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Keith Robison
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Keith Robison was the founder of the financial advisory firm Guardian Investment Management, a portfolio management company that employed complex equity and fixed income strategies for separately managed accounts. Since 2002 he has worked with various financial companies such as Wachovia... More
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Genius Labs
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  • Nokia Dividend Suspension Is A Positive

    Nokia's (NYSE:NOK) shares were down 8% yesterday mainly as a result of the company's move to suspend the dividend. Nokia's cash position is no secret so at this point in the game, as a shareholder, I would prefer that the company invest in promoting its new products rather than sending me a check from the company's cash flows. In turnaround situations, the initial suspension of dividends is almost always viewed as a negative, however as investors that require a dividend exit the stock and investors that would prefer to invest in a turnaround situation enter the stock, the losses tend to be recovered as long as the recovery continues to move in the right direction.

    Disclosure: I am long NOK.

    Tags: NOK, nokia, lumia
    Jan 25 7:39 AM | Link | Comment!
  • Update: Coinstar And Nokia

    The figures below track the total returns of each stock that I have written articles about based on when the articles were published. Each comparison assumes an equal investment in the S&P 500 (NYSEARCA:SPY) when each article was published.

    (click to enlarge)

    Comment: Coinstar's stock (CSTR) has been negatively impacted by a lack of details on the Verizon (NYSE:VZ) streaming partnership and decreased rentals during Q3 as a result of the Olympics. The Q4 conference call should include partnership details and FY13 guidance. If both disappoint then the stock should be sold.

    (click to enlarge)

    Comment: Nokia's stock (NYSE:NOK) has been positively impacted by strong Lumia 920 sales across the globe, China Mobile news, the launch of the Here maps application and the launch of a low end phone that competes with Android phones in emerging markets. These guys have been busy. Lumia 920 launches in India and China in December 2012 will serve as future positive catalysts to take shares back up to close to $5.

    (click to enlarge)


    -Updates will be posted periodically.

    -If applicable, stock prices have been adjusted to reflect dividend payments.

    Disclosure: I am long NOK, CSTR.

    Dec 09 7:31 PM | Link | Comment!
  • Windows Phone Sales And Nokia Patent Win

    There was some good news released today for Nokia shareholders. First, Microsoft CEO Steve Ballmer announced that Windows phones were selling at a rate "four times greater than autumn last year". This statement bodes especially well for the Lumia 920 given that it is likely the fastest selling Windows phone of the group.

    The second bit of good news came after a judge ruled in favor of Nokia against Blackberry maker RIM in battle over royalties. Essentially RIM is now liable "to pay royalties and damages to Nokia for its ... sales of any subscriber terminals (handsets or tablets) ... compatible with the WLAN standard." The final ruling was issued on November 6th, but just made public today. Unfortunately for RIM all Blackberry devices support WLAN. Analysts have said that RIM may have to pay $3-5 per handset, which could amount to between $700M and $1.2B for Nokia. To ensure that RIM pays, Nokia has filed suit to halt all Blackberry sales in the US, Canada and the UK.

    Disclosure: I am long NOK.

    Nov 28 9:58 PM | Link | 2 Comments
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