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Forums - Nintendo Discussion - The official NTDOY/Nintendo discussion thread

FishyJoe on 22 October 2007

Expect a bump up tonight. Apple just knocked the cover off earnings. I'm guessing this will have a trickle down effect to Nintendo.



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skywalker2007 on 23 October 2007

Really... excellent!!! Since I have both Nintendo and Apple, any good news for them is good. Looking forward to it.



EllensProphet on 23 October 2007
FishyJoe said:
My instincts were right, I just wish I could have timed it better.

I wish I had thought to say that when I came onto my 10th grade English teacher.



The urge to play is a terrible thing to waste.

FishyJoe on 23 October 2007

Something BIG is happening. I have a feeling we are going to post huge numbers on Oct 25. Right now we are up +4400!!!

Remember what I said many months ago, $80 after Q2 earnings.  



skywalker2007 on 23 October 2007

+4600 now. 7.21% increase...go nintendo go.



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DKII on 24 October 2007

It dipped enough people are buying in before the earnings hit. Wish I had had more money to put in myself.



FishyJoe on 24 October 2007

http://www.bloomberg.com/apps/news?pid=20601101&sid=a419izcSIyR0&refer=japan

Nintendo Shares Rise on Higher Forecast Expectations (Update1)

By Pavel Alpeyev and Hiroshi Suzuki

Oct. 24 (Bloomberg) -- Nintendo Co., the best performer among Japan's biggest stocks, rose the most in three months on the Osaka Securities Exchange on expectations the maker of the Wii game console may raise its full-year profit forecast tomorrow.

Nintendo's stock gained 7.2 percent to 68,400 yen at the 11 a.m. break, headed for the biggest gain since July 26. Shares of Kyoto-based Nintendo, the world's largest maker of handheld video-game players, more than doubled this year, the biggest gainer on Japan's Topix 100 Index.

The Wii outsold Microsoft Corp.'s Xbox 360 and Sony Corp.'s PlayStation 3 in the U.S. in the first eight months of the year, luring users with a motion-sensitive controller that replicates their movements on screen. Sales of the Wii led Nintendo in July to raise its annual earnings forecast to a record 245 billion yen ($2.1 billion).

``An upward revision of full-year earnings targets is likely,'' Hiroshi Kamide, a Tokyo-based analyst at KBC Securities Japan with a ``buy'' rating on the company, said by telephone today. ``It's natural that expectations are high ahead of the year-end shopping season.''

Net income in the year ending March 31 may beat the company's forecast by 12 percent, reaching 273.4 billion yen, according to the average of 19 analyst estimates compiled by Bloomberg. Sales may exceed the game maker's forecast by 5.8 percent, according to the survey.

Nintendo, which reports earnings tomorrow, is looking to build on the success of the console's controller to keep its lead against the PlayStation 3 and Xbox 360. The company this month said it will sell the ``Wii Fit'' game featuring an exercise board that senses a user's movements from Dec. 1 in Japan. 



cjpierciiw on 24 October 2007
cjpierciiw said:

This is kinda funny. Nintendo's stock went up so much today it got capped out by the exchange, and was not allowed to go any higher. Expect another up day for 7974 on the Osaka stock exchange tomorrow.

5000 Yen Limit.

Thats about 41 US dollars a share! (shares are now over $500)

http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=7974:JP&sid=aZs6vtlkWPp0

 

July 26 (Bloomberg) -- Shares of Nintendo Co. rose to a record, bringing the company's market value to $73 billion, after the maker of the top-selling Wii console raised its earnings forecast on demand for the console and game titles.

Nintendo added 8.8 percent, or the exchange-imposed limit of 5,000 yen, to 61,800 yen at the 3 p.m. close of the Osaka Securities Exchange, valuing the Kyoto-based company at 8.76 trillion yen ($73 billion). That exceeds Sony Corp.'s value of 6.37 trillion yen by about 38 percent.

The company, whose Wii console outsells Sony's PlayStation 3, yesterday raised its net income forecast by 41 percent to 245 billion yen for this fiscal year. More game titles and a cheaper price than Sony's PlayStation 3 may help Nintendo reach an increased sales target of 16.5 million Wii players this year. Tokyo-based Sony forecasts shipments of 11 million PlayStation 3s.

``With the popularity of the Wii and the launch of a new Pokemon game title in Europe on July 27, we expect sales to remain strong for the rest of the year,'' Atsuko Kaneko, a games analyst at UBS Securities Japan Ltd., wrote in a report dated today. She kept her ``buy'' rating on the stock, and raised the 12-month share price target to 63,000 yen from 47,000 yen.

Nintendo, whose market value doubled last year, plans to build on the success of the Wii's motion-sensor remote controller with new products including a steering wheel and exercise pad.

Net income in the first quarter ended June 30 surged fivefold to 80.3 billion yen, the company said yesterday. Sales, bolstered by its DS portable player and the ``Mario'' games series, more than doubled to a record 340.4 billion yen.




cjpierciiw on 24 October 2007

Looks like 7974 keeps hitting the exchange limit for the day. (5000 YEN) 68800. I would bet there is a good chance of it happening again tomorrow with earnings being announced.



skywalker2007 on 24 October 2007

Shoot, make me want to buy more.........well, maybe I wait for a pull back.