By This post is written at 23 March 2020. I think many of you know Berkshire Hathaway, the company managed by Warren Buffet. The company has a lot of subsidiaries, ranging from insurance, freight rail transportation, utility, to real estate brokerage services, and many others. According to the 2019 annual report, the compounded annual gain from …
What if CCL Goes Bankrupt? Net Liquidating Value of Carnival Corp (CCL)
When Covid-19 will end is an unknown. Although it is believed that CCL liquidity can sustain the business for half a year or even a year, there is still a possibility of bankruptcy. If the current price of CCL is below it’s liquidating value, buying the stock can be a good investment since even if …
Is Carnival Corp (CCL) Liquidity an Issue?
In personal finance, liquidity can mean do you have enough cash to cover a certain amount of spendings, say 6 months. In a company, I think it is similar, does the company have enough liquid assets and short term borrowing power to cover a certain amount of spendings, say 1 year. I am not sure …
Is CARNIVAL CORP (CCL) an Opportunity Under Covid-19 and After Monday Market Crash?
This post was written on 10 March 2020. When the post is published, it will be interesting. The analysis is separated into two parts. The first part assumes Covid-19 never exists and evaluate whether CCL is a preferred stock to invest. The second part looks at whether CCL is tough enough to overcome the impact …
Is ROYAL CARIBBEAN CRUISES (RCL) an Opportunity Under Covid-19 and After Monday Market Crash?
This post was written on 10 March 2020. When the post is published, it will be interesting. The analysis is separated into two parts. The first part assumes Covid-19 never exists and evaluate whether RCL is a preferred stock to invest. The second part looks at whether RCL is tough enough to overcome the impact …
