By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Sales - Are you impressed or not impressed with Wii U sales?

 

Impressed or not?

Impressed 187 41.01%
 
Not Impressed 269 58.99%
 
Total:456
Viper1 said:
Mazty said:

Issue is that over the last year the stocks have taken a 17% dive. Now, you can either cut your loses and sell, or hold on to them and hope stock prices recover, which imo is highly unlikely. A good investor would have sold stock back in 2010. Holding onto Ninty stocks now I would say is a very, very risky gamble. 

That's highly dependant on when you bought.  Or rather, at what prie you bought it at.  Certainly you don't expect it to keep dropping.

Actually, yeah, I'm pretty sure you do.

 


Considering the lacklustre support in Europe and from developers, as well as potential competition from MS and Sony due witihin 12 months, yeah, I do expect to see stocks to keep on falling and so do most investors as stocks have been tumbling for the last 12 months. 



Around the Network
Mazty said:
Viper1 said:
Mazty said:

Issue is that over the last year the stocks have taken a 17% dive. Now, you can either cut your loses and sell, or hold on to them and hope stock prices recover, which imo is highly unlikely. A good investor would have sold stock back in 2010. Holding onto Ninty stocks now I would say is a very, very risky gamble. 

That's highly dependant on when you bought.  Or rather, at what prie you bought it at.  Certainly you don't expect it to keep dropping.

Actually, yeah, I'm pretty sure you do.

 


Considering the lacklustre support in Europe and from developers, as well as potential competition from MS and Sony due witihin 12 months, yeah, I do expect to see stocks to keep on falling and so do most investors as stocks have been tumbling for the last 12 months. 

Longer than that.  But that's because it was overvalued for a few years thanks to massive hype.   However, go take a look at a few major Japanese firms...they are all going down the past year.

They can't all be dropping because of Nintendo's launch figures or the compeition 12 months from now.



The rEVOLution is not being televised

Viper1 said:
Mazty said:
Viper1 said:
Mazty said:

Issue is that over the last year the stocks have taken a 17% dive. Now, you can either cut your loses and sell, or hold on to them and hope stock prices recover, which imo is highly unlikely. A good investor would have sold stock back in 2010. Holding onto Ninty stocks now I would say is a very, very risky gamble. 

That's highly dependant on when you bought.  Or rather, at what prie you bought it at.  Certainly you don't expect it to keep dropping.

Actually, yeah, I'm pretty sure you do.

 


Considering the lacklustre support in Europe and from developers, as well as potential competition from MS and Sony due witihin 12 months, yeah, I do expect to see stocks to keep on falling and so do most investors as stocks have been tumbling for the last 12 months. 

Longer than that.  But that's because it was overvalued for a few years thanks to massive hype.   However, go take a look at a few major Japanese firms...they are all going down the past year.

They can't all be dropping because of Nintendo's launch figures or the compeition 12 months from now.

Ninty obviously is going to suffer due to the strony Yen, but yeah, I can't see Nintendo stock rising by any significant amount any time soon - the wii u has yet to really show any sign of being "next-gen" and until it does, investors and gamers alike won't be crazy for it. 



I think that we can't take any conclusions with first week sales. If we take a look at other consoles, there isn't a pattern. By first week sales, PS3 should sell less than Gamecube, DS less than GBA and so on.



Mazty said:
Viper1 said:

Longer than that.  But that's because it was overvalued for a few years thanks to massive hype.   However, go take a look at a few major Japanese firms...they are all going down the past year.

They can't all be dropping because of Nintendo's launch figures or the compeition 12 months from now.

Ninty obviously is going to suffer due to the strony Yen, but yeah, I can't see Nintendo stock rising by any significant amount any time soon - the wii u has yet to really show any sign of being "next-gen" and until it does, investors and gamers alike won't be crazy for it. 

Investors don't know what the hell next gen is nor do they care.

You really want to look at a problem, guess who most video game investors get their advice from...Michael Pachter.  Didn't he say a few days ago that Nintendo is irrelevant?



The rEVOLution is not being televised

Around the Network
Viper1 said:
Mazty said:
Viper1 said:

Longer than that.  But that's because it was overvalued for a few years thanks to massive hype.   However, go take a look at a few major Japanese firms...they are all going down the past year.

They can't all be dropping because of Nintendo's launch figures or the compeition 12 months from now.

Ninty obviously is going to suffer due to the strony Yen, but yeah, I can't see Nintendo stock rising by any significant amount any time soon - the wii u has yet to really show any sign of being "next-gen" and until it does, investors and gamers alike won't be crazy for it. 

Investors don't know what the hell next gen is nor do they care.

You really want to look at a problem, guess who most video game investors get their advice from...Michael Pachter.  Didn't he say a few days ago that Nintendo is irrelevant?

Smart investors research a company before throwing money at it.

Well Pachter has a point here. Nintendo have been flogging the same tired franchises for decades as well as having a 3rd entry into the "gimmick" market. Only time will tell if that will pay off, but considering the reaction in Europe, it looks like people are tired of them. 



Mazty said:

Smart investors research a company before throwing money at it.

There's your problem right there.   Not only are most investors not all that smart but very, very, very few actually research the companies or the mutual fund (collection of stocks) they are investing in.    Most get their advice 3rd party (personal investment advice, mainstream news, other investors.   

Go ask a tech investor anything about the company they invest in, 99% of the time they'd be lucky to quote anything more than the About page on their web site.



The rEVOLution is not being televised

Mazty 1 hour ago
TheLastStarFighter said:
runqvist 2 hours ago
Selling less than Wii, definitely not impressed. If I was a ntdoy stock owner, I would be selling as fast as possible.
THen you would make a very poor investor. Today it is at a near all-time low. You would lose money. Wise investors sell when it's high.


Issue is that over the last year the stocks have taken a 17% dive. Now, you can either cut your loses and sell, or hold on to them and hope stock prices recover, which imo is highly unlikely. A good investor would have sold stock back in 2010. Holding onto Ninty stocks now I would say is a very, very risky gamble.

 

I will return to this in a little while and we will examine this statement.



Not impressed, it will get smashed in the comming years.



runqvist 1 hour ago
TheLastStarFighter said:
runqvist 2 hours ago
Selling less than Wii, definitely not impressed. If I was a ntdoy stock owner, I would be selling as fast as possible.
THen you would make a very poor investor. Today it is at a near all-time low. You would lose money. Wise investors sell when it's high.


Why is that? I don't see any profits on owning nintendo stock with the current price. My money should be making more money, not bleed left and right. Also it is nowhere near alltime low, the face value should have been a lot less than that. Don't you think so?

 

Not at all. Nintendo typically makes billions in profits anually and pays out high dividends. It's coming off its only loss ever, that's why the stock is so low. They are going to turn a profit this coming year. Actually, it will probably exceed profit projects because they were based on an 80yen/1US dollar exchange rate and the rate is now over 82/$ and getting better(worse). Depending on the Fiscal Cliff working out, and the Japanese election, the yen should fall further to 90/$ or so. With WiiU launched and 3DS establishing its base and now selling at a profit, last year will likely be be Nintendo's worst for the next 5. Therefore it is an outstanding time to buy the stock. Keep in mind that even when the GameCube was selling just 20 million units Nintendo turned billion profits. So even if the WiiU is a Cube-like flop, it will still make them money for a few years. Also, with billions in reserves Nintendo won't go belly up. Buy stock, watch it grow or kick yourself at a missed opportunity.

FYI, simple math calculations project Nintendo shares to be worth about $26 next year at this time, a 100% gain from today. Maybe even better.