Sirwalterraleigh
Premium Member
We all make mistakes. Just move on. It happens
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Orlando Becoming East Coast Headquarters for Disney Parks, Experiences, and Products
- Thread starter The Visionary Soul
- Start date
Fordlover
Active Member
It is relevant for me. I say if you want to get attention, start messing with someone’s money. My pathetically performing Disney stock is certainly on my mind. At least it was going back up today….
Sirwalterraleigh
Premium Member
The global economy. Rising costs. Tightening of credit. A $75 billion studio buy that has failed. A $5 bil plus a year loss on streaming. Instability in the foreign park markets. Slowing of box office receipts. Trouble/reduced returns in their 4 main studios.
…I’m getting to Florida politics soon…after an impending GLOBAL recession that cripples travel and discretionary spending…
All this will be tomorrow in “investing 102”
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Sirwalterraleigh
Premium Member
What did you buy it at?
Because it’s been overvalued for a decade and the water always finds it’s way to level. Sorry to break it to you…but I probably ranted this years ago and you could have been warned.
Figgy1
Well-Known Member
Question. Those are just theme park numbers correct? How much more does Disney bring into the state in hotel numbers? Sales tax dollars from merch sales? Restaurants? Does anybody have numbers on how many of those people stay on Disney property and drive up/Uber on one or 2 days of their trip?
Fordlover
Active Member
most of it was at 99 a share. Here’s to hoping a dividend return and getting the hungry Monster of streaming under control will get the stock back up to ~115 or so.
Fordlover
Active Member
Ha, I was drinking ALL the Disney Kool-Aid back then, would have defended WDC to then ends of the earth.
Sirwalterraleigh
Premium Member
I think you might want to hunker down…you’re looking at $40s if they can’t keep injecting their way out of recession
Sirwalterraleigh
Premium Member
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Ayla
Well-Known Member
He won't be out of the picture when he announces a potus run. He already had the law changed so he can stay Gov and run for potus.
The studios are a license to print money. Disney's brand and IP can't fail, because they're incredibly valuable. Certain movies only "disappointed" because the media deliberately put its thumb on the scale because nothing sells like "Disney in disarray," even when it's isn't quite true.
The Fox merger has not failed. It is a valuable, complimentary asset alongside ABC, ESPN, Lucasfilm, Pixar and Marvel. This is a solid group that cannot be broken apart without destroying everything else. Plus, Disney is a better home than Comcast ever would've been, especially for the Alien IP, because Neill Blomkamp's film might happen now.
Disney's stock is worth $250 a share, and Iger will get it there by his turnaround period's end. You'll see.
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Sirwalterraleigh
Premium Member
Sirwalterraleigh
Premium Member
…yeah…they swept that under the rug awhile back
This is certainly nothing like the disarray Eisner put it into at the end of his tenure, and things were genuinely in trouble. Everything is more or less fine, and only vultures in the press, angry shorts, and fanboy trolls who proclaim Kathleen Kennedy as the devil incarnate say that Disney is in trouble today. Because Disney is in a far stronger position today than it was 20 years ago when Roy and Stanley Gold led the revolt.
After all, they got the debt restructured so that only $5.5 billion is on the immediate books, and the cost savings program will enable them to pay that off, and cash flow will take care of the remaining long-term stuff. Disney is not only weathering the storm, it is thriving, and it deserves the valuation that proves it.
How much is Hulu going to cost them?
Comcast is going to own a nice chunk of $DIS
If Comcast couldn't get it in a hostile takeover when it and Eisner were on their knees, they're not going to get any slice of it when it's a formidable 800-pound gorilla standing tall. Nice try.
Before you comment understand what your commenting on.
For your reference.
Comcast CEO says company will ‘more likely than not’ sell Hulu stake | CNN Business
Comcast is inching closer to selling its stake of Hulu to Disney, after Comcast CEO Brian Roberts said Tuesday that he thinks “it’s more likely than not” that his company will offload the streaming company in 2024.
amp.cnn.com
I'm quoting the idea that Comcast would own a chunk of Disney itself, which it seemed like you were saying, at least to my end. And I was pointing out that Comcast couldn't scoop it up at its weakest point, it can't pick it up now when it's standing tall and strong.Before you comment understand what your commenting on.
For your reference.
Comcast CEO says company will ‘more likely than not’ sell Hulu stake | CNN Business
Comcast is inching closer to selling its stake of Hulu to Disney, after Comcast CEO Brian Roberts said Tuesday that he thinks “it’s more likely than not” that his company will offload the streaming company in 2024.
A cash payment for Hulu, that's a different matter entirely, of course.
Disney does not have $9-10B in cash laying around. But they do have a lot of Treasury Stock…Before you comment understand what your commenting on.
For your reference.
Comcast CEO says company will ‘more likely than not’ sell Hulu stake | CNN Business
Comcast is inching closer to selling its stake of Hulu to Disney, after Comcast CEO Brian Roberts said Tuesday that he thinks “it’s more likely than not” that his company will offload the streaming company in 2024.
Hopefully it doesn’t go any lower. Could be a big Boone for Comcast, buy low sell high right?
Magenta Panther
Well-Known Member
It's laughable that some are blaming DeSantis for this decision by Disney, announced on the same day that the Starcruiser Hotel was cancelled. Obviously, both decisions were made because of financial reasons. Funny how some people can't seem to put two and two together. Although a lot of the palaver is based on political views, rather than reason...