Hi Everyone,
BlackBerry is set to have a parabolic run over the next few weeks/months with many upcoming catalysts! Below is my analysis of why I think the stock is going higher.
Buying BlackBerry now is similar to buying $AMD at $2.00 in 2014 when SU BAE stepped in as CEO and took the stock to the moon! I believe this is a very similar opportunity right now! 🤫
My fellow APES 🐵 just remember that DIAMONDS 💎 are made under PRESSURE 🖐
Good Luck and let's hope that PAPA CHEN makes it rain TENDIES! 🐔 💦
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Background - The turn around story of the SLEEPING GIANT 💪
Under the leadership of CEO John Chen, BlackBerry has spent the past 8 years pivoting from hardware smartphones to the future: (1) IoT Internet of Things (2) Automotive/EV and (3) Cyber Security.
All three of these areas are growth opportunities and BlackBerry has strategically partnered with many large tech companies including: Amazon, Microsoft and Qualcomm.
The market value of BlackBerry is CRIMINALLY UNDERVALUED at \~$6 Billion compared to their competitors such as $CRWD at $53 Billion, $PANW at $54 Billion and $ZS at $48 Billion to name a few.
The transformation of the business can be summarized in the slide below. Mickensy Consulting has estimated that the pool of reoccurring revenue from the IoT and connected car will grow exponentially over the next 10 years, which is VERY GOOD for BlackBerry's new business model!
https://preview.redd.it/nz8x76naet181.png?width=1791&format=png&auto=webp&s=ac2fed12d7a96a69d5287f1d39701793698b4985
https://preview.redd.it/n0ietxa1bm181.png?width=1246&format=png&auto=webp&s=01c9ae993ec8935af6e04c22163b46fd9dae1aae
Patent Sale/Settlement/Partnership Announcement 💰
There is been lots of speculation and rumors over the past few month from various sources, ranging from Facebook $FB being the sole purchaser for cash up front and/or a partnership deal, to a group of parties. The range of the deal is said to be worth $1 Billion to $2 Billion.
On the last conference call, CEO John Chen said that there is about an "80% probability that the deal closes by Q4". This date is November 2021, which is next week. However, they could also be waiting to release it during their next earnings call on December 21st, 2021.
https://preview.redd.it/8xyowycxdm181.png?width=936&format=png&auto=webp&s=40ff564570e406d24aba3aa07c6e2ab7fc688ede
QNX, IoT (Internet of Things), Amazon IVY and the connected car ecosystem 👍
QNX real-time OS is installed in 195M cars today, out of 1.4B cars in total on the road worldwide. QNX enables many different software pieces to run in a car, so acts as a kind of central control unit. QNX is becoming the predominant OS for connected cars, since it´s installed in so many cars. Whilst today $BB licenses QNX to OEMs on a per-unit royalty basis, QNX is effectively set up (through Blackberry Ivy, in partnership with $AMZN) to be the foundation of the data value chain for the auto industry, which McKinsey estimates will be quite big, specially for a company ($BB) with a market cap of $6 Billion today. I think this will extend to other verticals over the next decade.
In addition to the North American and Japanese automakers, BlackBerry QNX also have partnerships with Chinese EV's such as $XPEV and $BIDU (who plans to make EV's in the future).
https://preview.redd.it/vbofc4ylcm181.png?width=1802&format=png&auto=webp&s=70c9e30b3355c64189e13e571d22b97ca3e491ac
https://preview.redd.it/zg0wqrep9m181.png?width=972&format=png&auto=webp&s=ce09018f2ca2e5ef565636a78b4e7d65ab5224dc
https://preview.redd.it/451j7o02am181.png?width=941&format=png&auto=webp&s=4826ae27694734e9984d64fbdbed2559d2ab4c0a
**CES 2022 BB will be demonstrating both cyber and IoT with key partne