Okay, I'll take nothing and write off all of it. This is how the cookie crumbles sometimes when investing in high risk stocks. I'm just glad I have something to write this off against. Management let me down and that wasn't a big surprise to me but the fact that their assets are less value than I thought was the big surprise.
Analyst have not factored in any increase above 1% run rates higher than what they were getting before. So I don't see a 50% drop ever but of course if the market isn't happy with the amount from Samsung it will hurt NOK but not as much as you think.
But as a risk play I do like RAD and I think they will succeed in the long run. I wished I picked up some a long time ago but right now Nokia is safer and prettier by far. I couldn't believe that for a while RAD actually traded higher than NOK but seems like reality is starting to set in.
When you compare RAD debt to cash ratio and then you compare NOK debt to cash ratio then you factor in current cash flow of both companies, there is no comparison. Nokia is past the point were higher interest rates matter and will not affect NOK as much, but RAD is a different story. Now is the time were large companies with good balance sheets will continue their bull runs and all others need to hope for huge sales and lower interest rates just to slowly reduce debt while staying afloat. That's a lot to ask for right now. Me personally I will not invest in risk plays going forward right now and I don't consider NOK a risk play now but RAD still is because of their high debt.
First Moody's now Morningstar great news and thanks jonesdrifter for posting. Now just waiting of Fitch to upgrade Nokia's credit and then we will have a trifecta.
Anything is possible. You seem like a smart investor with a good plan on Nokia and your strategy with Nokia is a good and safe one. Nokia now offers both safety and risks and has shown positive cash flow so I'm just adding all the variables and I see a stock under $10 that offers more than most other stocks under $10 do. Can someone name a stock under $10 that offers what Nokia has when you match up just their balance sheets. Lets not get into forward prospects because that gets viewed so differently. I find it hard to find another stock to match Nokia for the same price after comparing balance sheets. But of course this is my opinion and I'm a risk taker that took on heavy risk a long time ago so now it just feels like smooth sailing to me.
Nokia reality check: Nokia is in the best position that they have been in a very long time. That's a fact and the market will determine what the new Nokia is worth. I say that Nokia used to a good hold back when they started their turn around a long time ago, fast forward now Nokia is a buy.
Nokia Corporation (ADR) (NYSE:NOK) [Trend Analysis] rose over 3% in previous 5 months as it will hold considerable amounts of cash post-transaction warning the risk of an investment. The market capitalization could be included of around 40 percent in cash providing a significant floor value. To improve network performance plus to bring down costs, Nokia Corporation’s (NOK) completely owned subsidiary Nokia Solutions and Networks is the initial to arise with Operations Support System (OSS) tools under the forenames of Nokia Performance Manager as well as Nokia Service Quality Manager. Nokia Networks considers that the implementation of these tools will lower network management expenses by around 19 percent as compared to other traditional business models. Nokia Corporation (ADR) (NYSE:NOK) after opening at $8.71 hit its intraday high price of $8.73 then finished at $8.64 by shares surged 0.12%. The average consensus estimates of street for the latest quarter revenue were 3.91B in eye of 12 street analysts.
I'll be watching the game. I don't follow sports as much as I used to. But the Steelers have remained my favorite team. When I was growing up it was always the hard working Steelers against the show boat Cowboys. Enjoy the game kick off soon.
What a ride. And with so many good passengers on this message board that it's not just coincidence. I must first give thanks to my God given wisdom that I have received when I asked, and that's what eventually lead me to Nokia. And now I would like to thank all of those good passengers for making this wonderful ride better.
If Staple buys Office Depot or merges with, than they would be a office supply monopoly. Maybe it doesn't get approved again. Staple's may be viewing what Office Depot is doing with smaller size stores and Staples may soon start reducing the size of their stores as well. But if both companies combine together they might be able to fight off Amazon and possibly increase their margins.
I own the Lumia 929 and its a great phone so the update will make it better but when? Microsoft had sent me an email about 6 weeks ago telling me they will notify me when update is available. If anyone has any info as to when I would appreciate it.