KBB161718192030 wrote: Pray for misses chne to step down and accept he bleeding BlackBerry when he should be leading... revenues down $300M on 2019 Mrs. chne has not focused upon fundamentals, had he done so shareholders would know:
- values received for FB use of patents
- values of damages for free FB vs for profit BBM
- values of damages for FB aiding to end BB10 device business
- BlackBerry v. Nokia settlement in favour of BB
- Nokia v. BlackBerry was settled publically earlier to the tune of $138M
- Why did Nokia receive advertising value for their win, misses passed on BlackBerry opportunity?
Why has misses chne given TE the newly minted CEO 8M RSUs... the math says $100M when the company is already paying for misses chne to accomplish the same for $144.8M in his 161718192030 Fired or Acquired Employment Contract.
Why could BB10 browser, almost for certain BlackBerry supporters, not access the Q1 earnings call Thursday. Why wasn't a link provided to attend the meeting via phone conference, like the analysts were afforded.
It is ironic the ceo is focused upon things he has fixed and once again broken. Why couldn't
John Chen do one thing right and make access to BlackBerry users available.
misses chne does not want shareholders to be heard. The BoD cannot deal with him correctly unless fired and paid out in full on the absurdly wild payout agreed to by them and Premium Watsup.
The fundamentals spoken about are plain and simple,
John Chen has used a team of lawyers to direct him to get to $30. Cylance is a prime example of focusing upon 30 versus a Crowdstrike 8x growth in 25 months since their IPO.
misses chne has been so focused on the fundamentals of taking no risk beyond that may affect his bonus that could collapse should he continue to reverse revenues. Pretty rich, pay a person $144.8M to guarantee his success while he nails the company down to a $30 platform when it could be far greater.
Right, cylance, $1.5B, write it down $500M within a year, don't spend to monetize what it was good at, but do squeeze it into a highly competitive market where margins are slim or make it a star in a future growth market where the future revenues are somewhere in the future. Silence was bought to achieve misses chnes $30 share value, he couldn't care about the $170M annual revenues they had achieved on their own. I suspect this is the reason Stuart McPenis left John Chen with his duck in his hand just minutes before an earnings call just weeks after finalizing the acquistiion of Cylance. John Chen jibber jabber attempted to not tell shareholders about.
No, John Chen is a failed leader whose engineering success and prowess has a polar opposite in his inept leadership, failure to accept sales are a fluid side of the business and not something to write code and measure up.
I voted Mrs. Chne off the ship as did many, however not enough see the ship sinking because they are in higher decks. Voting for misses chne must have been shareholders thinking they were voting for a captain not a King reigning his court.
The fundamental problem with BlackBerry is the King has no spine, no imagination and a fundamental misunderstanding what sales teams do, although he will tell a microphone otherwise. Sad!