Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

SNE - Sony Corporation

|Includes: Sony Corporation (SNE)

 

MarketDNA Research Alert

Buy: Equity - SNE – Sony Corp., - $29.05
Buy: Derivatives – SNEAY, SNEAF - Jan 27.5 & Jan 30 Calls
Equity Target: $30.50
Potential Event: Unknown inefficiency in dissemination of information.
Risks: Medium.

Investors,

We are seeing multiple indications of a potential upward movement for SNE, Sony Corporation from our proprietary investment program and believe SNE will move up to $30.50 and then higher to its 52 week high of 52,82 within the next month.
Sony Corporation, together with its subsidiaries, engages in the development, design, manufacture, and sale of electronic equipment, instruments, and devices for consumer and industrial markets in Japan, the United States, Europe, and internationally. The company's products include audio and video equipment, liquid crystal display televisions, personal computers, monitors, semiconductors, components, mobile phones, CDs, DVDs, and Blu-ray discs. It develops, produces, markets, and distributes home-use game consoles and software, such as PlayStation2, PlayStation Portable, and PLAYSTATION 3 hardware and related software. Sony Corporation also engages in the development, production, manufacture, marketing, distribution, and broadcasting of image-based software, including film, video, and television products. In addition, the company involves in motion picture, television, and home entertainment production, acquisition, and distribution; digital content creation and distribution; channel investments; studio facilities operation; entertainment products, services, and technologies development; and filmed entertainment distribution. Further, it engages in various financial service operations, such as insurance, banking, and leasing and credit financing. Additionally, Sony Corporation operates a network service business, an animation production and marketing business, and an advertising agency business. The company also operates a domestic recorded music business that produces recorded music and music videos through contracts with various artists in various musical genres; music publishing business to own and acquire rights to musical compositions; and So-net, an Internet-related service business. The company was formerly known as Tokyo Tsushin Kogyo Kabushiki Kaisha and changed its name to Sony Corporation in January 1958. Sony Corporation was founded in 1946 and is headquartered in Tokyo, Japan..


Currently trading at about $29.05, we believe, based on our proprietary program, an upward movement to $30.50+ within the next month is forthcoming. SNE trades on average 900,000 shares per day, although that has been down to 500,000 over the last 10 days, and has traded up from $27.00 back in October.

 

We recommend buying the equity straight out between $29.00 and $29.25, If you like derivatives, we recommend the January 27.5 Calls. If you want to take additional risk/reward the January 30 Calls are also recommended.

ADDITIONAL METRICS:


RELATED COMPANIES:

Ticker

Company name

Exchange

Price

Change

Chg %

Earnings per share

P/E ratio

Mkt Cap

 

SNE

Sony Corporation (ADR)

NYSE

29.11

-0.24

-0.80%

-2.38

 

29.22B

 

6758

SONY CORPORATION

TYO

2,670.00

-15.00

-0.56%

-217.76

 

2.69T

 

PC

Panasonic Corp. (ADR)

NYSE

14.36

-0.16

-1.14%

-2.92

 

29.74B

 

TMS

Thomson SA (ADR)

NYSE

1.26

-0.05

-3.82%

-9.27

 

340.06M

 

SANYY

SANYO Electric Co., Lt...

OTC

9.01

0.00

0.00%

-1.43

 

5.26B

 

NTDOY

Nintendo Co., Ltd (ADR)

OTC

29.80

+0.06

0.20%

3.98

7.49

33.77B

 

HAR

Harman Intl. Industrie...

NYSE

35.78

+0.09

0.25%

-7.73

 

2.48B

 

SHCAY

Sharp Corporation (ADR)

OTC

12.75

-0.05

-0.39%

0.70

18.21

14.03B

 

PHG

Koninklijke Philips El...

NYSE

29.63

-0.56

-1.85%

-2.02

 

27.46B

 

MSFT

Microsoft Corporation

NASDAQ

31.24

-0.15

-0.48%

1.54

20.27

277.39B

 

 

                   

 

                   
                               

 

FINANCIALS:

In Millions of JPY (except for per share items)

3 months ending 2009-09-30

3 months ending 2009-06-30

Revenue

1,642,223.00

1,578,117.00

Other Revenue, Total

18,987.00

21,736.00

Total Revenue

1,661,210.00

1,599,853.00

Cost of Revenue, Total

1,300,185.00

1,236,127.00

Gross Profit

342,038.00

341,990.00

Selling/General/Admin. Expenses, Total

370,268.00

378,037.00

Research & Development

-

-

Depreciation/Amortization

-

-

Interest Expense(Income) - Net Operating

-

-

Unusual Expense (Income)

11,117.00

-2,649.00

Other Operating Expenses, Total

-

-

Total Operating Expense

1,693,917.00

1,626,573.00

Operating Income

-32,707.00

-26,720.00

Interest Income(Expense), Net Non-Operating

-

-

Gain (Loss) on Sale of Assets

-

-

Other, Net

6,268.00

326.00

Income Before Tax

-17,026.00

-32,944.00

Income After Tax

-15,327.00

-20,756.00

Minority Interest

-10,981.00

-16,337.00

Equity In Affiliates

-

-

Net Income Before Extra. Items

-26,308.00

-37,093.00

Accounting Change

-

-

Discontinued Operations

-

-

Extraordinary Item

-

-

Net Income

-26,308.00

-37,093.00

 

Good Luck Investing.

 
Register for FREE - http://www.marketdna.com/FreeRegistrtation

MarketDNA is a unique and very accurate proprietary research channel. MarketDNA uncovers trading which is occurring based on inefficiencies in dissemination of information, typically within fourteen days prior to an event occurring on the equity. MarketDNA provides our clients with actionable opportunity based intelligence and a suite of ala carte custom research solutions, all with exceptional track records and value.

 

IMPORTANT DISCLOSURES 
The distribution of this information has been made to a select group of which every effort has been made to disseminate the information to everyone at the same time. The information contained herein, including any expression of opinion, has been obtained from, or is based upon, sources believed by us to be reliable, but is not guaranteed as to accuracy or completeness.  This is not intended to be an offer to buy or sell or a solicitation of the securities, if any, referred to herein. Our firm and/or its officers and employees from time to time have a position in one or more of the securities mentioned herein. SJL Capital LLC does not trade on recommended equities based on
MarketDNA research for 30 minutes after release of the distributed email alert.  The information and opinions in this report were prepared by MarketDNA and obtained from sources believed to be reliable. MarketDNA in no way guarantees the accuracy or completeness of such information. This report has been prepared for informational purposes only and was issued by MarketDNA for distribution to our market professional, institutional investor & individual customers. Nothing in this report constitutes investment, legal, accounting or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances, nor does this constitute a personal recommendation to you. Opinions expressed are subject to change without notice and past performance is no guarantee of future result.

 

Matthew Rossi


Managing Partner, Chief Research Officer
MarketDNA Investment Newsletter - A product of SJL Capital LLC

admin@marketdna.com

 



Disclosure: No position