IB Net Payout Yields Model

Invest like me - only at Covestor.com

Carnival: Positive Trajectory

By -

 

  • Carnival reported FQ2'22 results showing a positive trajectory in the business, though far from perfect.
  • The cruise line indicated strong booking trends for 2023 as consumers are able to plan for trips without worries of travel restrictions.
  • The stock is cheap at $10 with normalized earnings at $3 per share, as debt is repaid and interest expenses are cut.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
In no huge surprise, Carnival Corp. (NYSE:CCL) reported a quarter of improving results. The largest cruise line didn't report a perfect quarter, but the company and the sector continues to head back to more normal times in the travel and leisure sector. My investment thesis is very Bullish on the stock after the dip back towards the COVID lows, which was ill-timed considering the dynamics of the business are far improved now.

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

Update - June 29

Bizarre and inappropriate panic caused by MS analysts making the claim CCL could fall to $0 on another demand shock. In addition, Carnival just talked about strong bookings, so this call is far off base. 

-Carnival Corporation (NYSE:CCL) fell sharply in early trading after Morgan Stanley slashed earnings estimates.

-Analyst Jamie Rollo and team reduced the FY22 EBITDA forecast to -$900M from $900M, which would mark a third straight year of losses for the cruise line operator. The FY23 EBITDA forecast was reduced to $5.0B on the expectation for weaker pricing/occupancies and elevated costs.

Comments

Anonymous said…
The proposition may generate someplace within the mid-hundreds of hundreds of thousands annually for the state, however likely no more than $500 million per 12 months, based on estimates by the Legislative Analyst’s Office. California has a free hotline individuals can call to get assist and get linked to resources. There’s also Gambler’s Anonymous, which is a assist group program, like Alcoholics Anonymous, properly as|in addition to} Gam-Anon, a assist system for friends and family members of gamblers. California also has a program that provides free treatment — together with counseling, outpatient, and residential remedies — to gamblers or individuals affected 카지노사이트 by downside gambling, which includes spouses and family members.
December 7, 2022 at 5:35 AM
Post a Comment

Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

By -
Aurora Cannabis was left out of the major deal making in 2018. The cannabis company updated FQ2 guidance to revenues of $50 to $55 million with a continued focus on pure production growth. The stock is down as the market is becoming less impressed with commodity farming operations due to the prime Oregon example. The stock is below key resistance at $5.40 as medical cannabis patient totals failed to impress. As the end of 2018 came and went,   Aurora Cannabis   ( ACB ) was a notable absentee from the deal making in the cannabis market. Just about all of the other major Canadian cannabis players got large investments or signed up powerful partnerships, but the related stocks didn't generally maintain rallies following the deals. Based on the early legalization data in Canada and Oregon, the best option for Aurora Cannabis might actually be selling production capacity while the Canadian market remains hot. Read the full article on Seeking Alpha.  Disclosure: No
Read more

C3.ai: Out Of Steam (Rating Downgrade)

By -
Image
This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Update - June 23, 2023 C3.ai has fallen back to earth after the Investor Day meeting. The Deutsche Bank analyst call on the meeting suggests the company still isn't ready to produce actual numbers from the generative AI demand.  C3.ai ( NYSE: AI ) shares  fell more than 8%  on Friday after investment firm Deutsche Bank reiterated its sell rating on the enterprise software company after it held its investor meeting. Analyst Brad Zelnick said the event "left a lot to be desired" as there were  no details on financials, "limited" updates on the company's operations and investors did not really attend the event, despite it being positioned as for them. "While we appreciate the vast opportunity presented by AI, the event did nothing to ease our skepticism on the true differentiation of the company's platform, its traction with custome
Read more

Archer Aviation: Promising Developments

By -
Image
  Update - June 12, 2023 Archer is finally in the midst of a breakout on the positive FAA news.  -The acting administrator of the Federal Aviation Administration, Billy Nolen, is in talks to join Archer Aviation (NYSE:ACHR), per a report from Reuters. -Citing sources familiar with the situation, the report indicates Nolen will depart his current position atop the FAA in the next few weeks and will then look to transition to a role at Archer (ACHR). Archer’s rival Joby Aviation (JOBY) previously appointed former FAA chief Michael Huerta to a position on its board in March. Original article posted on Jan. 19 This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Archer Aviation Inc. jumped to $3 on the excitement of small insider purchases. The eVTOL manufacturer recently announced several major developments towards FAA certification and production of the Midnight aircraft. Archer Aviation stock is interesting, with a $70
Read more