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DISNEY (DIS, 855686) - der größte Medien- und Unterhaltungskonzern
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Walt Disney Disney
WKN: 855686
ISIN: US2546871060
Symbol: WDP
Frankfurt (EUR), 17.05.13 | 18:09
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schrieb am 28.11.07 11:09:46
Hallo,
ich beobachte DIS schon ne weile, aktuell gehts nur abwärts, da
wohl die Investoren vermehrt von einer Rezession in den USA
ausgehen, was auf die Spendierlaune der Amis negativen Einfluss
haben könnte.
Wenn man von einer Konjunkturdelle ausgeht, dürfte DIS bei einer
beruhigung der aktuellen lage auch Kursmässig am Boden angekommen
sein...
eachstum immer so um 10-12%, allein die Divi von 1% stört mich ein
bisserl...
Ist jemand von Euchj investiert?
Hier noch eine schöne aktuelle zusammenfassung der DIS-Situation
aus der FTD.
Gruss space
Dossier Disney - Bezaubernd und verwünscht zugleich
von Jens Korte
In den USA ist gerade der neue Disney-Film \"Enchanted\"
(\"Verwünscht\") angelaufen. Er handelt von einer
Trickfilmprinzessin, die sich plötzlich im realen New York der
Gegenwart wiederfindet. Klingt hübsch - im wirklichen Leben
verzaubert die Disney-Aktie die Anleger derzeit jedoch kaum.
ANZEIGE
Ob Prinzessin Giselle auch den Weg an die Wall Street findet?
Prinzessinnen stehen zumindest hoch im Kurs. Der Markt rund um den
Mädchentraum ist auf rund 4 Mrd. $ angeschwollen. Das
Cinderella-Schloss wird täglich von Horden Drei- bis Sechsjähriger
in Ballkleidern bestürmt. Die Kleinen lassen sich die Nägel
lackieren, ein Make-up verpassen oder die Haare möglichst
majestätisch richten. Um das Marktpotenzial zu erweitern, zielt
Disney mit Prinzessinnen-Krippen oder Windelunterlagen jetzt auch
auf Neugeborene ab.
Die Investoren an der Wall Street waren von der Disney-Aktie im
bisherigen Jahresverlauf jedoch weniger verzaubert. Nachdem der
Kurs im April mit rund 36 $ den höchsten Stand seit Dezember 2000
erreicht hatte, ging es mit der Aktie in den vergangenen Monaten
abwärts. Dabei fielen die jüngsten Geschäftszahlen durchaus
vielversprechend aus. Trotz Anzeichen einer konjunkturellen
Abschwächung in den USA meldeten die Vergnügungsparks ein
Gewinnwachstum von neun Prozent im vierten Quartal. Die
Mediensparte schaffte sogar ein Wachstum von 25 Prozent und die
Sparte Consumer Products einen Anstieg um zehn Prozent. Lediglich
die Filmstudios konnten an die Erfolge wie \"Fluch der Karibik\"
aus dem Vorjahr nicht anknüpfen und meldeten einen Einbruch um 21
Prozent.
Der schwache Dollar, der gegenüber dem Euro erst in dieser Woche
auf ein neues Rekordtief gefallen ist, kam Walt Disney nicht
ungelegen. \"Zum einen ist die USA-Reise etwa für Europäer und
Japaner günstiger geworden. Zum anderen ist die Europareise für
Amerikaner teurer geworden\", sagt David Bank, Medienanalyst von
RBC Capital Markets. Weshalb der Familienurlaub häufig auf
Disneyland oder Disney World beschränkt wird. Allerdings kühlt die
US-Konjunktur ab. \"Bisher zeigt sich das bei den Besucherzahlen
noch nicht. Doch viele Investoren fürchten, dass sich das ändern
könnte. Diese Sorge hat die Aktie zuletzt belastet\", sagt
Bank.
