Hasbro Stock Leaps As Activists Push For 'Wizards of the Coast', Spin-off, Board Changes

[Gyor]

www.thestreet.com/.amp/markets/hasbro-stock-leaps-as-activists-seek-wizards-of-the-coast-spinoff

Hasbro Stock Leaps As Activists Push For 'Wizards of the Coast', Spin-off, Board Changes

I read their presentation and they make great arguements for this, I support them in this 100%, they are the heroes that D&D and MtG needs.

 

[Morblot]

Post the fucking text of the article, asshole. I've no idea what you're going on about.

 

[Gyor]

Post the fucking text of the article, asshole. I've no idea what you're going on about.

There is no pay wall, but here you go.

Hasbro (HAS) - Get Hasbro, Inc. Report shares closed firmly higherThursday following a move by activists investors to nominated five new board members and push for major changes at the toymaker following the loss of a lucrative licensing contract with Walt Disney (DIS) - Get Walt Disney Company Report to rival Mattel (MAT) - Get Mattel, Inc. Report.

Alta Fox Capital Management, which holds a 2.5% stake in the $13.4 billion company, says it sees a path to Hasbro shares rising to $200 each -- nearly double its current levels -- if the group puts a new strategy in place and separates its profitable 'Wizards of the Coast' gaming operation.

"If corrective action is not taken in the near-term, we fear there will be an irreversible impairment of value at Hasbro." the letter added.

Hasbro shares were marked 2.1% higher in late afternoon Thursday trading, compared to a 2.2.% decline for the S&P 500 benchmark, to close at $99.08 each.

 

[udm]

I support this too. Capitalism really is the solution to the ills of society

 

[Zed Duke of Banville]

www.thestreet.com/.amp/markets/hasbro-stock-leaps-as-activists-seek-wizards-of-the-coast-spinoff

Hasbro Stock Leaps As Activists Push For 'Wizards of the Coast', Spin-off, Board Changes

I read their presentation and they make great arguements for this, I support them in this 100%, they are the heroes that D&D and MtG needs.

The hero that D&D needs is someone who will spin it off via a revived TSR.

 

[J1M]

Hasbro would still own the new company. This is just about removing the people who run departments that make toys for children and babies from the room when they discuss when to greenlight Return to Return to Ravinica and how much to charge for single cards without violating gambling laws.

Activist investors may agree with you about Hasbro management, but their vision does not include Spelljammer, Dark Sun, or whatever other niche product you may like:

"As an independent business, we believe WOTC would be worth more than $100 per share today," Alta Fox said. "We also anticipate it would be one of the most exciting and valuable specialty gaming businesses in the world, particularly if it were to refocus investment on core intellectual property and eliminate loss-driving, speculative bets on non-core franchises."

 

[Gyor]

Hasbro would still own the new company. This is just about removing the people who run departments that make toys for children and babies from the room when they discuss when to greenlight Return to Return to Ravinica and how much to charge for single cards without violating gambling laws.

Activist investors may agree with you about Hasbro management, but their vision does not include Spelljammer, Dark Sun, or whatever other niche product you may like:

"As an independent business, we believe WOTC would be worth more than $100 per share today," Alta Fox said. "We also anticipate it would be one of the most exciting and valuable specialty gaming businesses in the world, particularly if it were to refocus investment on core intellectual property and eliminate loss-driving, speculative bets on non-core franchises."

They make fiscal arguments, but they also make it clear they are fans as well.

 

[J1M]

Hasbro would still own the new company. This is just about removing the people who run departments that make toys for children and babies from the room when they discuss when to greenlight Return to Return to Ravinica and how much to charge for single cards without violating gambling laws.

Activist investors may agree with you about Hasbro management, but their vision does not include Spelljammer, Dark Sun, or whatever other niche product you may like:

"As an independent business, we believe WOTC would be worth more than $100 per share today," Alta Fox said. "We also anticipate it would be one of the most exciting and valuable specialty gaming businesses in the world, particularly if it were to refocus investment on core intellectual property and eliminate loss-driving, speculative bets on non-core franchises."

They make fiscal arguments, but they also make it clear they are fans as well.

Translation: personal investments in power nine cards.

 

[rusty_shackleford]

WotC's bread and butter is MTG, not D&D. MTG gets at least an entire page in their earnings report, D&D gets less attention than monopoly or play-doh. Check their latest annual report yourself:
https://investor.hasbro.com/financial-information/annual-reports

D&D is one of those things that people think is way more profitable than it actually is.

 

[Alex]

WotC's bread and butter is MTG, not D&D. MTG gets at least an entire page in their earnings report, D&D gets less attention than monopoly or play-doh. Check their latest annual report yourself:
https://investor.hasbro.com/financial-information/annual-reports

D&D is one of those things that people think is way more profitable than it actually is.

Good, maybe they should drop it then.

 

[Gyor]

WotC's bread and butter is MTG, not D&D. MTG gets at least an entire page in their earnings report, D&D gets less attention than monopoly or play-doh. Check their latest annual report yourself:
https://investor.hasbro.com/financial-information/annual-reports

D&D is one of those things that people think is way more profitable than it actually is.

D&D has been growing explosively, they are banking on D&D TV shows and Movies.

 

[KörangarTheMighty]

D&D has been growing explosively, they are banking on D&D TV shows and Movies.

Spoiler

 

[Jaedar]

D&D is one of those things that people think is way more profitable than it actually is.

I think if you compare most things to cardboard crack they will come up short.

Doesn't necessarily mean D&D isn't making a lot of money.