"the profit generated at worst would be €255 billion, at best € 511 billion."
The above mentioned numbers exceed the market cap of almost all publicly traded companies and are usually talked about when the U.S. government is spending and taxing. I think you need to re-visit your numbers.
Analysts Start Attacking Nokia Again [View article]
Most sell side analysts are not very good stock pickers and certainly not traders (their primary focus is to help pitch investment banking deals/services). Also, to support your observation that bankrupcty is off the table, Nokia's bonds are now trading in the $90s up from the $70s six months ago.
Nokia is consolidating the recent move in a trading band of ~$3.50-$3.90. I would be surprised if the stock trades below $3.00 (maybe a major market selloff would get it there) given that sales of the Lumia WP8 phones are going well and more carriers are adding these phones. I wouldn't be surprised if the price gets a $4.00 handle before yearend and back over the $5.00 level next year when sales data likely confirms what many find hard to believe, that the WP8 phones will be a growing part of the smartphone mix going forward.
Nokia: Is The Lumia 920 Selling Well, Or Encountering Supply Issues? [View article]
I went into a new Microsoft store over the weekend. Very good crowds and I asked a rep if they had the Nokia 920 lumia in stock and was told they did. Also, he mentioned three people bought the 920 earlier and had switched form their IPhones.
I believe this phone is selling well and will continue to gain traction and sales will increase. The amount of advertising for WP8 by AT&T, T Mobile, Verizon, HTC, Nokia is huge (the advertising on the lumia 900 last spring was almost non-existent) and on multiple cable channels as well as the networks' primetime broadcasts of the NFL and other major sports broadcasts.
The marketing behind WP8 will help increase market share in smartphones for the Windows operating system, I don't see how this can't help Nokia regain their footing in this growing segment of the total mobile phone market.
Initial reports of sellouts for Nokia's (NOK) Windows Phone 8 Lumia hardware are "misleading," thinks Deutsche's Kai Korschelt, since they have much to do with supply issues. "Anecdotal evidence suggests that many stores have only received 5-20 devices/store with wider carrier distribution delayed in some countries," Korschelt writes, while speculating 28nm chip shortages are to blame. He also claims U.K. retail survey and Google search interest data for the Lumia line is underwhelming. (Raymond James) [View news story]
Goldman reminds me of the old S.G. Warburg in London they always seemed to have their analysts recommend or pan stocks that suited their trading positions.
Look at Goldman's recent downgrade of CLF, it seems they are very late to the sell recommendation, but are attempting to drive the stock down another 10% to establish a very attractive entry point for themselves if they get any institutions to dump stock.
Silver miners (SIL -0.6%) are struggling with low prices, as evidenced by Q3 results from Hecla Mining (HL -4.8%) and Coeur d'Alene (CDE -18.8%), where prices were down 23% and 5.5% Y/Y respectively; a 14% drop was blamed for falling revenues and profits at Silver Wheaton (SLW -0.5%). Pan American Silver (PAAS -2.3%) is scheduled to report Thursday. [View news story]
Hecla silver production +19% to 1.6mil ozs, with costs at $3.52 per oz and Lucky Friday mine still out with return expected Q1 next year. Somehow this doesn't look like a struggle. Stock down with a so called earning miss, but revenues beat and production will bounce back next year with return of Lucky Friday mine. HL no debt pays small divi based on silver price, today looks like a buying opportunity.
Shh! Analysts Are Quietly Upgrading Nokia [View article]
NOK volume fairly light (avg 3 month vol ~57mil) and lower price likely residual selling from arbs setting up spread against convertible bond issue this week. Also, the fact that they issued eur 750mil in convertible bonds shows they access to capital and not heading to a BK anytime soon, hence the change in sentiment from analysts.
Is Alcoa's Report Bullish Or Bearish? [View article]
It seems like most of the negative scenario is priced into AA. The current CEO Klaus Kleinfeld (was a former CEO of Siemens) is cutting costs and focusing on growth areas (downstream and midstream) and recognizes the slower global growth environment.
