GhostHost1000
Premium Member
Poor Bob has been working so hard finding his successor for years.…bob is gonna get fired…
And he left your parks in shambles. And his stream is a loser
Do you need some Kleenex?
Poor Bob has been working so hard finding his successor for years.…bob is gonna get fired…
And he left your parks in shambles. And his stream is a loser
Do you need some Kleenex?
People are opening their wallets and or maxing out credit cards to support the economy even with high inflation . Some take out loans to pay to live above their means which is plain bonkers. From April to June the economy grew 2.8% while Dow and Nasdaq are doing very well growing net worth for long time investors. The real estate values of homeowners are doing very well also. To actually afford to buy at current prices is another story.Just as a comparison: https://cruiseindustrynews.com/crui...an-reports-2024-q2-earnings-dividend-is-back/
The part that was interesting to me for Royal Caribbean: Net Income for the second quarter of 2024 was $854 million or $3.11 per share compared to Net Income of $459 million or $1.70 per share for the same period in the prior year. Adjusted Net Income was $882 million or $3.21 per share for the second quarter of 2024 compared to Adjusted Net Income of $492 million or $1.82 per share for the same period in the prior year.
Looks like people are still spending money on vacations.
Marie
Nothing but crickets when it comes to replacing him while he gets the full support of the Disney Board for him to continue being in charge.Poor Bob has been working so hard finding his successor for years.
That right there looks like some wishful thinking. Set aside being a fan for a moment and look at it from a large institutional investor perspective. You are interested in reduced costs, increased operating income, new and replacement revenue streams. Bob has been giving them all of that. You don't care if the stock goes down for a while because it gives you a chance to buy more at a lower price.…bob is gonna get fired…
And he left your parks in shambles. And his stream is a loser
Do you need some Kleenex?
He has his board trained and fooled…for the second time.Nothing but crickets when it comes to replacing him while he gets the full support of the Disney Board for him to continue being in charge.
Nothing but crickets when it comes to replacing him while he gets the full support of the Disney Board for him to continue being in charge.
True but the early investors that bought shares in the early 1970s to date , stock is up 96,000 %. I would like to be in that position.He has his board trained and fooled…for the second time.
Stock down 50% since 2021 and they fully support him tells you all you need to know about him and that board.
…right…real intensive search going onEven if he was spending 100% of his time on his replacement, it still would be crickets.
Its hard to find fall guy #2 he can throw under the bus for his mistakes…right…real intensive search going on
This is exactly the kind of comment I keep talking about.He has his board trained and fooled…for the second time.
Stock down 50% since 2021 and they fully support him tells you all you need to know about him and that board.
…there’s always the joker for Napoleon BatmanIts hard to find fall guy #2 he can throw under the bus for his mistakes
Even if he was spending 100% of his time on his replacement, it still would be crickets.
So Comcast results pulled DIS down but today it seems Comcast recovered a bunch and DIS is not their cup of tea?I wouldn't even be surprised come next week to find out the market is overreacting and drove the stock down too far on the comcast results. I also wouldn't be surprised if Disney was somehow worse.
It what world is terrible performance attributed to someone who has been around 20 years…already left once…and it’s gotten worse since…???This is exactly the kind of comment I keep talking about.
In what universe do you think investors are going to hold Iger responsible for a drop when he wasn't running the company? They care about since he has returned and what they think will happen going forward. Chapek was in charge when the stock dropped 77% from its highs and Iger was full on retired during most of that. In order for Iger to even hit the same levels of stock apocalypse that Chapek oversaw DIS will need to hit $20.00 a share. Right now, since his return, it is down 2.3% under Iger and it is only recently it has been down at all.
Anyone who thinks a CEO is going to get canned (minus doing something publicly problematic) over a 2% drop is living in a complete and total fantasy.
…when someone has repeatedly told you who they are…believe themHonestly, I'm not sure I disagree. BUT, people are definitely going to have thoughts on this because of how it has gone with him. He never had a replacement before he up and quit a random day right as Covid hit. He came back on a 2 year contract with that being his #1 priority. He then does NOT do this, and gets another 2 years to get it done. So people are treating not hearing anything now the same as us never hearing anything the past times (or, only hearing of guys being mentioned then ousted from the company). He has just over 2 years til he needs to renew his contract again or have a replacement. The idea I always thought was he wanted time to train a replacement, so really it may be just over a year to get a fully vetted person approved by the board.
Just as a comparison: https://cruiseindustrynews.com/crui...an-reports-2024-q2-earnings-dividend-is-back/
The part that was interesting to me for Royal Caribbean: Net Income for the second quarter of 2024 was $854 million or $3.11 per share compared to Net Income of $459 million or $1.70 per share for the same period in the prior year. Adjusted Net Income was $882 million or $3.21 per share for the second quarter of 2024 compared to Adjusted Net Income of $492 million or $1.82 per share for the same period in the prior year.
Looks like people are still spending money on vacations.
Marie
Honestly, I'm not sure I disagree. BUT, people are definitely going to have thoughts on this because of how it has gone with him. He never had a replacement before he up and quit a random day right as Covid hit. He came back on a 2 year contract with that being his #1 priority. He then does NOT do this, and gets another 2 years to get it done. So people are treating not hearing anything now the same as us never hearing anything the past times (or, only hearing of guys being mentioned then ousted from the company). He has just over 2 years til he needs to renew his contract again or have a replacement. The idea I always thought was he wanted time to train a replacement, so really it may be just over a year to get a fully vetted person approved by the board.
It's possible, but keep in mind we were supposed to hear it for the last 2 years before he was extended again. As I say when people ask me playoff predictions for hockey teams, if there is a long history of not making the playoffs, I will never bet money on this being the year. They very well might (and should), but if I was forced to bet on it, I wouldn't make the bet on it happening.I think there's a chance we hear about a replacement candidate sometime in the first two Qs of the new fiscal year.
This is exactly the kind of comment I keep talking about.
In what universe do you think investors are going to hold Iger responsible for a drop when he wasn't running the company? They care about since he has returned and what they think will happen going forward. Chapek was in charge when the stock dropped 77% from its highs and Iger was full on retired during most of that. In order for Iger to even hit the same levels of stock apocalypse that Chapek oversaw DIS will need to hit $20.00 a share. Right now, since his return, it is down 2.3% under Iger and it is only recently it has been down at all.
Anyone who thinks a CEO is going to get canned (minus doing something publicly problematic) over a 2% drop is living in a complete and total fantasy.
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