BlackBerry Ltd.

On my other blog I am today writing about possible cheap dividend stocks for August 2014 continue...

I do not own this stock of BlackBerry Ltd. (TSX-BB, NASDAQ-BBRY), but I have in the past owned it when it was called Research in Motion or RIM. In fact a made a lot of money in this company, but this was early in the 2000's. I always liked tech stocks and this was a fast rising tech when I was interested in buying it.

Investors in this stock have really not done well lately. The 5 and 10 year total returns to date are a negative 31.65% per year and a negative 8.49% per year. The stock hit a peak of around $123.52 in 2008 and it has been basically declined since. The latest price I have is $10.15.

The Revenue and Revenue per share is down over the past 5 years, although it is up over the past 10 years. The decline is Revenue is at 9.2% per year over the past 5 years and the decline in Revenue per Share is at 7.9% per year over the past 5 years.

The company has had no earnings over the past 2 years. No analyst seems to expect it to have any positive earnings over the next two years either.

Cash Flow is down by 13.1% per year over the past 5 years. Cash Flow per Share is down by 11.8% per year over the past 5 years. The reporting for this stock is in US$ and the above figures are in US$.

The Bibey Post has a very upbeat recently article on this stock. Also there is a positive article in the Financial Post about BlackBerry buying Secusmart GmbH, the German producer of anti-eavesdropping technology for smartphones.

The analysts' recommendations are all over the place. Recommendations cover Buy, Hold, Underperform and Sell. They are no Strong Buy recommendations. The consensus recommendation would be Hold. Most of the recommendations are a Hold. The 12 months consensus stock price is at $8.84, a value below the current stock price.

Sound bit for Twitter and StockTwits is: Not yet time to buy. I must admit I have made my money in this stock and I keep looking at it because I am curious about its future. I have no plans to buy this stock now or in the future. See my spreadsheet at bb.htm.

I will have only one entry for this stock as I must do on some stock because I cover too many stocks to do double entries on all that I follow.

BlackBerry Ltd. develops hardware and software solutions for mobile communications. It provides platforms and solutions, which support multiple wireless network standards through the development of integrated hardware and software services. Its web site is here BlackBerry.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

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