Trump reitera prazo para destruir estruturas do Irão mas diz que há hipótese de acordo

[F.VIEIRA]

DT, desde Agosto já subiu 32%,é obra!!!Parabens a quem apostou.Eu pela minha parte tenho q dar a mão à palmatória,pq apesar de sp considerar uma super empresa não esperava esta subida.E agora??Têm a palavra...
Cumprimentos e bom fim semana.

[Keyser Soze]

21 Aug 2006 08:15 GMT

Deutsche Telekom shareholder German govt expects co's new strategy in autumn

FRANKFURT (AFX) - The German government, a major shareholder of Deutsche Telekom AG, expects that in autumn the company's executive board will present a strategy to improve profits Handelsblatt said, citing finance ministry sources.

"We still expect the Telekom board will present a strategy in autumn, one which will bring the company back to the forefront," the newspaper cited its source as saying.

Deutsche Telekom normally presents a two-year outlook whenever it publishes third quarter results in autumn.

The government, which holds a 31 pct direct and indirect stake in Deutsche Telekom, is represented on the company's supervisory board by the finance ministry.

On Aug 10, Deutsche Telekom had cut its operating income and sales forecasts for 2006 and 2007 as second quarter results missed expectations due to fierce competition in all three business areas -- mobile, fixed-line and business customer.

The German media has lately been rife with speculation that some of the company's influential shareholders, like US private equity fund Blackstone, do not want to extend the CEO contract of Kai-Uwe Ricke.

Focus weekly said the German government is also unhappy with the way the company's share price has dropped recently.

Ricke's CEO contract is due to expire in the autumn of 2007 and in Germany normal practice dictates that one year before a contract expires a decision should be made on whether or not to extend it.

Handelsblatt today cited DWS investment fund managing director Klaus Kaldemorgen as saying that changing the management board at this point would not be good for the company.

"We believe that it would be a mistake because a lot of time would be lost. Mr Ricke and his team understand the market and one has to give them the opportunity to do everything in the face of very tough competition," Kaldemorgen said.

marilyn.gerlach@afxnews.com

Deutsche Telekom May Name Obermann CEO, Person Says (Update1)

By Kenneth Wong

Nov. 13 (Bloomberg) -- Deutsche Telekom AG, Europe's biggest phone company, may name Rene Obermann as chief executive officer after Kai-Uwe Ricke stepped down yesterday, said a person with knowledge of the plans.

Obermann, the 43-year-old head of the T-Mobile wireless unit, accepted the job and the non-executive board may approve his appointment at a meeting today, said the person, who declined to be named before an announcement. The Bonn-based company said yesterday it ``reached agreement'' with Ricke on his resignation, a year before his contract ends.

Ricke's departure comes four days after Deutsche Telekom said third-quarter profit declined 20 percent as wireless earnings fell and the loss of fixed-line customers accelerated. Deutsche Telekom, which is cutting 32,000 German jobs, trails European rivals in trimming positions as the Internet reduces demand for traditional phone calls.

``The new CEO will have to work hard on growing revenue in the domestic call business,'' said Colin Kingsnorth, a London-based fund manager at Laxey Partners Ltd., which owns more than $129 million of Deutsche Telekom shares. ``He needs to work out how much flexibility he has as a CEO in balancing the different interests of shareholders, the government and employees.''

Deutsche Telekom spokesman Mark Nierwetberg declined to comment on Obermann. ``The supervisory board will discuss, and may resolve on, Ricke's succession as CEO in a meeting tomorrow,'' the company said in its statement last night.

`Best Manager'

Obermann would be the youngest among the 30 CEOs of companies that form Germany's benchmark DAX Index, which has $1 trillion in market value. Deutsche Presse-Agentur earlier reported that Obermann will probably be named CEO.

``Obermann is the best manager they have,'' said Frank Rothauge, an analyst at Sal. Oppenheim Jr & Cie. in Frankfurt. ``He's the only internal choice.''

The former monopoly's loss of traditional phone customers accelerated in the third quarter to more than half a million lines, bringing the decline in the first nine months to 1.5 million connections. Customers are defecting to cheaper providers such as Vodafone Group Plc's Arcor AG unit and sellers of Web-based technologies.

