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Nokia Corporation Message Board

blimpsrus2001 329 posts  |  Last Activity: Sep 20, 2014 9:48 AM Member since: Jan 22, 2008
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  • It’s been an interesting day so far, this Tuesday August 5th, 2014 in the unusual call buying. We just saw another very interesting call buy, this time in Nokia Corporation (NOK).


    One trader is confident in the future prospects of Nokia Corporation (NOK), as they just bought 5,800 October $8.00 calls in NOK, paying 41 cents for the options. It’s an interesting trade and unusual trade given the large number of calls, and also given the weakness in the stock and the market as a whole. The total transaction value is about $238,000. A nice sized “bet”.

    Nokia Corporation (NOK) is currently trading at $7.93 during lunch hour, up 8 cents on the day, on much higher than average volume of 22 million shares. It is actually coming off it’s morning high of $8.02. NOK has a trading range over the past year of a 52 week low of $3.87 and a 52 week high of $8.35. This trader clearly thinks it’s Nokia’s time to break out of that 52 week high. And he expects it to happen fairly soon with an October expiration.

    Nokia Corporation (NOK) doesn’t announce quarterly earnings until October 23 but we suspect that’s not the reason for this big call buy. Clearly there is some other good news coming soon. With Nokia Corporation (NOK) it could be one of many things, such as some announcement of sales numbers for their latest phones, some sort of buyout, or partnership with Microsoft, or just your run of the mill analyst upgrade / price target raise.

    A total of 50 analysts cover the stock with an average rating of HOLD, and an average price target of just $6.29. It could very well be this buyer is in the know about an impending upgrade and or price target raise. A major price target raise would certainly net this buyer a nice profit.

    Clearly, with larger than normal volume, and this big call buy, something is up with Nokia Corporation (NOK), we’ll just have to wait a week or two to find out what.

  • Reply to

    follow the leader

    by insiderguy_200077 Aug 19, 2014 5:43 PM
    blimpsrus2001 blimpsrus2001 Aug 19, 2014 5:56 PM Flag

    Hey insiderguy everyone raving about Apple and The New Nokia has out performed Apple since 2012 and will continue to to so. Technology changing.Keep buying the junk phones more free money for Nokia. :)

  • Reply to

    MSFT is up 1%

    by frank_capra_04 Aug 15, 2014 9:44 AM
    blimpsrus2001 blimpsrus2001 Aug 19, 2014 5:53 PM Flag

    Watch and learn Nokia has outperformed Apple since 2012 and it will continue.Technology changing long and strong The New Nokia since 7/12 :)

  • blimpsrus2001 blimpsrus2001 Aug 19, 2014 4:28 PM Flag

    and the Blacks hate the whites so what is your point

  • More money for Nokia :) 2016 a lot more free money for Nokia when the two are back in court 2016

  • Reply to

    AAPL ALL TIME HIGH CLOSE

    by robbierobnj Aug 19, 2014 3:51 PM
    blimpsrus2001 blimpsrus2001 Aug 19, 2014 4:01 PM Flag

    Better educate yourself you missed Nokia from 2.00 but not to late to buy.Tech is changing this is The New Nokia.

  • blimpsrus2001 blimpsrus2001 Aug 19, 2014 1:27 PM Flag

    I will stick with the New Nokia.More Apple /Samsung devices sold the more money for Nokia.Long Nokia since 7/12 :)

  • blimpsrus2001 blimpsrus2001 Aug 19, 2014 12:22 PM Flag

    Slow and steady wins the race Bill it will come

  • Posted: September 15, 2013 at 2:25 pm by Seppo

    In my previous article on Seeking Alpha I argued that Nokia has roughly 20% upside, and indeed some of that potential has already materialized in the last two days. The analyst reports discussed in my previous article nevertheless assumed relatively modest (e.g. 5% annually) growth rates, i.e. ‘business as usual’, for Nokia’s (NOK) intellectual property revenue, whereas in reality Nokia is very likely to aggressively try to increase the revenue from its IP portfolio once the Microsoft (MSFT) – Nokia deal closes early next year

