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-   -   Let's talk Nokia stock! (https://talk.maemo.org/showthread.php?t=56370)

Dave999 2011-06-01 19:14

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by volt (Post 1020354)
Back to stocks, now may actually be the ideal time to buy. Or once the panic is starting to near the end.

Read this thread from the beginning. Several people have said the same thing before(me included) just to see the stock fall a few % the day after. :D

volt 2011-06-01 21:43

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Dave999 (Post 1020384)
Read this thread from the beginning. Several people have said the same thing before(me included) just to see the stock fall a few % the day after. :D

I know, but those were pro-Nokians. I'm a Nokia sceptic. Also, I did that whole open ended "when panic stops" thing, just in case :p

extendedping 2011-06-01 23:37

Re: Let's talk Nokia stock!
 
love that picture of Elop and Ballmer. The conversation probably ran something like this...

"I hold in my hand a note from Mr. Ballmer. He has personally assured me that all who invest in the new Nokia w7 phone will experience 'peace in our time'".

Rauha 2011-06-03 09:57

Re: Let's talk Nokia stock!
 
Nokia stock is now trash, but I've found an alternative investment method related to Nokia. Nordicbet is now taking bets on Elop still being Nokia CEO 1.1.2012 (Link). Current odds Yes 1.20, No 3.80.

Dave999 2011-06-03 10:23

Re: Let's talk Nokia stock!
 
Whats the odds for Microsoft taking over nokias mobile service? I want to bet.

Rauha 2011-06-03 10:50

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Dave999 (Post 1021550)
Whats the odds for Microsoft taking over nokias mobile service? I want to bet.

They don't do that (yet), but they have some bets on Nokia's share price for people who want play with Nokia stock wihout touching that toxic waste.

deadmalc 2011-06-03 11:31

Re: Let's talk Nokia stock!
 
no one notice this:

Yes you did, I just missed a section of the thread :rolleyes:

momcilo 2011-06-03 11:43

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by deadmalc (Post 1021577)
no one notice this:

Yes you did, I just missed a section of the thread :rolleyes:

http://www.google.com/finance?client=ob&q=NYSE:NOK

momcilo 2011-06-03 11:44

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Rauha (Post 1021538)
Nokia stock is now trash, but I've found an alternative investment method related to Nokia. Nordicbet is now taking bets on Elop still being Nokia CEO 1.1.2012 (Link). Current odds Yes 1.20, No 3.80.

Well this assumes that there will be such position as Nokia CEO on 1.1.2012

Rauha 2011-06-03 11:51

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by deadmalc (Post 1021577)
no one notice this:

Yes you did, I just missed a section of the thread :rolleyes:

That was 2 days ago. Only a dead cat pounce. Down another 4,5% today in Helsinki stock exchange.

mohi2k7 2011-06-03 14:44

Re: Let's talk Nokia stock!
 
how low can you limbo, not as low as nokia stock price :P

ysss 2011-06-04 09:01

Re: Let's talk Nokia stock!
 

volt 2011-06-08 17:55

Re: Let's talk Nokia stock!
 
After more rumours, this time of Samsung buying Nokia, there's a new stock price low point, touching at 6.235 today.

I am pretty glad I didn't buy Nokia stocks in, say, late January 2011 :g

Creamy Goodness 2011-06-08 22:44

Re: Let's talk Nokia stock!
 
hahaha. so low. what's a good way to buy stocks?

volt 2011-06-10 12:13

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Creamy Goodness (Post 1025409)
hahaha. so low. what's a good way to buy stocks?

I can do that in my net bank. :B

Quote:

Originally Posted by volt (Post 1025218)
After more rumours, this time of Samsung buying Nokia, there's a new stock price low point, touching at 6.235 today.

Touching $6.22 (6.21?) wednesday and thursday.

Not sure if these images will hotlink:

Nokia Corp. (NOK) - $
http://bors.e24.no/e24/images/chart/...679cc1da55.png

NOK1V - €

http://bors.e24.no/e24/images/chart/...b63989bbd1.png

Texrat 2011-06-11 04:14

Re: Let's talk Nokia stock!
 
The thing is, the stock is SO much lower than the value of the company's assets alone.

It hurts that I bought a lot at around $9, but it's worth more than that, too. This can't go on forever.

ysss 2011-06-11 04:21

Re: Let's talk Nokia stock!
 
buy more noks...

volt 2011-06-11 09:08

Re: Let's talk Nokia stock!
 
As it is now, it's in danger of being bought to be sold in pieces - the price is lower than the cash value. So technically it's underpriced, for sure, maybe because nobody wants the job of cutting it's throat. Or maybe the vultures are already reading through the books to see if it's really worth what it says it's worth.

