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

Dave999 2010-06-16 15:13

Let's Buy Nokia Stock!
 
What's you take on nokia stock? profit warnings for Q2. It it just that nokia lack of new phones on the market? or will they lose market shares for real?

danramos 2010-06-16 15:16

Re: Lets talk Nokia stock!
 
Funny timing... I JUST finished telling me coworker who was looking over new phones (mostly Androids), "So... what, no Nokias?" Irony because he used to be a HUGE Nokia fanboy. Not so much anymore.

When I look at all the neat new phones and whiz-bang features and their high profile.. I'm left wondering where Nokia fits in in the year 2010.

ysss 2010-06-16 15:16

Re: Lets talk Nokia stock!
 
The truly interesting things in the pipelines are way way way distant.

They've managed to maintain (well +1% increase) their high end smartphone marketshare by lowering their average sell price from 190E to 150E. I expect this strategy to fail this quarter.. there's not much more to give while the competitions are stepping up.

More downtrend for at least another 9+ months unfortunately...

bugelrex 2010-06-16 15:22

Nokia gives profit warning. Stock is tanking. They deserve it
 
I wonder how low Nokia's stock has to get before management get a clue?

They just issued a profit warning.
http://finance.yahoo.com/q?s=NOK

Another 20-30% down and they might finally realize:
- they cant put out half finished phones (n900, n97)
- Why the hard-on for Symbian? especially when its just not up to par with the competition
- Meego better have a decent UI experience
- you need to fire all the crappy QA,developers. Stop being cheap and hire non-junior developers
- Stop with the stupid E and N series split. In 2010 consumers expect both decent business/consumer experience in a phone.
- stop catering to the extreme geeks by just piling on "features" that sound good but don't work well in practice.
- How hard is it to make sure all the apps you ship with the phone have the same look/feel UI experience?
- in 2010, "majority" of consumers like slim phones

.. its looking pretty sad. why can't Nokia wake up????? They were so close with N900..

Dave999 2010-06-16 15:24

Re: Lets talk Nokia stock!
 
Well if we look at the smartphones segment and the value of nokia stock we can excpect even more decreased values. Wonder what phones nokia will push out Q3. n8-00 alone is not enough to change the trend. Have to investigate that. Or can it be the the markets expectations is from nokias glory days in the past?

ysss 2010-06-16 15:24

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Oh bollocks, there's no need for that kind of commentary in the subject...

btw, here's an earlier thread about the same subject:

http://talk.maemo.org/showthread.php?t=56370

danramos 2010-06-16 15:26

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by ysss (Post 717685)
The truly interesting things in the pipelines are way way way distant.

They've managed to maintain (well +1% increase) their high end smartphone marketshare by lowering their average sell price from 190E to 150E. I expect this strategy to fail this quarter.. there's not much more to give while the competitions are stepping up.

More downtrend for at least another 9+ months unfortunately...

If only they had another market to fall back on besides the cell phone market in the meantime while they try to fix their cellphone market-share! You know.. something they were uniquely ahead on. Say, INTERNET TABLETS. Especially seeing as how Starbucks and McDonald's are both now offering FREE wifi in all their locations. Nobody is going to particularly care about having a 3G radio in their device anymore. Hell, the iPad people aren't even going to bother with 3G anymore either. Apple, once again doing the smart thing, doing something I kept suggesting all along: offer a non-cellphone version of your f***ing device (cheaper, lighter, etc.)

Nokia had opportunity and pissed it away, as usual.

Texrat 2010-06-16 15:29

Re: Lets talk Nokia stock!
 
Historically it's been a great buy below $14. I've made money on it twice going by that. But I'm really concerned with how low it is now. I think I'll wait until the next dip to add more.

Still, it can't stay this low forever.

Average Joe 2010-06-16 15:33

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Ouch! From a high of $40 a share in 2008, to $8 a share today. Not cool if you are a shareholder.

Dave999 2010-06-16 15:34

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by Texrat (Post 717705)
Historically it's been a great buy below $14. I've made money on it twice going by that. But I'm really concerned with how low it is now. I think I'll wait until the next dip to add more.

Still, it can't stay this low forever.

True, but i think nokia have to find more profit in other areas than phones. In the past that were their cash cow. nodays componies must have several legs.

I thinking of putting in some money tomorrow. will see what is happning during the week. But after big dips the stock almost always jumps back a bit ;)

bugelrex 2010-06-16 15:35

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
If you don't own any existing shares, $8 is a very decent price **IF** they don't cut the 4%+ dividend.

ysss 2010-06-16 15:36

Re: Lets talk Nokia stock!
 
Will Nokia make use of MeeGo to branch out to other form factors that MeeGo supports? (large ipad-sized tablet, car pc, dvr/htpc, etc)

kojacker 2010-06-16 15:40

Re: Lets talk Nokia stock!
 
