[Glenn Biddle]

Really don't care how it affect the stock....

It's how it affect people making decisions on if they should use BES and BB10 within their company. Instability has been a major concern for some of those that went with other platforms.

I would also agree with that. I think that there has been some criminal media manipulation going on, and I think there should be an in depth criminal investigation lunched.

Posted via CB10

[JohnQQ365]

You can do nothing about it. Wall street is all about cheat and criminal, nothing else, sadly.

I would also agree with that. I think that there has been some criminal media manipulation going on, and I think there should be an in depth criminal investigation lunched.

Posted via CB10

Posted via CB10

[DaSchwantz]

Held it for a while about a year ago. They kept releasing good products that scored high in benchmark tests, sales seemed to be improving, they were aggressively restructuring...but nothing seems to matter. It seems like an overcrowded space with too low of margins and too quickly changing landscapes. Just as fast as they were on top with computers and laptops, they were falling back by missing the smartphone chip wave. They're trying to enter it now, but are up against Asian competitors.

I kept saying "it can't get any worse" but it kept getting worse. I think the current stock price is a reflection of the poor market, and falling investor optimism. Other than PS4, Xbox and graphic chips for PC gaming, they don't have much else going for them.

I have thought about re-entering at these crazy low prices, but I'm waiting for something that shows increased potential. Right now they've basically peaked with all of their top products, and they still can't operate at a profit.

Posted via CB10

I was going to respond that I thought AMD had oversold, but I've been too busy today to do anything about it before it ran up. Will take a look, but at first glance, don't like the debt situation, even if it did get pushed out a bit recently.

Posted via CB10

[DaSchwantz]

As you can see BBRY US down and up in Canada due to exchange rate. This should have a positive effect on revenue numbers?

Likely CAD costs outweigh CAD revs. R&D rebates are also CAD though and paid out once per year...

Posted via CB10

[DaSchwantz]

Net Neutrality: No on Reclassification, Yes on Adding Content & App Providers | Inside BlackBerry
By John Chen

Wow. Go Chen Go! You all HAVE to read this...very rational and persuasive. Metaphors of railways and content duopolies to boot.

Posted via CB10

[DaSchwantz]

Really ? How often are these stock manipulators going to use this same old tactic. Start a rumor about an impending sale and then make it sound like it's a bad thing that is not going through. Just a ploy to discourage the investors. Make them want to sell their stock. It let's the shorters buy back their shorted stock. Don't be fooled, don't let them off the hook.

Posted via CB10

Ignore Canaccord. Reuters on the other hand....

Posted via CB10

[DaSchwantz]

OT: wish I bought calls on NFLX.....holy crap!

CB10'n it....via da Z30

May be good short at 425-450 with minimum 3-6 months horizon...

Posted via CB10

[DaSchwantz]

Does anyone have access to Citi's latest report?

Calling for $213 in hardware this quarter.

According to their model, 40% of original BES12 licenses will have to upgrade to gold this year to hit company software rev target of $500M.

Has anyone on this thread built a BES12 rev model yet?

Posted via CB10

I would bet money that model is based on the following assumptions:

1) zero/minimal contribution from non-BES12 revs; and
2) zero /minimal conversion of current non-BES12 holders.

In other words, ignore. Bad math.

Posted via CB10

[W Hoa]

Samsung Electronics Co Ltd still pursuing BlackBerry Ltd purchase

Samsung Electronics Co. Ltd. is actively pursuing a plan to take over or buy a significant stake in BlackBerry Ltd., despite statements from both companies this week denying that such a plan may be in the works, the Financial Post has learned.

A document obtained by the Financial Post, prepared for Samsung by New York-based independent investment bank Evercore Partners, outlines the case for, and the potential structure of a possible purchase of BlackBerry.

Samsung Electronics Co Ltd still pursuing BlackBerry Ltd purchase | Financial Post

[W Hoa]

[W Hoa]

[Bilaal]

Just got the Google Alerts email. A stake would be nice/ideal. Tomorrow's action is going to be interesting.

Posted via CB10

[Corbu]

Thanks W Hoa!