Ähnlich wird die Situation für die Medien- und TV-Sparte
eingeschätzt. Im abgelaufenen Quartal verbuchte vor allem der
Sportsender ESPN Zuwächse. Ebenfalls zu Disney gehört der
Kabelsender ABC. Bei geringerem Wirtschaftswachstum oder eventuell
sogar einer Rezession in den USA dürften die Werbeeinnahmen
deutlich sinken. \"Disney ist ein Makro-Call\", sagt David Joyce,
Analyst von Miller Tabak. \"So wie die US-Konjunktur läuft auch die
Disney-Aktie.\" Im abgelaufenen Geschäftsjahr wurde der Gewinn
konzernweit von knapp 3,4 auf über 4,5 Mrd. $ gesteigert. Laut
Citigroup-Analyst Jason Bazinet wird der Gewinn 2008 auf unter 4,3
Mrd. $ abkühlen.
Als wachstumsreichster Geschäftszweig gilt der Consumer-
Products-Bereich mit dem Lizenzgeschäft. Walt Disney sei die
Premiummarke schlechthin im Unterhaltungssektor, sagt Analyst Bank.
Um die Marken besser zu nutzen, entwickelt Disney verstärkt eigene
Videospiele rund um die Kinofilme. \"Das Risiko ist zwar etwas
größer, als wenn man die Entwicklung Dritten überlässt. Aber dafür
ist auch der potenzielle Gewinn deutlich höher\", sagte Bank. Laut
einer jüngsten Bloomberg-Erhebung empfehlen 18 von 30 Analysten die
Aktie zum Kauf. Zwölf Analysten bewerten die Aktie mit halten. Doch
so wie Joyce und Bank schätzen für den Moment die meisten Experten
die derzeitige Situation ein: Sollte die US-Konjunktur weiter
abkühlen, gilt Disney nicht als das Investment der Stunde. Doch bei
einer Wiederbelebung der US-Wirtschaft könnte es einer der
Profiteure sein.
schrieb am 29.11.07 08:24:38
Bin gestern zur Börseneröffnung in NYC eingestiegen. war vieleciht
gar nicht schlecht der zeitpunkt...
Dividende wird gesteigert, zudem unten noch einen aktuelle
Chartbericht.
Gruss space
Walt Disney Boosts Annual Dividend To 35c From 31c
By Monica M. Clark
Last Update: 4:16 PM ET Nov 28, 2007
DIS boosted its annual dividend 12.9% to 35 cents from 31 cents.
The Burbank, Calif., family-entertainment and media enterprise said
the dividend is payable on Jan. 11 to shareholders of record Dec.
7. Walt Disney shares closed up 3%, or 97 cents, at $32.69. End of
Story
WALT DISNEY - Nachfrageseite meldet sich!
The Walt Disney Company (Nachrichten/Aktienkurs) - Kürzel: DIS -
ISIN: US2546871060
Börse: NYSE in USD / Kursstand: 32,85 $
Kursverlauf vom 05.09.2004 bis 28.11.2007 (log.
Kerzenchartdarstellung / 1 Kerze = 1 Woche)
Rückblick: Die WALT DISNEY Aktie befindet sich in einer
mittelfristigen Kursrallye. Anfang Mai brach sie auf ein neues
Mehrjahreshoch aus und etablierte eine Countertrendlinie als obere
Begrenzung. In der ersten Jahreshälfte 2007 prallte sie nach einem
neuen Hoch bei 36,79 $ an dieser Linie nach unten hin ab und
vollzog eine dynamische Zwischenkorrektur. Diese Korrektur fiel
noch in den 31,03er Bereich zurück. Diese Marke wurde gleich 2 Mal
erfolgreich getestet. Ausgehend davon stieg die Nachfrageseite und
die Aktie wieder an. In den letzten Handelstagen setzte die Aktie
erneut in diesen Bereich zurück und bietet demzufolge eine
Longchance mit verbesserten Chance/Risiko Verhältnis.
Charttechnischer Ausblick: Aufgrund der beschriebenen
Stabilisierung besteht durchaus weiteres Erholungspotenzial bis an
den Widerstand bei 36,79 $. Das negative Potenzial bis
möglicherweise 31,03 $ steht weiterhin zur Debatte und muss als
Restrisiko klassifiziert werden. Unter 31,03 $ sollte der Basiswert
nicht mehr gehen, hier könnten dann auch antizyklische
Longpositionen aufgelöst werden. Sobald die Aktie einen
mittelfristigen Kursanstieg über 35,42 $ vollzieht, dürfte sofort
unser langfristiges Kursziel bei 51,00 $ zum Tragen kommen.