Unfortunately it's easy to see why, and imo it's not going to get any better soon with Android, iPad, and products like Chromium around the corner expected to mop up Nokia's traditional terrorities. I can't see any good news until there's some major shakeup with the senior management at Nokia, and even after that it'll be a year or maybe two for new strategies to be sewn and take seed. Tough times :(

bbin 2010-06-16 15:40

Re: Lets talk Nokia stock!
 
I think they really should focus right now on symbian 4 and meego. Maybe couple of well designed laptops and a tablet :D

sjgadsby 2010-06-16 15:46

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717701)
Especially seeing as how Starbucks and McDonald's are both now offering FREE wifi in all their locations.

Not all McDonald's locations, sadly. *grumble*

danramos 2010-06-16 15:52

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by sjgadsby (Post 717732)
Not all McDonald's locations, sadly. *grumble*

Correction, very,very many at 11,500 locations.
http://www.mcdonalds.com/us/en/services/free_wifi.html

On the other hand, ALL US Starbucks locations, though.
http://twitter.com/Starbucks/status/16160253771

quipper8 2010-06-16 15:54

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by Texrat (Post 717705)
Historically it's been a great buy below $14. I've made money on it twice going by that. But I'm really concerned with how low it is now. I think I'll wait until the next dip to add more.

Still, it can't stay this low forever.

I agree. i think Nokia strategy as a company is pretty good long range especially regarding ME, China, India, Africa

Will they ever break into a large smartphone marketshare in USA, not sure, but it might not even be necessary.

i think that is what most people are blinded by.

danramos 2010-06-16 15:57

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by quipper8 (Post 717742)
I agree. i think Nokia strategy as a company is pretty good long range especially regarding ME, China, India, Africa

Will they ever break into a large smartphone marketshare in USA, not sure, but it might not even be necessary.

i think that is what most people are blinded by.

If that's the case, why are we here? Why piss off a bunch of people in the US? Better question, why were we stupid enough to buy their crap? heh

sjgadsby 2010-06-16 15:58

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717739)
On the other hand, ALL US Starbucks locations, though.
http://twitter.com/Starbucks/status/16160253771

Yeah, but so far as I know, they don't offer indoor playgrounds for cabin fever-crazed kids in the middle of winter. I'm not even sure where a Starbucks is around here, so I could be wrong though.

Anyway, sorry for the diversion. Back to kicking Nokia while they're down! Ha!

ysss 2010-06-16 15:59

Re: Lets talk Nokia stock!
 
@quipper8: do you think Nokia's failing grades are.. somehow undeserved?
that it needs to be blamed to some other entity?

Frappacino 2010-06-16 16:00

Re: Lets talk Nokia stock!
 
Currently equities are not trading on fundamentals but technicals. Unless you are a trader who has a handle on the structural issues in the monetary systems in the world economy, I think you are asking for trouble going long on any stock long term.

quipper8 2010-06-16 16:04

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717747)
If that's the case, why are we here? Why piss off a bunch of people in the US? Better question, why were we stupid enough to buy their crap? heh

Well, while they make gravy in developing markets they are releasing delicious(for me anyway) maemo experimental devices now and then and i am very happy they release these devices that are somewhat still an R&D project for a small department of Nokia. it looks like they have seen enough demand now and will be further developing meego as more consumer centric type with more resources behind it.

danramos 2010-06-16 16:05

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by Frappacino (Post 717754)
Currently equities are not trading on fundamentals but technicals. Unless you are a trader who has a handle on the structural issues in the monetary systems in the world economy, I think you are asking for trouble going long on any stock long term.

How does this help us release our frustrations on Nokia as consumers? ;)

Quote:

Originally Posted by quipper8 (Post 717759)
Well, while they make gravy in developing markets they are releasing delicious(for me anyway) maemo experimental devices now and then and i am very happy they release these devices that are somewhat still an R&D project for a small department of Nokia. it looks like they have seen enough demand now and will be further developing meego as more consumer centric type with more resources behind it.

To what end? What's the point of the R&D device if it'll never produce anything that ultimately will have a userbase or purpose? I sincerely feel that Meego will not go anywhere with Nokia pulling stunts. Even Linux desktop distros have a purpose.

Frappacino 2010-06-16 16:07

Re: Lets talk Nokia stock!
 
lol it doesnt. Its just a friendly word and of course I could be wrong - as usual DYOD and YMMV.

Dave999 2010-06-16 16:11

Re: Lets talk Nokia stock!
 
Must also consider decreased value of the €. Not good for nokia. This makes the position even worse.

danramos 2010-06-16 16:23

Re: Lets talk Nokia stock!
 
Oh Nokia.You're adorable. It's cute to see them trying so hard sometimes. Sometimes.

colnago 2010-06-16 16:33

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by Frappacino (Post 717754)
Currently equities are not trading on fundamentals but technicals. Unless you are a trader who has a handle on the structural issues in the monetary systems in the world economy, I think you are asking for trouble going long on any stock long term.

Long:

- APPL
- GLW
- CRUS
- MU
- PWER

danramos 2010-06-16 16:35

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by colnago (Post 717785)
Long:

- APPL
- GLW
- CRUS
- MU
- PWER

OMG! CODE! Quick.. anybody here know how to solve puzzles or something??

