Wed, Apr 16, 2014, 10:57 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Theragenics Corp. Message Board

lou62m 65 posts  |  Last Activity: 12 hours ago Member since: Feb 12, 2000
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • I think we get news Tuesday 22 April before market opens.

  • since the news that SIEB was shopping itself to potential buyers.
    How long does it take to kick the tires and look under the hood anyway?
    I bet we hear news shortly ... buyout north of $5/share.
    My opinion only.
    We shall see.

  • Last three weeks we had tight weekly closes 7.34 7.35 7.41
    According to IBD,when there are three tight weekly closes, we can expect a BIG move in the next few days.
    However this BIG move can either be UP or DOWN.
    Methinks its gonna be UP.

    Sentiment: Strong Buy

  • Reply to

    Nokia offers VRS to Chennai plant employees

    by lou62m Apr 10, 2014 4:09 PM
    lou62m lou62m Apr 10, 2014 4:12 PM Flag

    This is as clear as it gets. If the Indians don't get this ....
    “This process considers many factors including the predictability and stability of the regulatory environment in the countries where the company operates.

  • No set target for the scheme in terms of number of employees

    Finnish handset maker Nokia, which is currently involved in two separate tax disputes with the Centre and Tamil Nadu Government, is looking to reduce its Chennai plant workforce through a voluntary retirement scheme (VRS), according to people with direct knowledge of the matter.

    The company’s Chennai plant—which assembles low-end mobile phones—currently faces an uncertain future.

    The plant, which was frozen by tax authorities last year, needs to be transferred to U.S software giant Microsoft before the end of April. Nokia has now offered a voluntary package to its Chennai facility.

    When contacted, a Nokia spokesperson confirmed the development and pointed out that the company regularly reviews its global manufacturing strategy to “ensure the smooth and timely delivery of its products.”

    “This process considers many factors including the predictability and stability of the regulatory environment in the countries where the company operates. We feel this package offers staff the chance to seek new opportunities outside the company based from a firm financial footing,” the spokesperson said.

    “As a responsible employer, Nokia is offering a clear financial option for interested factory employees. All of the employees coming forward are entitled to the package,” the spokesperson added.

    According to sources, there is no set target for the VRS in terms of the number of employees.

    The Chennai plant’s employees have, in recent times, feared for their job protection. Nearly 2,000 employees staged a one-day hunger strike two weeks ago .

    When contacted, Saravana Kumar, Nokia India Employees Union President, said that the union had not decided what to do as of yet. “We will meet with our counterparts and take a firm stand tomorrow,” he said.

  • Reply to

    Siebert looking for a buyer

    by nyctrainer09 Mar 19, 2014 3:23 PM
    lou62m lou62m Apr 6, 2014 1:33 PM Flag

    I will gladly give you $2/share for every single share you own .

  • lou62m by lou62m Mar 29, 2014 9:04 AM Flag

    sitting at 3 year highs throughout the month of March, even after announcement
    by MSFT and NOKIA of delay.
    News of delay had zero impact on bond prices.
    Higher risk leads to higher interest rates and lower bond prices.
    There has been no drop in bond prices, therefore no extra risk perceived by the market.

    Sentiment: Strong Buy

  • Reply to

    SIEB

    by lou62m Mar 20, 2014 4:57 AM
    lou62m lou62m Mar 24, 2014 7:26 AM Flag

    If they sell the company, customers will go with acquiring broker.
    SIEB accounts are attractive target for Charles Schwab IMO.
    There is lots of value at SIEB. Over $5/share IMO....possibly $6/share.
    We shall see.

  • Reply to

    SIEB

    by lou62m Mar 20, 2014 4:57 AM
    lou62m lou62m Mar 24, 2014 7:15 AM Flag

    If no deal is announced soon, then stock price will trend lower.
    SIEB is losing money each quarter and we will be reminded of this again with earnings report right around the corner.
    SIEB will be sold IMO and I stick with my buyout target. When a deal eventually gets done, it will be north of $5. I did not include $0.85/share cash which will add to assets and buyout price.

