StreetsofBeige
Gold Member
It is weird.I'm still continuously baffled by the complete lack of interest by Disney's investors in the performance of the company. Either 100% of shareholders of Disney are completely invested in The Message™ and are willing to lose infinity money to further their Woke Agenda™ or there is something seriously fucking wrong with the corporate governance of that company. I refuse to believe that 100% of Disney investors are perfectly happy with the financial performance of Disney and continue to vote for More of the Same despite the fact the company's stock is in the sewer system after being flushed down the toilet
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If I was a Disney investor I would be livid. Thank God I'm not
I guess the typical Disney stock holder doesn't give a shit, and the institutional holders (the ones who carry the weight) dont care either. They just go with the flow of whatever roller coaster ride of successful superhero and Pixar movies deflated by the trainwrecks, instead of pressuring the company to make steady success stories like way back when it seemed just about every cartoon movie would be a smash hit.
At my old company (big steady consumer goods company), it's the type of industry or company that will not be skyrocketing like a tech company, but the investors stick around for small steady growth and juicy dividends. I even asked why the company pays so much of their EPS in dividends and the reply from the VP is that the big investors commit to the company to get them and small stock growth potential. Add it up and it wont be a tech company, but steady eddie returns.
If the company chopped the dividend trying to hoard the money and not using it since the company is in mature categories you dont just spend the money buying up shit or making factories for no good reason, investors would bail. And any stock holders would feel the pinch. They arent sticking around for shitty growth. But they will when it pays a big yield.
Disney doesn't even have a good dividend ($1 = 1% yield right now). So their speech to investors would likely trend to stock appreciation growth and ROE metrics. But to get that, it seems Disney's movie/tv strategy is shotgun as many pricey superhero movies, TV shows, and cartoons and live action kids movies and hope more shells hit the bullseye than miss the target.
And never mind 5 years ago. 10 years ago. Same stock price. If you bought 10 years ago, you be breaking even on the stock and your only gain is some piddly annual dividends. You'd actually make more money putting it into a 2% term deposit at a bank.

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