WackyCactus Posted March 5, 2020 Report Share Posted March 5, 2020 I know some people will know this, but if you have 100 shares of Royal Caribbean stock you get onboard credit for free. For instance, having 100 shares of stock, on my upcoming 7 day cruise I'll get $100.00 in onboard credit. Just thought I'd throw that tidbit out there since the stock price is way down. Plus you'll get an annual dividend of about $300.00 to buy more stock or use on something else. Chadster, Neesa and DLXLDY 3 Quote Link to comment Share on other sites More sharing options...
Chadster Posted March 5, 2020 Report Share Posted March 5, 2020 This includes cruises on any RCCL subsidiary as well, correct? Quote Link to comment Share on other sites More sharing options...
koontm Posted March 5, 2020 Report Share Posted March 5, 2020 How and when do you claim this credit? I have a cruise coming up and own stock and had no idea Quote Link to comment Share on other sites More sharing options...
fonemanbob Posted March 5, 2020 Report Share Posted March 5, 2020 Now`s the time to buy cruise line stocks as they have been taking a beating. Neesa 1 Quote Link to comment Share on other sites More sharing options...
WAAAYTOOO Posted March 5, 2020 Report Share Posted March 5, 2020 The RCCL stock OBC is not always applicable and often difficult to apply. Be very careful purchasing stock for the purpose of getting OBC. ellcee, sk8erguy1978, Baked Alaska and 8 others 10 1 Quote Link to comment Share on other sites More sharing options...
steverk Posted March 5, 2020 Report Share Posted March 5, 2020 It covers royal Caribbean, celebrity and azamara. Not sure about the other, lesser known subsidiaries. Google royal Caribbean shareholder benefit. The web page will give you 3 different options for submitting the request. I recommend email method. Good luck! Quote Link to comment Share on other sites More sharing options...
WackyCactus Posted March 5, 2020 Author Report Share Posted March 5, 2020 Sorry. I should have provided the FAQ page. You can register for the credit here too. https://www.rclinvestor.com/faqs/shareholder-benefit/ I know Carnival does this too so I feel it's pretty common. But I'll not mention Carnival anymore... KristiZ and Neesa 2 Quote Link to comment Share on other sites More sharing options...
Meridian Posted March 5, 2020 Report Share Posted March 5, 2020 100 shares would cost around 8k at the current price. With the share price plummeting by the day and why would it stop now.. you could lose a lot more than the hundred dollar credit very fast. Better to wait till it bottoms out. I could see it halving again easily as it's already dropped 40 a share in the last month. I wouldn't count on any dividends for a fair while either. Nice point out for the future thou. shaydav19 and Baked Alaska 2 Quote Link to comment Share on other sites More sharing options...
WackyCactus Posted March 5, 2020 Author Report Share Posted March 5, 2020 While it is true that the current rate of shares would be about 8k for a hundred. It's possible that it will drop some more, but I doubt it will go half of 80 since their valuation is upwards of 115 to 120 a share. I'm no expert when it comes to stocks by any means. As for dividends they are issuing a dividend tomorrow. It will be $0.78 per share. I think last years was $0.79 per share, and if it's only dropped a penny per share due to this scare, I'm ok with that hehe. Neesa 1 Quote Link to comment Share on other sites More sharing options...
Meridian Posted March 5, 2020 Report Share Posted March 5, 2020 The dividend will be based on last years profit which was not affected. Next years will almost certainly be a big loss so maybe no dividend at all. Who knows the future but with shares the traders always warn to never try to catch a falling knife and that knife is still falling. Neesa and bobroo 2 Quote Link to comment Share on other sites More sharing options...
