Nokia (NOK): Q3 EPS of -EUR0.26. Revenue of EUR7.23B (-19.3% Y/Y). (PR)


Nokia (NOK): Q3 EPS of -EUR0.26. Revenue of EUR7.23B (-19.3% Y/Y). (PR)
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Comments (12)
  • P.Jakubovs
    , contributor
    Comments (12) | Send Message
     
    I believe it is -0.26 EUR not USD...
    Still NSN is profitable, total number of mobile phones up and as much expected number of smartphones is ugly.

     

    Want to buy Nok, but not at current levels...
    18 Oct 2012, 07:09 AM Reply Like
  • 50000
    , contributor
    Comments (104) | Send Message
     
    At what level are you expecting to buy? You might have missed that boat sorry. These levels are still very cheap, under book value with now confirmed zero risk of bankruptcy. Suggest you get at least a small holding and increase if it goes down but you have limited opportunity as the 920 will be out in 2 weeks.

     

    It will NOT go back to $2, not unless Elop gets ousted (I'll dump my shares if that happens).
    18 Oct 2012, 08:58 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (11169) | Send Message
     
    Can't wait for the tidal wave of excuses from Nokia apologists THIS time!

     

    Every tragic earnings report brings out the wave of excuses about how its "not really that bad" and "just wait until next quarter".

     

    Its always things will be great in "the future" with Nokia.

     

    Meanwhile there are great investments returning good money for their investors NOW. RSE, IMH, ANR and CLWR, just to name a few.

     

    What has AAPL returned over the last 4 quarters versus Nokia? Oh, I forgot...Apple is just a "fad".

     

    O.K., let's hear those excuses for Nokia's continued collapse:

     

    GO!
    18 Oct 2012, 07:11 AM Reply Like
  • lakofsth
    , contributor
    Comments (96) | Send Message
     
    Sorry, collapse?
    "920 pre-orders sold out"
    "operating profit (non-IFRS) of €78M"

     

    What is your incentive for posting here, DVL?
    18 Oct 2012, 07:51 AM Reply Like
  • godalmightee13
    , contributor
    Comments (620) | Send Message
     
    Why are you surprised DVL by the results it was on the cards from QTR 2 so 2013 is when I expect to see evidence of improving numbers sales etc, and at what I paid for the stock in NOK I am ahead nicely at present :) - so I can't complain.

     

    We will see once the new ranges of W8 Lumia's have been out a few months. all fun I say :).

     

    DVL- 'Every tragic earnings report brings out the wave of excuses about how its "not really that bad" and "just wait until next quarter".
    Its always things will be great in "the future" with Nokia,
    < Well that's the investing game ;-). patients is a virtue so they say' as long as I make some money out of it i don't really care lol :-/ - outragous - smile :-D
    18 Oct 2012, 09:09 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (11169) | Send Message
     
    Why do people hate it when someone points out the ugly truth about their terrible investment?

     

    It isn't my fault that Elop is a flat-out bad manager or that Nokia continues to burn huge amounts of cash while overseeing declining margins and revenues.
    18 Oct 2012, 10:51 AM Reply Like
  • lakofsth
    , contributor
    Comments (96) | Send Message
     
    DVL, what is your incentive for posting here?
    18 Oct 2012, 11:00 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (11169) | Send Message
     
    My incentive is to provide unbiased, cold hard facts about a failing corporation against the hype.

     

    Most others are here to cheer-lead. I provide balance. I did it when Nokia was above $4 and, hopefully, those who listened to me got out before they lost half of their money.

     

    Comment history proves that many, many Nokia cheerleaders on this board are people who bought in above $4 and sometimes $5 per share and are quite desperate.

     

    When your investment goes against you, SELL!!!

     

    You can always buy back at a lower price if you think that the problems are temporary.

     

    What was Nokia's stock price the day Elop took command?
    19 Oct 2012, 01:32 AM Reply Like
  • lakofsth
    , contributor
    Comments (96) | Send Message
     
    So a form of 20/20 hindsight investing - quite contrary to the claimed attributes in your profile. And bias - well... that's an exercise for the unbiased reader.
    19 Oct 2012, 02:10 AM Reply Like
  • godalmightee13
    , contributor
    Comments (620) | Send Message
     
    Well that's what happens in company's that are trying to turn around and distressed DVL ''it gets ugly''.

     

    For me, I am willing to take some pain for a long term gain. as I feel there is enough potential in NOK for a big gain in the long term that's what I am investing in at present and so are others I expect.

     

    You may have to move onto another cash cow to short DVL good luck any way with that.
    18 Oct 2012, 11:06 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (11169) | Send Message
     
    Turnarounds aren't perpetual. Nokia has been "turning around" for over TWELVE quarters!

     

    I remember a couple of years ago when commenters were saying that Idearc was "turning around" from being an old-school phone book maker to a web based phone directory. That did not end well.

     

    Nokia had their golden opportunity...it was called Android in 2009.

     

    You guys BETTER hope that Windows 8 (and subsequently Windows Phone 8) is the most shocking surprise success story in the history of industry...

     

    If it is not then what are you going to do?
    19 Oct 2012, 01:35 AM Reply Like
  • godalmightee13
    , contributor
    Comments (620) | Send Message
     
    We all have a choice DVL an don't need saving,, and my view is NOK have the potential to be a good investment and that's my view as I am looking ahead. that's the fun of investing for me not really in for the short game, an okay if it does not work out move on. NEXT'.

     

    And by the way I could say the same about aw lets see Acorn in the 90's aka (Apple) + (Arm) both did well and turned not a lot into a very LOT for me - happy investing ;-).
    19 Oct 2012, 07:47 AM Reply Like
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