We’re extending our pause in operations until 15 October 2020

[Official Autopost]

Unfortunately, as the world continues to adapt to this global crisis, we have made the decision, difficult as it is, to extend our pause in operations for all sailings up to and including 15 October 2020. We are so sorry for the disappointment this will cause to so many of you. Here’s P&O Cruises president Paul Ludlow with an update on the extension:

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[Gill W]

I think this was the only thing they could have done, as it's clear the current situation is not short term.

I expect a lot of people have already moved their cruises to next year anyway. I wouldn't have thought many people would have paid the full balance.

[towny44]

I was just about to cancel our Sept B2B on Azura when
I received the e-mail to say it was cancelled. Saves me the bother, although I think I might take the FCC for the deposit and probably use it on a summer 2022 cruise once they launch, since we already have 4 cruises booked up to Feb 2022.

[screwy]

Guess we wont be meeting up on azura then Towny...I had already moved ours to 30 May 21.

[towny44]

Guess we wont be meeting up on azura then Towny...I had already moved ours to 30 May 21.

Shame about that screwy, let's hope cross path again sometime.

[screwy]

Indeed Towny.

[david63]

This announcement does not appear to have had any affect on Carnival shares

[towny44]

This announcement does not appear to have had any affect on Carnival shares

Maybe not but their loss so far means they will be leaving the FTSE 100 when the latest review takes place.

[screwy]

Well they’re £23 down on what I paid 4 yrs ago.

[david63]

Well they’re £23 down on what I paid 4 yrs ago.

They are £3.50 up on what I paid two months ago

[towny44]

Well they’re £23 down on what I paid 4 yrs ago.

They are £3.50 up on what I paid two months ago

They are £7 down on what I paid just after the Concordia sank. To paraphrase Arnie, they'll be back.

[Onelife]

Well they’re £23 down on what I paid 4 yrs ago.

They are £3.50 up on what I paid two months ago

Knowing when to place your bet is the key to being a successful gambler…see David, we do have something in common.

[Manoverboard]

They are £3.50 up on what I paid two months ago

Knowing when to place your bet is the key to being a successful gambler…see David, we do have something in common.

You do indeed ...

Both of you are only talking about the latest bet / deal with no mention of the losses from previous bets / deals

[david63]

Knowing when to place your bet is the key to being a successful gambler…see David, we do have something in commo

Whereas you are a gambler - I am an investor

[Stephen]

Knowing when to place your bet is the key to being a successful gambler…see David, we do have something in commo

Whereas you are a gambler - I am an investor

Yes, but like me your still gambling that you will eventually get a good return for your investment

[david63]

Yes, but like me your still gambling that you will eventually get a good return for your investment

But unlike some that I could mention we are less likely to loose all of our "investment"

[Onelife]

Yes, but like me your still gambling that you will eventually get a good return for your investment

But unlike some that I could mention we are less likely to loose all of our "investment"

Nevertheless…in both scenarios one should only invest what one is prepared to lose

[Gill W]

I worked for one of the large banks.

We were encouraged to invest in the share save schemes, which, at the time seemed very safe.

However, as we know, the bubble burst, and the banks shares tumbled in value. I still retain my shares, in the hope that I can live long enough to recoup my losses. Some of my colleagues invested very heavily, and one woman lost about £75000, as she'd put all her savings in them. I felt so sorry for her, she saw her retirement saving diminish before her eyes as the shares plummeted. Of course, she shouldn't have put all her eggs in one basket, but it was horrible to see happening.

Even the safest of shares isn't a dead cert.

My trusted friend of 30 years knows a person who works in a fairly prominent customer facing role on P&O ships. It's his opinion that P&O will be all right until Christmas, but if ships aren't sailing by then, they could be in difficulties. So be careful with your investments, and also your FCCs!

[Manoverboard]

When shares are about to tumble the signs are there to see, this was indeed the case with the Banking crash.

Sell up and get out as fast as possible is the way to go but many did not through ignorance, greed or fear of paying large sums of Capital Gains Tax. Those who took the locked-in PEP route in such schemes were of course at a disadvantage, in any event they were not an ideal platform for larger sum investments.

All share purchases are a risk and that risk is even greater if one doesn't know what one is doing.
.

[david63]

Even the safest of shares isn't a dead cert.

Gill - I don't think that my £1,500 "investment" will be a big deal one way or the other