Mr Khan said:
Not really. Some of our more stock-savvy posters have pointed out that Nintendo is actually criminally undervalued right now, that their current market cap is only about 20% more than the value of Nintendo's cash-on-hand, meaning that the stock price does not at all reflect the value of Nintendo's capital or (the far more important one) intellectual property. If it was announced tomorrow that Nintendo was going to be auctioned off piece by piece, the stock value would double overnight because the market cap is not reflective of the company's actual value, and in the case of total dissolution of the company, it would be. |
I didn't say that in my comment at all. My comment was only about stocks-- not Nintendo as a whole, but I also don't think 2014 will be a bright year for Nintendo. This is their third year in a row losing money and the only things to have affected Nintendo's stock prices in the past year were a cheaper Yen and the news of China lifting the console ban. Buy the stock at 15.24 (at the time his comment was posted) and hoping stock prices go back up to 17.50 sometime in the next year isn't a great investment. I'm only an economy student - so IDK. I'd like to hear what the stock-savvy posters think.