    Currently Nokia collects ca $665M annually on licensing and royalties. Since Nokia has one of the most formidable patent portfolios in the wireless communication industry, with over 10,000 patent families, it is natural that Nokia has indicated that in future it will further expand its intellectual property licensing and litigation program:

    “…We’ve already established a successful patent and technology licensing operation, which we will expand to continue to drive revenue and profit for Nokia through the new Advanced Technologies business…”

    In this article I will focus, as an example, on the specific case of Samsung Android licensing fees as a potential catalyst for additional IP revenues. Samsung is the leading Android manufacturer, and is not yet paying Nokia any (Android related) royalties. On the other hand Nokia has already sued HTC for Android related royalties. Florian Mueller of Foss Patents, a very respected wireless patent expert notes that:…HTC is defending itself extremely well against Nokia so far, but it will end up sending royalty checks to Finland, I’m sure…”

    Nokia has smartly gone after HTC first, and not Samsung directly. The reason is that as Nokia expects to win Android related cases against HTC, an opponent that is weaker than Samsung, it will then use these wins as supporting evidence in the real thing, i.e. in the litigation against Samsung over the same or even larger portfolio of Android related alleged infringements.

    Once Nokia is not manufacturing any Android devices itself, it will be easier for it to go after others without having to worry about any counter litigation. I fully expect the New Nokia to sue Samsung during the first half of 2014, soon after the Microsoft – Nokia deal has finalized in Q1 2014.

    Samsung Android Unit Volumes

    Per IDC’s estimates Samsung shipped 72.4M smartphones in Q2 2013, resulting to a 30.4% market share of the total of 237.9M smartphones shipped in Q2. Another market analyst firm, TrendForce estimates that Samsung sold 71M smartphones in Q2 2013. On the other hand IDC also estimates that the global smartphone sales grow 40% in 2013 to a total of 1B devices. Furthermore they estimate that in 2017 the global smartphone sales would be $1.7B units. Comparing estimated smartphone sales volumes in 2013 and 2017 we get an annual average growth rate of 14% per year.

    With the above, and assuming that Samsung’s smartphone market share stays roughly constant at 30%, we get the following rough estimates for Samsung Android smartphone sales for the next five years: 2013 300M units, 2014 342M units, 2015 390M units, 2016 444M units, and 2017 507M units, totaling ca 2.0B Android devices.
    In the following I will try to estimate the Android licensing fees Microsoft collects from Android vendors. Since both Microsoft and Nokia have very strong wireless patent portfolios, we can use this number as a rough estimate for prospective royalties that Nokia could collect from Samsung et al. Analyst firm Trefis estimates that HTC currently pays Microsoft $10 per phone, while Samsung pays ca $12-$13 per device in Android related licensing fees. On the other hand Goldman Sachs has estimated that Microsoft collected $444M in 2012 in Android licensing fees. Microsoft has stated that globally they covered “majority” of the Android devices sold, i.e. covering approximately 250M devices in 2012. Thus the licensing fee in 2012 would have been around $1.8 per device. Although different by almost a factor of 10, these numbers seem to be in the right ballpark since as a part of the Microsoft-Nokia deal it was revealed that Microsoft’s Windows Phone royalty gross margin is less than $10 per device. As a summary we can assume that the Android licensing fee would be somewhere between ca $1.8 and ca $12 per device.

    Prospective Licensing Revenue

    After the dust has settled, and given Nokia’s very strong patent portfolio and advantageous negotiation position, I would expect the deal to be similar to the Apple-Nokia licensing agreement, where Apple paid Nokia a one-time payment of $500M (for all past infringements) and ongoing royalties. The amount of these royalties has not been disclosed.
    Putting together the numbers from the previous paragraphs the best case scenario would be that Nokia collects ca $12 per device, resulting to total payments of $24B for the time period from 2013 to 2017. Keeping in mind that this revenue would have relatively small related expenses, and the very rough nature of the current analysis, we can equate this revenue to additional earnings. In rough terms this would then translate to average earnings of $4.8B per year. Using the 10x EBIT model (see JP Morgan, table 2) for valuation this would translate to $48B additional market capitalization value for Nokia. Nokia’s current market cap is roughly $24B, so with these parameters the company would be worth $72B, presenting a whopping ca 200% upside from the current market cap. In terms of the share price this would translate to roughly $19 per share.

