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Bullboard - Stock Discussion Forum Carnival Corp CCL

Consumer Cyclical Lodging
Carnival Corporation is a leisure travel company. The Company’s portfolio of cruise lines, including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises and Seabourn. The Company's segment includes North America and Australia (NAA), Europe, Cruise Support and Tour and Other. The NAA Segment include Carnival... see more

NYSE:CCL - Post Discussion

Carnival Corp > Billions in Debt !!
View:
Post by stocktalk on Aug 19, 2022 10:58am

Billions in Debt !!

CCL will never get out of the spiral debt hole, so what if bookings are up.

Its the debt that is more important, borrowing more just to pay the interest.

Bankruptcy soon !!!  that is a fact !!

NO BAILOUT from U.S. government, they

don't care as cruiselines don't pay taxes and are listed/registered offshore.
Comment by DeanEdmonton on Sep 23, 2022 10:32am
Ageed. Classic example of financial engineering and the executive making a fortune out of running a company into the ground. Run up the debt, bonus out big bucks, sell off all your shares then Bankrupt the comapny. This wipes out the debt and remaining shareholders, reformualte and carry on. Anyone holding onto this share  for a turnaround is going to be very unhappy. Norweigan cruise lines ...more  
Carnival Corp
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