5 Stocks Under $10 Attractively Valued With Catalysts For Upside [View article]
same list as last week, maybe this time we will see more success, last week was a disaster - good luck - i like alu, amd, nok all priced for banktruptcy!!
EFLOP needs to go. Ever since he announced the MSFT alliance, the shares have continued to tank. If they disappoint one more quarter, expect ELOP to be evicted!!! and the share price to go through the roof - ELOP alone causes 30% discount!!
HP's Whitman Running Out Of Excuses And Running Out Of Time [View article]
Whitman doesn't jnow how to get ther hands dirty. It's time for this once great company to get a CEO who really knows what work means. Not Carli, not Leo, and certainly not Meg. I hope Larry Ellison comes up with an offer to buy this pos!!
Oracle (ORCL) CEO Larry Ellison is interested in acquiring AEG from Anschutz, which wants $10B for the sports and entertainment unit, Reuters reports. If true, Ellison has a sizable credit facility to help him, having pledged 139M Oracle shares - valued at $4.3B - as "collateral to secure personal indebtedness." [View news story]
He should devote his energy to Oracle, possibly better returns for him!!
France Telecom Is A Fantastic Dividend Opportunity [View article]
FTE - as long as Mfr Richard is at the helm, who is basically afraid to stand up against the gouvernment and produce a "plan social" which cuts the fat (i.e. unproductive employees which are overpaid and eligible for mega pensions), the share remains a dead cat. It's a shame that France is so much on the ropes - it's just a disgraced political system , restructuring and staff dismissals are not allowed, so shareholders are made to pick up the bill. Half of CAC-40 constituents are at their all-time low,compare that to Germany where the DAX is only 12% away from its all time high!!
"I would like to have done better," says Nokia (NOK +0.2%) CEO Stephen Elop regarding the company's early Windows Phone (MSFT) sales: he thinks WP 7.5 didn't give Nokia enough room to stand out, and believes its marketing needed to be more effective. But Elop won't second-guess his decision to back WP instead of Android, a move that's increasingly questioned as Nokia's total smartphone sales plunge. He also claims to have "no indications" Microsoft is working on a smartphone, in spite of rumors. (HQ sale) (also) [View news story]
Elop has failed completely. He has sunk a once great company wby insisting on a risky and unhedged strategy which made NOK totally dependent on MSFT while MSFT is not bound by such exclusivity or non-compete clause. I am not sure if Elop has the intersts of NOKIA shareholders in mind, but he knows he has failed and tries to please MSFT to take him back once he is fired by NOK for excessive destruction of shareholder value. Hiring ELOP has cost NOK shareholders more than 30 billion dollars!!
Alcatel-Lucent (ALU -3.2%) falls towards the $1 level once again thanks to a downgrade to Sell from UBS. The firm is worried about weak fixed-line capex in Europe, a lack of a recovery for Chinese demand, and the need for asset sales to address the company's debt obligations. UBS has been (accurately) voicing concerns about telecom capex for a while. [View news story]
UBS is generally negative on French equities. If you go through all CA40 stocks, you will see that UBS recommends selling at leat 80% of them such as FTE,EDF,CARREFOUR,PEUGEOT and etc. Those stocks are at their low of a lifetime, but UBS thinks theystill should be lower. I think indeed, UBS caters to its hedge fund clientele by asking its analysts to dump shares their treasured hedgie clients want to buy on the cheap!!
France Telecom's 12% Yielding Shares May Be Poised To Drop On A Dividend Cut [View article]
drmhoenig: FTE is not in China, they are present in difficult countries which go each through their own turmoil (Egypt, Spain,UK,Poland). The reason for their underperformance is their competely incompetent Management which gives a s... on the share price. They want to please the government and the employees and the shareholder has to pick up the bill. France is a communist country now and it seems to me that the socialist are bent on driving the economy to the wall! Shame on M. Hollande and his gang!!
France Telecom's 12% Yielding Shares May Be Poised To Drop On A Dividend Cut [View article]
FTE seems to be the underdog of EU telcos. At 7 times earnings , it has a discount to Deutsche Telekom of about 40% and let's remeber that ATT has a PER of 22x with a lower dividend yield. It seems that investors generally dislike French companies and especially French politicians and regulators who appear to do all they can to drive their domestic economy into the ground. M. Hollande and his communist gang is really a shame for the Grande Nation how they liked to call themselves in the past! Grandeur perdue!!
Alcatel-Lucent Has Lost Its Mojo (Alpha) [View article]
Too many ifs, but it is stunning how a company with recognised products and innovative capability can fall so hard and I agree mostly because of bad choices of management. The current troika Camus?Tufano?Verwaayen is no better than Tschuruk/Russo and even after 7 years these guys have not figured out how to run a company in a competitive environment.Unfortunat... the shareholders are not very activist, and Verwaayen and co. are allowed to mismanage the Company, impoverish its shareholders and walk away with a golden parachute. On top of this you have this idiotic communist French Government which is the last nail in the coffin. The socialists want to penalise any lay-offs and it's a nightmare to run a business in that country!!!
France Telecom (FTE +0.6%) CEO Stephane Richard reaffirmed his company's €8B ($10.39B) 2012 operating cash flow target at a Paris conference, and said FT's Q3 performance had been "fine" in spite of a poor macro backdrop and tough mobile competition. Richard declined to provide new details about FT's dividend plans: the carrier has already said its 2012 dividend will be lower than 2011's €1.40/share. [View news story]
FTE's recent slump confirms the incompetence of its management. FTE was simultaneously downgraded by 4 brokers last week, the dividend cut to 0.70 EUR is now consensus - price pressure and Free Mobile seem to destroy FTE and as well its presence in disaster countries such as Spain and Egypt. Management is completely inept at communicating with financial markets. The result: for the first time in history Deutsche telekom shares are wirth more than French Telecom shares, while they were nearly double in July 2009. It is a shame for this company to have fallen so hard!!
