We are already at his $7 PT. He's waiting for the ER so he can lower the PT to $6 and they will try the bear raid due to lower hardware revenue....
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We are already at his $7 PT. He's waiting for the ER so he can lower the PT to $6 and they will try the bear raid due to lower hardware revenue....
August is before Chen will (likely) get out of hardware. Either this trader thinks they will enter some kind of partnership (or long term IP for hardware?), or get bought out ($15 on the table? Chen could make this public and call a shareholder vote? Maybe Prem is willing to take a 10% haircut by now....)....or Chen folds the cards on hardware this ER - but I don't see that. Maybe there is some inside leak....
ICYMI
Reminder: BlackBerry annual and special meeting webcast to be held on June 22 | CrackBerry.com
You'll find all links for webcast there.
GL 2 all !
Noobies (me) : be extremely cautious with trades for the next couple of days ... things can go VERY fast, either ways.
http://m.propertyweek.com/5083707.ar...lesite=enabled
!BlackBerry planning for the Long Term...not disappearing anytime soon....
http://www.costar.co.uk/en/assets/ne...s-record-rent/
Posted via CB10
Attachment 402658
nice find WTaFC !
Is the ER report tomorrow morning, or after the bell?
Hey
I just did this....
I typed in 'blackberry earnings date' on google.ca and this is what came up...
Search Results
BlackBerry Limited is expected* to report earnings on 06/23/2016 before market open. The report will be for the fiscal Quarter ending May 2016. According to Zacks Investment Research, based on 8 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.1.
BlackBerry Limited (BBRY) Earnings Report Date - NASDAQ.com
www.nasdaq.com/earnings/report/bbry
.... from what I recall since following BlackBerry, they typically do their earning in the AM. I am not sure if this viewed as a more powerful time to release their earnings, possibly a tactic of force from back in the day, but like Superfly said, the stock can roll up and down pretty wildly during these calls, as all the info is brought out and spoke to.
A couple earnings ago, I sold some on the 'good' news and then the stock kept going up, and I foolishly bought back, only to have it drop the next day.
So, I'm not sure what my current strategy is, I just hope it's exciting, as there hasn't been much news lately and I am pretty sure priv sales are poor, at least in the consumer space.
Posted via CB10
A lot easier to understand now. Many thanks for taking your time to explain.
Posted via my BlackBerry PRIV
Bunga are you ready for the usual suspects?
Posted via my BlackBerry PRIV
[info] Guys, that's E.R times and you will read things you would prefer not.
We still request everyone remain civil, friendly and open minded.
Shall a post be against our rules and guidelines (not an "interpretation" of them, not something you don't like or is negative regarding BBRY), please use the report button and allow some time for the mod team to review it before burning flames. Hint: In the doubt ? Well, you probably know you should not post what's at your fingertips and very likely should consider chilling out before typing ;)
[/info]
I think that they hired actors to ask stupid questions so that by the time sceptics get the opportunity, time is up. What a joke!
Posted via CB10
However any interesting question?
Posted via my BlackBerry PRIV
???
Posted via CB10
I didn't know Q&A was like a 'leave a paper in the suggestion box'.... I haven't heard a single question about their financials, actions, performance,....
Posted via CB10
This Q&A was the worst ever.
Stupid people kept commenting on random things.
It sounded like even the moderator was getting pissed because people weren't actually asking relevant questions or questions at all!!!
Posted via CB10
Yeah.....
They should limit people to 20 seconds per question.....
Some guy was giving his autobiography.......
Posted via CB10
uhhh .. I've been caught in lengthy conference call ...
So, as expected, nothing new to talk about ?
Edit & Thanks to Bla1ze (here : http://crackberry.com/blackberry-ann...cast-live-blog) :
Attachment 402679
Attachment 402678
Attachment 402677
Attachment 402676
Attachment 402675
Attachment 402674
Attachment 402672
Attachment 402671
So BlackBerry "exclusive" is 13% in volume. Corbu : would you please ask again about % in value ?
Attachment 402670
P.S: you'll find in the link above some extra screen captures, jump page 11 for media/clients/partners quotes.
Underwhelming. At best. IMHO. Sorry to say...
That was terrible. I was cringing while listening.
Posted via the CrackBerry App for Android
BlackBerry Earnings: What to Watch - WSJ
Canadian smartphone maker is seen posting a wider loss as shift to software services continues
Canadian smartphone maker BlackBerry Ltd. is set to report results for its first quarter of fiscal 2017 before markets open Thursday. A key focus again will be on the company’s mobile-device management software and services business, which has been growing as Chief Executive John Chen’s efforts to shift BlackBerry’s focus away from its roots as a consumer smartphone player continue to take shape.
EARNINGS FORECAST: Analysts expect a loss of 8 cents a share for the quarter ended May 31, according to Thomson Reuters. That would be bigger than both its year-earlier loss of 5 cents a share and its fourth-quarter loss of 3 cents.
REVENUE FORECAST: BlackBerry is expected to report a 28% decline in revenue from a year earlier, to $471 million, according to analysts. Fourth-quarter revenue totaled $464 million.
WHAT TO WATCH:
--SOFTWARE & SERVICES REVENUE: Last quarter, BlackBerry surpassed its target of $500 million in sales from software and services for fiscal 2016. As the company attempts to reinvent itself as a maker of higher-margin secure software and services for governments and businesses, analysts will pay attention to previous guidance that the segment is on track to generate 30% revenue growth this fiscal year. RBC Dominion Securities Inc. expects BlackBerry to report a 25% boost in organic software growth in the latest quarter.
--HANDSET SALES: BlackBerry has said it needs to sell about three million handset devices in a year for that business line to break even. If BlackBerry can’t make its handset division profitable, Mr. Chen has signaled BlackBerry could stop making devices entirely. The company recognized revenue on 600,000 smartphones in the fourth quarter, which was down from 700,000 in the third quarter of fiscal 2016. Analysts expect BlackBerry to report a slight boost in handset sales in the first quarter of fiscal 2017 and are looking for an update on upcoming handset launches.
--OUTLOOK: Any comments on guidance, device sales or upcoming handset launches will be closely parsed. BlackBerry has said it expects to continue to generate positive free cash flow in fiscal 2017.
https://www.yahoo.com/tech/blackberr...--finance.html
BlackBerry's top goal to make devices profitable this year: CEO
In other news, it looks like Christmas in the markets.
Attachment 402682
Posted via Overheating Z10
Everyone knows that Financials come tomorrow, can't say anything about the company that isn't known already. Showtime is tomorrow.
Posted via CB10
For those who missed it, replay of Special Meeting now available:
Listen to the BlackBerry annual and special meeting replay | CrackBerry.com