Kurzfristig wäre bereits ein Kursanstieg über 35,42 $ als zartes
Kaufsignal zu interpretieren.
schrieb am 30.11.07 10:58:21
Disney Shares The Wealth
Walt Disney, coming off a better-than-expected quarter, will use
some of its growing profits to boost its payments to shareholders.
The company's stock, however, is still not the best-yielding play
in the entertainment sector.
Walt Disney (nyse: DIS - news - people ) hiked its annual dividend
by 12.9% to 35 cents per share. The dividend will be paid on
January 11, 2008 to shareholders who held Disney stock on December
7th, 2007.
"I’m delighted to say that 2007 was another outstanding year for
the company, marked by significant creative and financial
achievements," said Disney Chief Executive Officer Robert A. Iger.
"With our strong balance sheet, bolstered by record 2007 earnings,
Disney is in a good position to continue returning capital to
shareholders even as we invest for growth."
Despite the dividend increase, shares of Walt Disney fell 11 cents,
or 0.3%, to $32.58, on Thursday, as investors may have anticipated
the dividend bump.
"The 12.9 percent increase in its cash dividend is a positive for
Disney shareholders and in keeping with the pattern of increasing
the company's cash payout by $0.04 annually the last few years,"
said BMO Capital Markets analyst Jeffrey Logsdon.
Based on Thursday's share price, Disney's stock now yields 1.1%.
According to Revere Data, that puts Disney in the middle of the
pack for dividends among entertainment companies.
CBS (nyse: CBS - news - people )'s stock yields 3.7% annually. The
EMI Group (other-otc: EMIPY - news - people )'s stock yields 3.2%
annually. Viacom (nyse: VIA - news - people )'s stock yields 0.7%
annually.
Disney, headquartered in Burbank, Calif., is a diversified
entertainment company. It operates TV networks, theme parks, and
movie studios.
The company is benefiting from strong performances at its
television networks. During the fourth-quarter, sales at the
networks jumped 14.3% to $4.0 billion. Its networks include ABC and
ESPN. (See: "Disney Does Well, But Can The Magic Last?")
The division helped the company post better-than-expected profits.
It announced earlier this month a fourth-quarter profit on the
continuing operations basis used by analysts of 42 cents per share.
Analysts had expected 41 cents per share. (See: "Disney Does Well,
But Can The Magic Last?")
schrieb am 30.11.07 13:17:08
Disney reportedly to lift stake in India's UTV Software, take
management control
By New Delhi
Last update: 5:57 a.m. EST Nov. 30, 2007
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Quotes
NEW DELHI (MarketWatch) -- U.S. based Walt Disney Co. plans to
acquire an additional 11%-15% stake in India's UTV Software
Communications Ltd. for INR1,250 a share and gain management
control of the company, the Hindustan Times reported Friday, citing
unnamed industry sources.
Walt Disney, which acquired a 14.85% stake in UTV at INR200 a share
in August 2006, is likely to buy the fresh shares through a private
placement, the report said.
UTV Chairman Ronnie Screwvala and his associates currently own
30.67% of the company, and this stake will likely fall to 26% after
the sale of fresh shares to Walt Disney, the report said.
The deal is expected to close in December, the report added.
schrieb am 03.12.07 15:17:22
D-BOX TECHNOLOGIES INC.
D-BOX TECHNOLOGIES INC.
Attention Business Editors
D-BOX Closes Deal With Walt Disney Studios Home Entertainment
Beginning with "The Game Plan," Walt Disney Studios Home
Entertainment
will include D-BOX MOTION CODE(TM) on select High Definition
Blu-ray
Disc(R) titles
LONGUEUIL, QC, Dec. 3 /CNW/ - D-BOX Technologies Inc. (TSX-V:
DBO.A)
announced today that it has closed a licensing agreement with Walt
Disney
Studios Home Entertainment (WDSHE) to feature D-BOX MOTION CODETM
on select
Blu-ray Disc releases. D-BOX MOTION CODE(TM) will initially be
featured on
WDSHE's "The Game Plan," which will be available in high-def only
on Disney
Blu-ray Disc on January 22, 2008.
