Nintendo (NTDOY)

[Nikodemos]

Nintendo GROWS CASH TO ~$10B with MLB Sale:
http://www.kotaku.com.au/2016/08/nintendo-sells-its-seattle-mariners-stake-for-nearly-870-million/


I believe they had ~$9B IN CASH on the books (if memory serves from the last Q filing),...So NTDOY is bolstering their CASH POSITION while their games, sales, & forthcoming product slate looks FANTASTIC:

[] MORE NEW Nintendo Pokemon GAMES in "Sun" & "Moon"
[] MORE Nintendo Pokemon GO characters & synergies
[] 2016 Pokemon World Championships JUST HELD this weekend
[] TWO NEW games "Metroid Prime: Federation Force" & "Style Savvy" JUST RELEASED
[] Pokemon sales GLOBALLY GROWING from 80%-200% yoy
[] Pokemon GO rollout continues & has a $1B+ run-rate


[] NEW Classic NES with ~30 Fan Favorite Games due out in November $59
[] NEW NX Console forthcoming
[] NEW Pokemon GO PLUS wearable is due out in September $34
[] NEW Mobile games "Fire Emblem" & "Animal Crossing" due out soon
[] 3 NEW Mobile games with GIANT DeNA due out by March 2017
[] NEW amiibo's, games & licensing products as well...

Nintendo of America will retain a 10 percent stake in the team and regional sports network, while the remainder of its holdings has been sold to other members of First Avenue Entertainment LLLP (FAE).

Final financial terms were not disclosed, but the financial impact of the sale to Nintendo will be incorporated into Nintendo Co., Ltd.’s next quarterly financial report.

About Nintendo: The worldwide pioneer in the creation of interactive entertainment, Nintendo Co., Ltd., of Kyoto, Japan, manufactures and markets hardware and software for its Wii U™ and Wii™ home consoles, and Nintendo 3DS™ and Nintendo DS™ families of portable systems. Since 1983, when it launched the Nintendo Entertainment System™, Nintendo has sold more than 4.4 billion video games and more than 693 million hardware units globally, including the current-generation Wii U, Nintendo 3DS and Nintendo 3DS XL, as well as the Game Boy™, Game Boy Advance, Nintendo DS, Nintendo DSi™ and Nintendo DSi XL™, Super NES™, Nintendo 64™, Nintendo GameCube™ and Wii systems. It has also created industry icons that have become well-known, household names such as Mario™, Donkey Kong™, Metroid™, Zelda™ and Pokémon™. A wholly owned subsidiary, Nintendo of America Inc., based in Redmond, Wash., serves as headquarters for Nintendo’s operations in the Western Hemisphere. For more information about Nintendo, please visit the company’s website at www.nintendo.com.

$NTDOY