sk8erguy1978 Posted March 5, 2020 Report Share Posted March 5, 2020 (edited) 9 hours ago, WAAAYTOOO said: The RCCL stock OBC is not always applicable and often difficult to apply. Be very careful purchasing stock for the purpose of getting OBC. This. Do your homework, listen to earning calls, etc, etc. Buy because you feel it's a good investment and fits into your portfolio. $8,000 in a modest 2% savings or CD should net you $160 in a year. That seems like a better way to earn $100 from $8,000. Edited March 5, 2020 by sk8erguy1978 Clarify Neesa, JLMoran, Meridian and 1 other 2 2 Quote Link to comment Share on other sites More sharing options...
lovecruising!!! Posted March 5, 2020 Report Share Posted March 5, 2020 11 hours ago, WAAAYTOOO said: The RCCL stock OBC is not always applicable and often difficult to apply. Be very careful purchasing stock for the purpose of getting OBC. Thanks for your insights WaaayToo ! Neesa 1 Quote Link to comment Share on other sites More sharing options...
JimnKathy Posted March 5, 2020 Report Share Posted March 5, 2020 It's a good benefit unless you qualify for the Interline discount (wife is employed by FedEx), the extra onboard credit isn't available. Quote Link to comment Share on other sites More sharing options...
DaiC01 Posted March 5, 2020 Report Share Posted March 5, 2020 I can see most cruise lines doing a share issue {generate some cash to cover lost income} when this all dies down which will probably drive down the share value further in the short term. Meridian 1 Quote Link to comment Share on other sites More sharing options...
Meridian Posted March 6, 2020 Report Share Posted March 6, 2020 On 3/5/2020 at 6:21 PM, WackyCactus said: While it is true that the current rate of shares would be about 8k for a hundred. It's possible that it will drop some more, but I doubt it will go half of 80 since their valuation is upwards of 115 to 120 a share. I'm no expert when it comes to stocks by any means. As for dividends they are issuing a dividend tomorrow. It will be $0.78 per share. I think last years was $0.79 per share, and if it's only dropped a penny per share due to this scare, I'm ok with that hehe. $63 now. A couple of days later. I think my $40 prediction is looking optimistic. The trading site forums are predicting more like $20. If anyone owns these shares for cruise credit reasons etc. I would seriously look at selling and buying back in the future. Forget about dividends as someone else said most likely it will need to be capital raising. Baked Alaska 1 Quote Link to comment Share on other sites More sharing options...
Neesa Posted March 7, 2020 Report Share Posted March 7, 2020 @Meridian OR another way to be optimistic with your RCCL investment; How about this? If the stock price goes lower just purchase more shares at the lower price and greatly lower your unit cost. When the stock recovers and it will, just sell those higher shares if you care to, the whole time collecting the dividend while maintaining your ability to use the little OBC too. *Just remember you only lose money if you panic and sell, because any losses in your position are unrealized.....until you sell. sk8erguy1978 and Baked Alaska 2 Quote Link to comment Share on other sites More sharing options...
Meridian Posted March 7, 2020 Report Share Posted March 7, 2020 32 minutes ago, Neesa said: @Meridian OR another way to be optimistic with your RCCL investment; How about this? If the stock price goes lower just purchase more shares at the lower price and greatly lower your unit cost. When the stock recovers and it will, just sell those higher shares if you care to, the whole time collecting the dividend while maintaining your ability to use the little OBC too. *Just remember you only lose money if you panic and sell, because any losses in your position are unrealized.....until you sell. That is called averaging down. Good luck. It can work as long as you have enough money and guts to keep pouring in more until the bottom. Each time the amount to get the average up gets bigger and bigger as it drops.. there are plenty of articles on people can find out there on how to do it. You are right thou if you have a long term view it can recover so no harm... but then having money locked into something for a long time hoping it will recover to break even with likely no dividends and possible dilution doesn't sound like a great investment. I really feel for RCI. They seem like a great company and I'm happy to support them with lots of business in the future. But not sure investing in them right now is a great idea especially not for a cruise credit. Quote Link to comment Share on other sites More sharing options...
