TTWO
Board Highlights
Message List Post Message Reply to
this Message

MSG # GO



Rap Sheet

Author:

LongTerm CapGains

Subject:

Earnings

Date:

10/27/17 at 7:12 AM CDT

 

 

READ: 3

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4505,`10/26/17
By Jam ok

 

Re: NOKIA's earnings

Re safety of the dividend, I believe that it is safe for the next year.  I would keep an eye on the cash performance.  Currently, liquid cash stands at $3.132B. This quarter cash levels were impacted by by late receivables, several hundred million. These will raise the level when collected.  The LG patent settlement of E180M has yet to be paid and I would guess more cash infusion will happen when Opo, Huawei settle the patent disputes. That should be several hundred million euros.  All in all cash levels should rise to around $3.8B eventually.  Caveat: Remaining Cash restructuring charges will have an effect on this, I do not have a clear handle on this.

Copyright 2014 All Rights Reserved; Patent Pending