Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: absurd100 One star, 50 posts Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 219  
Subject: Re: Do you still believe in Nokia? Date: 10/20/2012 11:55 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Believe in Nokia as a company?
They have smart people, enough cash to do the transformation, profitable businesses (basic phones and Nokia Siemens Networking) and a well-known and trusted brand. It is possible that some day in the future they will succeed.

Believe in Nokia as an investment?
I'd like to refer to my previous analysis of the valuation:
Market valuation has since risen to about 7,9B EUR. At the current price you don't have to pay much or at all for the main business of making handsets, networking equipment and mapping services.

Dividend in 2013?
My guess is that they will pay an annual dividend of 0,1 EUR in 2013 compared to 0,2 EUR per share this year. That would cost them less than 0,4B EUR. Yield for today's price would be 4,75%.

As an investment I believe in Nokia as the current valuation doesn't expect anything from the business.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next


Kiddie Card Board
Should kids have their own credit card?
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Berkshire Hathaway

Berkshire's Golden Year
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.