I believe the current price presents more upside than downside (decent risk/reward metrics) for longer term investors, although it doesn't mean you won't get the opportunity to buy AA cheaper if the overall market corrects over the next six months to a year.
Bank Of America Rallying On Strong Balance Sheet: The Road Ahead From Here [View article]
The recent Fed announcement that they will buy $40.0bil a month in agency paper should minimize any negative impact of put backs by the agencies to BAC. BAC should be able to sell these loans/bonds to the Fed if they are forced to buy back the paper from the agencies, although prices will determine any P&L impact. QE3 is a continuation of support for the U.S. banks, another reason BAC rallied back toward $10.00.
I also believe the Fed action is back door way of helping the ECB with the European bank bailout (still a major risk for global banking given derivative exposure) since any agency paper held by European banks can be used as collateral at the ECB and/or be sold to the Fed as a way to offset their own QE efforts (something that will please Germany). Once Europe reaches an agreement to back stop their banking system (still waiting for a pan Euro Banking Authority to be created) a further rally in the large U.S. banks wouldn't be a surprise and may take BAC back to the low double digits.
Headwaters: A Turnaround Play Worth A Look For Long-Term Investors [View article]
I have followed HW for years and this company always seems to find funding when they need it. Also, they did a share secondary a few years ago (see below / likely why the stock had a problem moving away for the $4.00-$4.50 range in March through July), so another secondary wouldn't be a surprise and if the fundamentals contiune to improve the impact on price would likely be temporary.
9,600,000 Shares of our Common Stock
We are offering directly to selected investors 9,600,000 shares of our common stock pursuant to this prospectus supplement and the accompanying prospectus. The common stock is being offered at a per share purchase price of $3.90.
Our common stock is listed on the New York Stock Exchange under the symbol “HW.” The last reported sale price of our common stock on the New York Stock Exchange on September 16, 2009 was $4.44 per share.
We are offering these shares of common stock on a best efforts basis to certain institutional investors. We have retained Canaccord Adams Inc. as our lead placement agent and Stephens Inc. and Avondale Partners, LLC as our co-placement agents in connection with this offering.
Nordic American Tanker (NAT -1.4%) acquires the remaining 50% shareholding interest in Orion Tanker Pool from Frontline (FRO -9.1%), effective January, 2013. Once the transaction closes, Orion will become a 100% subsidiary of NAT. FRO's nine suezmax vessels will leave Orion later this year after the shipper advised NAT that it wishes to be more flexible in the operation of its vessels. [View news story]
NAT already announced an analyst call for 9/25, should be interesting to hear what they say about why they are buying out FRO. It seems NAT may be reverting (recent Exxon Mobil charter deal) to what they were originally created for, a fleet of tankers transporting BP oil.
A question for the call; What will the these charters bring in steady cash flow (as well as duration since rates will likely be locked) at the expense upside (and downside) to spot rates? Is FRO leaving since they expect better spot rates? FRO is still controlled by John Frederickson, who is one the more knowledgeable players in the shipping/energy industry.
Nokia - Expect Some Turbulence Before Takeoff [View article]
Nokia's selloff is overdone and the absence of the price and availability is what apparently disappointed the "professionals". NOK will recover when sales of these phones begin. According to all the media types on bubblevision/CNBC Nokia is finished and Apple and Samsung will dominate. It is easy to state the obvious and extrapolate the current trend.
However, as mentioned in this article and other reviews, the new WP8 phones by Nokia have certain features that consumers will like. Also, Nokia continues to produce quality products that function well and are durable. It is now up to marketing/advertising these phones by Microsoft, Nokia and the carriers (AT&T, Verizon and T-Mobile) who want WP as a third ecosystem. Raising U.S. consumer awareness of these phones is key to building market share in a growing market and doesn't require the so called knockout gamechanger phone that Nokia bears like to use as an excuse to pressure the stock.
