Nintendo expected to give revised stock forecast in January

Nintendo has been making a lot of money as of late. Because of this, stockholders are expecting that the company will be making a few adjustments to their expected earnings and dividends.

It has also been said, however, that failure to make this announcement could possibly cause the company’s shareholders to lose confidence in the company. More information about this revised forecast in the full article.

It’s no secret that Nintendo Company Ltd. has been making a lot of money with the Wii and their other ventures. Because of this, certain shareholders have been waiting for a revised forecast of earnings and dividends from the company.

The expected date of announcement is on January 10, 2008. According to an article on the Seeking Alpha website, a failure to announce an upward modification on their projected figures “will likely cause a cool response and disappointment” from Nintendo stockholders.

So far though, the stock price action of Nintendo shows the confidence of their stockholders in the company. Perhaps this is due to the fact that they are expecting the interest levels of the games in both the Wii and other Nintendo products to keep rising.

Via Seeking Alpha