Bundesbank President Jens Weidmann makes the cover of Der Spiegel, repeating his usual arguments against ECB purchases of sovereign debt. It sounds like a man resigned to losing the debate, but wanting to stay relevant to policy going forward (as opposed to following his predecessor Axel Weber by quitting). [View news story]
The problem with Weidmann is that he keeps criticising any rescue effort by the ECB, but does not outline alternatives. He is just a negative guy. One should ask him if he is committed to keeping the euro and be flexible in allowing the sinners PIIS (Greece is special and should disappear) to carry out their adjustments (which need to be approved by the ECB and EU anyway). The bond buying could therefore be phased out after 2-3 years, when the reforms start to promote growth and prosperity in these countries which then will be able to finance themselves without any assistance from the ECB. Jens Weidmann is just having a very short-term view of the solution!
You need to read the existing posts which give you a good idea of why FTE is preferable. Both companies have significant risks, be it Greece for DTE or Egypt/Spain for FTE. But that's why FTE's PE is 7.5x vs. ATT 20x.
July Retail Sales: +0.8% vs. +0.2% expected, -0.7% prior (revised from -0.5%). Ex-autos +0.8% vs. +0.3% exepcted, -0.8% prior (revised down from -0.4%). [View news story]
so S&P 500 heading for 1600, with an economy firing from all cylinders, but US banks still valued at march 2009 levels?!!
5 Stocks Under $10 Attractively Valued With Catalysts For Upside [View article]
Nokia: There Is No Need To Panic [View article]
France Telecom: A Buy After Dividend Cut? [View article]
HP's Whitman Running Out Of Excuses And Running Out Of Time [View article]
Oracle (ORCL) CEO Larry Ellison is interested in acquiring AEG from Anschutz, which wants $10B for the sports and entertainment unit, Reuters reports. If true, Ellison has a sizable credit facility to help him, having pledged 139M Oracle shares - valued at $4.3B - as "collateral to secure personal indebtedness." [View news story]
France Telecom Is A Fantastic Dividend Opportunity [View article]
"I would like to have done better," says Nokia (NOK +0.2%) CEO Stephen Elop regarding the company's early Windows Phone (MSFT) sales: he thinks WP 7.5 didn't give Nokia enough room to stand out, and believes its marketing needed to be more effective. But Elop won't second-guess his decision to back WP instead of Android, a move that's increasingly questioned as Nokia's total smartphone sales plunge. He also claims to have "no indications" Microsoft is working on a smartphone, in spite of rumors. (HQ sale) (also) [View news story]
Alcatel-Lucent (ALU -3.2%) falls towards the $1 level once again thanks to a downgrade to Sell from UBS. The firm is worried about weak fixed-line capex in Europe, a lack of a recovery for Chinese demand, and the need for asset sales to address the company's debt obligations. UBS has been (accurately) voicing concerns about telecom capex for a while. [View news story]
Those stocks are at their low of a lifetime, but UBS thinks theystill should be lower. I think indeed, UBS caters to its hedge fund clientele by asking its analysts to dump shares their treasured hedgie clients want to buy on the cheap!!
France Telecom's 12% Yielding Shares May Be Poised To Drop On A Dividend Cut [View article]
France Telecom's 12% Yielding Shares May Be Poised To Drop On A Dividend Cut [View article]
At 7 times earnings , it has a discount to Deutsche Telekom of about 40% and let's remeber that ATT has a PER of 22x with a lower dividend yield. It seems that investors generally dislike French companies and especially French politicians and regulators who appear to do all they can to drive their domestic economy into the ground. M. Hollande and his communist gang is really a shame for the Grande Nation how they liked to call themselves in the past!
Grandeur perdue!!
Alcatel-Lucent Has Lost Its Mojo (Alpha) [View article]
France Telecom (FTE +0.6%) CEO Stephane Richard reaffirmed his company's €8B ($10.39B) 2012 operating cash flow target at a Paris conference, and said FT's Q3 performance had been "fine" in spite of a poor macro backdrop and tough mobile competition. Richard declined to provide new details about FT's dividend plans: the carrier has already said its 2012 dividend will be lower than 2011's €1.40/share. [View news story]
FTE was simultaneously downgraded by 4 brokers last week, the dividend cut to 0.70 EUR is now consensus - price pressure and Free Mobile seem to destroy FTE and as well its presence in disaster countries such as Spain and Egypt. Management is completely inept at communicating with financial markets. The result: for the first time in history Deutsche telekom shares are wirth more than French Telecom
shares, while they were nearly double in July 2009. It is a shame for this company to have fallen so hard!!
Bundesbank President Jens Weidmann makes the cover of Der Spiegel, repeating his usual arguments against ECB purchases of sovereign debt. It sounds like a man resigned to losing the debate, but wanting to stay relevant to policy going forward (as opposed to following his predecessor Axel Weber by quitting). [View news story]
Buy France Telecom: A Dividend Gem [View article]
July Retail Sales: +0.8% vs. +0.2% expected, -0.7% prior (revised from -0.5%). Ex-autos +0.8% vs. +0.3% exepcted, -0.8% prior (revised down from -0.4%). [View news story]