Dared is offline Dared
06-19-2012 , 07:37 AM
Posts: 131 | Thanked: 98 times | Joined on Nov 2011
#1571
Originally Posted by Chuck Norris View Post
Great day to be nokia share owner. I'm no longer in for the money but for a chance to vote Stephan "burning platform" Elop out of office. (and the money in a very very very long term )
Do you know how they do the vote? Is there any way possible of getting some of the facts Tomi Ahonen has been putting out there, to the shareholders?

I actually believe that Elop has taken Nokia over the cliff now - even if he is fired i'm not sure how they can regroup - unless they get an absolute visionary like Steve Jobs. But getting Elop out of there would be a start

Then the next step would be to *somehow* get out of the microsoft deal
Last edited by Dared; 06-19-2012 at 07:45 AM.
 
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OVK is offline OVK
06-19-2012 , 08:28 AM
Posts: 378 | Thanked: 505 times | Joined on May 2008 @ Finland
#1572
As I see it, the only thing that could save Nokia would be splitting it. NSN would be sold (preferably in smaller pieces), smartphone division would go to Microsoft and (still profitable, if I have right information) feature phone division would continue to be Nokia.
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Chuck Norris is offline Chuck Norris
06-19-2012 , 08:59 AM
Posts: 516 | Thanked: 1,002 times | Joined on Apr 2010
#1573
Originally Posted by Dared View Post
Do you know how they do the vote? Is there any way possible of getting some of the facts Tomi Ahonen has been putting out there, to the shareholders?

I actually believe that Elop has taken Nokia over the cliff now - even if he is fired i'm not sure how they can regroup - unless they get an absolute visionary like Steve Jobs. But getting Elop out of there would be a start

Then the next step would be to *somehow* get out of the microsoft deal
No, I have never been to a nokia meeting. You get an invitation with lots of info and a paper with all of the board of directors. If you can't participate yourself you can send someone. But I don't have enough shares to make a real impact or make the trip worth it until I get indication that major changes could be done. Selection of board members are always decided by the major shareholder before the meeting. So it's never a real voting or surprises. More like a quick approval process.
 
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automagic68 is offline automagic68
06-19-2012 , 10:58 AM
Posts: 419 | Thanked: 153 times | Joined on Apr 2010 @ San Francisco, CA
#1574
Nokia is gonna need to bring something kinda awesome at Nokia World, either a Lumia with PureView, further maps innovation, or something we won't see coming like how they announced PureView at MWC. If they manage to do all three, then even better! Nokia World can't be a dud!
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Dared is offline Dared
06-19-2012 , 12:22 PM
Posts: 131 | Thanked: 98 times | Joined on Nov 2011
#1575
Originally Posted by Chuck Norris View Post
No, I have never been to a nokia meeting. You get an invitation with lots of info and a paper with all of the board of directors. If you can't participate yourself you can send someone. But I don't have enough shares to make a real impact or make the trip worth it until I get indication that major changes could be done. Selection of board members are always decided by the major shareholder before the meeting. So it's never a real voting or surprises. More like a quick approval process.
It would be good if we could somehow get some of Tomi Ahonen's info to some major shareholders (if they haven't already seen it)
 
szopin is offline szopin
06-19-2012 , 02:21 PM
Posts: 926 | Thanked: 901 times | Joined on Feb 2011
#1576
Sorry if this was posted here before:
http://www.guardian.co.uk/technology...ones-microsoft

Highlights:
Code:
We know Nokia has already borrowed money, about €4.9bn, but we don't know what the small print on those bonds say. Creditors often put conditions (covenants) giving them the option to demand immediate repayment if the debtor's business deteriorates too much.
News to me and quite scary (though no links in the article where they/he knows this fact), thought Nokia had their own savings of around similar sum...

Code:
In the meantime, Nokia chief executive Stephen Elop is "opening the second envelope" – that is, firing members of his exec team, including one who imprudently followed him from Microsoft. Next time, it'll be his turn – and too late to save the company.
Dark humour for Nokia(company) supporters, for anti-Elop crowd great news I guess.
Last edited by szopin; 06-19-2012 at 02:26 PM. Reason: ate two letters
 
Chuck Norris is offline Chuck Norris
06-19-2012 , 02:37 PM
Posts: 516 | Thanked: 1,002 times | Joined on Apr 2010
#1577
Originally Posted by Dared View Post
It would be good if we could somehow get some of Tomi Ahonen's info to some major shareholders (if they haven't already seen it)
I'm sorry to say this. But the major shareholders don't care about Tomi Ahonen.
 
Dared is offline Dared
06-19-2012 , 08:00 PM
Posts: 131 | Thanked: 98 times | Joined on Nov 2011
#1578
Originally Posted by Chuck Norris View Post
I'm sorry to say this. But the major shareholders don't care about Tomi Ahonen.
I'm talking about the info he has - the fact Nokia was growing revenue with symbian etc.

Apart from that - does anyone know what's happening with the court case against Elop? If the people involved are big shareholders from the states, I hardly see them voting for him when the time comes
Last edited by Dared; 06-19-2012 at 08:05 PM.
 
Lumiaman is offline Lumiaman
06-19-2012 , 08:11 PM
Posts: 423 | Thanked: 415 times | Joined on Feb 2012
#1579
NOKIA stock is a great buy. Its doing what it has to do. Symbian is goner, Meego and Maemo were never relevant. So Symbian lost the competition to superior Android and iphone. NOKIA is doing the right thing: focusing on making Taliban phones, where it still enjoys some following, and taking MS as their higher end OS. Whether they survive is unclear, but they have little choice. They took a gamble, and it may payoff or kill them. I tend to be an optimist, as this field of technology is very rapid with innovation. Only time will tell if NOKIA made the right move, but at least they made a move. Prior to Elop, it was business as usual which would have killed them for sure
 
lma is offline lma
06-19-2012 , 08:43 PM
Posts: 2,799 | Thanked: 4,437 times | Joined on Nov 2007
#1580
Originally Posted by danramos View Post
Are shareholders voting soon?
They did last month (minutes). I feel sorry for the collateral damage but the investors deserve everything they got IMO.
 
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