Earlier today he professed to be SHORT at $99 and change. This a55clown makes up trades constantly. Ignore him - he's mostly harmless. Him and his 40 different aliases.
Best move Nokia ever made was do dump D&S while retaining the patents. Phones lost them money for years but that IP is earning them some nice coin.
The Euro is holding NOK back. It's been under pressure and most people expect the Euro pressure to continue.
And for holders of Nokia ADRs you have to worry about the double-whammy of currency conversion. Not only could European stocks get hit, but the Euro could take a hit as well. A 5% hit in the Nokia ordinary shares in Helsinki plus a 5% hit in the Euro would translate to a 10% hit in NOK.
Multiples are different without the dynamic D&S division. Although D&S was hemorrhaging money for Nokia, there was always the *potential* for a profitable "third ecosystem" like they had in the heyday of Symbian. Here Maps and Nokia Networks are less dynamic businesses. Slow and steady vs. potentially explosive.
Also, while Russia/Ukraine is not directly relevant to Nokia, the Euro has been under pressure and the instability in the region will probably keep the pressure on. So while NOK1V.HE (Helsinki) won't feel much heat from the conflict, the ADR shares will feel it in the translation due to Euro weakness.
You do know that nobody has to buy this at parity with the Helsinki close, right? Why, in this market, would anybody buy a stock with currency risks at anything but a discount??
If, and that's a huge IF, Nokia was planning such a move it would be YEARS before they were ready for such an undertaking. They're starting from scratch after selling the entire D&S division to Microsoft. It's not exactly like the Blues Brothers: "We're getting the band back together!"
Nokia has been giving away Here Maps services since Elop took over. The idea was to build the brand to a point where they are attracting developers and gaining momentum for the platform. Having Here Maps power the navigation systems in Tesla cars would be a nice feather in Nokia's cap, and with the planned expansion Musk announced this week it might actually turn into something in terms of revenue.
Anybody see where I'm going with this? Tesla has a deal with Panasonic to build a battery factory. "The GigaFactory, as it's been called, will build lithium-ion batteries to satisfy an anticipated boom in demand for electric vehicles. Tesla hopes that the GigaFactory – located in Reno, Nevada – will not only enable the firm to make more batteries than the competition, but drive down their cost."
So if Both Nokia and Tesla have a tie-in with Panasonic, could this be the makings of a deal between Nokia and Tesla?