Originally Posted By dshyates Wouldn't a big drop in the value of the US Dollar make major purchases of US assets MORE attractive to foreign investors?
Originally Posted By GOB So, with the stock market making its sixth-largest single-day drop, DIS stock down more six percent, a double-dip recession on the horizon, and rising unemployment, I could see that the WDC would want to shop the parks even more. But who's going to buy them?
Originally Posted By Malin Any threat of another recesion is enough to realise now is not the time to be buying Disney Parks. Yes the WDC may be more desperate now to sell the parks. But any potential buyer like the Prince will be smart enough to see though Disney's desperation attempts. Thats of course if Disney is even interested in selling them in the first place. Which up to now is still only speculation and rumour. Yes I could quite believe its looked into selling the parks. But how many of the other devisions have been though the same process over the years. And ABC is still with us.
Originally Posted By fkurucz >>Wouldn't a big drop in the value of the US Dollar make major purchases of US assets MORE attractive to foreign investors?<< In principle yes, the thing is that the foreign investors are sitting on piles of dollars they want to convert into hard assets. China alone is sitting on a trillion dollars worth of US treasuries. So a depreciating dollar would neither hurt nor help.
Originally Posted By Bob Paris 1 All I know is that last week, $AUS1.00 bought me $US1.10 and that was GREAT for my Ebay addiction! Yesterday we fell BELOW parity for the first time in a long time but now it's back up to $AUS1 = $US1.02 but that's still too low!!! Aussies are LOVING a weakened US greenback!
Originally Posted By Dr Hans Reinhardt They sure are! There are a ton of Aussies visiting here (San Francisco) this summer.
Originally Posted By Bob Paris 1 I bet! They had a thing on the news a few months back that showed lots of Aussie families in Hollywood, thanks to the strong Ozzie! That and the fact that(especially for East coasters), they could escape a cold Australian East Coast winter in June, July and August and go to Summer in the YEW-Ess.
Originally Posted By dagobert According to the news TWDC's third quarter was driven by a strong performance of the network division, especially ESPN, and of the WD Parks & Resorts Divison. Do you think there is still a chance of selling the parks in the near future. I mean this time the Parks & Resorts division was very important for the results.
Originally Posted By fkurucz >>Do you think there is still a chance of selling the parks in the near future. I mean this time the Parks & Resorts division was very important for the results.<< A good question. In the end it comes back to "growth". Can the USA parks continue to provide steady sales and profit growth, at least in the range that Wall St. demands?
Originally Posted By Pentacat Zombie thread!! What are the chances that the BOD were all in Orlando back in June to discuss this Avatar deal? John Cameron is about as shrewd as they come so perhaps the BOD needed some reassurance that this deal really was in the best interests of the company. May also explain why they were rumored to be in AK and not the other parks.
Originally Posted By MousDad 872: Seems like an issue that Staggs should have been big boy enough to handle on his own, without board or direct CEO involvement, IMO.
Originally Posted By EPCOT Explorer Cameron wasn't seen, so, who knows. Could be still about the selling, which, honestly, isn't off of the table because of this. This could easily sweeten the deal.
Originally Posted By Malin What ever deal Cameron has been promised by Disney would need to be approved by the Board of Directors before negotiations got too serious. Tom Staggs has not got the power to go into an agreement this big without the backing of both Bob Iger and the board. Although I sense Bob Iger had a lot to do with this licensing agreement.
Originally Posted By Daannzzz """(where is Spirit)(?)"" I was wondering that myself. He must be on an assignment in the deepest wilds of Africa or up on Mt Everest.
Originally Posted By ChiMike The Spirit of '74 is always present. I would say Inside each one of us, but that might be too much.