On a long term scale though, that doesn't guarantee profit if you're all in today - they can still keep going like this until all value has been burned up. I'd think it'd have to change eventually though. This is a company with a lot of options - even peeing the pants with Android hardware.

9000 2011-06-11 09:23

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Texrat (Post 1026886)
The thing is, the stock is SO much lower than the value of the company's assets alone.

It hurts that I bought a lot at around $9, but it's worth more than that, too. This can't go on forever.

This may be a common misconception the total stock values must not drop below total value of assets. It could.

The stock values directly reflects the future prospect and the earnings of a company. The other indirect index of stock valuation is the market positioning of the company in the industry.

This might not be convincing to you. I give you an example: if one day Nokia's board concluded that they're done and decided to sell all the business and assets to cash in, the stock price will quickly be approaching $0.

So what happen here? Shouldn't the stock values reflect the total company values, which is supposed to be unchanged after cashing in? The problem is that the company would be losing all the capabilities to earn money, and it is exactly what affect the valuation of stocks.

I know the above doesn't help you to save your portfolio. However, it's not totally hopeless. Many people forgot the brand valuation. If the coalition with Microsoft could really expand the brand value, then even when there's zero sales profit for 3 or 4 quarters, the stock value would still raise, then you could exit at the right price.

Currently the brand value could keep Nokia from dropping below $4. If it does, then Nokia would be subjected to restructuring, and you may sell them to avoid further lost.

Dave999 2011-06-11 09:28

Re: Let's talk Nokia stock!
 
will be intressting to see if the announcment of the harmattan phone can gve the stock a push. Lets hope so :)

9000 2011-06-11 09:30

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Dave999 (Post 1026991)
will be intressting to see if the announcment of the harmattan phone can gve the stock a push. Lets hope so :)

In this case I don't care about the stock I'll buy this phone right away. ;)

volt 2011-06-11 09:32

Re: Let's talk Nokia stock!
 
Can't see why it would. It's already been taken in account and discarded both by the american tech blogs, analysts (who read them) and elop/nokia themselves. The raving reviews of the N900 did nothing, the niche is still far to small to show up on the Nokia bottom line, especially considering it's a niche where you can see the end.

momcilo 2011-06-12 11:12

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Dave999 (Post 1026991)
will be intressting to see if the announcment of the harmattan phone can gve the stock a push. Lets hope so :)

Unless that phone is all-existing-phones-killer, I pretty much dubt it will change anything.

Given the recent developments since February, it is even uncertain which OS will it use?

Given the overall strategy, and assuming that the phone is really something extraordinary compared to anything we have seen so far, I would suggest that WF7/8 will be the primary OS, with possible Meego/Harmattan alternative.

That would more likely influence the stocks. The release of Harmattan itself, would simply announce the technology, without providing the large deployment, so sooner or later the others will present their own magic and the advantage would be lost. The loss of advantage would reflect on stocks again.

Again, if they do have the technology advantage, they better apply it as soon as possible.

momcilo 2011-06-17 19:08

Re: Let's talk Nokia stock!
 
There is some more smoke from Eldar (125000 WF7 pieces this time):
http://paidcontent.co.uk/article/419...opean-markets/

Texrat 2011-06-17 19:52

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by 9000 (Post 1026987)
This may be a common misconception the total stock values must not drop below total value of assets. It could.

Yes,and I've been a victim of that a couple of times. I don't see it happening with Nokia though.

9000 2011-06-18 10:38

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Texrat (Post 1031080)
Yes,and I've been a victim of that a couple of times. I don't see it happening with Nokia though.

Aye, Nokia is a very special case indeed.

geneven 2011-06-18 11:21

Re: Let's talk Nokia stock!
 
Sometimes a stock drops so low it becames an attractive "what the hell" buy. Maybe Nokia is in that area. I bought $200 worth of Ford stock at $2 a share and made more than $1000. If I had lost the whole $200 it would have been cheaper than almost any Vegas weekend I can imagine.

volt 2011-06-21 00:30

Re: Let's talk Nokia stock!
 
Another drop... $5.79 today. I'm thinking 'don't sell yet'. Traders don't seem to be expecting a Steve Jobs performance at the Nokia Connection, eh?

Bloomberg sez Nokia parts are worth 52% more than the whole. http://www.bloomberg.com/news/2011-0...-real-m-a.html And that was many days ago, stock just keep falling.

This is pretty tempting to take over, no?

choufleur47 2011-06-21 01:19

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by volt (Post 1033530)
Another drop... $5.79 today. I'm thinking 'don't sell yet'. Traders don't seem to be expecting a Steve Jobs performance at the Nokia Connection, eh?

Bloomberg sez Nokia parts are worth 52% more than the whole. http://www.bloomberg.com/news/2011-0...-real-m-a.html And that was many days ago, stock just keep falling.

