Welcome to the CrackBerry Forums Create Your Account or Ask a Question Answers in 5 minutes - no registration required!
Results 1 to 23 of 23
Like Tree14Likes
  • 3 Post By Superfly_FR
  • 1 Post By Superfly_FR
  • 1 Post By dentynefire
  • 1 Post By the_kid_hartford
  • 1 Post By theRock1975
  • 1 Post By jesse_h
  • 1 Post By gregorylkelly
  • 2 Post By gregorylkelly
  • 2 Post By OMGitworks
  • 1 Post By silversun10
  1. Superfly_FR's Avatar

    Posts
    9,939 Posts
    Global Posts
    9,958 Global Posts
    PIN
    Hey, what did you expect ?
    Thread AuthorThread Author   #1  

    Default [HOT !] Research In Motion upgraded to buy from neutral at Goldman Sachs !!!

    Source of opportunity
    We are upgrading Research in Motion (RIMM) to Buy from Neutral, as we see
    a positive risk/reward heading into its BlackBerry 10 (BB10) launch on January
    30. For the first time in 3 years, we think out-year Street estimates are too low,
    as they don’t capture: (1) the ASP lift from BB10; (2) the associated margin
    improvement; and (3) the channel inventory fill for BB10. We now assess a
    30% chance of success for BB10 given positive early reviews, broad-based
    carrier support, attractive features, and interest by carriers and consumers in
    broadening the field beyond Android/iOS; this lifts our 12-month price target
    to $16 from $9, implying 44% potential upside.
    Catalyst
    We expect RIM’s results will exceed Street estimates over the next 4
    quarters, with our revenue estimates 8% and our quarterly EPS $0.14
    above consensus on average. In fact, we now estimate that RIM will turn
    profitable in FY14 (Feb) vs. the consensus view of continued losses. The
    primary source of upside is our FY14 smartphone ASP estimate of $270,
    up 21% yoy vs. the consensus view of roughly flat, as we expect BB10
    devices priced at over $400 will drive more than a third of the total volume,
    offsetting sharp declines in emerging markets where ASPs are much
    lower. We are raising our FY13/14/15 EPS estimates to ($0.99)/$0.20/($0.62)
    from ($1.07)/($0.52)/($1.61) on higher ASPs and margins as a result of the
    BB10 ramp, partially offset by much lower units in emerging markets.
    Valuation
    Our price target of $16, now based on a scenario analysis (vs. purely SOTP
    prior), assigns 70% probability to our base case, which values RIMM at $10
    based on SOTP ($6 in IP, $4 in cash), and 30% to our bull case, which values
    it at $31 based on a 10X P/E applied to our bull case CY14 EPS of $3.08.
    Key risks
    The primary risk is lack of follow-through demand post the BB10 launch.
    That primary risk I don't believe
    Oh my ... new shoes for a new dance !
    Join my BBM Channel : C00035FA6
    "I speak English like a Spanish Cow"
    I'm a StockBerrian, proudly holding 50 150 250 400 550 1000 BlackBerry shares
    MADBRADNYC, W Hoa and bungaboy like this.
  2. MADBRADNYC's Avatar
    CrackBerry Genius

    Posts
    4,293 Posts
    #2  

    Default

    I likey.
    I likey a lot!
    Finally, a positive article after all the negative articles people have the need to post here.
    MY TAKE ON THE Z10... I DON'T KNOW HOW, OR WHY, BUT IT WORKS!!!
  3. Caymancroc's Avatar
    CrackBerry Abuser

    Posts
    470 Posts
    Global Posts
    479 Global Posts
    #3  

    Default [HOT !] Research In Motion upgraded to buy from neutral at Goldman Sachs !!!

    Was this news from September? Have a link?

    It hasn't traded at 9 in a while so I don't think this is truly "hot". At least I don't think it is hot off the presses that is.
  4. Superfly_FR's Avatar

    Posts
    9,939 Posts
    Global Posts
    9,958 Global Posts
    PIN
    Hey, what did you expect ?
    Thread AuthorThread Author   #4  

    Default

    Quote Originally Posted by Caymancroc View Post
    Was this news from September? Have a link?
    It hasn't traded at 9 in a while so I don't think this is truly "hot". At least I don't think it is hot off the presses that is.
    No link. G.S issued pdf dated 11-29-2012, thanks to my contacts.
    Join my BBM Channel : C00035FA6
    "I speak English like a Spanish Cow"
    I'm a StockBerrian, proudly holding 50 150 250 400 550 1000 BlackBerry shares
    bungaboy likes this.
  5. notfanboy's Avatar
    CrackBerry Genius

    Posts
    2,162 Posts
    Global Posts
    2,163 Global Posts
    #5  

    Default

    To;dr version
    70% chance of failure $10
    30% chance of success $31
    Target price $16
  6. Superfly_FR's Avatar

    Posts
    9,939 Posts
    Global Posts
    9,958 Global Posts
    PIN
    Hey, what did you expect ?
    Thread AuthorThread Author   #6  

    Default

    Quote Originally Posted by notafanboy View Post
    To;dr version
    70% chance of failure $10
    30% chance of success $31
    Target price $16
    Not sure what you mean ... But first line is VERY important. Failure <> Bankrupcy but return to "current" value. Very different from previous Misek's $5 ... very important (to my eyes).
    Join my BBM Channel : C00035FA6
    "I speak English like a Spanish Cow"
    I'm a StockBerrian, proudly holding 50 150 250 400 550 1000 BlackBerry shares
  7. Double_J75's Avatar
    CrackBerry Master

    Posts
    1,372 Posts
    #7  

    Default

    Didn't they just announce they bought a load more stock in rimm? Then after they buy it they upgrade to a buy? Won't that generally make the stock go up? Doesn't that seem a little fishy.

