princevaliantus Posted July 15, 2020 Report Share Posted July 15, 2020 https://www.bnnbloomberg.ca/domestic-cruises-unlikely-to-resume-this-year-analysts-say-1.1465141?fbclid=IwAR3nvpnwJRjgoh8ikNy7nApprZUt8IcGXrv-WFu9sNFLh_n78hAFOu_KUo0 CruisingKitty, TempoGL, Katy H and 3 others 2 4 Quote Link to comment Share on other sites More sharing options...
SpeedNoodles Posted July 15, 2020 Report Share Posted July 15, 2020 2nd quarter of next year? Ugh, so much for Empress YOLO 1 Quote Link to comment Share on other sites More sharing options...
coneyraven Posted July 15, 2020 Report Share Posted July 15, 2020 16 minutes ago, SpeedNoodles said: 2nd quarter of next year? Ugh, so much for Empress Grandeur may not have a last cruise out of Baltimore in this case Boston Babe, YOLO and SpeedNoodles 1 2 Quote Link to comment Share on other sites More sharing options...
TempoGL Posted July 15, 2020 Report Share Posted July 15, 2020 The tone of the cruise industry is very interesting to me. It seems to me that "woe is me" is the mantra. Unfortunately, there are good reasons why cruises cannot operate now and probably will not operate for at least several more months. That seems to fall on deaf ears in some circles. Scholes makes the claim that the “The executive office wants to avoid anything that could raise Covid case numbers ahead of the November election.” That would make sense on it's surface, but at the same time, there is a massive push from the Trump administration to have schools in regular session, which would cause an even more dramatic rise in COVID numbers. That pretty much decimates Scholes' premise that the cruise lines are being used as a political chess piece. I do think the observation that they are not American companies and therefore not a priority for assistance is accurate, though. But on that note, the cruise companies have avoided paying hundreds of millions, if not billions of dollars in taxes and additional salaries that they would have had to pay as American companies over the years. You can't have it both ways. GrandmaAirplane 1 Quote Link to comment Share on other sites More sharing options...
YOLO Posted July 15, 2020 Report Share Posted July 15, 2020 Sadly, I agree... Quote Link to comment Share on other sites More sharing options...
princevaliantus Posted July 15, 2020 Author Report Share Posted July 15, 2020 7 minutes ago, TempoGL said: The tone of the cruise industry is very interesting to me. It seems to me that "woe is me" is the mantra. Unfortunately, there are good reasons why cruises cannot operate now and probably will not operate for at least several more months. That seems to fall on deaf ears in some circles. Scholes makes the claim that the “The executive office wants to avoid anything that could raise Covid case numbers ahead of the November election.” That would make sense on it's surface, but at the same time, there is a massive push from the Trump administration to have schools in regular session, which would cause an even more dramatic rise in COVID numbers. That pretty much decimates Scholes' premise that the cruise lines are being used as a political chess piece. I do think the observation that they are not American companies and therefore not a priority for assistance is accurate, though. But on that note, the cruise companies have avoided paying hundreds of millions, if not billions of dollars in taxes and additional salaries that they would have had to pay as American companies over the years. You can't have it both ways. Piishaa!! Maybe in the U.S. of A., but over in Europe SeaDream and Hurtigruten have already begun sailing and have reported no issues as of yet (knock on wood). Jjohnb and Lucky in Love 1 1 Quote Link to comment Share on other sites More sharing options...
TempoGL Posted July 15, 2020 Report Share Posted July 15, 2020 1 minute ago, princevaliantus said: Piishaa!! Maybe in the U.S. of A., but over in Europe SeaDream and Hurtigruten have already begun sailing. Very fair. I was referring only to the United States and should have clarified that. I guess I thought it was implied because I was talking about the upcoming presidential election. CruisingKitty 1 Quote Link to comment Share on other sites More sharing options...
Mike Stephens Posted July 15, 2020 Report Share Posted July 15, 2020 C'mon, November 10th is a ways out, let Grandeur sail damnit!!!! 3 lost cruises this year, this really gives me the Red Ass princevaliantus, lovecruising!!!, YOLO and 1 other 2 2 Quote Link to comment Share on other sites More sharing options...
ehw51 Posted July 15, 2020 Report Share Posted July 15, 2020 DEPRESSING Cile, YOLO, Mrs. Thomas and 1 other 4 Quote Link to comment Share on other sites More sharing options...
Ogilthorpe Posted July 15, 2020 Report Share Posted July 15, 2020 Yet RCL stock is up 21.2% today Could the 'experts' be wrong? Embracing the optimism ... for now YOLO, Ampurp85, Mrs. Thomas and 4 others 7 Quote Link to comment Share on other sites More sharing options...
