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Nokia Buyback
As of Friday August 25th Nokia had purchased 153.3M shares for a
total of E746.2M
It has continued to buy in the open market averaging E6M per day
or about 1.1M shares daily
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Thanks for the update. Unfortunately it doesn't seem to help the
stock. Maybe more patience is needed.
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Author:
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Jester
Debunker
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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08/30/17 at 9:50 AM CDT
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The stock is consolidating the 50% move it had from $4.08 to
$6.55
Fundamentally speaking there are few catalyst till next year.
Matbe Huaweii agrees to sign a patent licencing agreement
before year end, but it could also slip into next year, assuming
they do not go the litigation way.
The rest of this year is rather quiet. Next year should be
the start of a modest ramp in revenue and profit growth.
Next year, Verizon and ATT will start deployiung "Fixed" 5G
wireless to the last mile, so that should help, but I suspect it
will be on a slow ramp into the future. Cellular 5G is more towards
the end of the year and that too will be a slow ramp up, picking up
pace into 2019 and beyond.
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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08/31/17 at 7:09 AM CDT
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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08/31/17 at 7:47 AM CDT
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0
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