Dominos TimingLook at the massive investements made in the past year in Canada. It took a
Doug FordConservative Premier to pick up the pieces the Canadian PM wouldn't. Trudoh and his laughable Finance Minister decided to spend what they didn't have today and hope things might happen... kinda like gone when and his crew of yes people that nodded assent to spending without results.
The company, BlackBerry are now beholden to two sales guys that didn't get results under jaune chien. The next earnings calls, December, April Fools Days and June AGM are critical for them to show they have the revenue machines running. The fact IVY hasn't begun to produce is a huge disapointment, same for JG not producing some narrative to show BB picking up some scraps after the CRWD summer boondoggle internet outage!
Anyone selling BB tomorrow or over the next 9 weeks is a fool or needs some cashflow. This weeks investor junket is no different from all the failed junkets of the past, except, if JG's $100M right sizing begins to payoff along with the revenue growth makes a profitable YearEnd Fiscal a huge statement.
That and the electric vehicle segement rounding into something that isn't only a TSLA dominated conversation chon jehn went all in on in an attempt to make his Bonuses payout. Not only did he fail to monetize the investment, the former chef exit ooof icer was months away from spending the company into an empty treasury.
So, less than 9 months is my take on BB make or break. Either JG gets his bonuses paid out or a huge shake up or take out WILL happen.
Seems to me the tide turned with the huge cost cutting measures, coinciding with revenues beginning to build in the EV segment the former c e o pushed it all in on his idea of an engineering thrashing machine with limited customers.
9 months is a blip, the Short Trade evaporation isn't... Hold BB, this company is valued below book and like the Canadian economy has been mismanaged by big thinkers lacking the ability to produce results.