ford91exploder
Resident Curmudgeon
Trouble is Disney is spending 15x on pumping the stock vs what they spend investing in the business
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Hall of Blame
- Thread starter Hattieboxghost110
- Start date
Trouble is Disney is spending 15x on pumping the stock vs what they spend investing in the business
Model3 McQueen
Well-Known Member
- In the Parks
- No
For sure. It's really sad. So much money, not enough investment in the parks.
Disney Irish
Premium Member
Where are you getting these numbers?
Capital Expenditures are usually financed over several years compared to a stock buyback which is a one time purchase. So large scale projects such as the several Billion being pumped into DLR. Or the Billions being pumped into WDW for the 50th aren't single year line items. Whereas a stock buyback is a single year line item.
@mickEblu Bruh, I thought of another nickname that also represents the Hall of Blame.
THE WATCHMEN
The HOB are like Disney vigilantes keeping an ever-present eye on Disney greed, mismanagement, & malfeasance. They are vocal in their rage, consistent with their criticisms, and unrepentant in their views. Thoughts?
Not sure if you have ever seen Watchmen, but that intro is one of the most beautiful scenes in film history.
THE WATCHMEN
The HOB are like Disney vigilantes keeping an ever-present eye on Disney greed, mismanagement, & malfeasance. They are vocal in their rage, consistent with their criticisms, and unrepentant in their views. Thoughts?
Not sure if you have ever seen Watchmen, but that intro is one of the most beautiful scenes in film history.
TROR
Well-Known Member
Zack Snyder is a hack.
Forget Zack. Watch the damn scene.
I forget that you're a teen & wouldn't appreciate Dylan.
mickEblu
Well-Known Member
That was pretty nice bruh. I may have to check out themovie now.
As far as your HOB comparison. Absolutely agree. Disney Vigilantes is a great way to put it!
TROR
Well-Known Member
Dylan is a hack. I only listen to real artists like Marty Robins, Bobby Darin, Dean Martin, and Jimmie F. Rodgers.
VJ
Well-Known Member
As much as Disneyland is better than WDW (and it is), can we admit that this show is amazing? Because it is. You can tell Jack is really having fun with it and the kids are hilarious.
(alsoIputthisherebecauseIdidntknowwhereelsetoputitanditdidntexactlydeserveitsownthreadplsdontkillmethxloveyouguys)
(alsoIputthisherebecauseIdidntknowwhereelsetoputitanditdidntexactlydeserveitsownthreadplsdontkillmethxloveyouguys)
Castle Cake Apologist
Well-Known Member
Can I petition for a HOB East? I'm very very very cynical, but mostly towards modern WDW. I think DL has been getting a lot more right than WDW for the last 15 years or so. This, of course, is excluding things like Pixar Pier and MB, which are just objectively terrible.
I'd like to present my avatar and posting history as evidence of my entitlement to such a membership.
Also, @ford91exploder is definitely HOB material. He firmly believes that Star Wars Land isn't being built and that the Walt Disney Company will be going out of business within the next 5 years.
I'd like to present my avatar and posting history as evidence of my entitlement to such a membership.
Also, @ford91exploder is definitely HOB material. He firmly believes that Star Wars Land isn't being built and that the Walt Disney Company will be going out of business within the next 5 years.
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Phroobar
Well-Known Member
Castle Cake Apologist
Well-Known Member
I think the membership of the HOB East would be...
Very true.
I think the main membership benefits of HoB East will be as follows:
1. Sad cupcakes instead of anniversary celebrations
2. Being charged 3 times for one day at Magic Kingdom
3. Commericals with attractions from other resorts created by people who have never been to a Disney park
4. 90+ minute waits for a bare steel kiddie coaster
5. A lack of any sort of direction or optimism for the near future
ford91exploder
Resident Curmudgeon
Just look at EDGAR(SEC website) - Disney's financials are there, Disney is spending about 800M per year on capital improvements.
Yet they are spending at least 10 Billion on share repurchases this year
The only people benefiting from those share repurchases is Disney executive leadership.
This tickled my pickle.
Not a bad idea. The thought had crossed my mind, but I wasn't sure if there was an audience for it. DL folk tend to embrace quirky stuff like this, but not sure about WDW people. The forums on the other side seems so serious and stuffy.
I might give it a shot though.
ford91exploder
Resident Curmudgeon
Hey lets get something straight, as to SWL in Orlando. I've said that Wall St would never allow DIS to open both at once because 'too risky'. I expect that SWL Orlando will open 2-3 years after Anaheim.
As to Disney blowing up, yeah thats about right because Disney is not spending like a healthy company.
The parks and studios will continue with new owners. The media business will crash and be forgotten.
Disney Irish
Premium Member
Its a bit more complicated then that. You can't look at a single line item for a single year and know the whole picture.
As I said capital expenditures for large scale projects are multi-year ventures. So just because one year it was down for domestic parks to 800m doesn't mean they are only spending 800m and that's it. That means for that particular year 800m hit the books for specific projects that are ongoing. For example the WDW 50th projects will start hitting the books this year but finish sometime in 2021. The Billions that are being spent are spread over multiple years, it won't be listed all this year.
Also stock repurchases are done for many reasons. For example you do realize that Disney is buying a company for 55 Billion in a stock swap and not with cash. The stock repurchase is to ensure they don't have to incur new debt as Disney likes to keep its debt load down.
https://www.fool.com/investing/2017/12/16/why-isnt-walt-disney-paying-cash-for-the-21st-cent.aspx
I understand you may not like the direction that Disney is taking with things like the parks, but to say they aren't investing in the company is just plain wrong.
Disney Irish
Premium Member
You can believe what ever you want, but SWL on both coast will open within a couple months of each other if not around the same time. Wall St has nothing to do with that.
As for Disney blowing up, well I'll just leave that alone....