@samirsoriano.bsky.social
Hah yeah I know all those just not familiar with those tickers. Bought and sold square enix this year, just a small amount. I think they're undervalued on FF14 specifically. Also sold my Nexon this year, so MSFT and NTDOY are my only exposure to gaming now
November 23, 2024 at 9:24 PM
Hah yeah I know all those just not familiar with those tickers. Bought and sold square enix this year, just a small amount. I think they're undervalued on FF14 specifically. Also sold my Nexon this year, so MSFT and NTDOY are my only exposure to gaming now
Lol idk any of those except Applovin. Wish I had bought them and still might. I am a customer of theirs and they're definitely best in class.
November 23, 2024 at 8:52 PM
Lol idk any of those except Applovin. Wish I had bought them and still might. I am a customer of theirs and they're definitely best in class.
What companies do you own/have you been buying?
November 23, 2024 at 8:38 PM
What companies do you own/have you been buying?
I think the new console is derisked because they just need to make an updated switch, and 3rd party support almost completely confirms it for me. My hunch is they eventually have a family of hardware on top of the core switch successor. We'll see though!
November 23, 2024 at 8:28 PM
I think the new console is derisked because they just need to make an updated switch, and 3rd party support almost completely confirms it for me. My hunch is they eventually have a family of hardware on top of the core switch successor. We'll see though!
I loaded up this year via DCA, my average cost is under $13 and I'm holding now. Personally i don't see the uncertainty, it's my highest conviction buy but again, I do think upside is limited compared to my small caps (hims, SOFI, HNST) and speculative (PLTR, BTC). I see it as a safe play though
November 23, 2024 at 8:21 PM
I loaded up this year via DCA, my average cost is under $13 and I'm holding now. Personally i don't see the uncertainty, it's my highest conviction buy but again, I do think upside is limited compared to my small caps (hims, SOFI, HNST) and speculative (PLTR, BTC). I see it as a safe play though
I'm thinking 3-5 years into the next console they'll be worth a whole lot more than they are today. But upside is limited too, not like they can get 1b people buying a console. And there are definitely more exciting companies to buy today than Nintendo, so there's an opportunity cost
November 23, 2024 at 8:13 PM
I'm thinking 3-5 years into the next console they'll be worth a whole lot more than they are today. But upside is limited too, not like they can get 1b people buying a console. And there are definitely more exciting companies to buy today than Nintendo, so there's an opportunity cost
You're right about cash (closer to $10b). But I think they price hardware aggressively, and I'm not worried about them meeting demand at launch. Their recent focus on 3rd party means there's a whole library of last/current gen games ready to port over to switch 2, where they have a 30% take rate.
November 23, 2024 at 8:10 PM
You're right about cash (closer to $10b). But I think they price hardware aggressively, and I'm not worried about them meeting demand at launch. Their recent focus on 3rd party means there's a whole library of last/current gen games ready to port over to switch 2, where they have a 30% take rate.
Don't forget intangibles like leadership and culture. There's a reason Nintendo is one of just a few gaming businesses that didn't have layoffs in the past few years, while sitting on $80b cash war chest on the balance sheet.
November 23, 2024 at 7:13 PM
Don't forget intangibles like leadership and culture. There's a reason Nintendo is one of just a few gaming businesses that didn't have layoffs in the past few years, while sitting on $80b cash war chest on the balance sheet.
The console cycle is shifting. NSO, online store, and backwards compatibility on digital titles means the down cycle for Switch gets dampened. Pair this with brand monetization and growing margins, and I believe there's 40-50% upside on market cap over the next few years
November 23, 2024 at 7:10 PM
The console cycle is shifting. NSO, online store, and backwards compatibility on digital titles means the down cycle for Switch gets dampened. Pair this with brand monetization and growing margins, and I believe there's 40-50% upside on market cap over the next few years