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Nintendo Co. Ltd. Message Board

  • kfdahadhv kfdahadhv Sep 22, 2008 11:30 AM Flag

    Nintendo doesn't care about its shareholders AT ALL

    The Good Doctor has written an excellent piece on the stupidity of Nintendo management:

    He points out that:

    The stock is STILL DOWN 30% from its high.

    They won't let traders on the Japanese markets buy irregular lots of shares below an artificial minimum of 100 shares. This despite the fact that they only have 35,000 shareholders.

    They refuse to split the stock or even consider it until 2009.

    I add: they also won't do buybacks (like responsible companies like MSFT, NKE and HPQ are doing)

    Nintendo doesn't care about shareholders at all.

30.47-1.89(-5.86%)Oct 21 3:59 PMEDT