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I wouldn't cast judgement of XFL (Which has nothing to do with wwe) for at least 4-5 weeks. If you think he didn't learn lessons from last time, you are drastically underestimating him lol. And generally it's unwise to ever, ever underestimate a McMahon.
Vince has NOTHING. No ads, no crossover star to promote (imagine if they had signed Brady or something), complete B team players....
DOA?
Everyone realizes XFL hasn’t been promoted properly and is going to crash hard. Look at the rampant selling!!! Did Vince forget to budget some of that cash for advertising? Feels like it.
Vince’s idea is that after three seasons he can negotiate a sweet TV deal to recoup his losses?
What if ratings are crap and it’s dumped after one season again? Vince loses $375 million dollars? His ego associated with running a football league might be his Achilles heel.
Si', amigo.
"We make movies" ---VKM
2020 will be "Where it all begins, Again."
The state of the company is strong.
Vince will come through. Still more entertaining than the rigged/ poorly officiated NFL product.
Not just saying this because my IRA got f*cked on Friday, but they did have a better product when I saw them at Sunnyside Gardens in the 70;s!!!!! Holding bag now Vince!!!!!!
NFL officiating ? I always wondered about them. Is that part of WWE ?
Wow, please tell me Santa Clause isn’t fake too
LOL....Wrestling's been staged since forever. Basically live action comic books. Acrobatic, but lousy acting.
NFL ? Dunno.
"...Somebody just told me wrestling is all staged, fake, scripted, just like the NFL. Is that true ?...
Somebody just told me wrestling is all staged, fake, scripted, just like the NFL. Is that true ?
Never bet against a McMahon.
Lol.
But for real, maybe another correction down will happen, or maybe not. We will have to see.
I own shares again now as of $48 and change, I did long,long,long ago in the days where the yield on divy was 5-7%. So it's fun to be back.
This is a big shakeup for sure, pretty shocked by it, but, then again, not...
Vince McMahon bets on himself and constantly re-invests in that capital. Others are not accustomed to such behavior. It's been happening for decades & he always comes out on top, and it usually starts right after people decide he's "done". "Defeated, finally".
But it never happens quite that way, and he comes back out on top.
I'll listen to the earnings call this coming week. Since I have a stake now.
As for what happens, maybe Linda is back. Maybe Shane is back in an executive role. Who knows.
Maybe brand new people but I doubt it.
This is a consolidation. All is well.
Aimho & glta.
The pps went up to $100 bc of the multi billion dollar Fox TV deal for smack down. That hyped it up to that level. Now they just let go two executives who have been with them for over 10 years as well as lowered their guidance for earning. There is also a notion that WWE will start spending more money investing in the company. Investors don’t like uncertainty
https://finance.yahoo.com/news/wwe-executive-exits-spook-analysts-143700718.html
https://finance.yahoo.com/news/wall-street-slams-wwe-following-151550477.html
Why was it $100? The Network is awesome and was first to the market, never in debt, global expansion into new markets, talked about in news favorably to own...everyone was on board.
But then. Where is that dividend Vince? How can this remain here as an investment stock with a dividend drawing half a percent?
Then comes AEW. Saudi Arabia. Vince sells some for XFL. The bailing begins.
This is different than the last time XFL happened. The last time the stock burst upwards leading up to first week then tanked.
This time it’s tanking before the first snap. What if it becomes a laughing stock again?!? Does the stock becomes laughable as well?
Comments anyone?
Seriously, what has changed or is different now in how they are doing this that thinks it won’t be the same unattended and watched disaster?
Now that I reflect, this is going DOWN.
Dividend is .48.
PPS is $24 when that’s a 2% yield.
Also, just an opinion. But if Drew McIntyre pins Lesnar, the stock loses 5% the next day. McIntyre is NOT a main event face guy. Upper mid heel. Forcing it isn’t going to draw.
Lesnar was the UFC champ. If he didn’t job to Ambrose, he definitely shouldn’t to Mcintyre. In this fan’s opinion.
Also, XFL in SIX days and I don’t see squat on TV about it! Not a single ad online or anywhere!
Yes, one more correction to 30ish IMO.
Dividend hasn’t moved. Ever. IMO they aren’t suddenly raising it with the uncertainty of the XFL and potential losses there.
Which wouldn’t be bad except, it’s .48 per share! Still less than 1%.
