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Buying Royal caribbean Stock 11 Months, 1 Week ago
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If anyone is planning on cruising as much as my wife and I, then it would pay to look into buying Stock in RCCL. There are nice On Board credits per cruise above and in addition to other credits. If anyone is interested I can go into more detail, and also some of the pitfalls to watch out for. We bought stock approx 3 months ago.
Phil
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NWLB (Admin)
Admin
Posts: 69
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Re:Buying Royal caribbean Stock 11 Months, 1 Week ago
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I cued my father onto the stock when it was still below $20. Oh to have had the money to buy large back then.....
(I'll be in the chat room tonight at 8 p.m. est.)
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Re:Buying Royal caribbean Stock 11 Months ago
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Just wanted to update one point from my earlier message. Today I saw that the Board of Directors of Royal Caribbean voted to pay $0.15 per share divdend. Appartently this is the 57th straight quarter that a divdend has been paid.
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Re:Buying Royal caribbean Stock 10 Months, 2 Weeks ago
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To benefit from stock ownership you need to own 100 shares? I thought that is what I read at one point.
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baowen (User)
Seeking Stateroom.
Posts: 6
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Re:Buying Royal caribbean Stock 8 Months, 2 Weeks ago
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Yes, You need to own a 100 shares. If you cruise every year, the on board credit is a great return on investment on top of the dividends and price gain.
Beth- San Clemente, Ca
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Beth Owen
San Clemente, CA
Sovereign of the Seas – March 28,2008
Monarch of the Seas – May 16, 2008
Liberty of the Seas – November 22,2008
----------------------------------
Viking Serenade – 1999
Rhapsody of the Seas -1999
Viking Serenade – 2000
Rhapsody of the Seas – 2000
Majesty of the Seas – 2001
Explorer of the Seas – 2001
Vision of the Seas – 2002
Monarch of the Seas- 2003
Explorer of the Seas – 2003
Monarch of the Seas – 2004
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Monarch of the Seas -2005
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Freedom of the Seas – 2006
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TexasCPA (User)
Seeking Stateroom.
Posts: 3
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Re:Buying Royal caribbean Stock 7 Months, 3 Weeks ago
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Phil & e v e r y o n e...,
Don't buy RCL stock - the $100 on board credit isn't worth it. I don't know if you follow RC stock or just like the idea owning it... I bot 100 sh at $40 last Fall 07 to get the on-board credit & then didn't watch the stock. My mistake. It went to $43, then to $40, then back to $43, (I should have sold), the year high was $46 in Feb 07. It went to down to $35 (Jan-March 08). I wasn't watching until it went to $37. I put in a buy order for 200 at $34.50 with a contingent sell at $37.50 and it was filled. Since it hovered between $35-$37 for the early part of 08, I thought I'm a genius. Only bad thing now is it is at $32.40 (3/28/08) RC stock really isn't worth it. I've since found out it is extremely voliate and, obviously, price sensitive to crude oil at $104.50 a barrel (3/28/08).
As far as the dividend side of the investment, yes, they have paid for 50+ straight quarters. However at $.15 per share quarterly dividend, per the 2006 annual report (latest available), their annual dividend is 60 cents for a $32.40 investment, or a 1.8% return. This is extremely unfortunate since their Earnings Per Share (diluated) is $2.94 per share. Each share earns $2.94 but receives only $.60.
It's a great company and one of the best. We've always had a wonderful time aboard their ships - but as far as an investment - pass on it.
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Last Edit: 2008/03/30 09:41 By TexasCPA.
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Majesty of the Seas - December 2005
Freedom of the Seas - December 2007 - Our 25th Anniversary
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