Carival shares

[Silver_Shiney]

Just in from Hargreaves Landown:

Headquartered in Miami and London, the world's biggest cruise operator reported a fall in profits citing a decline in advance bookings and higher fuel prices. The share price fell over 7% shortly after the results were published this afternoon. The cruise operator has suffered a spate of incidents that first started in March of this year when the cruise liner Legend encountered mechanical issues that affected its sailing speed, resulting in it returning to its home port Tampa, Florida. A day earlier, the company had to cut short a Caribbean cruise after an engine problem on its Carnival Dream ship in St. Maarten. Also, its Carnival Triumph liner was adrift for days in the Gulf of Mexico as a result of an engine fire. The company said bookings for the rest of 2013 are also behind last year's pace at prices in line with prior year levels. On a more positive note, President and CEO Arnold Donald said that during the third quarter, the company had made significant progress on a number of strategic initiatives to broaden its customer base, spur additional demand and mitigate environmental impacts and higher fuel costs. On balance, market consensus opinion remains a strong hold.

[Capt Black]

Dropped about £1.50 to £21.06 today.

[Silver_Shiney]

tell me about it.... I hope they keep the OBC for shareholders!

[Quizzical Bob]

Dropped about £1.50 to £21.06 today.

Not a problem if you're not selling. I paid £19.60 for mine a few years ago.

[Capt Black]

Boom & bust. They'll go up again......fingers crossed.

[Ray Scully]

OBC has almost paid for ours

Ray

[Silver_Shiney]

24.53 per share I paid - just goes to prove what I've always said - if you want to buy something, wait a little while after I've bought the same thing!!