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Now that Nokia Siemens (NOK, SI) is once more growing and profitable, many believe its owners...

Now that Nokia Siemens (NOK, SI) is once more growing and profitable, many believe its owners have a chance to sell or publicly list the 50/50 telecom equipment JV, rather than be forced to sell off its core assets at a discount. Some analysts think NSN could easily be worth more than €5B ($6.67B).
Comments (13)
  • jimdart
    , contributor
    Comments (134) | Send Message
     
    6.67B , Nokias market cap today is 17.6
    11 Jan 2013, 07:14 PM Reply Like
  • SellHighBuyLower
    , contributor
    Comments (16) | Send Message
     
    So? Dont understand your statement. Guess the 6.67B we are talking about is that Telco equip JV unit, which is a part of Nokia, nice that things are doing well there. I am confused by this Nokia-Siemens naming.

     

    Stock is rallying, more upgrades to come. I am still long, sold 25% of my positions in Stock and call Options.
    Air is getting thinner, we had a lot of positive news lately ' a lot of triggers, short covering also going on. Will hold at least 50% of my position the next 6 months ... here and there cashing in, writing options, vola is quite appealing now.

     

    So funny to see all these analysts changing their mind now, while 6 months ago everybody was thinking of the worst ...

     

    Perfect example of a turnaround in a quick changing market and a too low priced shareprice because of ignorance by a big crowd of "equityinvestors" .

     

    I am long NOK and NOK Calls.
    11 Jan 2013, 07:35 PM Reply Like
  • showmethemoneypr
    , contributor
    Comments (282) | Send Message
     
    Ericsson (ERIC) has a Market Capitalization of $33 Billion with Revenues of $33 Billion. Based on such valuation, since NSN's Revenues are approximately $30 Billion, the value of the 50% interest of NOK should be approximately $15 Billion.
    12 Jan 2013, 11:21 AM Reply Like
  • Matt-Man
    , contributor
    Comments (556) | Send Message
     
    NSN is owned 50/50 by Nokia and Siemens so Nokia share is only 3.33B$, but that valuation is quite low, my guess is >10b$ for total NSN if value is guided by peer valuation.
    12 Jan 2013, 02:03 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8692) | Send Message
     
    $15 billion is a little low. How much could Nokia get if it sold out to Cisco?
    13 Jan 2013, 03:45 PM Reply Like
  • Sal Marvasti
    , contributor
    Comments (1364) | Send Message
     
    Not sure selling is the best thing. How about optimizing Nokia handsets for Nokia basestations?
    I have seen research that shows some algorithms which can reduce power usage.
    12 Jan 2013, 02:18 AM Reply Like
  • shangjeen
    , contributor
    Comments (337) | Send Message
     
    Sal, they can (I did my Engineering MSc Thesis on this way back in early 00s), however, note that many Telcos operate equipment from a patchwork of suppliers.

     

    A typical large GSM/UMTS/LTE operator like, say, AT&T probably has equipment from Ericsson, NSN, Huawei and a number of others, not to mention some legacy stuff. An engineer who is a personal friend that works with a major US telco once mentioned that his company was still using some Siemens (pre-NSN-merger) equipment right up til 2009, when they were replaced with LTE-era Huaweis.
    12 Jan 2013, 08:26 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (8692) | Send Message
     
    Nokia should buy ALL of it so they don't have to share profits.
    12 Jan 2013, 10:11 AM Reply Like
  • dave737
    , contributor
    Comments (47) | Send Message
     
    Sellhighbuylow, I enjoyed your comments, I'm considering taking a call position but have not looked at the numbers for NOK as to their recent history . How are the premiums doing now with the latest news and volatility? Is there a pretty fair spread in and out? Last,which option service do you use or recommend? Thanks,

     

    Dave
    12 Jan 2013, 10:24 AM Reply Like
  • LumiaMan
    , contributor
    Comments (324) | Send Message
     
    what happend to our shares of NOK, if it is sold?
    12 Jan 2013, 01:47 PM Reply Like
  • Seppo Sahrakorpi
    , contributor
    Comments (1972) | Send Message
     
    Nokia has 4 out of 7 board members, so presumably they would have the final say.

     

    Interestingly, the joint venture was a 6-year deal, starting 2007 .i.e. up for renewal in 2013! http://bit.ly/UH1lXA
    12 Jan 2013, 02:10 PM Reply Like
  • kontizasg
    , contributor
    Comments (4) | Send Message
     
    When Nokia's stock price hits 5$ the mutual funds will start buing and the price will rise to 13$ a share within 3months .The hard times are over for Nokia.
    13 Jan 2013, 03:45 PM Reply Like
  • godalmightee13
    , contributor
    Comments (527) | Send Message
     
    Just the thought I've had in mind since my interest in NOK. I do think NSN JV will be hived off by sale or a listing. Then Microsoft may purchase the maps an phone business. :)
    15 Jan 2013, 12:05 PM Reply Like
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