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

Forums - Sony - Another huge sony pop in stock this morning 13% gain

RenCutypoison on 14 May 2013

About M Loeb, has any foreigner really succeeded in intimidating a japanese company like that ?

Nothing seems more sure.

And wouldn't splitting divisions be a bad thing, knowing that their success is partly due to the fact they influence each other ?



Around the Network
sergiodaly on 14 May 2013
crissindahouse said:
NoCtiS_NoX said:
 


Well, I think Prof is saying that if you are having a swimming party with your friends then it's a nice phone to have. I like taking pictures when I am swimming in a pool and in a beach with friends and families. This is really a nice feature to have. 

Here in my country when it always rain most of the time. I can actually use my phone when it's raining without the fear of my phone getting soaked with rain. This is actually my desired phone ATM because of that feature alone.

yeah i said in another post that i understand that for rain or under the shower, just not why 100% waterproof is a selling point but ok, seems ike some really take pics in the pool, didn't think about that

this is serious offtopic but...

the ZR is not 100% waterproof, its IP58 certified, means, 1.5 meter deep and for 30 minutes only. what is different from other Xperia models with WP is the dedicated shutter button that allows to start and stop underwater videos and take pics underwater... the other models would need to start recording above water and take pics with a timer because touch screen is unusable underwater.

Proudest Platinums - BF: Bad Company, Killzone 2 , Battlefield 3 and GTA4

Wlakiz on 14 May 2013
kowenicki said:
theprof00 said:
kowenicki said:
theprof00 said:
kowenicki said:
theprof00 said:
kowenicki said:
Yen and suggested break up of Sony.

Yen really hasn't changed since last week, and if anything has gone down.
the suggested break up of sony was just by a hedge fund manager....so it would be speculation on the part of investors, creaming at the thought of lopping off the weaker divisions into other companies. 


correct.

it has nothing to do with a single phone model.  that would be ludicrous.

I'm not really familiar with the investor mindset, but I don't really take them to be very smart for the most part, at least not about the video game industry.

You don't think a huge selling phone would do that? eh, maybe you're right.

well seeing as revenue doubling in mobile lead to massive losses in that division last year.. no, it wouldnt.

A new phone wouldnt cause the value of a company like Sony to increase by over 10%.  they are too diverse for that by far.

Did they turn a profit in the phone division last quarter?
It's so hard to keep up with where Sony is putting their assets. Is phone in the same as gaming?

And even then, the profit margin was pretty small (17m$)..
And also sale of buildings helped with the bottom line.

Yeah, I see your point.
But man, this idea just makes investers sound rather silly.
Some guy (albeit someone who owns 6% of the stock) says they should lop off an arm, and everyone jumps on the train.

(I would sell the pc business, myself.. that's another television division waiting to happen)
EDIT: Although, he's not really asking them to sell off divisions, correct? He's asking them to split...so like, tv division becomes "Bravia Corp", and pc division become "vaio corp", so that the main Sony only includes great margin divisions...in theory, this would skyrocket the stock. This would account for the rise today, definitely, but are people taking what this guy is asking for so seriously?

Mobile and gaming are different divisions.

Mobile lost $1bn in the year to March 31st 2013 and a loss off $235m in the last quarter alone. 

Gaming made a profit of $16m in the year and a loss of $15m for the quarter.

 

You are correct in your final part, although splitting is sellign off, as they then come up for grabs.  But it would raise the value of the stock significantly, perhaps only for a short term, whilst the process went on.  I dont see this happening by the way.

Nice to talk to someone willing to have a proper discussion.

.... the stock jump is likely due to the large stake that this investor has on Sony, not the fact that they are avocating for a split.  Everytime there is a large buy, prices goes up and more people jumping on the bandwagon fuels the momentum. To put into perspective,  Sony's volumn averages about 3million trades a day.. this morning, they did 28 million. 

Not to mention the stake holder is Third Point. The only firm known to have made money off the euro crisis. Such a high profile hedge fund investing on Sony just build expectation for greater stock demand.

I would also like to reiterate the point that stock prices are soely based on expectation. Earning, performance and rumors create expectations but they don't correlate directly to stock performance. 



PullusPardus on 14 May 2013

You can't invest in Sony online unless you live in US and Canada =/ , otherwise, you have to go to your bank and do it through a stockbroker, and those guys' job is basically rob your money, as you have to pay the broker fee, thus making it kind of useless.



PullusPardus on 14 May 2013
kowenicki said:
PullusPardus said:
You can't invest in Sony online unless you live in US and Canada =/ , otherwise, you have to go to your bank and do it through a stockbroker, and those guys' job is basically rob your money, as you have to pay the broker fee, thus making it kind of useless.


Sorry, but that's a load of nonsense.

i have an online trading account that allows me to trade in US stocks.  Easy to set up and I get good market prices when I trade.  I'm in the UK. 


How much do you pay for that account?, also how is it nonsense? I am talking about the official Sony site.



Around the Network
theprof00 on 14 May 2013

Kowen what's your cost per trade?



NiKKoM on 14 May 2013

Bloomberg said you don't bet against Loeb... Anway this surge was clearly because of Loeb and people are suspecting insider trading..

http://finance.yahoo.com/news/big-sony-options-action-loeb-221439741.html

A surge in option market bets on Sony Corp just before a large hedge fund investor announced a big stake and called for a major restructuring of the company has raised concerns that some traders may have had advance word of the news.

"Monday's trading in Sony options appears suspicious, considering the extraordinary volume relative to their average and the bullish direction of those bets," said Ophir Gottlieb, managing director of options analytics firm Livevol.



 

Face the future.. Gamecenter ID: nikkom_nl (oh no he didn't!!) 

loy310 on 14 May 2013
Max King of the Wild said:
The break up was quickly denied by Kaz and it was of the entertainment division (AKA one of the better divisions in Sony). If people think Sony would give up Beyoncé and Iron Man you guys are nuts


Iron Man? Wtf are you smoking?



Talal on 14 May 2013
loy310 said:
Max King of the Wild said:
The break up was quickly denied by Kaz and it was of the entertainment division (AKA one of the better divisions in Sony). If people think Sony would give up Beyoncé and Iron Man you guys are nuts


Iron Man? Wtf are you smoking?


He probably meant Spider Man. :p



Max King of the Wild on 14 May 2013
Talal said:
loy310 said:
Max King of the Wild said:
The break up was quickly denied by Kaz and it was of the entertainment division (AKA one of the better divisions in Sony). If people think Sony would give up Beyoncé and Iron Man you guys are nuts


Iron Man? Wtf are you smoking?


He probably meant Spider Man. :p

I saw Iron man yesterday must be fresh in my mind