Agree on many levels, however everyone keeps talking about the stockholders and $$. Well although I am a low end stock holder...I do watch the numbers and last summer it was up to 197 and as of today it is 146...(at one point last week it was in the 130's). It has consistently dropped since last summer with no real rally either. So it doesn't seem like he is pulling in the numbers with his changes? Yes they are doing better the last two quarters, however compared to last year, that shouldn't be much of a success? Any economic majors here, please explain to a lowly science teacher that doesn't really get the whole stock market numbers thing....
Agree on many levels, however everyone keeps talking about the stockholders and $$. Well although I am a low end stock holder...I do watch the numbers and last summer it was up to 197 and as of today it is 146...(at one point last week it was in the 130's). It has consistently dropped since last summer with no real rally either. So it doesn't seem like he is pulling in the numbers with his changes? Yes they are doing better the last two quarters, however compared to last year, that shouldn't be much of a success? Any economic majors here, please explain to a lowly science teacher that doesn't really get the whole stock market numbers thing....
..And they will continue to Post because there is a segment of people that have not gone back YET.
There is no easy way to explain it succinctly within the confines of a message board. But keep in mind that the stock market is, for the most part, forward looking. And the reason the stock bounced so high early in the pandemic (when the parks and movie theaters were closed and a huge drag on the bottom line of the business) was because of the better than expected launch of Disney Plus. Then, when the projections of subscriber growth slowed last year, the stock fell sharply. Today, Disney announced that they believe they are back on track with the original projections. To put it in perspective, Disney is anticipating Plus will gross in excess of $25 billion a year within a few years (which is within shouting distance of double what the theme parks generate and will equal more than half of its entertainment generated revenue). There are other factors impacting the short and long term stock price, but Plus is the elephant in the room. If it does well, the stock will continue to do well. If it does not, forget it. The stock likely wouldn't plummet, but it would languishAny economic majors here, please explain to a lowly science teacher that doesn't really get the whole stock market numbers thing....
I haven't owned DIS continuously ince 2000, but I have held and/or traded shares almost every year since the mid nineties. A 400% return in twenty years is nothing to sneeze at!!! Especially since its not a true growth stock (the streaming service notwithstanding).
I understand what you're saying, and no it's not horrible but it's a laggard. There's no other way to look at Disney as compared to so many other similar companies and ETFs. Just look at SPY. Past 5 years Disney up less than 40% Spy over 90%. It's just the biggest glaring example simply because SPY is an easy purchase for most instead of individual stocks. But I can do this on and on and on. I bought into Disney as I believe many have...because of the affinity towards the company, but I've also known it to never have been a darling of Wall Street for whatever reason. It is what it is perhaps at some point it takes off and makes up lost ground because of Dis+ but it's hard to tell at this point.
What exactly do you think his job is as the CEO?
I've owned Disney stock for 42 years and this is the first time that I've been motivated to actually submit a vote.
I think this entire argument is built on false assumptions.
