DIS Shareholders and Stock Info ONLY

[mom2rtk]

Pretty much every stock is down today.

By the same margin?

 

[Marionnette]

By the same margin?

DIS is currently down 3.57%. DOW is down 2.28%. NASDAQ down 3.93%. S&P down 3.28%.

 

[wabbott]

https://variety.com/2022/tv/news/dana-walden-disney-peter-rice-bob-chapek-1235292485/

Jun 13, 2022 8:35am PT - By William Earl

Dana Walden Addresses Disney Shakeup, Vows to Make Studio ‘The Very Best Home for Talent’
New Disney TV chief praises her ousted former boss Peter Rice as 'gifted executive'

 

[RivShore]

DIS is currently down 3.57%. DOW is down 2.28%. NASDAQ down 3.93%. S&P down 3.28%.

And really since D+, Disney has acted more like a tech stock than a stodgy old Dow media stock.

 

[RivShore]

By the same margin?

A five day chart shows all related stocks and the Nas basically in sync. Disney is actually running better than Warner and Netflix and within a point or 2 of Sony and the NASDAQ.

 

[clarker99]

A five day chart shows all related stocks and the Nas basically in sync. Disney is actually running better than Warner and Netflix and within a point or 2 of Sony and the NASDAQ.


View attachment 675984

It is a perfect storm. Inflation, war, record energy costs, rising borrowing rates and an impending recession.

The Fed doesn't announce the quarters GDP numbers till July 28. Not sure we are even close to a bottom here.

EDIT: The 10yr yield hit 3.35% which is the highest since 2011.

 

[New Mouse]

A five day chart shows all related stocks and the Nas basically in sync. Disney is actually running better than Warner and Netflix and within a point or 2 of Sony and the NASDAQ.


View attachment 675984

I don't understand why people insist on comparing them to Netflix they are nowhere near the same.

 

[RivShore]

I don't understand why people insist on comparing them to Netflix they are nowhere near the same.

That is actually Disney's (or at least Iger's) stated goal when D+ was rolled out - to have the WS analysts apply the same high earnings multiple that Netflix had...before the free money stopped flowing that is.

 

[wabbott]

That is actually Disney's (or at least Iger's) stated goal when D+ was rolled out - to have the WS analysts apply the same high earnings multiple that Netflix had...before the free money stopped flowing that is.

When Netflix starts doing ocean cruises, operating amusement parks, and owning/operating movie production studios, THEN they should have equal comps.

 

[clarker99]

That is actually Disney's (or at least Iger's) stated goal when D+ was rolled out - to have the WS analysts apply the same high earnings multiple that Netflix had...before the free money stopped flowing that is.

Comparing the streaming aspects of each company makes some sense. I don't understand why Wall street only focus's on D+ numbers and ignores ESPN+ and Hulu. They are all streaming services.

In the end, comparing them as like for like companies is irresponsible.

 

[RivShore]

Comparing the streaming aspects of each company makes some sense. I don't understand why Wall street only focus's on D+ numbers and ignores ESPN+ and Hulu. They are all streaming services.

In the end, comparing them as like for like companies is irresponsible.

True, and it is just the streaming part of the company that should be compared on a multiple basis. I included it in my comparison chart because WS treats them in a similar way - i.e. when Netflix got beat up for subsriber losses, disney took a slightly less beating that same day

For company comparisons it's hard becuase there is nothing else like Disney - No company has old media + streaming + movies + parks + hotels + cruises + sports +consumer products + a few I'm not thinking of. Comcast has some, Warner has some, Sony has some, Netflix has some. There's no perfect comparison but the intent of my chart was just to show that it is not a Disney specific drop.

 

[Spaceguy55]

I don't understand why people insist on comparing them to Netflix they are nowhere near the same.

here's one reason per this article that shows why..at least in traders minds.
https://www.piratesandprincesses.net/disney-ipl-disney-plus-subscriber-loss/

 

[clarker99]

here's one reason per this article that shows why..at least in traders minds.
https://www.piratesandprincesses.net/disney-ipl-disney-plus-subscriber-loss/

If Disney was making money off that deal they would have re-upped. Streaming live sports with no advertisement dollars on top means they need a lot of subs to sign up and if India's ARPU is as low as break-even then it makes no sense to spend the money.

