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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (45228)10/29/2011 1:46:54 PM
From: E_K_S  Read Replies (1) | Respond to of 78751
 
Hi Jurgis -

What about the value of their Nokia Siemens Networks segment? I remember reviewing the terms of their JV agreement and believe Siemens has first right of refusal for acquiring the division. I am not too sure how their deals are structured but in China they do have several projects. I believe there is some type of reoccurring revenues from the service side after the network infrastructure is built.

When I looked at it last year, I valued this division at between $2.00 - $3.00 per share but could be worth more to Siemans. This was their biggest asset that I found to have value but not really reflected in the share price.

Their Network Division has built infrastructure Cell systems in South America (I believe in Brazil), the mid east and have several large projects in China.

EKS

Its Nokia Siemens Networks segment provides mobile and fixed network solutions and related services to operators and service providers. This segment offers various business solutions, such as consulting and systems integration; network and service management, and charging and billing software; and subscriber database management. It also provides managed services, such as network planning, optimization, and network operations; software and hardware maintenance, proactive, and multi-vendor care, as well as competence development services; and project management, turnkey implementations, and energy efficient sites. In addition, this segment offers fixed and mobile network infrastructure, including Flexi base stations, optical transport systems, and broadband access equipment, as well as network solutions.



To: Jurgis Bekepuris who wrote (45228)5/22/2012 12:20:27 PM
From: E_K_S  Read Replies (2) | Respond to of 78751
 
Nokia Corporation (NOK) -NYSE

Value Investor Chris Davis started an investment in NOK @ $4.86 in mid April. That seems to not be working out... last $2.90 near another all time low. That's a 69% loss in less than 30 days. UG!
“Chris continues a proud family tradition – making good money”Chris is a thoroughly old school value investor who learned investing on his father's knee – who learned the same way from his father – so it's no wonder his ‘buy and hold' strategy wins big returns for his fund and has done since 1994.Chris has over 18 years of hands-on experience in investment management and securities research so he knows his way through the maze. He buys durable, well-managed businesses at a value price and holds them till they bear fruit.Chris doesn't get emotional about his holdings – he'll buy any stock he fancies, regardless of its public image – so Philip Morris, AIG and Merrill Lynch are all there even at the risk of scaring off some potential shareholders. His judgment is sound and he's gained a reputation for spotting ‘headline risk' companies with real growth potential. To Chris they're all gold, whatever color they've been painted.Chris and the Davis family, employees and directors of the Davis funds, have poured billions of their own money into the funds. They put their money where their mouth is. Factor in Chris' MA in theology and philosophy and you can see why this style of value investing appeals. He really believes in what he's doing.
Check out his current holdings here:
gurufocus.com

EKS