TSE:BB

BlackBerry (BB.TO)

11.75
-1.10 (8.56%)
as of Oct 30, 2026, 8:00:00 pm Market Closed.
581 watching
0
PAST TOP PICK
(Top Pick May 25/10, Down 16.04%) Sold a few months ago. A good company, looks obscenely cheap. Lots of negative sentiment around about the company. Will not think of shorting it.
PAST TOP PICK
(Top Pick Jul 8/10, Down 29.00%) He said a month ago not to be surprised if it went down to $8, and here it is. Thinks it will hold here. Earnings out next week and much anticipated. As a value manager you can’t resist this one. Model $82.83.
PAST TOP PICK
(Top Pick Jun 28/10, Down 31%) Now Apple is replicating the BBM. It was an advantage that they had that could disappear. There is a rumor about Microsoft approaching management. They have warned that their next quarter will not be good.
HOLD
Forming a long term base and risk/reward at this time is pretty good. If it broke down through some of its 08-09 lows, that would be a concern.
COMMENT
Ranks very high in his database. 15% four quarter trailing fee cash flow so is massively profitable. Transitioning over to the new QNX operating system, which is in their Playbook. Expect they will bring out new handsets in 2012 that offer blistering hot processors. Also expecting great growth in the fare east. Expect to know by February how they are making out.
WAIT
Beautiful balance sheet, no debt. Well managed. In the tech field you have to keep developing/investing. They have to come up with something new. RIM is cheap right now.
HOLD
Own relatively small positions in this one. Down to about 6.5 PE multiple. US analysts love to hate this one. Currently being sued for misleading information but he thinks it’s a fairly weak case. Excellent product. Incredibly cheap.
DON'T BUY
Missing earnings. Classic chart of lower lows and lower highs. Stock is in free fall. Maybe forming a base. Wait for a turn around.
HOLD
He looks at how stock reacts to bad day and bad news. 3 days ago they had bad news and did not suffer too much and were up nicely yesterday. Playbook is selling reasonably well. He is willing to give them some more rope.
DON'T BUY
Got stopped out of this one a long time ago. Recently lowered earnings expectations. Stock has broken through some pretty tremendous support levels. Got stuck at $45 a few times in the last 5 years and now down to $42 level. Cheap at 6.9X forward earnings. Wait for earnings start to move up.
HOLD
Didn't meet their guidance in the 1st quarter but have kept their annual guidance to $7.50 in earnings. Consensus earnings estimates by analysts is significantly lower at about $6.30. Even using $6.30 it is trading at 7X earnings, but they only need 2.5 million Playbooks to be sold to get them better than the $6.30.
WATCH
Have had a couple of months of earnings downgrades. Market has given up on them and doesn't think the $7.50 projected earnings is going to happen. At this price becomes interesting on a risk/reward basis. Wait for it to form a base and move in the right direction.
WAIT
They will recover from the transition they are going through. So negative it almost can’t get worse from here. It will take some time. They have to fix the minor thinks on Playbook. He bought some today. With some patience and longer term, you will look back on this price and say you should have bought some.
SELL
Has a lot of value in it but it could go down to the $30 level. $38 is a real possibility. His model price is $82.40 based on its earnings, an 80% upside but the US psychological sentiment is too negative. At $38, he would back up the truck. (Heard of problems with PDFs.)
WAIT
Generates pretty good cash flow but the whole Apple (AAPL-Q) affect is sort of crushing it. At the $45 level where it found support last September and also in 2008. Would like to see it base a little. In the right sector.
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