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wwu124

wwu124
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  • Nokia's Efficiency Pushes Share Price To 52-Week Highs [View article]
    Let's do not lose sight of the big picture, just because there are some meaningless fluctuations. NOK is at 52-week high.
    Sep 16 09:41 PM | Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    To the Author:

    Based on your second table, if I start to take benefit at 70, instead of 62, I will have to live through my 83 in order to match the total benefit cumulated from 62. I will not hesitate. I will start to take benefit at 62. Although I believe I have a great chance of living through 83, to close to 90, if I invest conservatively the benefit I start to receive at 62, my net will always be larger than the total benefit I would receive if I started to take at 70 years of age.
    Aug 30 09:57 PM | Likes Like |Link to Comment
  • Buy Nokia On The Next Dip [View article]
    To the author:

    About the Risks you discussed, I have these observations:

    (1) Although the operating margin for 2015 was not mention in the conference call, the CEO did give guidance for operating margin in the second half of 2014: we expect the full year 2014 non-IFRS operating margin for Networks to be at or slightly above the high end of the targeted long-term non-IFRS operating margin range of 5% to 10%.

    Seems to me that this is good enough guidance. Maybe, 2015 was a little too far away, as such, it was not mentioned.

    (2) About your comment that revenue was still declining for Q2, I think the CEO has already made it clear that revenue will rise in the second half of 2014. If this turns out to be true, it is likely that this momentum will be carried into 2015.
    Jul 31 01:50 AM | 2 Likes Like |Link to Comment
  • The Day I Sold Everything [View article]
    After having gone through the period of Summer 2008 to Summer 2009, one thing I have learned is to stay cool and not go into a panic mode. Regarding the current state of the market, no matter what is your view, overpriced or not, going to crash soon or not, we really do not know what is going to happen in near term, say, 3 months or 6 months or 12 months. It has taken 5 years for the market to get to where it is now. If you think it is overpriced and about to crash, you probably have had this thought for a while. I mean, it is not likely that you developed this view overnight. Therefore, it does not make sense to me to wake up one day in the morning and decide to sell off almost everything.
    Jul 26 09:35 PM | 2 Likes Like |Link to Comment
  • The Day I Sold Everything [View article]
    I see. If it was in December, then he missed a buy opportunity.
    Jul 26 12:29 AM | 1 Like Like |Link to Comment
  • The Day I Sold Everything [View article]
    I remember there was a significant correction in the summer/fall of 2011 due to the turmoil in Europe. Check out the DJI chart around that time and you will see it.
    Jul 25 11:11 PM | Likes Like |Link to Comment
  • The Day I Sold Everything [View article]
    You were basically in a panic, and sold almost everything. Anyway, I do not hold any of the stocks you sold in a panic.
    Jul 25 10:22 PM | Likes Like |Link to Comment
  • Nokia: Now Comfortably Waiting For The Advanced Technologies Catalyst [View article]
    http://bit.ly/WHmj0s

    According to Samsung Electronics Senior Attorney Lim Young-jo,

    “The fact that Nokia does not manufacture mobile phones any longer signifies that we cannot file a countersuit against it and we have to pay royalties to it,” the attorney explained, continuing, “Besides, we are in no position to circumvent, because Nokia owns a large number of basic and standard patents.”
    Jul 25 02:34 PM | 5 Likes Like |Link to Comment
  • Nokia: Now Comfortably Waiting For The Advanced Technologies Catalyst [View article]
    Only Seimens insiders know why Seimens sold its 49% at that price. I kwen that Seinems wanted to get out, but, nothing else. Now, to be fair, Nokia Networks needs to be compared with the market price of other publicly traded companies in its sector. For example, ERIC, has a P/EV that is a little bit above 1, yet, it has an opreating margin that is lower than Nokia Networks (it was probably around 7% last year vs about 10% for Nokia Networks). I wonder how many believed that Seimens paid the market price for its 49%. No me definitely.
    Jul 25 01:53 PM | Likes Like |Link to Comment
  • Nokia: Now Comfortably Waiting For The Advanced Technologies Catalyst [View article]
    AP:

    You are probably right. I need to dig deeper.
    Jul 24 01:32 PM | Likes Like |Link to Comment
  • Nokia: Now Comfortably Waiting For The Advanced Technologies Catalyst [View article]
    Hi, doggiecool:

    I was not quoting Nokia Technology Q2 revenue. I was quoting Operating Profit, which was 96M Euro according to the report. My question was, if I add the operating profits from Networks (281M), HERE (0), and Technology (96M), I do not get the 284M Nokia announced for continuing operation. I do not understant this, thus I asked the question. I wish somebody can explain this.
    Jul 24 01:30 PM | Likes Like |Link to Comment
  • Nokia: Now Comfortably Waiting For The Advanced Technologies Catalyst [View article]
    Hi, AP, this is the part I do not understand. Maybe, you can help me out.

    I see these for Non-IFRS Operating Profit in Euro:

    Nokia Networks-----281M
    HERE----------------0
    Nokia Technology---96M

    Total----------------377M
    Jul 24 11:50 AM | Likes Like |Link to Comment
  • Nokia: Now Comfortably Waiting For The Advanced Technologies Catalyst [View article]
    True, operating profit close to $400M. However, if the loss of discountinued operation (about Euro 110M) is removed, operating profit for continuing operation is close to Euro 400M. Is this correct?
    Jul 24 11:08 AM | Likes Like |Link to Comment
  • MORL Is A 'Too Good To Be True' Investment [View article]
    Ha, I have been busy analyzing Nokia's numbers.

    Now, this is my last post to some of you. Come on, we are all here to find a way to grow our investments.

    On the surface, it seems that there is not a book value or net asset value associated with MORL. No question, if I own shares of MORL, I do not own any of the underlying security. Not that I did not understand this.

    However, if you believe that UBS is doing what it says it is doing, then it is carrying the underlying assets on its own book, only that it does not provide a break out of these assets.

    Take Lehman Brother as an example. When it went under, trading of the ETN's it issued were suspended. Investors in those ETN's were wiped out. Barclays bought some of Lehman's assets, and the assets underlying those suspended ETN's were then under Barclays' control. Barclays disavowed to acknowledge those ETN's. Of course, investors could not blame Barclays.

    From my point of view, there is an underlying book value or assest value for MORL. There are analyses of MORL book or net asset value out there. This could be a good way to estimate by how much MORL is trading above or under book, which could be a useful information, since its components are trading at different discount/premium to their respective book values.

    No more discussion on this subject from me.
    Jul 24 10:43 AM | Likes Like |Link to Comment
  • Nokia: Now Comfortably Waiting For The Advanced Technologies Catalyst [View article]
    I am with you that Nokia is going to rise further. Nokia is seriously undervalued, not just the IP part, even with today's rise. NSN's operating income is at about $1.5B annual run rate, with little tax due to past loss carry-over. NSN alone is worth at least the mid point of the range $15B to $30B. NSN deservese a high P/EV than ERIC due to NSN's higher operating margin.
    Jul 24 09:44 AM | 4 Likes Like |Link to Comment
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