Nokia as an investment (Part 3)

This thread is a continuation of the comment: Nokia sijoituskohteena (Osa 2) - #11189 käyttäjältä Cotr - Osakkeet - Inderes forum.

Previous threads:

8 Likes

I wonder how Friday’s $5 max pain will affect trading on Thursday and Friday. One would hope the game doesn’t only work to the downside, so here’s hoping for an upward move. Of course, the best thing would be to get rid of the options game altogether.

7 Likes

It looks like that max pain is $4.75; I wonder if they have tweaked their calculation, since it’s not an even or half dollar.

With those volumes, it probably won’t have an effect on the price; those “big” ones are worthless between $4.50 and $5.00.

12 Likes

If nobody bet on a price decline by buying puts, Max Pain would remain at the level of the cheapest call.. You wouldn’t think that would be a very good predictor for the future share price..?
But when demand is low, those issuers have been able to push the price down to that Max Pain with amazing efficiency.
Perhaps the price will only be allowed to rise once the issuers no longer dare to issue call options at a low share price?
Or will demand catch the issuers with their pants down, for example, if the credit rating improves?

4 Likes

I wonder if that has moved over the last couple of weeks, as I recall it being 5 USD for Friday, March 10th? Maybe I remembered incorrectly.

1 Like

You remember correctly. I don’t remember how they were a week or two ago, but I bet more $5 Calls have been bought and they have lowered the Max Pain to below $5.

That $4.77 price has been hovered around pretty faithfully over the past few weeks.

2 Likes

Stocknews evaluation of Nokia, March 7, 2023.

Since last year, technology stocks have suffered the most from the Fed’s aggressive interest rate hikes. However, the industry still has good opportunities to benefit in the long term due to continuous innovation and the need for digital transformation across various sectors. Against this backdrop, buying shares of the Finnish technology giant Nokia Oyj (NOK) could be wise.

The article explains why it could be wise. Here are some highlights from the article:

Discounted Valuation

In terms of forward non-GAAP P/E, NOK’s 10.29x is 49.4% lower than the 20.34x industry average. Its 0.88x forward EV/Sales is 68.5% lower than the 2.79x industry average. Likewise, its 7.05x forward EV/EBIT is 58.3% lower than the 16.91x industry average.

High Profitability

In terms of the trailing-12-month EBIT margin, NOK’s 10.95% is 86.2% higher than the 5.88% industry average. Likewise, its 17.06% trailing-12-month net income margin is 484.9% higher than the industry average of 2.92%. Furthermore, the stock’s 14.62% trailing-12-month EBITDA margin is 30.4% higher than the industry average of 11.22%.

POWR Ratings Show Promise

NOK has an overall A rating, equating to a Strong Buy in our proprietary POWR Ratings system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.

At the end of the article, there is a warning about bearish markets.

https://stocknews.com/news/nok-pcti-extr-csco-now-is-a-great-time-to-buy-this-tech-stock/

23 Likes

An article about the collaboration between Nokia and Kyndryl. It seems mutually beneficial, and expectations for future success are high.

Kyndryl sees high demand for “bullet-proof” private 5G for Indus (rcrwireless.com)

Kyndryl has signed over 100 customers for private 4G (LTE) and 5G installations over the last 12 months – including Dow Chemical, which is among the first enterprises to properly-scale a private cellular solution into multiple international sites and, by degrees, into multiple different applications.

“Nokia has a beautiful booth, by the way.” Its demo shows an “integrated way” for enterprises to manage contractors on a private network – to “onboard them for security, track the work they do, and remove their clearance” after they are done. “That process might have taken a couple of days before; now it takes minutes,” says Savill.

He says: “There is no exclusivity, either side. But we have had such success over this last year – in terms of building opportunities, winning deals, expanding deployments; going from funnel creation to revenue creation – that we’ve doubled-down with new certifications, a joint innovation lab, a faster way to deploy demo kits to prove the technology. So Kyndryl is not going to shut the door on other vendors, but we are really focused on Nokia right now.”

