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ramey70

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#1 ramey70
Member since 2006 • 4002 Posts
[QUOTE="ramey70"][QUOTE="elpoep"][QUOTE="ramey70"][QUOTE="WickeeKing"]

[QUOTE="ramey70"]Do you people have any idea how many billions of dollars Sony would have to lose to even think about filing for bankruptcy?elpoep

No. Do you? Oh, and Sony isn't exactly the stellar performing company people seem to think it is - the Computer Entertainment division props up certain other sections of Sony which aren't performing well, and now that its underperforming....

 

Actually, Sony's movie and consumer electronics divisions are performing very well. In fact, their games division has posted heavy losses over the last several quarters while the movie, consumer electronics, and partnership with Ericsson has kept them posting quarterly profits. They haven't posted a quarterly loss overall in quite some time. Poorly performing companies don't post profits nor see their stocks surge over a 6 month trend.

 

TSkTSkTSk, actually if you look at the Sony ticker SNE you'll see that in a year there has been no lift to EPS and the stock barely bounced back= no earnings for a year! Compared to NTDOY you'll see more than a marginal difference.

 

With the next sales quarter comming around there will definatley be sales ratio issues, not to mention the issues they have already with upper management shifts.

 

There bond rating was already lowered, they've closed down several factories, continue to fire staff and have executives bailing after the launch of the PS3!!!??!!

 

I'd say sell Sony short. I've calculated Sony's fair market price per share to be $49.

 

And if you look at their 2y ticker you'll see it's 20 points higher. Further out of 5 recommended trends according to analysts there are 2 strong buys for SNE, 2 Buys, and one hold. None for sell or strong sell. You seem to know something most analysts don't.

I do know something that most analysts don't know. IF you are capable of running a multiple regression analysis for those two years you will see no certainty in correlation to back those numbers.

From a technical analysis alone there is no reasonable trend to suggest strong performance, a fundamental analysis will prove that Sony has pumped up there accruals and PS3 on store shelves will = very low Q2 earnings that Bloomberg was expecting this last Q1.

 

Last September Sony fell $5!!! that is a lot of points before sucha large launch. If you have a bunch of casual internet less risk averse investors hoping on Ameritrade listening to Kramer you will see people taking that "buy" --

If you want to put your money where your mouth is I'll have my boys letter up a "Put" contract for you for (how manty shares of )SNE.

 

Why would I do that?  Surley you would know that there are much better places to invest than common stocks correct? 

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ramey70

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#2 ramey70
Member since 2006 • 4002 Posts

Sony is not as big of a company as some of you PS3 users want to think. There market value is $55 billion. Just to put that against others. MS $284 Wal-mart $204 Bill gates is even worth $68.8 billion. So yes Sony is not as powerfull as PS3 users wish they were.

http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=SNE

Eltroz

 If you're comparing them to Microsoft and Walmart then almost every corporation on the planet would be considered small and powerless.  

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#3 ramey70
Member since 2006 • 4002 Posts
[QUOTE="ramey70"][QUOTE="WickeeKing"]

[QUOTE="ramey70"]Do you people have any idea how many billions of dollars Sony would have to lose to even think about filing for bankruptcy?elpoep

No. Do you? Oh, and Sony isn't exactly the stellar performing company people seem to think it is - the Computer Entertainment division props up certain other sections of Sony which aren't performing well, and now that its underperforming....

 

Actually, Sony's movie and consumer electronics divisions are performing very well. In fact, their games division has posted heavy losses over the last several quarters while the movie, consumer electronics, and partnership with Ericsson has kept them posting quarterly profits. They haven't posted a quarterly loss overall in quite some time. Poorly performing companies don't post profits nor see their stocks surge over a 6 month trend.

 

TSkTSkTSk, actually if you look at the Sony ticker SNE you'll see that in a year there has been no lift to EPS and the stock barely bounced back= no earnings for a year! Compared to NTDOY you'll see more than a marginal difference.

 

With the next sales quarter comming around there will definatley be sales ratio issues, not to mention the issues they have already with upper management shifts.

 

There bond rating was already lowered, they've closed down several factories, continue to fire staff and have executives bailing after the launch of the PS3!!!??!!

 

I'd say sell Sony short. I've calculated Sony's fair market price per share to be $49.

 

And if you look at their 2y ticker you'll see it's 20 points higher.  Further out of 5 recommended trends according to analysts there are 2 strong buys for SNE, 2 Buys, and one hold.  None for sell or strong sell.   You seem to know something most analysts don't.

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#4 ramey70
Member since 2006 • 4002 Posts
[QUOTE="ramey70"][QUOTE="WickeeKing"]

[QUOTE="ramey70"]Do you people have any idea how many billions of dollars Sony would have to lose to even think about filing for bankruptcy?tango90101

No. Do you? Oh, and Sony isn't exactly the stellar performing company people seem to think it is - the Computer Entertainment division props up certain other sections of Sony which aren't performing well, and now that its underperforming....

 

Actually, Sony's movie and consumer electronics divisions are performing very well. In fact, their games division has posted heavy losses over the last several quarters while the movie, consumer electronics, and partnership with Ericsson has kept them posting quarterly profits. They haven't posted a quarterly loss overall in quite some time. Poorly performing companies don't post profits nor see their stocks surge over a 6 month trend.

their electronics division is getting squeezed with more pressure on the way.

Apple's coming...;)

 

I'm curious, did Sony do something to you or your family?  I've never seen such loathing for a faceless corporation.  Out of all the companies in this world such as the Enrons and MCI's who robbed people of life savings and put them on the streets, or chemcial companies who poison our water and children I find it terribly odd to hate a company that makes a video game machine you don't like.