The T-Com fixed-line unit is headed by Walter Raizner, a former International Business Machines Corp. executive picked by Ricke two years ago to restore growth at the division. T-Com's revenue has fallen every quarter since. Headhunters are already seeking a new job for Raizner, Financial Times Deutschland reported today, citing an unidentified person familiar with the plan.

Ricke, who said he had the ``full mandate'' of the supervisory board on Nov. 9, is the second major CEO in Germany to lose his job in a week. Volkswagen AG, Europe's largest carmaker, on Nov. 7 announced CEO Bernd Pischetsrieder will be replaced by Martin Winterkorn, head of the Audi division.

Mobile Slowdown

At T-Mobile, Obermann was in charge of cutting expenses by 1 billion euros last year and shedding 1,500 jobs. In September, he was given the additional task of taking charge of sales and distribution for all Deutsche Telekom services in Germany.

``This industry is not just about growing any more,'' Obermann said in interview in August last year. ``It's about managing efficiencies.''

Deutsche Telekom, which employs 250,000 people, has completed about a third of its three-year plan to shed 32,000 jobs at a cost of 3.3 billion euros ($4.2 billion). The workforce is more than twice that of U.K. counterpart BT Group Plc.

Ricke, 45, last week announced plans to reduce the company's annual cost base by 2 billion euros next year and reach annual savings of 5 billion euros by 2010 through smaller marketing budgets and making company units share more resources. The CEO had slashed forecasts for sales and profit in August.

Growth at the T-Mobile division is slowing as European markets become saturated and U.S. competition intensifies. In the third quarter, T-Mobile's adjusted earnings before interest, tax, depreciation and amortization fell for a second period, and customer additions in Germany, the U.K. and the U.S. lagged behind analysts' estimates.

ABC Telekom

Shares of Deutsche Telekom have lost 6.8 percent this year, the worst performance on the 24-member Bloomberg Europe Telecommunication Services Index this year. The company has a market value of 57.8 billion euros.

Ricke became CEO in November 2002, the day Deutsche Telekom posted Europe's biggest quarterly loss ever because of 22 billion euros in writedowns from predecessor Ron Sommer's purchase of high- speed wireless licenses and VoiceStream Wireless Corp. in the U.S. Deutsche Telekom's debt had swelled to 64 billion euros.

Obermann joined Deutsche Telekom in 1998 and became a board member as well as head of T-Mobile in 2002. He built the U.S. mobile division into Deutsche Telekom's fastest-growing unit by offering e-mail devices such as the Blackberry.

T-Mobile USA, the fourth-largest U.S. wireless operator, last month announced plans to spend 2.1 billion euros on a high-speed network after paying $4.2 billion for licenses. The U.S. unit reported a 10 percent increase in third-quarter revenue. Revenue from all of Deutsche Telekom's wireless units totaled 23 billion euros in the first nine months of the year, accounting for 51 percent of the company's sales.

`Real Fighter'

The German government owns 31.7 percent of Deutsche Telekom, including a 16.9 percent stake held by development bank KfW Group. Blackstone Group LP, a New York-based private equity firm, bought a 4.5 percent stake in Deutsche Telekom in April.

Obermann's career began when he co-founded ABC Telekom, a retailer of answering and fax machines, as a 23-year-old student at the University of Muenster in Germany. He ran the company from his apartment and later rented a 60-square-meter office with a double garage. At the time, ABC had several retail outlets and about 20 franchise retailers.

Hong Kong billionaire Li Ka-Shing's Hutchison Whampoa Ltd. bought ABC in 1991, after the company had grown to 20 million deutsche marks ($13 million) in annual revenue and 60 employees.

``The German business back then wasn't that big and glamorous, but he was a real fighter,'' Canning Fok, Hutchison Whampoa's managing director since 1993, said of Obermann in an interview last year.

Married with two daughters, Obermann is the youngest member of Deutsche Telekom's management board. He earned 1.5 million euros in salary and performance-related pay in 2005. Ricke received 2.6 million euros.

To contact the reporter on this story: Kenneth Wong in Berlin at kwong11@bloomberg.net .
Last Updated: November 13, 2006 01:42 EST

http://www.bloomberg.com/apps/news?pid= ... er=germany

[F.VIEIRA]

Mitrolas era bom era mas não me parece que vá para esses valores.Esta subida devem ser os curtos a fecharem posições...O que te parece??

