DVC / Disney shareholders

[Jelly563]

I was just wondering if a majority of DVC members also invest in Disney stock ? With the recent blockbuster ticket sales of Beauty & the Beast, the tremendous amount of revenue DVC takes in buying direct, Frozen merchandise still HOT and the cost of booking a resort reservation, admission fees, the stock should be soaring..... (ESPN food is terrible but the channel is on everywhere I go). Just curious to know if there are other "double dippers" ??

 

[miTnosnhoJ]

Well, I have some index funds, and Disney is in the index.

 

[supersnoop]

Television is almost half the company. Any one movie shouldn't have a major impact on the stock price.

 

[drusba]

Own shares, not a recent purchase -- majority purchased after Disney dumped Eisner and Iger showed how much different and better he was going to be by purchasing Pixar.

Also, current success does not mean the stock necessarily "should be soaring" further. It has already increased quite a bit, ESPN is in a state of flux because of many abandoning cable, the galloping increases in prices for tickets, food, and most everything in the parks appears to be having a negative impact on total attendance, and Iger will be leaving in 2019 and no one has any idea who his successor might be. The stock price may increase further, along with most everything else, if real corporate tax relief is forthcoming, but thus far congress, even with a republican majority with a republican president, is proving itself to still be incapable of doing anything.

 

[carlbarry]

I have owned Disney stock for more than 20 years, well before I became a DVC owner.
Disney's corporate tax rate is about 33%. http://csimarket.com/stocks/singleProfitabilityRatios.php?code=DIS&itx
I'm not sure how cutting their tax rate to below what a citizen pays would help me as a stock holder, as my taxes would just go up to compensate for the loss of corporate income. However, I'm sure the heads of Disney would see a nice salary increase. Not that my former neighbor Bob Iger doesn't deserve an increase, since he probably can barely scrape by on his $43.9 million per year.
"Studio entertainment" accounts for 22% of Disney income. So having a couple of billion dollar pictures a year doesn't hurt the bottom line.

 

[Murron]

I first bought Disney stock in 1975 for about (I think) $22/share. Then after having children and trying to teach them investing, we bought more shares in their names around 2003 for 20 ish per share. We just let it ride. It did ok.

 

[IrishEye]

Yes, have individual stock as well as part of indexed funds. A bit worried Disney is cash heavy and the target for take over. We survived the Comcast attempt several years ago but hard to know the thinking with Igor insisting he is done in 2019.

 

[DizDaD7]

Yes, have individual stock as well as part of indexed funds. A bit worried Disney is cash heavy and the target for take over. We survived the Comcast attempt several years ago but hard to know the thinking with Igor insisting he is done in 2019.[/QUOTE]

 

[Chuck S]

I bought 50 shares just before the 3 to 1 stock split several years ago so 150 shares now. I'm holding onto them for now. Most of my investments is in rental properties.

 

[Simba's Mom]

I bought some stock shortly after 9/11, when it was $20 a share and tourism was not good. It was mostly to show my support that Disney would rise again. Come to think of it, it was about 3 months after the stock purchase that we became DVC members.

 

[crisi]

I have some (I think). I've bought and sold it a few times over the past 30 years. For me, it started as a sentimental investment (which is never a good idea). In the late 80s/early 90s it was an awesome stock to own (which was my sentimental investment). I sold and then bought again during the 2008 recession. It isn't one of my favorite stocks from a non-sentimental side - its OK, but I prefer things that I get a better dividend rate on or which still have significant growth potential (Amazon, Netflix and Facebook have all done better than Disney for me over the past several years).

 

[johnsgrl]

I owned stock before I bought DVC, and I still purchase it. I don't think one necessarily has to do with the other. We traveled to Disney frequently for years before buying and I have kept investing regardless of ownership or vacation plans.

 

[mdinme]

Bought DVC in 2012, bought 75 shares at some point after that. I'm Long Disney, but the stock isn't going to perform well during a recession or even small downturn in the economy. Every time a film does well it gives the stock and company great publicity and I really dont see that changing...buying Lucas out was a great idea that very few analysts agreed with ($4B) at the time. They already got their investment back and now can make a huge return everytime they roll out a film (and mechandise).

In short, in a bad economy DIS is worth $145B by my thinking...in a great one $225B. It closed today at $177B.

Stay Long.

 

[LionKingCPA]

Actually used some gains on Disney stock to buy our first DVC contract. Still own the stock though. I think the most pressing concern is to find a way to distribute espn to households that have "cut the cord" and caused the subscriber losses. All other divisions have done really well I believe.

 

[mrsR123]

One share since there were still suitable-for-framing stock certificates.