RIM / Research In Motion Limited (Blackberry, code: RIMM)

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sjos
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Re: RIM / Research In Motion Limited (Blackberry, code: RIMM

Berichtdoor sjos » 22 Jul 2015 11:26

Het is de beveiliging in hun Operating System die Blackberry (voorheen RIM) nog waarde geeft.
Alle hogere Duitse ambtenaren gebruiken verplicht dit systeem.
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.


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Bieraait
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Re: RIM / Research In Motion Limited (Blackberry, code: RIMM

Berichtdoor Bieraait » 22 Jul 2015 20:06

sjos schreef:Het is de beveiliging in hun Operating System die Blackberry (voorheen RIM) nog waarde geeft.
Alle hogere Duitse ambtenaren gebruiken verplicht dit systeem.


Inderdaad ze zetten volop in op Security. En ze maken software voor auto's. Hmm... Misschien dat hun technologie/patenten toch nog flink wat waard kan zijn voor de giganten (Google, Apple) die bezig zijn met de auto van de toekomst.

http://www.wired.com/2015/07/hackers-re ... p-highway/" onclick="window.open(this.href);return false;
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Re: RIM / Research In Motion Limited (Blackberry, code: RIMM

Berichtdoor Bieraait » 06 Aug 2015 20:24

- Jeep Cheroke gehacked, Tesla gehacked.
- BlackBerry voorziet Ford van dashboardsoftware.
- Nadruk ligt op security.
- Cashburn wordt tegengegaan.

http://seekingalpha.com/news/2663285-bl ... d-job-cuts" onclick="window.open(this.href);return false;

he thinks reaching $400M in software revenue is possible, and that this would translate into a $3-$3.50/share valuation for BlackBerry's software ops at 4x-5x sales. The cash balance is worth another $3.50-$3.75/share.


Shares staan nu aan 7,57 dollar. Staan zeker op de watchlist.

Opgelet:
- Short interest up 27% in last two and a half months.
- In the company's latest quarter, hardware revenues represented 40% of the company's total.
- Proberen een transitie te maken naar enkel software.

http://seekingalpha.com/article/3361255 ... -there-yet" onclick="window.open(this.href);return false;

Even een joekel van een fout herstellen:

The hack was possible thanks to Uconnect, the Internet connected computer feature that has been installed in fleets of Fiat Chrysler cars since late 2013.

It controls the entertainment system, deals with navigation and allows phone calls.

The feature also allows owners to start the car remotely, flash the headlights using an app and unlock doors.

But according to Miller and Valasek, the on-board Internet connection is a ‘super nice vulnerability’ for hackers.

All they have to do is work out the car’s IP address and know how to break into its systems and they can take control."


UConnect is op basis van QNX, BlackBerry dus...
"Las Vegas is busy every day, so we know that not everyone is rational." - Charles Ellis
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Re: RIM / Research In Motion Limited (Blackberry, code: RIMM

Berichtdoor Hunter » 05 Sep 2015 11:02

BlackBerry koopt concurrent Good Technology
Gepubliceerd op 5 sep 2015 om 10:56

TORONTO (AFN) - Smartphonemaker BlackBerry koopt het Amerikaanse Good Technology voor 425 miljoen dollar. Het bedrijf bouwt applicaties die werknemers helpen veilig te werken met hun smartphones. Het telt overheden van grote landen en de tien grootste banken in de wereld en advocatenkantoren onder zijn 6200 klanten, zei BlackBerry in een verklaring.

Met de overname haalt BlackBerry een concurrent uit de markt. Het Canadese bedrijf verloor meerdere klanten aan Good Technology nadat werknemers waren overgestapt van BlackBerrys naar iPhones en Android-apparaten.

BlackBerry wil de beveiligde e-mailing apps van Good Technology samenvoegen met zijn eigen expertise op het gebied van beveiliging van bedrijfstablets en -telefoons, zei topman John Chen.

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Re: RIM / Research In Motion Limited (Blackberry, code: RIMM

Berichtdoor Hunter » 18 Dec 2015 19:07

BlackBerry groeit als softwareleverancier
Gepubliceerd op 18 dec 2015 om 13:55

WATERLOO (AFN) - Het Canadese smartphonebedrijf BlackBerry heeft afgelopen kwartaal een kleiner verlies geboekt dan een jaar eerder. De omzet stond opnieuw zwaar onder druk, maar de inkomsten uit softwarelicenties lieten mede dankzij een paar overnames een forse stijging zien, meldde de onderneming vrijdag.

De totale opbrengsten zakten in het derde kwartaal van het gebroken boekjaar met meer dan 30 procent tot 548 miljoen dollar (506 miljoen euro). Software en diensten brachten 162 miljoen dollar in het laatje, bijna drie keer zo veel als een jaar eerder. Her verlies onder de streep daalde van 148 miljoen naar 89 miljoen dollar.

