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Imaginedvl on 20 January 2022
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haxxiy said:
Imaginedvl said:

No, it is NOT there lol :)

I mean, it was there a year ago, it is gone now. I just posted you some source that shows it. Cash = anything in hand... Does not matter how you want to call it.

You cannot just say stuff... Please post any source that says otherwise (as off now... not a in 2020... which is exactly what the link I sent you is showing... There were effectively at 46b+), but that's past.

First off, do you even know what marketable securities mean? What about the difference between IFRS and GAAP accounting? Do you even care?

Did you even bother to check Sony's quarterly statements to try to figure out what is going on?

I guess you haven't, have you? "lol :)"

So please abstain from talking about what you don't obviously understand.

No, I will not abstain. 

Maketable secruties is different than cash at hands, esp. for acquisitions like Microsoft did. It is fine if you want to talk business and numbers, but just because you are using some fancy words you probably googled does not make anything real. Sony is a public company so they are reporting numbers (using financial statements, etc), good for you to understand that (not sure why you even posted the acronyms). Does not really change what the data they are reporting means... 

I asked you to post source that Sony have the cash in hands to do the aqcuisition and you just keep coming with " bla bla bla" but no actual data other than "yes they do". 

And as far marketable securities, this USUALLY can be transformed into cash faster than other means but:

1 -  That's not cash in hands, since we are talking about that from the start... I wonder if you even understand what it means.

1 - They NEVER sell for whatever values that is written, sometime close but usually lower anyway

So no, again, NO Sony does not have anything close to 50b in cash. Simple as that, they are most likely closer to 18b-20b 

And just to add to the actual point of Sony being able to acquire, if they go this way and they need more than 10b/20b, they will simply borrow to the banks... Sony has almost no debts at this point (you can refer to your financial statements to see that :)), and if they need to acquire something, they will very likely go this route anyway. Not having the cash in hands, does not mean that Sony does not have the power to acquire something more substential btw.

"lol"! 

Last edited by Imaginedvl - on 20 January 2022