Nintendo needs to start releasing games on Smartphones. The market is just too great not to. If they just released games from the 8bit and 16bit generations they would make a killing. Then not doing it makes no sense whatsoever. Hell you can download most of them for free anyways. Iwata either needs to get this business back in the green or leave like he said he would.
Nintendo is a strong buy. They have many options to sell software if their console fails and would be an industry leader of 3rd party games. However, the Wii U is a great console with a strong upside. Most of the AAA franchises Nintendo produces haven't released their next gen game on the Wii U yet (only Mario Kart and a 2 other Mario games). The 3DS is amazing and growing in sales every year.
This is a solid company with a long history of success and holds the hearts of gamers worldwide. Nintendo @ 13.46 is a steal.
Sentiment: Strong Buy
I'm hoping maybe with better Wii U sales and their upcoming Quality Of Life machine maybe there is some new buyers of NTDOY. Also possibly a Nintendo DS that plays games and works a phone. Nintendo needs to turn the ship around because they are currently not generating a profit.
It is so true that you pay attention to your kids or family's tech tendencies. Back then my kids and their friends were all playing with the Wii everyone had one and was playing with them. A few weeks ago I cleaned out my son's closet and buried in the back on the floor under shoes and other stuff was a dusty Wii. That about explains why the shares are where they are. You can usually judge a product's current success by it's popularity among one's kids and their friends.
given the premium paid for professional sports teams by wealthy individuals why doesn't nintendo sell the mariners.? with the yen weak they also benefit from the strong USD.
They need to pull a Marvel Comics fast and monetize Mario and company. Support PS4 and Xbox. Put everything on iOS and Android too. Stop making goofy hardware. Who the heck is running this company?!?!?!?!
I'm amazed its at 14 bucks now, it was 8.5 bucks last year and there is a 2nd year of losses added. No way this is worth 14.
The Yahoo market cap, book value, etc is wrong, probably because this ticker is OTC. Cap is around 16 billion.
actually i do understand what nintendo is worth but that doesn't mean the market does. i know overall that this company is great and that this is just its first blip in a very long and successful history, but i also know the silly perceptions surrounding the company.
reveals of amazing software and partnerships can make this stock go down where something as the illogical idea of nintendo putting their IPs on mobile to cannabilize their hardware sales make the stock go up.
i didn't feel like stomaching the ride and took off when i said i would. had i stayed i'd have been a little positive instead of ~600 down but i already made thousands back from purchasing another stock this last week
That said, I wouldn't be too thrilled about holding all that cash in Yen when Abe's printing press is fully engaged. Not sure about the details on that as I'm not a shareholder, though. Good luck to you, Hamp, if you're long this one.
Not a bull or stockholder, but I am gonna keep a watch on this sucker. Just saying that shorting a company with no debt and cash equivalent to 65% of its market value isn't something I would be interested in, particularly when that company has so much timeless IP. Probably trading at a 15% premium to book at the moment, as well. Doesn't mean shorts won't make a buck or two riding negative news.