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Nokia Corporation Message Board

  • self_defense_canes self_defense_canes Jun 25, 2013 9:00 AM Flag

    Siemens' new contract of $1.33 billion from Brazilian government

    Siemens is currently in the process of selling its non-core telecom assets and shifting its focus to turnkey projects in energy, industry, and infrastructure. In April the six-year old joint venture with Nokia (NYSE: NOK), the Nokia Siemens Networking, or NSN, expired. Siemens held a non-controlling stake of 50% in this venture while Nokia held the controlling stake. With the end of the venture both the companies have the right to sell their stake through a buyout or public offerings. The companies have started searching for buyers for their stake in NSN. If NSN goes through a public offerings it expects to generates cash of $9.17 billion which will help Siemens grow its main business.

    Sentiment: Buy

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    • Nokia's current Market Cap is $14Billion. So Nokias half must be worth $9B, this means that the market has a $5 Billion price tag on Nokia Devices & Services, Here Maps, and Patents. The Patents alone are worth well over $5 Billion. So the market will have you believe that Nokia would have to pay someone to take the devices and maps off their hands because on paper they are worth nothing, zero. Unbelievable.

      Yes the short sellers and caffeine hyped financial media programs have sold everyone that there are only 2 smartphone companies. This kind of hubris usually gets dealt with appropriately, Unfortunately in the process the media is denying retail investors increased wealth by not telling the true story the way it really is. As in many things it not what is said that is important, it is what is not said that is most important.

      Sentiment: Strong Buy

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