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2013-08-29
, 18:24
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Posts: 2,427 |
Thanked: 2,986 times |
Joined on Dec 2007
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#1972
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Deutsche Bank analysts believe Nokia Corporation (NOK) will just continue burning through its cash pile until it’s gone.
Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is still in trouble, if analysts at Deutsche Bank are to be believed. They call the company a “value trap” and said it appears as if the company’s gross margins have peaked and revenues are declining. As a result, they see “unfavorable risk / reward” in Nokia.
Nokia still burning cash
Analysts Kai Korschelt and Johannes Schaller issued a research note to investors saying that the bullish scenarios provided through a sum of the parts are “too optimistic.” They said another restructuring could be in the company’s future, and the cost of that restructuring could add up to about €600 million.
The analysts said in addition to restructuring costs, Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V)’s E1 per share in net cash could run out by the end of next year, largely thanks to the ongoing cash burn in the company’s Devices segment. They said once that cash runs out, the major value angle to the stock disappears.
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2013-08-29
, 18:29
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#1973
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SELL! SELL! SELL!
Nokia Corporation (ADR) (NOK) Is A “Value Trap”: Deutsche Bank
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2013-08-29
, 19:00
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Posts: 147 |
Thanked: 228 times |
Joined on Feb 2010
@ Toronto, Canada
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#1974
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One man's analyst negative outlook, is another man's opportunity to buy below true value. NOKIA is pumping them phones. Go Noki!
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2013-08-29
, 21:12
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Posts: 65 |
Thanked: 143 times |
Joined on Dec 2009
@ Helsinki
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#1975
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2013-08-29
, 21:25
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#1976
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2013-08-29
, 21:26
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#1977
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Dude, Nokia may be "pumping them phones" but almost nobody is buying them. I keep reading your posts, and every time I wonder what are you smoking. The bottom line is Nokia is done unless they change direction, and as long as Elop is in control that's not happening.
There may be hope, as bookies have him as a favourite to replace Balmer at Microsoft.
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2013-08-30
, 18:05
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Posts: 289 |
Thanked: 185 times |
Joined on Sep 2012
@ Worldwide
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#1978
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2013-08-30
, 18:22
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Posts: 3,464 |
Thanked: 5,107 times |
Joined on Feb 2010
@ Gothenburg in Sweden
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#1980
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bring me beer, downward spiral, elop is nero, let's talk bs, lumiadickweed, lumiatard, nero fiddling, nokia bears, nokiastockrock, thanks for asha |
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N9: Go white or go home