CraigerGamer
Member
amazing work by Nintendo. I'm not sure I've ever seen a turnaround like this.
Edit:
Edit:
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Nintendo stock up nearly 5% this morning
- Thread starter CraigerGamer
- Start date
ShadowFox08
Member
Receipts? And why?
Living the Dream
Member
Urban Champion putting in work
Boy Wander
Member
Credit Suisse (Swiss Investment Bank) upped their lifetime sales estimates for Switch.
GregLombardi
Member
For the first time, I think you're beginning to see investors view Nintendo as a holistic company on its own, instead of in concert with the other makers. I think their financials in the next year or two will continue to tell that same story.
evil monkey
Member
All these positive stories are getting out of hand. We need some good old doom and gloom for it to feel right.
Nights Owl
Member
Is this a joke? I'm really not sure.
It's only at 5M currently isn't it? I don't see another 20M in the next 5-6 Months.
sixteen-bit
Member
Wow, Wii era.
GregLombardi
Member
Wii era US share price was over $80. We're currently at 40s. It was also ridiculously overpriced, if I recall.
AndrewDean84xX
Banned
Switch + SNES Classic gonna kill it this holiday season.
It was at 4.7 million on June 30th, so 9 months for 20 million. Still won't happen, of course, with current stock issues.
i think its because of news that they're going to try to enter China again in 2019 with Tencent making games for the switch could lead to some partnership
https://www.wsj.com/articles/nintendo-deal-with-tencent-paves-way-for-china-push-1505825294
https://www.wsj.com/articles/nintendo-deal-with-tencent-paves-way-for-china-push-1505825294
Principate
Saint Titanfall
It's all in preparation for a return to dat Nintendo-like profits
BanjoLayleeYookaKazooie
Banned
That's a pretty big turnaround from last year where their only relevant products going into the holiday were new Pokémon gen boosted but still really old 3DS and the NES Classic.
Now it's scary to think how much bank Nintendo will make over the next 4-5 months.
Now it's scary to think how much bank Nintendo will make over the next 4-5 months.
CraigerGamer
Member
I bought in November of 2015 at $20.28. It's now trading at $46.17.
Here is today's action:
https://www.bloomberg.com/quote/NTDOY:US
Here is today's action:
https://www.bloomberg.com/quote/NTDOY:US
Skittzo0413
Member
Analysts are also expecting them to begin marketing and selling Switches in China within a couple years, which might be extremely lucrative. https://www.wsj.com/articles/nintendo-deal-with-tencent-paves-way-for-china-push-1505825294
Especially if there's more to the deal with Tencent than just that one MOBA.
Especially if there's more to the deal with Tencent than just that one MOBA.
Nah let's stay in positivity land for a good while.
CharminUltra
Member
Turns out all people really wanted all along was Super Mario Bros Arcade.
AcademicSaucer
Member
Hopefully the drop isn't so bad when people sell on news.
Chû Totoro
Member
This is Credit Suisse's upgrading effect.
Credit Suisse + Tencent
Wow that's huge.
hanspampel
Banned
probaby this
LegendofLex
Member
Skittzo0413
Member
I bought in 2011 and again in 2012-13 at around $15 average, and sold most of that last summer at $37
. But I bought some more closer to $25 last Fall and that's looking decent too.
Just to clarify, this isn't news that they're going to try to enter China, but rather rumors/analyst expectations.
thekonamicode
Member
New 3DS and 2DS lines will also be huge this fall, once again.
As funny as this would be as a reason, these sorts of moves are usually not done by people who watch Press Conferences.
Tencent's announcement of AoV, as noted before, is a really *big* low key unveil. There's going to be a lot of potential for bullish changes in forecasting for many reasons and this is a big one that is hard to gauge but we know has a monstrously high potential if it hits the right beats.
Niceguydan8
Member
DeuceGamer
Member
So glad I bought in when it was low. It's been a much quicker turnaround than I expected though. They are in a really good place currently with a couple successful mobile games (FE and Pokemon Go), the Switch is selling as quickly as they can produce them, the SNES/NES classics will also sell as much as they can produce, and Amiibo continue to sell decently. Hopefully they can get their manufacturing issues fixed and pump out plenty of hardware in the next 3-4 months.
It's mostly a joke.
But Nintendo with Tencent in China feels like it throws a wrench into any sales predictions.
There seems to be quite a few people here who may be video game enthusiasts and they seem to react positively to positive news regarding one of the major players in the video game industry.
Duchess O'Death
Member
Nostalgia.
HackTheSlash
Member
Nintendo just straight up murdered my wallet this year. In cold blood. In broad daylight. In front of a cop.
And there is no signs of slowing down. They are just nailing games this year IMO.
And there is no signs of slowing down. They are just nailing games this year IMO.
Jonneh3003
Banned
You nailed it.
BanjoLayleeYookaKazooie
Banned
People congratulate most gaming success here, leads to an overall healthier market with more games that have more ambition and possibly more investment in new IP.
Unless you want more failure and less risks, ambition and money flowing in the industry I don't see why you have a problem with the subject of the thread.
Or you could be like the at least one other user ITT who just have an irrational hatred this particular company. That too.
RubberedDucky
Neo Member
Dammit, i knew I had to jump in when their stock was low because of the WiiU
This was me, only I sold at the peak of Pokemon Go popularity. Felt pretty good about my decision making for a few months...
Lesson learned: never doubt Ninty!
I really don't like it when people post OPs like this that don't explain anything.
I had no idea this was in response to the Credit Suisse report until reading the replies.
Niceguydan8
Member
I'm happy to see their stocks rise. I think they are deserving given how neat of a concept the Switch is. I'm glad that going against the status quo again worked out for Nintendo.
I would rather see more of that in the industry and less of what essentially boils down to new systems only making games look prettier with not much else new.