Shari Posted June 10, 2019 Report Share Posted June 10, 2019 They have done away with the non-combinable restriction for the shareholder benefit. However, the new rules are only for bookings on or after 1 June 2019. Here is a link to the FAQ page. https://www.rclinvestor.com/faqs/shareholder-benefit/?fbclid=IwAR0SsApeIDoXrGRXoU8v7Tu-Q2mVuYDhYewkAZRVC_XF5DgJXusuXnQgoUk bcarney and twangster 2 Quote Link to comment Share on other sites More sharing options...
Clear Laker Posted June 10, 2019 Report Share Posted June 10, 2019 At 123.55 per share, 100 shares min. You are not going to buy RCL stock for the $100 discount for a 7 night cruise. But now it is at least a benefit that has some value vs. being non combinable in the past. mom2mybugs 1 Quote Link to comment Share on other sites More sharing options...
Larry Muster Posted June 12, 2019 Report Share Posted June 12, 2019 On 6/10/2019 at 3:54 PM, Clear Laker said: At 123.55 per share, 100 shares min. You are not going to buy RCL stock for the $100 discount for a 7 night cruise. But now it is at least a benefit that has some value vs. being non combinable in the past. I wouldn’t dismiss it so quickly. Most of us seem to be pretty positive about RCCL so we in general like the direction they are heading, and probably assume the stock will go up. If you put in the $12K and say you cruise 5x per year and get $500 OBC that’s a 4% return regardless of where the stock goes. I’m only in the 3x per year club but I’m going to buy enough to get me to the 100 share mark. KristiZ and JLMoran 2 Quote Link to comment Share on other sites More sharing options...
Atlantix2000 Posted June 12, 2019 Report Share Posted June 12, 2019 12 hours ago, Larry Muster said: I wouldn’t dismiss it so quickly. Most of us seem to be pretty positive about RCCL so we in general like the direction they are heading, and probably assume the stock will go up. If you put in the $12K and say you cruise 5x per year and get $500 OBC that’s a 4% return regardless of where the stock goes. I’m only in the 3x per year club but I’m going to buy enough to get me to the 100 share mark. And that's before you consider the dividend! What is it these days 2.5%? That's another ~$300 in your pocket each year to reduce the cost of your trips. Quote Link to comment Share on other sites More sharing options...
karl_nj Posted June 17, 2019 Report Share Posted June 17, 2019 On 6/11/2019 at 10:24 PM, Larry Muster said: I wouldn’t dismiss it so quickly. Most of us seem to be pretty positive about RCCL so we in general like the direction they are heading, and probably assume the stock will go up. If you put in the $12K and say you cruise 5x per year and get $500 OBC that’s a 4% return regardless of where the stock goes. I’m only in the 3x per year club but I’m going to buy enough to get me to the 100 share mark. And it's tax free, since it's a rebate and not a dividend Larry Muster 1 Quote Link to comment Share on other sites More sharing options...
Larry Muster Posted June 17, 2019 Report Share Posted June 17, 2019 2 hours ago, karl_nj said: And it's tax free, since it's a rebate and not a dividend Even better! Quote Link to comment Share on other sites More sharing options...
Nicolas LaBarre Posted June 18, 2019 Report Share Posted June 18, 2019 Can you book with Travelocity and still receive this benefit? Quote Link to comment Share on other sites More sharing options...
Matt Posted June 18, 2019 Report Share Posted June 18, 2019 1 hour ago, Nicolas LaBarre said: Can you book with Travelocity and still receive this benefit? It's irrelevant who you book with (although I don't recommend using Travelocity for booking any cruise) to get this discount. It's rarely combinable with any other discount so not worth it Quote Link to comment Share on other sites More sharing options...
Atlantix2000 Posted June 18, 2019 Report Share Posted June 18, 2019 2 hours ago, Matt said: It's rarely combinable with any other discount so not worth it I was wondering if you've seen anything from RCI about making the discount more useful. The original poster implied as much but I don't know what the language in the provided link used to say. Not that it's relevant to me yet, but I've been considering RCI the next time I have the ability to do some investing. Quote Link to comment Share on other sites More sharing options...
