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Forums - Sony - Sony to sell $1.9bn of conv bonds, stock down 10% in early trading.

DirtyP2002 said:
KillerMan said:
Kasz216 said:
Lusche said:
kowenicki said:
sales2099 said:
VicViper said:
In some other thread someone mentioned Google buying Sony
Does this hold any truth?

Hell MS can buy Sony if its only worth $12 billion.You get your entertainment hub for Xbox with Sony music and movies and win the console war in one shot. Scrub the rest/sell them off piece by piece. A man can dream

9.8bn

if you want to have 100% share ... 51% is enough so $5bn ... so ms could easily afford it, but I dont think that will happen.
wasnt $5bn what ms had in profits for the last quarter ?

Keep in mind... in a takeover you have to offer more then the current share price by quite a bit usually.   Not to mention Sony would likely insitute a "poison pill" option

Not to mention that Japanese government would probably step in if Chinese or western company tried to buy Sony.

I doubt it.

Even if they would want to step in, i'm not sure they even have the money to do anything.



In the wilderness we go alone with our new knowledge and strength.

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How much does Nintendo have in their bank account these days?



Kresnik said:
I can only speak for myself as a Sony fan.  I lurk in these threads.  But I have nothing I can add to the discussion (until now! :P).  I know jack about shares, takeovers, bonds, anything like that.  In fact, the only time I see it is when Kowen posts a thread about it on these forums.  I could post a generic "I'm sure you're right Kowen" or join in on the doomed discussions without really understanding why they're so doomed, but that would seem a bit frivilous.

Well, this article actually explains the hill to climb pretty well without really overcomplicating it, if you're interested.

http://business.financialpost.com/2012/11/09/sonys-rating-downgraded-by-moodys-on-falling-tv-camera-demand/

It gives a few terms like net debt (debt deductions and such) and gross debt (basically, total debt) for Sony, but it's pretty straight forward.



Wouldn't it be cool if Nintendo was to buy Sony!!! Nintendo currently has ~$10 billion dollars in cash assets that are currently liquid http://www.nintendo.co.jp/ir/pdf/2011/annual1103e.pdf. Sony's market cap is currently at $9.6B, if Nintendo was to invest only 45% of it's total liquid assets it would give them at least 50% controlling stake on the company.  I know it's a long shot, but it would be nice to see these two Japanese videogame companies to merge into one.   



KillerMan said:
Kasz216 said:
Lusche said:
kowenicki said:
sales2099 said:
VicViper said:
In some other thread someone mentioned Google buying Sony

Does this hold any truth?

Hell MS can buy Sony if its only worth $12 billion.

You get your entertainment hub for Xbox with Sony music and movies and win the console war in one shot. Scrub the rest/sell them off piece by piece. A man can dream.


9.8bn

if you want to have 100% share ... 51% is enough so $5bn ... so ms could easily afford it, but I dont think that will happen.
wasnt $5bn what ms had in profits for the last quarter ?

Keep in mind... in a takeover you have to offer more then the current share price by quite a bit usually.   Not to mention Sony would likely insitute a "poison pill" option.


Not to mention that Japanese government would probably step in if Chinese or western company tried to buy Sony.


No they wouldn't.



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fillet said:
KillerMan said:
Kasz216 said:
Lusche said:
kowenicki said:
sales2099 said:
VicViper said:
In some other thread someone mentioned Google buying Sony

Does this hold any truth?

Hell MS can buy Sony if its only worth $12 billion.

You get your entertainment hub for Xbox with Sony music and movies and win the console war in one shot. Scrub the rest/sell them off piece by piece. A man can dream.


9.8bn

if you want to have 100% share ... 51% is enough so $5bn ... so ms could easily afford it, but I dont think that will happen.
wasnt $5bn what ms had in profits for the last quarter ?

Keep in mind... in a takeover you have to offer more then the current share price by quite a bit usually.   Not to mention Sony would likely insitute a "poison pill" option.


Not to mention that Japanese government would probably step in if Chinese or western company tried to buy Sony.


No they wouldn't.


Care to share reason? At least with Chinese takeover they really would because they don't want to their biggest rival in Asia to gain tech secrets.



kowenicki said:
sales2099 said:
Most of that money is being used to repay debts......wow.

Well refinancing debt isnt unusual.  Its an ongoing thing. All large companies carry debt that they regularly re-finance.

Why is that? To get away with lower taxes?



kowenicki said:
oni-link said:

Wouldn't it be cool if Nintendo was to buy Sony!!! Nintendo currently has ~$10 billion dollars in cash assets that are currently liquid http://www.nintendo.co.jp/ir/pdf/2011/annual1103e.pdf. Sony's market cap is currently at $9.6B, if Nintendo was to invest only 45% of it's total liquid assets it would give them at least 50% controlling stake on the company.  I know it's a long shot, but it would be nice to see these two Japanese videogame companies to merge into one.   

Sony isn't a video game company and a Nintendo Sony marriage is a non starter. 


Yeah, I've never heard of a Sony video game console /sarcasm.



This doesnt look good at all. Maybe next year will bring a change of fortune for Sony but I have my doubts.



If they ever survive, they need to come up with a game changer, I doubt they have it in them.



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