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The New Blackberry (TSE:BB, NYSE:BBRY)

  • Last Updated:
  • Jun 4th, 2017 4:00 am
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Deal Addict
Mar 10, 2010
1668 posts
426 upvotes
So I haven't been following Blackberry for a while, but what's changed? It seems their smartphone business is on Life Support...are they just a services company now? Why would this stock rally to $45?
Sr. Member
Jul 3, 2006
997 posts
136 upvotes
CollegeGraduate wrote:
May 17th, 2017 12:21 am
Just an update to my previous post. I think OP is sitting on 55% gain after today's gain.
I should have followed.

Anymore recommendations OP?

I think this stock will hit $20 USD sometime this year or next ...
Deal Addict
Mar 10, 2010
1668 posts
426 upvotes
J_u_n_i_o_r_3 wrote:
May 18th, 2017 4:36 pm
I think this stock will hit $20 USD sometime this year or next ...
Why? What's the catalyst?
Jr. Member
Sep 1, 2014
125 posts
40 upvotes
Toronto, ON
Vitalogy80 wrote:
May 18th, 2017 4:48 pm
Why? What's the catalyst?
iot security and all these cyber attacks are all good for bb. They always had top of the line security in their smartphones.

I'm waiting patiently for a minor dio. Going to buy NYSE bbry and would like to get in at 9.75. If it goes to 10.50 ill bite the bullet.
Sr. Member
Nov 18, 2015
514 posts
294 upvotes
Unionville, ON
Vitalogy80 wrote:
May 18th, 2017 4:16 pm
So I haven't been following Blackberry for a while, but what's changed? It seems their smartphone business is on Life Support...are they just a services company now? Why would this stock rally to $45?
I won't say I know much abt BB, but right now, our current tech industry is moving everything towards IoT. IoT is basically everything being connected to ea other from one way to another ex: Your fridge is running low on milk and it will order them to be delivered to you just before it runs out. The room lights up before you even step into it and room temperature is adjusted accordingly to your body comfort and the list goes on... BB is the leader (or somewhere close) for IoT due to their strong background in encryption and security (QNX) and they make a lot of revenue for licensing their software
[OP]
Member
Jan 10, 2016
313 posts
33 upvotes
Markham, ON
Well, I did okay. Nowhere near those who bought houses. I mean, I know someone who put down $50k, and bought the house for $500k. Sold it for $1.2m. That is 14 times in just 2-3 years.
I don't think I will ever beat that.

There is another stock that I am looking at. Or the sector at least.
Newbie
Aug 17, 2016
45 posts
4 upvotes
ValueInvestor wrote:
May 18th, 2017 10:20 pm
Well, I did okay. Nowhere near those who bought houses. I mean, I know someone who put down $50k, and bought the house for $500k. Sold it for $1.2m. That is 14 times in just 2-3 years.
I don't think I will ever beat that.

There is another stock that I am looking at. Or the sector at least.
I guess this another stock is shop?
[OP]
Member
Jan 10, 2016
313 posts
33 upvotes
Markham, ON
duwangren wrote:
May 18th, 2017 10:44 pm
I guess this another stock is shop?
Nha, it is the retail sector.
Deal Addict
Jun 18, 2008
4089 posts
2125 upvotes
Montreal
Vitalogy80 wrote:
May 18th, 2017 4:48 pm

Why? What's the catalyst?

You again? You only make an appearance whenever BBRY stock goes up? I tried to explain it to you in 2014 but it was useless, you didn't get it.
Deal Addict
Mar 10, 2010
1668 posts
426 upvotes
ottofly wrote:
May 20th, 2017 1:10 pm
You again? You only make an appearance whenever BBRY stock goes up? I tried to explain it to you in 2014 but it was useless, you didn't get it.
So are you saying I was wrong in 2014 when I said the Blackberry Smartphone was dead? How has the stock done since 2014 compared to the Nasdaq index?

It was an honest question because you don't see Blackberry anymore and really don't even hear about them and I work in IT. I'm genuinely confused what the growth is...I know security is a big area, but I wasn't sure if they were a major player or not in that area, so I was asking the question.
Deal Addict
Jun 18, 2008
4089 posts
2125 upvotes
Montreal
Vitalogy80 wrote:
May 25th, 2017 4:00 pm
So are you saying I was wrong in 2014 when I said the Blackberry Smartphone was dead? How has the stock done since 2014 compared to the Nasdaq index?

It was an honest question because you don't see Blackberry anymore and really don't even hear about them and I work in IT. I'm genuinely confused what the growth is...I know security is a big area, but I wasn't sure if they were a major player or not in that area, so I was asking the question.
I tried to tell you it wasn't about the smartphone or hardware. Everyone knew the smartphone was dead including my 11 year old nephew at the time.


John Chen was an outsider who had zero emotional connection or nostalgia to BB hardware and wanted it killed right away. It was bleeding cash and JC wanted it gone quickly. A few of the older high ranking hardcore executives convinced him to try once more to make it profitable. This is the only reason why hardware continued for another 2 years before being offloaded to TCL and wasn't axed right away, which has delayed the turnaround somewhat.

JC is all about enterprise software and licensing. This company has/had over 40,000 patents, that don't expire for another 10-15 years. In the old days, when this company was printing cash selling phones and through SAF's (service access fees) they were literally giving away these software licences for next to nothing. Certicom EEC, QNX, BES.... In the case of QNX they were getting $1.00/car. This is all changing under JC and all the licenses, royalties will be priced accordingly. The days of tens of billions of revenues from BB are gone but the profit margins on licensing and royalties are insane, over 85%. Today they will get US$940 million from Qualcomm final settlement for the over payment of royalties that were supposed to be capped. They have 2 more of these suits with Avaya and Nokia. Cash balance now well over $2 billion. Who will they buy next? Then there is BB Radar and IoT.. JC took Sybase from $5.00 to and sold it to SAP for $65. It took 12 years but the same will happen here too.
Member
Aug 19, 2016
496 posts
137 upvotes
Now now children. People are entitle to their own opinions. We have to respect each other.

Hey OP, is it too late to jump into BBRY?
Member
Aug 19, 2016
496 posts
137 upvotes
Yeah, BB is insane right now.
According to my previous posts, OP is now sitting on 70%+ return for his 1,123 shares of BB at $8.90/share. That is really good for a year worth's effort.
I estimated how many shares OP purchased plus the average cost last year.

So OP, instead of estimating, why not tell us about how many shares you actually got and the average price?

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