Sony shares reach 5-year high

The electronics giant's stock hit its highest level since 2002 at the close of the Tokyo Stock Exchange today.  

PlayStation 3 manufacturer Sony received a welcome boost today, after an HSBC analyst upgraded its shares from 'neutral' to 'overweight,' reports Bloomberg.

The company's stock closed up 4.1 percent on the Tokyo Stock Exchange at 6,940 yen (approx $57), the highest price since June 12, 2002. The five-year high followed a report at the end of play on May 18 by HSBC Securities' Carlos Dimas, who raised the investment rating of the company, citing higher profitability and stronger earnings in the LCD TV business.

Last week Sony announced that its game division had made a $914 million loss for the first quarter of 2007, primarily due to production of the PlayStation 3 at "strategic price points," although Bloomberg reports that the company predicted net income would double in the fiscal year ending March 2008.

Other analysts, including Mizuho Investors Securities' Mitsuhiro Osawa, have also raised their assessments of the company during the past week. ..

DISCUSS...

At least it shows the company is still worth something to the public.

This is System Wars not Corporate Wars.ZebethOrZebes

:lol: Funny. 

Sony has their hands in other things than just the Playstation.foxhound_fox

exactly, they are an electronics company but their games division is taking a financial hit.

Sony shares reach 5-year high

The electronics giant's stock hit its highest level since 2002 at the close of the Tokyo Stock Exchange today.  

[QUOTE=".."]

PlayStation 3 manufacturer Sony received a welcome boost today, after an HSBC analyst upgraded its shares from 'neutral' to 'overweight,' reports Bloomberg.

The company's stock closed up 4.1 percent on the Tokyo Stock Exchange at 6,940 yen (approx $57), the highest price since June 12, 2002. The five-year high followed a report at the end of play on May 18 by HSBC Securities' Carlos Dimas, who raised the investment rating of the company, citing higher profitability and stronger earnings in the LCD TV business.

Last week Sony announced that its game division had made a $914 million loss for the first quarter of 2007, primarily due to production of the PlayStation 3 at "strategic price points," although Bloomberg reports that the company predicted net income would double in the fiscal year ending March 2008.

Other analysts, including Mizuho Investors Securities' Mitsuhiro Osawa, have also raised their assessments of the company during the past week. arabi_89

DISCUSS...

Didn't the gaming division just post a massive loss?

So yeah, Sony stock doesn't necessarily point to Sony gaming success. 

"S0ny iz t3h 0ut of bizznes. they r t3h fa1l!!1! No PS4 LOLz!"

People forget that SONY is a hardware electronics giant. The fact of the matter is as long as SONY has money, there will always be a new playstation on the horizon.

I"ve always supported Sony's TV division...

That's great and all, but the stock market as a whole is nearing all-time highs. Thus, for Sony's stock to be at a 5 year high is not really anything spectacular.

lol, last week lemmings were coming out of the woodwork and saying Sony is doomed and will be going bankrupt soon. Anybody want to admit they are now owned to the max?Onizuka36

:lol: exactly! when it comes to sony *bad news* Lemmings, sheep : sony is doomed no more ps4 no more this that, the ps3 is going to be discontinued...etc

When good news come *lemmings, sheep wear the thick black eye glasses and walk past it or this is system wars not company wars or...etc

As the chart in this link shows, MS is near its 5 year high as well. I could not find a chart for Nintendo.Kestastrophe

Remember, like Sony, Microsoft has other products... a little something called "Windows" I think?

[QUOTE="Kestastrophe"]As the chart in this link shows, MS is near its 5 year high as well. I could not find a chart for Nintendo.SemiMaster

Remember, like Sony, Microsoft has other products... a little something called "Windows" I think?

What is your point? 

if i was an investor, i would second guess keeping my sony shares at this point because of the HUGE losses the games division has had.chrisdojo

Why? Despite game division losses, other areas were still very profitable. Remember, you aren't investing in SCEA; you're investing in Sony as a whole.

[QUOTE="chrisdojo"]if i was an investor, i would second guess keeping my sony shares at this point because of the HUGE losses the games division has had.-Spock-

Why? Despite game division losses, other areas were still very profitable. Remember, you aren't investing in SCEA; you're investing in Sony as a whole.

just ignore the blind fanboys, if everybody would do such thing as he mentioned no one would have a business. *i made a 1$ loss this month comparing to last month which i made 1 billion$ profit, i certainly should close down the company* meh...

This is System Wars not Corporate Wars.ZebethOrZebes

if i was an investor, i would second guess keeping my sony shares at this point because of the HUGE losses the games division has had.chrisdojo

Btw, I smell a lot of damage control in this topic.  Just last week all I read was "Sony is going out of business."  Now it's, "teh stocks don't matter, Sony needs to quit gaming." :D 

[QUOTE="ZebethOrZebes"]This is System Wars not Corporate Wars.ragrdoll21

Sony has their hands in other things than just the Playstation.foxhound_fox

[QUOTE="-Spock-"]

[QUOTE="chrisdojo"]if i was an investor, i would second guess keeping my sony shares at this point because of the HUGE losses the games division has had.arabi_89

Why? Despite game division losses, other areas were still very profitable. Remember, you aren't investing in SCEA; you're investing in Sony as a whole.

just ignore the blind fanboys, if everybody would do such thing as he mentioned no one would have a business. *i made a 1$ loss this month comparing to last month which i made 1 billion$ profit, i certainly should close down the company* meh...

   Better yet, ignore people like you that act like you know everything.

