BlackBerry Limited (BB) 銘柄情報

From Morningstar. I believe they will have to raise their target again after Thursday

“BlackBerry: Cylance Divestment Shows Positive Strategic Focus; We Raise Our Valuation to USD 3.80


William Kerwin
Dec 17, 2024

It is nice to see the price close up two days in a row.   It's been awhile.   

Classic BB behavior.   Always moving to its own beat.  

In a down market up 3.25 %!
Just, WOW!

Man if they have more good news Thursday, well……

GLTA

Still looking great!!

So excited I could pee!
Up 3% at market open!

GLTA

Hope we get more clarification on Thursday

“Arctic Wolf will trade 5.5 million shares of its own privately held stock (presumably worth about $40 million), and also pay $80 million in cash at closing, to acquire Cylance. Approximately one year after closing, Arctic Wolf will make a final payment of $40 million.

It's not 100% clear what Arctic Wolf will get in return. BlackBerry notes that it will be keeping its "Secure Communications portfolio of businesses," which are part of the cybersecurity division that generates $378 million in annual revenue. How much revenue BlackBerry loses with Cylance is therefore the big question for investors. If Cylance is still generating $189 million or so annually (as reported in 2021), the valuation of the sale might be 0.8 times sales. If Cylance generates the bulk of BlackBerry's sales today, then the valuation on this sale could be as low as 0.4 times annual sales.

Either way, considering BlackBerry stock itself sells for 2.5x sales, this suggests BlackBerry isn't getting a great price. After the sale, most revenue will come from licensing fees and IoT: about $475 million annually.

GLTA

I dont think its so outlandish. I first got into this because of a broker report that said $50+ long term.
But yes, a lot had to happen and everything had to go their way, yada, yada, yada...
But the possibility was there.

Ive flipped this twice now and Im up pretty good ATM, but Im finding it harder to sell as time passes. Just sayin.

Question for Thursday boyz
Will there be anything left to make it pop Thursday? Like, to say, $4?

GLTA

I'll take that...LOL.

Dude! I believe you’re taking greed to a new level!
Love it!

GLTU

We're movin now! Next stop $50! 😄

I was thinking of buying some

“How can I buy Arctic Wolf stock?

Only accredited investors and qualified purchasers can buy private stock. These investors buy pre-IPO stock in the secondary market from existing employees and investors.

Looks like Arctic Wolf stock is selling currently in the $7.95 range. https://notice.co/c/arcticwolf

LOL this darn job...

Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million in cash. BlackBerry will get ~$80 million at closing and the rest of the tranche a year later, along with roughly 5.5 million common shares in Arctic Wolf.

GLTA

Yo Sideem
Don’t let your job get in the way of your genius investing skills!! LOL

GLTU mate

Glad the market is reacting positively to Cylance sell news: https://techcrunch.com/2024/12/16/blackberry-sells-cylance-for-160m-a-fraction-of-the-1-4b-it-paid-in-2018/

Oh my. Was busy this morning but what a nice surprise to see BB over $3.

It’s an early Christmas boyz!
Sold Cylance!

See u all Thursday to open the gifts under the tree

GLTA

+15%

Something to say for $2.69. :)

Have a good weekend boyz and get some rest
Thursday will be here before you know it!

GLTA

Please BB don't give back $2.70.  

Thanks. The volume spike on the ninth was a start perhaps. The next few weeks are tricky though due to tax loss harvesting. Next year will be critical to this one turning around.

Appreciate you monitoring and posting
Hopefully next Friday we have the volume
You are looking for

GLTA

As I mentioned before, high volume is necessary to move the price significantly on this one. Otherwise it's a waiting game for some kind of big news or every quarterly report. I've said nothing of importance really, it is what it is.

https://elite.finviz.com/quote.ashx?t=BB&ty=c&ta=1&p=m&r=max
https://www.investopedia.com/articles/investing/062315/blackberry-story-constant-success-failure.asp

1 week boyz!
$2.75. Please hold!!

GLTA (3 of us)

A Christmas Miracle is needed here.

Damn! All I asked for was $2.75 the day of the quarterly
BB is that asking too much!!!!

GLTA

We're still above $2.70 so that's good.

She’s coming back!

GLTA

LOL!
Didn’t mean to make you feel like a red headed stepchild mate

GLTU

Sigh.  Was hoping for a repeat of yesterday.  

Hola!

Hey! 😄

Well boyz. We are poised for the $3+ next week. The greed in me says $4+

GLTA

Hated being in the office today during all the excitement. Had to keep myself in check...LOL.

I think BB needs to repeat today's performance tomorrow. Then the party may get bigger.

Looks like a 2 man party mate!

GLTU

Super nice day today!

I agree.  Don't want to go back now.  So I'll try not to look back.  

Thanks.  I was curious why stocknews.com upgraded.  But I am definitely happy for the upgrade though.  😌 

I think you missed my previous post

“Stock News.com. Upgraded BB from Sell to Hold!
Won’t be long before Hold to Buy
$3 plus for sure next week boyz!!
Spiked egg nog for everyone!

GLTA

Sideem, listen up! No looking back man.
She is going to run now. We are over the hump mate.
Can’t wait for the 19th!

GLTU

Barring insanity, the odds are good that it should close above $2.70.   

Lol yes Nelson.   I'm definitely curious on what caused the upgrade.  Haven't found anything yet.  

WOWZER!
Sideem we’re f———g geniuses!

GLTU

Hmm.  Maybe today?   Lol

Stock News.com. Upgraded BB from Sell to Hold!
Won’t be long before Hold to Buy
$3 plus for sure next week boyz!!
Spiked egg nog for everyone!

GLTA

Something good I hope.   Very nice to see.