P/E also still WAY high, even after bloodletting.
I’m betting on one more correction down brother.
I feel good about buying the blood on the street today.
I'd like to think Linda & Shane will be coming back on board soon (BOD & as exexutives) but who knows. I see them incredibly well-positioned for 2020 as a whole. I think divy will get increased thb. But I think today was a big ol overreaction& dow being down so big helped bring it down even more. Glad I bought, I officially have shares again for first time in long,long time.
Never bet against a McMahon.
aimho & glta
Wow, I'm shocked Barrios is gone. I think this is a big overreaction though. We will have to see what happens.
Dividend safe. Stock getting pummeled.
P\E is still 115, but XFL approaches!
Let’s hope this stock doesn’t tank. We really need this contract of revs for wwe and the vrus to be successful long game. Spot on assessment.
It's funny bc I hadn't looked at this board in awhile till last night, & re-read my post.
Tonight, I'd say I was pretty spot on re: Donnie.
This is what we call a paradigm shift, as moxley might say lol.
Quanni will likely be dead by Monday morning.
I run all things presidential thru the "Teddy filter" as I call it.
And he would not be done yet.
And I doubt Donnie is either.
The Ayotollah is lucky to still be breathing.
Natural causes will likely be his end, quite soon.
As for the others, expect the same fate as those at the airport. There is a lot more to this, & it may be best general public doesn't know what they had planned. But it was bad. They shall die as a result. there will be no war
Eternal vigilance is the price of freedom. Per the Archives building in DC, the statue out front. Which is beautiful.
We are not done.
The world will be better for this, & is long overdue.
Aimho, per the Teddy filter.
Legit bruh. I was thinking similar but not that deep.
You’re not factoring in the Dubai deal
XFL could be a bump in the road. We’ll see how take 2 fares...
2020 will be their strongest year ever in my biased non-humble opinion. I would not be surprised if divy increases at some point, the cash will be there.
News: $WWE How Safe Is WWE and Its Dividend?
Fans of WWE (NYSE: WWE) have nothing to worry about for five years. The company has locked in television revenue for that period, which should keep it steadily profitable (and able to pay its dividend) over that time frame pretty much no matter what else happens to its business. That's...
Read the whole news WWE - How Safe Is WWE and Its Dividend?
Seems we are in a very bullish trend. Charts look very good at the moment. Going higher today. Will we see the mid $60s again soon?
It might need to go below 50 briefly first psychologically before recovery starts.
Broad markets should get a downturn soon, Dow is outside of upper Bollinger & that doesn't last for more than a couple days.
I think Wwe have guidance that network numbers would be down next quarter, but I think just the opposite, & they will get a good boost shortly from takeover & survivor series.
The Saudi situation should get cleared up soon as well.
I don't think 100 is coming back anytime soon, but 70s may by end of year. 2020 will be their strongest year ever imo.
We need some news/clarifications to get this out of the downward funk.
Nice day but am not buying unless the SA situation is cleared up. I can not fathom VKM taking them back there unless they are fully paid up, & I don't think they are. There's several months till the next show, but if they are not paid up by end of November, I'd sue the F out of them in federal court for breach. Not to mention in the public forum, they are lucky this didn't turn into an international problem. I have a feeling we will never fully know what happened last week, but it was unacceptable behavior by SA, & VKM doesn't tend to take kindly to that. I'd actually be scared sh**less of him, if I were them after the stunts they pulled last week. Jmho
The PR put out late yesterday is very odd imo.
They've already been doing 2 shows a year so far (in '18 and '19)
so it contained no real information of note.
This says a couple things to me without saying it directly, all IMHO.
1. 'the kingdom' was in fact being significantly difficult with getting $$$ to WWE (bad move). Upon being approached on it, they were shady about it.
2. VKM did in fact pull the plug on the event airing live in SA.
3. the kingdom did in fact 'hold' talent and employees for a ridiculous amount of time.
4. The kingdom paid them at least $50M last week, and likely much more to 'catch up' though they are still likely behind.
Nothing new was said in the PR, it was for investor confidence, because this deal is causing big problems now.
WWE(R) and the Saudi General Entertainment Authority Expand Event Partnership
4:58 PM ET 11/4/19 | BusinessWire
STAMFORD, Conn. & RIYADH, Saudi Arabia--(BUSINESS WIRE)--November 04, 2019--
Following the historic Crown Jewel event in Riyadh, WWE (NYSE: WWE) and the Saudi General Entertainment Authority (GEA) have expanded their live event partnership through 2027 to include a second annual large-scale event. WWE and GEA also continue to work towards the completion of a media agreement in the MENA region.