The addition of the D-BOX MOTION CODE(TM) to the high quality
picture and
sound of the Blu-ray format will transport movie-viewers in the
comfort of
their homes to a new dimension and let them be part of the movie.
Of course,
only those homes equipped with D-BOX motion generation systems will
enjoy the
full benefit of the Blu-ray Disc-embedded with D-BOX MOTION
CODE(TM).
"This is a very special time for D-BOX, as our technology will be
used by
another one of the largest movie studios worldwide," stated Claude
Mc Master,
President and Chief Executive Officer of D-BOX Technologies. "As a
Contributor
member of the Blu-ray Disc Association, we also want to show our
strong
support for the high definition Blu-ray format. We are very proud
of having
Walt Disney Studios Home Entertainment on board as it will
undoubtedly
accelerate the penetration of our technology worldwide and will
significantly
enhance our efforts to become a world standard in the entertainment
industry."
"With the amazing picture and sound quality of our High
Definition
Blu-ray titles, D-BOX MOTION CODETM Technology is the perfect
addition to
further engage viewers in an immersive experience," added Gordon
Ho, Executive
Vice President of Worldwide Marketing, Creative Content and
Business
Development for Walt Disney Studios Home Entertainment.
About D-BOX
D-BOX Technologies designs and manufactures high-technology
motion
systems destined mainly for the entertainment industry. Its unique,
patented
technology uses motion codes specifically programmed for each film,
TV program
or video game, resulting in motion that is perfectly synchronized
with
on-screen action. By forming strong industry alliances, D-BOX's
award-winning
motion technology is creating a global standard in the
entertainment world.
For more information, please visit www.d-box.com.
D-BOX(TM) is a registered trademark and Motion Code is a trademark
of
D-BOX Technologies Inc. Other names are for informational purposes
only and
may be trademarks of their respective owners.
Forward-Looking Statements
Certain statements included herein, including those that
express
management's expectations or estimates of our future performance,
constitute
"forward-looking statements" within the meaning of applicable
securities laws.
Forward-looking statements are necessarily based upon a number of
estimates
and assumptions that, while considered reasonable by management at
this time,
are inherently subject to significant business, economic and
competitive
uncertainties and contingencies. We caution that such
forward-looking
statements involve known and unknown risks, uncertainties and other
risks that
may cause our actual financial results, performance, or
achievements to be
materially different from our estimated future results, performance
or
achievements expressed or implied by those forward-looking
statements.
Numerous factors could cause actual results to differ materially
from those in
the forward-looking statements, including without limitation, our
ability to
achieve increased market acceptance for our product offerings and
penetrate
new markets; the existence of undetected errors or similar problems
in our
products; our ability to manage our growth; our ability to
compete
successfully; potential liabilities; maintaining our intellectual
property
rights and litigation involving intellectual property rights; our
dependence
on the expertise of our key personnel; and our access to sufficient
capital to
fund our future requirements. This list is not exhaustive of the
factors that
may affect any of our forward-looking statements. Investors are
cautioned not
to put undue reliance on forward-looking statements. All subsequent
written
and oral forward-looking statements attributable to D-BOX or
persons acting on
our behalf are expressly qualified in their entirety by this
notice. We
disclaim any intent or obligation to update publicly these
forward-looking
statements, whether as a result of new information, future events
or
otherwise. Risks and uncertainties about our business are more
fully discussed
in our Annual Report.
The TSX Venture Exchange does not accept responsibility for the
adequacy
or accuracy of this release.
schrieb am 04.12.07 07:28:52
Shanghai determined to build own Disney
Kathy Wang and Benjamin Scent
Tuesday, December 04, 2007
A competitor to the already troubled Hong Kong Disneyland may
emerge sooner than expected because Shanghai has expressed
determination to build its own Disneyland theme park starting 2010,
when it hosts the World Expo, according to mainland media
reports.
