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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

Comment by TheKingReturnson Apr 14, 2023 10:31am
81 Views
Post# 35395066

RE:RE:BB doesn't have XDR for iot like CRWD XIOT! This is big and

RE:RE:BB doesn't have XDR for iot like CRWD XIOT! This is big and He either needs to go or sell this by end of year. I'm heavy in BB (it was a mistake i made 10 years ago), so i'm hoping he can sell the company by end of year to MSFT, AMZN or someone. He needs to fetch 10 Billion minimum for me to come out on top or else it'll be a mess. 

I give 10 Billion valuation based on what he said about Cylance valuation. He said comapny should be 7X future revenue...so in 2027 the Revenue is projected to be 1.2 billino by chen so that's about 8.4billion for blackberry. Plus the buyer might just throw in few more to get the number to $10. Wasta will get 100% on his return which is still good, Wasta's average is around $10 or so. 

There're lots of risk now because BB doesn't have high amount of cash on hand. After paying of Wasta it only has 300 or so million on hand. With recession or worst depression on horizon the faster he gets rid of the company the better because not many will survive the next 4-5 years of economical messs that's going to come. 
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