BB
BlackBerry Ltd
TMT
01/27/2015
Presented
| Date | 01/22/2015 |
| Price | $10.71 |
| Market Cap | $5.66B |
| Ent Value | $4.54B |
| P/E Ratio | N/A |
| Book Value | $6.39 |
| Div Yield | N/A |
| Shares O/S | 528.51M |
| Ave Daily Vol | 14,850,000 |
| Short Int | N/A |
Current
| Price | $2.49 |
| Market Cap | $1.47B |
| BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless communications platform solution, which includes the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data. Its technology also enables third party developers and manufacturers to enhance their products and services through software development kits, wireless connectivity, data, and third-party support programs. The company’s portfolio of products, services, and embedded technologies include the BlackBerry wireless solution, the BlackBerry Wireless Handheld product line, the BlackBerry PlayBook tablet, software development tools, and other software and hardware. It also provides BlackBerry smartphones; BlackBerry Enterprise Service 10, an enterprise mobility management product; QNX software for embedded systems market; and BBM, instant mobile to mobile private messaging service. In addition, the company offers development platform that allows third party commercial and enterprise software developers to build and deploy custom applications to run on BlackBerry smartphones; products and technologies to third party developers, wireless carriers, and enterprise customers to develop, distribute, and manage these applications; and a suite of software development tools. Further, it provides the BlackBerry Messenger Social Apps Platform; and push, payments, advertising, location, maps, analytics, and Scoreloop services, as well as repair and maintenance services. BlackBerry sells its BlackBerry wireless solutions through wireless communications carriers and third party distribution channels. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada. |
Publicly traded companies mentioned herein: Apple Inc (AAPL), BlackBerry Ltd (BBRY), Citrix Systems Inc (CTXS), MobileIron Inc (MOBL), VMware Inc (VMW)
Highlights
Based on relatively poor fundamentals, a negative outlook, and an inflated share price due to M&A rumors the presenter is short shares of BlackBerry (BBRY). On a sum of the parts basis, he values the company at $8 per share, which is significantly lower than current levels.
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