DIS Shareholders and Stock Info ONLY

[Moliphino]

Well he may have been right about Captain Marvel, as that movie was terrible.

I enjoyed it and still rewatch it sometimes.

 

[clarker99]

Great to see that this thread has devolved into every other thread on this site.

Was hoping this thread was different and could stay on topic. Talk about the stock, show some data/trends and talk about the earnings calls but nope.

Fire alarm hot takes, irrational negativity and a hint of misogyny about female leads.

 

[PolymerSkywalker]

Perlmutter is directly related to stock price, how is he not applicable?

 

[Jason_V]

Was hoping this thread was different and could stay on topic. Talk about the stock, show some data/trends and talk about the earnings calls but nope.

I've followed this thread for a while and not really commented on anything. I guess I'll throw my $.02 in at this point.

I started grabbing stock back in 2022 when the stock was around $156 a share. I'm not swimming in money or anything, so it was a small dribble of buying shares. Got a smidge over 14 shares as of today with an average purchase price of $118 and change.

Yes, the stock is down right now...and I keep buying. Why? Every time I buy any stock, I am reducing my average purchase price and theoretically getting closer to break even or a gain. Right now, I'm about $530 away from that point.

Sure, the company has a lot of things going on and lots of areas for improvement. But I'm not down on it in any way. I'll keep buying and get closer to a gain than a loss for me. What do I base this on? Nothing bad lasts forever (strikes will end, Marvel and SW will get their movie acts together, etc.) and I want to be ready for the rebound.

 

[clarker99]

I've followed this thread for a while and not really commented on anything. I guess I'll throw my $.02 in at this point.

I started grabbing stock back in 2022 when the stock was around $156 a share. I'm not swimming in money or anything, so it was a small dribble of buying shares. Got a smidge over 14 shares as of today with an average purchase price of $118 and change.

Yes, the stock is down right now...and I keep buying. Why? Every time I buy any stock, I am reducing my average purchase price and theoretically getting closer to break even or a gain. Right now, I'm about $530 away from that point.

Sure, the company has a lot of things going on and lots of areas for improvement. But I'm not down on it in any way. I'll keep buying and get closer to a gain than a loss for me. What do I base this on? Nothing bad lasts forever (strikes will end, Marvel and SW will get their movie acts together, etc.) and I want to be ready for the rebound.

This is it. Do I think Disney is a growth stock? No. But I feel the stock is under-valued by quite a bit at its current price. The ebbs and flows of the stock market will find the sun shining on $DIS again. It is a profit machine and soon the dividend will be back.

 

[Jason_V]

This is it. Do I think Disney is a growth stock? No. But I feel the stock is under-valued by quite a bit at its current price. The ebbs and flows of the stock market will find the sun shining on $DIS again. It is a profit machine and soon the dividend will be back.

That's the other thing I'm thinking about: the dividend. Whether it comes back this year or next or whatever, I'm still accumulating shares while they're "on sale" which will get me dividends in the future.

And I do believe the dividend is coming back. I know they said it will happen this year, so we'll see.

 

[Jwaire]

Sure, the company has a lot of things going on and lots of areas for improvement. But I'm not down on it in any way. I'll keep buying and get closer to a gain than a loss for me. What do I base this on? Nothing bad lasts forever (strikes will end, Marvel and SW will get their movie acts together, etc.) and I want to be ready for the rebound.

I don't share the same rosy outlook as some on this thread. The Walt Disney Company has serious issues, many of which were caused by current management. It's going to take a while to fix and there's more storms brewing on the horizon.

There are some tough decisions that are going to have to be made about the linear networks and streaming. Relying on DPEP to bail you out is not a long-term strategy. The company is suffering from some creative issues particularly with Marvel and live action.

However, I remain long on DIS. It ranks up there with Apple and Coca-Cola for me. It's an American icon and deserves to remain an independent company free from activist investors and Wallstreet trying to piece it out for parts.

It's time for Iger and Co. to step up and get this under control. Name a successor, get your budgets under control, re-invest in your domestic parks and stop blaming your consumers.

We'll know more about the future of DPEP in the morning. I hope Josh D'Amaro blows it out of the water.

 

[PolymerSkywalker]

100% agree with the last few optimistic statements. Disney will dig out of this hole at some point.

 

[peder]

Sears was also an American icon And I'd argue that Warner Bros was also an American icon, but execs/shareholders let that brand basically evaporate.

There's a lot of value with Disney IP, but they can't afford endless missteps.

 

[Jason_V]

Sears was also an American icon And I'd argue that Warner Bros was also an American icon, but execs/shareholders let that brand basically evaporate.

There's a lot of value with Disney IP, but they can't afford endless missteps.

Big difference, at least based on what I know:

Sears started sticking their hands in things they should not have in the 1980s, which sucked up funds and didn't return a lot. They also failed to modernize their stores. (You might make the same argument with Disney and Disney+/Hulu, but in the end, they were already in the space with their cable channels.)

Warner Brothers has also been passed around like a hot potato over the years, ownership wise. They're also primarily a movie/TV show studio and streamer without all the other pieces to buoy them if needed. And the head of their company makes more missteps with Chapek did, which is saying something.