  • Reply to

    Well, thsat was one ugly wedk and here's why:

    by nysexxx Mar 21, 2014 4:47 PM
    lou62m lou62m Mar 21, 2014 5:22 PM Flag

    NYSE we will be A-OK.
    After reading NOKIA response today to latest Indian tax extortion scheme, I now think we close on
    schedule. I was predicting a delay.
    I sleep well knowing NOKIA set to make new 52 week highs in 4 weeks. You should to.

  • Reply to

    SIEB

    by lou62m Mar 20, 2014 4:57 AM
    lou62m lou62m Mar 21, 2014 8:49 AM Flag

    Thank you Uncle Mikey!

  • Nokia X not to be made in India
    Anuj Srivas

    Share · Comment · print · T+


    The Nokia X, which has been widely touted as a game-changer for the company, will be imported from China.

    The Hindu
    The Nokia X, which has been widely touted as a game-changer for the company, will be imported from China.

    TOPICS

    computing and information technology

    telecommunication equipment

    mobile phones

    PDAs and smartphones

    Making it at Chennai plant would require more investment

    Finnish handset maker Nokia will not manufacture its recently launched Nokia X phone at its Chennai plant, which has become the focal point of a Rs.21,000-crore tax dispute, according to people with direct knowledge of the matter.

    The phone, which has been widely touted as a game-changer for the company, will be imported from China. Nokia is currently struggling to transfer its plant and other assets to software giant Microsoft before the acquisition is closed.

    According to sources, the decision to make the Nokia X in China could have come because rolling it out from India would require more investment at the Chennai plant. Also, with Nokia’s new plant having come up recently in Vietnam, a certain amount of redistribution and balancing in the company’s capacity is taking place.
    Tax dispute
    The Income Tax Department, had, last year, put a freeze on Nokia India’s assets as part of a tax dispute. While the freeze was revoked by the Delhi High Court, additional conditions were imposed on Nokia, which refused to accept them.

    Last week, the Supreme Court dismissed Nokia’s appeal, in a decision that implies that the Chennai plant cannot be transferred to Microsoft till the tax dispute is resolved.

    Meanwhile, top officials of Nokia India have been meeting union leaders at the Chennai plant to hear and discuss the apprehensions of the local employees.

    Several union leaders have alleged that Nokia is reducing the level of production at the Chennai plant. This, however, could not be independently confirmed. Nokia officials did not comment on the charges of reduced production.

    According to people with knowledge of the matter, discussions are still ongoing between Nokia India management, the company’s Finland headquarters and Microsoft as to what should be the next course of action. The union may also look to secure the help of the State Government.

    The Chennai plant, which was started in 2006, currently employs around 8,000 people and is a crucial part of Nokia’s India assets. A number of indirect employees also depend on the factory.

  • Production at Chennai Nokia plant cut, claims union
    Ishan Srivastava,TNN | Mar 20, 2014, 05.38 AM IST

    in

    Share
    .

    Comments

    More






    Login

    Register@indiatimes

    A

    A
    .






    Login

    Register@indiatimes

    .

    READ MORE Nokia India|Centre of Indian Trade Unions

    RELATED

    Nokia India to launch Lumia 1320, 525 in January
    No clear and present 'danger' to Nokia India staff
    Anxious wait for Nokia India' s 7,000 employees
    Nokia: India tax issue won't affect Microsoft deal
    Rally against Haryana's anti-labour policies
    .

    CHENNAI: Even as a meeting between Nokia India management and union leaders of the company's Chennai factory on Wednesday failed to yield any clarity about the future of the plant, the union heads alleged that work was being diverted to Vietnam and China, and production here was falling. They further said the lower levels of production may result in downsizing of workforce in the coming days.

