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Could Disney face another hostile takeover attempt?

tirian

Well-Known Member
Hostile takeover? Not likely. They’ve become too clever at cooking their books to look vulnerable. Look at how they spun the canceled report that had been scheduled and promoted for over a month (“it was a 30-day accident”), and WS barely batted an eye.
 

It Is What It Is

Active Member
Disney is a much different beast than Sony. Disney's different segments compliment each other. If Disney were making computer chips in a different division, yeah, it would make sense to separate that.

I don't see Sony Entertainment complimenting Sony Electronics. Bust 'em up. It makes sense.

If Amazon were to get in trouble (it won't), busting away Prime Video makes sense. Comcast? I think keeping NBC and Universal together makes sense, but separate cable.

Doesn't make sense to bust up Disney.
 

Slpy3270

Well-Known Member
So in spite of Disneyland Paris closing for the remainder of Q1 2021, WDW likely re-closing before the end of the year and a guaranteed quarterly loss that period, Disney stock price is rising.

Does not compute.
 

MisterPenguin

Fully Pfizered!
Premium Member
So in spite of Disneyland Paris closing for the remainder of Q1 2021, WDW likely re-closing before the end of the year and a guaranteed quarterly loss that period, Disney stock price is rising.

Does not compute.
Well, the DOW's starting to rise, too.

Also, unlike you, investors are confident Disney will be able to survive through and recovery from the pandemic. So, whenever its price drops, people buy it with confidence it will rice.
 

Disney Irish

Premium Member
So in spite of Disneyland Paris closing for the remainder of Q1 2021, WDW likely re-closing before the end of the year and a guaranteed quarterly loss that period, Disney stock price is rising.

Does not compute.
As has been said before in this thread DIS tracks with the rest of the market. Its not just the fundamentals of the company. Also overall as MisterPenguin as indicated investors overall are confident in Disney given D+ and other factors.

We'll see if the investor call coming up will have an impact on investor confidence or not.
 

It Is What It Is

Active Member
So in spite of Disneyland Paris closing for the remainder of Q1 2021, WDW likely re-closing before the end of the year and a guaranteed quarterly loss that period, Disney stock price is rising.

Does not compute.
Some stocks are about being the prettiest girl at the dance like Tesla in the auto sector. Amazon was losing money for years yet their stock kept going up.

If the analysts at the major brokerages think Disney is going to lose 5 billion this quarter (making these values up) and they only l lose 2 billion this quarter, good chance the stock goes up.
 

MisterPenguin

Fully Pfizered!
Premium Member
Some stocks are about being the prettiest girl at the dance like Tesla in the auto sector. Amazon was losing money for years yet their stock kept going up.

If the analysts at the major brokerages think Disney is going to lose 5 billion this quarter (making these values up) and they only l lose 2 billion this quarter, good chance the stock goes up.
We need to be careful with distinguishing "losing profits they would normally make" from "losing net worth from a net loss."

Disney will certainly lose out on their usual profit. But last quarter showed they basically broke even and did not have a net loss for the whole company.
 

mharrington

Well-Known Member
Original Poster
So in spite of Disneyland Paris closing for the remainder of Q1 2021, WDW likely re-closing before the end of the year and a guaranteed quarterly loss that period, Disney stock price is rising.

Does not compute.

Where did you read about WDW likely re-closing? The only article I found on such is from the Motley Crew, and they're saying that, right now at least, it's not on the table: https://www.fool.com/investing/2020/10/29/will-disney-world-close-before-disneyland-reopens/.
 

Slpy3270

Well-Known Member

Disney Irish

Premium Member
Corvex Management, run by activist investor Keith Meister, just bought stock in Disney.

As of September 30, they own 222,260 shares, which is about $27.6 million.
Doesn't mean much.
 

AnotherDayAnotherDollar

Well-Known Member
  • Disney 2020 shares outstanding were 1.808B, a 8.52% increase from 2019.

Don't know who that investor is, but 222,260 out of 1,808,000,000 outstanding shares is a negligible amount and not even worth mentioning.
 

mharrington

Well-Known Member
Original Poster
With Newsom officially instituting a new stay-home order, I bet it's going to negatively impact more movie productions again, wouldn't it?
 

Disstevefan1

Well-Known Member
With Newsom officially instituting a new stay-home order, I bet it's going to negatively impact more movie productions again, wouldn't it?
I thought movie productions (including their food catering services) were allowed to operate in California regardless of any pandemic or lockdowns or whatever?
 

Slpy3270

Well-Known Member
Back to Third Point after a while, and lo and behold:
Screenshot_20210806-123213_Chrome.jpg


Somebody should remind this idiot about WarnerMedia and the ScarJo lawsuit.
 

MisterPenguin

Fully Pfizered!
Premium Member
Back to Third Point after a while, and lo and behold:
View attachment 577772

Somebody should remind this idiot about WarnerMedia and the ScarJo lawsuit.
Almost every quarter one of the Wall Street questioners asks the CEO, "Why don't you just skip the theatrical window?"

And ever quarter, the CEO has to explain that each window is its own profit center.

Mind you, it was Wall Street investors that also didn't want Disney to stop licensing their movies to other streamers.

And could Disney have been doing more? Yes... if there wasn't a world wide pandemic.
 

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