BlackBerry Ltd T.BB

Thanks mr Chen for saving blackberry!!!

[nellybb]

John Chen stepped in the line of fire and rescued Blackberry from bankruptcy and a fate like Nortel Networks which was sold off and auctioned in pieces including all is IP and patents. In Nov 13, 2013 John Chen took helm of Blackberry and shortly after the company announced its Q3 2014 in December 2013 and the company lost 380,000,000 in that quarter. It's revenue was 93% from selling phones and charging service access fees. Only 7% of is revenue was from software. Today, exactly 10 years later Blackberry revenues is 100% from software and IP licensing. They are also expected to make a profit, show revenue growth and be cash flow positive for fiscal year 2024. John Chen transitioned the company to software and positioned it for growth especially in the IoT, but we he faced serious headwinds with Covid causing factory shut downs, chip shortages, and support chain problems. In Q4 2024 we will truly see what seeds John Chen and team planted. It's going to be phenomenal.

[Joey67]

BB had 3 billion in cash and owned tens of billions of hard and soft assets.  We were not going bankrupt. Now we own nothing for Chen sold it all to pay for his bonuses.  Shame on Chen. 

[hk1966]

Yes goodbye and good riddance. Not a moment too soon. Thanks for nothing...literally 

[brennen44]

ON IGNORE    FOOL

[SundREZ69]

This post has been removed in accordance with Community Policy

[calgarykewlboi]

Sure he is. That clown was touting 10 baggers here 10 years ago and look what that got him. The guy is a total idiot  who doesn't know the first thing about value in investing. I'd hate to see his portfolio is his track record here is any indication 

[calgarykewlboi]

You're just as delusional as ever. What happened to your ten bagger you goof?  Or did you forget about all theb lies and hype you peddled here along with your bum buddy Yasch to sucker more people into this dog.  You haven't a shred of decently to admit you made a bad investment and overestimated Chens abilities. Instead, as expected, you come out here and put some bullshit

[SundREZ69]

NELLY HAS BEEN CONS SIDE KICK FOR YEARS, NINA White-Ivy head of HR. Another CCP player

[calgarykewlboi]

In detest that guy. He's never really contributed anything original to the discussion here and yet he has seen fit on occasion to lace into those that called out his bullshit along with that of Yasch.  It just amazes me how stupid these people are and that they don't seem to ever learn their lesson after taking a beating. These same shills were saying that Chen would never leave