Let's state this in a different wayI have been accumulating BlackBerry and this is not based on a hunch. Whenever I am comparing stocks I pinpoint metrics that are meaningful to me (different people attach value to differing metrics).
The only question left to be answered is about the leadership. Is John Chen a good leader. I have read comments that he is a difficult person to work with. That may be true of any visionary leader. They expect the best. They demand the best. They push to the limit.
I am certain that those of you who are so unfortunate to go to work today can look into the eyes of incompetence. Yes! Your boss with big salary seeds of favouritism and is a nincompoop.
John Chen is not a dynamic speaker. But he is a dynamic leader. In a few short years (2013) he turned BlackBerry around. The Cylance purchase may indeed be a bargain from the perspective of increased product offerings
We need to create an electrical grid that is near impossible to hack. We need protection for what BB refers to the Enterprise of Things. We need unhackable instrument clusters in vehicles. We need to manage assets.
BlackBerry fits the bill on every level.
Like everyone else I am disappointed with the status of the share price. In my opinion the share price does not match the reality. IP licensing is yet another strong vertical.
For some reason I am rather calm (and maybe stupid) because I see opportunity. I am buying more.