News Chapek FIRED, Iger New CEO

Sirwalterraleigh

Premium Member
How... I mean ... seriously do you not read the reports? This already happened.

2019: 26.25 Billion in Revenue on 87M (est) attendance
2022: 28.7 Billion in Revenue on 73M est attendance

Revenue went up, even though attendance went down. How do you not already know this?
Stay tuned, Gen Y…

You cannot continue to Escalate prices on old parks and timeshares to “stay ahead”
Of costs as you cut 20% + of your client pool.

You all so silly…believing Bob…it was never gonna hold. Because of what it is and the model.

Also a big part of those numbers is the customer base - particularly in the US -
Is just spending too much money for 10+ years. Economics are totally out of whack…

Watch that play too…when the wall is hit…won’t be worrying about magic kingdom attendance.
 

el_super

Well-Known Member
You all so silly…believing Bob…

Yes... you definitely seem like a firm believer in the Eisner/Pressler model of park operations:

-Discount everything via APs
-Fill the parks to capacity
-Never have to build new attractions because the parks are always busy

It worked out so well for 20+ years...
 

Sirwalterraleigh

Premium Member
Yes... you definitely seem like a firm believer in the Eisner/Pressler model of park operations:

-Discount everything via APs
-Fill the parks to capacity
-Never have to build new attractions because the parks are always busy

It worked out so well for 20+ years...
I worked in the Eisner/pressler models and if your take away is I find no flaws in it…you missed completely.

But the ridiculous igerian myth that it was “all wrong” then and “all right” since is beyond stupidity. From both sides of the equation.
 

el_super

Well-Known Member
But the ridiculous igerian myth that it was “all wrong” then and “all right” since is beyond stupidity. From both sides of the equation.

It's not a matter of which one is right, it's a matter of you being unhappy either way.

If you had to choose between packed and cheap, or empty and expensive, what would you choose?
 

Sirwalterraleigh

Premium Member
It's not a matter of which one is right, it's a matter of you being unhappy either way.

If you had to choose between packed and cheap, or empty and expensive, what would you choose?
You apparently made the mistake of assuming any of my critique is “personal” preferences.

In many ways…I’m one of the most impartial people here.

Seems ridiculous at first…but after the laughter subsides…you will against your wishes start to see I can judge the good and the bad…the smart and the stupid.

What I won’t do is make fandom denial that the downside exist. That’s not even close to reasonable.

I have an insight into why they make the decisions they do…experience and contact with those with far more business accumen than me. I just work solo…so I have time to keep one eye on it and hang around here. No one cares.
And insomnia…that’s key 👍🏻
 
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Sirwalterraleigh

Premium Member
Here’s the setup article of the day:


And here’s the attack wing:



…notice neither were written by the motley fool?
 

Sirwalterraleigh

Premium Member
I'm fairly certain I saw it hit $80 on 3/18 that year. Tried to snap it up but the trade wouldn't process right away.
For about 10 minutes…then your Uncle Sammy promised - literally - trillions of dollars for rich people to divide up.

I was going by a chart I found in the web.

I think the point is, the stock is at a "pandemic low"
The actual low - close - was $85.98 on 3/20/23

…check 7/18/23 for a good comparison 👍🏻
 

Sirwalterraleigh

Premium Member
At Disneyland, yes. All of Oogie Boogie is sold out.

Only one date - Halloween - has sold out for MNSSHP
Because Disneyland is locals…wdw is not

If you’re not getting people into the the parks daily…there isn’t enough to feed the upsells either. But they’ll do dvc or AP last minute discounts if they have too…

The crowd is from out of town.

It’s amazing how often we debate who they sell to and why it matters?
 

Sirwalterraleigh

Premium Member
It's not a matter of which one is right, it's a matter of you being unhappy either way.

If you had to choose between packed and cheap, or empty and expensive, what would you choose?
There is no choice

The profits/revenue are made off masses. Specifically the midrange masses.

They are amusement parks. Ones that reduced their quality across the board in margins for most of bobs time - I might add.

So you’re gonna have $25,000 a week “whales” in fantasyland? What are you offering them?
People look at dvc and this that’s just the start. No…it’s actually the end. The sales of that will flatline too on this course.

Not only all that. The product is where the profits are. Cheap China stuff at high yield.
Who’s gonna buy it?

People jetting in from their waterfront estate in Rye New York?

It’s ludicrous. The entire park strategy is flawed and propped up by fake markets.

It’s one thing to increase price and upsell…but it can’t be “policy”. You don’t empty your client pool after 50 years of building. That’s not sustainable.

Basically: Bob lied. Cause he can and he believes his own BS.

“We’re trying to lower attendance”

We should be giving out free head exams to anyone that believed that.
 
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GhostHost1000

Premium Member
That’s the sign of a strong brand with unequaled demand…flat after 8 years.

We ARE the magic.

And they did a ton of buybacks too…lest we conveniently forget…legalized price fixing. Stock is actually worth less
I know one thing Disney isn’t doing a lot of buybacks on…DVC in the resale market.

Resales are passing RoFR at low price per point. That’s telling.

Plus there are a ton of resale contracts out there. Also telling.
 

Sirwalterraleigh

Premium Member
I know one thing Disney isn’t doing a lot of buybacks on…DVC in the resale market.

Resales are passing RoFR at low price per point. That’s telling.

Plus there are a ton of resale contracts out there. Also telling.
That doesn’t get discussed a lot.

Dippy Bob is building DVC trailers…knowing they won’t sell.

He’s entered the “nothing to see here…” phase of the Reign of King George
 

GhostHost1000

Premium Member
That doesn’t get discussed a lot.

Dippy Bob is building DVC trailers…knowing they won’t sell.

He’s entered the “nothing to see here…” phase of the Reign of King George
I’m just waiting on DVC to next be at the value resorts so they can “con” more repeat/almost guaranteed guests on property spending money.
 

Splash4eva

Well-Known Member
$79.99 is when the “back channel” conversations leak out.

You think the California public employees retirement fund (the largest holder of Disney stock) hasn’t been talking to their brokers?

$191 in January 2021 to the crap it is today?

But even tossing out the bogus $191 number…underperforming the market and competitors to the tune of 20-30%?

Oh…there’s talk
Thats the real problem is that its been underperforming during the biggest bull market ever prior. Ive said this before ill say it again. Iger to me is the most over rated CEO ever. Media loved him for what i have no idea. To me he has been someone definitely missed out on Disney’s full potential
 

Br0ckford

Premium Member
The piper will be paid. The bill always comes due. The question is will Bob bail again before that happens? The anticipation is delicious.
Willy Wonka Suspense GIF
 

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