Nintendo (7974) - Earnings Forecasts⬇︎ Stock Split, Buyback, and HOW TO SELL WELL
Event-Driven
352 Views, 10 May 2022 18:29
EXECUTIVE SUMMARY
Nintendo has announced in-line-ish results for March 2022, and quite disappointing forecasts for March 2023. Mio Kato called it on 30 March as a sell. Excellent timing.
Nintendo has a buyback tomorrow and if you don't like the guidance, you should DEFINITELY read on below.
But Nintendo also announced something truly extraordinary - a stock split. Everyone pooh-poohs the impact of a stock split but... in this case it is probably not nothing.