    At the lower, and more reasonable, end Nokia could get ca $1.8 per device, resulting to $3.6B additional earnings over 5 years. The average additional earnings would be $0.72B per year, resulting to $7.2B ($1.9 per share) additional value per the 10x EBIT model. The combined market cap would be ca $31B ($8.3 per share), i.e. presenting ca 29% upside from the current market cap and share price ($6.41 as of 09/13/2013 at 4PM EST).

    The point of the above exercises is not to provide exact numbers, but that any royalties Nokia manages to get from Samsung and/or other Android vendors will substantially increase Nokia’s earnings potential. Even a moderate $1 per device will translate to relevant profits for Nokia thanks to the huge sales volumes.

    - See more at: http://www.thoughtsbypilvi.com/index.php?page_req=5&postid=685&wpauthor=Seppo&posttitle=potential-25-increase-to-new-nokias-market-cap-via-prospective-samsungandroid-royalties#sthash.o0pzXobw.dpuf
    - See more at: http://www.thoughtsbypilvi.com/index.php?page_req=5&postid=685&wpauthor=Seppo&posttitle=potential-25-increase-to-new-nokias-market-cap-via-prospective-samsungandroid-royalties#sthash.o0pzXobw.dpuf
    Current Android Licensing Fees

    - See more at: http://www.thoughtsbypilvi.com/index.php?page_req=5&postid=685&wpauthor=Seppo&posttitle=potential-25-increase-to-new-nokias-market-cap-via-prospective-samsungandroid-royalties#sthash.o0pzXobw.dpuf

  • JPMorgan analysts believe that Nokia’s IP monetization may see steep boost when it will re-negotiate or refresh its patent licensing deals with Samsung and Apple going forward.

    Nokia’s patent licensing deal with Samsung has expired in 2013 and when Nokia and Samsung renegotiate the deal terms, 2013 will be taken as reference year for calculations. Now as Samsung’s relevant revenue has grown to be 36 times of Nokia’s relevant revenue in 2013, the royalty that Nokia will receive from Samsung will be 36 times of what it received from the earlier deal with Samsung. During the time of inking of earlier deal in 2007, Nokia’s revenue was 2.2 times more than Samsung and thus this time around, Nokia may see much higher royalty out of its deal with Samsung. According to the analysts, even if Nokia gets 20 times of what it used to receive from earlier deal, it is huge!!

    Similarly, Nokia may be able to get huge boost in royalty payment from Apple, when it renegotiates the current deal expiring in 2016. Apple has also gained 20 times in reference revenue as compared to Nokia in 2010.

    Based on the above analysis, JPMorgan has Overweight rating on the Nokia stock with #$%$8 price target.

  • Canaccord Genuity analyst T. Michael Walkley reiterated a Buy rating and bumped his price target on Nokia (NYSE: NOK) to $11.00 (from $10.50) following meetings with management. Walkley sees several long-term but unappreciated growth drivers.

    Walkley commented, "Last week, we hosted investor meetings with President and CEO, Rajeev Suri, in New York and Executive Vice President, and Group Chief Financial Officer, Timo Ihamuotila, in Boston. With our belief the Networks business is positioned for improving trends throughout 2014 combined with the longer-term potential for higher level, high margin licensing revenue and HERE sales growth, we believe Nokia shares represent an attractive long-term investment. Our meetings focused on management’s strategies and the potential growth and shareholder value creation opportunities for the three business units of Technologies, HERE, and Networks."

