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sreimer77

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  • Citigroup, Other Banks Too Cheap To Ignore [View article]
    Do you have access to information that we don't have? Paulson and friends latest disclosures were for Q2. Paulson is a major investor in Bofa as well. He has his own issues, but I wouldn't be surprised go see them buying when Q3 holdings are released.
    Sep 5 08:48 AM | Likes Like |Link to Comment
  • An international research team that includes Nokia (NOK), Toshiba and university scientists are set to introduce a breakthrough quantum chip at the British Science Festival, which starts tomorrow. The chip will facilitate mobile phones that are far more secure and ultra-fast computers. The component is made from silicon and works on light: in theory, 100 photons could solve trillions of equations simultaneously. [View news story]
    I agree. I'm waiting for Verizon to offer W8 and will be buying what I hope is a new Lumia phone with the pureview technology. Apple's margins are going to get squeezed and once the pressure builds, we will start to see analysts reduce forward estimates. When this happens, the once almighty Apple will begin to fall. Giving Apple is now worth 623Billion, it could drive the index's down even while the many companies, specifically cyclicals begin to rise! Over the past year, Apple's gain's in terms of market cap has been the primary reason for gains within the S&P 500 and Nasdaq. BAC, CITI and Morgan Stanley could of vanished from existence, yet the S&P would of still shown a gain!
    Sep 4 08:51 AM | Likes Like |Link to Comment
  • Fitch revises its outlook on Johnson Controls (JCI +0.5%) to Negative from Stable with the firm's negative cash flow a particular focus. The ratings agency warns increasing pricing pressure from customers in the automotive experience business could set off a further downgrade. [View news story]
    How is $765 Million in Net Cash flow from Operations for Q2 considered negative? Please almighty Fitch, explain yourself as to where you get your #'s!
    Aug 31 12:27 PM | Likes Like |Link to Comment
  • Why Investors Should Exercise Caution On Vale [View article]
    Maybe your not short Vale, but I'd bet your short Brazil. Short interest on the Index is now at 21.15%, it was at 27% just last month. Short interest on the index (EWZ) reached peaked of around 23% in late 2008/early 2009. We broke that level in June! Short interest began declining in March 09 and eventually bottomed out at 7%. During which the index doubled with Vale going up 150% during the same period. Vale has a 10% or so weighting in this and most Brazilian index funds, along with Petrobas. So its very easy to be short with directly shorting the stock. When this began to occur, China, the US and World was still in a Depression. It occurred prior to the rebound in economic activity. So you can wait till that rebound occurs, or buy now as 1 and of 4 shares of EWZ is shorted, and when they cover it will bring up Vale and Petrobas.

    The Worlds population is growing exponentially and with that so has the demand for Natural Resources. If it is not China, then we can look to Frontier markets such as Africa. Though India and China are no where near being completely modernized and they will still require another decade to bring their entire countries into the modern world.
    Aug 31 11:13 AM | 1 Like Like |Link to Comment
  • Iron Ore And Vale - Looking For A Potential Turning Point [View article]
    Let it stay below $100, then all of Vales competitors who produce lower quality grades at higher costs will go out of business. The industry will see consolidation as all and the giants will become that much bigger when prices rebound. Lets see, if Iron Ore goes back to $180, Vale will be earning close to $30 Billion a year and will be sporting a P/E around 2.5. So the stock could easily quadruple (P/E of 10) in the next few years with any rebound in Iron Ore prices.
    Aug 30 09:04 PM | 1 Like Like |Link to Comment
  • Why Investors Should Exercise Caution On Vale [View article]
    "When calculating these valuations, I have only taken into account a limited range of assumptions regarding Vale's operating environment."
    You sure did. You left out their hefty cash position. The fact that Natural resources are cyclical and we are at/close to the bottom as the market has been held up strickly by non-cyclicals, just about every cyclical stock is at or breaking multi-year lows (Alcoa, US Steel etc etc etc). Pick any material stock and they are trading at multi-year lows, below book values (Vale is at book and are still wildly profitable even with the pessimistic estimate). You forgot to mention the last time Iron Ore prices were this low, they rallied along with Vale. Vale went from $15 (October/November 2008) to to over $35. The fact that Vale and Brazil is trading at a significant discount to its peer's, while being operational more efficient.