30 Likes

I bet they’ve tweaked the max-pain calculation, because I don’t recall a single time before when it was anything other than an even dollar or $X.50 for Nokia.

edit: @sniffer my bad, there’s a tab “glitch” there and I misread it at a glance :see_no_evil:
image

“Should have gone to Specsavers”

7 Likes




Peter Clarke


@PedroClarke1

·

1m

Nokia Massive MIMO 5G comes to Northern Ireland for the first time through a deployment from operator BT/EE, the country previously having solely Huawei and Ericsson for such equipment. Alongside C-Band Massive MIMO, BT/EE Nokia 5G also includes 2100MHz, 700MHz.


Belfast Tower featuring a variety of radio equipment


BT/EE and Three section of Tower. BT/EE Nokia equipment at the centre of the image with the Nokia Massive MIMO panel above the Commscope passive

The tower has multiple users. The BT/EE Nokia Massive MIMO can be best seen at the middle of the stack close-up (Image 2).

17 Likes

How did you arrive at that 4.75 max pain when it says 4.5 now and the current price shown before it was 4.75? Did you misread it, or can you read some hidden data between the lines?

Nokia iSIM in SaaS delivery model selected by Airtel Africa to support operator’s digitalization efforts, service offering | Nokia

SaaS + Airtel Africa

Nokia today announced that Airtel Africa has selected its iSIM Secure Connect technology, in a Software-as-a-Service (SaaS) delivery model, as part of the operator’s wider digitalization efforts to offer its customers 5G and IoT-based on-demand services.

19 Likes

Things are finally starting to happen in Germany. Some pretty tough talk towards the Chinese. Bye bye Huawei and ZTE. Plenty of work for Nokia, and a hell of a lot of it :flexed_biceps:

By the way, Sale and Pekka were in the States strengthening ties a bit…

https://techniksapiens.de/der-albtraum-von-huawei-und-zte-endet-nie/

39 Likes

Yes, the large Swiss contrarian indicator bank UBS also maintained its rating for Lundmark’s Nokia as “still” neutral with a price target of 4.60 euros after the CFO’s presentation at an in-house technology conference:

https://www.defenseworld.net/2023/03/04/nokia-oyj-nysenok-stock-rating-upgraded-by-stocknews-com.html

  • Six equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock…

Or, in slightly so-called “broken” Finnish (=Google translated), like this:

  • This is reassuring in the current environment. The expert sees room for improvement in their own estimates if this share gain persists…

Another yes, especially now on the edge of the rising “fear factors” in the US…

9 Likes

Bloomberg News:

Ericsson shareholders are wondering how it could deviate from its guidelines and give massive bonuses to Vonage CEO Rory Read.
Rory Read receives more than seven times the pay compared to CEO Ekholm.

https://www.bloomberg.com/news/articles/2023-03-09/ericsson-faces-questions-for-flouting-executive-pay-guidelines?srnd=technology-vp&leadSource=uverify%20wall

9 Likes

Attention to the “new” Nokia.

https://twitter.com/felendzer/status/1633855102267150337?t=xGi4Dr3ICeNge16wcb82MA&s=19

It smells like Mavenir is having financial problems.

https://www.silverliningsinfo.com/multi-cloud/mavenir-marketeers-mauled-marketing-makeover

21 Likes

:face_with_monocle:

Nokia and CUC further collaborate on 5G fixed wireless access | Nokia

China United Network Communication Group trials the Nokia Multi Access Gateway to converge wireline and fixed wireless access, enabling CUC to deliver an affordable, reliable and seamless broadband experience to its customers in China

16 Likes

Yeah there is Nokia’s press release, I had to look up what that CUC was myself at the time, so it’s China Unicom :sunglasses:

10 Likes

A great “export promotion week” in the USA has concluded. Earlier in the week, meetings with Microsoft and Amazon, among others. And here is more for today:

(1) Andy Keiser on Twitter: “Powerful, unifying event at @FinlandinUSA with @niinisto @PekkaLundmark @RepMcCaul https://t.co/crQSbaCKaa” / Twitter

36 Likes

Deutsche Bahn bets on Huawei for railway digitalization despite security concerns

https://www.reuters.com/business/autos-transportation/deutsche-bahn-bets-huawei-railway-digitalisation-despite-security-concerns-2023-03-10/

15 Likes