meronge's forum posts

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#1 meronge
Member since 2007 • 136 Posts

PS360_Gamer

i'm going use sony report numbers

122 total asset

90 in debt

that means if sony sells everything, their building, EVERYTHING and pays off their debt, they're left with 32 billion

i don't know how i could make it anymore simple

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#2 meronge
Member since 2007 • 136 Posts

[QUOTE="PS360_Gamer"][QUOTE="delta3074"]right i don't care anymore, you are talking utter rubbish if the forbes list says MS are richer than SONY then MS are richer than SONY, the forbes list has way more credibility than you do , you are making yourself look stupid, and people are starting to get annoyed with you,if you want to believe that SONY are richer in your liitle fantasy world, then please carry on, but would you please just remember we live in reality, and in reality people use the forbes list to determine which company is richer, and guess what? forbes says MS is richer, end of, just leave it alone before you wind yourself up to the point of getting moderated.delta3074
ye forbes says this forbes says that.....im showing income statements from the actual companies, and even if we use forbes, you using them in the wrong context....and dont call me annoying, cuz that makes u sound sad

so what information do you think forbes uses when they compile there lists genius, and no offense, how can a RANKING system be used out of context

I use the ACTUALLY SONY report that you linked.

if SONY sells EVERYTHING and EVERYTHING the own and pay back all the debt, they're left with 32 billion

even your OWN actually link that SONY producted themself says it, it's not MY fault that you don't want to to Read the WHOLE thing

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#3 meronge
Member since 2007 • 136 Posts

All i know is, Samsung has now replaced sony as the number one electronics corp in Japan.......Thats bad, samsung also has more money than Sony.......Samsung should make a console lol

Euroshinobi

sony was doing well with their tv and their walkman but look at them now

their tv sales aren't even top 5

their mp3 players are on pit bottom

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#4 meronge
Member since 2007 • 136 Posts

[QUOTE="StryderK"]

[QUOTE="PS360_Gamer"] i dont care if they CAN or CANNOT sell it, thats how rich they arePS360_Gamer

uh uhhh.....BUSINESS care!

Do you really think Sony goes, I don't care if I can or can not sell. We are worth XYZ amount of money, market be damned!

If you really think that way......Then I guess you won't be joining any companies soon cause that will automatically get fire.

Look, put it this way...Forbes, the leading magazine which many CEO's of large companies, including Sony, read, right now, list MS as being more rich than Sony.....And here you are, arguing that you have more business knowledge than CEO's, writers of Forbes (who are all probably graduates of top business colleges country and world wide), and simple common business sense....Who are we to believe? Sorry, again. Business is all about the bottom line. If you want to argue who is richer, the first thing people look at is how much money, profit, recently a company earned. If Company A is smaller but is earning mad money, aka, MS and Nintendo, then they are far richer than company B, who is consider bigger by some, but is loosing money left and right! End of DISCISSION!

your totally right, a 230 billion dollar company would sell themselves for 30 something billion..makes sense...srry i didnt think of this before u guys are all right

please tell me who says sony is 230 billion dollar company :) even your own link shows that sony's total asset is 120 billion with debt of 90 billion

please tell me something other than wikipedia :)

i even used your sony link tht you have given us, it CLEARLY says that 122 billion total assets with 90 billion debt

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#5 meronge
Member since 2007 • 136 Posts

[QUOTE="StryderK"]

[QUOTE="meronge"] sigh, if sony decides to sell the company, the could only expect to get the market value, little more, or little less and if they file bankruptcy, it would be much lessPS360_Gamer

Which is the WHOLE point PS360_Gamer isn't understanding or refuse to admit!

He thinks Sony can break apart and sell its individual piece piece meal and earn 200 billion. Ohh yea, if only the market works that way!

Look, if the entire kitten kaboodle goes for 36 billion, do you really think you can sell parts of it, say Sony's Columbia Pictures for 20 billion and get away with it? Hardly! The best they can do is around 2 billion, that's it. Why? Cause that's how much the MArket, aka, the buyer is willing to pay! Eventually, as you said, even selling peice meal, the total money Sony earns will come to little bit higher or lower than the total company market worth! Buyer will not go above or will only go slightly above the total market price! Anything else, they won't bother! How much assets you have be damned! It has no bearing on what the market is willing to pay for you.

i dont care if they CAN or CANNOT sell it, thats how rich they are

http://finance.yahoo.com/q/bs?s=SNE&annual

here, go click it and study it, maybe you'll change your mind

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#6 meronge
Member since 2007 • 136 Posts

