A Spirited Perfect Ten

[ford91exploder]

Yep, just like they canceled Carsland and DCA 2.0 when the whole economy tanked and the stock was literally cut in half. A 10% to 15% correction to an inflated stock price which is still up almost 30% in the last 12 months will almost certainly scare Iger and crew into canceling all their plans . Who ran the company back in 2008/2009? Same guys.

Yes and if you check back about that time there was ANOTHER massive upgrade planned for WDW which got canned according to @WDW1974, So the stars are aligning for a similar hit, Stock on the way DOWN, Recession in foreign market requiring DIS to pump additional cash to Foreign park back then it was DLP now Shanghai (the extra 800M already).

Iger is about the STOCK PRICE not the product and Iger will do whatever it takes to maintain the stock price, Unfortunately that means nice things for WDW fans are usually on the chopping block. As DIS will need to increase domestic P&R margins further and probably increase the share repurchase program to maintain the stock price,

 

[captainmoch]

The strong rumors are Star Wars in Toontown, and Marvel in DCA. The story of the land purchases is relatively insignificant.

Star Wars replacing Toontown? I'm not sure I like this, mostly because I don't want Roger Rabbit to lose his only park presence at pretty much any Disney park...

 

[rael ramone]

As someone else already posted, some are counting their money for selling once when it did hit $120.....

Some others are writing articles like this:

http://www.benzinga.com/analyst-rat...cline-in-disney-is-a-great-buying-opportunity

http://www.cnbc.com/2015/08/06/cramer-why-disneys-stock-is-about-to-bounce.html

I wonder if Cramer & that author got a call from Zenia...

 

[asianway]

Star Wars replacing Toontown? I'm not sure I like this, mostly because I don't want Roger Rabbit to lose his only park presence at pretty much any Disney park...

Tokyo has cartoon spin

 

[PhotoDave219]

Any validity to the trending on twitter last night of tdo buying up land in Anaheim?

Yeah, I think we covered/discussed it last month? I know 74 posted about it.

 

[PhotoDave219]

Yes and if you check back about that time there was ANOTHER massive upgrade planned for WDW which got canned according to @WDW1974, So the stars are aligning for a similar hit, Stock on the way DOWN, Recession in foreign market requiring DIS to pump additional cash to Foreign park back then it was DLP now Shanghai (the extra 800M already).

Iger is about the STOCK PRICE not the product and Iger will do whatever it takes to maintain the stock price, Unfortunately that means nice things for WDW fans are usually on the chopping block. As DIS will need to increase domestic P&R margins further and probably increase the share repurchase program to maintain the stock price,

I dont think so. I think all of the entertainment sector is down and as long as it stays over $100, they'll be content.

Someone better show Wall Street the teaser trailer again....

 

[truecoat]

Any validity to the trending on twitter last night of tdo buying up land in Anaheim?

Here's a post of mine from July 16th.

Disney owns a very small percentage of hotel rooms in Anaheim. It wouldn't be worth it to go full blown MM+. They'll just use the app and some kiosks and call it good. That money is for Star Wars, Marvel and a parking garage.

Buying the hotel across the street from DL recently gives them a direct route to the garage they want to build.

Here's what they own (with the purchase of the Carousel Inn) for the parking and ability to get the peeps to the front gate.

View attachment 101584

 

[GoofGoof]

Yes and if you check back about that time there was ANOTHER massive upgrade planned for WDW which got canned according to @WDW1974, So the stars are aligning for a similar hit, Stock on the way DOWN, Recession in foreign market requiring DIS to pump additional cash to Foreign park back then it was DLP now Shanghai (the extra 800M already).

Iger is about the STOCK PRICE not the product and Iger will do whatever it takes to maintain the stock price, Unfortunately that means nice things for WDW fans are usually on the chopping block. As DIS will need to increase domestic P&R margins further and probably increase the share repurchase program to maintain the stock price,

There are always blue sky projects going on that get green lit or canceled. This isn't fanboy rumors its a lot further along than that. This project has board approval and had been talked about publicly numerous times. Iger spilled the beans about the name change and he and Staggs have talked numerous times about adding Star Wars to the parks. I don't see them reversing course now.

I think you are playing around with the facts and history to try to get them to fit your hopes, but in this case the facts just don't add up to support your conclusion. Even if Eisner had plans to redo DCA before he left the final go/no go decision was well into Iger's tenure. Iger was also long in charge when the stock dropped and did not pull the plug on the project. That is a historic fact and shows a precedent that downturns in the stock price don't automatically lead to canceling all projects.

 

[Shaman]

I dont think so. I think all of the entertainment sector is down and as long as it stays over $100, they'll be content.

Someone better show Wall Street the teaser trailer again....

Plus, if ESPN takes a hit the other parts of the company have to pick up the slack. Park investment can lead to growth that counteracts losses in other sectors. Unless, the bean counters think Avatar and Disney Springs will do it.

 

[rael ramone]

There are always blue sky projects going on that get green lit or canceled. This isn't fanboy rumors its a lot further along than that. This project has board approval and had been talked about publicly numerous times. Iger spilled the beans about the name change and he and Staggs have talked numerous times about adding Star Wars to the parks. I don't see them reversing course now.

