Stock price when the opinion was issued
Just looked at the results fairly recently in Cdn$ terms, and there is just no rhyme nor reason with what is going on. Some years it is huge profitability and other years it is big losses. He can get no fundamental comfort in terms of its performance. It has good cash reserves, so the dividend is probably safe.
A misunderstood story. Interesting valuation. Latest movie has done quite well. Always looking for ways to diversify revenue stream. Recurring revenue has boosted operating margin from 6% to over 30%, and that could continue to grow. 12x earnings, $13B in cash. Yield is 2.28%.
(Analysts’ price target is $11.21)Japanese market has been very strong this year and becoming more shareholder friendly. Forward PE is about 20x, so it's not deep value. Heavily depends on console sales and it's well into that cycle, so could have negative sales growth for the next 2 years. Excited about IP synergies across divisions such as video games and movies. (Price target in Japanese Yen.) Yield is 2.86%.
(Analysts’ price target is $6489.47)Very strong business with sticky user base (kids and grownups love video games). Benefited from demand in Japan equities. New products (Switch) coming out which is good for profits. New content with movies will increase demand for products. Stock valuation cheap relative to peers. Good for long term investors - will continue to own shares. Shift in the business - very strong trends.
The stock is acting well. The volume is not much. It has been acting well after the Pokey man thing. He would continue to own this.