 I'm going on a cruise What's up money geeks? Mr. V here welcome to another video guys so into this video I'm gonna take a look at another cruise company. So we're gonna take a look at NCLH Norwegian cruise We're gonna examine the stock and just see where they are and see if it's a buy or it's a whole or a sell But before we jump into the details guys if you're new to the channel We talk about how to earn money how to save money and how to invest and build wealth So if that's something that really interests you go ahead and hit that subscribe button any notification bell so you don't miss out on new content So yesterday the CEO of a Norwegian cruise again ticket symbol NCLH appeared on Jim Kramer and made some really interesting facts so Let's examine the stock and throughout this process again I'm talking about a cruise year cruise company because we all know they are completely grounded Things are not working people don't want to go on cruises because it's kind of confined environment They worry about the spread of the virus so as far as business a lot of these companies are really really hurting So it's a great opportunity for you to take advantage of the situation So let's examine Norwegian cruise prior to the virus a thing in January of 2020 They're 52 week high was about $59 a shape and then come the virus in in March This tack dropped down to around $8. So 52 week loads are about $8 a share and there's a right now That I'm making this video. They were trending around $12 a share And so which is obvious. I mean people are not taking any cruises. Nobody wants to get on the cruise It gives it scary You don't want to get sick and we get sick most people got trapped on on the cruise ship And they do they don't even lend let you get to mainland which is kind of scary So why would somebody want to do that again? Just some some some fax if you remember I think it was a CCL That's a carnival cruise when these virus kind of broke out They had some people on the ship and they were sick And so they were trapped on the actual cruise ship They wouldn't even let them out of the ship until they did some tests and they went through the 14 days Incubation period before some people were let out. So a lot of people got scared But Norwegian crews didn't experience that there were good all their ships came and just people were able to get off the ships But here's what I wanted to take a look at so the CEO again appeared on Jim Kramer and Said they have actually raised Two billion dollars during this period Which is good enough to keep them afloat from now to up to about 18 months Which is crazy I mean you're thinking like companies are bleeding cash right now And they are able to raise two billion dollars to keep them afloat that tells me they're doing something right So this is at at 12 dollars a share This is really really enticing. I mean I'm drooling over this stuff right now, but The one thing you need to know is they they they haven't declared any dividends or whatsoever So if you're buying into Norwegian crews know that two things you're buying for long term Hoping that you know when things get back you get some growth. There's no dividends So you might just buy when you know when they recover you sell and move on if you are a dividend investor Again, another thing that he mentioned on the call with Jim Kramer was that They plan to sell in 2020 He didn't give a specific date and he said I don't want to give a specific date But our goal is our ships are ready to go in 2020 Estimate is looking like hey sometime in july or august That's when they think about getting the ships back in the ocean One thing that really resonated was the fact that he mentioned that they are actually Selling a ton of tickets right now and so I'm like, huh How are people buying tickets to go on a cruise right now? I don't know but he says a lot of their customers are taking advantage of this period and buying Tickets just getting ready so that when they say it's time to sell They would actually jump out and go go sailing. So My personal observation or the way I would approach this particular stock is the stock is really really under value Hearing that they were able to raise two million two billion dollars Um a a capital to keep them afloat for at least another 18 months Even if they don't go even if they don't operate they have enough money to keep them afloat That gives them a lot of confidence. Um, the fact that he he thinks their ships are ready to sell sometime this year They're not being investigated in any shape or form. So there's some positive news there On the flip side, uh, the fear aspect is that we don't know how people are gonna adjust to this This is a new phenomena He I mean he thinks people are gonna jump on the ship and go people are buying tickets. So Is that gonna work exactly as planned? We have no idea. So it's kind of a risky stock But if you do have a little bit of change a little bit of capital that you think you want some growth At 12 dollars a share Again pending any news that comes out The stock might be something that you can put some money in there Hope that it goes up and then you can sell it and get out of it. Um, so again Put money that you think you can hang on for a little bit because all From carnival cruise to royal caribbean to Norwegian cruise audience Cruise lines are gonna really really be one of the last Industry to actually recover and get back to normal. So, uh, yeah Go in there with the intention of like, hey going for a long ride It's gonna slowly walk its way up and and that's the only way that you can see Um, you know, maybe some really good growth question of the day. What do you think about a Norwegian cruise? I mean, they have raised two billion dollars to keep them afloat for 18 months They plan on getting back into the ocean as soon as uh, september um, and then they also believe that um, Their customers are actually buying a lot of tickets and getting ready to get back in the ocean What do you think? Do you think it's a good buy? Do you think it sucks like stay away from from cruises? Let me know in the comment section and as always guys like share Subscribe youtube tells me that 90% of you guys watching haven't already subscribed to my channel So if you can do me the favor hit the subscribe button and give a thumbs up to the video if you like it And as always stay motivated