    After the meeting on Wednesday, union leaders said the Nokia management was waiting for instructions from the company's headquarters in Finland. "The main topic of discussion was the protection of jobs and the settlement going forward. However, the management was non-committal," said M Saravana Kumar, president of Nokia India Thozhilalar Sangam, the employees' union.

    The Supreme Court had last Friday dismissed Nokia's appeal implying that the factory cannot be transferred to Microsoft till the tax dispute is resolved. Microsoft had acquired the phone business of Nokia in September last year.

    State general secretary of the Centre of Indian Trade Unions (CITU) and MLA A Soundararajan said the Nokia management "had no instructions from Finland" and had agreed to respond in a week's time. "They said that the local management is with us but we are afraid about jobs and are seeking a guarantee for it," he said.

    Around 8,000 workers are employed at the Chennai factory directly, of which 300 are couples. In addition, a number of indirect employees depend on the factory along with services such as transportation and canteen. Mobile phone part suppliers like Flextronics and Foxconn, who also have factories in the vicinity, are likely to be impacted in case the Nokia factory closes or production reduces significantly.

    Both Kumar and Soundarajan alleged that production at the Chennai factory has reduced. "Even today, level of production has come down drastically. They are moving work to factories in Vietnam and China. We will ask the government to stop this transfer of work," said Soundarajan. Nokia officials did not respond to TOI queries on production cuts and related issues.

    "We will file a complaint to the labour department in the next 2-3 days. According to the Industrial Dispute Act, management must get permission from the government before retrenchment or closure. We will urge the state government not to grant such permission," Soundarajan said. "If the Nokia management will not come forward with a solution, we will agitate on the streets," he said.

  • lou62m by lou62m Mar 20, 2014 4:57 AM Flag

    SIEB has 35000 brokerage accounts containing $7.2b in assets.
    If you do the math, that's approx. $206,000 per account.
    That's the average and shows SIEB accounts are well heeled.
    If SIEB were to sell assets at just 2% of value, we looking at $144m or 6.85/share.
    I bet SIEB gets taken out north of $5. We shall see.

  • Reply to

    Siebert looking for a buyer

    by nyctrainer09 Mar 19, 2014 3:23 PM
    lou62m lou62m Mar 19, 2014 3:39 PM Flag

    It will be at a minimum $5/share IMO.
    Compare P/S with ETFC and AMTD.

  • Reply to

    I can see a SPECIAL dividend in our future

    by taffy123414 Mar 17, 2014 6:48 AM
    lou62m lou62m Mar 17, 2014 7:00 AM Flag

    I hope not.
    A special one time dividend is not in the best interest of long term investors.

  • Orders NOKIA to give $572.5m guarantee.
    Lets see NOKIA next move.

  • Reply to

    3mil volume in europe, down 20 cents

    by sydneylocks Mar 12, 2014 7:11 AM
    lou62m lou62m Mar 12, 2014 7:29 AM Flag

    Until deal with MSFT closes, expect more turbulence.
    If there is a delay beyond March 31, expect even a bigger move to the downside.
    I expect a delay.
    However we will be perfectly fine in the long run.
    We just have to ignore the day to day fluctuations.

  • CEO Hoby Darling used the word " attack" in the conf call? lol
    Looking forward to great things from Hoby and company.

  • Reply to

    12s coming.

    by lou62m Mar 6, 2014 6:25 PM
    lou62m lou62m Mar 6, 2014 6:36 PM Flag

    If SKUL can break 9s during normal trading hours, 12 will be next target.
    There is very little resistance between 9 and 12.
    Look at chart. There was a two day drop from 11.90 down to 8.50 in Nov 2012.
    So it will be a quick move higher IMO to 12.
    However there is lots of resistance at 12. So 12 will be a ceiling for a while.

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Google Inc.
NasdaqGSWed, Apr 16, 2014 4:00 PM EDT