[valves]

Uff ... assim estou descançado e posso afirmar com tranquilidade que todos os conselhos que dei em 2006 foram 100 % certos estou a escrever menos pq tenho menos tempo para a escrita ...

Cumpts a todos e bons negocios

[MITROLAS]

temos grandes fundos a fecharem as posições curtas...
short squeeze qdo atingir os 14 euros!!!

[Keyser Soze]

Equities: Vodafone (VOD LN) and T-mobile (DTE GY) discuss sharing, developing network.

[mjaguiar]

Carissimos,

seguindo os "vossos doutos" concelhos acabei de reforçar a minha posoção na DT!. Agora ja so estou a perder cerca de 2/3 do meu investimento! ( )

(e tambem tentei comprar PAD a .23 mas levei sopa)

[Horaclito]

Quem é que anda a colocar stops a 11,50/1/2, que tristeza!...o caminho é para cima e não para baixo , depois digam que foram stopados

Cumps

[Horaclito]

Up Up...HSBC

Cumps

[Keyser Soze]

23 Aug 2006 06:06 GMT

MARKET TALK: HSBC Cuts Deutsche Telekom Target Price
0606 GMT [Dow Jones] HSBC cuts Deutsche Telekom (DT) notional target price to EUR10.20 from EUR12.50. Brokerage has concerns about investment cuts, which it believes would threaten the company's German recovery plan. Furthermore HSBC says it sees no clear plan for business in the US. Keeps underweight rating. Shares closed at EUR11.57. (HAD)

[F.VIEIRA]

A queda da DT foi muito grande por isso esta recuperação parece-me mais um pullback,um respiro de alivio,mas cada um sabe qual a melhor estratégia.A nossa PTM esteve a 140 euros e veio para os 4.95!!!Embora considere a DT uma super empresa, msas os gra´ficos dizem tudo,ela está em bear market nitido.
Cumprimentos

[mjaguiar]

Boa tarde a todos

Sendo novato nestas andanças do caldeirão já tenho alguns anos (bastantes mesmo) de investir alguns €€ na bolsa. Das que me deixaram mais "queimado" ( e não chamuscado) foram as ações da Deutsche Telecom. fui um daqueles pategos que comprou a 63.5€ (obra e graça da "deligente" indicação do meu gestor de conta do Banco7).
Gostaria de vos pedir a opinião:devo comprar mais para minimizar os estragos ou continuar a esperar para diminuir o "precepicio"?obrigado pela juda que me possam prestar

mjaguiar, em minha opinião tem agora uma boa oportunidade para fazer média.
A DT é uma grande empresa (que vai passar também por um downsizing e outras reestruturações) e que remunera bem os seus accionistas, além disso nunca se sabe...não me admirava se aos preços actuais não surgissem OpAs

Cumps e BN.

"Merci beaucoup" Horaclito, ja tentei hoje comprar a 11,20€ mas tou com um ligeiro problema com o meu "querido" banco (dizem que tenho saldo negativo, embora tenha saldo disponivel para comprar "algumas" accções.
Acho que vou mesmo tentar baixar o preço médio.

Um abraço.

Mário Aguiar

[Horaclito]

Boa tarde a todos

Sendo novato nestas andanças do caldeirão já tenho alguns anos (bastantes mesmo) de investir alguns €€ na bolsa. Das que me deixaram mais "queimado" ( e não chamuscado) foram as ações da Deutsche Telecom. fui um daqueles pategos que comprou a 63.5€ (obra e graça da "deligente" indicação do meu gestor de conta do Banco7).
Gostaria de vos pedir a opinião:devo comprar mais para minimizar os estragos ou continuar a esperar para diminuir o "precepicio"?obrigado pela juda que me possam prestar

mjaguiar, em minha opinião tem agora uma boa oportunidade para fazer média.
A DT é uma grande empresa (que vai passar também por um downsizing e outras reestruturações) e que remunera bem os seus accionistas, além disso nunca se sabe...não me admirava se aos preços actuais não surgissem OpAs

Cumps e BN.

