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Bullboard - Stock Discussion Forum 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... see more

TSX:BB - Post Discussion

BlackBerry Ltd > how iot IPO will work and how many shares you will get
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Post by TheKingReturns on Oct 10, 2023 12:07pm

how iot IPO will work and how many shares you will get

can someone please post this on stock-twits. 

There is confusion being created by FUDsters. Blackberry will create about 550 million shares for iot qnx. if you own 100 shares of BB, you will get 100 shares of QNX iot. They might create extra 10-50 million shares that they can give to investment bank to distrbute to new outsider buyers...this helps to raise cash. BB doesn't need cash BTW....so an investment bank helping with IPO say JP Morgan could just hold onto those shares as investment. iot will be about 100-200 billlion dollar company in next 1-5 years once IVY is deployed for cars, cities, drones, planes, medican, etc. 

so if you own 100 BB shares...next year you will have 100 BB shares and 100 iot shares. The value will be what BB is today plus what IOT will be valued. 

Why is the SP tanking? Because the banks are trying to buy much as possible before the IPO. After IPO it will be worth lot more since next 2 qtrs revenue is going to be much much higher.
Comment by Marketwhiz on Oct 10, 2023 12:54pm
They have given the share exchange ratio as of yet and they havent given the record date either as of yet. I found that rushed and believe the informal offer for the company came in at 4b give or take along with termination of employment agreements and didnt get far It was a rushed announcement imo. They actually could have given a record date instead of saying march to squeeze the shorts (the ...more  
Comment by Marketwhiz on Oct 10, 2023 12:56pm
They haven't given share exchange ratio .....autocorrected to have 
Comment by TheKingReturns on Oct 10, 2023 1:07pm
The imperium review still has few things to conclude: 1. estimate price for the IOT. The imperium was not just to see if businesses should be seperated but to also figure out the true value of the IOT and Cyber units. JP Morgan, one of the evaluator, will be part of the IPO so they will give a true value of this spin off since they are likely going to make money. I can see the iot being valued ...more  
Comment by TheKingReturns on Oct 10, 2023 1:11pm
Well i was giving based on IOT and Cyber being valued same. Impreium will determine what the true value is off the IOT and Cyber unit.  Say they determine that IOT is worth $20 billiona and Cyber is worth $10 billion. That willl mean for every 2 BB share you have, you will get 1 IOT share.  If you have 1,000 BB shares you will get 500 iot share.  It's a subsidiary IPO ...more  
Comment by Joey67 on Oct 10, 2023 1:09pm
Stock is collapsing because revenues keep cratering quarter after quarter.  We used to have 20 billion in revenue.  When Chen was hired we had around 7-8 billion in revenue.  Now after a decade of Chen we have 400 million, maybe.  Chen declared the turnaround complete at 1.2 billion in revenue and now since that famous lie we are down to 1/3rd of what we were at just a few ...more  
Comment by TheKingReturns on Oct 10, 2023 1:14pm
i agree revenue is dropping but we have Software revnue. when we were hardwaer revenuw with 20 billion, the profit margin was like 10 milllion. With software the margins are high so we will surpass the profits with SW. in fact we were losing money when hardware rev was 20 billion. With SW we are NOT losing money.  yes the rev kept dropping but that's becuase of teh brand and stuff but ...more  
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