    While we do not know the future, analyst estimates are still well above $3 for the next few years. These estimates already have been reduced significantly (over 25%) as they were over $4 a share 6-months ago. At this rate, Vale will still earn $15 Billion a year. Vale dividend yield will remain in tact as the pay-out ratio is $1.05 or about 33% and as you mentioned, they are required to pay out at least 25%. As with the refiners (closed refineries), supply will come off the market and Iron ore prices will stabilize. We are already hearing about China ceasing production, BHP delaying projects and we'll continue to hear this. We will probably see this sooner then later as Vale and Iron Ore prices have dropped 25% in a few weeks.

    So you can sell now and that would be like selling in December of 2008 prior to Vales doubling in value. Or you can buy when others are most fearful! Iron Ore prices and Sovereign debt yields have both reached such extremes. Seriously, negative yields in Austria, zero yields in Germany and negative inflation adjusted here in the US. Do you think this will continue?

    It's funny how you can write an article casting doubt on a company when it has breached it's multi-year low. What is your bias?

    China is still growing 7.5%. Since inflation is of no issue, if it were Iron Ore and Vale would be much higher, we can expect to see further stimulus which of course as any educated person would know, the more $ you print the greater the risk of inflation. When inflation starts to creep its ugly head, there is no better stock to be in! If you doubt inflation won't be an issue again, then you are a fool!@
    Aug 30 08:48 PM | Likes Like |Link to Comment
  • Samsung (SSNLF.PK) doesn't let its IFA 2012 product launch (previous) end without announcing the ATIV S, its first Windows Phone 8 device. The ATIV S sports a 4.8" AMOLED display and is just 8.7mm thick. The announcement comes ahead of a Sep. 5 Nokia (NOK) event, during which the company is expected to announce two WP8 models. In light of Samsung's move, it definitely wouldn't hurt if one of the Nokia devices featured a PureView camera. (live blog) (earlier: I, II[View news story]
    What about Sony? If I were Japanese, I'd probably buy that new Sony phone over the Iphone. Some people do have Nationalistic feelings and want to see local companies succeed. Samsung has defeated Japan in the consumer electronics space, but as we all well know, it is very hard to maintain being #1!
    Aug 30 10:22 AM | Likes Like |Link to Comment
  • Samsung (SSNLF.PK) doesn't let its IFA 2012 product launch (previous) end without announcing the ATIV S, its first Windows Phone 8 device. The ATIV S sports a 4.8" AMOLED display and is just 8.7mm thick. The announcement comes ahead of a Sep. 5 Nokia (NOK) event, during which the company is expected to announce two WP8 models. In light of Samsung's move, it definitely wouldn't hurt if one of the Nokia devices featured a PureView camera. (live blog) (earlier: I, II[View news story]
    Let's talk about the real company that has copied everything, and that is Apple. Apple did not invent a thing, all they did was design a solution based upon other's research and technology.
    Aug 30 10:19 AM | 2 Likes Like |Link to Comment
  • Nokia (NOK -5.9%) is selling off again today. A less-than-flattering WSJ article about the early U.S. uptake seen by Windows Phone (MSFT) could be playing a role. An AT&T reseller claimed the Lumia 900 only made up 2% of its sales, even though profits on 900 sales are higher than for the iPhone or Galaxy S III, and a T-Mobile reseller claimed WP devices made up just 3% of its sales. The column also notes developer reluctance to write for WP in the absence of a large user base. (yesterday[View news story]
    With Windows 8, those two ecosystem's will converge!
    Aug 30 10:17 AM | Likes Like |Link to Comment
  • More on Nokia: The company has also received another bearish note from Bernstein's Pierre Ferragu, a long-time critic. Ferragu joins others in taking a cautious view of the impact of the Apple-Samsung verdict; thinks Q3 results could miss estimates; notes Lumia models are being heavily discounted in the UK, and says global surveys have consistently shown a "lack of consumer interest" in Windows Phone. He views Nokia's recent rally as a good shorting opportunity. [View news story]
    It's too bad were not in France during the French revolution so we can take the guillotine to those who spread deceitful bits of information for their own personal gain. Especially when that information is willfully aimed at the destruction on an economic entity. Nokia, like all companies, are the economic engines for any society. They pay taxes, employ people, buy/sell goods on a global basis. By employing people, they are enabling those soles to improve upon their economic status and therefore help provide for mobility within the social fabric's of our GLOBAL society. Spreading mis-leading information, falsehoods and straight out lies is a direct attack against all those who benefit from the existence of these entities such as Nokia. TI sells chips, Corning the glass etc, so it does affect the entire supply chain and thus the US as well. A century ago, these acts, the ones that serves to destroy such an entity and therefore the prosperity that is a result, would be sent straight to the chopping block!

