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Post by BWV Dreamin on Jul 6, 2023 14:51:07 GMT -5
I didn't read the article because of the paywall, but I have seen what are probably similar articles lately. These opinions are usually based on the forecast for the next 12-24 months. I actually think DIS is a solid hold right now for the next 5+ years years. I have a hard time believing that all the brands and intellectual property won't drive solid profitability long-term. Hopefully Iger will turn around some recent poor management decisions. In saying all that, there are lots of other great investment options out there, so I am not necessarily buying up DIS right now. I just don't think its something you're dumping if you own it. Dunking on Disney seems to be a popular thing lately. Hard to argue with brp's take though. Fundamentally DIS has a few issues. 1. They are struggling to reach their base in many sectors 2. They are so diversified the kinda lost who they are. I look for ESPN spinoff of some sort to possibly address this as well as something with Hulu. 3. Insitutional investors are really demanding a return of the Dividend. 4. Leadership is in flux. All those add up to a minimum of do not accumulate. Maybe hold but I would argue, that without a dividend why would you give up on 5 years of earnings with that capital instead a selling and taking earnings on other stocks in the interim and get back in at similar value in 5 years if it looks like it is rising. Exactly, this…….. |
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Post by DougUSMC on Jul 20, 2023 11:43:04 GMT -5
I thought the main problem traced to the fact that their movies are performing dismally in the theater and streaming?
All of the movie studios fell off during COVID, but Disney is not recovering. Their last 3 movies have underperformed, and left the theaters early. They've had similar challenges on Disney+, which hasn't brought viewers to those movies and new series are having similar problems.
I don't know if the $1B underperformance across those 3 is true or not, but it has also been linked to reduced demand for their merchandizing, reduced visits to the theme parks, etc.
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Post by tomandrobin on Jul 24, 2023 10:27:18 GMT -5
I thought the main problem traced to the fact that their movies are performing dismally in the theater and streaming? All of the movie studios fell off during COVID, but Disney is not recovering. Their last 3 movies have underperformed, and left the theaters early. They've had similar challenges on Disney+, which hasn't brought viewers to those movies and new series are having similar problems. I don't know if the $1B underperformance across those 3 is true or not, but it has also been linked to reduced demand for their merchandizing, reduced visits to the theme parks, etc. Its been more then the last three movies. I think only one Disney Movie has made Money this year, which was Guardians of the Galaxy. 2023 will be financially the worse year for Disney movies ever. |
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Post by tomandrobin on Jul 24, 2023 10:29:52 GMT -5
At what point does Disney stock become a buy again?
$87-$88 seems like a bargain, but with all these financial hits coming, the massive debt, future Hulu buyout and no dividend.....I see more downside coming.
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Post by Brian5581 on Jul 24, 2023 15:24:35 GMT -5
At what point does Disney stock become a buy again? $87-$88 seems like a bargain, but with all these financial hits coming, the massive debt, future Hulu buyout and no dividend.....I see more downside coming. Good question. I tend to agree there still is definitely some downside to go. And nothing that looks like a surefire hit ahead, even disregarding the strikes. |
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Post by tomandrobin on Sept 6, 2023 14:37:20 GMT -5
Disney Stock is down to $81 a share today. I was planing to buy when it fell into the 70's.....almost there.
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Post by disney54us on Sept 6, 2023 17:57:39 GMT -5
I think you may get your wish, they are being sued by investors so $70’s does seem like it could happen.
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Post by henrycpa on Sept 7, 2023 6:31:31 GMT -5
I think you may get your wish, they are being sued by investors so $70’s does seem like it could happen. Knew it had to be coming. Simply bad board leadership and CSuite decision making. |
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Post by tomandrobin on Sept 7, 2023 7:27:11 GMT -5
Comcast and Disney is moving up its sale of HULU. The base buyout price was 9.2 billion (I think). Comcast wants that number revised to reflect its current value. Disney has around $11 billion in cash.
I think that Disney wants to move up the sale so that it can then unload some of its assets. Dragging out the sale, delays Disney selling off parts.
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Post by BWV Dreamin on Sept 7, 2023 12:09:55 GMT -5
I even have to question a stock buy at $70/share. I think I will get a better return with a new Poly2 purchase.
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Post by applegrcoug on Sept 7, 2023 22:55:48 GMT -5
Ouch. P/E of 65. That is over 2x of apple, meta or alphabet. Gold standard exxon is 10.
I might should sell...
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Post by tomandrobin on Sept 8, 2023 9:07:46 GMT -5
Ouch. P/E of 65. That is over 2x of apple, meta or alphabet. Gold standard exxon is 10. I might should sell... Ford has a PE of 11.67 GM is 4.60
Apple is 30.05 Tesla is 72.68 Nvidia is 112.13 IBM 62.95 Microsoft 34.60 Amazon 107.51
These PE metrics are wacky at times.
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