Several interesting things in here. Had to post it in extenso:
Samsung Electronics Co Ltd still pursuing BlackBerry Ltd purchase | Financial Post

Samsung Electronics Co. Ltd. is actively pursuing a plan to take over or buy a significant stake in BlackBerry Ltd., despite statements from both companies this week denying that such a plan may be in the works, the Financial Post has learned.

A document obtained by the Financial Post, prepared for Samsung by New York-based independent investment bank Evercore Partners, outlines the case for, and the potential structure of a possible purchase of BlackBerry.

The document was prepared in the last quarter of 2014, but a source familiar with the matter said that Samsung still remains very interested in acquiring all or part of BlackBerry for the right price.

“I can tell you Samsung is contemplating a purchase,” said the source, who asked to remain anonymous because of the sensitive nature of the talks. “It’s still being pursued right now. Samsung is still evaluating their options. So it’s still very much an open deal.”

BlackBerry and Samsung both declined to comment.

On Jan. 14, a Reuters story reporting Samsung and BlackBerry were in talks regarding a US$7.5 billion takeover offer set the market abuzz. BlackBerry shares rose 30% to close at US$12.60 on the NASDAQ, their highest level since 2012.

Later that day, BlackBerry denied the report, saying in a statement: “BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry.” That sent the company’s stock back 18% to US$10.30 the following morning.

Chief executives from both companies have also denied the report. On Friday, federal Industry Minister James Moore said BlackBerry CEO John Chen had told him “it’s a rumour and there’s no truth to it.”

On Monday, J.K. Shin, Samsung’s co-chief executive, told The Wall Street Journal that his company is in talks to use some of BlackBerry’s technology in the South Korean company’s devices, but is not interested in an acquisition. “We want to work with BlackBerry and develop this partnership, not acquire the company,” the newspaper quoted Mr. Shin as saying.

According to the source, Samsung was caught off guard by the Reuters leak after hoping it could move in quickly on BlackBerry, with an attractive enough premium over the Waterloo, Ont.-based mobile technology company’s share price that BlackBerry would quickly agree to a deal, saving a drawn-out and difficult bidding process.

Samsung “wanted to send a message to Apple and Microsoft [and] Nokia,” said the source. “[They] wanted to know: What can we pay them, what is a price we can offer [BlackBerry] that we won’t feel embarrassed by … BlackBerry bluffing or simply backing out of a price?””

Instead, BlackBerry appears to have learned of the price Samsung was hoping to pay through the Reuters leak, before the company could make a formal offer. “This is the sort of thing we wanted to avoid,” the source said.

The Evercore Partners document identifies BlackBerry’s suite of software products as appearing “complementary to Samsung’s service platform,” and points to the advantages that BlackBerry’s products and services, including its BES12 servers, could provide Samsung in better penetrating the enterprise market. That is a segment where Samsung, whose devices are based on Google’s Android operating system, has lately been focused on increasing its comparatively weaker market share. Last summer, Apple Inc. teamed up with IBM Corp. to develop a suite of iPhone and iPad “enterprise apps” specifically targeted at grabbing more corporate and government customers away from BlackBerry.

The document outlines the pros and cons of various approaches Samsung could take in securing BlackBerry. One proposed scenario has Samsung acquiring a minority share in the company, which the document says might help secure regulatory approval from western governments nervous about foreign ownership of BlackBerry’s integral security features.

The document also raises the possibility of trying to bring Prem Watsa, the CEO of Fairfax Financial Holdings, a major Canadian shareholder of BlackBerry, on board to pull the deal together. The document suggests making an offer of US$13.35 to US$15.49 per share, reflecting a valuation of between US$7 billion and US$8 billion. BlackBerry shares closed Wednesday at US$9.93 on the NASDAQ.

“We believe that at the upper end of that US$15 price, Prem Watsa is going to be very supportive of this deal,” the source said.

The document also paints a bright picture of BlackBerry’s revenue potential in the near future. A chart compiling analyst estimates predicts the company’s hardware revenue will stabilize and that its software revenue will come close to tripling from US$235 million in 2014 to US$636 million in 2017.

Since Mr. Chen has almost certainly run those same numbers himself, the challenge for any potential buyer is offering a valuation that betters what BlackBerry believes it can accomplish in time on its own. “In five years, [BlackBerry] thought the return on their turnaround strategy as implemented by John Chen was going to do better than the cash they will be receiving today … That assumption by BlackBerry scared Samsung,” the source said.