The proposed location for the attraction has switched from suburban
Chuansha town in Shanghai's Pudong district to Chongming Island,
the China Business Journal reported, quoting an unidentified
source.
Project investment has also increased to 40 billion yuan (HK$42.12
billion), from the previous plan of 30 billion yuan.
Negotiations for a Shanghai Chuansha Disneyland was stopped last
year when the probe into the city's pension fund began, the China
Business Journal said.
Walt Disney Corporation has resumed talks with the Shanghai
government recently for a possible shift in location, according to
the newspaper report.
Chuansha's main advantage is its location. Only 10 minutes away
from Shanghai Pudong International Airport, the easy access would
allow airport transit passengers to visit the park for up to 48
hours without needing a visa.
But as it is also within the Shanghai Pudong area, any future land
expansion would be very difficult.
Chongming Island, situated at the mouth of Yangtze River, has a
population of 650,000 and an area of nearly 1,200 square
kilometers. Its main advantage over Chuansha is that it is "virgin
territory," according to the report.
The undeveloped island is said to be more suitable for a theme
park, allowing it to adopt the same model as Disney World Orlando
in Florida and be a "back to nature" park.
The Chongming county government has had plans to develop the island
since 2004 and already set aside land for a theme park as part of
its plans to develop the economy in an environmentally friendly
way.
schrieb am 04.12.07 12:55:02
Walt Disney acquires iParenting Media
By Simon Kennedy
Last update: 6:11 a.m. EST Dec. 4, 2007
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LONDON (MarketWatch) -- Walt Disney Co. said Tuesday that its
Internet division has acquired iParenting Media in a deal intended
to add to its line-up of family-targeted Web sites. Terms of the
deal were not disclosed. "IParenting has built a strong, trusted
reputation among parents, and we feel the site is a perfect
complement to our overall portfolio," said Paul Yanover, managing
director of Disney Online
schrieb am 06.12.07 23:44:54
ist zwar nicht die riesen Position, aber immerhin:
Disney Director Buys Shares
Thursday December 6, 3:57 pm ET
Disney Director Orin Smith Buys 3,100 Shares
NEW YORK (AP) -- A director of entertainment company Walt Disney
Co. bought 3,100 shares of common stock, according to a Securities
and Exchange Commission filing Wednesday.
In a Form 4 filed with the SEC, Orin Smith reported he bought the
shares for $32.86 to $32.87 apiece.
Insiders file Form 4s with the SEC to report transactions in their
companies' shares. Open market purchases and sales must be reported
within two business days of the transaction.
Disney is based in Burbank, Calif.
schrieb am 10.12.07 07:37:45
Hier ne Analyse eines US-Brokers, ganz interessant. Übrigens, DIS
notiert heute in den USA exD.
THE STOCKPICKERS
Fund's managers swing wide for value
Sound Shore finding relative bargains in tech, health care and
media
By Murray Coleman, MarketWatch
Last update: 4:47 p.m. EST Dec. 9, 2007
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Quotes
SAN FRANCISCO (MarketWatch) -- In a tough year for value-focused
managers, the Sound Shore Fund's team is staying above water.
......
Walt Disney Co.
The managers are also bullish about Walt Disney Co.
Free cash flow is key to evaluating media firms, DeGulis says.
Disney's free cash flow is expected to equal about $2.35 per share
in fiscal 2008, which ends in September.
"That should be slightly above earnings of $2.15 a share," DeGulis
said. "That's a very healthy situation. Generally for the
S&P 500, free cash flow is about half of EPS."
The most misunderstood piece of the entertainment giant is its ESPN
property, he adds. It's part of Disney's cable networks unit, which
has grown from about $1 billion in operating profits in 2002 to a
forecasted $3.7 billion in fiscal 2008. "We expect that to
represent about half the entire company's operating profit,"
DeGulis said.
While ESPN is the engine, the Disney Channel and other cable
networks also provide support. "Their original programming in
sports and entertainment is proving to be very popular," DeGulis
said. "They've got they've got the best pure-play content of
anybody in the business."
