being tightened

Viking taking a hammering today.

Spooked by future sales growth

https://www.investors.com/news/viking-cruises-q1-earnings-2025-vik-stock-entry-royal-caribbean-rcl-stock/

Didn't know that Bhants. Cheers

Still too much risk for me personally.

He's done tariffs. He's done pharmaceutical pricing . He's already said the cruise industry is on his list to 'fix'. I'm waiting until that's announced before dipping my toe beyond the 100 shares as knowing my luck I'd buy the day before the announcement!

Welcome back Bot!

Less that that old people chat.... Celebrity is my go to cruise operator 😆

I think sometimes it's cruises around the British Isles that can wheel out the very oldies. You should try them in Asia or South America, very different.

I did a Princess last month UK and Ireland and that too felt much more of an elderly demographic. I guess people get older they stay closer to home but never give up that cruising bug...

Also known as the bot repositioning 🤣

I'll remember that blessing when I'm picking up my new US $2000 iPhone 😉

LOL, saying that there are those in the industry saying Trump is keen for the dollar to fall 30%.

Interesting little piece I just read in the FT

Here's a snippet...

Visitors from western Europe who stayed at least one night in the US fell by 17 per cent in March from a year ago, according to the International Trade Administration.

Travel from some countries — including Ireland, Norway and Germany — fell by more than 20 per cent, an FT analysis of ITA data showed.

The trend poses a threat to the US tourism industry, which accounts for 2.5 per cent of the country’s GDP. Some airlines and hotel groups have warned of waning demand for transatlantic travel and a “bad buzz” about visiting the US.

The total number of overseas visitors travelling to the US dropped by 12 per cent year-on-year in March, the steepest decline since March 2021 when the travel sector was reeling from pandemic restrictions, according to the ITA data.

“In just two months [Trump] has destroyed the reputation of the US, shown one way by diminished travel from the EU to the US,” said Paul English, co-founder of travel website Kayak. “This is not only one more terrible blow to the US economy, it also represents reputation damage that could take generations to repair.”

Https://www.thestreet.com/travel/norwegian-cruise-line-fighting-another-cruise-tax

How any business can invest in the USA when he changes the rules daily is beyond me. Imagine committing billions of investment one day to build a factory making widgets in the US, then the next day he decides to remove widget tariffs....

Https://www.express.co.uk/travel/cruise/2040468/cruise-ships-banned-european-city

Also impacted by the falling usd vs gbp

On the plus side, should make holidays to the States a bit cheaper. I might even take a few pairs of Levi's to flog to give me a bit of extra spends whilst out there. 🤣

gbp usd has moved from 1.27 to 1.31, between liberation day and capitulation day.

I forgot to add in my previous post...

Caveat this is not a deramp.... but another thing that worried me re CCL was that I kept getting emails from various travel agents with cruise prices much less than the prices I've paid, for the same cruise/ same cabin grade.

I've got 6 cruises lined up so far this year and decided to check my bookings. ALL are being priced lower than what I paid . I've tried to get them price matched but no luck. I could cancel, lose the deposit, and rebook and still be in profit but life's too short.

I appreciate I was happy with the price at the time I booked, but it has made me grumpy.

I'm more than familiar with booking price patterns (I have done many many cruises) but find it a little worrying that they are having to lower so many cabin prices so far in advance to fill them.

Not sure if that was aimed at me Willis, but I've been a long term holder. Bought in at £7.80

I'm happy for people to ride it out, but for me there is not only market uncertainty, but stock specific uncertainty.

I still have a holding and hope it doubles in 12 months, but there are less risky places to put money until things settle.

Spot on Bot

I halved my cruise share exposure today.

Now is not a good time to be in cruise shares in my opinion. The pending unknown cruise tax worries me too much. There are safer places to put money at the moment.

Bloomberg just saying carnival down because whilst Morgan Stanley have upgraded from neutral to hold, they have also lowered their price target from 25 to 21

And up she goes in the US...

Whoosh.....

Taken from a Kit Norton (journalist) article today

S&P 500: Cruise Lines And China

Cruise lines could be hit by the ongoing trade war between President Donald Trump and China.

The U.S. Trade Representative has proposed a $1.5 million port fee on ships either operated by or built in China. The proposal includes a $1 million per U.S. port call fee on Chinese vessel operators and a $1.5 million fee per U.S. port call for Chinese-built vessels. The U.S. Trade Representative is also suggesting a vessel operator service fee, regardless of their nationality or vessel flag, with vessels on order from Chinese shipyards.

Currently, S&P 500 component Carnival appears to be the only cruise line that has China-made ships in its catalog. Carnival has part-ownership of the first cruise ship constructed in a China shipyard, via a joint venture. The ship, the Adora Magic City, first set sail on Jan. 1, 2024.

China is currently working on the construction of its second large cruise ship. The Adora Cruises, a Chinese company controlled with Carnival as a minority investor, is building the China-made ships.