VGStockz: General Questions

[Vinniegambini]

Ail said:

Vinniegambini said:

Ail said:
I wouldn't hold onto any Nintendo stock you guys have right now.

From what I have seen and heard the WiiU are in heavy stock at a lot of retailers which means Nintendo will not be able to ship that many WiiU in Q1 so I expect a poor report 4 months from now when Q1 numbers come out..

I have NTDOY at 14.40$ (holding) and said to myself to keep it as the rally seemed to onwards to 20$. Now I'm kicking myself for not selling it at 17.50 $ :(

Been shorting NTODY stocks, bought at 12.65$ sold today at 13.25$

I don't know, Nintendo might be in a good position because of the yen this quarter. They will be profitable in Q3 because of it most definetely. You are right though on Wii U, I don't think their 5.5 million sold or shipped by March 31st seems doable :s

It might, it's hard to say.

What isn't hard to say however is that they will have massive shipping this quarter and very low shipping of Wii U in Q1 and investors are not going to like that when those numbers come out 4 months from now...

Well 3rd quarter (October to December of 2011), Nintendo posted profits of 250 million and doing so without the 3DS being profitable. Nintendo should be able to do so as well this quarter with the the help of 3DS hardware profitability and the currency favoring them. This should offset all the loses they had from the first two quarters totalling 331 million. Nonetheless, I'm still a bit on edge though.

Pros:

- Predicted 50.5 million Wii software sales by March 2013 - Sold over 54 million software as of December 22, 2012 according to VGChartz data

- Predicted 37 million DS software sales by March 2013 - Sold over 38 million software as of December 22, 2012 according to VGChartz data

- Predicted 2.5 million DS hardware sales by March 2013 - Sold 2.5 hardware as of December 22, 2012 according to VGChartz data

- Growth in 3DS (Thanks in large part to Japan)

Cons:

- Will not be able to achieve it's projected 5 million Wii hardware sales - 3.1 million as of December 22, 2012 according to VGChartz data

(will be revised to 4)

- Will not be able to achieve it's projected 17 million 3DS hardware sales - 10.5 million as of December 22, 2012 according to VGChartz data

(will be revised to 15)

- Will not be able to achieve it's projected 5.5 million Wii U hardware sales - 2.2 million as of December 22, 2012 according to VGChartz data

(will be revised to 4.5-5)

Nevertheless, the USD and EUR (JPY) trading at 87 and 115 respectively will make Nintendo profitable until the exchange rates choose to act differently. Just to put it in perspective, Toyota said that for each 1 yen US difference they either lose or gain 350 million