    I am sitting with a droid incredible with its shattered screen, and have been waiting patiently for Nokia W8 and will be purchasing upon release at Verizon. I have used the Iphone (wife), Ipad (Wife), own a Blackberry playbook, which by the way its operating system or BB10 is phenomenal. So by saying consumer's have shown a lack of interest and placing everyone into one bucket, is really just a racist comment. All White's have a superiority complex, Woman can't drive cars, all Blacks get divorced, Jews are greedy, Muslims fanatical, Chinese are all cheaters. Whenever you generalize you end up with a biased and racist perspective.....
    Aug 29 01:38 PM | 5 Likes Like |Link to Comment
  • Nokia (NOK -5.9%) is selling off again today. A less-than-flattering WSJ article about the early U.S. uptake seen by Windows Phone (MSFT) could be playing a role. An AT&T reseller claimed the Lumia 900 only made up 2% of its sales, even though profits on 900 sales are higher than for the iPhone or Galaxy S III, and a T-Mobile reseller claimed WP devices made up just 3% of its sales. The column also notes developer reluctance to write for WP in the absence of a large user base. (yesterday[View news story]
    Sorry to burst your bubble, Windows has a much larger following then Android and Apple combined. Again someone expressing an opinion who lives in a box!@
    Aug 29 01:07 PM | 2 Likes Like |Link to Comment
  • Bookmark this chart of iron ore prices, as it's becoming one of the more widely-followed global indicators. They've fallen another 1.9% today to just $100/ton, well below the line-in-the-sand price of $120 - the level at which Chinese producers would supposedly stop producing. [View news story]
    Vale is required to pay 25% of profits out as dividends. That is what the law says. Giving it is going ex-dividend in mid-October supporting what is now a 7% yield and semi-annual payments, how much lower can it go? They've bought 200Million outstanding shares over the past year, have a net cash position of over 11Billion and it is trading at book value, while still generating over 15 Billion a year of which are from estimates that have already been reduced by over 25%.

    Seems like a buy to me!
    Aug 29 10:29 AM | Likes Like |Link to Comment
  • Nokia (NOK) will announce two Windows Phone 8 devices on Sep. 5, sources tell The Verge. One will be a high-end device (code-named Arrow) that, like the Lumia 900, will initially be exclusive to AT&T (T), and the other a mid-range device (code-named Phi) that will be sold by both AT&T and T-Mobile. Verizon, widely expected to offer a Nokia WP8 device, isn't mentioned in the report. Nokia +2.8% after rallying in Europe. (PureView rumors[View news story]
    89 year of experience of which I'm in full agreement with. It's amazing how Nokia turned back into the red right as some analysts started to say BUY. Just as the Apple Samsung verdict came out. It's the last dip before another big rally..
    Aug 29 08:37 AM | Likes Like |Link to Comment
  • Analysts question the idea Nokia (NOK -5.8%) will be a major beneficiary of the Apple-Samsung verdict. While expecting Windows Phone to get a lift from the ruling, Berenberg argues Nokia's upcoming Lumia phones still have "no chance" of competing against Apple and Samsung, and that the market is pricing in margin, ASP, and and market share improvements that might not arrive. MKM recommends buying October 3.5/2.5 or 3/2.5 put spreads[View news story]
    It's amazing, it's as though these analysts live in a box. Who is the #2 manufacturer of cell phones? From what my friends in IT security say, W8 phones will become the standard issue. Apple does not integrate with business apps. I don't recall IBM, Oracle, SAP developing integrations with Apple.

    Many of the featured phones from Nokia are very smart. Most networks do not support the bandwidth needed for a fully functional smartphone. Only in major urban environments do you have the bandwidth. I live in the Boston suburbs and have one bar in my town. A smartphone is absolutely useless unless I'm close enough to my wifi or the highways. If that is the case 10 miles from Boston, what about 10 miles outside New Delhi .
    Aug 29 08:33 AM | 2 Likes Like |Link to Comment
  • Smartphones will make up 54% of mobile phones sold in 2013, predicts IHS iSuppli. Earlier this year, UBS predicted smartphones would make up 41% of 2012 phone sales. Just as Google, Apple, Samsung, and mobile processor firms benefit from this trend, feature phone king Nokia (NOK)  risks being a loser. Nokia is on the clock to bring Windows Phone price points down to levels comparable to those of low-end Android phones from Chinese vendors. [View news story]
    Yes, Ashda is the featured phone product line from Nokia, which of course meets the needs of 90%+ of the world!
    Aug 29 08:24 AM | Likes Like |Link to Comment
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