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Oh, I sold FTR a while back and posted it.
I wouldn't dare try to talk you out of lightening the position.
I did, but I did it too early.
What? Are you going to let those copper wires win?
You should be dumping that FTR and going with wireless.
I'm thinking again, it may be time to dump this stock. Based on past trends, this seems to be when it pulls back. Talk me out of it.
Nikkei looks a lot stronger than I thought it was.
http://stockcharts.com/freecharts/gallery.html?%24NIKK
Seems like some resistance at 15,200 ish.
Yeah, looks better at the moment.
Any new reasons?
IDK? Maybe it was embedded in the annual filing.
http://quote.tse.or.jp/tse_n/listing/Ekessan.asp?QCODE=9437
If this link displays, it shows a dividend of 30 instead of 3000.
You might also find a 1:100 R/S split was effective sometime last year, or a forward split? IDK?
Even some of the professional websites seem to have difficulty translating Japanese financials.
I am a bit confused.
They should have announced it in March.
LOL. Patience on the dividend, grasshopper.
I don't think they have ever failed to pay.
They are doing buybacks, too.
I might even expect an increase.
Not necessarily. I'll sell partial if I have decent profit or getting a dividend, but this stock seems to offer neither.
Don't let me stop you. I traded out a few. Of course, I know you are the all or none type. I trade around the core, and kick myself a lot.
It should have been announced already. Running out of reasons to hold this stock.
I finally received my dividends in July and December last year.
I don't remember the declaration dates.
What happened to the announced dividend back in March? They have always gone ex div in March and September.
Crisco reports after the bell. Any guesses?
I predict earnings will fall short, but forward guidance will improve.
Prediction is based on recent action in foreign markets. Too recent to improve last quarters results, but significant enough to improve guidance.
Of course, that's just a biased generalization.
Some Americans don't actually think that Obama's foreign policy is working, but they are a minority.
You have to be careful not to over-generalize.
I believe that the leftist propaganda machine has finally met it's match. Many Republicans are too honest to fall for the leftist crap. The rest are congressmen.
Can you believe the market?
It seems to be saying that Americans are clueless.
http://stockcharts.com/freecharts/gallery.html?RSX
Film at 11.
It's going up!
Best reason of all. LOL
I turn the sound off, and watch the pictures.
How can you believe any news source?
Japanese stocks in general, and this stock in particular; seem to be faring well as hedges to American ignorance and stupidity in the Tokyo overnight trading.
BTW, I am short US treasury bonds.
So yesterday was a new 52 week low in the US Dollar verses other currencies?
http://stockcharts.com/freecharts/gallery.html?UUP
IDK? I only do technicals on stocks. What would I know about currencies and commodities?
Somebody needs to put the fun back into fundamentals.
This guy says it better than I ever could.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101669794
So far, the prediction that he would invade Ukraine is wrong.
Putin, on the other hand, predicted that they were on the verge of a civil war, which he wanted to stop, has been correct.
The Western Powers have done nothing to protect the separatist protesters from the aggressive nationalists.
No, it's as if they get into a major war, investors in the US may pull their money and effect their economy.
It's mostly because the Russians are perceived as printing a lot of money to sustain their economy. It seems to be an incorrect perception, as they do a lot of drilling.
Watch the Ruble verses the Dollar.
Economics can be fun and profitable.
Hard to say. Perhaps that's overvalued over there?
I've been stuck there since before the Olympics.
I am just recovering some heavy losses.
But, there's always a big but.
The PE on the index is about 6. I would jump through a lot of hoops to get that for an average PE of my holdings.
I don't know I'd be investing in Russia though.
Drill, baby drill! (Republican version)
Tax, baby Tax! (Democrat version)
Print, baby Print (Fed Version)
We are headed for energy poverty because of fracking laws, and coal restrictions. I've been saying it for months. I could be wrong. There could be many other contributing factors. IDK?
Have you read all the talk over law HR 2847? Some are claiming it will take down our currency on 7/1/14.
I've wondered for a while now how are Gov't gets out of the mess they are creating.
Maybe Obama can print more and make himself look like a fool in public?
RSX is jumping.
I don't think it's a matter of if, but when our currency pays the price for poor domestic economic and energy policy, and lousy foreign affairs.
It's one thing to sit back and say "Russia will invade"
It's quite another to sit back and watch a civil war unfold because they didn't.
So you think our currency is screwed?
A funny thing about the dollar.....
Last week I was watching CNBC, and they said about 90% of professional money managers are short the T-Bond.
They said the trade was "done" because there was nobody left on the sell side. Enter the currency fail and foreign names.
I found another reason to hang on.
http://stockcharts.com/freecharts/gallery.html?UUP
Of course you could buy your dollar hedge more directly.
Sure. Once they get rid of that albatross.....
Any reason to hang on?
Did they release that, yet?
Anyway, looks like were moving above the consolidation.
Go DCM!
I finally took the plunge, and got some last week.
Oil bug bit me today, and I bought some UCO.
As a side note, It's an ADR.
I think the "sponsor" is responsible for forwarding releases.
Their paperwork seems to get lost in the shuffle.
Remember? I found their annual report in London, and nothing in the American Press. I don't know who is more incompetent: IR or the American Press.