Oliver Posted July 15, 2020 Report Share Posted July 15, 2020 I’ve always believed that this will be the case. YOLO and CruisingKitty 2 Quote Link to comment Share on other sites More sharing options...
SpeedNoodles Posted July 15, 2020 Report Share Posted July 15, 2020 35 minutes ago, Ogilthorpe said: Yet RCL stock is up 21.2% today Could the 'experts' be wrong? Embracing the optimism ... for now I heard that stocks in general were up today due to good news from Moderna (vaccine testing). But I only know what I heard ... I actually know nothing, lol. SteveinSC, YOLO, ehw51 and 4 others 2 5 Quote Link to comment Share on other sites More sharing options...
twangster Posted July 15, 2020 Report Share Posted July 15, 2020 41 minutes ago, Ogilthorpe said: Yet RCL stock is up 21.2% today Could the 'experts' be wrong? Embracing the optimism ... for now Just like the weather on a Caribbean island. If you don't like it, just wait, it's gonna change. RCL stock isn't finished with the roller coaster ride. On many roller coasters the wild and fast ride down and into a curve is always preceded by a climb to a peak. lovecruising!!!, ehw51, YOLO and 2 others 5 Quote Link to comment Share on other sites More sharing options...
cruisellama Posted July 15, 2020 Report Share Posted July 15, 2020 noooo Quote Link to comment Share on other sites More sharing options...
Ampurp85 Posted July 15, 2020 Report Share Posted July 15, 2020 This is a sort of bias article, so I choose not to trust this opinion. YOLO, lovecruising!!!, Katy H and 6 others 8 1 Quote Link to comment Share on other sites More sharing options...
USFFrank Posted July 15, 2020 Report Share Posted July 15, 2020 3 minutes ago, Ampurp85 said: This is a sort of bias article, so I choose not to trust this opinion. I'm so tired of these negative articles put out just so people click on them. Everybody's an expert, including me. Starting this December I have 4 cruises reserved thru April, 2022 and you know what? IMHO I'm going on them, nuff said. Baked Alaska, Katy H, Ogilthorpe and 6 others 4 5 Quote Link to comment Share on other sites More sharing options...
JimnKathy Posted July 16, 2020 Report Share Posted July 16, 2020 3 hours ago, SpeedNoodles said: I heard that stocks in general were up today due to good news from Moderna (vaccine testing). But I only know what I heard ... I actually know nothing, lol. Any positive news that potentially speeds up a vaccine deployment will make the airline, cruise and hotel stocks soar. Bean79, PattiHere and YOLO 3 Quote Link to comment Share on other sites More sharing options...
mattymay Posted July 16, 2020 Report Share Posted July 16, 2020 It's really going to depend on the region and what restrictions governments put in place. You guys have 3.5 million cases and can go to Disneyland. We have 10,000 and can't leave the house! Ogilthorpe, JLMoran, YOLO and 3 others 1 4 1 Quote Link to comment Share on other sites More sharing options...
Marlena Posted July 16, 2020 Report Share Posted July 16, 2020 I'm still hoping for my dec cruise. And will only believe anything when there is a final decision. Lucky in Love, USFFrank, YOLO and 1 other 2 2 Quote Link to comment Share on other sites More sharing options...
Jjohnb Posted July 16, 2020 Report Share Posted July 16, 2020 Take the investment firm analyst opinions with a grain of salt. From having dealt with them first hand, some/many of them (like any profession) don't know half as much as they think they do and in many cases, no more than the rest of us should you choose to do your due diligence. YOLO, USFFrank and PattiHere 3 Quote Link to comment Share on other sites More sharing options...
monctonguy Posted July 21, 2020 Report Share Posted July 21, 2020 On 7/16/2020 at 3:38 PM, Jjohnb said: Take the investment firm analyst opinions with a grain of salt. From having dealt with them first hand, some/many of them (like any profession) don't know half as much as they think they do and in many cases, no more than the rest of us should you choose to do your due diligence. Its not that far of a stretch...I am not an investment advisor...but with the little knowledge I do have of what's going on, its not hard to say cruising wont resume this year....with the spike in cases in the Florida area(among others)....we are probably at least 4-8 weeks to get it back under control...and then they wont just open it all up....and then once they give the go ahead..I am guessing its a few weeks to get crew and everything back and up and running(remember, things don't instantly go back to normal at some point)…... So yeah, almost August.....cases go down by late October…..keep it under control..get staff back and ships running again...not hard to see that being pushed to 2021 quite easily. TempoGL and YOLO 2 Quote Link to comment Share on other sites More sharing options...
twangster Posted July 21, 2020 Report Share Posted July 21, 2020 8 minutes ago, monctonguy said: Its not that far of a stretch...I am not an investment advisor...but with the little knowledge I do have of what's going on, its not hard to say cruising wont resume this year....with the spike in cases in the Florida area(among others)....we are probably at least 4-8 weeks to get it back under control...and then they wont just open it all up....and then once they give the go ahead..I am guessing its a few weeks to get crew and everything back and up and running(remember, things don't instantly go back to normal at some point)…... So yeah, almost August.....cases go down by late October…..keep it under control..get staff back and ships running again...not hard to see that being pushed to 2021 quite easily. Agreed. On the news last night the outlook for a vaccine is promising but estimated to be widely available "in the spring". If that proves to hold true a mid-2021 restart seems likely. SpeedNoodles and monctonguy 2 Quote Link to comment Share on other sites More sharing options...