Neesa Posted March 7, 2020 Report Share Posted March 7, 2020 I like the RCCL business model, and do invest for long term, I'm not a trader. The balance sheet is strong, and yes I believe in the investment, don't do it for the measly OBC. I appreciate your input though, but JP Morgan analyst today Joseph Greff stated he believes RCCL was best positioned to weather this storm, thus best positioned to out perform coming out on the other side. I'm going with my gut here as even he says they don't see liquidity being a major risk. He rates the stock as overweight with a price target of $155.00 , this on Market watch today. Simply put I believe in the product and can't sail enough! Have a great one! Zambia-Zaire, Baked Alaska and sk8erguy1978 1 2 Quote Link to comment Share on other sites More sharing options...
Baked Alaska Posted March 7, 2020 Report Share Posted March 7, 2020 51 minutes ago, Neesa said: I like the RCCL business model, and do invest for long term, I'm not a trader. The balance sheet is strong, and yes I believe in the investment, don't do it for the measly OBC. I appreciate your input though, but JP Morgan analyst today Joseph Greff stated he believes RCCL was best positioned to weather this storm, thus best positioned to out perform coming out on the other side. I'm going with my gut here as even he says they don't see liquidity being a major risk. He rates the stock as overweight with a price target of $155.00 , this on Market watch today. Simply put I believe in the product and can't sail enough! Have a great one! +1. . . heck +100! Neesa 1 Quote Link to comment Share on other sites More sharing options...
sk8erguy1978 Posted March 7, 2020 Report Share Posted March 7, 2020 12 hours ago, Neesa said: I like the RCCL business model, and do invest for long term, I'm not a trader. The balance sheet is strong, and yes I believe in the investment, don't do it for the measly OBC. +1. Couldn't agree more, buy because you believe in the company. Buy as many shares as you can afford, don't think 100 shares is the minimum... 1 is the minimum! Chadster 1 Quote Link to comment Share on other sites More sharing options...
Baked Alaska Posted March 7, 2020 Report Share Posted March 7, 2020 Here is an interesting graphic from an email I received today from my wealth advisor (Motley Fool Wealth Management): YOLO and Neesa 2 Quote Link to comment Share on other sites More sharing options...
FManke Posted March 7, 2020 Report Share Posted March 7, 2020 2 minutes ago, Baked Alaska said: Here is an interesting graphic from an email I received today from my wealth advisor (Motley Fool Wealth Management): HMMM? Quote Link to comment Share on other sites More sharing options...
Baked Alaska Posted March 7, 2020 Report Share Posted March 7, 2020 Like the cruise planner, invest based on what you DO know and invest when you are comfortable with the price. Don't jump ship in a storm, hold on, calmer seas always ahead. sk8erguy1978, Neesa and Chadster 1 2 Quote Link to comment Share on other sites More sharing options...
danv3 Posted March 7, 2020 Report Share Posted March 7, 2020 Personally I’m planning some tax loss harvesting with my RCL. I got in very near the peak. Oops! JimnKathy, Neesa, YOLO and 1 other 2 2 Quote Link to comment Share on other sites More sharing options...
YOLO Posted March 7, 2020 Report Share Posted March 7, 2020 27 minutes ago, danv3 said: Personally I’m planning some tax loss harvesting with my RCL. I got in very near the peak. Oops! Ouch, sorry to hear that... Quote Link to comment Share on other sites More sharing options...
JimnKathy Posted March 7, 2020 Report Share Posted March 7, 2020 30 minutes ago, danv3 said: Personally I’m planning some tax loss harvesting with my RCL. I got in very near the peak. Oops! You can sell it in a cash account to harvest the tax loss and buy it back in a retirement account to capitalize on the lower share price...talk to your tax advisor about this strategy. Baked Alaska 1 Quote Link to comment Share on other sites More sharing options...