Patroclo 2010-06-16 16:35

Re: Lets talk Nokia stock!
 
It's rather strange to see people who are happy about Nokia's financial problems.
If Nokia will close, then you cannot buy Nokia products any more.
Think about it...

quipper8 2010-06-16 16:36

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by ysss (Post 717750)
@quipper8: do you think Nokia's failing grades are.. somehow undeserved?
that it needs to be blamed to some other entity?

I would say falling, not failing

stock prices generally reflect the now with little regard for long range strategy of a company. in other words, IMO, now is a great time to buy Nokia.

While the north american mobile market bumps and grinds it way towards a more open landscape where there is unlocked freedom, less subsidy and contracts and carrier binding, and transition to 4g technology based on gsm(LTE), nokia is bolstering its position in developing markets to the tune of greater than 50% market share.

in the next few years, nokia can have a more technically savvy market in most of the world with brand awareness/loyalty AND a more open mobile landscape in the US upon which to release new smartphone models. Nokia can transition its massive manufacturing to primarily smartphones when this international critical mass arrives.

This is definitely a tough time of transition and reorganization for Nokia but I think the future for the company is quite bright.

danramos 2010-06-16 16:41

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by Patroclo (Post 717789)
It's rather strange to see people who are happy about Nokia's financial problems.
If Nokia will close, then you cannot buy Nokia products any more.
Think about it...

I did. I've thought about it often, in fact... and in sincere honesty, it wouldn't make any difference to me. Not one iota of difference.

I wouldn't notice any less support, any less products I want to buy, I wouldn't notice any less lack of parts, any less updates for my N800, etc.

Honestly: I'm not happy but I'm very interested to see whether Nokia will notice if they're going out of business, if it turns out that they are.

colnago 2010-06-16 16:48

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717788)
OMG! CODE! Quick.. anybody here know how to solve puzzles or something??

Long:

- APPL (iPhone 4, iPad enterprise and emerging market demand)
- GLW (Gorilla glass for smartphones, TVs, et al)
- CRUS (iPad)
- MU (picked up on bottom of channel, storage/mem demand)
- PWER (fundamentals, green power)

...enough reasons to be long "some stocks".

danramos 2010-06-16 16:48

Re: Lets talk Nokia stock!
 
To that end, I've already stopped buying Nokia stuff for a long time now. I'm not sure why you made it sound like a terrible thing. Do they not have competitors with better products or something?

Quote:

Originally Posted by colnago (Post 717800)
Long:

- APPL (iPhone 4, iPad enterprise and emerging market demand)
- GLW (Gorilla glass for smartphones, TVs, et al)
- CRUS (iPad)
- MU (picked up on bottom of channel, storage/mem demand)
- PWER (fundamentals, green power)

...enough reasons to be long "some stocks".

Ahh.. okay. :) The context was clearly not enough of a clue for me to get it. hah.. thanks!

bugelrex 2010-06-16 16:51

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by Patroclo (Post 717789)
It's rather strange to see people who are happy about Nokia's financial problems.
If Nokia will close, then you cannot buy Nokia products any more.
Think about it...

The only reason to be happy with it is that Nokia might *finally* start to notice they are on the wrong path and correct it. Start with dumping the CEO

They need to realize its not 2005 anymore, the competition has caught and Nokia needs to lead. Currently their high end products can barely compete (for the majority of consumers)
*currently* Consumers like:
- ease of use, not 5 layers of menus to do one thing
- stable OS and out of the box apps
- touch screen
- slim phone
- great battery life
- decent maps,music,video,facebook apps designed for touch screen
- decent front and back camera.

Name one Nokia phone on the market that meets these requirements

HellFlyer 2010-06-16 16:51

Re: Lets talk Nokia stock!
 
They have but there is a thing called brand loyalty :)

wmarone 2010-06-16 16:51

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717801)
Do they not have competitors with better products or something?

Depends, do you like being forced into contracts and using pseudo-Java OSes? I know you bought an N1, but no one's selling non-user-hostile Android devices these days now that Google gave up.

colnago 2010-06-16 16:51

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717801)
...Ahh.. okay. :) The context was clearly not enough of a clue for me to get it. hah.. thanks!

Just sayin', you got to pick and choose...and timing is everything.

:p

se23 2010-06-16 16:53

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
well nokia reminds me of the old delivery guy at work whos too set in his ways to learn anything! that delivery guy got made redundant 2day! $8 a share mite b a good price but $40 is a lot better. and dnt give that recession crap cos apple is flying

quipper8 2010-06-16 16:54

Re: Lets talk Nokia stock!
 
here is a good read about their strategy

http://www.nokia.com/NOKIA_COM_1/Tec...hite_paper.pdf

wmarone 2010-06-16 16:55

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
OH NO MY N900 SUDDENLY BECAME TERRIBLE!

Seriously, put this in general or in offtopic.


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