    He added, "We believe Nokia’s 2014 guidance for licensing revenue to reach an annual run rate of #$%$600M post the Microsoft transaction includes conservative assumptions for Samsung and other licensees and has the potential to materially increase longer term with the Samsung arbitration ruling in 2015 and new initiatives to monetize patents longer-term driving high-margin growth opportunities. We also anticipate improving sales trends in Networks and potential for strong long-term higher-margin growth from HERE."

    Walkley listed the following investment highlights:Post our meetings, we have increased confidence in Nokia’s potential to grow all three business units and generate strong consolidated margins and free cash flow. We believe the Technologies and HERE divisions have multiple long-term growth drivers that could result in strong consolidated earnings growth from these higher margin businesses.
    We anticipate improving Networks sales with solid margins at the higher-end of Nokia’s 5-10% long-term guidance throughout 2014. We believe this combined with the improved balance sheet and increased cash return post the Devices sale should support the share price ahead of potential longer-term re-accelerating earnings growth from HERE and Technologies.

  • This could be a rather difficult fight for Google. Nokia is starting to flex its patent muscles in the mapping arena. And at least some of its patents predate the existence of Google itself, meaning that Google is going to find it difficult to claim priority. The big question will be not about this first case though: it’ll be about what Nokia has in reserve for later on:

    The patent Nokia is asserting in that German lawsuit is EP0766811 on an “electronic navigation system and method”. The patent has a June 1994 priority date, proving that Nokia was working on mapping and navigation software years before Google was even founded.

    Claim 1 covers the following basic concept:

    1. A method of transmitting route directions in a compact form, comprising the steps of:

    (a) generating a first set of maneuver arms for providing a graphical representation of a calculated route to be taken by a vehicle through an intersection and geometric representations of a plurality of segments of roads to be traveled about an intersection along the route, wherein the intersection is an origin, and said representations of each of said plurality of segments of roads starts at the origin and radiates outward to an endpoint Xi, Yi to approximate the angles at which the roads approach the intersection, to depict a first intersection on a display, each maneuver arm of the first set of maneuver arms being represented by at least one endpoint;That does indeed look like they’re claiming a patent over the electronic method of providing directions from stored maps. And assuming that the patent is valid that would put rather a crimp on Google’s ambitions in this field.

    Mueller goes on to posit that Nokia has many more such patents in reserve: the aim here is to get Google to the negotiating table, not to just claim a fee on this one single patent.

    This is also rather more important to Google than the average patent case (say, over Microsoft’s FAT stack or something). For the real import of maps and all things associated with them is not that we look at maps and this gives Google more time with us, a greater share of our attention. It is, rather, that Google Maps are a crucial part of monetising mobile ads and access. For that positional data is allied with Maps in order to serve up the ads that concern whatever location we are currently in. That’s a very large revenue stream in the future and Nokia would obviously like to get a piece of it: as Google is similarly interested in not letting them have much of it.

    This is more than the usual patent spat given the link between mobile ads, location and maps.

  • blimpsrus2001 blimpsrus2001 Aug 18, 2014 2:26 PM Flag

    That is the Stock Market for you just look at BBRY.A lot of it is psychological.

  • t seems phone batteries always die at the same moment you need to make an important call.
    But while shouting at your mobile in frustration might seem pointless, a new gadget could soon mean your screams won't be in vain.
    Researchers in London have created a new technology that uses sound, such as chants at a football ground or chatter in a coffee shop, to charge up mobile phonesTheir prototype device, which is about the size of a mobile phone, uses zinc oxide to convert vibrations caused by sound into electricity.
    The invention was inspired by previous research at Queen Mary University of London (QMUL), which found playing pop and rock music improved the performance of solar cells.

