NOK - Nokia Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 5, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    Nokia Corporation (Finnish: Nokia Oyj, Finnish pronunciation: [ˈnokiɑ], UK /ˈnɒkiə/, US /ˈnoʊkiə/) is a Finnish multinational communications andinformation technology company, founded in 1865. Nokia is headquartered in Espoo, Uusimaa, in the greater Helsinki metropolitan area. In 2014, Nokia employed 61,656 people across 120 countries, conducts sales in more than 150 countries and reported annual revenues of around €12.73 billion. Nokia is a public limited-liability company listed on the Helsinki Stock Exchange and New York Stock Exchange. It is the world's 274th-largest company measured by 2013 revenues according to the Fortune Global 500. The company is a component of theEuro Stoxx 50 stock market index.

    The company currently focuses on large-scale telecommunications infrastructures, and technology development and licensing. Nokia is also a major contributor to the mobile telephony industry, having assisted in development of the GSM and LTE standards, and was, for a period, the largest vendor of mobile phones in the world. Nokia's dominance also extended into the smartphone industry through its Symbian platform, but it was soon overshadowed by the growing dominance of Apple's iPhone line and Android devices. Nokia eventually entered into a pact withMicrosoft in 2011 to exclusively use its Windows Phone platform on future smartphones.

    In September 2013, Microsoft announced that it would acquire Nokia's mobile phone business as part of an overall deal totaling €5.44 billion (US $7.17 billion). Stephen Elop, Nokia's former CEO, and several other executives joined the new Microsoft Mobile subsidiary of Microsoft as part of the deal, which was completed on April 25, 2014. Since the sale of its mobile phone business, Nokia began to focus more extensively on its telecommunications infrastructure business, marked by the divestiture of its Here Maps division.

    In January 2016, Nokia acquired French telecommunications company Alcatel-Lucent to grow their innovation, network equipment, wireless technology and services.
     
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  2. T0rm3nted

    T0rm3nted Moderator
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    Reported before open today (5/10/16)
    Earnings: EPS €0.03 Revenue €5.6 billion
    Estimates: EPS €0.03 Revenue $6.3 billion

    Down 6.84% today
     
  3. T0rm3nted

    T0rm3nted Moderator
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  4. T0rm3nted

    T0rm3nted Moderator
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    Analyst Upgrade/Downgrade Update

    Brokerage firm:
    BofA/Merrill
    Change: Downgrade
    Previous Rating: Buy
    Current Rating: Neutral
    Previous Price Target: N/A
    Current Price Target: N/A
     
  5. Z0da

    Z0da Member

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    Has anyone checked out Nokia lately? Been hearing good things for 2017 but haven't had a chance to do any DD
     
  6. fidelgeorge

    fidelgeorge Well-Known Member

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    Nokia (NOK) announced changes in its organizational structure, including the separation of its current Mobile Networks business group into two distinct organizations.
     
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  7. Charles Noble

    Charles Noble Well-Known Member

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    I think we need a week or two more of consolidation before the next leg higher. Could push 7 heading into ER and 8 post if favorable.
     
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  8. fidelgeorge

    fidelgeorge Well-Known Member

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    Back in today, will be adding until the Nokia 6 launch! This phone will change the industry, Apple and Samsung have been gouging!
     
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  9. Charles Noble

    Charles Noble Well-Known Member

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    Climb climb climb climb!!!!!! Climb all the way to earning and continue to climb after earnings! Hopefully $8 in 2 months time.
     
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  10. Jack Levy

    Jack Levy Well-Known Member

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    The only thing I can say about it is that slow and steady usually keep its gains. Hope some news pops up to move it along some more.
     
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  11. Jack Levy

    Jack Levy Well-Known Member

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    I feel like this stock won't move until 5G gets closer and NOK buys back a significant number of shares. In the meantime, accumulate.
     
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  12. Stockaholic

    Stockaholic Content Manager

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    NOK getting hit pretty good here. back to Feb. levels.

    Shrinking network equipment market hits Nokia
    HELSINKI/LONDON (Reuters) - Nokia reported a sharp drop in quarterly earnings at its main telecom network gear business on Thursday, warning the market had turned more challenging due to tough competition in China and consolidation among wireless carriers.

    Shares in the Finnish company dropped as much as 16 percent after it forecast the market, where it competes with China's Huawei and Sweden's Ericsson, would fall for a third straight year in 2018.

    Read More Here: https://finance.yahoo.com/news/nokia-posts-profit-growth-back-052519706.html
     
  13. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    NOK is in one big coil dating back to 2012.

    Monthly HLC bars:

    upload_2018-12-25_23-9-56.png
     
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  14. StockJock-e

    StockJock-e Brew Master
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    Breaking down below support on the daily
     
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  15. A55

    A55 Well-Known Member

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    It looks like Nokia could be on track to redemption. I recall back in 2000; I had a Nokia phone. My gut reaction back then, was that the fad couldn't last. That phone, with a Rubik's Cube and Tamagotchi pet, is probably still in my basement. Nokia's current production of 5G equipment won't lead the market. But it will have a percentage of marketshare. And it will make a profit while positioning Nokia to be a part of whatever comes after. Screenshot_20200802-223530_kindlephoto-1027339525.png Screenshot_20200802-223028_kindlephoto-1027293702.png Screenshot_20200802-223751_kindlephoto-1027407851.png Screenshot_20200802-223844_kindlephoto-1027438805.png
     
  16. A55

    A55 Well-Known Member

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    Screenshot_20200802-231107_kindlephoto-1029422734.png Screenshot_20200802-231239.png Screenshot_20200802-231400.png Screenshot_20200802-230606.png Screenshot_20200802-230528.png
     
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  17. A55

    A55 Well-Known Member

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    Nokia got past $5 this morning. No longer a penny stock.
    Screenshot_20200803-074053_kindlephoto-1054069509.png Screenshot_20200705-215230.png
     
  18. A55

    A55 Well-Known Member

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  19. TomB16

    TomB16 Well-Known Member

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    My opinion, for what it's worth....

    Nokia is a multi-headed monster. Parts of the company are well run, strong business units. In particular, the network component is really strong and they have good cellular infrastructure equipment.

    Other parts of the company are a total clown show, even today, still reeling from the era when they shifted from a bad environment to something outright evil when Microsoft rolled in like an 800# gorilla and ruined the company.

    So many people worship at Ballmer's feet but I think he is a horses ass and was not an above average businessman.
     
  20. TomB16

    TomB16 Well-Known Member

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    Nokia took their time integrating ALU and, IMO, did a decent job of it. It isn't fully integrated, even today. The optical multiplexing side, a staple of large, high bandwidth, networks, continues to be a unicorn business unit that has value. I praise them for being light handed when dealing with this critical infrastructure piece and I'm confident they will do a decent job of moving forward with this.


    Nokia is a company that I know about as well as any company and yet haven't considered investing in. That is just an oversight, on my part.

    This thread has made me realize I need to consider investing in Nokia. I don't know if I will do it, analysis needs to be done, but it's a thought.

    This is a great example of a company I would never have gotten around to thinking about, were it not for Stockaholics. Thank you, T0rm3nted. :cool2:
     
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