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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

Post by Bullrun101on Oct 08, 2022 9:52am
248 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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