Disney does need to get it's act together...100% and acknowledged up thread.

 

[buzlite]

I think there are some flaws in the way Disney is being evaluated. There is a loud group of people that believe Disney is "theirs" but who actually spend very little money as consumers of Disney products. However they become very upset when A) Disney increases prices and B) Disney markets to different audiences.
Then there is another group of Disney consumers who spend much more on Disney products but are the quiet majority. They are constantly being told Disney's product is bad by group 1. Due to all the negative press it appears these people are choosing to spend their money elsewhere.
In the end Disney plus has been an epic failure that has cannibalized their Movie Studio. Group a says movie bad. Group b waits till it comes to d+ before watching.
Disney needs to focus aggressively on its core brands with high quality products that are produced slower.
Promote movies with less CGI that benefit from being seen on the big screen, fewer releases and longer theatre windows. Use Disney plus to promote brands and push the most successful ones to make blockerbusters with cinematic exclusives. Finally they need to cut house of anyone purposefully self sabotaging like Perlman.
We need Steve Jobbs not Steve Balmer.

 

[GAN]

That's the other thing I'm thinking about: the dividend. Whether it comes back this year or next or whatever, I'm still accumulating shares while they're "on sale" which will get me dividends in the future.

And I do believe the dividend is coming back. I know they said it will happen this year, so we'll see.

Going totally off the top of my head but the dividend was nothing much to get excited about -sure, it’s something but no one is getting rich off a DIS dividend. If you want dividends I could roll a dozen off without blinking. Not being critical …it’s just not a “dividend” stock

 

[Jwaire]

Price increases are inevitable in any industry. Quality and service decline is preventable. Mismanagement by corporate directors is long-lasting.

Back to DIS:

"According to Moffett, Charter is setting up a QR code that takes its pay TV customers directly to signup pages for virtual pay TV services Fubo and YouTube TV, which do carry ESPN."

https://www.nexttv.com/news/how-rea...ay-night-football-fans-to-fubo-and-youtube-tv

If this is true, Charter is basically giving up on its paid TV service.

But the question I have is why?

I'm up to four Internet Service Providers (3 fiber, 1 cable) in my neighborhood. This summer, I've watched as my yard has been dug up 3x to run fiber lines and I live in a mid-size suburb in a very rural state. That doesn't even include things like StarLink that are coming.

Serious competition is coming for these cable providers. What's the end goal here? Why would you try to dump on your paid tv subscribers now? I would understand if this was 5 years ago and you were one of two ISPs in town, but that's quickly changing.

 

[irlandaise]

Price increases are inevitable in any industry. Quality and service decline is preventable. Mismanagement by corporate directors is long-lasting.

Back to DIS:

"According to Moffett, Charter is setting up a QR code that takes its pay TV customers directly to signup pages for virtual pay TV services Fubo and YouTube TV, which do carry ESPN."

https://www.nexttv.com/news/how-rea...ay-night-football-fans-to-fubo-and-youtube-tv

If this is true, Charter is basically giving up on its paid TV service.

But the question I have is why?

I'm up to four Internet Service Providers (3 fiber, 1 cable) in my neighborhood. This summer, I've watched as my yard has been dug up 3x to run fiber lines and I live in a mid-size suburb in a very rural state. That doesn't even include things like StarLink that are coming.

Serious competition is coming for these cable providers. What's the end goal here? Why would you try to dump on your paid tv subscribers now? I would understand if this was 5 years ago and you were one of two ISPs in town, but that's quickly changing.

As that article says, "Charter no longer sees video as a means of profitability but rather a tool to drive its core internet connectivity business. And at this point, it seems less concerned about preserving its remaining pay TV bathwater than the 'baby' of mobile and wireline broadband connectivity."

Although, as you note, there's more competition in Internet provision now, Charter has a whole lotta existing subscribers and inertia says not many will jump ship. If those subscribers sign up for more and more streaming services, they're going to want a higher Charter tier. And since, unlike Comcast, Charter doesn't own any cable TV channels, they don't have to worry about losing revenues for those if people cut the cord. So they can drive people to more expensive Internet service plans and not worry much if people drop cable TV service along the way.

Disney will get some revenues from streaming services that carry ESPN, but I bet not as much as the $9/month or whatever it is now that cable companies have been paying for ESPN. (Do they have to keep paying Disney while ESPN is off the air???)

The Disney execs might be breathing a small sigh of relief that with the Hollywood strikes delaying the fall TV season, it isn't a disaster that ABC is off of cable TV in some of the country's largest markets, including NYC and LA. But if production resumes and ABC is still unavailable in those markets, Disney will hurt.

 

[Jwaire]

So they can drive people to more expensive Internet service plans and not worry much if people drop cable TV service along the way.

I guess I just consider ISPs to be a commodity at this point. You pick the fastest and/or cheapest in your neighborhood once and don't give much thought to it again until you move.

Disney will get some revenues from streaming services that carry ESPN, but I bet not as much as the $9/month or whatever it is now that cable companies have been paying for ESPN.