This long-term partnership demonstrates WWE and GEA's commitment to bring sports entertainment to the region and supports Saudi Arabia's Vision 2030.
About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWE's TV-PG, family-friendly programming can be seen in more than 800 million homes worldwide in 28 languages. WWE Network, the first-ever 24/7 over-the-top premium network that includes all live pay-per-views, scheduled programming and a massive video-on-demand library, is currently available in more than 180 countries. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.
Additional information on WWE (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.
Looks like we will see a bump up this morning. Up $2.64 in pre-market trading. I grabbed some early expecting it to move higher with the bell.
Trump, and VKM, are scared of no one.
I watched Trump's announcement on killing the Isis dude.
Made it very clear that multiple countries were told "hey, this is happening, and, in the event you interfere, we will annihilate you in a matter of minutes, no problem".
I wouldn't fuck with Trump, and I wouldn't fuck with VKM.
Whatever happened at the airport, was BS. And had VKM not already left, which I think they made sure they knew that he was already gone, it would have become a serious problem. I would not be surprised if Trump was on the phone with someone that day.
Something wasn't right at the show. I've watched some of these folks for many, many years. I know when they feel rattled. The women's match, no. Forced to wear t-shirts, right before they went out. They broke the deal on the bodysuits being fine. That's BS.
On the money, I dunno, from what I gather, they owed more than 100M, and paid part of it late last week. The rest needs paid this week, and maybe it has been now, I don't know.
It needs to be publicly ironed out, and quickly.
I'm 100% in favor of the shows. I want kids, and adults for that matter, anywhere, in the world, to be exposed to wrestling. IF SA fucks with talent, or with the company's money, the deal is off, and VKM is more than wise enough to sue the F out of them in a US Federal Court, and, in case people aren't aware, VKM doesn't lose. Ever. LOL.
Trump favors/fears the Saudis WAY more than VKM.
https://www.ringsidenews.com/2019/11/04/saudi-arabia-considering-pulling-out-of-wwe-deal/
Saudi deal falls and PPS is $30 in two weeks where it belongs with that paltry .48 per year. Ridiculous.
I would agree with that. 52 week low today. It could crack below 50 psychologically, I dunno. But probably not for long if it needs to do that.
I'm unclear what is going on with the Saudi deal, and if they paid up adequately last week. Apparently were f'ing with things, though may have made a $50M payment, though I think still owe a lot more. That is a big question mark right now.
I would not F with VKM, they will learn that quickly if haven't already.
He will sue the F out of them in NY federal court if needed, or they will live up to the deal and pay out for what WWE has already done for them, and liquidated damages for future shows if those don't happen. That's my opinion I suppose, but what would happen if they are attempting to screw him.
Either way, what happened last week won't be happening again. And these folks need to realize how quickly an international situation can arise when you attempt to play games with a businessman the caliber of VKM.
The President is a phone call away.
This looks beyond oversold to me. I would be expecting a nice bump here soon.
Also this weekend’s Saudi fiasco...
Cause the dividend is still .48 per year, that’s less than a 1% return at $50.
If WWE had upped their dividend as pps rose it’s still be up there IMO brother.
Wells Fargo price target $80.00
Benchmark price target $79.00
Guggenheim price target $85.00
Luke Capital price target $75.00
MKM Partners price target $92.00
Morgan Stanley price target $80.00
All released in the last three days and we linger at $54.50, why????
Yea. Vince will throw money at any talent now to keep them from AEW but won’t even give the shareholders a dime increase in dividends. Sell millions of dollars of stock for the XFL as well
Eric Bischoff fired from WWE Smackdown
That's why I got out of it when I did years ago (which was a mistake in hindsight, looking at the high for this past year, but anyways) - when I bought into it, the stock was under $20 a share, and the dividend was $1.36, which I thought was awesome. Then it came out that that was only a two-year deal and it was going back to $0.48 per year, I dumped it and took my profits. I just wish I'd gotten back in when it dropped below $10 a share after that.
And yet the dividend stays at a paltry .48 per year. Less than 1%. I remain a firm believer that until they change that, this stock will never hold significant gains.
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