Post by
BuddyBarry on Feb 04, 2022 12:56pm
Ontario Teachers may have started new position in BB -
Copied from other board ...
Ontario Teachers reportedly bought $133,000 of shares. Some time ago they liquidated an older position. So they are getting back in it seems. Very positive. They are smart and buy at lows. Last position was approximately 20 million shares. They generally hold long term. If anything like the last time, could be $200 million plus of buying power. And probably sets a low on BB. This is ridiculously cheap. SentinelOne trades at 55X sales or $11 billion market cap with $200 million in sales this year, and BB trades at 5X sales or $4 billion market cap (90% discount) with $730 million in sales. The old argument that BB is not growing NO longer applies. There is traction in cyber and IOT is growing at a rate of 30-35%. Plus potential big wins down the line with IVY, QNX, Etc. Blue-sky other cybersecurity names don't have. BB is a screaming buy.
Comment by
Krumy77 on Feb 04, 2022 1:20pm
very interesting, considering Catapult IP was backed atbleast in part by a canadian pension.