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  • NOK - Nokia, a few words as food for thought

    that chart looks broke!

    but, buy when there's blood on the streets!

    we all know about nokia. it's the biggest cellphone hardware company in the world. they are losing market share to google and apple and research. now they admit there is no clear road to their future business. so they are adopting the microsoft ecosystem including WP7.
    yada, yada, yada and yada.
    stock sold off 18% in just a week. whoa!

    now this has all created great opportunity for long-term dividend investors.
     NOK debt to equity ratio is 0.37 and Quick ratio is 1.4. guidance is for revenue to be up and earnings in the coming year. about half the stock price of $9.36 is made up of their holding of $4.54 per share cash. this is one cheap $36 billion tech giant selling with 2 price to cash ratio and 10 price to free cash flow ratio. and, by DFCF they are indeed markedly undervalued.

    these guys now have a great system to run their great hardware. they have a sound business that gives them resources and the time to get things right.

    i say NOK should rise 20% from here in the coming year. the opportunity is to ride the comeback while collecting the 5.8% dividend!

    no position, yet

    Tags: NOK
    Feb 12 6:48 PM | Link | Comment!
  • TCLP a few words to wet ones whistle

    tclp a gas pipline company with pipelines in the US, Canada and Mexico. 

    5.88% current dividend yield. after appreciating 40% during the past year its still selling at a disount when considering free cash flow. TCLP guidance is for increasing revenue and earnings this year and the next.

    as one can see from the chart their workers have done a good job for the share owners and attracted capital appreciation and returned cash in quarterly payments.

    gas has to move somehow!

    so this well run  "arms merchant" can make money no matter what. 


    i believe tclp is a good position for long term dividend investors. i have no position, but this is a would if i had money situation



    Tags: TCP
    Feb 12 1:16 PM | Link | Comment!
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