Norwegian Cruise Line Holdings Ltd. Services | Resorts & Casinos | USA Norwegian Cruise Line Holdings Ltd., a cruise line operator, through its subsidiaries, provides cruise experiences for travelers with various itineraries in North America, the Mediterranean, the Baltic, Central America, Bermuda, and the Caribbean. It offers cruises ranging in length from one day to three weeks. The company sells its products primarily through retail/travel agents. As of December 31, 2013, it operated 12 ships offering cruises in Alaska, the Bahamas, Bermuda, the Caribbean, Europe, Hawaii, Mexico, New England, Central and South America, North Africa, and Scandinavia. The company was founded in 1966 and is headquartered in Miami, Florida.
This is one of those stocks that can have a story. Whereas airlines benefit from low gas prices, you fly to get to a place and not because you like to fly. But with cruises, the journey is as much fun as the destination. And low gas prices help business here. Weekly chart: Nice volume last week, hope to see it stay above the low of the 6/21 candle at 53.20. There's resistance at 56.15. Currently 54.81 with ATR of $1.28
what disappointment Anotherdevilsadvocat I thought you were talking about taking (me ) a cruise in the Mediterranean Jk apart NCLH it looks very interesting.. if it open above 55.14 could break the 1° resistance and 60 +65 not too far away just my opinion ... do your DD (not you but those who visit here)
Liking this one. Again nearing the ATH from back in November 2015. In 2015 the EPS was 1.86; it has actually increased since then: 2.79, 3.31, and lately 4.25. Even q/q the EPS increase has been consistent. And for the upcoming year, "The cruise line operator's booked position was at an all-time high entering into 2019 and at higher pricing." (https://seekingalpha.com/news/34356...ine-holdings-plus-5-percent-confident-outlook) Weekly chart: Daily chart: It's nearly +50% in the last 4 months. Relatively, it's the strongest of the cruise lines, and faring better than the airlines.
Most recent comments from NCLH in regards to their financial position. “If the economy of the world is shut down for anywhere near 18 months, we are facing almost human extinction,” he said. Del Rio said customers should feel confident making future bookings on Norwegian ships and taking future cruise credits for canceled sailings. “We’ll be back to work, and the ships sailing, way before the 18 months,” he said. People “should feel very comfortable [making a booking or taking a credit].” If any company can withstand a complete shutdown of business, it is Norwegian, Del Rio added. “I don’t know of any other company in any other industry — and I challenge you to come up with one — that can withstand 18 months of zero revenue and still come out on the other side raring to go.” https://thepointsguy.com/news/norwegian-cruise-ceo-frank-del-rio-future-of-cruising/
I've been thinking about ccl and Norwegian. Both are in a really difficult situation. It would cost a mountain of money to moore and secure their ships. It might be a lot cheaper to operate at 20% capacity, skeleton crew, and go to less ports of call for 12 to 18 months. Even if they operate a portion of their fleet that way, it should help. In two years, we will be back to near normal. These are huge corporations. They should be able to minimize the pain and survive for a while. I'd take a covid cruise if the conditions were right
I'm not saying I would buy either company. I'm just saying I'm less certain either will go out of business in the near future. Either business could lose a few billion of value and survive.
