Nokia time to break out? 诺基亚有没有爆发的​​潜力？

Introduction

Nokia$诺基亚(NOK)$ has been through such a tumultuous journey since 1990s from being the leader in the mobile phone industry to having selling the division to Microsoft$微软(MSFT)$ in 2015. Probably the only thing the company did right was to continue on expanding in the cable network especially in 5G technology.

 The company now operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The imminent 5G technology to bring us forward to next leap of internet age is proving the salvage for this centuries old company.

 5G Future

 Nokia is in an interest point in history of 5G roll out. The global economy wind suddenly changed from liberalism to protectionism. Huawei who has been pioneering and very aggressive with their 5G network contracts all over the world faced sanctions from various countries (e.g. Australia, UK, US, Sweden) due to supposedly national security concerns. This, to some extent created opportunity for Nokia.

 In reality though, could Nokia really fill in the gaps left by its formidable rival? Besides Huawei, there are still other players including Ericsson and Samsung. Recently it lost to Verizon$威瑞森(VZ)$ to supply 5G equitment contract to Samsung. There is also the problem of chipset choice that may squeeze its profit margin. Nevertheless, Nokia is marching ahead with 5G technology, including helping its existing clients to transition from 4G to 5G. Undoubtedly, 5G deployment is going to pick up pace and Nokia should be able to benefit and get a piece of the pie.

 Finance

 Financially, is Nokia a company to invest in? That is a billion dollars question. It has a market capitalisation of roughly $30.9 billion, with 5.6 billion outstanding shares. Last quarter's (Q12021) showed net sales increased 3% year over year to slightly below $6.2billion. Most divisions reported declining revenues. The saving grace isrevenue from the network infrastructure division, which includes its 5G equipment arm, increased by 22% year over year. It was the only division to report double-digit percentage growth.

 Share Price

 The spike in Nokia share price in 27 Jan 2021 to $9.79 seems like an anomaly with more than 1 billion shares traded. But since then the price declined and stayed below $4.30 until 29 April. Its price is now in the range of $4.60 to $5.69. The retracement from 8 June seems to have found support $5.15. Yesterday (25 June) breakout with high volume would be interest to monitor in the next few days. If sustain above $5.50, there will be a chance to reach $9 area. The nearest support would be $5.15 or $4.60.

 So, does Nokia has the potential to break out?

Nokia attempt to break out, will it succeed?

Disclaimer: This is sharing for educational purposes. Please do your own due diligence in your trades.

诺基亚自 1990 年代以来经历了如此动荡的旅程，从手机行业的领导者到 2015 年将该部门出售给微软。 可能该公司唯一做对的事情就是继续在网络设施进行扩张，尤其是在 5G 技术方面。 该公司现在通过四个部门运营：移动网络、网络基础设施、云和网络服务以及诺基亚技术。即将到来的 5G 技术将我们带入互联网时代的下一次飞跃，这也许是了这家历史悠久的公司的救星。

诺基亚现处于 5G 推出历史上的一个分水岭。近几年全球经济风从自由主义转向保护主义。华为在世界各地的 5G 网络合同中一直积极开拓，但所谓的国家安全问题，华为面临着来自不同国家（例如澳大利亚、英国、美国、瑞典）的制裁。这在一定程度上为诺基亚创造了机会。 但实际上，诺基亚真的能填补其强大竞争对手留下的空白吗？除了华为，还有爱立信、三星等其他玩家。最近，它在向Verizon提供 5G 设备合同方面输给了三星。还有诺基亚可能因为芯片组选择而面对其利润率被挤压的问题。尽管如此，诺基亚正在推进 5G 技术，包括帮助其现有客户从 4G 过渡到 5G。毫无疑问，宏观上5G 部署将加快步伐，诺基亚应该能够从中受益并分得一杯羹。

金融 在财务上，诺基亚是一家值得投资的公司吗？这是一个十亿美元的问题。它的市场资本总额约为 309 亿美元，流通股为 56 亿股。上一季度（2021 年第一季度）显示，净销售额同比增长 3%，略低于 62 亿美元。大多数部门报告收入下降。优势在于网络基础设施部门（包括其 5G 设备部门）的收入同比增长 22%。它是唯一报告两位数百分比增长的部门。

诺基亚股价在 2021 年 1 月 27 日飙升至 9.79 美元似乎异常，交易量超过10 亿股。但此后价格下跌并一直保持在 4.30 美元以下，直到 4 月 29 日。它的价格现在震荡在 4.60 美元到 5.69 美元之间。 6 月 8 日的回调似乎找到了5.15 美元的支撑。昨天（6 月 25 日）的高成交量突破值得将在接下来的几天关注。如果维持在 5.50 美元以上，将有机会达到 9 美元区域。最近的支撑位是 5.15 美元或 4.60 美元。

那么，诺基亚有没有爆发的​​潜力呢？

免责声明：这是出于教育目的的共享。

@小虎AV @爱发红包的虎妞