   Actually, an investor would want Sony to start rethinking their gaming division, because if you take away the losses, they would have more money which is what they invest for anyways. You think they want to run a charity? 

[QUOTE="ZebethOrZebes"]This is System Wars not Corporate Wars.ragrdoll21

This is System Wars not Corporate Wars.ZebethOrZebes

That's why I thought it was funny seeing the doom and gloom posts about SOE demise.  Those type of posts are always funny.

[QUOTE="arabi_89"][QUOTE="-Spock-"]

[QUOTE="chrisdojo"]if i was an investor, i would second guess keeping my sony shares at this point because of the HUGE losses the games division has had.DXGreat1_HGL

Why? Despite game division losses, other areas were still very profitable. Remember, you aren't investing in SCEA; you're investing in Sony as a whole.

just ignore the blind fanboys, if everybody would do such thing as he mentioned no one would have a business. *i made a 1$ loss this month comparing to last month which i made 1 billion$ profit, i certainly should close down the company* meh...

   Better yet, ignore people like you that act like you know everything.

   Actually, an investor would want Sony to start rethinking their gaming division, because if you take away the losses, they would have more money which is what they invest for anyways. You think they want to run a charity? 

lol, see this is what people still don't get.  SOE used Blu-Ray in the PS3 as a trojan horse to win the new HD format war.  Once they win, SOE will be in the money.  Again, you are not privy to their reasoning behind their business decisions.  Analysts have said time and time again, SOE was banking on PS3 winning the format war for them and were willing to take a hit in the gaming division to do it.

Take away that gaming division and you probably don't win the format war.  That's one reason why I disagree with your assement.

[QUOTE="ragrdoll21"][QUOTE="ZebethOrZebes"]This is System Wars not Corporate Wars.Eltroz

[QUOTE="ZebethOrZebes"]This is System Wars not Corporate Wars.ragrdoll21

Because it HAD to do with the gaming division, this has no direct relation to gaming. This makes as much sense as postning the profit for MS on their vista sales.

Watching cows post in this thread proves they know nothing about business or investing.DXGreat1_HGL

This is System Wars not Corporate Wars.ZebethOrZebes

[QUOTE="Eltroz"][QUOTE="ragrdoll21"][QUOTE="ZebethOrZebes"]This is System Wars not Corporate Wars.ragrdoll21

[QUOTE="DXGreat1_HGL"]Watching cows post in this thread proves they know nothing about business or investing.SergeantSnitch

 Give me a break and you cows don't? Hypocrite...

Better yet, ignore people like you that act like you know everything.

Actually, an investor would want Sony to start rethinking their gaming division, because if you take away the losses, they would have more money which is what they invest for anyways. You think they want to run a charity?

 

DXGreat1_HGL

Actually, losses in the present have virtually no bearing on investor's decisions. What investors, or rather the managers at Sony, care about is the net present value of projects or divisions. If the net present value of the gaming division is greater than or equal to 0, then investors would want the company to invest in gaming because it creates value. I can explain in further detail if anyone wants.  

[QUOTE="Onizuka36"]lol, last week lemmings were coming out of the woodwork and saying Sony is doomed and will be going bankrupt soon. Anybody want to admit they are now owned to the max?arabi_89

:lol: exactly! when it comes to sony *bad news* Lemmings, sheep : sony is doomed no more ps4 no more this that, the ps3 is going to be discontinued...etc

When good news come *lemmings, sheep wear the thick black eye glasses and walk past it or this is system wars not company wars or...etc

So the shares are at a 5 year high thats great I think cows are just looking for good news where ever they can find it even if it is not game/system related. Sony isnt just a game company I expect them to make profits with their other ventures (electronics,movies, audio et cetera).

The fact of the matter is despite this " record high shares". SCE still loss 2 billion in its gaming department. No matter how the other parts of sony are doing that is bad. If this is going to make cows feel better then I say hey good news I guess.

[QUOTE="ragrdoll21"][QUOTE="Eltroz"][QUOTE="ragrdoll21"][QUOTE="ZebethOrZebes"]This is System Wars not Corporate Wars.Eltroz

[QUOTE="DXGreat1_HGL"]

Better yet, ignore people like you that act like you know everything.

Actually, an investor would want Sony to start rethinking their gaming division, because if you take away the losses, they would have more money which is what they invest for anyways. You think they want to run a charity?

 

Kestastrophe

Actually, losses in the present have virtually no bearing on investor's decisions. What investors, or rather the managers at Sony, care about is the net present value of projects or divisions. If the net present value of the gaming division is greater than or equal to 0, then investors would want the company to invest in gaming because it creates value. I can explain in further detail if anyone wants.  

 Ypu know this because you've talked to each individual investor, right?

[QUOTE="Eltroz"][QUOTE="ragrdoll21"][QUOTE="Eltroz"][QUOTE="ragrdoll21"][QUOTE="ZebethOrZebes"]This is System Wars not Corporate Wars.ragrdoll21

[QUOTE="Kestastrophe"][QUOTE="DXGreat1_HGL"]

Better yet, ignore people like you that act like you know everything.

Actually, an investor would want Sony to start rethinking their gaming division, because if you take away the losses, they would have more money which is what they invest for anyways. You think they want to run a charity?

 

DXGreat1_HGL

Actually, losses in the present have virtually no bearing on investor's decisions. What investors, or rather the managers at Sony, care about is the net present value of projects or divisions. If the net present value of the gaming division is greater than or equal to 0, then investors would want the company to invest in gaming because it creates value. I can explain in further detail if anyone wants.

Ypu know this because you've talked to each individual investor, right?

No. I know this because I have a Master's degree in business.