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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company’s patent licensing business. The Company’s core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company’s BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.


TSX:BB - Post by User

Post by Bullrun101on Oct 08, 2022 9:52am
224 Views
Post# 35013896

Bottom?

Bottom?

I have held a decent position in Blackberry from the smartphone days. Traded in and out on the slide down.  Built up a sizeable position when Chen was hired but have abstained from adding the last few years as growth has stalled. QNX and IOT are the holy grail but still years away.  I would have expected cyber security to carry Blackberry in terms of growth while we ramp up QNX but it too has stalled. The patent deal or lack thereof I am indifferent about but it does go to credibility of management for me. I want to believe Chen when he says Cyber is turning around but I was a shareholder when he bought Cylance and his statements at the time have not born fruit. We will not know if cyber turns around for a few more quarters. I hope he manages to do it for his legacy depends on it. The board is very polarized with those who believe Chen can do no wrong and those that see him as a fool. I am in the middle camp with a decent position under water as most but willing to hold it for the long term.  Where I am confused about is when and if I should I add more.  These levels seem extremely attractive but to be honest I am finding it difficult to invest more for I am not convinced we are done dropping nor that growth in the near to mid term will happen.

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