Research In Motion (RIM)

 

Oder mehr !!!  

wie der Kurs am Freitag nach Börsenschluss steht. Ich denke, erst dann hat man eine ungefähre Ahnung davon, wo und ob  sich das Ding stabilisiert hat.  

Das Ding heute wieder runter prügeln. Was denkt ihr?  

Der Kurs ist noch nicht zu stark
gestiegen ( positive Zahlen ) daher kann ich mir vorstellen dass es Heute
nochmal grün endet!!  

Kann mir jemand mal erklären, warum der Call Optionsschein CK5X90 heute im Minus steht, nach dem der Basiwert stark angestiegen ist und heute morgen die erste Kursfestellung bei Scouch bei 1,00 EUR im ASK lag...???
Danke..  

dass die Commerzbank den Kurs heute morgen auf Grund der erhöhten Vola bei in der Aktie, bei der Eurex mal eben nach unten angepasst hat. Hab eben bei deren Derivateabteilung angerufen. Als wenn die Vola erst seit gestern bei dem Papier etwas erhöhter wäre. Lächerlich.... So wird man mal eben abgefrühstückt.......

 

sollen die Banken die selbst kaufen und sich selbst verarschen!

Investiert lieber in die Werte - Aktien!  

als strangle handeln will gehts aber leider nicht anders....

 

Exane BNP hebt Ziel für Blackberry auf 7,00 US-Dollar - 'Neutral'

http://www.finanznachrichten.de/...auf-7-00-us-dollar-neutral-322.htm

Die sind ja richtig enthusiastisch ^^  

Am 18.4. wird der Nokia Quartalsbericht veröffentlicht.

Wie man an Kunden wie Home Depot etc. sehen konnte, nagt unter anderem auch Windows
Phone an den BB Stammkunden.

Meiner Meinung nach könnte der 18.4. auch für BBRY ein kritischer Tag werden. Wenn die Nokia Verkaufszahlen gut sein sollten, könnte der BBRY Kurs zumindest temporär einbrechen.

Ich habe mir den Tag jedenfalls im Kalender rot angestrichen und werde den Tag ganz besonders beobachten.  

Home depot hat iphone s4 gekauft keine Nokia Geräte.

 

muesste kommen,Chinesen wollen lieber BBRY ,ansta Apple

 

einfach nicht das BBRY steigt,gesesten mal etwas hoch,heute schon wieder,sell,abgestufft.

 

Thx, Du hast recht, aber irgend ein großer Kunde war das aber.  

Heisst das, dass es morgen oder sonst was auch wieder in die andere Richtung angepasst werden könnte..weil im Moment werden alle Gewinne aus dem Basiswert mehr als aufgefressen ....entgegen jeder Logik!  

 das PT anheben, ist doch alles k!

 

 http://www.cityam.com/article/...erry-sales-crumble-uk-android-reigns

 

 ich habe mal eine Frage. Warum werden Gaps immer geschloßen? 
 Ich meine hier haben wir wieder das GAP schließen müssen, bevor es hoch ging. Kann mir das einer vllt. erklären?

 

 http://www.nasdaq.com/symbol/bbry/option-chain#.UVrvKZMhETl

 

...dass nicht mehr ganz so viel tägliches Handelsvolumen auf dem Parkett durch die Hände geht. Hoffentlich reduziert sich dadurch die Valatilität...  

alles ruhig ...  

 Links gepostet...wo Verizon und T-Mobile das ganze sehr gut promoten und jetzt hat auch die Takeover-AD eingesetzt (oder ist das erst kommende Woche?).  Ist ja auch egal..die Werbekampagne läuft an! 

 

 ist das aber kein Rekordverdächtiges geringes Volumen für BBRY?

 

