...low interest rates and do nothing of value with the cash and opportunity, and thus its share price has been in the toilet for years now. NOK management has chased away hope. Just great, a 3G India contract. Get your money upfront and expect to be screwed in India, especially if anything ends up in Indian courts.
No fool, blame Suri for NOK being down significantly since he took over after being so well set up by MSFT, and for NOK being down today significantly more than its peers. Greek situation should have sent NOK down today from $12 to maybe $11.50, if Suri had properly used the cash a year and a half ago to reduce outstanding NOK shares significantly, instead of turning NOK into a utility like stock, and trying to become ERIC. Idiot!
Certainly not out of money and actually my PBR- bought in the low $6's- has done very well. We are all powerless vis a vis NOK as it has been a total dog and POS ever since Suri took over.
....price to be down another 4% (way more than peers) is a reflection of how little respect the markets have for Suri's policies and plans. Its all about Suri and not NOK shareholders, and he takes forever to do anything because he knows the complacent Finns won't kick him out for failure to utilize NOK's assets.
...for the past year and a half. It couldn't have anything to do with Suri's failure as a CEO to look out for shareholders and properly utilize NOK's cash to reduce the huge share count could it?
....be a disappointment as it is worth over $10B. But they should either do a deal soon or take it off the market and look to partner and/or IPO it. Also lets get the Sammy arb. wrapped up, and what the ef is holding up India except that it is still so backward?
...there are ways to hedge, etc. and actually that can help NOK in many ways. Suri has been CEO now really since Elop left (well over a year) and NOK stock price has been a disaster since then. Its time to admit the mistake and get a CEO who cares about shareholders. And no way Here should be sold for $4B!
So you are saying its all about Suri and what he wants and NOT about the owners of the company. I agree. And now way NOK should take less than $7B for Here. Pay up guys or deal with GOOG for your connected cars. Zuck will pay $19B for What'sApp but won't pay $10B for Here?
...who cares about shareholders and ergo share price. Suri was set up for NOK to easily be over $10 by now but he is running it for himself.
NOK just can not win.
Maybe they can change it to There. Yes the Finns are boring people and it is reflected in NOK PR and lack of mojo. And Suri is a terrible CEO. He should just be head if NSN and someone with some pizazz and concern for shareholders should be CEO. Actually AAPL should buy all of NOK, and then keep Here and the IP/AT/patents etc. (and ergo not have to pay royalties to NOK) and then spin off NSN as the boring utility it has become.
...necessarily his fault but expected the India situation to be resolved long ago, expected Here sale was due by end of May and there seems very little progress or good offers, and why is Samsung arbitration taking so long to wrap up? And of course NOK share price has been a sad joke ever since Suri in charge.
No I am not sydneylocks and do not even know who he Is. I do know that you, fenchie, are a multi id board idiot w/o a life who somehow thinks anyone is interested in you personal life or Nokia train story fantasy.
Here obviously gives little boost to tis stock. Hard to figure that but clearly no respect from market for Suri and his management.
...being set up so well by MSFT. Kids NOK is at $7 when it should easily be over $10, and down again today. And were is the big Here sale that was due by end of May? Everyone considers NOK a chump company and will not pay up for anything that is Nokia.
So GOOG is 30x bigger than NOK but only has 8x the cash? Sounds good for NOK. AAPL is stupid not to buy Here for $10B of its cash held abroad.
And AAPL is just too cheap!