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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 worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Bullboard Posts
Comment by 50centdollarson Dec 10, 2013 12:05pm
94 Views
Post# 21990198

RE:Where is the New Waldo?

RE:Where is the New Waldo?
What exactly do you expect him to say?  "I, new CEO, command the stock price to rise!".

100% of his time should be spent right now formulating a realistic plan to secure BB's future as profitable company.  If he's spending any time watching the stock price, the company is well and truly screwed, if it isn't already.

The reason the stock is tanking is because no such plan has been communicated.  The stock is within stone's throw of last quarter's closing net current assets because the market has been told the company will continue in the device business, where they continue to lose money hand over fist.  Not to mention another sizeable writedon of unsold devices is possible.  All the while, its service revenue will continue to plunge as they lose more and more BB7 BIS users.  It's a grim picture. 

They need a credible plan for hardware, and we haven't seen one yet.  Until we do, it's hard to invest even when there is arguably much more value on the balance sheet then is reflected in the current share price.
Bullboard Posts