Posts Tagged ‘earnings’
Samsung Q1 earnings above expectations
Written by M. Hussein on April 25, 2008 – 10:54 pm
Motorola had truly bad results, Nokia wasn’t too great, but Samsung and Sony Ericsson are the stars from mobile world, with great earnings and good profits.
Today (I mean, yesterday, at Seoul, Korea), Samsung presented first quarter earnings, and in my perspective with a great outlook, with a good sales increase and beating estimates.
Yesterday (I really don’t know if I should say today or yesterday, but I am talking about the last market activity), Samsung shares rose by 4,5% to 690,000.000, with good results. As that, Monday might be a great day to the Korean Market with Samsung impulsing the whole market (Samsung have capability to conduct Korean market, as its company dimension and quantity of shares, just like LG), after earnings from liquid-crystal displays jumped to a record and profit from mobile phones surged to a four-year high. The company, whose chairman is stepping down after being charged with tax evasion and breach of duty, is projected by analysts to sustain growth as chip prices recover in the second half. Just look at the profit and look at the chairman situation
Let me remind you that the Korean Index, KOSPI, reached new 3 month highs.
First-quarter net income rose 37 percent to 2.19 trillion won ($2.2 billion), Asia’s largest maker of chips, flat screens and mobile phones, said in a statement today. Profit and sales at the Suwon, South Korea-based company beat analyst estimates.
One analyst, from this journal, Forbes, had this information:
‘The first-quarter results are really impressive. I will revise my target price for the stock again, given the company faces better seasons ahead,’ said Song Myung-sub, an analyst at CJ Investment & Securities.
He upgraded his six-month target price for Samsung Electronics to 740,000 won from 610,000 won just a month ago.
I remind you, shares closed at 690,000.000.
Have nice and good investments and also a nice weekend.
Tags: bump, earnings, estimates, expectations, q1, results, Samsung, shares, up
Posted in Motorola, Nokia, Reviews, Samsung | No Comments »
Motorola Q1 Earnings, Nokia’s Patterns and Apple
Written by Meraj Chhaya on April 24, 2008 – 10:47 pm
[Written by our financial expert, MH]
Finally we had Motorola Results, that were worst than what I was thinking of, and with that Motorola will probably continue going to lower levels.
Let me resume the story and tell you what really happened and why Motorola stocks (NYSE:MOT) didn’t fall more than 3%. and why they can tomorrow fall more than that.
Tags: analysis, Apple, bankrupt, earnings, mh, money, Nokia, patterns, q1, results, showoff
Posted in Motorola, Nokia, Reviews, exclusive | 1 Comment »
Nokia Shares Moving with Earnings Report
Written by Meraj Chhaya on April 22, 2008 – 10:34 pmSome days ago Meraj wrote about the earnings report from Nokia, which weren’t as bad as I thought, but they were horrible from the analysts’ view (as I said, what matters is the analysis from “those guys”, and not just the report).
In the same day, I had a talk with Meraj, with Google Talk (they didn’t paid me to say their name :D), and we were discussing those results and the consequent Gap Down on that day of more than 15%. I immediately told him that volatility was dominating the market, and a single report, news or even a word said by the administration of a company could make the stock move impressively.
If a report like this came last year, 2007 or 2006, the market reaction wouldn’t be too drastic and the shares would continue their upper trend. But, today is today, and yesterday was yesterday and our trading system needs to adapt to every market conditions.
As I was saying, I told Meraj, that probably Nokia would close that big Gap but just after testing the minimums again. The shares done it, touching two more times on those lows. If you ask me: Is it sufficient? Should I buy strongly the shares? Should I believe on that tendency inverting figure (yes, the last candle shows that Nokia Shares can return to the upside)?
The answer is NO, or NOT AT ALL. If you are an aggressive investor, the best thing you can do is buy at the lowest price and put a “Stop-Loss” below 28,40, because below of that zone, the market is unpredictable, as 28,40 is a big and strong support. Also the volume is diminishing as the shares continue going down, which is good, meaning that the bears pressure is lower and the possibilities of going lower are few, as many traders don’t maintain their short positions, mainly because of the Gap close possibility.
This isn’t a trading advice, or something like that. It’s up to you to decide if you buy or sell any stock mentioned.
Let’s see what Motorola earnings will show to us at 24th April!
Tags: 15%, analysis, chart, earnings, falling, Nokia, report, shares
Posted in News, Nokia, Reviews, exclusive | 1 Comment »
Nokia Q1 earnings released, Motorola next week
Written by Meraj Chhaya on April 17, 2008 – 2:00 pmNokia today released their earnings for Q1 of 2008, while Motorola announced it will release their earnings’ report on the 24th April. We expect an in-depth analysis from our resident financial expert MH by night-time, but for now, I leave you with the press release:
Tags: earnings, Motorola, Nokia, operating profit, Q1 2008, report
Posted in Nokia | 1 Comment »


