Dillistone Group – interims… & what about the previously “increasingly confident… will be transformational”?...
James Benamor, the Amigo loan shark explains why her is like Meghan Markle and why his business is toast
Supply@ME Capital – too many of its supporters live in a new media sewer & a question for Clem Chambers
So far in 2020 I have made a few mistakes, made a few cracking calls and thanks to a persistently healthy gold position, have not completely embarrassed myself. Naturally I should have held zero stocks up until the 20th March and then purchased a range of near-bankrupt names equivalent to 100% of my cash balance at that point...but I am not a genius Robinhood trader. As discussed back on 20th March there was little choice but to eat humble pie on Carnival (CCL) but my ultimate conclusion was my investment 'can stay as a lesson'.
I talked about the ongoing 'company playbook on Covid-19' earlier in the week and the steady stream of updates about uncertainty and credit lines continue apace in today's regulatory news disclosures. It is all about resilience and persistence and - to put it horribly bluntly - survival for corporate names. Those who exhibit such traits will have higher market shares in a couple of years time (on the assumption of a return to normality naturally)…
I read a good bit of investment advice the other day - yes, despite almost a quarter of a century as some kind of professional investor I am still learning. It noted that 'if you're a very rare trader with edge, you'll act according to your strategy...if you're one of the majority of traders with no edge, this volatility may be revealing'. Goodness I wish I had exhibited sufficient knowledge and accrued insight to have written that. It is very true in my opinion.
Remember when I wrote back in December about cruise holidays (and with particular reference to Carnival (CCL) that 'naturally you will never get me to go on one as spending seven or ten days on a big tub, having to be polite to the same group of people at every meal, whilst simultaneously eating far too much sounds like some kind of personal hell'? Clearly I forgot the propensity for such boats to be disease havens too, as recent news events have shown.
It is more than three-and-a-half years since anybody on this website wrote about Carnival (CCL) which surprises me as it plays into quite a few seemingly attractive investment themes around leisure, demographics and even emerging market growth. Yes, cruise companies are now fitted out ships with just the Chinese market in mind. Keep that red flag cruising and all that.
Hello Share Turners. It’s Carnival (CCL) time again. I’ve commended to you before the biggest leisure cruise company in the world. Let me update that view. Carnival is the face of British capitalism that launched 100 ships. That’s enough for 212,000 berths, or sleeping places as we non-nautical types like to say. It operates under a few famous names, including P&O Cruises, Cunard, Swan and Princess. And it does cruises, well, all over the place.
Hello Share Swooners. I've been saying that the pre-Christmas affect on shares would influence some stocks more than others. Among the possible winners, I thought were holiday purveyors. Coming to mind were Tui (TUI), Thomas Cook (TCG) and Carnival (CCL) the big cruising firm.
Last July when the skies were blue and the weather warmer, I stumbled across what looked like the depressed share price of Carnival Plc. (CCL) the Caribbean cruise liner company; the shares were then 2117p. Last seen, the share price was almost 2790p – an increase of 31% in five months.
It is to be noted that Carnival (CCL) the cruise liner business with a good share of the US Caribbean nautical holiday business has at a share price of 2664p (last seen) broken out of a trading range going back to 2012 into new share price territory. That is happy outcome because in a brief note published last July I said that I though the shares looked like a buy at 2117p. So, having risen a useful 25% and more in four months what does one do now?
If you are looking for underperforming shares which might undergo a change of market perception then have a look at Carnival (CCL), the holiday cruise company. I understand that one major investment bank has taken it off their “underperforming” list.
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