ROFR Thread April to June 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[ABE4DISNEY]

Disney reported a steep decline in profit as many segments of its ... Its second quarter profit dropped 91% to $475 million, down from $5.4 billion a year earlier.

Source: https://www.nytimes.com/aponline/2020/05/05/business/bc-us-virus-outbreak-disney-results.html

Yes, and they omitted their dividend.

 

[CastAStone]

Yes, and they omitted their dividend.

Chapek talked explicitly about conservation of cash. ROFR does not conserve cash.

 

[rich dream vacations]

On today's earnings call the Disney CFO implied to conserve cash that major capital expenditures will be postponed or cancelled. Should be interesting to see what DVC new resort builds and existing resort renovations happen and if so when?

 

[ScubaCat]

Macman123---$142-$28400-200-BLT-MArch-0/19, 400/20, 200/21- sent 5/5

Could you please reformat that with the link in post#1? Thanks

 

[ScubaCat]

Yes, and they omitted their dividend.

Chapek talked explicitly about conservation of cash. ROFR does not conserve cash.

On today's earnings call the Disney CFO implied to conserve cash that major capital expenditures will be postponed or cancelled. Should be interesting to see what DVC new resort builds and existing resort renovations happen and if so when?

If only there were a place we could engage in a discussion of that separate from resale contracts in ROFR...

 

[macman123]

Could you please reformat that with the link in post#1? Thanks

You mean like this?

macman123---$142-$28400-200-BLT-March-0/2019, 400/2020, 200/2021, sent 5/5, passed TBA

 

[E2ME2]

You mean like this?

macman123---$142-$28400-200-BLT-March-0/2019, 400/2020, 200/2021, sent 5/5, passed TBA

I think you're also to include the closing costs & MFs in your total $$...

 

[Ben@M1CK3Y]

Ben@M1CK3Y---$138-$11450-75-CCV@WL-Jun-0/19, 73/20, 75/21- sent 5/5

 

[pkrieger2287]

I can confirm that DVC Store also did not see any ROFR's taken by Disney in April 2020. I'm compiling the data they sent me now.

 

[ScubaCat]

You mean like this?

macman123---$142-$28400-200-BLT-March-0/2019, 400/2020, 200/2021, sent 5/5, passed TBA

Closing costs and maintenance fees aren't included in the total. It should have prompted you. Oh well! I should probably troubleshoot that but not too worried about it these days.

 

[Walker TR]

When buying resale, do you think it is necessary to pay for a title search and title insurance on the contract?

 

[ChipNdale8887]

When buying resale, do you think it is necessary to pay for a title search and title insurance on the contract?

Isn't this something the closing company does?

 

[Walker TR]

Yes, the closing company does this, I noticed on my contract that I received, it had an option to pay for the title search or not do a title search. I get it with a home purchase, I was just wondering regrading a small DVC contract.

 

[Noles235]

Has ROFR come to a crawl or has no one been posting updates this week?

 

[Steph01002]

Steph01002---$154-$23750-150-VGF-Feb-0/19, 0/20, 150/21- sent 5/5

Husband once said I could buy GF if it went below $155. He probably thought it wouldn’t happen. Now to see if Disney takes it.

 

[tputorti]

Has ROFR come to a crawl or has no one been posting updates this week?

No. Mine cleared yesterday and I posted the update.

 

[eccobleu]

eccobleu---$158-$12460-75-VGF-Jun-0/19, 16/20, 75/21, 75/22- sent 5/1

 

[ElizabethS22]

elizabeths22---$148-$32,563-200-VGF-FEB, 222/20 (22 banked) 200/2021, sent 4/22

this includes loan closing fees as well. I am still awaiting for ROFR

 

[Brianstl]

elizabeths22---$148-$32,563-200-VGF-FEB, 222/20 (22 banked) 200/2021, sent 4/22

this includes loan closing fees as well. I am still awaiting for ROFR

Cheapest VGF I have seen so far. Just about 22% less than what VGF was going for back in August. You saved over $9,000 vs buying back in August.

 

[Steph01002]

elizabeths22---$148-$32,563-200-VGF-FEB, 222/20 (22 banked) 200/2021, sent 4/22

this includes loan closing fees as well. I am still awaiting for ROFR

Awesome per point cost! And with current UY points!