10-05-13 03:11 AM
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  1. h20work's Avatar
    so it looks like out of the 5.9 million devices sold to end customers, 1.7 million of them were bb10 devices
    Sell like he//! Apparently has 2 definitions
    richardat likes this.
    10-01-13 10:48 PM
  2. BB_Bmore's Avatar
    Sell like he//! Apparently has 2 definitions
    Right, we have : "sell like hell".
    And we have : "sell??... Pffttt, Like hell!!!"

    Sent from my Motorola side view pager 4-5683-968
    10-01-13 10:58 PM
  3. hootyhoo's Avatar
    Ah, that makes sense.

    If bbry had $13b in assets not counting their cash, I'm sure I could get a loan from Wells Fargo tomorrow for what Prem was offering.

    So......

    We now have a counter offer on record!

    This should really help the stock price!
    10-01-13 11:05 PM
  4. RH1Pearl's Avatar
    Ah, that makes sense.

    If bbry had $13b in assets not counting their cash, I'm sure I could get a loan from Wells Fargo tomorrow for what Prem was offering.
    Based on recent news, the $157 million break up fee to Fairfax is a deterrent to potential buyers. Fairfax offer will also likely be $5 to $7 a share after due diligence if BlackBerry does not find any buyers
    10-01-13 11:08 PM
  5. fin2007's Avatar
    400M is not much considering the 4500 cut and other cost.
    10-01-13 11:11 PM
  6. amazinglygraceless's Avatar
    Educate yourself you have been braying and making a big A** out of yourself!
    No Debt,13 Billion in assets, not including cash! Not going Bankrupt with those severances!
    Now, what were you going on about...oh never mind...
    mikeo007 and techvisor like this.
    10-01-13 11:13 PM
  7. crackbrry fan's Avatar
    Now, what were you going on about...oh never mind...
    Correct never mind!

    Posted via CB10
    10-01-13 11:14 PM
  8. h20work's Avatar
    Based on recent news, the $157 million break up fee to Fairfax is a deterrent to potential buyers. Fairfax offer will also likely be $5 to $7 a share after due diligence if BlackBerry does not find any buyers
    $157M is peanuts if bbry is worth $13b (it's not).

    If bbry was worth $13b and you only had to pay $4.7b to buy it, you would make $8.3B instantly
    That's not even counting the bonus $2.6b cash you would inherit.

    If someone could make $10.9B, paying Fairfax $157m would be a no brainer
    amazinglygraceless likes this.
    10-01-13 11:18 PM
  9. milo53's Avatar
    Remember folks, Heins will receive a compensation package worth as much as $55.6 million for less than two years at the helm of the company. The agreement was reached between Heins and a three-person committee earlier this year that included Watsa. PW does not have the golden touch everyone thinks. Who signs off on such a crummy deal for the Shareholders? Win or lose, it gets paid. Performance based was not a thought? Really? This is good business?

    This company loves to burn the cash!


    Read more: BlackBerry shareholders, potential partners in dark as Fairfax constructs bid | CTV News
    NotGoodIMO likes this.
    10-01-13 11:24 PM
  10. milo53's Avatar
    Prediction.....Fairfax pays 7 bucks a share, at the end of the due diligence.
    10-01-13 11:26 PM
  11. h20work's Avatar
    Remember folks, Heins will receive a compensation package worth as much as $55.6 million for less than two years at the helm of the company. The agreement was reached between Heins and a three-person committee earlier this year that included Watsa. PW does not have the golden touch everyone thinks. Who signs off on such a crummy deal for the Shareholders? Win or lose, it gets paid. Performance based was not a thought? Really? This is good business?

    This company loves to burn the cash!


    Read more: BlackBerry shareholders, potential partners in dark as Fairfax constructs bid | CTV News
    Heins only gets that if the company is sold AND he is replaced. The $55m was based on the stock price in March, so it's most likely to be much less.
    jay_men likes this.
    10-01-13 11:30 PM
  12. richardat's Avatar
    Simple, you just multiply by two, add the square root of Pi and carry the 1....
    App opportunity! Are you listening s4bb? One for each currency.
    10-01-13 11:43 PM
  13. drewread's Avatar
    It does but not all of those people would qualify for severance or post-employment benefits (at $400 million that is almost $89K per). I suspect a good chunk will not. It will be interesting to see how that number breaks down...that is, if BlackBerry makes that available.
    And you know which people are being fired, how much they earn and how long they have worked at the company? Nobody there does..

    Either you are clairvoyant or making bold baseless statements...



    #GetWithBB10 Channel @ C000D7228
    10-01-13 11:52 PM
  14. BBNation's Avatar
    Heins only gets that if the company is sold AND he is replaced. The $55m was based on the stock price in March, so it's most likely to be much less.
    Why the hell BB won;t talk to AirWatch
    10-02-13 01:27 AM
  15. RH1Pearl's Avatar
    $157M is peanuts if bbry is worth $13b (it's not).