[Keyser Soze]

21 Aug 2006 08:15 GMT

Deutsche Telekom shareholder German govt expects co's new strategy in autumn

FRANKFURT (AFX) - The German government, a major shareholder of Deutsche Telekom AG, expects that in autumn the company's executive board will present a strategy to improve profits Handelsblatt said, citing finance ministry sources.

"We still expect the Telekom board will present a strategy in autumn, one which will bring the company back to the forefront," the newspaper cited its source as saying.

Deutsche Telekom normally presents a two-year outlook whenever it publishes third quarter results in autumn.

The government, which holds a 31 pct direct and indirect stake in Deutsche Telekom, is represented on the company's supervisory board by the finance ministry.

On Aug 10, Deutsche Telekom had cut its operating income and sales forecasts for 2006 and 2007 as second quarter results missed expectations due to fierce competition in all three business areas -- mobile, fixed-line and business customer.

The German media has lately been rife with speculation that some of the company's influential shareholders, like US private equity fund Blackstone, do not want to extend the CEO contract of Kai-Uwe Ricke.

Focus weekly said the German government is also unhappy with the way the company's share price has dropped recently.

Ricke's CEO contract is due to expire in the autumn of 2007 and in Germany normal practice dictates that one year before a contract expires a decision should be made on whether or not to extend it.

Handelsblatt today cited DWS investment fund managing director Klaus Kaldemorgen as saying that changing the management board at this point would not be good for the company.

"We believe that it would be a mistake because a lot of time would be lost. Mr Ricke and his team understand the market and one has to give them the opportunity to do everything in the face of very tough competition," Kaldemorgen said.

marilyn.gerlach@afxnews.com

[Keyser Soze]

21 Aug 2006 05:45 GMT
=THE SKEPTIC: Blackstone's Call On DT
(This story was originally published Friday)
By Robb M. Stewart

A DOW JONES NEWSWIRES COLUMN


LONDON (Dow Jones)--A lot of head-scratching has gone into trying to puzzle out Blackstone's EUR2.7 billion investment in Deutsche Telekom, particularly with the recent sharp decline in the company's share price.

The private equity firm bought a 4.5% stake in the German telco in late April, sparking speculation it was going to launch a leveraged bid for the company.

That thinking has since been quashed.

Insiders say Blackstone approached the German government about the possibility of buying a stake early in the year, and was only looking for a 4.5% interest. Blackstone also has locked itself in for two years.

Besides, the German government and state-owned bank KfW together own 32% and are locked up for a year. And a leveraged buyout would be difficult to structure given the already relatively high leverage of DT, even in the current buoyant leveraged loan market.

So what was Blackstone's motive?

As many observers have noted, the value of the stake has dropped considerably since it was bought. DT's shares have fallen more than 20% since Blackstone and Deutsche Telekom announced the deal, cutting around EUR540 million in value from the 4.5% stake.

Of course, that's on paper since Blackstone has agreed not to sell for a couple years.

And it isn't so clear cut. Reports suggest the stake was highly leveraged, with Blackstone only putting up 15%. Assuming average interest on the remainder in the mid-single digits - covered in part by a 6.67% dividend yield on the stock - then the decline in the value of Blackstone's investment is less than the EUR540 million it would have been if it had paid for the stake entirely with own equity.

Still, the value has undeniably declined - as have expectations for DT since last week, when it issued a surprise profit warning, cutting its core earnings and sales forecasts for this year and next.

It could simply be a large gamble by a company struggling to invest the huge pool of capital it has raised. Blackstone may, not unreasonably, expect Europe's largest telco to be able to fight back against competitors over the next two years and resume a growth track.

Still, it's unlikely as things stand that would translate into the sort of return expected on a private equity investment.

So, some have suggested that Blackstone will seek to exert pressure on management through its supervisory board seat. But while DT will doubtless turn to Blackstone for guidance on areas such as M&A, it's less likely that one of 20 seats will be able to push DT to sell off sizable assets and ramp up its dividend.

That doesn't leave many other interpretations unless one accepts that Blackstone may have made a political investment by buying into DT.

It did, after all, buy the stake directly from KfW at a price higher than it would have had to picking up shares in the market. By doing so, though, it helped KfW avoid placing the shares.

