To The Moon

$Walt Disney(DIS)$ is the 2nd Christmas stock that I like and would like to share. 

I have shared my first Christmas stock ($LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ in another post. 

Could click here to read about it (pls like it also ok - hee hee).

Highest grossing movie in the US for the 2nd week {ending 24 Dec 2022}

What are the news or catalyst or reason that made me think of Disney ?

• For a start, no one can avoid the massive publicity the movie Avatar - The Way of Water has generated since its official released on 15 Dec 2022 (Thu); here in Singapore and Wordwide.
• So far, worldwide tally of the intakes stands at US$900 Million (see below). 
• Its looking to surpass "Doctor Strange In the Multiverse Madness" movie's collections.
• Its certainly going to crack the US$ 1 Billion mark very soon if it cotinues its box office hit run.
• Its already the Top 5th highest grossing movie in 2022; barely 2 weeks released.

Avatar II : The Way of Water at #5 just 2 weeks after release !

Other Disney movies in 2023 to keep the "Ka Ching" going are :

• Ant Man & The Wasp : Quantumania (17 Feb).
• Guardians of the Galaxy Vol 3 (05 May).
• The Little Mermaid "live" (26 May).
• Elemental (cartoon) (16 Jun).
• Indiana Jones & The Dial of Destiny (30 Jun).
• The Marvels (aks Captain Marvel)  (28 Jul).
• The Haunted Mansion (11 Aug). Star studded cast - Winona Ryder, Jared Leto, Jamie Lee Curtis, Owen Wilson etc....
• True Love (06 Oct). Sci fi movie directed by Star Wars : Rogue One director Gareth Edwards.
• Wish (23 Nov). Animated film starring Oscar winner Ariana DeBose

Recession is coming in 2023 no ?

With recession at the doorstep, would it affect Disney and other entertainment stocks ?

On the contrary.  Its been proven time and time again, during tough economic times, movies really offer escapism (not just in an interior sense, but in a physical sense—the cinema is an escape from work and home) for a relatively small price.

Also, we have to remind ourselves that Disney is not merely a movie churning studio, it is an Entertainment Conglomerate that encompasses :

• Media networks,
• Parks and Resorts,
• Studio entertainment,
• Consumer products
• Interactive media

It has so much to offer.  With borders restrictions removed, people from all over the world are trying to make sense of a normal life as much as possible.

Disney theme parks the world over (US-California, US-Florida, Tokyo, Hong Kong, Paris, Shanghai) are seeing customers returning to spend a day or days with them. 

How is Disney's profitability this year and going into 2023 ?

$DIS - year 2022 quarterly earnings

• Business wise, Disney has momentarily lost its footing (refer to below table for details).
• It is re-gaining its foot slowly but surely.
• Just this Nov 2022, ex-CEO Bob Iger has taken hold of the rein from CEO Bob Chapek as per the Board of Directors' decision.

Disney Q3 2022 earnings report summary

• Looking at its Q3 2022 earnings, it has fallen short
• Its "really not that dire" a situation.
• By securing Bob Iger's return, the BOD has taken a proactive stance to give this 100 years old giant a dust up and makeover.
• With all the blockbuster movies coming out at a cinema near you - its already looking a tad brighter down yonder no ?  Whahahaha

Like $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ I have present that Disney is worth a considering going into 2023.  Do you think you will take a 2nd look at Disney ?

Please "Like" this post ok.  Thanks.  The rating is important to me !  Hee hee.

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