Post by
shenty46 on Aug 30, 2024 3:42pm
I am wondering
I am wondering how much blackberry cybersecurity and qnx would be worth, leave aside patents income, and ivy revenue and income. Google made a bid for 23 billion for wiz, the revenue of bb and wiz are almost same, however wiz is growing at an exponential pase, it was valued by google 65 times its sale, bb would after this results would be also agrowing arr company, just say we value half of what google bid for biz, its whopping 11 billion dollars, and qnx is easlly worth 5 billion dollars as similiar company was sold at around 4 billion dollars in the past, and its going to have a bimmion dollar royalty backlog by this year end that put the valuation to 16 billion that is 10 times less than its quoted today. And ivy ina year or two would be much more than the combined two, Future is very bright going forward after the dismal results are announce in september.
Comment by
vstar67 on Aug 31, 2024 5:17pm
Facebook paid 20 billion for WhatsApp. Did BB get half in the settlement with Meta? Nope. I don't think that comparison is valid as management goes not have an ability to secure tip dollar like others can. How much did we get for $3 billion worth of patents? Not $3 billion. Not even a tenth.
Comment by
shenty46 on Aug 31, 2024 7:54pm
You may be right, but remember now it's not under control of John Chen and prem watsa, who destroyed the value of this great company. 50 dollars price is not ruled out in next two years
Comment by
vstar67 on Aug 31, 2024 9:12pm
Yes $50 easily possible if JG can demonstrate growth.
Comment by
northernman59 on Sep 01, 2024 3:28pm
Agreed.i have said big positive growth coming for awhile now but just keep getting bashed
Comment by
PTBailey on Sep 01, 2024 10:57pm
What are you basing the $50 share price on or is it simply wishful thinking? Been here a long time and share price is no where near where I can even break even.
Comment by
vstar67 on Sep 02, 2024 10:29am
I too am nowhere near break even. The good thing is I stopped trying to average down a long time ago. No use throwing good money after bad. If management delivers something in October real or if September demonstrates growth instead of hopium I may consider buying more but to date I have been proven right not to average down as stock continues to hit lower lows.
Comment by
PTBailey on Sep 02, 2024 11:09am
I am in same boat, used to be at $28 and averaged down to $13 and stopped there.