BlackBerry Limited BB

BB: What is an Economic Moat?

The term “economic moat” refers to a long-term competitive advantage that a company holds that protects its position in the marketplace. The term is inspired by the moat that surrounded medieval castles to protect the valuables within from invaders. A company with a strong moat possesses a competitive advantage that is both strong and sustainable.

$BB one day Im going to be so proud of myself self for holding- ?. It will come- its already on its way. LFG?

Bought 16000 at $3.57

We are at 5 year low, just prior to most profitable quarter! This is not the time to throw the towel! If you can, add and reduce your average cost!
Take a look at the Guest Speakers at SUMMIT Oct.17. 2023!!! It is spectacular!

$BB Chen has an ace in his pocket?

$BB. Say a person had 1000 shares - what would that do in a spin off?

$BB. ???

?$BB. Wish I had more dry powder.

On October 5, 2023, BlackBerry made a significant announcement regarding its future plans. The tech giant revealed its decision to divide its Internet of Things (IoT) and cybersecurity divisions into two separate entities. This strategic move aims to enhance the evaluation of BlackBerry’s principal businesses and their potential individually. Furthermore, it allows each unit to pursue its unique strategies and allocate capital accordingly.

BlackBerry plans to launch an initial public offering for its IoT subsidiary in the upcoming fiscal year, providing an opportunity for investors to assess its performance and future prospects independently. By creating a standalone entity for the IoT business, BlackBerry aims to offer a clearer understanding of its value and growth potential.

Simultaneously, this separation empowers the cybersecurity division to forge its own path and compete with industry giants such as Microsoft, CrowdStrike, and Sentinel One. With a distinct strategy and the freedom to allocate resources as needed, BlackBerry’s cybersecurity unit can better position itself in the highly competitive market.

This decision to split the two business units follows a trend observed in recent years, as numerous companies opt for a leaner corporate structure. This approach enables investors to evaluate individual businesses more effectively, leading to a better understanding of their respective strengths and growth opportunities.

Overall, BlackBerry’s strategic separation of its IoT and cybersecurity divisions signifies a new chapter for the company. This move aims to unlock the full potential of each business unit while enabling investors to make informed decisions based on their individual performance.

Price Target

Current $3.78

Concensus $4.58

Ben Son, you are intentionally wrong!
In this don’t, where you own 1000 BB shares, you will keep them and get for the value of the split of portion for IPO another pro rata 1000 shares in the IPO!
Since new IPO EXTREMELY rare come out at no less than $5. (otherwise Institutions don’t buy)! Further BB will most likely only put out 49% of this split subsidiary out in the offering, BB and you still will own and benefit from the offering of IPO!