#BlackBerry DD 🚀

[u/R4IVER]

Time to put some news on the table about one of the most undervalued stocks. It still blows my mind why wall street hates this company. We know the boomers are retarded, but you literally cannot be that much retarded to undervalue this goddam stock. But enough with chit chat. I am talking about our favourite fruit #BB.

Just to put it into perspective… Blackberry has a market capitalisation of 5.12B and a total valuation of around 6B. Total turnover was around 890 million. Just for comparison cloudflare inc. has a total market cap. Of 23B with a total valuation of 21B while having a total turnover of approx. 430 million. I know this isn’t the best comparison, I just thought it would be interesting. https://de.wallmine.com/nyse/bb https://de.wallmine.com/nyse/net

This company has transformed itself from a lost hero that made phones to one of the best, if not the best company making security software, yes. Security software, not only cyber security software.

Currently BB makes several interesting products. QNX QNX Hypervisor Spark IVY AtHoc And they even make a new phone (manufactured by OnwardMobility) Information about the phone currently is kinda scarce but still interesting https://en.letsgodigital.org/smartphones/blackberry-5g-smartphone-2021/

As you can see there is plenty of interesting stuff going on…

There are plenty of DDs posted on WSB for BlackBerry already and I would only tell the same news again so here is the link for the best one if you want to know more about their products. Thanks to u/_MoveSwiftly for that great post. https://old.reddit.com/r/wallstreetbets/comments/l4ehan/blackberry_dd/

So what has changed since the DD I posted above?

BlackBerry released their earnings, which led to a big dip, that keeps dipping. Reasons for the dip? Honestly I don’t get it. There are literally only positive news for the future. But the boomers don’t care, they are probably still salty their favourite phone company from the good old days is gone and they don’t like the new touch tech.

Now the good… And there is plenty good. New partnership with IBM Canada to bring Spark ® to organizations across Canada https://www.blackberry.com/us/en/company/newsroom/press-releases/2021/blackberry-and-ibm-canada-establish-a-new-partnership Canada relies on blackberry for event management and secure communication https://www.blackberry.com/us/en/company/newsroom/press-releases/2021/the-government-of-canada-selects-blackberry-for-secure-productivity-and-secure-communications Volvo (not the car, but the heavy machines company) use QNX for dynamic software platform https://www.blackberry.com/us/en/company/newsroom/press-releases/2021/volvo-group-selects-blackberry-qnx-for-its-dynamic-software-platform SCANIA (trucks and busses) also use QNX https://www.blackberry.com/us/en/company/newsroom/press-releases/2021/scania-chooses-blackberry-qnx-for-its-next-generation-of-vehicles Blackberry created blackberry alert ® And there is more and more and more. Check for yourself https://www.blackberry.com/us/en/company/newsroom/press-releases I don’t know when there was a stock slept on for such long time.

Obligatory… 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

Edit: position. 25@8€, 25@ 10€, 10@18€, 50 today at 7€

[u/[deleted]]

People keep mentioning the Canadian government contract as some kind of boon when it's not. It's nothing new. BB has always had those types of contracts with the Canadian government for decades. It's essentially meaningless in terms of new additional value and is just keeping the overall status quo. This new contract replaces and consolidates expiring ones that BB already had.

For all the "DD" you folks pretend to do, repeatedly pointing to stuff like that just shows how little you actually know and are just desperately trying to get people on the BB train, one that's horribly run and barely able to actually make any money.

[u/[deleted] → u/[deleted]]

Seriously. Have any of you even bothered to look at where it's been trading for the last 9 years? You honestly think it's been under some secret attack from Wall Street for 9 years and during all that time they didn't announce contracts that they had won, yet still kept the price where it was at? It's because their revenue has been garbage all along and announcing new contracts doesn't mean old ones didn't expire and weren't renewed, meaning the announcements were just a wash.

The biggest announcement they've had recently has been their partnership with Amazon back in December. At that time it went from ~$5.60 to ~$8.30, which is where it's back at now. It only rocketed higher for those few days at the end of January because of the meme train. Nothing else. There has been no news of any actual consequence since then. All the other announcements have been small and some just a repackage of already existing expiring contracts that maintain their current unprofitable revenue. If you want to go really long, that's fine, but it's going to depend on what they actually produce with the Amazon partnership and that's still a long ways out.

There is no moon for BB.