Still, the source maintains that Samsung is still keen on making a deal happen. The talk earlier this week about Samsung extending its cooperation with BlackBerry, which was notably lacking in specifics, is “just setting it up,” the source said. “Samsung hasn’t walked away” from an acquisition. “They’re leaning towards it.”

[bungaboy]

Samsung Electronics Co Ltd still pursuing BlackBerry Ltd purchase

Samsung Electronics Co Ltd still pursuing BlackBerry Ltd purchase | Financial Post

Samsung Electronics Co. Ltd. is actively pursuing a plan to take over or buy a significant stake in BlackBerry Ltd., despite statements from both companies this week denying that such a plan may be in the works, the Financial Post has learned.

A document obtained by the Financial Post, prepared for Samsung by New York-based independent investment bank Evercore Partners, outlines the case for, and the potential structure of a possible purchase of BlackBerry.

The document was prepared in the last quarter of 2014, but a source familiar with the matter said that Samsung still remains very interested in acquiring all or part of BlackBerry for the right price.

�I can tell you Samsung is contemplating a purchase,� said the source, who asked to remain anonymous because of the sensitive nature of the talks. �It�s still being pursued right now. Samsung is still evaluating their options. So it�s still very much an open deal.�

BlackBerry and Samsung both declined to comment.

On Jan. 14, a Reuters story reporting Samsung and BlackBerry were in talks regarding a US$7.5 billion takeover offer set the market abuzz. BlackBerry shares rose 30% to close at US$12.60 on the NASDAQ, their highest level since 2012.


Related
Samsung Electronics Co. has no intention of buying BlackBerry Ltd, CEO tells Wall Street Journal
�I�ll believe it when I see it': BlackBerry Ltd denies getting US$7.5B takeover offer from Samsung
BlackBerry Ltd mobile security tie-up with Samsung Electronics Co �tip of the iceberg,� John Chen says
.
Later that day, BlackBerry denied the report, saying in a statement: �BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry.� That sent the company�s stock back 18% to US$10.30 the following morning.

Chief executives from both companies have also denied the report. On Friday, federal Industry Minister James Moore said BlackBerry CEO John Chen had told him �it�s a rumour and there�s no truth to it.�


It�s still being pursued right now. Samsung is still evaluating their options
.
On Monday, J.K. Shin, Samsung�s co-chief executive, told The Wall Street Journal that his company is in talks to use some of BlackBerry�s technology in the South Korean company�s devices, but is not interested in an acquisition. �We want to work with BlackBerry and develop this partnership, not acquire the company,� the newspaper quoted Mr. Shin as saying.

According to the source, Samsung was caught off guard by the Reuters leak after hoping it could move in quickly on BlackBerry, with an attractive enough premium over the Waterloo, Ont.-based mobile technology company�s share price that BlackBerry would quickly agree to a deal, saving a drawn-out and difficult bidding process.


THE CANADIAN PRESSGeoff Robins

THE CANADIAN PRESSGeoff RobinsA Canadian flag flies at BlackBerry's headquarters in Waterloo, Ont..
.
Samsung �wanted to send a message to Apple and Microsoft [and] Nokia,� said the source. �[They] wanted to know: What can we pay them, what is a price we can offer [BlackBerry] that we won�t feel embarrassed by � BlackBerry bluffing or simply backing out of a price?��

Instead, BlackBerry appears to have learned of the price Samsung was hoping to pay through the Reuters leak, before the company could make a formal offer. �This is the sort of thing we wanted to avoid,� the source said.


Advertisement



.
The Evercore Partners document identifies BlackBerry�s suite of software products as appearing �complementary to Samsung�s service platform,� and points to the advantages that BlackBerry�s products and services, including its BES12 servers, could provide Samsung in better penetrating the enterprise market. That is a segment where Samsung, whose devices are based on Google�s Android operating system, has lately been focused on increasing its comparatively weaker market share. Last summer, Apple Inc. teamed up with IBM Corp. to develop a suite of iPhone and iPad �enterprise apps� specifically targeted at grabbing more corporate and government customers away from BlackBerry.


