DIS
🇨🇳 Disney’s stock price fell, potentially triggered by news that China is cutting back on U.S. film imports, creating uncertainty around its international movie revenue.
➕ Positive developments include Disney+ achieving profitability, a significant milestone highlighted from previous earnings reports.
💡 The recent drop is viewed as a potential buying opportunity if the China film issue is the primary driver, suggesting the market reaction might be overblown relative to the company’s overall health.
@bernardodegarcia:
“Hello Ver, what do you think of Disney at these prices? I was waiting for this question. I mean, ah, I consider that… my goodness, what a hit, Luis! I consider that you like the markets, right? So we have, as entertainment, just between you and me, for you and for me, looking at little screens how red candles and green candles are made. Liking this type of entertainment, how do you consider buying a company like Disney? That is, it’s… it has nothing to do with the entertainment we consume. Now, getting back to the serious topic, it doesn’t seem bad to me. I think, correct me if I’m wrong, I didn’t look at the latest results from Disney. I remember the results from two quarters ago for Disney, and Disney Plus was already making money, which was a big shockaboom baby! So, I don’t see it badly. I don’t know why it’s falling… ah, no wait, today they fall because… yes, ah, because China is cutting US Films… buy, buy! I mean, what nonsense, what nonsense if it’s only because of this. Buy!”
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