1. Grafic111's Avatar
    11-04-14 12:36 PM
  2. gimmi786's Avatar
    Good read... thanks OP

    Posted via CB10
    11-05-14 07:53 PM
  3. hoonigan99's Avatar
    Great read, also very reassuring to see that FairFax is not interested in selling the company and has confidence that there is still room for significant growth.

    BB for Life
    11-05-14 08:06 PM
  4. THBW's Avatar
    Great read, also very reassuring to see that FairFax is not interested in selling the company and has confidence that there is still room for significant growth.

    BB for Life
    Yes, but didn't we hear last week that Lenovo was going to buy BlackBerry. Oh well, the old rumor mill was wrong again.

    Posted via CB10
    11-05-14 10:54 PM
  5. Prem WatsApp's Avatar
    Great read, also very reassuring to see that FairFax is not interested in selling the company and has confidence that there is still room for significant growth.

    BB for Life
    Prem's not gonna sell his gems....

    Hahaha... :-)

    ? ? ? Passposted via CB Chen ? ? ?
    11-06-14 06:00 AM
  6. THBW's Avatar
    Prem's not gonna sell his gems....

    Hahaha... :-)

    ? ? ? Passposted via CB Chen ? ? ?
    Yes, a fire sale has never been in the cards and this is entirely predictable. Prem Wasa is a venture capitalist and unlike a lot of the scum that in infests this field, he says what he means and he is forthright in his business dealings.

    Posted via CB10
    11-06-14 07:25 AM
  7. lnichols's Avatar
    Yes, a fire sale has never been in the cards and this is entirely predictable. Prem Wasa is a venture capitalist and unlike a lot of the scum that in infests this field, he says what he means and he is forthright in his business dealings.

    Posted via CB10
    Haha hahaha!!!! Like when he said he was buying the company to take them private then backed out? He'd sell the company in a second, incentivized TH's package for selling the company, if he made healthy return.

    I swear this forum has short memories and will anoint BlackBerry higher ups as Saints way too easily.

    Posted with a BlackBerry Z10
    11-06-14 08:04 AM
  8. Banco's Avatar
    Every publicly quoted business is for sale. Every single one. You just need an offer big enough.

    Posted via CB10
    app_Developer likes this.
    11-06-14 08:06 AM
  9. hoonigan99's Avatar
    Haha hahaha!!!! Like when he said he was buying the company to take them private then backed out? He'd sell the company in a second, incentivized TH's package for selling the company, if he made healthy return.

    I swear this forum has short memories and will anoint BlackBerry higher ups as Saints way too easily.

    Posted with a BlackBerry Z10
    While that was the game plan at one point, it was also before he invested another $1B into the company to finance it's turnaround. The prospects look better at this point so why on earth would they sell, they risked a lot on the company and its only now starting to get its grip and nearing profitability. Selling now would just be irresponsible, letting the new owners benefit over the next two years as the company recovers and makes good profits

    BB for Life
    11-06-14 10:44 AM
  10. Prem WatsApp's Avatar
    Haha hahaha!!!! Like when he said he was buying the company to take them private then backed out? He'd sell the company in a second, incentivized TH's package for selling the company, if he made healthy return.

    I swear this forum has short memories and will anoint BlackBerry higher ups as Saints way too easily.

    Posted with a BlackBerry Z10
    With due respect, it's not that easy to drum up $4.7 billion for buying a company that's been said to be dead multiple times already... :-)

    Prem has a responsibility for the money / assets of the people he's managing as well. It's not all his own money.



    Zzzzwiped from a Zedevice....
    11-07-14 03:47 AM
  11. lnichols's Avatar
    With due respect, it's not that easy to drum up $4.7 billion for buying a company that's been said to be dead multiple times already... :-)

    Prem has a responsibility for the money / assets of the people he's managing as well. It's not all his own money.



    Zzzzwiped from a Zedevice....
    No he was hoping someone would make a higher offer and he would get out with a tiny profit. When that didn't happen he gave them a loan for preferred debt. TH's package was clearly incentivized to sell the company, not make it successful.

    Posted via CB10
    11-07-14 07:31 AM
  12. hoonigan99's Avatar
    No he was hoping someone would make a higher offer and he would get out with a tiny profit. When that didn't happen he gave them a loan for preferred debt. TH's package was clearly incentivized to sell the company, not make it successful.

    Posted via CB10
    At that time, this may be true. But as of now, they have invested more into it and there is no reason (outside knowledge) for them to not stay on board and make great gains as BBRY returns to profitability. BlackBerry hasn't even reached profitability yet, and shares are way up from when Chen took over. The outlook would be that, assuming all goes according to plan, they will be profitable soon and that should drive the shares well into the 12-16 region. Why sell now for 10-15 when the possibilities could get them into the 20s in a few years.

    BB for Life
    11-07-14 04:49 PM
  13. lnichols's Avatar
    At that time, this may be true. But as of now, they have invested more into it and there is no reason (outside knowledge) for them to not stay on board and make great gains as BBRY returns to profitability. BlackBerry hasn't even reached profitability yet, and shares are way up from when Chen took over. The outlook would be that, assuming all goes according to plan, they will be profitable soon and that should drive the shares well into the 12-16 region. Why sell now for 10-15 when the possibilities could get them into the 20s in a few years.

    BB for Life
    BlackBerry profitability is irrelevant. Prem's profitability is what is at issue! If he can can profit and BlackBerry die in the same process then I have no doubt BlackBerry would be told will be dead!

    Posted from my Z30
    11-07-14 06:22 PM
  14. Prem WatsApp's Avatar
    No he was hoping someone would make a higher offer and he would get out with a tiny profit. When that didn't happen he gave them a loan for preferred debt. TH's package was clearly incentivized to sell the company, not make it successful.

    Posted via CB10
    You mean "tidy" profit?

    BlackBerry doesn't need to die for Prem to make a profit. BlackBerry's profit can be his profit. Correlation...

    ? ? ? Passposted via CB Chen ? ? ?
    11-08-14 01:35 AM

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