I saw this article about the $10 hamburger - but there is a couple of "high end" hamburger restaurants in my area and they charge more for a hamburger, although they provide fries and the article was a little less than explanatory on whether they provide fries.
They just introduced a $10 hamburger and people already waited in line over an hour to have one. DIS makes money hand over fist. The currently have 3 of the top 5 movies and this year they will have another 5 or 6 more blockbusters. There is no reason DIS won't be $130 in 6 months and probably back to $110 by next week.
Sentiment: Strong Buy
Its funny about 9 months ago I heard the steet say 130 would not be a problem then they came out 1 week before the star wars release with espn #$%$ dead sense then you must stay long to make money just outlast the shorts or say see ya espn dead money for now take the huge div ha ha
who cares I would have to buy more. I really think that the current quarter is way too strong to let the stock fade from this level much but if it does OK I buy more. I have better eye sight than most analyst I beat them all the time it is not hard either.
Yes, but there is still some cannibalization. For example, on valentine day cards - this year, one might buy three cards, all "star war cards" cards. Next year, one might buy one zootopia card, one jungle book, another avengers.
There is certainly room for expansion, but, as with the movies, they are eating each other up a little. Jungle book hurt zootopia, Avengers hurt Jungle book and zootopia, and Alice is going to hurt all three. And then we have Finding Dora, and then the BFG is getting great reviews. If Disney could have spaced these movies out a little better, they might have gleaned $100 million more, and, although this is an embarrassment of riches, they have only one movie on tap for September and October. Thankfully they are moving the star war franchises to December from May.
I only have a handful of call leaps in DIS. So I rarely visit this MB. So refreshing to see the positive dialogue and contributions focused on the stock. Keep up the good work, posters!
If you want to see an antithesis visit the MO board.
they don't like disney(content), they don't like netlfix(pipeline), they don't like hardware/softeware(apple), they don't like mobile hardware(apple), so chips are dead(intel, micron), they don't travel(expedia), they don't shop at the malls(gap, a & f),,, is there anything left to buy? lol
The Wall Street mentality has always been a herd story. When the herd begins to understand this may be the best content company in the history of the world it will turn in the long direction. ESPN is a great asset. It is not under performing but cord cutting has some impact for sure. The earnings timing was tough as the blockbusters results had not hit the income statement yet. The next quarter will be a prime indicator of the health and power of the Disney Brand. ESPN will be less of a distraction. Remember ESPN is the Crown Jewel of Sports content. Fox Sports is OK but the King is ESPN and management is beginning to focus on cutting the fat out. Things will be much better for the next 2- 3 quarters for sure. The stock should be much higher so buy now and the herd will turn and you will be on board for the lift. Too many MBA diplomas that never really worked on anything but money changing. Low experience and fear of losing their jobs so they go with the flow.
Sentiment: Strong Buy
because wall street people are #$%$.. they are still watching tv or paying cable, don't type their own emails..
Well, if we're talking legos, yes. But don't forget that legos aren't the only consumer products out there. Clothes, dolls, Halloween costumes, Valentines day cards, etc.
They are buying back a lot of shares. But the Shares Outstanding is at 1.63 billion - is that a reduction?
I believe on the cc they said that they had bought back about 44 million shares (maybe 40 - 43?). And I think that the shares outstanding figure is an average of the last 4 quarters. Since they have been steadily buying back stock (I think they bought another 20 - 25 million shares in the last fiscal quarter of last year), they might have an actual amount of under 1.6 billion.
That is certainly a good point. But, I am afraid of a little cannibalization on this front too - there are just so many licenses to give out - don't the Zootopia legos eat into the JB legos?