I don't know what the breakdown is on that, but the Hulu Live TV bundle is as expensive as cable (runs around $80+ per month) and it's going up later this year.

The Disney execs might be breathing a small sigh of relief that with the Hollywood strikes delaying the fall TV season, it isn't a disaster that ABC is off of cable TV in some of the country's largest markets, including NYC and LA. But if production resumes and ABC is still unavailable in those markets, Disney will hurt.

That's an interesting take. Although you could just put up a cheap OTA antenna in those markets and easily enjoy Monday Night Football if you didn't have streaming.

 

[clarker99]

Going totally off the top of my head but the dividend was nothing much to get excited about -sure, it’s something but no one is getting rich off a DIS dividend. If you want dividends I could roll a dozen off without blinking. Not being critical …it’s just not a “dividend” stock

Retail investors are not the people you are targeting with a dividend. It is the institutional investors who have millions of shares. They likely would have held the stock if it paid something out. Without it, it makes no sense to hold if trying to get your clients returns.

A Dividend also shows Disney is generating cash and in a healthy/stable financial position again. Pre-covid the dividend paid out in the neighborhood of $3b a year (someone will correct if wrong). From a shareholder POV the dividend is a positive, even if the dividend is small. Of course this just my opinion.

 

[irlandaise]

I guess I just consider ISPs to be a commodity at this point. You pick the fastest and/or cheapest in your neighborhood once and don't give much thought to it again until you move.

Which is exactly the inertia that I think gives Charter a big edge in areas where they have a legacy presence, despite other companies coming in.

I don't know what the breakdown is on that, but the Hulu Live TV bundle is as expensive as cable (runs around $80+ per month) and it's going up later this year.

But ESPN isn't on Hulu+Live, so its cost doesn't tell us anything about what Disney gets from Fubo and YouTube.

That's an interesting take. Although you could just put up a cheap OTA antenna in those markets and easily enjoy Monday Night Football if you didn't have streaming.

I've seen articles over the past several years about more people getting OTA antennas, but I doubt it's a large number. And many people live where they don't line of sight to nearby TV transmitters. OTA signal quality is outstanding (I have a small indoor antenna I switch to occasionally), but I don't see many people relying on it. And, of course, a lot of big sports games aren't even on broadcast TV stations any more. In fact, I just saw a TV commercial for Amazon Prime's Thursday Night Football airings a few minutes ago; as of this season, they have exclusive rights to those games.

 

[Elijah Abrams]

Price increases are inevitable in any industry. Quality and service decline is preventable. Mismanagement by corporate directors is long-lasting.

Back to DIS:

"According to Moffett, Charter is setting up a QR code that takes its pay TV customers directly to signup pages for virtual pay TV services Fubo and YouTube TV, which do carry ESPN."

https://www.nexttv.com/news/how-rea...ay-night-football-fans-to-fubo-and-youtube-tv

If this is true, Charter is basically giving up on its paid TV service.

But the question I have is why?

I'm up to four Internet Service Providers (3 fiber, 1 cable) in my neighborhood. This summer, I've watched as my yard has been dug up 3x to run fiber lines and I live in a mid-size suburb in a very rural state. That doesn't even include things like StarLink that are coming.

Serious competition is coming for these cable providers. What's the end goal here? Why would you try to dump on your paid tv subscribers now? I would understand if this was 5 years ago and you were one of two ISPs in town, but that's quickly changing.

I’m worried Charter and Disney will NEVER come to an agreement at all. They’ve laid their ties to rest. Now Charter will take its own cable TV operations off the air.

 

[TheDailyMoo]

I'm one of the stock negatives. I purchased a lot near it's highs. I'm down enough to have bought a few DVC contracts. Yes. I hate the stock. I hate the way the company is being run. And although I have averaged down a bit it is not a wise decision and I'll tell you why. If you don't want negativity maybe stop reading now...

I am almost certain I won't see my cost basis back for many many years if that. Although I only recently bought in a few years ago, I have followed this stock closely since 08. It has always languished. Wall Street is not a fan of it. It has always underperformed save for the post Covid boom but...well...we know how that story goes. But even most companies that came back down to earth are still flourishing close to their ATHs. You want a dividend? There are SO many safe stocks that will pay way better than the highest dividend Disney ever paid out. Go buy Verizon right now. Near historic lows after a huge hit piece on the big telecoms. It's paying 8%. Yes 8% and there's a very good chance you'll get a double from these prices back to their highs once the current mess becomes a non issue. Look I'm not giving financial advice...don't go and buy something just because an internet schmuck says it but I can almost guarantee you'll outperform with what I said versus buying Disney even at these "bargain basement" prices. You have to be able to step back so you can see the trees from the forest. You love Disney? Yeah so do I. You love the management? Why? You think it's being run optimally? I wouldn't even entertain conversation with anyone who thinks current management is doing the best job and nothing is wrong. They say where there's smoke there's fire? This is like someone drove a gas tanker through a nitroglycerine plant. So sorry for the negativity but I think it's somewhat warranted.

 

[Elijah Abrams]

Augh!

https://twitter.com/x/status/1700367125074874472