News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[Stripes]

Plus, there was a leak when Peltz was ahead. So his logic ignores the facts.

David Faber hinted this morning that Blackwells has been leaking the vote count. Faber has contacts at Disney.

 

[The Mom]

I've removed the recent personal attack/sniping at each other posts. You all know better.

Also, could posters not go off on a movie tangent? Yes, movie profits are part of the big picture, but discussion of individual moves, actors, etc are not and belong in the Box Office thread. Thank you.

 

[monothingie]

We went through this nonsense yesterday, too. A small early morning price drop was proof that the market really wanted Peltz to win - until 11 AM rolled around and the price started to go up again and finished up for the day while the major indexes were all down. Yeah, DIS is down a whopping 0.40% at 10:38 AM. Comcast is down 0.74% as of the same time. Have people not noticed that stocks fluctuate regardless of which way they're trending?

I'm confused, if the market wanted Peltz to win, why did the big institutional investors throw their money behind status quo?

Stocks can meander on an ordinary day when nothing happens. But something is happening today.

 

[Chip Chipperson]

Why not leak fake leaks? Maybe that is happening?

Realistically, that doesn't make sense unless the leaks are from someone outside the company trolling a gullible reporter. If Peltz was never leading, there is no incentive for Disney to falsely leak that he was. And if he ever did have a lead, then it's not a false leak - which leads back to that twitter poster falsely claiming that there would be no leaks if Peltz was leading.

 

[DCBaker]

An interview with Bob Iger and David Faber will air on CNBC tomorrow, April 4, at 9am ET.

 

[Andrew C]

An interview with Bob Iger and David Faber will air on CNBC tomorrow, April 4, at 9am ET.

These always underdeliver for me. Iger is so well rehearsed and stays on script...

 

[Kamikaze]

We went through this nonsense yesterday, too. A small early morning price drop was proof that the market really wanted Peltz to win - until 11 AM rolled around and the price started to go up again and finished up for the day while the major indexes were all down. Yeah, DIS is down a whopping 0.40% at 10:38 AM. Comcast is down 0.74% as of the same time. Have people not noticed that stocks fluctuate regardless of which way they're trending?

People who don't understand stocks talking about stocks always leads to stuff like this.

The stock is within $1.50 of its 52 week high. Theres no 'dump' going on.

 

[Dranth]

I'm confused, if the market wanted Peltz to win, why did the big institutional investors throw their money behind status quo?

Stocks can meander on an ordinary day when nothing happens. But something is happening today.

Something might be happening but short of some kind of surprise, the results are likely already baked into the current price. We'll know for sure in a few hours.

 

[Kamikaze]

I'm confused, if the market wanted Peltz to win, why did the big institutional investors throw their money behind status quo?

Stocks can meander on an ordinary day when nothing happens. But something is happening today.

Stocks can also do nothing on a 'big' day for a company as well. Apple, for an easy example, is infamous for not getting any 'bumps' from product announcements even though they guarantee a ton more sales.

 

[monothingie]

Something might be happening but short of some kind of surprise, the results are likely already baked into the current price. We'll know for sure in a few hours.

I agree, it’s back to the dreary short-mid term prospects for the company in 2024 and 2025z. Short of announcing a successor to Bob or some gimmicks to boost the stock price, there is nothing there. Wall Street won’t care about TBA or Encanto Land or Toy Story 7.

 

[Disstevefan1]

Soon this will be over, Iger will take his win, and TWDC can move on.

What's this all mean for specifically WDW going forward? Nothing.

 

[Sirwalterraleigh]

Cancelling projects is not the same as reneging on promised CapEx, especially those promises made during actual reports/meetings. They have not done that (COVID excluded).

“Things change” covers really everything

Though it’s in their best interest to pour alot of money in the current environment

 

[Sirwalterraleigh]

I agree, it’s back to the dreary short-mid term prospects for the company in 2024 and 2025z. Short of announcing a successor to Bob or some gimmicks to boost the stock price, there is nothing there. Wall Street won’t care about TBA or Encanto Land or Toy Story 7.

It’s very unlikely we see any sort of major stock change in the short term as it stands now

 

[monothingie]

It’s very unlikely we see any sort of major stock change in the short term as it stands now

Until Proxy Fight 2: The Peltz strikes back.

 

[Disney Analyst]

People who don't understand stocks talking about stocks always leads to stuff like this.

The stock is within $1.50 of its 52 week high. Theres no 'dump' going on.

Looking at daily is a silly task anyway, need to look at trends and big picture. Stocks fluctuate throughout a day, and DIS is not fluctuating by much.

YTD looks pretty good, good trends.

 

[mikejs78]

Stocks can also do nothing on a 'big' day for a company as well. Apple, for an easy example, is infamous for not getting any 'bumps' from product announcements even though they guarantee a ton more sales.

There's also the possibility that there is some profit taking going on. Maybe Peltz is selling his stock.

 

[britain]

Stocks can also do nothing on a 'big' day for a company as well. Apple, for an easy example, is infamous for not getting any 'bumps' from product announcements even though they guarantee a ton more sales.

Yeah, Apple announcements are treated by the market like, “Uh, of course you are going to keep the iPhone gravy train going. We expect you to. It’s already baked into your share price.”

 

[Kamikaze]

“Things change” covers really everything

Though it’s in their best interest to pour alot of money in the current environment

Unless you have an example of them not delivering on CapEx numbers they have promised (again, excluding COVID), then you're making a point that doesn't exist.

Until Proxy Fight 2: The Peltz strikes back.

This already is the second time.

 

[Sirwalterraleigh]

People who don't understand stocks talking about stocks always leads to stuff like this.

The stock is within $1.50 of its 52 week high. Theres no 'dump' going on.

A dump is highly unlikely today…

Keep an eye out over the next weeks/months though

A dump is quick profit. That happens all the time with far less dramatic events as the proxy fight with Disney.

Pumps also lead to relatively quick profit. It’s just as likely things climb first.

All of this is a numbers game. It’s not based on product performance or longterm prospects. That’s a stock market that no longer exists.

 

[monothingie]

This already is the second time.

It never made it to an actual attempt because Peltz backed off.

Proxy Wars 1: The Peltz Awakens
Proxy Wars 2: The Last Peltz
Proxy Wars 3: The Rise of Peltz