What can we pay them, what is a price we can offer [BlackBerry] that we won�t feel embarrassed by
.
The document outlines the pros and cons of various approaches Samsung could take in securing BlackBerry. One proposed scenario has Samsung acquiring a minority share in the company, which the document says might help secure regulatory approval from western governments nervous about foreign ownership of BlackBerry�s integral security features.


David Paul Morris/Bloomberg

David Paul Morris/BloombergBlackBerry's Classic mobile device..

The document also raises the possibility of trying to bring Prem Watsa, the CEO of Fairfax Financial Holdings, a major Canadian shareholder of BlackBerry, on board to pull the deal together. The document suggests making an offer of US$13.35 to US$15.49 per share, reflecting a valuation of between US$7 billion and US$8 billion. BlackBerry shares closed Wednesday at US$9.93 on the NASDAQ.

�We believe that at the upper end of that US$15 price, Prem Watsa is going to be very supportive of this deal,� the source said.

The document also paints a bright picture of BlackBerry�s revenue potential in the near future. A chart compiling analyst estimates predicts the company�s hardware revenue will stabilize and that its software revenue will come close to tripling from US$235 million in 2014 to US$636 million in 2017.

Since Mr. Chen has almost certainly run those same numbers himself, the challenge for any potential buyer is offering a valuation that betters what BlackBerry believes it can accomplish in time on its own. �In five years, [BlackBerry] thought the return on their turnaround strategy as implemented by John Chen was going to do better than the cash they will be receiving today � That assumption by BlackBerry scared Samsung,� the source said.

Still, the source maintains that Samsung is still keen on making a deal happen. The talk earlier this week about Samsung extending its cooperation with BlackBerry, which was notably lacking in specifics, is �just setting it up,� the source said. �Samsung hasn�t walked away� from an acquisition. �They�re leaning towards it.�

[notafanofyou]

Just got the Google Alerts email. A stake would be nice/ideal. Tomorrow's action is going to be interesting.

Posted via CB10

Shorts are going crazy and a stake in BlackBerry will be the end for them. I think samsung takes the extra shares by buying all the debt for $13.5-15. That would be game over for shorts. BlackBerry and samsung would be a force.

Posted via CB10

[Shanerredflag]

Sammy wants the Gold Phones...it's just that simple.

Classically Posted.

[world traveler and former ceo]

one way or another … i have lots of confidence in Blackberry CEO Chen to make smart decisions … no matter what … LONG BBRY!

[Corbu]

More from the FP:
BlackBerry Ltd still being pursued by Samsung: Anatomy of a deal | Financial Post

Very good stuff.

Despite its recent claims to the contrary, Samsung Electronics Co. Ltd. is continuing to pursue the acquisition of all or part of BlackBerry Ltd., a document obtained by the Financial Post reveals, and corroborated by a source with knowledge of the plan.

The document, prepared by investment bank Evercore Partners Inc. in the last quarter of 2014, lays out a detailed roadmap in more than 40 pages of how various takeover strategies might play out.

Full or partial takeover: The Evercore Partners report suggests that buying a minority interest in BlackBerry � either by acquiring 49% of the company, or leaving a block of shares publicly traded with an independent board � would have many advantages. BlackBerry would remain independent, helping the deal get regulatory approval from governments apprehensive about foreign takeovers, and such a deal could be less expensive for Samsung than other alternatives. The �key question,� as the report phrases it, is: �Can Samsung accomplish its strategic objectives with less than 100% ownership?�

The BlackBerry brand: BlackBerry is a trusted name among its business and government clients, but it�s no longer at the top of the handset game overall. The report suggests that Samsung consider what that means for one of its key goals in acquiring BlackBerry: expanding into the enterprise market. On the one hand, BlackBerry has retained users despite falling behind competitors when it comes to introducing new devices. On the other hand, the report points out, that might be more of a function of �inertia� among BlackBerry�s enterprise customers as opposed to true brand loyalty.

BlackBerry�s patents and software: BlackBerry may be best known for its handsets, but that�s not what a potential buyer would be most interested in. The document highlights the company�s 44,000 worldwide patents, its popular BlackBerry Messenger application and its BES12 servers. The analysis notes that BlackBerry�s software suites �appear complementary to Samsung�s service platform,� but �we need to understand product and distribution fits/synergies before making this assessment.�

Potential competitors: Samsung is certainly not the first company to think about BlackBerry as a takeover target. The document specifically mentions Lenovo Group Ltd. as another potential buyer, noting the Chinese technology company �is likely to encounter difficulty� getting regulatory approval, given unease over Chinese control of North American communications technology, but has managed to overcome it in previous transactions with Motorola and IBM.

