AnotherDayAnotherDollar
Well-Known Member
That wasn't really Loeb.
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Could Disney face another hostile takeover attempt?
- Thread starter mharrington
- Start date
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.
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.
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
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
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.
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
Corvex Management, run by activist investor Keith Meister, just bought stock in Disney.
seekingalpha.com
As of September 30, they own 222,260 shares, which is about $27.6 million.
Corvex adds Illumina, sheds IAA, buys more Exelon
Corvex's current portfolio value is ~$1.7B, according to its latest 13 filing.Notable new position include in First Energy (NYSE:FE), Aecom (NYSE:ACM),...
seekingalpha.com
As of September 30, they own 222,260 shares, which is about $27.6 million.
Disney Irish
Premium Member
Doesn't mean much.Corvex Management, run by activist investor Keith Meister, just bought stock in Disney.
Corvex adds Illumina, sheds IAA, buys more Exelon
Corvex's current portfolio value is ~$1.7B, according to its latest 13 filing.Notable new position include in First Energy (NYSE:FE), Aecom (NYSE:ACM),...
As of September 30, they own 222,260 shares, which is about $27.6 million.
AnotherDayAnotherDollar
Well-Known Member
- Disney 2020 shares outstanding were 1.808B, a 8.52% increase from 2019.
Disney Shares Outstanding 2010-2023 | DIS
Disney shares outstanding history from 2010 to 2023. Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. This metric excludes the company's treasury shares...
www.macrotrends.net
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.
With Newsom officially instituting a new stay-home order, I bet it's going to negatively impact more movie productions again, wouldn't it?
Disney Irish
Premium Member
No, because a majority of productions are happening outside of California. Also this has nothing to do with this thread.
Disstevefan1
Well-Known Member
I thought movie productions (including their food catering services) were allowed to operate in California regardless of any pandemic or lockdowns or whatever?
You're responding to a 5 month old post. There is no new lockdown happening.
Disstevefan1
Well-Known Member
Oh yes, only mask mandates are being extended in CA currently.
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.