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BBRY - Blackberry formerly known as RIM


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BBRY - Blackberry formerly known as RIM

  #11 (permalink)
 Underexposed 
Calgary Alberta/Canada
 
Posts: 934 since Feb 2014


ZarethKnyght View Post

Underexposed: You're right, they're not trying to sell to the typical consumer market. They're playing their strengths and seem to have set their sights on businesses. They also seem to be ignoring the US market for the time being and focusing on other countries that are starting to see growth in their economy. Which would make sense if what Alphanator is saying about there being no Blackberry phones from companies like AT&T. They're also trying to move to make more of their revenue come from their software offerings more than their devices. I'm looking to see how they monetize their QNX and IoT.

Yes, their strength in the past has been the business client and their software/security of using their own servers. I think they are being smart there to recarve out their niche there. Going head-to-head with Apple/Samsung is an exercise of futility...there is a graveyard of cellphone companies who try.


ZarethKnyght View Post
I use websites like Nasdaq.com or Yahoo to help with my charting. Going to be trying out Finviz when I get the chance and see what they're like as I get more comfortable. I like Nasdaq the most so far for the financials. Google doesn't seem to report all the details and excludes some like the basic EPS but their Option chain page looks nicer. Still a lot for me to learn though.

I use several website services for charting for different purposes.

SharpCharts.com is the best overall charting service for Canadian/American stocks. It has a full slate of chart types/indicators and overlays. The free service is super and by all accounts the subscribed service is worth the money as well. but I don't do intra-day trading so the free is fine for me.

BigCharts.com is second best for me. It does do intra-day on a delayed basis, it can do almost any stock in the world but it is restrictive in the indicators in type and the fact that they cannot be customized.

I use Google Finance...not for the charts...that is average at best...I like the fact that they have flags which refer to news on the stock...a lot of it is rag media crap but that aside when a weird stock movement happens this site usually has some indication as to why.

Tmxmoney.com is a Canadian site that is a pretty good place for basic charting for long term (10+ years) but there are good fundamental values and financial report comparisons.

Different sites for different purposes. (Yahoo Finance charts suck big time)

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  #12 (permalink)
 ZarethKnyght 
Toronto, Canada
 
Experience: Beginner
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Here's some positive news regarding their latest offering, the Blackberry Passport.

For those that don't care to click on the link, it says that the Passport has been sold out on their Canada and US websites and any new orders won't be shipped until the 6th of October. This happened in under 6 hours according to the article. Can order them on Amazon on the 25th of September though.


Underexposed: Thanks a lot for those charting websites. I wasn't liking finviz too much as it seems that it needs a subscription to obtain the charts I wanted. Their free charts are pretty bad.

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  #13 (permalink)
 ZarethKnyght 
Toronto, Canada
 
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The GAAP adjusted EPS for the latest quarter was a loss of 2 cents a share. Beat the analyst estimate by a fair bit considering that they were expecting 16 cents loss a share. The revenue was down though $33.4m. Cash was up by $11m and no burn even though they had two acquisitions (SecuSmart and Movirtu). More people switching to BES through the EZ Pass program looks like. Which would explain the $33.4m loss I guess since less people paying a lot for BB7 devices on the older network. I'm no expert though so I'll let people who know better do their own analysis.

Here's the ER for Q2FY15: https://www.blackberry.com/us/en

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  #14 (permalink)
 Underexposed 
Calgary Alberta/Canada
 
Posts: 934 since Feb 2014

Blackberry is trying to kickstart a revival with the introduction of the "Passport" which gets its name as it is the same size and shape of the Canadian passport.

the jury is out...it is nice to see them sellout of their initial production but face it...it was only 200,000 units...not a huge commitment but then is there any hint of a problem with the product? software issues? bending of its shape?...not yet anyway.

https://www.blackberry.com/us/en

This is the most recent financial report for August 30, 2014. On a year over year basis things look a lot better but comparison to the previous quarter is a bit of under expectations but then it was in the throes of getting this last product released...mixed messages.

TA





This is an interesting chart. You can see the triangle that has formed. This is a triangle that can go anywhere as the Sellers are getting higher minimum prices on each cycle but the Buyers have dropped the maximum it is willing to pay as well... we are getting closer and closer to that apex when the real direction will be decided.

Aside from the triangle resistance and support diagonals there is a pretty strong resistance at $11.60 if we get a positive breakout...pass that resistance the next strong resistance I see is at $13.60 - $13.80 with possibly some problems before that at around $12.80.

If it breaks down then there is a pretty strong support at a band from $8.80 - $9.20. there are other supports lower but I don't think they will be needed.





On the surface this may seem quite bearish ... but really it is not... rather it is a chart in consolidation following that rise to about $11.10 and as normally happened it gravitates to the 20daySMA but overshot it on Sept 26 and pulled back.

the Slow Sto and MACD are falling but the slopes of each have lessened. The BBwidth is not showing its cards yet....see how flat it is even though you had that huge negative spike. The 50day SMA seems to be a support and I see it rising back to the 20day SMA for now...we are oscillating in that triangle we saw in the P&F chart.

A breakout or down could happen any day now but looking at that previous triangle I don't think it is immediate.





the CMF is mildly Bearish...only mildly as it seems to want to climb out of the mud...but it ain't there yet.

The RSI is flat on 50 and so is neutral....the DI +/- the green lies on red...neutral again with a very mild bearish flavour





Now here is interesting....see how that green cloud provided support in that drop and it is off...still kinda neutral if you look at those thin red/blue lines as they lie on top of each other.

the OnBal vol is pretty flat but the CCI is the only definite bear

Conclusion

The price direction is not clear yet...the Ichimoku gives me hope but that is all {I have lost my shirt through hope...sigh}

it is a watch for me until the price reaches closer to the apex of that triangle in the P&F chart....then it is a REAL watch.

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  #15 (permalink)
 ZarethKnyght 
Toronto, Canada
 
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A lot of interesting information coming out from Blackberry now. They've gained a major partner too from the looks of it.

BlackBerry +7%; BES12 launched, Samsung partnership announced - BlackBerry Ltd. ([AUTOLINK]NASDAQ[/AUTOLINK]:BBRY) | Seeking Alpha

Would be nice if they had said how many Blackberry Passports had been sold too but I guess the partnerships they've made recently is probably a bigger deal in the long run.

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  #16 (permalink)
 ZarethKnyght 
Toronto, Canada
 
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Supposedly Blackberry is being bought up by Samsug according to the following article:
https://ca.finance.yahoo.com/news/exclusive-samsung-makes-takeover-approach-blackberry-sources-205037763--finance.html

My thoughts: Not going to happen. Not with BES 12 just starting to generate cash for them starting at the end of this month. Partnership is more realistic.

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  #17 (permalink)
 
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 trendisyourfriend 
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BB have a lot of patents in their safe. The deal will make a lot of sense.

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  #18 (permalink)
 Underexposed 
Calgary Alberta/Canada
 
Posts: 934 since Feb 2014


ZarethKnyght View Post
Supposedly Blackberry is being bought up by Samsug according to the following article:
https://ca.finance.yahoo.com/news/exclusive-samsung-makes-takeover-approach-blackberry-sources-205037763--finance.html

My thoughts: Not going to happen. Not with BES 12 just starting to generate cash for them starting at the end of this month. Partnership is more realistic.

I am always suspicious of unrevealed sources and unverifiable information... especially when both companies deny the negotiations....

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  #19 (permalink)
 ZarethKnyght 
Toronto, Canada
 
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Yea. I posted that link before both companies denied it. I do know that they're working on something together though.

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