BlackBerry (BBRY) announced its Q4 2013 results Thursday following many weeks of speculation, controversy and wild swings in the stock price. Top line revenue was slightly below expectations, but the bottom line handily beat expectations, showing a profit of $0.18 versus Street expectations of a $0.32 loss. Adjusting for a one-time expense related to the CORE program, and backing out the tax rebate, the final figures come out to about break even for the quarter - something that most analysts were not expecting to happen until 2015, if at all.
Sales of the Z10 phone were in line with the higher end of expectations at 1,000,000 units for the 1 month period between the launch and the end of the quarter. Considering that the phone was only available in about 25% of BlackBerry's worldwide markets, that figure is not too shabby. Overall phone sales were 6,000,000 compared to 6,900,000 in the previous quarter. Some of the overall sales decline can probably be accounted for by expected seasonal variations. However, it remains clear that sales of the older BB7 series phones are facing stiff competition from Android phones at the lower priced end of the market.
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A decline in the number of subscribers (from 79 million to 76 million) was expected, though the rate seems to be accelerating. According to BlackBerry CEO Thorsten Heins, the decline in subscriber base is expected to continue into Q1,2014, with a "single digit" decrease anticipated. BlackBerry has recently announced plans to open up its BES10 system to users of Apple (AAPL) and Android phones. Presumably, that move will reverse the decline in the subscriber base if it succeeds in attracting other users to the more secure BES10 system.
Approximately 55% of the Z10 sales were made to users who were switching from other operating systems. This is a very strong indication that the Z10 sales are not solely a result of pent-up demand, and that the strong sales are not coming from the existing BlackBerry customer base. It also indicates that early Z10 sales are being driven by consumers rather than enterprises. The Q10 keyboard phone, which is very popular among BlackBerry subscribers, is due to launch later this month. This, along with sales to enterprises, should ensure that the BB10 sales are sustainable for the medium term.
Perhaps the most surprising number in the results was an increase in gross margins from 30.4% to 40.1% of revenue. Revenue per phone sold has increased from $237 to $272. If we assume that the BB7 revenue per phone is unchanged from the previous quarter, the revenue per phone for the BB10 comes to $448. This seems reasonable, considering a retail price of $600 and a retail mark-up of 33%. The table below compares the last two quarters.
                  Q4        Q3§
Revenue (millions) $ 2,678 $ 2,727
Cost of sales $ 1,603 $ 1,897
Gross margin $ 1,075 $ 830
                              §
Gross margin % 40.1% 30.4%
                                        §
  Hardware§$ 1,634 $ 1,636
Software and services $ 1,044 $ 1,091
                              §
Phones sold 6,000,000 6,900,000
       BB7 5,000,000 6,900,000          §
      BB10 1,000,000         -          §
                              §
Rev per phone $ 272 $ 237
                              §
Rev per BB7 $ 237 $ 237
Rev per BB10 $ 448
If all of the improvements in gross margin were solely a result of a change in the sales mix of BB10 and BB7 phones, that would imply a margin on BB10 phones of about 63% and a base cost of only $165. That figure is probably too optimistic.
The BlackBerry CORE program, initiated last year, has produced about 1 billion dollars in operating cost savings. These savings have come partly from staff reductions, and partly from efficiencies and cost savings in the supply chain. It is possible, therefore that some of the gross margin improvement has come from cost reductions in the services business for the BB7 phones.
For the purpose of this analysis, I have set the gross margin on the BB10 at a more reasonable 40%, and adjusted the margins on the BB7 and the services to match the Q4, 2013 results.
In a previous article, I came up with a prediction of 1.5 million Z10 sales for Q4 2013 and long-term sales of 7 million per quarter. I did this by breaking the sales into three components - normal sales to BlackBerry users, pent-up demand and sales to users switching from other platforms. I have adjusted the model to match the actual sales of 1 million for February. The rates at which users were switching from other platforms has been kept the same, so the main effect was to reduce the sales generated by "pent-up" demand. The estimated sales are:
          §Estimated quarterly sales
    Canada   900,000
        UK   950,000 
       USA 1,910,000 
       UAE   260,000 
     Italy    80,000 
   Germany   260,000 
    France   340,000 
     Spain   340,000 
Netherlands 80,000§
Saudi Arabia 610,000
 Australia    80,000
    Others   170,000 
     Total 5,980,000§
The predicted quarterly number now comes to 5.98 million. I have assumed a decline in service revenue to 90% of the Q4 service revenue, and a decline in BB7 sales to 1 million per quarter.
Plugging those numbers into a valuation model based on the margins calculated from the Q4 results gives the following quarterly results:
          §Projected future
Revenue (millions) $ 3,856
  Hardware§$ 2,916
Software and services $ 940
Cost of sales $ 1,701
  Hardware§$ 977
Software and services $ 724
Gross margin $ 2,155
                    §
Gross margin % 55.9%
                    §
Operating expenses
Research and development 383
Selling, marketing and administration 785
Amortization       181
           §
Income from operations $ 806
Quarterly EBITDA $ 987
                    §
Value (6 x annual EBITDA) $ 23,700
                    §
Value per share $ 44.95
How important is the U.S. launch? If I take out all of the projected U.S. sales, the valuation still comes to $27/share
To be worth $45/share, BlackBerry does not have to accomplish very much in the way of market share increases. In my financial analysis, the number of phones sold is only the same as Q3 2013. All BlackBerry needs to do is to carve out a small niche for itself and stay at the high end of the market, replacing sales of BB7 phones with sales of higher margin BB10 phones.
The Q4 results were a good indication that BlackBerry has turned things around, cash flow was good and there were no ugly surprises. The results were perhaps not spectacular enough to send the shorts running for cover, but they were good enough to establish the company as a solid prospect for the medium-term