You're talking about the guy who answered "Why Disney?" with "Why not?"
Wow. Such a love of Disney on display.
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- Thread starter Disney4family
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Wow. Such a love of Disney on display.
Dan Deesnee
Well-Known Member
That's how investing works... If he had bought sooner you could argue he's a bad investor and that would be even worse for someone like that to join the board.
Dan Deesnee
Well-Known Member
Peltz specifically pointed out that Disney is over earning on the parks, essentially stating that Disney is wringing Park attendees dry I overcharging for everything. And he is spot on and that assessment. If you like the parks, that's the kind of person you want on the board.
Who would you suggest as an alternative? Because someone is going to join the board and sometimes you pick the least worst option...
flynnibus
Premium Member
Or you would say he's a bad investor for not buying before the runup since there is so much he liked about the company and was missing out on all those dividends before.
There is no spinning this... this is opportunistic based on Disney's drop.
Jrb1979
Well-Known Member
It definitely is. It's not like it's been good under the Bob's either
UNCgolf
Well-Known Member
Peltz doesn't actually think that. If you're a parks fan, he's about the last person you'd want with real power on the board.
Peltz had a lot of Disney stock. It was doing nothing for him with it crashing due to Wall Streets panic over streaming and with it having stopped paying dividends.
So, he just wants a payday. He thinks he knows best (tell that to Madison Square Garden) to get the stocks up and dividends flowing. So he's making up a kitchen sink pile of reasons why he should be on the board. He couldn't care less about Disney guests being squeezed, because, if that's what it takes to get his dividends, he'll squeeze hard.
You think he's going to lower prices for guests and reduce Disney's profits and send the stock lower and hold off dividends even longer?
"Why not!"
_caleb
Well-Known Member
You may agree with his assessment of the parks, but do you know what his proposed solution will likely be?
LSLS
Well-Known Member
I think you probably need to go read up on Peltz and his organization a bit more.
Notes from Neverland
Well-Known Member
The last flicker of the candle as Peltz melts
Disney shareholders shouldn't listen to activist investor Nelson Peltz's criticism of Bob Iger, according to Yale's Jeffrey Sonnenfeld and Steven Tian.
This is a great read for those clamoring for Peltz to succeed. It has a nice recap of his previous failures.
Dranth
Well-Known Member
He is just saying what people want to hear so he can scrounge up enough votes to get himself on the board. Take a close look at the actual record for other companies he or Trian have been involved with. It isn't good.
Lord knows Disney needs a new board and a better CEO but Peltz is the wrong direction and should be avoided if we want the company to get better.
Jrb1979
Well-Known Member
You add in the disaster that the Star Wars hotel is turning out to be it's been more misses then hits lately. I know Covid hurt Disney but if hurt most businesses too. The difference is Disney seems to the only one that completely changed their business model. Most other major park companies are now back to continuing where they left off before Covid.
GhostHost1000
Premium Member
Gosh who would have ever predicted a disaster with the Star Wars hotel?
or the NBA experience at Disney Springs
or Genie+
or…
Interestingly, Disneyland bookings are up. Disneyland Paris bookings are up. Universal Orlando bookings are up.
Walt Disney World bookings aren’t.
Under what range of time? I don’t doubt this at all, but i imagine this could be partially covid related?
CaptainAmerica
Well-Known Member
Guy at Club Cool right now with a full head and neck tattoo wearing an "Iger Comeback Tour" t-shirt.
Don't stan for corporate executives. It's gross.
Don't stan for corporate executives. It's gross.
Slpy3270
Well-Known Member
Disney adults in a nutshell.
CaptainAmerica
Well-Known Member
Me: "I think I'd enjoy Trader Sam's."
Also me: "I'd rather drink a gallon of Splash Mountain water than spend an hour in the company of the types of people who spend way too much time in Trader Sam's."
I like how he has his own slide deck...The last flicker of the candle as Peltz melts
Disney shareholders shouldn't listen to activist investor Nelson Peltz's criticism of Bob Iger, according to Yale's Jeffrey Sonnenfeld and Steven Tian.fortune.com
This is a great read for those clamoring for Peltz to succeed. It has a nice recap of his previous failures.