TempoGL Posted July 21, 2020 Report Share Posted July 21, 2020 1 hour ago, monctonguy said: Its not that far of a stretch...I am not an investment advisor...but with the little knowledge I do have of what's going on, its not hard to say cruising wont resume this year....with the spike in cases in the Florida area(among others)....we are probably at least 4-8 weeks to get it back under control...and then they wont just open it all up....and then once they give the go ahead..I am guessing its a few weeks to get crew and everything back and up and running(remember, things don't instantly go back to normal at some point)…... So yeah, almost August.....cases go down by late October…..keep it under control..get staff back and ships running again...not hard to see that being pushed to 2021 quite easily. And that is assuming that Florida actually does start to get the cases under control. That seems far from a guarantee! Waiting until 2021 seems almost a given at this point. I am debating when to pull the trigger on buying Royal Caribbean stock... Quote Link to comment Share on other sites More sharing options...
YOLO Posted July 21, 2020 Report Share Posted July 21, 2020 2 hours ago, monctonguy said: So yeah, almost August.....cases go down by late October…..keep it under control..get staff back and ships running again...not hard to see that being pushed to 2021 quite easily. Agree... Quote Link to comment Share on other sites More sharing options...
princevaliantus Posted July 21, 2020 Author Report Share Posted July 21, 2020 28 minutes ago, TempoGL said: And that is assuming that Florida actually does start to get the cases under control. That seems far from a guarantee! Waiting until 2021 seems almost a given at this point. I am debating when to pull the trigger on buying Royal Caribbean stock... Well, we don't need Florida open in order to cruise. RCCL and others can leave out of New York or New Jersey since the numbers in these states are low. Can you hear this suggestion RCCL???? ehw51 and Ogilthorpe 2 Quote Link to comment Share on other sites More sharing options...
bobroo Posted July 21, 2020 Report Share Posted July 21, 2020 My question is, being beyond confident there will be no sailings this year: do I greatly increase my cabin categories on 2020 cruises in order to receive an inflated 25% part of the FCC??? If so, is this a company I want to front money to? Will there even be a Royal Caribbean in 2021/2022??? This strangely feels familiar, like I am over-served in Casino Royale and trying to make financial decisions past midnight. Quote Link to comment Share on other sites More sharing options...
twangster Posted July 21, 2020 Report Share Posted July 21, 2020 23 minutes ago, bobroo said: If so, is this a company I want to front money to? Will there even be a Royal Caribbean in 2021/2022??? Across 19 financial analysts looking at the stock the breakdown is 42% buy, 47% hold and only 11% say sell. At the moment it appears to be safe. WAAAYTOOO, ehw51 and Ogilthorpe 3 Quote Link to comment Share on other sites More sharing options...
princevaliantus Posted July 21, 2020 Author Report Share Posted July 21, 2020 38 minutes ago, bobroo said: My question is, being beyond confident there will be no sailings this year: do I greatly increase my cabin categories on 2020 cruises in order to receive an inflated 25% part of the FCC??? If so, is this a company I want to front money to? Will there even be a Royal Caribbean in 2021/2022??? This strangely feels familiar, like I am over-served in Casino Royale and trying to make financial decisions past midnight. PurdueFlyer, ehw51 and Ogilthorpe 3 Quote Link to comment Share on other sites More sharing options...
r33796 Posted July 23, 2020 Report Share Posted July 23, 2020 On 7/21/2020 at 11:13 AM, bobroo said: My question is, being beyond confident there will be no sailings this year: do I greatly increase my cabin categories on 2020 cruises in order to receive an inflated 25% part of the FCC??? If so, is this a company I want to front money to? Will there even be a Royal Caribbean in 2021/2022??? This strangely feels familiar, like I am over-served in Casino Royale and trying to make financial decisions past midnight. Quote Link to comment Share on other sites More sharing options...
r33796 Posted July 23, 2020 Report Share Posted July 23, 2020 I will be doing exactly that a 25% return on $ is as good an investment on anything for such a short period of time and the $ is going there anyway! WAAAYTOOO 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.