And this may be important goodwill in Europe's largest economy. Playing a helpful role will help allay criticism of buyout firms in Germany and bolster Blackstone's reputation, which may in turn pay dividends when it seeks to pick up future assets.


(Robb M. Stewart, founder of the Skeptic column in 2001, has reported for Dow Jones Newswires since 1997 from Sweden and the U.K. He can be reached at robb.stewart@dowjones.com)

[englishman]

Olá, investidores da DTE.

A DTE é um caso que nos revela muito bem, duas das máximas em Bolsa:

1. Não comprar um título, unicamente, para obter dividendo;

2. Não comprar um título, porque está barato.

De facto, o gráfico é "assustador" onde em 3 de Março de 2000 atinge um máximo de 104 euros por acção e um minímo em valores próximo dos 8 euros em Outubro de 2002.

Para quem está dentro o melhor será "gerir" a situação da melhor maneira possível ("à moda" de cada um) pois já saiu do controlo...

Deixo aqui algumas informações da DTE (talvez sejam úteis) e o "target" para os próximos 3 meses.

Aqui vai, então...

Abraços e boas decisões.
EnglishMan

[glouro]

Muitos houve que embarcaram em 2000 na OPV da DT a Eur 63.50 ,baixei o meu preço medio para Eur 45 a duvida é para quanto terei que baixar mais para sair sem menos valias deste investimento .
Qual é o price target a 6 e 12 meses , acreditam que podera ultrapassar os Eur 20 ??

Cmps

Glouro

[mjaguiar]

muito obrigado pelas dicas, como veem ainda existem muitos credulos.
Eu tou a pensar comprar para baixar o preço médio e tenho observado que elas oscilam entre os minimos actuais e os 14/15€. A duvida que tenho e:devo comprar agora ou esperar que caia mais?
obrigado a todos

[jarc]

Quem sabe se estas quedas não varreram de vez os bears que andavam com elas na mão? Para quem entrou bem nada como estar atento aos 11.15.

[fiódor]

Se houver perspectivas de valorização, tens de fazer contas a ver se te compensa baixar o preço médio. Mas para tal tens de estar disposto a enterrar mais $ na mesma coisa...

Cumps

Fiódor

[SMarq]

mjaguiar

Na minha opinião serão necessários mais de 5 anos para voltar a esses valores, não digo isto para desanimares, mas é a minha opinião.

Penso que as telecomunicações estão a passar tempos dificeis, mas a recuperação poderá estar para breve, apesar que a France Telecom é a minha favorita, sem estar ainda dentro.

Muita gente deve estar aguardar a estabilização e recuperação deste sector, mas nunca para esses valores.

cumprimentos,
SMarq

[Garfield]

80% de prejuizo!?!? bolas!!! bolas!!! espero que a gestora tenha merecido esse "automovel"

mais uma prova de que os stop losses dão muito jeito e de que devemos traçar de inicio o limite da perda caso ela ocorra e nunca nunca nos enamorarmos pelo titulo em carteira.

claro que ao custo há que somar os dividendos obtidos que de alguma forma aligeiram as perdas.

[mjaguiar]

Exacatamente a 63.5€ (sessenta e três euros e cinquenta centimos), mas isto foi ja a cerca de 5 anos! (sou optimista ou não?).A ideia que me venderam era que ao fim de um ano seriamos beneficiados cum 1 accçaõ por cada 10 em carteira.Para me tentar animar eu imagino que comprei um popo (que numca andei com ele) e que hoje em dia e o que lele vale!!!

[SMarq]

mjaguiar
desculpa mas compraste a quanto!!?

[mjaguiar]

Boa tarde a todos

Sendo novato nestas andanças do caldeirão já tenho alguns anos (bastantes mesmo) de investir alguns €€ na bolsa. Das que me deixaram mais "queimado" ( e não chamuscado) foram as ações da Deutsche Telecom. fui um daqueles pategos que comprou a 63.5€ (obra e graça da "deligente" indicação do meu gestor de conta do Banco7).
Gostaria de vos pedir a opinião:devo comprar mais para minimizar os estragos ou continuar a esperar para diminuir o "precepicio"?obrigado pela juda que me possam prestar