RE:Canada Pension Plan Investment Board Interested in buying a a stake in BBGreat news !!
Glad to see that the Canadians are finally backing their own.
It is ridiculous, that this much valued company with all these innovations in the pipeline,
is trading at such a low Price to Book ( about 0.5 times)
Apple is trading at 3.5 times book value while the average price to book
in the technology sector is 2.5 times.
Hope this news will shut up the Critics and that Blackberry Management will start
helping the Shareholders.
If Blackberry will go private, they will have to pay at least the Industry average P/B of 2.5 times.