smell a bidding war? $DIS vs $AMZN. WHAT Other battles may we see out there?
Welcome back to the buyout speculation come on #dis
If you know some nice young person who should be setting up a retirement strategy, tell them to buy and accumulate Disney right now. It is a great stock at a good price (to repeat Mr. Buffet). If it touches 105, it is a very good price. If it approaches 100, it is a very very good price. And it is under 100, a great price. And under 95 - mortgage everything to the max.
My only proviso is that such a decline is a result of Disney's ESPN strategy not panning out, with continued decline in cable. But this has to be specifically detailed, not an analyst stating that there are concerns.
And the reason for my optimism is simply this - Disney has a pe of about 17 - 18 (using $6 for the present fiscal year, which is more than the analyst average but less than I think it will do), Next year the analysts have it doing about 12% more in profits. And Disney is buying back a lot of stock - in fact, the lower the price, the more stock it is buying back. It will have just over 1.5 billion shares by the end of the fiscal year.
A couple of points. The dollar has slumped a little. The euro is up to nearly 1.12 (it was under 1.05 for awhile). This means a few more dollars for movies. This could translate into an extra 10 cents per share in profits a year. I think it makes $7 for next year more likely, and gives a little more of a boost for this quarter.
And I was doing some more arithmetic. Disney is spending somewhere between $8 – 10 billion in stock buybacks. If that seemed like a lot, look at this in this way – that works out to as much as $6 a share - that is its profits this year – add this to the dividends, and Disney is paying out to shareholders more than it makes – I'm not saying that this is improper or unwise (it would be a different thing if they were paying more in dividends alone in dividends), but this is very aggressive. Disney (and Iger) must feel very very comfortable in this. They know that profits are going to increase. And they know that ESPN is going to be straightened out. They better be right.
This Dave guy really needs to go back to trolling Facebook. This is an investing blog.
Is DIS undervalued? This sort of setup suggests potential upside... have you guys heard of awesome-STOCKS. i started receiving their allerts and so far i am happy.
ABC - bias left wing fake news. Liberal baloney with a liberal bias twist. 👎
Disney has seen some hard luck. Alligator killing tourist at their theme park. ESPN being an anchor around their necks. And now pirates pirating their pirate movie. DIS shareholders have the patience of a saint.
This stock sucks :( bought it 2 December's ago at $112 just before the first Star wars movie and it went down to $88. Took over a year to get back to $112 which was thus January then sold it at $112 to break even because it's probably on its way back to $88.
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I think you might have saw your last buying opportunity. Things went a little smoothly overseas today. The markets may continue to calm down. And Disney will continue to prove itself.
Memorial weekend will be a key weekend. Will Pirates do well? Will it break $125 million Memorial Weekend. Will Guardians show some legs so that break $900 million, and approach $1 billion worldwide. Will BeautyBeast continue to glean some nice money in its closing days.
Please do well - I want it to break $1.75 in profits this quarter.
✔️Sell Disney stock top management full of brainwashed liberal democrats. Fake News liberal bias ABC is also a joke. Disney World is run down the prices are sky high and the food is overpriced and tasteless. How do I know my wife works at the dump and I get in free anytime I want but stay clear unless I have too take a relative visiting. Universal much nicer and Food is also expensive but tastes better then Disney bland overpriced food. Watch your kids by the water at Disney a small boy was eaten by a Gator last year so be careful. Now you know inside facts. You decide.
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Donald Trump : The Great President of America - Full Documentary. Edward Snowden doesn't appear as worried about the election of Donald Trump as half of Amer...
Collusion between the Democrat party and ABC News. Sickening.
Guardians is doing well (its over $630 million). It will do more than the first (about $770 million), but it may just fall short of $1 billion. It seems to be about 15% behind Captain America Civil War, which would put it around 950 million, but around 900 may be the final word. If it has legs like the first Guardians, there is hope for a higher number, but it seems to be holding more like a traditional Marvel movie (a lot upfront, with not much legs). None of this should be considered disappointing for a minor Marvel set of characters (and there are 7,000 Marvel characters out there), but a figure over $1 billion helps set a nice table.
I don't mean to be picky. Disney is happy with Guardians. No one should be disappointed with Beauty and the Beast. Pirates is shaping up as a good movie (worldwide gross should be over $750 million, and $1 billion is very possible). And we should expect a nice gross for Cars 3. If I am a little concerned, I was hoping that the three May/June movies would gross $3 billion eventually, but that looks a little too optimistic.
Purchased shares of Dis in 1990 for each of my kids. The return has been good with the 3-1 split and growth. Hope to see some tremendous growth as they make deals with companies who want content. It's a long hold stock in my opinion
Why would the boss of a huge corporation stand idly by while his employees at ESPN and ABC fail to do their part in making his company as prosperous as possible? It indicates he could be as incompetent as Eisner was, just had a lucky streak. Where is the inspiration This stock should have exceeded $140 and split 4 for 1 last year. Iger doesn't care but stockholders do.
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The Walt Disney Company NYSE $DIS Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.9 In other words, the correlation coefficient of the other stocks