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re: Carnival cruise lines

Posted on 3/18/20 at 7:18 am to
Posted by rintintin
Life is Life
Member since Nov 2008
16203 posts
Posted on 3/18/20 at 7:18 am to
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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