Is attendance really down at WDW this or…

[Sirwalterraleigh]

How horrifying.

If we want nice new toys from Santa Claus on Christmas…Santa has to have some bankroll

And we need a new Santa

 

[Dranth]

The stock hung at the same
since the savior reappointed himself

Contrary to the S&P

There’s a direct correlation between this great gain and the buyback…the only thing guaranteed to juice a stock price. It’s steroids. Pretty simple.

The dividend was put there before…and the D+ prognostications have been around so long Wall Street got tired of them.

Not alot of money in any stream. It’s the buybacks.

Again, I don't disagree with you other than the assertion that buy backs are the ONLY reason. I don't even disagree that they may be the biggest reason. I just feel there is room for debate on how much vs. other factors.

The thing about buybacks is the investor expects more and more. It’s how companies become upside down…draining cash and racking debt so the shares go up.

Buybacks are almost never a good thing for the consumer and I think this one is a mistake but, from a business perspective, they can be done well and Disney has the cash flow to do this without increasing debt. Again, I don't think they should but unfortunately that is the system we have so more often than not shareholders come first, consumers come second.

 

[Sirwalterraleigh]

Again, I don't disagree with you other than the assertion that buy backs are the ONLY reason. I don't even disagree that they may be the biggest reason. I just feel there is room for debate on how much vs. other factors.


Buybacks are almost never a good thing for the consumer and I think this one is a mistake but, from a business perspective, they can be done well and Disney has the cash flow to do this without increasing debt. Again, I don't think they should but unfortunately that is the system we have so more often than not shareholders come first, consumers come second.

The buybacks are to save bobs job…plain and simple

The question is in a month…or six months…or a couple of years…what will that get us?

Be afraid

 

[Dranth]

Ive posted numbers before and this short term “success” people are touting is comical DIS has grossly underperformed during one of the biggest bull runs in history been dead money for anyone who has owned the stock not to mention the cost of missed opportunities elsewhere. As the saying goes people defending and talking up their position… plain & simple

Like I said before, it all depends on the time frame. You say it grossly underperformed and you would be correct looking over the specific time frame you have chosen to use. Great, but doesn't that seem like a bad time frame if trying to judge current management by the stock price (which many have tried to do)? So, looking at it just since Iger returned, which seems like a more reasonable time line to me, the stock is still under performing but it is much closer to the rest of the market than people try to make it out to be.

NONE of that is a defense of Iger.

 

[Splash4eva]

Like I said before, it all depends on the time frame. You say it grossly underperformed and you would be correct looking over the specific time frame you have chosen to use. Great, but doesn't that seem like a bad time frame if trying to judge current management by the stock price (which many have tried to do)? So, looking at it just since Iger returned, which seems like a more reasonable time line to me, the stock is still under performing but it is much closer to the rest of the market than people try to make it out to be.

NONE of that is a defense of Iger.

Of course we can make numbers and performances look better or worse if we want them too… but when you pick multiple time frames and make comparisons you pretty much get the same results… and i know the dividend is back but lets not forget we lost it for a decent amount of time …

 

[Tha Realest]

Back to the topic of this thread - a bevy of sudden spring/summer discounts have been announced, to Floridians and non-Floridians alike.

Did the Farmer’s Almanac predict an unusually hot summer?

 

[John park hopper]

Crowd calendar average to above average for the summer--IMO Disney just trying to pack in more people to make a $$$$$$$$$$ has nothing to do with the weather

 

[GhostHost1000]

I thought once the Taylor Swift US tour was over the parks would be much more crowded?

 

[Eric Graham]

Back to the topic of this thread - a bevy of sudden spring/summer discounts have been announced, to Floridians and non-Floridians alike.

Did the Farmer’s Almanac predict an unusually hot summer?

60-Day Extended Weather Forecast for Florida

www.almanac.com

 

[Eric Graham]

It goes into the forecast for summer also.

 

[Sirwalterraleigh]

Back to the topic of this thread - a bevy of sudden spring/summer discounts have been announced, to Floridians and non-Floridians alike.

Did the Farmer’s Almanac predict an unusually hot summer?

More unprecedented demand

Crowd calendar average to above average for the summer--IMO Disney just trying to pack in more people to make a $$$$$$$$$$ has nothing to do with the weather

Their summer attendance gets softer every year. And they can’t blame Covid anymore

Out of excuses. People still travel in the summer. Universal will be packed in 2025

It’s the product for the price

 

[GhostHost1000]

Probably those not wanting to pay the high prices and go through the stress of a Disney vacation with little new offerings and a lot being removed over the last few years

Let’s not forget inflation and most salaries not keeping up with it, so many choose to take a year off or do a less expensive trip elsewhere

 

[el_super]

Crowd calendar average to above average for the summer--IMO Disney just trying to pack in more people to make a $$$$$$$$$$ has nothing to do with the weather

I'm not able to keep up.... why is Disney a monster today? Making the park completely intolerable for anyone to visit or packing too many people that want to go into it?

 

[John park hopper]

Responding to comments attendance was down and the hot summer was keeping people away. Disney is a business to make $$$$

 

[Nubs70]

The buybacks are to save bobs job…plain and simple

The question is in a month…or six months…or a couple of years…what will that get us?

Be afraid

The buy backs may have had a little influence on stock price, However, the pressure from Petlz is having a greater effect.
Bob has finally been putting out expansion plans which Wall Street sees as expectations. If the plans come to fruition, that's a whole different story.

 

[Sirwalterraleigh]

The buy backs may have had a little influence on stock price, However, the pressure from Petlz is having a greater effect.
Bob has finally been putting out expansion plans which Wall Street sees as expectations. If the plans come to fruition, that's a whole different story.

Wall Street loves it when a company says they’re gonna make more money…but they hate it when it costs money to do so.

I wouldn’t trust that just yet

 

[Nevermore525]

Wall Street couldn’t care less about the parks sector of the company currently. There may come a time where it causes them concern, but that hasn’t been the case as of yet. They’ll still ask the occasional question but it’s not their primary focus.

 

[Eric Graham]

Here's an interesting story about the proxy fight from another source:

Disney paid shareholder ValueAct millions in fees as part of a prior relationship

Blackwells Capital says that Mason Morfit's ValueAct has collected $95 million in fees to manage Disney pension funds prior to backing management.

www.cnbc.com

 

[Sirwalterraleigh]

Wall Street couldn’t care less about the parks sector of the company currently. There may come a time where it causes them concern, but that hasn’t been the case as of yet. They’ll still ask the occasional question but it’s not their primary focus.

Ironic considering it’s a bigger piece of the pie each year.

But Wall Street doesn’t trade based on numbers anymore…it’s the spin and who buys it?

 

[Sirwalterraleigh]

Here's an interesting story about the proxy fight from another source:

Disney paid shareholder ValueAct millions in fees as part of a prior relationship

Blackwells Capital says that Mason Morfit's ValueAct has collected $95 million in fees to manage Disney pension funds prior to backing management.

www.cnbc.com

…shocking revelation that they’re all lying