only a meltdown in derivatives and credit crunch would cause 50% drop, do you see that happening yet?... if not then you're right
Current P/E = 19:1 at approximately $5/share yearly earnings on $95/share pre-market price.
Gross revenue currently at $6B annually - Gross revenue has improved by approximately 6-8% yearly over the past several years and even given the cable bundling worries, subscriber revenues shouldn't fall off any cliff anytime soon.
If Star Wars is even as successful as Episode 1,2, and 3, which weren't "great" movies, Disney gross revenue will still increase by $2B, or 33%, over the following 16 months. If it is great, and it should be given JJ Abrams is involved, 2016 could see revenues as high as $4B higher than current for Disney.
At a fairly conservative 15:1 P/E ratio, earnings of 33% higher would equate to about $100 where it currently sits. At 20:1 P/E, which Disney is perfectly capable of achieving, price would be around $133. That's if it doesn't knock anyone's socks off.
If Star Wars is more successful and earns $4b in ticket sales and merchandising, earnings could go to $8.30/share. With a 15:1 ratio we get $124/share. At a 20:1 P/E it comes to $166/share.
That's all if the world doesn't end first, of course. Otherwise, now would be the time to pile into Disney. Sure, it may go down to $80 based on this stupid unwarranted selloff, but I wouldn't count on it because people will be looking to get out of riskier small caps and pile into solid blue chips. Bonds are still not yielding anything and Disney offers a solid dividend if nothing else.
I hate to be the bearer of bad news, but I just saw the DOW futures for Monday (USA) on Bloomberg "live" TV from Hong Kong down over 450 points at 11:20 pm NY time, buckle your seat belts it's going to be a rough ride in the morn.
I started a long position at 102ish, but i'm waiting a while to add. Looks bad for Monday morning. Futures are crazy, anything could happen over night, but I am waiting for much lower to add.
Yeah all the FAKE TRADERS were buying DIS last Friday. That is why it didn't move that much and was in the green part of the day when the DOW was down 500...all the Fake Traders LOLOLOL....
Sentiment: Strong Buy
obviously just started trading in late 2011 or have bad memory.......or just plain moron who thinks he can trade a REAL LIVE NORMAL MARKET.
Many lessons to be learn in coming months by the FAKE TRADERS................
what a killing i made...huge...at little cost.
i may put a tiny bit of it and go long one day.
but man what a call ,almost to the penny .
and u gave me nothing but skorn,
most still waiting for 120 after starwars...lmao...enjoy because riding stuff like this to long in dangerous markets is a perfect storm.............."greedy is good"....but ..".morons are bad"
I was able to buy 100 more shares at $96.80 Friday morning about 20 min into the open
Sentiment: Strong Buy
And your overly pessimistic, and selling your stocks is exactly what not to do when the market is down over 500 points. You actually should be buying. Sounded like you panicked. Hope you just didn't get into your short oil trade cause I think your playing with fire....like I said as long as interest rates remain low in which they will be for a long time. Stocks are the place to be, and DIS is a great company to own. IMO
Sentiment: Strong Buy
You are optimistic. I own DIS however, I see too much risk in macro economic condition to be a buyer. we'll see where china goes. I believe 30% more downside. we'll see what happens in emerging markets. I believe more pain. S&P PE still well above historical averages. Looking for market down another 600-800 pts. Even companies that were holdig up are being hit. we'll see where oil goes. holding above 40. if coses below 40, could see 32. I cleaned out all the #$%$ stocks I owned and am in FANG, VIX calls, BIS, and oil short etfs. I am a long but I need to make money in the interim.
The fed is out of weapons. If it has to keep the punch bowl spiked with no end in sight, I don't see how you think that is a good thing for the economy. It badly needs to raise rates while it can, what better time than the decline in commodities.
But of course, you think DIS is a good investment here, so I don't understand your logic anyway.
his call at 121 on cnbc for 130 is caca on his face and the firm.He should be fired.benji is a fool and should be shorted all the time.like his yellow pages call a few years back