DIS TURBULENCE FIXED?
CEO Bob Iger returned to Disney last November but faced myriad challenges.
Iger said Disney was considering selling ABC and other TV assets.
According to Buffett, a good manager isn't enough to overcome a bad industry.
When a manager with a reputation for brilliance tackles a business with a reputation for bad economics, the reputation of the business remains intact. Iger's contract recently was extended through 2026, showing Disney's board has confidence.
KEY POINTS I AM LOOKING AT :
Walt Disney Co.’s shares have lagged the S&P 500 in recent years.
Disney is transitioning to relying more on a direct-to-consumer streaming model.
The company is focused on cost-cutting and profitability and exploring potential restructuring and divestment options.
DIS: is a diversified global media and entertainment conglomerate that operates several types of businesses, including theme parks, television production, filmed entertainment and direct-to-consumer streaming video
QUOTE FROM IGERS : Iger said they are moving on to building the business. “(This is) reinforced by the important restructuring and cost efficiency work we’ve done this year, and we’re on track to achieve roughly $7.5 billion in cost reductions.”
Disney shares broke out to the upside in 2019 ahead of the launch of its highly anticipated Disney+ streaming service. Disney shares hit their all-time intraday high of $203.02 on March 8, 2021, but now trade at around $99.00 as of 2/7/2024
THING THAT CAN PUH STOCK HIGHER : CONFIDENCE FOR INVESTORRS
Disney’s most recent stock split was a 3-for-1 split in July 1998
The streaming platform still has significant long-term subscriber growth potential, particularly in international markets. Disney’s deep content library of original series and movies and its large collection of cable TV, movie and theme park assets create opportunities to divest underperforming businesses and restructure the company to improve profitability and pay down debt.Opportunity to further monetize its large streaming subscriber base.
Potential to further grow its streaming subscriber count, particularly in international markets.
A deep, valuable content library and collection of top-tier TV, movie and theme park assets create restructuring, divestment and cost-cutting opportunities.
after earnings i would love to see the stock at about a low of 103 and a high 113 1- 2 months out prior to 4/18/2024
Iger said Disney was considering selling ABC and other TV assets.
According to Buffett, a good manager isn't enough to overcome a bad industry.
When a manager with a reputation for brilliance tackles a business with a reputation for bad economics, the reputation of the business remains intact. Iger's contract recently was extended through 2026, showing Disney's board has confidence.
KEY POINTS I AM LOOKING AT :
Walt Disney Co.’s shares have lagged the S&P 500 in recent years.
Disney is transitioning to relying more on a direct-to-consumer streaming model.
The company is focused on cost-cutting and profitability and exploring potential restructuring and divestment options.
DIS: is a diversified global media and entertainment conglomerate that operates several types of businesses, including theme parks, television production, filmed entertainment and direct-to-consumer streaming video
QUOTE FROM IGERS : Iger said they are moving on to building the business. “(This is) reinforced by the important restructuring and cost efficiency work we’ve done this year, and we’re on track to achieve roughly $7.5 billion in cost reductions.”
Disney shares broke out to the upside in 2019 ahead of the launch of its highly anticipated Disney+ streaming service. Disney shares hit their all-time intraday high of $203.02 on March 8, 2021, but now trade at around $99.00 as of 2/7/2024
THING THAT CAN PUH STOCK HIGHER : CONFIDENCE FOR INVESTORRS
Disney’s most recent stock split was a 3-for-1 split in July 1998
The streaming platform still has significant long-term subscriber growth potential, particularly in international markets. Disney’s deep content library of original series and movies and its large collection of cable TV, movie and theme park assets create opportunities to divest underperforming businesses and restructure the company to improve profitability and pay down debt.Opportunity to further monetize its large streaming subscriber base.
Potential to further grow its streaming subscriber count, particularly in international markets.
A deep, valuable content library and collection of top-tier TV, movie and theme park assets create restructuring, divestment and cost-cutting opportunities.
after earnings i would love to see the stock at about a low of 103 and a high 113 1- 2 months out prior to 4/18/2024
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