    Anyway I'm glad it is good news. When it gets back to $21 I will break even
  8. notfanboy's Avatar
    CrackBerry Genius

    Posts
    2,162 Posts
    Global Posts
    2,163 Global Posts
    #8  

    Default Re: [HOT !] Research In Motion upgraded to buy from neutral at Goldman Sachs !!!

    Quote Originally Posted by Superfly_FR View Post
    Not sure what you mean ... But first line is VERY important. Failure <> Bankrupcy but return to "current" value. Very different from previous Misek's $5 ... very important (to my eyes).
    It's nothing I meant, those are numbers straight from the report.
    Thanked by:
    Superfly_FR (11-29-2012) 
  9. W Hoa's Avatar
    CrackBerry Master

    Posts
    1,101 Posts
    #9  

    Default

    BRIEF-Research In Motion U.S.-listed shares up in premarket after Goldman Sachs upgrade

    NEW YORK | Thu Nov 29, 2012 7:57am EST

    NEW YORK Nov 29 (Reuters) - Research In Motion Ltd : * U.S.-listed shares up 11.7 percent to $12.40 in premarket after Goldman Sachs upgrades to "buy" rating

    BRIEF-Research In Motion U.S.-listed shares up in premarket after Goldman Sachs upgrade | Reuters
  10. timmy t's Avatar
    CrackBerry Master

    Posts
    1,324 Posts
    #10  

    Default

    The tide is slowly turning. More and more upgrades and positive reports.
    Seems 50-50 now. Was 90-10 to the negative side just a couple months ago.
    If the consumer community has as much positive feelings, then BlackBerry smartphone usage is about to take off.
    Even if 50% of the US consumer community consider the new phones, that will increase their market share considerably.
  11. dentynefire's Avatar
    CrackBerry Master

    Posts
    1,414 Posts
    Global Posts
    1,415 Global Posts
    #11  

    Default

    Of course this is all based on what we see now. What will happen if BB10 offers something even better that what we have been shown already?
    Superfly_FR likes this.
  12. pcar's Avatar
    CrackBerry Abuser

    Posts
    134 Posts
    #12  

    Default

    omg the sky is not falling - why is this HOT! ? Like you're grasping for straws to keep your hope alive. There're be more predictions and reports of stock spikes and spirals. The primary risk stands.
  13. the_kid_hartford's Avatar
    CrackBerry Abuser

    Posts
    171 Posts
    #13  

    Default

    CNBC is all over this news......constantly repeating it and saying "many analysts have changed their position on RIM in the last few days"........RIM needs this kind of advertising and marketing.......People need to get interested in what is coming......
    "Every tradition constructed by human beings is subject to ossified arrogance, blinding pomposity and outright bigotry. That is true not just for Judaism, not just for Christianity, not just for Islam, it is true for secular traditions as well."

    Dr. Cornel West
    Superfly_FR likes this.
  14. theRock1975's Avatar
    CrackBerry Addict

    Posts
    827 Posts
    #14  

    Default [HOT !] Research In Motion upgraded to buy from neutral at Goldman Sachs !!!

    A goldman sachs upgrade to buy is very significant. Watch the other US analysts upgrade as well. Each upgrade will give the stocks another boost and pressure the shorts even more.

    Sent from my BlackBerry 9900 using Tapatalk
    Superfly_FR likes this.
  15. jesse_h's Avatar
    CrackBerry Genius

    Posts
    1,579 Posts
    Global Posts
    1,598 Global Posts
    #15  

    Default

    I bought shares when it was in the $6-range, i knew it had hit bottom and it was only up from there. I wish I had bought more than I did, but either way I'll profit one day.
    S5
    Z10
    64gb PlayBook
    Superfly_FR likes this.
  16. gregorylkelly's Avatar
    CrackBerry Genius

    Posts
    1,742 Posts
    Global Posts
    1,786 Global Posts
    #16  

    Default

    Quote Originally Posted by pcar View Post
    omg the sky is not falling - why is this HOT! ? Like you're grasping for straws to keep your hope alive. There're be more predictions and reports of stock spikes and spirals. The primary risk stands.
    This is big news. Every positive report that comes out is positive marketing for RIM. There is this foolish mindset amongst the general public that "BlackBerry" is going out of business. Each one of these positive memos from trusted and respected sources gives the general public more positive information about RIM.

