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re: Carnival cruise lines
Posted on 3/17/20 at 10:56 pm to rintintin
Posted on 3/17/20 at 10:56 pm to rintintin
They could sell one of their many ships if needed. They will be fine. I don't think you realize how big carnival is along with all their other sub companies or borrow from the bank. People are in panic mode about this virus. We won't live in fear forever.
This post was edited on 3/17/20 at 11:02 pm
Posted on 3/18/20 at 7:18 am to GeauxZone90
quote:
They could sell one of their many ships if needed. They will be fine. I don't think you realize how big carnival is
I indeed do though. I'm not saying they'll cease to exist, I'm contemplating throwing money into them too.
I'm just arguing the "they have a strong balance sheet" point. They really don't from a liquidity standpoint. Selling ships is not a strategy derived from a strong balance sheet.
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