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RCL Share Price (not stock advice)


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I'm very pleased with my recent gains on RCL - I dumped a bunch of turds I had been holding onto that weren't moving and decided to put faith in RCL.

Bought on Jul 18 @ $35.49 and as of today, I'm up over 40%.  I would have liked to have invested more but cash on hand was tight with all the recent bookings made 😄

I'm very pleased but I'm also a little sad because I missed on the chance to buy more, especially to get to the 100 shares needed to get the OBC.

Long term holders are still down but it looks positive provided travel continues to stay on track and doesn't have any more interference due to pandemic concerns.

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There will likely be ups and downs over the next two years, but I believe cruising is here to stay.  The issue with the cruise industry has been profitability - the servicing of debt at higher interest rates limits the net earnings of any cruise line. (Now it's about reducing net loss.)   We have more cruises booked and believe others will do the same, at least in our age group.

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  • dmattinson changed the title to RCL Share Price (not stock advice)

I bought a hundred shares this summer when it was 32.   It is at $50.72 today.

I also bought 100 shares of Carnival @ 9.37 at the same time because we may go back on Princess once in awhile or maybe Cunard or Holland America. You get the same benefit as RCL.  Carnival is at 10.74 but it's bound to jump up higher. It was at 27 a year ago.

Just been looking at NCL as well. We started cruising on NCL back in the day. Have 4 cruises with them including two in Hawaii, the last one in 2018.    It'll take us forever to get to diamond + on RCL so we were thinking of trying NCL again depending on ship, itinerary and price.  NCL stock was at 59 in Dec 2019 before covid, currently at 15.09. It's bound to go back up.

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46 minutes ago, JimnKathy said:

We receive more bonus dollars with our Costco Visa than the Royal branded credit card...no need to own the stock from our perspective.

A little confused here, post is about Royal Caribbean stock shares not credit card reward points. Granted BOA Visa card isn't great.

I purchased 100 shares at $22 a share. Have used the shareholder credit 4 times this year and have 6 more cruises booked. At some point The OBC will exceed

my purchase price. I have my fingers crossed that cruising will continue to rebound and RCG share price will increase. Timing is everything.

 

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On 9/19/2022 at 2:32 PM, mac66 said:

I also bought 100 shares of Carnival @ 9.37 at the same time because we may go back on Princess once in awhile or maybe Cunard or Holland America. You get the same benefit as RCL.  Carnival is at 10.74 but it's bound to jump up higher. It was at 27 a year ago.

I was watching CCL and when it dropped down into the $8.80s, I picked up a small position.  We'll see what Friday's news brings.  Might set a trailing stop loss on it to see what happens.

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On 10/4/2022 at 8:20 AM, mac66 said:

Carnival dropped to $7.33 share on Friday. Maybe now is the time to get your 100 shares. Just need 10 Carnival/Princess/Holland America cruises to break even.

It actually dropped to $6.58 🙃

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I bought RCL stock back in the spring when it was around $33. I am very happy with the stock performance plus I was able to take advantage of the OBC.  I am now considering CCL - not to go cruising with them but because the price is insanely LOW.  But I am hesitate because RCL seems to be going up with CCL is going down. 

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On 10/10/2022 at 4:36 PM, FireFishII said:

I bought RCL stock back in the spring when it was around $33. I am very happy with the stock performance plus I was able to take advantage of the OBC.  I am now considering CCL - not to go cruising with them but because the price is insanely LOW.  But I am hesitate because RCL seems to be going up with CCL is going down. 

Well, the key is to buy low, sell high but I think the key to buying cruise line stock at such low prices is to off set the price so you at least break even some day.  We probably won't sail Carnival again but may give Princess, Holland America or Cunnard a try in the future. That's the only reason I bought CCL stock.

On the other hand CCL & RCL is in pretty deep debt i.e, billions of dollars. Making 100s of millions doesn't even pay the interest so what's next? Bankruptcy?  Is this billion dollar industry too big to let fail? Bailout by the govt?  It's a risk and only time will tell.

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1 hour ago, mac66 said:

Well, the key is to buy low, sell high but I think the key to buying cruise line stock at such low prices is to off set the price so you at least break even some day.  We probably won't sail Carnival again but may give Princess, Holland America or Cunnard a try in the future. That's the only reason I bought CCL stock.

On the other hand CCL & RCL is in pretty deep debt i.e, billions of dollars. Making 100s of millions doesn't even pay the interest so what's next? Bankruptcy?  Is this billion dollar industry too big to let fail? Bailout by the govt?  It's a risk and only time will tell.

I look at these as long-term holds.  

The cruise lines may be deep into debt but they have interesting ways of restructuring the debt by borrowing to pay off the current due notes.  As the cruise lines continue to go out with full ships and fares stay high, they will start to see better returns.  The investment into the refurbishment of old ships and the building of new ones surely doesn't help but as new ships come online, if the older ships are no longer fitting into the plans of the company, they can sell them off to smaller operators to recoup some money, transfer them to one of their other divisions, or sell for scrap.   But government bail-outs won't happen for US companies operating foreign flagged vessels.

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Cruise line stocks jumped up today. CCL was up 10%. RCL was up 5.4%, NCCL up 6.7.    So I guess, like most other stocks, be in it for the long run.  As I said before cruise lines may be too big to fail.  Even so, I'm concerned about the massive debt they are in. 

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Carnival jumped because they entered into an agreement to issue bonds to pay down their debt (by putting up 12 ships as collateral BTW).  The market liked it as it pretty much avoids bankruptcy at this point and it took the other cruise stocks with it. 

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