Typically, in March they state their Ex date.
I have been thinking about trading the range while I wait.
Their calendar shows payment of divis without announcements.
IDK?
https://www.nttdocomo.co.jp/english/corporate/ir/event/calendar/index.html
That's funny. I'm thinking of dumping it and being happy with breaking even.
Yes, it really does. Then on to $25, IMHO.
DJ Tata DoCoMo: Another Promising Marriage Falls Apart -- WSJ Blog
6:52 AM Eastern Daylight Time Apr 25, 2014
By R. Jai Krishna
After five years of trying to conquer one of the most competitive telecommunications markets in the world, Japan's largest cellular operator, NTT DoCoMo Inc., is planning to pull out of its Indian venture with Tata Teleservices Ltd.
The Japanese giant invested about $2.7 billion for a 26% stake in Tata Teleservices in 2008 with big plans to bring its cutting-edge wireless services to the booming Indian market. Today the two sides are looking to break up. The Indian market isn't growing as fast as it once did and DoCoMo's technology failed to give the venture enough of an edge.
When NTT DoCoMo entered India, millions of new customers were signing up for cellphones every month.
Battling to attract first-time phone users, Tata Teleservices helped launch a price war. Other operators followed, but at the cost of profitability.
"Competition is too high," said Jayesh Kumar, a telecom analyst at Mumbai-based brokerage Kotak Securities. "They were not profitable in the business."
Added to the stress on the industry: A 2012 judgment by Indian Supreme Court canceled more than 100 cellphone permits, citing corruption in their allotments in 2008. That judgement put in jeopardy the billions of dollars that foreign cellphone companies had invested in India.
Some operators, such as Emirates Telecommunications Co. and Bahrain Telecommunications Co., decided to shut shop. Others including Telenor, Sistema and Tata DoCoMo were forced to scale down their operations and improve profitability.
Tata Teleservices also had a unique problem: Its operating costs were higher than is rivals because it provides cellphone service using two different kinds of technologies, company officials say. This meant double the bandwidth charges, and also increased marketing and sales expenses.
Another analyst said Tata Teleservices' ability to raise cash for expansion, and its huge debt of more than $4 billion, may also have been a growing concern for NTT DoCoMo. "There was always a concern that staying (in the venture) would also mean more capital to be infused," said Shobhit Khare, telecom analyst at Motilal Oswal Securities Ltd.
This will be the second recent high-profile exit of a Japanese company from the Indian market. The century-old Japanese drug firm Daiichi Sankyo Co. said April 7 it was selling its stake in the Indian pharmaceutical company Ranbaxy Laboratories Ltd. after losing billions of dollars when many of its products were blocked and declared unsafe by the U.S. Food and Drug Administration.
DJ Who Would Want to Buy Tata DoCoMo? -- WSJ Blog
9:05 AM Eastern Daylight Time Apr 25, 2014
By Kenan Machado
If Japan's NTT DoCoMo wants to unload its stake in Tata Teleservices, analysts say there are likely only a few potential buyers out there.
On Friday, NTT DoCoMo said it plans to sell its stake in Tata Teleservices Ltd.--an Indian telecommunications firm that was struggling to make profits amid fierce competition in India.
Its partner, the Indian conglomerate Tata group is also looking to withdraw from the venture which used the brand name Tata DoCoMo people familiar with the matter told The Wall Street Journal.
It isn't quite the sellers market right now. India is struggling through a period of stagflation and the future is uncertain as the country is in the middle of a heated national election.
The telecom market is suffering from tiny tariffs and low data usage despite the steep fees charged by the government for radio bandwidth. The high fees have led to massive debt piling on the balance sheets of most wireless firms.
The ones without deep pockets have to either shut shop, shrink or sell. Right now there are only a handful of companies with the cash to buy into Tata Teleservices.
"Buyers would be a few as the business is loss making and highly leveraged," said Naval Seth an analyst for stock broker Emkay Global Financial Services Ltd.
Despite the problems, some analysts said buying DoCoMo's stake and even the Tata group's stake could make sense for some phone companies if the price is right.
"With a 7.5% revenue market share, Tata Teleservices is an attractive asset," for either a new entrant hoping to crack the Indian market or an existing large player looking to add market share, said an analyst who asked not to be named.
Some analysts said the asset could be a good match for Reliance Industries Ltd., which is looking to expand its presence in the telecommunications sector.
Its new telecom venture, Reliance Jio Infocom Ltd., is planning to launch its phone services based on fourth-generation radio waves this year.
A Reliance spokesman would not comment on market speculation.
Vodafone Group PLC and Bharti Airtel Ltd.--India's top two telecom companies-- could also look to buying the venture to add scale, analysts add.
In the six regions in which the DoCoMo and Tata venture has more than a 10% market share, Vodafone has a market share of more than 20% making it an attractive target for the British giant, Emkay's Mr. Seth said.
Both Vodafone and Bharti in the past have stated their willingness to grow through acquisition in the Indian market.
In February, Bharti Airtel did a $113 million deal to acquire smaller rival Loop Mobile India Pvt. In early April, V odafone bought out its minority shareholders in the Indian venture in a deal worth more than $1.5 billion.
Vodafone and Bharti spokesmen could not be reached Friday.
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