    More...
    Are apps secretly listening to your calls? Security experts discover gyroscopes can identify voices from VIBRATIONS
    50 Cent unveils range of headphones that monitor your heart rate - and NEVER need charging
    This was because the sound vibrations triggered the movement of material in the solar cell that caused it to improve efficiency by up to 40 per cent.
    Developing this research further, Nokia worked with the QMUL team to create an energy-harvesting prototype that could be used to charge a mobile phone using everyday background noise

    The team used the key properties of zinc oxide, a material that when squashed or stretched creates a voltage by converting energy from motion into electrical energy, in the form of nanorods.
    The nanorods can be coated onto various surfaces in different locations making the energy harvesting versatile.
    When this surface is squashed or stretched, the nanorods then generate a high voltage.
    HOW ROCK MUSIC IMPROVES THE ENERGY OUTPUT OF SOLAR CELLS
    The latest research was inspired by a study last year that found playing pop and rock music improves the performance of solar cells.

  • NEW YORK (MarketWatch) - David Einhorn's Greenlight Capital Inc. took new stakes in Civeo Corp. CVEO -4.89% and Time Inc. TIME -1.59% , according to its 13F regulatory filing with the Securities and Exchange Commission. The hedge fund modestly reduced its holding in Apple Inc. AAPL +0.27% and sold the bulk of its stake in retailer Conns Inc. CONN +1.15% , according to the filing made late Thursday. Greenlight and its units as of June 30 owned 6.1 million shares in Civeo, which provide remote-site accommodations services, and 3.3 million shares in Time, which was spun off from Time Warner Inc. TWX +3.18% in June. It also owned 4.0 million shares in Voya Financial Inc. VOYA +1.23% , previously known as ING U.S. Inc. and in which it had owned 3.2 million shares on March 31. Greenlight owned 878,406 shares in Apple on June 30, down from almost 1.1 million on March 31, and 172,865 shares in Conns, down from almost 1.3 million three months earlier. It sold its entire stake in Nokia Corp. NOK +0.06% and Rite Aid Corp. RAD -0.32% , among others.

  • Nokia Growth Partners is putting its $100 million Connected Car Fund to work, backing Zubie Inc. in what executives say is the first in a series of bets on the buzzy space.

    The wireless giant’s venture arm led an $8 million round in the vehicle diagnostic startup, with global automotive parts supplier Magna International Inc.MG.T -0.46% and existing investors also participating.

    The deal comes at a key time for Nokia NOK1V.HE -0.43% Growth Partners and represents the latest vote of confidence in the tiny Charleston, S.C.-based startup.

    Like competitor Automatic Labs Inc., Zubie makes a hardware dongle and provides associated apps that deliver real-time feedback on a vehicle and the driver. The dongle plugs into a car’s steering column and aggregates data about system functions, like fuel and oil levels, before suggesting a tune-up or other action.

    Zubie also provides feedback on driving habits and makes suggestions, such as braking more gradually, to increase safety and lower costs.

    Unlike Google’s Android Auto–its recently unveiled system for car dashboard displays—and other connected car initiatives, Zubie is not focused on music, voice control or other consumer apps.

    For Nokia Growth Partners, which had worked with the company for about a year in conjunction with Nokia’s vehicle mapping and navigation group HERE, Zubie provides “a great entry point” to introduce other services.

    “We did a thorough review of the space before investing,” said Nokia Growth Managing Partner Paul Asel, who joins the Zubie board. “Connectivity is really a platform for services.”Mr. Asel said no other investments have been made from the $100 million Connected Car Fund, which Nokia debuted in May, but he said others are planned.

    Along with the Connected Car Fund, he said, Nokia Growth Partners is still investing from a $250 million Fund III it raised in 2013. With Nokia as the group’s sole LP, the firm invests for strategic as well as financial reasons.

    For Zubie, the investment will allow it to continue improving its product and double its headcount to 40 by the end of the month.

    Spun out of Best Buy Co. in 2012, Zubie previously raised a $10 million Series A round from Castrol innoVentures, Comporium and OpenAir Equity Partners. When it closed the round eight months ago at a valuation just south of $35 million, Zubie told VentureWire it was in the process of lining up a series of partnerships.

    Zubie Chief Executive Tim Kelly declined to provide an update, but a spokeswoman for the company confirmed the partners were all Fortune 500 companies in the telecommunications, dealership and insurance carrier sectors. The same spokeswoman said those partnerships will be finalized by the end of the 2014

    Existing investors Castrol innoVentures, Comporium and OpenAir Equity Partners also participated in the new Series B round.

