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Author:

LongTerm CapGains

Subject:

Earnings

Date:

02/01/19 at 5:37 PM CST

 

 

READ: 4

RPLY: 1

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4905,`01/31/19
By Jam ok

 

Re: Nok - 5G

I too was disappointed with the mediocre 2019 guidance.  It is clear that the cycle has begun, so is management finally managing expectations (i.e. setting the bar low) or are they meeting strong challenges in the Industry?  On one hand, Huawei is getting shut out of deals across several countries, which leaves Ericson and Nokia to divide the spoils, then on the other hand the up cycle is clearly starting, albeit slowly.  Therefore, it just does not make sense.  I can understand if the next 3 to 6 months won’t be a major ramp up in revenues, but it should not be a flat comparison YoY.  I would have expected a slow but steady ramp in revenue growth for 2019, then an acceleration in 2020.

So maybe I am being stubborn but I will continue to hold my position.

 

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