sethnintendo on 19 June 2011
| metalmonstar said: Oh wow, now I feel dumb NTDOY is an OTC listing not the actual Tokyo Exchange stock. Alright so I ran some numbers using Nintendo's 2010 value. Nintendo has 141,669,000 common stocks on the market and I don't believe that has changed. Their net income for 2010 was about 2.5 billion dollars. This gives an Earning per share of 17.35. On their fiscal report they mentioned high and low stock prices per quarter. The high average I got was 309.73 and the low was 240.35. So I got a PE or 13.85-17.85. On the Tokyo Exchange the stock is selling for about $188.11. I can't seem to find this year's projections but I am sure what they end up with will be lower than predicted and R&D cost for the Wii U will cut into net income. I could certainly see the stock continuing to drop. It may be a good time to buy if you think the Wii U and 3DS will come through big. Really the main thing your hoping though is that other investors get back into Nintendo in order to raise the price. The new systems could do great but if the demand for the stock doesn't rise, you aren't making any money. http://www.tse.or.jp/tseHpFront/HPLCDS0301E.do;jsessionid=0a064f0b30d565e066c5accb4bb9ac108b7d07a47439.e34Sch8Sb3uNe34Rbh0QbxeSahb0.4 http://quote.tse.or.jp/tse/quote.cgi?F=listing%2FEDetail1&MKTN=T&QCODE=7974 I wish I knew more about OTC stock. I almost feel like I would prefer to invest in that especially considering its wild fluctuations in comparison to the Tokyo stock. |
I never really understood the difference between the two. I guess it is just the same stock on different markets? I am pretty much a newb when it comes to most stock information. From what I am getting from your information is that is better to hold the Nintendo stock on the Tokyo Stock Exchange rather than NTDOY on OTC (for long term investment). If you want to do short term then buy the NTDOY on OTC.