This is pretty tempting to take over, no?

"The blog IntoMobile took this one step further and asked the well-placed blogger Eldar Murtazin whether he knew how many WP7 units Nokia planned to “make” this year, and the answer was an anemic 125,000."

LOL, asking Murtazin for production numbers. He can have some good intel, but he sucks hard regarding to numbers... can't believe they put that stuff on bloomberg...

9000 2011-06-21 02:02

Re: Let's talk Nokia stock!
 
The current stock value reflects the future prospect of Nokia, so It'd drop below present company value.

So you need certain amount of confidence in WP7 strategies before you buy a Nokia stock.

However, even Nokia isn't planning to buy back its stock at this historic low level, I think your confidence level must exceed the entire company before making the call decision. ;)

Frappacino 2011-06-21 02:35

Re: Let's talk Nokia stock!
 
>> The current stock value reflects the future prospect of Nokia

A common misconception from textbooks

A current stock value only reflects what another buyer is willing to pay for it. It does NOT reflect anything beyond that.

Buyers and sellers can trade Nokia stock for a whole variety of reasons which have NOTHING to do with Nokia's future prospects.

i.e. Computer driven trading ala Quants do not examine "WP7 strategy" when they trade Nokia stock....

9000 2011-06-21 04:06

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Frappacino (Post 1033679)
>> The current stock value reflects the future prospect of Nokia

A common misconception from textbooks

A current stock value only reflects what another buyer is willing to pay for it. It does NOT reflect anything beyond that.

Buyers and sellers can trade Nokia stock for a whole variety of reasons which have NOTHING to do with Nokia's future prospects.

i.e. Computer driven trading ala Quants do not examine "WP7 strategy" when they trade Nokia stock....

I see your point, but isn't what you just said is exactly the textbook concept? ;)

You wouldn't tell your clients their stock dropped because nobody wants to pay higher price for them, would you? It'd be much better if you could tell them why. :D

If you've read beyond that particular sentence you quoted, you'd see that I'm actually talking about Nokia's stock and explained, in my point of view, the reason why the current stock level is dropping below its company value.

It's not like a statement to generalize everything. Thanks.

volt 2011-06-21 11:23

Re: Let's talk Nokia stock!
 
Nokia had a lousy day at the Helsinki SE yesterday, going from 4.19 to 4.036 euro, worse than what we saw earlier on the NYSE. However, after tonight's exchange, it has recovered SOME. It still started lower than yesterday, though, so no damage repaired beyond 24 hours. Now at 4.14 euro.

From February till now, stock value has fallen beyond the half line, from 8.5 to 4. Stockholders go yaaaay?

momcilo 2011-06-28 10:05

Re: Let's talk Nokia stock!
 
Finalized Nokia-Accenture deal.

http://gamutnews.com/20110626/37383/...mbian-sof.html

It seems that stocks have recovered slightly.

ericsson 2011-06-28 10:45

Re: Let's talk Nokia stock!
 
Why not put a Nokia stock ticker on the front page. Then you wouldn't neet talking about it :)

Dave999 2011-07-04 10:17

Re: Let's talk Nokia stock!
 
alot of banks do not reommend you to have anything to do with the nokia stock. What happens if it reaches 0,00 and noone wants to sell their stocks?

volt 2011-07-14 11:12

Re: Let's talk Nokia stock!
 
For it to reach 0,00, I believe the last sold stocks would have to be at 0,00 and the highest bid for more 0,00... Or something like that.

Technically, I guess a company can still run even if nobody think their stocks are worth anything.

Today held in store a new low for Nokia.

$5.63.

The stock price did rise quickly before the split in 1998, so we won't be threatening the 1998 low any time soon. But still, we're talking 13 year low, and falling. I believe Nokia had quite the smaller budget and fewer sold phones when we last saw this stock price.

gerbick 2011-07-14 14:04

Re: Let's talk Nokia stock!
 
I've set my buy-in at $4.05 and will do so with limited interest - can see it going back up to $4.80 at that would be enough for me to "play" with.

But I fear the price will drop to less than that before the end of the year. After the actual release of the N8, they've really not released anything since.

volt 2011-07-14 14:53

Re: Let's talk Nokia stock!
 
I fear they will keep dropping until they can show some surprisingly positive numbers of some sort.

Buying a share in some of the many new ex-Nokian companies might lead to something good... Outcasts often have good ideas ready.

$5.51

Rauha 2011-07-18 09:50

Re: Let's talk Nokia stock!
 
Nordea (the biggest bank in northern-Europe) today recommends moving investments from Nokia stocks to…too funny, cannot make this up…Nokian Tyres.

Yes, that is the once-part-of-Nokia tyre manufacturer. EDIT: Wow, Nokian Tyres has gone from 20 to 35€ in past 12 months.


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