    During the past six months or so, Nokia Growth Partners has made 11 new investments and had three exits, including Alibaba Group Holding Ltd.’s $3.8 billion purchase of mobile browser UCWeb and the IPO of mobile ad tech company Rocket Fuel Inc.

    Valuation of the Series B round was not disclosed.

  • blimpsrus2001 blimpsrus2001 Aug 12, 2014 6:04 PM Flag

    Beat me to the post bemos.Was watching CNBC fast money and Tim said Nokia a buy

  • Nokia seems to be doing well with its leaner and reinvented business structure, especially when it comes to expanding its networks business in the Asia-Pacific region. The telecom equipment maker won 12 important deals in India in the first half of the year, involving the modernization of 2G and 3G networks, 4G deployment, WiFi solutions, security solutions and device management. With this, Nokia now leads the country’s 4G LTE market in terms of contract wins.

    The deals include a five-year contract with wireless major Vodafone for the modernization of its radio access network equipment and a three-year network upgrade deal with India’s third largest carrier Idea Cellular . Following the recent deals, Nokia is now working with Vodafone in 19 out of the 22 telecom circles in India, and has also become the biggest equipment provider to Idea Cellular in the country. The company has also partnered with other key telecom players such as market leader Airtel, state-owned operators MTNL and BSNL, Uninor, Videocon (for FDD-LTE 4G deployment in six circles), Tata Tele and the Indian railways. Although the Indian 4G market is still in its nascent stages, early contract wins could help the company understand the market better than rivals and gain a competitive edge for future contracts.Following the sale of its handset business to Microsoft MSFT +0.37%, Networks is the largest business division for Nokia, contributing about 90% of the company’s sales and about 50% of the company’s value, according to our estimates. In this division, it is worth noting that Asia-Pacific was one of the only two regions (the other being Greater China, which is reported separately) that reported year-over-year sales growth last quarter, helping the company reverse much of its top-line losses from other geographies, especially Europe. Apart from India, the company has done well in gaining contracts in other regions as well, such as Europe, China and Africa. Going forward, we expect the company’s Networks sales to improve as the recent contract wins start bringing in revenues.

    We have a price estimate of about $8 for Nokia, which is slightly ahead of the current market price.At the start of the year, Nokia inked a major deal with Russia’s third largest telecom operator, VimpelCom Ltd., to provide network equipment and services for expanding its 4G network in central and southern Russia, most of the Ural and Volga regions as well as Siberia. The company also renewed its contract with Chunghwa Telecom in December of last year, to help in its capacity expansion. Chunghwa Telecom, Taiwan’s largest telecom player, is looking to launch 4G services very soon and has selected Nokia’s Network division (formerly NSN) as its primary equipment supplier.

    In more recent developments, Nokia bagged a five-year deal from Telenor in May to provide radio access network equipment and services to expand its 2G, 3G and 4G network across Europe and Asia. The company also recently signed a deal with Algeria-based Algérie Télécom, to deploy North Africa’s first commercial LTE network.

    In China, Nokia has done well in winning LTE contracts with China Mobile and China Telecom, and is on track to become the leading foreign player in the Chinese LTE buildout. In Europe, NSN won two large LTE contracts with Everything Everywhere and Vodafone, which should help stabilize revenues in the second half of the year.

  • blimpsrus2001 blimpsrus2001 Aug 12, 2014 2:40 PM Flag

    Who would've ever thought that junk would of sold like there's was no tomorrow.You sell quality no one wants it ,you sell garbage and the dumb Americans buy it up.Look how the people live in debt up to their eyeballs and most do not even have a savings,but they have things.

  • Reply to

    how many shares do u have?

    by kitchen2411 Aug 11, 2014 10:00 PM
    blimpsrus2001 blimpsrus2001 Aug 12, 2014 7:57 AM Flag

    Then what twiddle their thumbs?

NOK
8.555-0.055(-0.64%)10:31 AMEDT

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