Vinniegambini said:
Stock should settle. The stock is not at its year-low in Japan but is in NOA because of the yen; yen weakens, ADR shares weaken. Nintendo is going to post a profit after all for this fiscal-year nonetheless because of foreign exchange gains. However, Nintendo must outline what it plans to do to help Wii U sales and what steps they will take to post the 1 billion operating profit for the fiscal year ending March 2014, outlined by Iwata. I the end, I think the best has yet to come but there are some struggles ahead. What do you think or anyone for that matter? |
I am trying to guage expectations of the market and investors against how I feel they will do. The 3DS looks set to have a big year with multiple multi million sellers. The Wii U concerns me as the casual market seems content to either stick with the Wii still. I am curious if they can find abreak out hit before Sony and Microsoft come on the scene.
My guess is stock will dip to 10.5-11 range before regrouping and moving forward and being around 16-18 range by this time next year. I am very crious as to their dividend.