    People don't want to buy into an ecosystem that will not be around in a year or two, which is why som e people are moving away from BlackBerrys. These people are misinformed, so all these announcements are helping clear up all this bull. Don't underestimate the importance of news like this.
    Last edited by anastasiophan; 12-03-2012 at 10:43 AM.
    www.gbv.asia

    "Bridging the Gap" between your Company and Asia
    -Global Business Ventures - Proud supporters of all things BlackBerry
    Thanked by:
    Superfly_FR (11-29-2012) 
    Superfly_FR likes this.
  17. BThunderW's Avatar
    CrackBerry Addict

    Posts
    822 Posts
    #17  

    Default

    Looks like rally is fading. Scotia leading selloff. Don't think it'll close above $12. Would be nice tho.
  18. gregorylkelly's Avatar
    CrackBerry Genius

    Posts
    1,742 Posts
    Global Posts
    1,786 Global Posts
    #18  

    Default

    I started buying in the $6s as well. I started with about $800 back in May (I think) and have been buying and selling the peaks and valleys since then to be able to increase my stake. I originally bought about 130 shares and throughout some lucky and educated buys and sells, I now have 404 shares at $10.75. I had planned on stopping the up and down game and just sitting on my shares for the long term, but the crazy jump in price over Thanksgiving gave me another opportunity to sell high and increase my stake. At this point, I really think I'm in long term, but another 15% jump for no great reason may have me doing another sell/buy.

    So far I've turned $800 or so into shares worth $4750ish. Pretty happy about this. I had wanted to buy RIMM when they were at about $22 a year or so ago, but didn't have the extra funds to do it...man I'm happy about that! In a year or two, if things go perfect, RIMM could get up to the $30s (I know it's not exactly likely), and I could have my $800 turned into $12,000+!
    www.gbv.asia

    "Bridging the Gap" between your Company and Asia
    -Global Business Ventures - Proud supporters of all things BlackBerry
    Superfly_FR and Weeber like this.
  19. OMGitworks's Avatar
    CrackBerry Genius

    Posts
    2,225 Posts
    #19  

    Default

    It is very good news, BUT to those who railed against GS as soul-less Wall Street market manipulators, just remember that. It works both on the way down and the way up.... Watch what they do, not what they say.
    Thanked by:
    Superfly_FR (11-29-2012) 
    dentynefire and notfanboy like this.
  20. notfanboy's Avatar
    CrackBerry Genius

    Posts
    2,162 Posts
    Global Posts
    2,163 Global Posts
    #20  

    Default

    Quote Originally Posted by OMGitworks View Post
    It is very good news, BUT to those who railed against GS as soul-less Wall Street market manipulators, just remember that. It works both on the way down and the way up.... Watch what they do, not what they say.
    Thank you. I read too many posts that use manipulation as the reason for the stock going down, but never when it is going up.

    Same story with the "media." When RIM gets bad press, it is due to an Apple/Google led conspiracy. But when Microsoft gets bad press, it is because Windows 8 sucks.
  21. Superfly_FR's Avatar

    Posts
    9,939 Posts
    Global Posts
    9,958 Global Posts
    PIN
    Hey, what did you expect ?
    Thread AuthorThread Author   #21  

    Default

    Quote Originally Posted by pcar View Post
    omg the sky is not falling - why is this HOT! ? Like you're grasping for straws to keep your hope alive. There're be more predictions and reports of stock spikes and spirals. The primary risk stands.
    Perception by enterprises whose CEOs read the NY Times and watch CNBC. This is why it is REALLY important.
    Join my BBM Channel : C00035FA6
    "I speak English like a Spanish Cow"
    I'm a StockBerrian, proudly holding 50 150 250 400 550 1000 BlackBerry shares
    Thanked by:
    Weeber (12-01-2012) 
  22. randall2580's Avatar
    CrackBerry Master

    Posts
    1,094 Posts
    Global Posts
    1,375 Global Posts
    #22  

    Default

    In my office, whenever GS issue a buy recommendation we generally joke it's because they want to sell it to you...
  23. silversun10's Avatar
    CrackBerry Master

    Posts
    1,294 Posts
    #23  

    Default

    Quote Originally Posted by randall2580 View Post
    In my office, whenever GS issue a buy recommendation we generally joke it's because they want to sell it to you...
    you have that, but probably it might have been as mundane as the share price had exceeded their target and they had to do a revision...
    Superfly_FR likes this.

Similar Threads

  1. Replies: 7
    Last Post: 11-27-2012, 05:40 PM
  2. Replies: 23
    Last Post: 08-28-2012, 12:27 AM
  3. Replies: 12
    Last Post: 11-17-2011, 09:14 AM
  4. Research In Motion use LEGO Machines to Test Blackberry
    By MMB916 in forum General BlackBerry Discussion
    Replies: 2
    Last Post: 04-24-2007, 11:26 PM
  5. Research in Motion sales expected to surge
    By MMB916 in forum News & Rumors
    Replies: 2
    Last Post: 04-08-2007, 06:19 PM

Posting Permissions