megaman79 on 01 May 2015
| theprof00 said: Nintendo scheduled to report Financial Year 2015 end earnings next week on May 7th. Current P/E is 92.3 which is surprisingly high, possibly too high. 1 yr target estimate is 12.70, which is way below current price of 21.18 The current price was boosted by the announcement of moving to mobile. The stock doubled on this news but this quarter will not have profits from those ventures incorporated. Instead, they will be including the costs of new development. I don't expect the price here to hold. NTDOY is currently rated as a hold by the majority with one buy and one sell. I'm expecting a drop in the stock, even on good results...but should recoup the following quarter. |
nice one mate, good work. 
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