[QUOTE="meronge"][QUOTE="delta3074"]right i don't care anymore, you are talking utter rubbish if the forbes list says MS are richer than SONY then MS are richer than SONY, the forbes list has way more credibility than you do , you are making yourself look stupid, and people are starting to get annoyed with you,if you want to believe that SONY are richer in your liitle fantasy world, then please carry on, but would you please just remember we live in reality, and in reality people use the forbes list to determine which company is richer, and guess what? forbes says MS is richer, end of, just leave it alone before you wind yourself up to the point of getting moderated.delta3074
so how are everyone doing? did you guys watch star trek? it's a GREAT movie

actually, yeah, i thought it was awesome, not going to say anymore, don't want to spoil the film for anyone, but i highly recommend it.

i saw it opening night, imax 4am showing, i went in with no expectation. and OMG movie of the year in my book

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#7 meronge
Member since 2007 • 136 Posts

[QUOTE="PS360_Gamer"][QUOTE="meronge"]

i'll use your own link http://www.sony.net/SonyInfo/IR/financial/fr/08q4_sony.pdf

total assets 122 billion

short term borrowing/current liabilities almost 40 billion

long term borrowing/etc 50 billion

which means they OWE 90 billion =40+50

122- 90= 32 billion like i said many many times over and over again, sony is worth 32 billion

delta3074

no, before i explain how to get the correct number, can u admit that at least looking at assets is the right way to do this (since ur doing it now)

right i don't care anymore, you are talking utter rubbish if the forbes list says MS are richer than SONY then MS are richer than SONY, the forbes list has way more credibility than you do , you are making yourself look stupid, and people are starting to get annoyed with you,if you want to believe that SONY are richer in your liitle fantasy world, then please carry on, but would you please just remember we live in reality, and in reality people use the forbes list to determine which company is richer, and guess what? forbes says MS is richer, end of, just leave it alone before you wind yourself up to the point of getting moderated.

so how are everyone doing? did you guys watch star trek? it's a GREAT movie

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#8 meronge
Member since 2007 • 136 Posts

[QUOTE="meronge"]

[QUOTE="PS360_Gamer"] i said what you OWN, not what u have mortgaged, or loaned - These are not Assets....mD-

i'll use your own link http://www.sony.net/SonyInfo/IR/financial/fr/08q4_sony.pdf

total assets 122 billion

short term borrowing/current liabilities almost 40 billion

long term borrowing/etc 50 billion

which means they OWE 90 billion =40+50

122- 90= 32 billion like i said many many times over and over again, sony is worth 32 billion

ok based off those numbers, that doesn't mean that Sony is worth 32 billion. That 32 million would represent Sony's Stockholders Equity, which is the interest in remaining assets, spread among all the shareholders in the form of common and preferred stock, who essentially own Sony since they've invested into.

Enterprise Value (1-Jun-09)3:32.03B

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#9 meronge
Member since 2007 • 136 Posts

[QUOTE="meronge"]

[QUOTE="PS360_Gamer"] think about your own family, how rich is your own family (dont have to answer)....first you would look at how much cash you have, then you would look at what you own (house, cars, etc)....in total, all of these things are your assets and show how rich you are......PS360_Gamer

sony has a MASSIVE debt, how many times do i have to tell you?

if i have a new car, and a new house, but i still have car payment and mortage, it doesn't mean i'm worth $500,000 because house is worth 450,000 and the car is $50,000

i said what you OWN, not what u have mortgaged, or loaned - These are not Assets....

i'll use your own link http://www.sony.net/SonyInfo/IR/financial/fr/08q4_sony.pdf

total assets 122 billion

short term borrowing/current liabilities almost 40 billion

long term borrowing/etc 50 billion

which means they OWE 90 billion =40+50

122- 90= 32 billion like i said many many times over and over again, sony is worth 32 billion

Avatar image for meronge
meronge

136

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#10 meronge
Member since 2007 • 136 Posts

[QUOTE="AdmiralBison"]

PS360 I don't understand.

what is the definition for rich?

could make it as simple as possible with some sources to give an exact meanoing to what rich or richer is?

PS360_Gamer

think about your own family, how rich is your own family (dont have to answer)....first you would look at how much cash you have, then you would look at what you own (house, cars, etc)....in total, all of these things are your assets and show how rich you are......

sony has a MASSIVE debt, how many times do i have to tell you?

if i have a new car, and a new house, but i still have car payment and mortage, it doesn't mean i'm worth $500,000 because house is worth 450,000 and the car is $50,000