Quick poll as I've never seen this come up in the forum before. Admin has just posted Nikons latest financial results, and I was wondering if anyone here is particularly pleased as they're a share holder? Do you feel any desire to buy in to a company that makes the products we all use and love (normally). Would it actually make you more loyal and less critical of the brand if you bought, or Nikon gave you some shares? Your thoughts?
I AM : A Nikon share holder. Are you?
(10 posts) (6 voices)-
Posted 1 year ago #
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I wouldn't even know how to become a shareholder. Do they trade on an english-speaking exchange with a ticker symbol, or strictly in Asia with numbers? I wouldn't have the gonads to trade on a market where stocks were only defined as numbers. I'm not sure what the word for "fat finger" is in Japanese, but I do believe they coined it.
Posted 1 year ago # -
Well I'll be!
NINOY (pink sheets, USA)
NKN (Frankfurt)
Will have to do my due diligence.
16x earnings, 1.6% div. 1.6 Beta. Generally fairly thinly traded.Posted 1 year ago # -
It closed at $309 US on Friday, so sell your D800 and you could almost buy 10 shares!
Posted 1 year ago # -
Nikon Corp. (7731) (7731 JT) 2,474 (Japanese Yen (JPY)) = $30.98 USD
(http://finance.yahoo.com/currency-converter/#from=JPY;to=USD;amt=2474.0041)
Nikon is only traded on the Toyko stock exchange.It is good to see Nikon is doing well. It means that they will have access to capital to continue to grow and update it's line for the near future. Other than that, it doesn't effect me. If the company continually does bad like Pentax did or even Leica a few years ago, that would worry me a bit, but as time has shown, they came out of it. Kodak - bye bye.
I don't own shares outside of US. There are two different types of accounting/reporting standards - US GAP and IFRS. I don't understand IFRS enough for me to make investments in non US companies. Not that other world companies are bad, I just don't feel comfortable as the thresholds I will trade on US companies, can be very different. After the Olympus scandal along with other issues with Japanese companies in the last few years, I am very leery in investing in Tokyo exchange listings as I would not know what signals to look for in the reports.
If any company gave me shares I would run like the wind. That is a major signal of very poor health. Companies should be buying back shares, not giving them out.
Posted 1 year ago # -
TaoTeJared said:
If any company gave me shares I would run like the wind. That is a major signal of very poor health. Companies should be buying back shares, not giving them out.It's funny you should say that Tao, I've been given shares in various companies over the years, and all of them have done me rather well. They were at the company formation stage, and not after being an established company, so in Nikons case you may be right. You're also right, it requires a lot more "bottle" to deal in stocks (as a private individual at least) in a company where you can't readily go and visit the AGM.
Posted 1 year ago # -
Depends on what "giving shares" means. Sometimes companies will do "stock splits" in which you get 2 (or more) new shares for each old share you owned and each new share is half the price of the old share. This keeps the price per share down so more people feel they can afford that stock. An example is Warren Buffet's Birkshire-Hathaway Company. He does't split Class A stock to keep the per share price down. One share in Class A Birkshire-Hathaway stock now costs about $120,000.00! In contrast he gave a 50 to 1 split on Class B stock in 2010. One share in Class-B Birkshire-Hathaway stock now costs about $81.00. Which of the two could you afford to purchase?
Posted 1 year ago # -
Well, after my last response from NIKON TECH SUPPORT, I do not want any NIKON shares. FYI, I asked for the circle of coverage of the 24mm PC Nikkor. Well, what they did was to quote the manual and say it sometimes vignettes. My response, not verbalized to NIKON was "No S... Sherlock". But since I had purchased the lens by then, and it is absolutely incredible, I just have to understand that the answers from tech support are to simply repeat what is in the manual.
I think I will just enjoy using what I consider to be the finest equipment currently available and let it go at that. No shares for me...
Oh, BTW, I will be mounting the lens on the front of an old Calumet view camera, and will measure for myself the circle of coverage of the 24mm PC NIKKOR. I may even send NIKON this information...ha, ha, ha,... Then buy shares...
Posted 1 year ago # -
@msmoto: please post your test results.
@TTJ: how do you get investment diversity if you stick to US only
@everyone: carrying the diversification idea further, if we love Nikon, should we be buying shares not in Nikon but in other camera companies instead? So if things go sour for Nikon, we'd at least profit financially from C---n's and S--y's good fortune? :)
Posted 1 year ago # -
Investment comment: Consider "regression to the mean." If you buy an equal amount of all stocks available so you are widely diversified you cannot possibly achieve a return over average because all the stocks you own will determine the average. You cannot be a "winner" who achieved returns much higher than average. So what to do? You have to select only the stocks that are going to perform higher than average in 2012 (not last year) in order to achieve a higher than average return at the end of 2012. If you are not selective, you cannot win. But how can you select stocks that will do well next year, that is tough to do.
As far as Nikon goes, I do think they will have a very good year over the next two years and they will increase their market share. Why? D4, D800, D3200, D5200, D600, D400, D7200. Nikon will be releasing a line of superior products over these next two years and should sell a lot of product because of that. So I would not be afraid to buy some of their stock. On the other hand, I could be wrong.
Posted 1 year ago #
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