ander Posted January 29, 2021 Share Posted January 29, 2021 Approaching this from most of the other businesses that have squeezed. What is the probability that BB is filing for bankruptcy within the next 3 years? Many of the other stocks that have squeezed are of course in the camp that the equity could be worthless. Re: BB, just looking at it briefly, it seems that the bulk of the debt is the debentures that Fairfax just extended to November 2023. Is there anything else that stands out? Link to comment Share on other sites More sharing options...
Jurgis Posted January 29, 2021 Share Posted January 29, 2021 Many of the other stocks that have squeezed are of course in the camp that the equity could be worthless. It's not clear that majority of squeezed stocks could go BK. PLTR definitely not, NOK likely not, SLV likely not, Corsair likely not. Link to comment Share on other sites More sharing options...
ander Posted January 29, 2021 Share Posted January 29, 2021 Many of the other stocks that have squeezed are of course in the camp that the equity could be worthless. It's not clear that majority of squeezed stocks could go BK. PLTR definitely not, NOK likely not, SLV likely not, Corsair likely not. Thanks. And thoughts on BB probability or sequence of events to go to BK? Link to comment Share on other sites More sharing options...
Jurgis Posted January 29, 2021 Share Posted January 29, 2021 Many of the other stocks that have squeezed are of course in the camp that the equity could be worthless. It's not clear that majority of squeezed stocks could go BK. PLTR definitely not, NOK likely not, SLV likely not, Corsair likely not. Thanks. And thoughts on BB probability or sequence of events to go to BK? I was planning to look at BB financials sometime. Will post if/when I do. 8) Link to comment Share on other sites More sharing options...
Spekulatius Posted February 5, 2021 Share Posted February 5, 2021 I can’t vouch for this being correct, but it does pour some cold water on the BB bulls. i do think it is correct that all German car manufacturer develop their own operating system: https://www.reddit.com/r/investing/comments/ld4k0x/why_i_am_bearish_on_bb_technical_analysis/ Link to comment Share on other sites More sharing options...
DooDiligence Posted April 7, 2021 Share Posted April 7, 2021 Volvo Group selects BlackBerry QNX for its Dynamic Software Platform www.newswire.ca/news-releases/volvo-group-selects-blackberry-qnx-for-its-dynamic-software-platform-866332718.html Link to comment Share on other sites More sharing options...
Dazel Posted June 1, 2021 Share Posted June 1, 2021 Is it time to split Blackberry up? Finally? Wallstreet bets appears to want to take Blackberry to the moon! If John Chen is awake why would he not let them? EV stocks trade at nose bleed levels create a single company and have the market decide what it is worth. Security business is also a stand alone business that should be sold to bigger company that wants to partner with QNX as well. Finally, the royalty portfolio or patent if you prefer should also be sold. It is possible that Blackberry could raise money if it gets the parabolic move it had in Feb....AMC did...this would allow them to cash up for the three way split. It’s time to do it now....while the world is watching....or risk falling back into the value trap it has been in the past. And yes Iam a shareholder-speculator (disclosure) who would like to see the value realized ...it’s time. Fairfax should look at this opportunity to do the same. They unlike me were unable to hedge their position because of restrictions in Feb. These are public companies and when an opportunity presents itself you take advantage of it...Blackberry has been in the penalty box for years...the company would trade a completely different multiple split up. Will they do it? Who knows but this is an opportunity...for redemption. Link to comment Share on other sites More sharing options...
Dazel Posted June 2, 2021 Share Posted June 2, 2021 Have discussed on the Fairfax board as well... Blackberry is up another 20% Premarket...If there is (and there better be) any internal discussions with regards to a split up or sale of the patent portfolio Chen had better announce them to the public in order to allow insiders the ability to hedge or sell their positions if this does go parabolic like AMC is now. As discussed, I would rather they actually are doing this in real time rather than announcing the internal strategic review of it. Chen has to be looking at it. Link to comment Share on other sites More sharing options...
Dazel Posted June 2, 2021 Share Posted June 2, 2021 Have discussed on the Fairfax board as well... Blackberry is up another 20% Premarket...If there is (and there better be) any internal discussions with regards to a split up or sale of the patent portfolio Chen had better announce them to the public in order to allow insiders the ability to hedge or sell their positions if this does go parabolic like AMC is now. As discussed, I would rather they actually are doing this in real time rather than announcing the internal strategic review of it. Chen has to be looking at it. Link to comment Share on other sites More sharing options...
Dazel Posted June 2, 2021 Share Posted June 2, 2021 To put things in perspective: Crowdstrike market cap is $50b-They had revenues of $874.44m last year... EV car related companies (BB has deals with 23 of the top 25 EV companies) pick one and you will find a nose bleed valuation The patent negotiations are obviously with Facebook for the patent sale since they did not recognize any revenue from their settlement with them in January. As much as Wallstreet bets seems to be wild and crazy...If Blackberry was split up and evaluated on similar metrics or even half of similar metrics $30 would not seem that crazy! The market does not know what the hell Blackberry is still.... split it up now or sell off the pieces ....while the market is there. Fairfax has earned the right to do this by holding and saving this company they deserve fair market value for the sum of the parts. Link to comment Share on other sites More sharing options...
Dazel Posted June 3, 2021 Share Posted June 3, 2021 well here we are...operators are ready for what I described earlier...Hoping that they get more time but Chen should have been ready to take advantage he was not...BB is not a private company. I sold. Hell of a run....will buy more snc.. Link to comment Share on other sites More sharing options...
Redskin212 Posted June 3, 2021 Share Posted June 3, 2021 For the life of me I do not understand why BB does not simply issuing $500-600 million of equity at these prices and then strike a deal to repurchase the convertibles held by Fairfax. AMC has been able to issue equity into these spikes, BB should be able to as well. Dazel - you are probably correct Chen is asleep, but so then is the Board where Fairfax is full represented. Link to comment Share on other sites More sharing options...
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