Spin-off opportunities: Samsung is already thinking about what parts of BlackBerry�s business it could eventually sell off. A chart titled �Potential divestiture candidates� lists BlackBerry�s QNX operating system, BlackBerry Messenger, Network Operations Centres (which route messages to and from devices) and hardware business among candidates for possible divestitures.

Getting BlackBerry shareholders on board: The document suggests approaching Prem Watsa�s Fairfax Financial Holdings Ltd., a major BlackBerry shareholder, about helping Samsung acquire a substantial minority stake in the company. A chart lists the average price that BlackBerry�s major investors paid for their shares, which would be helpful in determining what kind of premium might be required to convince them to support the deal.

Regulatory hurdles: Any foreign company planning to acquire BlackBerry is first going to have to get through Canada�s regulators, and chief executive John Chen has suggested an acquisition by a Chinese company is likely a non-starter. Samsung is South Korean, which poses relatively fewer concerns about security and spying for BlackBerry�s government clients than a Chinese deal would, but a takeover would still be scrutinized closely. The document outlines Canada�s laws related to foreign takeovers and notes that Egyptian-owned Accelero Capital Holdings� proposed acquisition of MTS Allstream, a division of Manitoba Telecom Services Inc., is the first transaction ever to be rejected by Ottawa for national security reasons, in 2013. (In fact, the federal government also blocked the sale of aerospace firm MacDonald Dettwiler & Associates in 2008 to U.S.-based Alliant Techsystems on national security grounds).

Tax savings: Samsung stands to save some money on taxes if it acquires BlackBerry, the document suggests. It notes that according to Canadian tax law, a company taking over a Canadian firm can claim that firm�s business losses against taxable Canadian income, as long as the target and the acquirer are in the �same or similar� businesses. Samsung may be able to offset $50 million of income under this rule if it buys BlackBerry, the document notes.

[notafanofyou]

A samsung partnership is good for both companies to help BlackBerry fight the evil on the US criminal exchange and for samsung to knock apple out. BlackBerry and samsung will give a one two punch knockout out the evil

Posted via CB10

[Mr BBRY]

Sammy wants the Gold Phones...it's just that simple.

Classically Posted.

LMAO! Good one!

Posted via BlackBerry Passport

[leafs123]

More details, was a link within the article.

BlackBerry Ltd still being pursued by Samsung: Anatomy of a deal | Financial Post

[Corbu]

AH:

BBRY BlackBerry Limited $ 10.48 0.55 ▲ 5.54% 343,370

Relatively modest volume.

[W Hoa]

AH:

Relatively modest volume.

This story didn't break until almost 7 pm eastern time. Not much time to get things together considering AH closes at 8 pm.

[bbjdog]

BlackBerry and Canada would be stupid to sell! A partnership would be the wise thing to do. Samsung could have a say in the matter and the direction of the company. I myself have confidence in the current team. Why the sudden interest in the company? Maybe BlackBerry is doing a lot better then the propaganda paints the picture.

Mobile will not be fading anytime soon, so why sell! Now the patents aren't what they want, it's the company's software. Time to take a advil.

What will be tomorrow's news?

Posted via CB10

[leafs123]

BlackBerry and Canada would be stupid to sell! A partnership would be the wise thing to do. Samsung could have a say in the matter and the direction of the company. I myself have confidence in the current team. Why the sudden interest in the company? Maybe BlackBerry is doing a lot better then the propaganda paints the picture.

Mobile will not be fading anytime soon, so why sell! Now the patents aren't what they want, it's the company's software. Time to take a advil.

What will be tomorrow's news?

Posted via CB10

As a Canadian, I'm not sure what Canada has to do with this. Silly nationalist protectionism has no place in an open market. Companies get acquired all the time, whether it's Canadian companies as the target or the buyer.

In my view, the shareholders are the only ones who have a say whether the company gets sold, the government has no role in deciding so, unless it's against regulatory laws.