 

[wabbott]

https://fortune.com/2022/06/14/6-ke...k-pulling-the-trigger-on-top-exec-peter-rice/

6 key flash points that led to Disney CEO Bob Chapek pulling the trigger on top exec Peter Rice
By Sophie Mellor
June 14, 2022 8:12 AM CDT

• Too highly compensated?
• Brought in Fox blood
• Cultural tension with Mouse lifers
• Budgeting questions
• Renewed 2 struggling shows
• The potential successor

 

[RivShore]

https://fortune.com/2022/06/14/6-ke...k-pulling-the-trigger-on-top-exec-peter-rice/

6 key flash points that led to Disney CEO Bob Chapek pulling the trigger on top exec Peter Rice
By Sophie Mellor
June 14, 2022 8:12 AM CDT

• Too highly compensated?
• Brought in Fox blood
• Cultural tension with Mouse lifers
• Budgeting questions
• Renewed 2 struggling shows
• The potential successor

I guess I expect to much from a business site but this reporter also tried to blame recent Disney stock dips on the Rice departure. I mean have they freaken looked at the market lately??

 

[wabbott]

I guess I expect to much from a business site but this reporter also tried to blame recent Disney stock dips on the Rice departure. I mean have they freaken looked at the market lately??

Writer's gotta write, even if it makes little sense, lol. It is interesting to see some more information dribbling out on the why of Rice's dismissal.

 

[RivShore]

Writer's gotta write, even if it makes little sense, lol. It is interesting to see some more information dribbling out on the why of Rice's dismissal.

So true, especially in the click bait world we live in.

It is very interesting to see that there were many things that led to his dismissal, unlike the initial reports that made it sound like it was a hasty decision. I always thought there would be some culture clashes as Fox was fully integrated.

 

[john7994]

So true, especially in the click bait world we live in.

It is very interesting to see that there were many things that led to his dismissal, unlike the initial reports that made it sound like it was a hasty decision. I always thought there would be some culture clashes as Fox was fully integrated.

There is always multiple dimensions to every story ... so yeah, I also took the initial reports with a grain of salt. Its real nice and dramatic to paint the picture that Rice was brought in to Chapek's office and he was dismissed "for no reason" - at that level - there is always a reason. Clearly, Rice's replacement (Ms. Walden) was very gracious to her previous boss (Rice), but she was absolutely gushing about her new boss (Chapek) - so something was up.

 

[wabbott]

https://www.cnbc.com/2022/06/15/ret...nt3percent-decline-hammered-by-inflation.html

Retail sales posted unexpected 0.3% decline in May as inflation hammers consumers
Published Wed, Jun 15 20229:01 AM EDT
Jeff Cox@jeff.cox.7528@JeffCoxCNBCcom

Key Points

• Retail and food service spending posted a surprise 0.3% decline in May, below the estimate for a 0.1% increase.
• Spending at gas stations led but was offset by declines elsewhere, according to numbers that are not adjusted for inflation.

 

[RivShore]

https://www.cnbc.com/2022/06/15/ret...nt3percent-decline-hammered-by-inflation.html

Retail sales posted unexpected 0.3% decline in May as inflation hammers consumers
Published Wed, Jun 15 20229:01 AM EDT
Jeff Cox@jeff.cox.7528@JeffCoxCNBCcom

Key Points

• Retail and food service spending posted a surprise 0.3% decline in May, below the estimate for a 0.1% increase.
• Spending at gas stations led but was offset by declines elsewhere, according to numbers that are not adjusted for inflation.

And to counter that, theme park demand has seen no impact yet...

Universal theme park demand is exceeding capacity despite inflation, executive says​

https://floridapolitics.com/archive...ng-capacity-despite-inflation-executive-says/