    If bbry was worth $13b and you only had to pay $4.7b to buy it, you would make $8.3B instantly
    That's not even counting the bonus $2.6b cash you would inherit.

    If someone could make $10.9B, paying Fairfax $157m would be a no brainer
    No interested parties other than Fairfax means BlackBerry is worth less than $4.7bn. The current stock price of $7.90 means it's worth around $4bn
    10-02-13 01:44 AM
  16. NotGoodIMO's Avatar
    Remember folks, Heins will receive a compensation package worth as much as $55.6 million for less than two years at the helm of the company. The agreement was reached between Heins and a three-person committee earlier this year that included Watsa. PW does not have the golden touch everyone thinks. Who signs off on such a crummy deal for the Shareholders? Win or lose, it gets paid. Performance based was not a thought? Really? This is good business?

    This company loves to burn the cash!


    Read more: BlackBerry shareholders, potential partners in dark as Fairfax constructs bid | CTV News
    Yeah, Heins gets $55 billion if Blackberry is sold. But did they say at what price? Thing is, Blackberry management made this quarter look really bad with all kind of tricks and now with no faith in the management, stock is getting even more hammered, which further serves their purpose. Now Analysts are saying Fairfax might even offer $7 for the company which is a total rip off for shareholders. This is nothing but pure theft. I am still wondering why Heins is not fired yet for doing such a lousy job, and Balckberry BOD should be overhauled immediately. I hope in the end justice will prevail.
    10-02-13 01:58 AM
  17. oilgeo10's Avatar
    Based on recent news, the $157 million break up fee to Fairfax is a deterrent to potential buyers. Fairfax offer will also likely be $5 to $7 a share after due diligence if BlackBerry does not find any buyers
    Yup, it says right on p.5 detailing the Fairfax offer, that the break fee isn't payable if the Fairfax Consortium reduces the offer price from $9 /share. No kidding!! If it ends up at $7 , Watsa and his bottom feeder value investing team will save another billion! If it hasn't been bad enough that BlackBerry has been a management disaster on all fronts of the BB10 rollout, now the company BOD has been completely hoodwinked in this 'sale offer' ! Think there are many shareholders that might rather see BB go bankrupt and close shop rather than allow this giveaway to take place.
    10-02-13 02:31 AM
  18. RH1Pearl's Avatar
    The worse scenario is Fairfax walks away from the deal. Stock will definitely fall below 5 bucks so shareholders have no choice but to accept Fairfax offer between $5 to $9. Will likely end somewhere in the middle of that range
    10-02-13 02:32 AM
  19. NaijaBerry's Avatar
    No surprises here really, its a corporate culture at BBRY to be inaccurate and disorganized!
    techvisor likes this.
    10-02-13 02:45 AM
  20. qwerty4ever's Avatar
    Well, there's no way to sugar coat it. so here it is:

    David Friend, Canadian Press | 01/10/13 | Last Updated: 01/10/13 7:33 PM ET



    BlackBerry Ltd says restructuring costs have quadrupled to US$400-million | Financial Post
    Management is a clusterfsck. Fire the entire management team and do not pay them more than 2 weeks severance. Personally, tarring and feathering is appropriate punishment, however, others might prefer the Wicker Man approach.

    Posted via CB10 from the BlackBerry Z10
    FairlightRacing likes this.
    10-02-13 03:10 AM
  21. TheEdge's Avatar
    Cash Reserves (2013) - and no debt

    In Billions
    =======
    (ios) Apple Inc - US$145 - US$150
    (android) Google Inc - US$50 - US$55
    (wp) Microsoft Inc - US$70 - US$75

    (bb os) Blackberry / RIM - US$2.0 - US2.5

    No big deal boasting 2B of cash reserves and no debt.

    Enough said.
    10-02-13 04:16 AM
  22. RH1Pearl's Avatar
    Cash Reserves (2013) - and no debt

    In Billions
    =======
    (ios) Apple Inc - US$145 - US$150
    (android) Google Inc - US$50 - US$55
    (wp) Microsoft Inc - US$70 - US$75

    (bb os) Blackberry / RIM - US$2.0 - US2.5

    No big deal boasting 2B of cash reserves and no debt.

    Enough said.
    Samsung will have about $35bn after debts in next Quarterly report
    techvisor likes this.
    10-02-13 04:31 AM
  23. kevinnugent's Avatar
    Samsung will have about $35bn after debts in next Quarterly report
    I'm surprised they don't have more. Is that just the mobile division or the whole company?
    10-02-13 05:20 AM
  24. mset's Avatar
    No Debt,13 Billion in assets, not including cash! Not going Bankrupt with those severances!
    Hello, and welcome to CB!

    Did you make the post above? Did you then make this post to another member?

    Educate yourself you have been braying and making a big A** out of yourself!
    Have you figured out the problem with the first post yet?
    10-02-13 05:22 AM
  25. RH1Pearl's Avatar
    I'm surprised they don't have more. Is that just the mobile division or the whole company?
    They had $28.5bn after debt in May 2013. Not sure if it's for all businesses
    10-02-13 06:11 AM
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