Galveston Steve Posted June 18, 2019 Report Share Posted June 18, 2019 I always submit the forms for the Shareholder Benefit and let them tell me yes or no. I'm batting 50% since buying RCL stock even though I expected them to say no most of the time. But this graphic shows why I really bought the stock (past performance is no guarantee of future results). Baked Alaska 1 Quote Link to comment Share on other sites More sharing options...
WAAAYTOOO Posted June 18, 2019 Report Share Posted June 18, 2019 We’ve never even tried to use our shareholders benefit b/c all of our cruises are booked using casino comps. I just assumed that they would be disqualified. Maybe we should start trying. KristiZ and F1guynz 2 Quote Link to comment Share on other sites More sharing options...
Allen2 Posted June 19, 2019 Report Share Posted June 19, 2019 Remember, too, up to $250 shipboard credit for 14 days or more! Quote Link to comment Share on other sites More sharing options...
SSMEX Posted June 19, 2019 Report Share Posted June 19, 2019 This is potentially a dumb question, but what's to stop anyone from buying the stock four weeks before the sailing date, sending in the form, then dumping the stock after the cruise? For $100 in OBC, that's a guaranteed annualized return rate of almost 10%, tax-free. Quote Link to comment Share on other sites More sharing options...
AshleyDillo Posted June 19, 2019 Report Share Posted June 19, 2019 8 hours ago, SSMEX said: This is potentially a dumb question, but what's to stop anyone from buying the stock four weeks before the sailing date, sending in the form, then dumping the stock after the cruise? For $100 in OBC, that's a guaranteed annualized return rate of almost 10%, tax-free. Pretty much nothing other than the risk of the stock price decreasing and being valued less than it was purchased for. Also there is typically a fee charged when making a transition by the broker that holds the stock for you, so you may have to pay that when you purchase and liquidate the stock. Plus Royal may not even allow the OBC redemption depending on the cruise fare booked -- there are some rates and discounts that aren't able to be combined with the stockholders OBC. There's also the opportunity cost of having ~ $12,000 tied up (current stock price as of June 18 is $122.63). If the stock happens to appreciate in those weeks that you hold it, you're also going to be taxed on the gains at the short-term capital gains tax rate. Quote Link to comment Share on other sites More sharing options...
BrianB Posted June 27, 2019 Report Share Posted June 27, 2019 Does doing away with the non-combinable restriction mean I won’t lose some of the benefit due to receiving a bonus while booking? In other words, when I book a balcony and receive a $75 bonus, my Shareholder Benefit is reduced to $25. (Total $100). My request for Shareholder Benefit has never been denied...just reduced as indicated above. Applying for it is easy...just print out the request form, fill in the info, and email the form and a copy of your current brokerage account page (black out your account number) showing 100 or more shares of Royal Caribbean stock. Just don’t procrastinate...submit it within the acceptance window. Easy peasy. Also, as mentioned above...Royal Caribbean stock pays dividends. And the cruising industry as a whole does not appear to be slowing down anytime soon. As with all such investments...risk is a factor. Happy cruising! Quote Link to comment Share on other sites More sharing options...
Carol Kemp Posted January 27, 2020 Report Share Posted January 27, 2020 We purchased 100 shares in July 2019- We had 3 cruises in 2019 where we received on board credit. As of December 31, 2019, the stock went up in value over $2000 so we feel it was a good investment. Neesa, KristiZ and bobroo 3 Quote Link to comment Share on other sites More sharing options...
Neesa Posted January 27, 2020 Report Share Posted January 27, 2020 Share prices down as RCCL is reporting earnings tomorrow.(I am hoping prices go down as I have 3 sailings within the next 2 years. ) Seems like a buying opportunity to me @Carol Kemp I look forward to your experience when we get a handle on this virus. Here's hoping we combat this quickly so we can breath a sigh of relief. Sad that a black swan event is happening but I am now going to buy, buy, buy! KristiZ 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.