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Peter_Do

Peter_Do
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  • Why Nokia Is Dead Money [View article]
    To let you know that there is nothing to see here! :)
    Jan 22 02:46 PM | 12 Likes Like |Link to Comment
  • Avoid AT&T's 2012 Dividend [View article]
    I am long both T and MSFT (and VZ also). However, I am confused about your arguments. Debt is not necessarily a bad thing if liquidity is properly managed and their businesses are throwing off tons of cash (so no liquidity issue). It is actually comforting to see that they did not have to issue new debt to finance their high dividend while investing in building out their networks. This is a plus. Not a minus. Secondly, their (and VZ also) utility-like characteristics lie in their owning the infrastructure to mobile internet. Yes, they will lose revenues and fees from international calls, text messaging etc...but they make them back on more people using data hence their top line is still growing. And the trend of data usage looks to keep on rising. Not sure how you will "subsidize" that. Unless someone comes along to provide free national internet access. That's not to say that MSFT is not cheap or cheaper. However, T and VZ are still very good investment options as well. Steady slow growth is not a bad thing. You get the benefit of slow and stable appreciation over long period of time and a healthy dividend in addition. What's there not to like?
    May 17 10:49 PM | 9 Likes Like |Link to Comment
  • Stephen Elop has until early to mid 2013 for Nokia's (NOK) fortunes to reverse, otherwise his job will be at risk, analysts and investors say. However, they're not holding out much hope that Nokia will have a particularly good Christmas, especially with Apple and Samsung dominating. [View news story]
    Nothing in the article said someone will come along and do anything to Elop. Just people reiterating the same thing over and over again.

    Disclosure. I am long NOK (and MSFT) and think Elop is doing a great job.
    Sep 19 10:53 AM | 7 Likes Like |Link to Comment
  • Intel's Q3 Revenue Miss: A Fire Sale For Long-Term Investors [View article]
    I am waiting as well. For a tablet and a laptop.
    Sep 7 02:51 PM | 5 Likes Like |Link to Comment
  • Linn Energy, LinnCo pop higher as SEC has no further comment on filing [View news story]
    All those you want punishments and incarceration for the shorters should have just done their homework and bought more when these shorters make things cheap. If you are so easily moved and frightened to sell by rumors and take losses than you should not be investing. And if you are levered so much on margin and got margin-called then that's the risk you take for playing with leverage. I personally enjoy all these opportunities created by idiots like these.
    Nov 1 11:54 AM | 4 Likes Like |Link to Comment
  • Linn Energy (LINE -8.3%) and LinnCo (LNCO -10.8%) are off to another terrible start; shares have dropped ~38% and ~36% respectively since Tuesday's SEC inquiry announcement. The impact on Berry Petroleum (BRY -1.5%) has been less severe - shares have dropped ~7% - as some say its chances of getting another takeover offer are high if things don't work out with Linn. [View news story]
    Until something definitive comes out, don't think management can say anything. Legally they may not be able to get into any specifics anyway so it won't help. You can't have a debate when you are worried at all times that you may be revealing stuffs that can get you in trouble with the regulators.

    Need to let this thing runs it course. Or of course, there is the possibility that they are lying all along. Hopefully none of them are selling their stocks. That's the strongest message they can send.
    Jul 5 10:32 AM | 4 Likes Like |Link to Comment
  • Attorney General Holder puts a $5B-plus target on how much S&P (MHP -6.5%) defrauded investors through faulty ratings on MBS, and says the DOJ is going after all of it. "S&P misled investors ... causing them to lose billions of dollars." S&P alone? (earlier: Even $3B seems far too high) [View news story]
    This is ridiculous. The rating agencies did not ask people to rely on the ratings for the investment decisions. Many people (and funds) put in place the rating requirements as an additional way to tell people that their investment choices are supported. How is this different than I like a stock and then C or BAC analysts came out with upgrade and then I purchase but it turned sour. I can't go and sue them for that. Hind sight is 20/20. If the MBS is so "obviously" terrible why are we not suing all the analysts, managers and everyone person, including public pension fund managers, who bought them? It's obvious and they did not look. Just as guilty as the rating agencies. The exception is that they rating agencies just express their opinions, just like many of us here on SA. They do not have the burden of investing (and due diligence as a result) of a portfolio manager. The information that is provided to the rating agencies are also available to all money managers who bought them. Unless sometime tells me that rating agencies have access to additional information that investors do not have.