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#5 ramey70
Member since 2006 • 4002 Posts
[QUOTE="ramey70"][QUOTE="tango90101"]

[QUOTE="ramey70"]Do you people have any idea how many billions of dollars Sony would have to lose to even think about filing for bankruptcy?tango90101

no.

how many, exactly?

thanks.

 

Sony would have to have more liabilities than assets in order to seriously be in trouble. As of their last annual SEC filing Sony had $90 Billion in total assets, of which almost $10 Billion was cash or cash equivalents. This is compared to nearly $62 Billion in total liability. So to answer your question, Sony would have to post losses in the range of $28 Billion to approach Bankruptcy and even more to approach total insolvency.

wrong.

there are many signs of a company's impending troubles.

they could file for protection in order to prevent themselves from ever reaching that point.

or, more likely, they'll simply change to a publisher, move away from hardware and make money there....

to use blank numbers like that as the only reason a company may file, is more than a little off...;)

 

Of course there are more signs of a company's troubles than liabilities to assets.  Others would be actually posting a loss, stocks prices taking a dive, etc.  None of which are happening to Sony.  The fact is, and people on this board somehow fail to grasp this, is that Microsoft, Nintendo, and Sony are very well run companies who perform very well. 

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#6 ramey70
Member since 2006 • 4002 Posts
[QUOTE="ramey70"][QUOTE="tango90101"]

[QUOTE="ramey70"]Do you people have any idea how many billions of dollars Sony would have to lose to even think about filing for bankruptcy?axt113

no.

how many, exactly?

thanks.

 

Sony would have to have more liabilities than assets in order to seriously be in trouble. As of their last annual SEC filing Sony had $90 Billion in total assets, of which almost $10 Billion was cash or cash equivalents. This is compared to nearly $62 Billion in total liability. So to answer your question, Sony would have to post losses in the range of $28 Billion to approach Bankruptcy and even more to approach total insolvency.

If Blu-ray and the PS3 go down they could get into that territory

 

No, they couldn't.  Both are providing them with a loss at the moment and a total cessation of either line would not kill the company or even put them in jeopardy.  

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#7 ramey70
Member since 2006 • 4002 Posts

[QUOTE="ramey70"]Do you people have any idea how many billions of dollars Sony would have to lose to even think about filing for bankruptcy?WickeeKing

No. Do you? Oh, and Sony isn't exactly the stellar performing company people seem to think it is - the Computer Entertainment division props up certain other sections of Sony which aren't performing well, and now that its underperforming....

 

Actually, Sony's movie and consumer electronics divisions are performing very well.  In fact, their games division has posted heavy losses over the last several quarters while the movie, consumer electronics, and partnership with Ericsson has kept them posting quarterly profits.  They haven't posted a quarterly loss overall in quite some time.  Poorly performing companies don't post profits nor see their stocks surge over a 6 month trend.

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#8 ramey70
Member since 2006 • 4002 Posts

[QUOTE="ramey70"]Do you people have any idea how many billions of dollars Sony would have to lose to even think about filing for bankruptcy?tango90101

no.

how many, exactly?

thanks.

 

Sony would have to have more liabilities than assets in order to seriously be in trouble. As of their last annual SEC filing Sony had $90 Billion in total assets, of which almost $10 Billion was cash or cash equivalents. This is compared to nearly $62 Billion in total liability. So to answer your question, Sony would have to post losses in the range of $28 Billion to approach Bankruptcy and even more to approach total insolvency.

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#9 ramey70
Member since 2006 • 4002 Posts
[QUOTE="ramey70"][QUOTE="tango90101"][QUOTE="alfy13"]

i so love how fanboys contradict them selves on a daily basis. i love it how fanboys been saying their is a small percent of HDTV's owners and that HDTV's wont be selling well for next year or so. then all of sudden they are like Bam blu ray is going to be de throned by walmart and HD DVD. well fanboys since your logic states that hardly any one owns a HDTV, and are selling poorly. how and the hxx is cheap hd dvd players are going to de throne Blu ray?

There is a reason why i have not bought a hd dvd add on for my 360. that is because of ps3. ever since it hit hte market here in the US, the blu ray software sales have been giving a beat down on HD dvd software. no matter how you want ot spin it, blu ray is going ot keep out selling hd dvd software due to the ps3. and guess what , those movies companies that back up blu ray are going to continue making money, and blu ray format is going to continue out selling hd dvd on a monthly basis.

but like i said, i just love how fanboys contradict them selves on a daily basis.

tango90101

it's not a contradiction. Here let me help you understand:

bluray's marketting advantage is 1080p... those tv are well over $1,000

hd dvd marketting advantage beside name branding and price is 720p. 720p sets are highly affordable and the reason for the upsurge in hdtv purchases.

congrats on your bluray movies sales, but at this stage the player sales are paramount.

 

 

HD-DVD can do 1080p just as easily as Bluray. Bluray can do 720p just as easily as HD-DVD. Neither are advantages for either side.

re-read my post... i was speaking of marketting...

sony hyped bluray as "true hd" b/c of it's 1080p...

that is their angle... prob is; 1080p tv are priced outside of the masses..

 

Sony isn't the only company that touts 1080p as "trueHD".  It's done by Samsung, Mitsubishi, and even Toshiba.   1080p HDTV's are getting cheaper all the time and are drastically cheaper then then were a year ago. They will only get cheaper.  I love when people think that 1080p is somehow Sony's creation.

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#10 ramey70
Member since 2006 • 4002 Posts
Do you people have any idea how many billions of dollars Sony would have to lose to even think about filing for bankruptcy?