Nintendo
Posted: February 1st, 2021, 7:05 pm
quarterly results out today, this is a company generating roughly 40% ROCE, huge growth, significant net cash position of about £10bn in relation to £55bn market cap, and is benefitting from trends that should see profits grow strongly in the next few years, such as the migration to digital sales (much higher margin), and subscription models.
as a point aside, does anyone have any idea where to buy japanese shares if you have done so before at reasonable prices? HL are relatively expensive so i'd rather give them a miss. halifax is more reasonable but doesnt have nintendo ADRs, (though you can buy sony there).
as a point aside, does anyone have any idea where to buy japanese shares if you have done so before at reasonable prices? HL are relatively expensive so i'd rather give them a miss. halifax is more reasonable but doesnt have nintendo ADRs, (though you can buy sony there).