    Everyone is at fault for greed and laziness.
    Feb 5 12:24 PM | 4 Likes Like |Link to Comment
  • Nokia: Positive News Followed By What? [View article]
    They do write their own apps. Nokia collection such as Nokia Pulse, Nokia Music, Nokia Transit, City Lense etc....
    Jan 15 02:55 PM | 4 Likes Like |Link to Comment
  • The Treasury violated its rules on executive pay as it went 18 for 18 in approving raises for AIG and GM execs over the past few years, according to SIGTARP. Treasury was warned of this a year ago, but disputes the report's findings. [View news story]
    @Ted Bear: any data regarding the comments on BAC or just a random negative rant and assumption? I cannot find any info online regarding why they did it. However, the way I understand it, many banks set up subsidiaries in these offshore havens (Ireland, Luxembourg, Cayman etc...) because of the less regulated nature (and also less sophisticated regulation) of these jurisdictions which allow them to take more risks as well. So by moving it to London, it is actually a more conservative move and shine more light on these trades. So more transparent. Not obscuring like you suggest.
    Jan 28 03:54 PM | 3 Likes Like |Link to Comment
  • More on Nokia: Lumia shipments totaled 4.4M, up from Q3's 2.9M and generally above forecasts. Stephen Elop says Lumia 920 sales were supply-constrained. Total smart devices sales were 6.6M, -64% Y/Y (withering Symbian base), but thanks to a higher Lumia mix, ASP jumped to €182 from Q3's €155. Mobile phone units were 79.6M, -15% Y/Y, ASP roughly even Q/Q at €31. 9.3M Asha phones sold, up from 6.5M in Q3. NOK +17.6%. (PR[View news story]
    I guess Elop saw your article about don't expecting any surprise and he says "surprise!"
    Jan 10 10:22 AM | 3 Likes Like |Link to Comment
  • Microsoft May Have Just Hurt Lumia 900 Sales [View article]
    Wait so all android devices are running on the latest version? Will the iPhone 3GS run on, and get all the features of, iOS6? Is the 3GS not selling at all because it does not have Siri? Aren't Aapl and all the other android manufacturers screwed since they do not have the latest OS version because only the latest version sells? Will the 4S stop selling because 5 is coming out in a few months? Will NOK stop making new phones when when WP8 comes out because their products stop at the 900?
    Jun 20 03:16 PM | 3 Likes Like |Link to Comment
  • Linn Energy, LinnCo pop higher as SEC has no further comment on filing [View news story]
    Well, to be fair, what is wrong with them calling out something they think is suspicious? Since I don't know them personally, I am not going to question their morality or intent. They may be wrong - which I believe to be the case in this situation since I own a good chunk of LINE - they merely want to inform the public about a potential danger. Those who bought into their analyses sell; those who questioned their analyses buy; and those who had no idea stand aside and watch the fireworks. At the end of the day, it is your own responsibilities what to do with your money. All investments have risks and you have to assess that risks. That's why Certificates of Deposit pay as little as it is. It has much lower risks. The regulators cannot control that! Kaiser, Hedgeye, Barrons make no warrants to protect anyone. They are speaking their opinions based on their analyses which they present to everyone. We decide whether their analyses justify the conclusions. You are asking the regulator to somehow go out there and protect the regular mom and pop in earning a decent returns because CDs are not paying enough? Then if I am a regular mom and pop, I would go out and buy the highest yielding instruments I can buy because the regulator will come and slap any naysers. No one will dare to look at these instruments critically because if they are correct - wonderful, they will get a pat in the back. If they are incorrect, they will be criminalized. All the criminals will come out and offer high yielding Ponzi instruments then.

    I am sorry if this sounds cold but if CDs are earning 1% and you are buying something that yields 5 times or 10 times of that, you know you are taking stuffs that are 5 times or 10 times the risk. You think you are smarter than the market and when that assumption is incorrect, there are consequences. There may be circumstances that force our hands to seek these higher yields - need the income to live on etc... - but that do not change the fact that you are taking on a lot more risks! The fed is lending out money close to 0%. The Prime Rate is 3.25%. You are getting north of that with LINE before the assault by these guys. You are not investing in anything that is "prime" quality according to the market (or LINE for that matter since they are willing to pay out more for our money).
    Nov 1 01:05 PM | 2 Likes Like |Link to Comment
  • Attorney General Holder puts a $5B-plus target on how much S&P (MHP -6.5%) defrauded investors through faulty ratings on MBS, and says the DOJ is going after all of it. "S&P misled investors ... causing them to lose billions of dollars." S&P alone? (earlier: Even $3B seems far too high) [View news story]
    But that is not what they are selling - their approval that you can invest based on their ratings. They are just selling a personal assessment. What you choose to do with it is your own decision. When people buy a house, they can bring along someone to assess the value of the home. But there is no guarantee that the home is worth that much. Stop condoning laziness and irresponsibility. It's ok to buy research to support your own work and personal research. But you still should do your own homework and have the character to stand behind your own decision. Everyone makes mistakes.
    Feb 5 12:28 PM | 2 Likes Like |Link to Comment
  • Nokia: Positive News Followed By What? [View article]
    Not sure I understand you. You want to know why they do not have their own OS? Like what they used to have with Symbian and was planning with Meego? Their decision to abandon it was because they do not have the resources to create a competitive platform to compete with iOS, Android and WP. They could not catch up with the competition and so they have to let it go and consolidate their resources around their strength as a premiere hardware company. They strategically allied with WP (and get paid for supporting the new ecosystem). Or if you are referring to creating apps for different ecosystem - they sort of doing that with the HERE app in iOS, the stripped down version of Nokia Maps.
    Jan 16 09:23 AM | 2 Likes Like |Link to Comment
  • Short Johnson & Johnson [View article]
    You do realize that the "recession" that we are in started in 2008 right? Why select this period to point out the slow growth? Considering the severity of the recession, the consistently high unemployment rate and the additional recall issues that they have, the (slow) growth seems like a pretty good feat. Just a thought. Also, it's silly to say that they loss $2bn by spending it on interest payment. They borrowed money and deploy it elsewhere (presumably investments, acquisitions and R&D. You should look at the returns of their cash deployment vs. the interest RATE (not amount) that they are paying. Look at how much the US gov't is paying in interest each year! Are they wasting all that money because that can be used to give everyone a free house and healthcare? In the one hand you complain that they do not invest in their business. On the other hand you complain that they borrow money (because they are wasting money on servicing debt) to invest in their business. Please make up your mind. Confused enough to decide to leave a comment.
    Aug 17 11:16 AM | 2 Likes Like |Link to Comment
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38 Comments
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