How Nokia/Microsoft Blundered Today's Lumia Launch [View article]
Good article, ultimately the consumer decides and that the bet on NOK is/was always dependent on WP8. Quick success in these new phones the stock soars (a release date would be helpful, maybe that is this Friday as mentioned above), slow sales (looks like the perception today) and stocks stays in the $2.00-$3.00 range as chatter still talks about Nokia's demise, failure, etc..
I believe Nokia will survive and sales will be okay, although NOK/MSFT will need to do more advertising along with AT&T as well as Verizon to create more consumer awareness of these new products.
Nokia (NOK -10.3%) continues to bleed as its Lumia 920 unveiling fails to impress; shares are now down 24% from their Aug. 27 highs. In addition to disappointment over the specs for the 920's PureView camera, the Street might not like the fact Nokia is only promising the phone will be available in "select markets" in Q4 (no date is provided). All signs point to the iPhone 5 going on sale on or around Sep. 21. Nokia also declined to make any promises about tablet releases. (live blog) [View news story]
NOK, Classic buy the anticipation and sell the news. Hopefully Q4 means next month.
Peabody is very interesting as a long term investment in coal, the stocks seems to have bottomed in the low $20's. Revenues are almost equally split between international and domestic. They also have a large Met coal percentage of sales and no exposure to high cost Appalachian coal, with most of their production in the U.S. coming form the PRB out west. They still need to digest the Australian acquisition of Macarthur Coal, which in hindsight was expensive.
CLF is interesting, although it seems it may have to go lower before a bottom is in (similar to BTU). CLF in the $20's will be worth a look for long term investors.
Nokia Is A Win-Win for Investors [View article]
The above mentioned numbers exceed the market cap of almost all publicly traded companies and are usually talked about when the U.S. government is spending and taxing. I think you need to re-visit your numbers.
Analysts Start Attacking Nokia Again [View article]
Nokia is consolidating the recent move in a trading band of ~$3.50-$3.90. I would be surprised if the stock trades below $3.00 (maybe a major market selloff would get it there) given that sales of the Lumia WP8 phones are going well and more carriers are adding these phones. I wouldn't be surprised if the price gets a $4.00 handle before yearend and back over the $5.00 level next year when sales data likely confirms what many find hard to believe, that the WP8 phones will be a growing part of the smartphone mix going forward.
Nokia: Is The Lumia 920 Selling Well, Or Encountering Supply Issues? [View article]
I believe this phone is selling well and will continue to gain traction and sales will increase. The amount of advertising for WP8 by AT&T, T Mobile, Verizon, HTC, Nokia is huge (the advertising on the lumia 900 last spring was almost non-existent) and on multiple cable channels as well as the networks' primetime broadcasts of the NFL and other major sports broadcasts.
The marketing behind WP8 will help increase market share in smartphones for the Windows operating system, I don't see how this can't help Nokia regain their footing in this growing segment of the total mobile phone market.
Initial reports of sellouts for Nokia's (NOK) Windows Phone 8 Lumia hardware are "misleading," thinks Deutsche's Kai Korschelt, since they have much to do with supply issues. "Anecdotal evidence suggests that many stores have only received 5-20 devices/store with wider carrier distribution delayed in some countries," Korschelt writes, while speculating 28nm chip shortages are to blame. He also claims U.K. retail survey and Google search interest data for the Lumia line is underwhelming. (Raymond James) [View news story]
Look at Goldman's recent downgrade of CLF, it seems they are very late to the sell recommendation, but are attempting to drive the stock down another 10% to establish a very attractive entry point for themselves if they get any institutions to dump stock.
