External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>AAOI recommends investing in Nintendo ahead of the launch of the Switch 2 console cycle in mid to late 2024</li><li>Analyst sees potential for multiple expansion, margin improvement, and continued monetization of intellectual property through theme parks and movies</li><li>Bullish on Nintendo's stock in absolute terms and relative to other companies in the video game and media sectors, predicting significant gains based on past launch cycles.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

AAOI recommends investing in Nintendo ahead of the launch of the Switch 2 console cycle in mid to late 2024Analyst sees potential for multiple expansion, margin improvement, and continued monetization of intellectual property through theme parks and moviesBullish on Nintendo's stock in absolute terms and relative to other companies in the video game and media sectors, predicting significant gains based on past launch cycles.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Nintendo Co Ltd (NTDOY) - Sunday, Jan 7, 2024

Japan Specialist

Mark Chadwick

<ul>
<li>Nintendo's share price fell ~6% on rumours of Switch 2 delay, wiping around $4 billion of the market cap</li>
<li>We do not believe that a one quarter delay will have any impact on the console's long-term sell-through or the stock's valuation</li>
<li>With Sony's PS5 faltering, Nintendo is launching at an opportune time. We turn bullish on the stock with ~25% upside from here</li>
</ul>


Nintendo's share price fell ~6% on rumours of Switch 2 delay, wiping around $4 billion of the market cap
We do not believe that a one quarter delay will have any impact on the console's long-term sell-through or the stock's valuation
With Sony's PS5 faltering, Nintendo is launching at an opportune time. We turn bullish on the stock with ~25% upside from here


Nintendo (7974) | Delayed...Or Just Fashionably Late

Independent Sell Side Equity Research Analyst, ChartSmarter

Douglas Busch

Independent Sell Side Equity Research Analyst

ChartSmarter

ChartSmarter is a service dedicated to the art of technical analysis.

On a daily basis we write up actionable ideas on a specific, major S&P sector on both the long and short side, in an easy yet thorough way. In the notes we give precise entries and exits, while looking to capture the "meat" of a trend.

Technical Analysis.

Technical Analysis

KraneShares CSI China Internet ETF / Technical Analysis

<ul>
<li>KWEB giving an attractive entry point here, as it begins to outperform the domestic FDN.</li>
<li>Toyota&gt;Honda and look for that relationship to continue going forward.</li>
<li>JD&gt;BABA, a new dynamic divergence between the two, and my opinion is JD will be the leader in 2024 and beyond.</li>
</ul>


KWEB giving an attractive entry point here, as it begins to outperform the domestic FDN.
Toyota&gt;Honda and look for that relationship to continue going forward.
JD&gt;BABA, a new dynamic divergence between the two, and my opinion is JD will be the leader in 2024 and beyond.


KWEB Attractive, Toyota and JD.com Best in Breed

<ul>
<li>Nintendo's Q2 results show solid performance but still fall short of expectations, with a conservative full-year profit outlook</li>
<li>The impending release of "Switch 2" in 2H24 raises questions about the company's ability to replicate the original Switch's success</li>
<li>We see the current 11x EV/EBIT as fair for the stock and do not anticipate a valuation breakout until the market can assess the credentials of "Switch 2"</li>
</ul>


Nintendo's Q2 results show solid performance but still fall short of expectations, with a conservative full-year profit outlook
The impending release of "Switch 2" in 2H24 raises questions about the company's ability to replicate the original Switch's success
We see the current 11x EV/EBIT as fair for the stock and do not anticipate a valuation breakout until the market can assess the credentials of "Switch 2"


Nintendo (7974) | Stock Performance Ahead 'Switch 2' Speculation

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Event-Driven

<ul>
<li>PCAOB officials concluded their Hong Kong visit last month and PCAOB is due to announce its annual judgment on whether it had adequate access to US listed China companies.</li>
<li>The Hong Kong visit was on the back of the 26th Aug 2022 announcement by PCAOB and CSRC that they had entered into an agreement with US authorities for access.</li>
<li>In this note, we'll talk about the latest developments, possible outcomes and implications.</li>
</ul>


PCAOB officials concluded their Hong Kong visit last month and PCAOB is due to announce its annual judgment on whether it had adequate access to US listed China companies.
The Hong Kong visit was on the back of the 26th Aug 2022 announcement by PCAOB and CSRC that they had entered into an agreement with US authorities for access.
In this note, we'll talk about the latest developments, possible outcomes and implications.


China ADRs Delisting - Friday Could Be Judgment Day for over US$800bn Mcap of Stocks

Japan

Nintendo Co., Ltd. globally develops, manufactures and sells home-use video game hardware and software in home entertainment business.  The company also produces home-game products including cards.

Nintendo (7974 JP)

Nintendo Co Ltd (NTDOY) - Sunday, Jan 7, 2024

Bullish on Nintendo's stock in absolute terms and relative to other companies in the video game and media sectors, predicting significant gains...

Value Investors Club

Nintendo (7974) | Delayed...Or Just Fashionably Late

Nintendo's share price drops on Switch 2 delay rumors, but long-term outlook remains strong with bullish sentiment and potential 25% upside.

Mark Chadwick

KWEB Attractive, Toyota and JD.com Best in Breed

Chinese softness feels like a rear view mirror story. Leaders in Japan likely to continue to flourish. Invest accordingly.

Douglas Busch

Nintendo (7974) | Stock Performance Ahead 'Switch 2' Speculation

Nintendo's Q2 results were okay, but full year guidance still short. The lack of normal share price cyclicality could limit the impact of the...

Mark Chadwick

China ADRs Delisting - Friday Could Be Judgment Day for over US$800bn Mcap of Stocks

PCAOB officials concluded their Hong Kong visit last month and PCAOB is due to announce its annual judgment on whether it had adequate access to US...

Sumeet Singh

Nintendo Co Ltd (NTDOY) - Sunday, Jan 7, 2024

Bullish on Nintendo's stock in absolute terms and relative to other companies in the video game and media sectors, predicting significant gains...

Value Investors Club

Nintendo (7974) | Delayed...Or Just Fashionably Late

​Nintendo's share price drops on Switch 2 delay rumors, but long-term outlook remains strong with bullish sentiment and potential 25% upside.

Mark Chadwick

KWEB Attractive, Toyota and JD.com Best in Breed

Chinese softness feels like a rear view mirror story. Leaders in Japan likely to continue to flourish. Invest accordingly.

Douglas Busch

Nintendo (7974) | Stock Performance Ahead 'Switch 2' Speculation

​Nintendo's Q2 results were okay, but full year guidance still short. The lack of normal share price cyclicality could limit the impact of the...

Mark Chadwick

China ADRs Delisting - Friday Could Be Judgment Day for over US$800bn Mcap of Stocks

PCAOB officials concluded their Hong Kong visit last month and PCAOB is due to announce its annual judgment on whether it had adequate access to US...

Sumeet Singh

Nintendo's share price drops on Switch 2 delay rumors, but long-term outlook remains strong with bullish sentiment and potential 25% upside.

Nintendo's Q2 results were okay, but full year guidance still short. The lack of normal share price cyclicality could limit the impact of the...