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Nintendo Co. Ltd. Message Board

  • workfromwork Dec 31, 2012 2:08 PM Flag

    seriously, am I alone here??


    Sentiment: Strong Buy

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    • I appreciate reading your messages and knowing that others also believe in Nintendo and their future - thanks.

      Sentiment: Buy

    • Hi, you are right this message board is very quiet. I believe Nintendo is a good buy at these prices. Full disclosure, I am long with average price at $16.75. My 2 cents: this stock price has been unfairly beat down along with the gaming sector in general. Investors are overly worried that gaming is moving away from traditional consoles to mobile devices. I believe there will always be a market for traditional gaming and that Nintendo will continue to be a leader and innovator. The Nintendo brand and favourites like Mario have a large following and early sales of the Wii U are doing pretty well. Not too mention 3DS and DS sales seem very strong over the holiday season. According to Yahoo, Nintendo has $10.94 per share in cash as of end of last quarter. I think that when earnings are released in January along with positive catalysts for gaming sector such as announcements regarding X-box and Sony new consoles, video game sector stocks with rebound.

      • 1 Reply to lsherwood95
      • workfromwork Jan 1, 2013 9:54 AM Flag

        Thanks for the replay. I am trying to help people here to make the right decision and got no answers. So lets see what good points we have to start 2013:

        * Wii u sales are steady and not declining, with a great 2013 software ahead.
        * 3DS sales are extremely high with 1 millions units sold last week only.
        * Original wii is still selling good, specially after price drop.
        * Software is selling well. high quality games.
        * Nintendo is sitting on a HUGE pile of cash.
        * Yen is weakening and will farther weaken meaning more profit for Nintendo.
        * Fiscal cliff is over, means economy will recover much sooner worldwide.
        * Price target should be 25-30 range this year.

        Sentiment: Strong Buy

29.65+1.62(+5.78%)Oct 27 3:59 PMEDT