He adds that sports-viewing demand is growing in double-digits each
year. "ESPN just signed a long-term deal with the international
cricket league, which is immensely popular in the U.K. and Asia,"
DeGulis said. "We think ESPN has 10-15% earnings growth easily for
the next five years."
Shares of Disney rose 7 cents to $32.79 on Friday. End of
Story.
Murray Coleman is a reporter for MarketWatch in San Francisco
schrieb am 12.12.07 07:24:38
China Said to Block U.S. Films
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By DAVID BARBOZA
Published: December 11, 2007
SHANGHAI, Dec. 11 — China has stopped granting permission for
American films to be shown in its cinemas in an apparent trade
dispute with the United States, according to several Hollywood
executives and United States government officials.
The Chinese government has not announced any ban, but American
movies are no longer being approved for release early next year,
according to the officials, who spoke on the condition of
anonymity.
The Chinese action, these officials said, may be in retaliation for
the United States decision last April to file an intellectual
property rights case with the World Trade Organization. The filing
was meant to pressure China to more strictly enforce its
intellectual property rights laws and to give American companies
greater access to the Chinese market.
At high-level economic talks held in Beijing today, United States
government officials said they had raised the issue of the ban or
suspension of film approvals, but the officials did not say how
China responded.
According to the officials, Chinese leaders expressed strong
displeasure with the decision to file the intellectual property
rights case earlier this year.
The State Administration of Radio, Film and Television, which
regulates China’s film industry, declined to comment. A spokeswoman
at the agency’s Beijing office said by telephone that if a ban was
in place it would have been publicly announced.
“If you can find the regulation banning films, it means we have; if
you cannot find any information on our Web site, it means we
haven’t,” said the spokeswoman, who declined to give her name.
China already has restrictions on foreign films shown here,
limiting them to about 20 a year, but Hollywood has been pressing
for greater access to Chinese cinemas. Films shown here must also
pass Chinese censors and are often edited heavily.
China may also be moving to protect its own film industry. Foreign
films — mostly from the United States — typically account for
nearly half of China’s box office revenues, which topped $350
million in 2006.
This year, the Hollywood film “Transformers” was the top film at
the Chinese box office.
The month of December, though, is generally set aside for Chinese
films, so there are few American films now being shown in Chinese
cinemas.
Hollywood executives said they were very worried about talking
about any ban, which they say has been rumored in China for more
than a month.
In recent weeks, Hollywood officials say they have attempted to
submit films for approval to be shown early next year and the films
were either not accepted by regulators or the requests were ignored
or delayed.
“It’s not that they aren’t approving, you’re just not hearing
anything from them,” one Hollywood executive said.
Officials working for three of the biggest studios operating here,
Sony Pictures Entertainment, Warner Brothers and Walt Disney, all
declined to comment today.
The Motion Picture Association of America, which has been pressing
for greater market access and more enforcement of intellectual
property rights laws, was not available for comment today.
The trade dispute over movies is just one among many now playing
out between China and the United States, involving everything from
currency reform to food safety to China’s booming trade
surplus.
Among the worries in China is that the United States and the
European Union may be moving toward increasing protectionism as a
way to ease trade deficits.
Intellectual property rights are also a leading area of dispute.
Last April, the office of the United States trade representative
filed a case against China with the World Trade Organization
concerning intellectual copyrights and market access. It covers
authors and producers of books, music, movies and other goods.
The largest and most prominent of those goods are American movies,
which are popular in theaters in China but also widely available on
counterfeit DVDs in most large cities, particularly those films
that have never been released in China.
Earlier this year, after the United States filed its case, Chinese
officials complained it would not help cooperation between the two
countries.
“I don’t deny that I.P.R. infringement and piracy occurs in the
Chinese market, but that doesn’t mean the United States is founded
to file complaints against China in the W.T.O.,” said Wang Ziqiang,
a spokesman for China’s National Copyright Administration.
Chinese officials say they have moved aggressively to crack down on
copyright violations and piracy and destroyed more than 70 million
counterfeit goods in 2006.
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