how about RCL and CCL.. cruise stocks

[Gajala frm Washington DC]

experts throw some light for amateur's

Cruise stocks long term ki safe bet aa..?

 

[Pitta]

[MiryalgudaMaruthiRao]

oka 100 koni pettuko ba

[AndhraneedSCS]

nee adrustam meeda adarapadi untadi adi..

 

there are some problems:

1) no revenue but have to pay installments and some salaries 

2) New debt is very expensive 

3) Law suits from people who took trips in the past 

4) Have to refund for some customers who booked cruises for Q2/Q3

5) no certainity on when they will be back to normal 

 

One thing I can tell is that their situation is pretty much the same as airlines but not stimulus package for Cruise lines as they are not domiciled in US.

 

Most of the above are priced in already. CCL, I think will be safe for 8-12 months 

 

 

 

[ring_master]

7 minutes ago, Gajala frm Washington DC said:

experts throw some light for amateur's

Cruise stocks long term ki safe bet aa..?

 

Yes antunna @JambaKrantu