Baked Alaska Posted March 7, 2020 Report Share Posted March 7, 2020 1 hour ago, JimnKathy said: You can sell it in a cash account to harvest the tax loss and buy it back in a retirement account to capitalize on the lower share price...talk to your tax advisor about this strategy. Even if you plan to put it into an IRA for example, I THINK you need to wait 30 or 31 days to avoid the "wash sale," otherwise you may not see any tax loss harvesting benefits. "Talk to your tax advisor" is a great idea. Neesa, KristiZ and JimnKathy 3 Quote Link to comment Share on other sites More sharing options...
JimnKathy Posted March 7, 2020 Report Share Posted March 7, 2020 1 hour ago, Baked Alaska said: Even if you plan to put it into an IRA for example, I THINK you need to wait 30 or 31 days to avoid the "wash sale," otherwise you may not see any tax loss harvesting benefits. "Talk to your tax advisor" is a great idea. You are correct...thank you. The IRS ruled back in 2008 that the wash rules apply in a tax-deferred account such as an IRA, too. Quote Link to comment Share on other sites More sharing options...
danv3 Posted March 9, 2020 Report Share Posted March 9, 2020 Down 25% today! Quote Link to comment Share on other sites More sharing options...
haf Posted March 9, 2020 Report Share Posted March 9, 2020 Closing today at 48.27$, it is more than likely that it will hit 30$ by the end of the week. Great bargain for such a strong company. KristiZ 1 Quote Link to comment Share on other sites More sharing options...
Meridian Posted March 9, 2020 Report Share Posted March 9, 2020 2 hours ago, haf said: Closing today at 48.27$, it is more than likely that it will hit 30$ by the end of the week. Great bargain for such a strong company. Yes, my previous prediction of $20 or maybe even lower stands. RCI hasn't really had anything specific towards them as yet IE a princess style death ship or big Caribbean cancellations, Europe cancellations haven't happened yet as its a bit early - so there is likely a few more hits to come much more specific to RCI. Really sad for the company - but great buying once it bottoms out, and they will of course come back over time so with some dividends and cruise credits could be a nice little investment. Just not today. Quote Link to comment Share on other sites More sharing options...
KenCP Posted March 10, 2020 Report Share Posted March 10, 2020 This time last year the stock was trading over $120. Maybe instead of getting future cruise credit they should offer us stock now instead. sk8erguy1978 and Mikeb1892 1 1 Quote Link to comment Share on other sites More sharing options...
danv3 Posted March 10, 2020 Report Share Posted March 10, 2020 5 hours ago, haf said: Closing today at 48.27$, it is more than likely that it will hit 30$ by the end of the week. Great bargain for such a strong company. Not sure how strong of a company it will be on the other side of this. I think cruising is going to take a real black eye here. Cruise fans like the people who post on this website will still cruise, but first time cruisers might be hesitant for a while, and RCL has a lot of capacity to fill. I can’t count the number of times I’ve heard the phrase “floating Petri dish” in the past couple of weeks. Whether that’s deserved or not, it’s the impression a lot of people have. WAAAYTOOO 1 Quote Link to comment Share on other sites More sharing options...
haf Posted March 10, 2020 Report Share Posted March 10, 2020 1 hour ago, danv3 said: Not sure how strong of a company it will be on the other side of this. I think cruising is going to take a real black eye here. Cruise fans like the people who post on this website will still cruise, but first time cruisers might be hesitant for a while, and RCL has a lot of capacity to fill. I can’t count the number of times I’ve heard the phrase “floating Petri dish” in the past couple of weeks. Whether that’s deserved or not, it’s the impression a lot of people have. I still have in mind the Costa concordia disaster and how it changed the cruise industry. Now, that being said, I don't think any of the big cruise companies will come unscathed from this bad turn of events. Clear skies always come after some rain and for those that have some disposable income, I am sure this could be an opportunity for some wise investments. Neesa and Baked Alaska 2 Quote Link to comment Share on other sites More sharing options...
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