BlackBerry heeft zich onder leiding van topman John Chen neergelegd bij een veel kleinere rol als smartphoneproducent. Concurrenten als Apple, Samsung en LG hebben op dat terrein veel meer succes. Het zet daarom vooral in op groei in softwarelicenties, die voor een stabiele inkomstenstroom kunnen zorgen.
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Re: RIM / Research In Motion Limited (Blackberry, code: RIMM)

Berichtdoor sjos » 28 Dec 2017 11:56

"BlackBerry Is Betwixt And Between Dec. 28, 2017
Summary

BB is betwixt and between. It does not have the scale to drive margin improvement or earnings.

QNX and licensing revenue could be exposed to the vagaries of the economy.

The one catalyst - an accretive deal - could be a long ways away.

Sell BB.

This idea was discussed in more depth with members of my private investing community, Shocking The Street.

I have been a BlackBerry (BB) bull for a while due to the security of its handsets. The company has fully made the transition to a software and securities firm. Though I now find the company and the stock less interesting.

Betwixt And Between

BlackBerry's top line growth remains in free fall, down 22% Y/Y for FQ3 2018.. SAF and handset revenue are now a combined 16% of total revenue. That is a good thing because their decline will have less impact going forward. With only $9 million in handset revenue BlackBerry is officially out of the hardware business, to my dismay. The bright side is that its core business - software and services - is 84% of total revenue. This revenue stream was up 19% Y/Y which means BlackBerry is winning in its core business. I was concerned CEO John Chen would not be able to pull it off, but he delivered in spades.

Enterprise software revenue was up 11% on the strength of sales to government agencies like the U.S. Department of Defense, House of Representatives, U.S. Senate, the Dutch government, et. al. While the consumer market did not place much value on BlackBerry's best-in-class security features, institutions appear to have. As more sensitive information is placed online there is a higher probability it could be hacked into or manipulated by outside parties. I was previously long BB due to its expertise in security, but it had so much of its revenue and cost structure tied to a declining handset franchise that it kept losing money and the stock suffered.

BTS revenue was derived from the company's QNX CAR Platform, Neutrino Operating System, Radar tracking solution, and Certicom cryptography and key management products. At $43 million this revenue stream was flat Y/Y. Licensing, IP and other consists of revenue from mobility licensing software, including licensed hardware sales and intellectual property. BlackBerry is now licensing its cryptography to other hardware companies, which is a good thing. Given diminimilicensing is the one play BlackBerry has left.

What gives me pause is that the company's core revenue is only $190 million per quarter - an annual run-rate of less than $800 million. Outside of enterprise software I do not believe the company has the scale to matter in the segments where it operates. First of all its margins are paltry. Its adjusted EBITDA of $35 million on adjusted revenue of $235 million equates to a 15% EBITDA margin. SAF revenue has an operating income margin of over 90%, and it will continue to fall.

Secondly, I believe it can win in enterprise mobility with its focus on security. However, its QNX and licensing revenue streams might to be exposed to the vagaries of the U.S. economy. I do not believe President Trump's tax cuts will generate economic growth long term and the Fed's rate hikes and balance sheet unwind could mute some of the tax cut's impact. I believe at BlackBerry's size it is vulnerable to a slowing global economy and potential competition in some of its key product lines.

Liquidity

Over the years the company has not had much liquidity and had to manage costs and working capital to stay afloat. BlackBerry recently won a $940 million arbitration award from Qualcomm (QCOM) for certain royalties, interest and fees. The company now has cash and equivalents of $2.4 billion. It can tread water for several quarters regardless of what the business does. That is a sea change from the year earlier period when the company's future was still in doubt. Through the first nine months of the fiscal year BlackBerry generated cash flow from operations of $866 million versus a cash out flow of $242 million in the year earlier period.

BlackBerry will survive and that is a good thing as importantly the company has dry powder for acquisitions. Other than the gift from Qualcomm the other game-changing event was BlackBerry's acquisition of Good Technologies. The deal added scale to the enterprise mobility management segment. It also removed a competitor and likely helped pricing in the space. The play for BlackBerry is to add more scale via acquisitions; financial markets appear to be out of control, making it difficult to find deals that make financial sense. In the near term I believe the best case scenario is that BlackBerry will tread water, and margins could stall. The one catalyst - an accretive deal - will likely not happen any time soon..."
bron:https://seekingalpha.com/article/4134178-blackberry-betwixt

Ik heb de conclusie weggelaten, daar die niet overeenstemt met de corpus van deze tekst.
Buy and Hold blijft mijn strategie, tenzij een aandeel 20 percent gestegen is in een periode van enkele weken/maanden na aankoop.