New trailer for Disney movie, Wreck-It Ralph 2: Ralph Breaks the Internet. Funny, an internet with no Netflix? Every other company shows up.
Perhaps the most underappreciated stock out there right now. People buying the stock for the content and IP, and those selling for its late push into an on-demand platform are missing Disney's most prized tool; scale. Much like Amazon back in 2014, the scale Disney has over its IP makes it a unique asset to own as it integrates old with new. At or near $100, DIS is a good long term bet. Easy $200 in 5 years or less.
The stock is getting hit on the T/TWX merger. Can't find a valid reason why, though. The idea that Comcast's potential bid for Fox`s assets will hamstring Disney`s efforts to combine and streamline old with new is overplayed and factually incorrect. Disney`s IP is diversified enough to attract a loyal set of customers (to begin with) onto its platform once it launches in 2019. Hereinafter, the company can look to buy other assets or create its own content (separate from the assets its own) just like Netflix has. In the end, the street doesn't care about turning a profit but how quickly can it grow its over-the-top streaming service. Crazy but that was has been at play even for big companies that are looking to revamp growth by integrating legacy businesses with new, hyper-growth stories. It's coming to a point were Disney will be just as well off creating its own content than acquiring it. With today's gap down is back to no man's land. Needs to close above $108 to draw any (additional) institutional money. Otherwise it will trade between $94 and $105. I am still a buyer for the long term.
`Walt Disney Co. raised its bid for Twenty-First Century Fox's movie and television assets to $71.3 billion, the companies announced on Wednesday.The new deal is $38 a share, up from Disney's $28 a share offer in December, and rivaling Comcast's $35 a share all-cash bid last week. Comcast's deal is valued at $65 billion.` That's a a sky-high valuation for those assets irrespective of how much scale Disney gains through the vertical integration. I would have much rather preferred to see Disney walk away from the initial offer it made in December, collect the $1.5B in termination fee Comcast would have payed them and invested the same $52.5B + $1.5B in original content. Disney has the talent and wit to originate its own content separate from the movie franchises it owns. But investors seem to have taken the news in stride since it would streamline the company's efforts to create and distribute over-the-top content. $108.00 remains a key level to draw institutional interest.
The crown jewel of Disney's media networks segment is ESPN. It dominates domestic sports television with its 24-hour programming on ESPN, ESPN2, and its growing sister networks. ESPN has exclusive rights with NFL and college football, and profits from the highest affiliate fees per subscriber of any cable channel. It generates revenue from advertisers interested in reaching adult males ages 18-49, a key advertising demographic that watches less scripted television than other groups.
Great company that is beginning to get some traction after three years of lackluster performance. It still remains the most under-appreciated stock in the market. The comments I first shared on July 12th -- when the stock was trading between $108 to $109 (and even as far back as 2016 if you check this thread) -- still stand. As of this moment, this is the stock I like the most (in the entire market) given its risk profile and payout potential over the next 1 to 10 years. I have a $260 price target by 2023 (to begin with). This has the potential of becoming a $500B company, which given its current share structure, would equate to a $430/share stock. This weeks close above the descending trend line proves to be the definitive breakout bulls can finally claim a victory over. As long as $111.47 holds by the end of the year, the move off the lows has enough staying power to sustain a continuation of the uptrend into at least the first half of 2019. More importantly, a close above $116.53 allows DIS to transition into a new cycle -- governed by new trends -- giving plenty of runway into the latter years. I would stick with this stock and consider buying it as a long term hold. The acquisition of the FOX assets, while not entirely pricey if you account for the sale of some of the sports networks Disney will have to undergo in order to get approval from the other 15 regulatory agencies, makes it less costly than what appears on paper. Still, the price Disney payed for these assets isn't what matters. What matters is the scale Disney will commandeer, allowing it to establish itself as one of the top three content providers and distributors in the market similar to the scale Amazon began to shore up back in 2014. The market for on demand content is so big that a Disney, Netflix, Amazon, CBS, Dish, Viacom can all compete and still reap the rewards. Netflix enjoyed the benefits of becoming the first entrant, but that phase is now gone. From here on out its all about who has brand power, pricing flexibility and who can best distribute or license its content in multiple platforms and venues. Disney is the best equipped and has all three. If you add the $120 billion E-sports market craze that is beginning to grab mass appeal, of which Disney will serve as the platform and licensee, you have the hallmarks for value and growth story unlike any other company offers today. If you add on top of this the entertainment, theme park and consumer products divisions Disney has, your essentially owning the most diversified company in the world (second to Alibaba and/or Amazon). Note: I didn't even mention the value of the properties Disney owns around the world.
Looking like it may finally be time to go...just 4 days after a bearish engulfing candle. Relative strength in weekly chart: It has broken its downtrend and looking to start an uptrend. Looks like it has a higher low in place.
Dis on the chart weekly. Tenkan crossed the Kijun from below, at a blunt angle. This speaks in favor of opening long positions. The price is grouped above the Tenkan. I think it is necessary to buy from the rollback, setting a pending order for Tenkan.
Disney+ Is A Plus For Disney Stock Disney unveiled its latest streaming service, Disney+, which will have a massive library of existing content as well as a hefty amount of original content from big-name brands. It's a huge, global rival to Netflix, which is losing a lot of Disney content this year. At $6.99 a month, Disney+ will undercut Netflix prices.
10% pop on that announcement. $7/month.. not bad, but I sense that will be increasing as soon as you are hooked.
I feel like this pop will fizzle. Its a great move here, but this only kicks off in November, and until then its all speculation about how many people will subscribe to the service.
On the pull back for sure, I would not be chasing this move. We have known about the streaming service for a long time.
i fixed your chart so it displays on your post. i was having to click to view. thanks for sharing. and i agree w/ sj-e that this looks good on a pullback. but here? nah, it's run a bit too far too fast jmo.
Report is tomorrow. If it does dip, beware that this may be less of a breakout, and more of a peek-above-and-fail inside a long channel. Weekly chart:
Aka utad (upthrust after distribution) (also known as) Good lookin out.. on the bullish side, todays colse was still above yesterday's open.. not sure you could say that for many others
DIS GAAP EPS of 3.53 beats by 1.97, lol that's a nice one. This should be fine for bulls. Looks like they are making the revenue stream more balanced too. "Just" $400M decrease from Q1 to Q2 (last year was $800M decrease, 2 years ago was $1400M decrease)