I think you are playing around with the facts and history to try to get them to fit your hopes, but in this case the facts just don't add up to support your conclusion. Even if Eisner had plans to redo DCA before he left the final go/no go decision was well into Iger's tenure. Iger was also long in charge when the stock dropped and did not pull the plug on the project. That is a historic fact and shows a precedent that downturns in the stock price don't automatically lead to canceling all projects.

While the 'new plans' aren't in jeopardy (opinion - I'm not an insider), the quality of such 'could' be. Even in unabashedly positive times they haven't feared reducing / scaling back plans (from 'phase 2's that have proven to be 'phase nevers') to find ways to 'value-engineer' (I feel icky typing that phrase) the plans into something cheaper. (Kinda like scaling back a Mobile Fidelity Sound Lab gold disc to MP3 format). But 'something' is going to happen to the Studios (even they won't forever ignore a dumpster fire).

But if ESPN has it's ability to 'bring in it's share' of revenue reduced, they will definitely look to expand margins in other areas of the company (executive compensation obviously off limits). $10-15 extra for a filet (that may no longer be 8oz) for instance...

 

[brb1006]

For what it's worth, there's an anime that tells us what happened to Stitch when Lilo went to college.

He ditched her for some Japanese girl because the Japanese hate Lilo and wanted to have an anime about Stitch without her.

The anime is called "Stitch!" and even has a manga. Lilo did show up in the later episodes.

Speaking of Japan, there's another manga based on a Disney film that's based on The Aristocats called "Miriya & Marie".

There's also a manga that stars the Disney Princesses.

 

[brb1006]

Tokyo has cartoon spin

Tokyo also has an interactive attraction that takes place inside Goofy's house.

 

[Cody5294]

Well it did. And then they cashed out.

What are the chances that it gets close to $120 by the end of the year?

 

[Cesar R M]

As if Stitch's death in Stitch Has A Glitch was sad enough.

oh.. I agree on that movie.
but honestly.. the movie that really destroyed me was UP! I shed manly crocodile tears.

 

[Cesar R M]

Valid point. Iger may have hated the idea of investing $1 Billion in DCA, and only approved it to keep Lasseter and the bois at WDI happy.

But I posted that timeline after the assertion was made in this thread that Michael Eisner was responsible for the DCA Makeover of 2007-12, and that Bob Iger will pull all funding from the DHS Makeover of 2015-20 if the Chinese stock market or housing market tanks or the weak global economy tilts back into recession. The timeline shows that Eisner was long gone by '07 and Iger had plenty of time and plenty of reasons to pull the plug on the DCA Makeover in the face of a very scary financial environment, but he didn't.

Maybe the work and planning was all well underway that it would be dumb (cost wise) to cancel?

 

[PhotoDave219]

What are the chances that it gets close to $120 by the end of the year?

Ask @ParentsOf4. They're the ones with the stock market prowise.

 

[Cesar R M]

For what it's worth, there's an anime that tells us what happened to Stitch when Lilo went to college.

He ditched her for some Japanese girl because the Japanese hate Lilo and wanted to have an anime about Stitch without her.

wait.. what?
I only seen the japanese lilo and stitch and it was pretty much a animeesque and exaggerated version of the USA's Lilo and Stitch.
I really hope the change wasn't just pressured by the supposed xenophobic tendency of some old Japanese folk (the imperial remains?)

 

[Cesar R M]

Yes and if you check back about that time there was ANOTHER massive upgrade planned for WDW which got canned according to @WDW1974, So the stars are aligning for a similar hit, Stock on the way DOWN, Recession in foreign market requiring DIS to pump additional cash to Foreign park back then it was DLP now Shanghai (the extra 800M already).

Iger is about the STOCK PRICE not the product and Iger will do whatever it takes to maintain the stock price, Unfortunately that means nice things for WDW fans are usually on the chopping block. As DIS will need to increase domestic P&R margins further and probably increase the share repurchase program to maintain the stock price,

Still, what happened with Universal did show that parks need reinvestment to stay lucrative.. Be in love with stocks or not.

I dont think so. I think all of the entertainment sector is down and as long as it stays over $100, they'll be content.

Someone better show Wall Street the teaser trailer again....

.. happy.. just above $100....

 

[rael ramone]

I dont think so. I think all of the entertainment sector is down and as long as it stays over $100, they'll be content.

Someone better show Wall Street the teaser trailer again....

Right now the fall is due to ESPN. There is still the matter of the market as a whole. (Cramer said last night 'its time to raise cash'). $DIS is still in a bunch of mutual funds & index funds - if theres an exit from them everything in them is going down... And with the ESPN drop fresh in minds nobody is going to 'run to the safety of Disney' since it's been exposed as a non-staple.

This drop is due to micro-issues (as in their own issues). Unless there's another shoe to drop (like, say, a DOJ investigation into the dealings in China), the next drop will be of the macro variety (going down with the rest of the market).

 

[Brer Panther]

Apparently, Lilo went off to college and Stitch thought she'd abandoned him, stole a space cruiser or something, and fled to Japan. Jumbaa and Pleakley followed.

Really, I think the Japanese just hate Lilo and wanted to do a Stitch anime without her.