Thanks for your article. What about the company itself, were there any changes in staff during this year? Or were some decisions made that define the future of the company? I mean there should be a model that explains the drop in stock price. Internal value is not in direct proportion with stock price.
Well Nintendo is very cash generative because it outsources its Capex to third parties (obviously this is represented in the gross margin)and not much to say about the balance sheet, it's impecable!
Great update. Nintendo is one of our largest positions. Just posted our report on them if your interested. https://open.substack.com/pub/schwarcapitalmanagement/p/nintendo-ntdoy-equity-research-report?r=2m1atw&utm_medium=ios
Thank you, will read!
Thanks for your article. What about the company itself, were there any changes in staff during this year? Or were some decisions made that define the future of the company? I mean there should be a model that explains the drop in stock price. Internal value is not in direct proportion with stock price.
I think the future of the company will be good, nothing changed this quarter about the long-term thesis.
Terrific article. Could you comment on the balance sheet and cashflow?
Well Nintendo is very cash generative because it outsources its Capex to third parties (obviously this is represented in the gross margin)and not much to say about the balance sheet, it's impecable!
Thank you.