Silver miners (SIL -0.6%) are struggling with low prices, as evidenced by Q3 results from Hecla Mining (HL -4.8%) and Coeur d'Alene (CDE -18.8%), where prices were down 23% and 5.5% Y/Y respectively; a 14% drop was blamed for falling revenues and profits at Silver Wheaton (SLW -0.5%). Pan American Silver (PAAS -2.3%) is scheduled to report Thursday. [View news story]
Shh! Analysts Are Quietly Upgrading Nokia [View article]
Is Alcoa's Report Bullish Or Bearish? [View article]
I believe the current price presents more upside than downside (decent risk/reward metrics) for longer term investors, although it doesn't mean you won't get the opportunity to buy AA cheaper if the overall market corrects over the next six months to a year.
Why Headwaters Is Not A Turnaround Situation Play [View article]
Bank Of America Rallying On Strong Balance Sheet: The Road Ahead From Here [View article]
I also believe the Fed action is back door way of helping the ECB with the European bank bailout (still a major risk for global banking given derivative exposure) since any agency paper held by European banks can be used as collateral at the ECB and/or be sold to the Fed as a way to offset their own QE efforts (something that will please Germany). Once Europe reaches an agreement to back stop their banking system (still waiting for a pan Euro Banking Authority to be created) a further rally in the large U.S. banks wouldn't be a surprise and may take BAC back to the low double digits.
Headwaters: A Turnaround Play Worth A Look For Long-Term Investors [View article]
9,600,000 Shares of our Common Stock
We are offering directly to selected investors 9,600,000 shares of our common stock pursuant to this prospectus supplement and the accompanying prospectus. The common stock is being offered at a per share purchase price of $3.90.
Our common stock is listed on the New York Stock Exchange under the symbol “HW.” The last reported sale price of our common stock on the New York Stock Exchange on September 16, 2009 was $4.44 per share.
We are offering these shares of common stock on a best efforts basis to certain institutional investors. We have retained Canaccord Adams Inc. as our lead placement agent and Stephens Inc. and Avondale Partners, LLC as our co-placement agents in connection with this offering.
Nordic American Tanker (NAT -1.4%) acquires the remaining 50% shareholding interest in Orion Tanker Pool from Frontline (FRO -9.1%), effective January, 2013. Once the transaction closes, Orion will become a 100% subsidiary of NAT. FRO's nine suezmax vessels will leave Orion later this year after the shipper advised NAT that it wishes to be more flexible in the operation of its vessels. [View news story]
A question for the call; What will the these charters bring in steady cash flow (as well as duration since rates will likely be locked) at the expense upside (and downside) to spot rates? Is FRO leaving since they expect better spot rates? FRO is still controlled by John Frederickson, who is one the more knowledgeable players in the shipping/energy industry.
Nokia - Expect Some Turbulence Before Takeoff [View article]
However, as mentioned in this article and other reviews, the new WP8 phones by Nokia have certain features that consumers will like. Also, Nokia continues to produce quality products that function well and are durable. It is now up to marketing/advertising these phones by Microsoft, Nokia and the carriers (AT&T, Verizon and T-Mobile) who want WP as a third ecosystem. Raising U.S. consumer awareness of these phones is key to building market share in a growing market and doesn't require the so called knockout gamechanger phone that Nokia bears like to use as an excuse to pressure the stock.
How Nokia/Microsoft Blundered Today's Lumia Launch [View article]
I believe Nokia will survive and sales will be okay, although NOK/MSFT will need to do more advertising along with AT&T as well as Verizon to create more consumer awareness of these new products.
Nokia (NOK -10.3%) continues to bleed as its Lumia 920 unveiling fails to impress; shares are now down 24% from their Aug. 27 highs. In addition to disappointment over the specs for the 920's PureView camera, the Street might not like the fact Nokia is only promising the phone will be available in "select markets" in Q4 (no date is provided). All signs point to the iPhone 5 going on sale on or around Sep. 21. Nokia also declined to make any promises about tablet releases. (live blog) [View news story]
5 Commodity Stocks Moving On News [View article]
CLF is interesting, although it seems it may have to go lower before a bottom is in (similar to BTU). CLF in the $20's will be worth a look for long term investors.