NTDOY.pk - Nintendo (It's an ADR)

[bjc]

Nintendo.  The Wii is incredibly popular, and the DS, their handheld is a consistent seller. 

The stock has done nothing but go up for the past 2 years, but I don't see why it should stop.

Its listed .pk on Yahoo!, but there's no reason it should be classified that way.  The market cap is 54 billion.  PE is about 35...tons of growth for the Wii.  I think nintendo should be a double in the next year.  It is constantly at a 52 week high.

[setravis]

NTDOY -- Nintendo Co., Ltd.
Amer Dep Rec; (representing 1/8 Ord sh)
Primary Venue: Pink Sheets


Best Bid: 45.71 (200 shares)
Best Ask: 45.85 (200 shares) *

Date/Time of Last Inside Change: Fri Jun 29 15:58:42 EDT 2007 
* Quoted on the Pink Sheets

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TRADE DATA Last Sale: 46.15
Change: +0.00

Percent Change: +0.000003
 
Daily High: 0.00 Daily Low: 0.00

Opening Price: 0.00 Volume: 0
Annual High: 46.15
Annual Low: 20.45 
Dividend: 0.36 Earnings/Share: N/A 
Previous Close: 46.15  P/E ratio: N/A
Yield: 0.78     
   Beta Coefficient: 0.59
Last Trade Date/Time: 06/28/2007   
PLEASE NOTE: This is a foreign Pink Sheets or Grey Market security. The trade information for this security is available only at the end of the trading day. Best Bid and Ask reflect prices between 8:00am and 4:00pm EST, after these hours the best Bid and Ask at 4:15pm is shown.

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[bjc]

NTDOY.pk closed at 49.67 today. 

It does nothing but go up...

[bjc]

NTDOY.pk continues to cruise higher.  I think it's gone down one day since I bought it.  Closed at 51 yesterday, and it looks on ETrade like it will close somewhere in the upper 51s, currently showing bid 51.75 and ask 51.95. 

Has anyone played the Wii?  It's probably the most fun thing ever.  Especially if you like to have a drink or two with some friends and act like an idiot.  It's hard to explain how fun it is.  Gaming hasn't been so interactive since Duck Hunt. 

E3, the big gaming summit, was held currently.  Nintendo has completely dominated this most recent run.  Mainly due to the concept, and the price.  They're not resting on their laurels...

From a Businessweekonline article..

"Nintendo's (NTDOY) Wii has looked like a winner in the latest round of the gaming console wars. So the pressure was on Sony (SNE) and Microsoft (MSFT) at this week's Electronic Entertainment Expo (or E3) to prove that their PlayStation3 and Xbox 360 have plenty of fight left. Both companies needed to pull out the big guns.

Yet it was Nintendo that pulled out the biggest gun of all. At the annual gamers conference, the company showed off a new Wii controller shaped like a ray gun, and tentatively named "the Zapper." The device, which will arrive in stores later this year, looks like a cross between a rifle and a remote. It'll run $19.

Nintendo also unveiled a wheel-shaped controller for racing games, and pressure-sensitive balance board for use with the Wii's hula hoop games, as well as its other sports and exercise offerings. The wheel will be included for free with racing games, while the exercise board is expected to go for more than $50. "

I love the price point of $19 for the controller.  Sony and Microsoft's items costs double that...

This kinda reminds me of when the iPod came out.  Because NTDOY's mkt cap is already about $60 biillion, I don't think they can make a comparable run.  But this will certainly be another hot item this holiday season.  The Wii is just sweet.

[spiritgate]

But why is it still a pink sheet stock?

[spiritgate]

OK- I hate to be this stupid but- how do you write an order for this one.  I've never done an order for a stock that says it's 52.20 per 200 shares.  Can you give me an example order if I want to put in $2000 worth- how many shares do I write in?

Thanks ahead of time!

[bjc]

Nintendo is unfortunately only available in round lots of 100 shares.  So the minimum investment is the current share price x 100.   

[setravis]

Profit surge....Daytrade the news

The Wall Street Journal reports Nintendo (NTDOY.PK 56.00) said net profit surged more than fourfold in Q1 and raised its full-year profit forecast by 40% as its Wii videogame console continues to outsell Sony's (SNE) PlayStation 3 and Microsoft's (MSFT) Xbox 360. The company said its net income jumped to 80.3 bln yen ($668.82 mln) in the April-June quarter from 15.6 bln yen a year earlier, as sales more than doubled. Nintendo expects a 40% increase in net income for the full fiscal year ending March to 245 bln yen from 174.3 bln yen.

[spiritgate]

Nintendo up 33% since July and still climbing!!!  I love this stock! javascript:void(0);