News Round Up 2017

[jknezek]

Is that how analysts/board rooms look at it?

That won't lead to a panicky, misguided crush for quarterlies, right?

Yes. The serious analysts look at it this way. The guy on CNBC that likes to scream and yell and panic retail will say something different. The guy at CALPERS is going to look at Disney with a lot more sophistication. Disney isn't a growth stock, it's a dividend stock. Let retail panic today. Institutional investors will be the ones that drive a change in that range, so until you see it happen, they aren't panicking.

 

[lockedoutlogic]

@lockedoutlogic - your Disney/ESPN analysis is like "Winter is Coming." Love it.

One thing that everybody around here knows (but few admit)...is that there is too much "yin" and not enough "yang"

 

[lockedoutlogic]

Yes. The serious analysts look at it this way. The guy on CNBC that likes to scream and yell and panic retail will say something different. The guy at CALPERS is going to look at Disney with a lot more sophistication. Disney isn't a growth stock, it's a dividend stock. Let retail panic today. Institutional investors will be the ones that drive a change in that range, so until you see it happen, they aren't panicking.

I'm not talking Kramer or the "medium return" guys who used to work for Smith Barney...

I'm talking about Robert Iger...what reason does he have to even still be there?

 

[rteetz]

If we could move the Disney stock discussions to another thread that would be great.

 

[jknezek]

I'm not talking Kramer or the "medium return" guys who used to work for Smith Barney...

I'm talking about Robert Iger...what reason does he have to even still be there?

Who knows why he's still there other than they supposedly can't find someone to replace him. But it's not like his options vest the day he retires or he will sell every share on that day. His pay grants are already set for however long this contract runs. The option strikes are already set. The vesting schedule is set. Sure if the stock goes to 120 he can make more, but it doesn't have to happen tomorrow or next month. He can hold that stock for the rest of his life waiting for it to top 120 and borrow against it for cash if he ever needed the extra pocket change.

In fact, he's probably better than a new CEO would be about the next quarter numbers because they matter so little to him overall. His legacy is mostly set so long as the stock doesn't crash. A new guy would need, or at least very strongly prefer, big numbers his first few quarters even if it cost a bit in the medium term. He needs to make the splash.

People try and make very complex things simple. It usually leads to faulty logic. This 4% "stock crash and burn" or however the headlines have screamed about it today is insignificant and irrelevant. It's an over-reaction to something that all the major players already knew was coming down the pipeline. If the big money mangers thought the future for Disney was significantly bleaker, the stock would already have moved lower. The move from 115 to 105 pre-announcement was the important part. This is just short term retail reaction.

 

[jknezek]

If we could move the Disney stock discussions to another thread that would be great.

Sorry. That last post was already in progress.

 

[MissGina5]

I just wish I knew what was taking The Edison so long, I am getting very worried about it being up in October when I am there haha

 

[rteetz]

I just wish I knew what was taking The Edison so long, I am getting very worried about it being up in October when I am there haha

I don't think it will be open in October. They say late 2017 which leads me to believe November/December.

 

[lockedoutlogic]

If we could move the Disney stock discussions to another thread that would be great.

Don't worry...it's going on there too

 

[MissGina5]

I don't think it will be open in October. They say late 2017 which leads me to believe November/December.

I was afraid of that

 

[wareagle57]

News

Operating hours changes for DHS during final GMR days

http://wdwnt.com/blog/2017/08/holly...-movie-ride-closing-operating-hours-extended/

Over/Under on the peak wait time for GRM? I'm going with 120.

 

[umichigan10]

Over/Under on the peak wait time for GRM? I'm going with 120.

I'll over that. It was already 50-60 when I was there last week

 

[TwoMisfits]

Over/Under on the peak wait time for GRM? I'm going with 120.

I'd go 210...

 

[rteetz]

News

Epcot’s Heritage Inspires New Merchandise for 22nd International Food & Wine Festival

 

[rteetz]

Photo Update

DCA Update

http://micechat.com/168144-disneyland-resort-photo-update-august-10th/

 

[rteetz]

News

Bambi celebrates its 75th anniversary with a new MagicBand

 

[skier_pete]

News

Epcot’s Heritage Inspires New Merchandise for 22nd International Food & Wine Festival

Oh damn - that Dooney and Bourke figment purse just probably cost me (or more properly my wife) $200. Thanks Disney!

 

[rteetz]

News

The Tokyo Disneyland Speedway vehicles have been spotted at the Magic Kingdom. The Tokyo speedway closed earlier this year to make way for a Fantasyland expansion.

https://www.instagram.com/p/BXlySCkjPNa/

 

[jknezek]

News

The Tokyo Disneyland Speedway vehicles have been spotted at the Magic Kingdom. The Tokyo speedway closed earlier this year to make way for a Fantasyland expansion.

https://www.instagram.com/p/BXlySCkjPNa/

I guess gas powered is here to stay.

 

[jade1]

Either way interesting that attendance is up at the domestic parts vs a year ago

Hope not at WDW, lower crowds have been nice.

News

Parks and Resort revenue increased 12% to $4.9 billion and operating income increased 18%

wow