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Michael Collins  

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  • BlackBerry: New CEO Shows His Hand [View article]
    Agreed - so much information points to BES10 main advantage over Fixmo and Good is that they can manage BB10s...but if are not around then its ALSO over for BES10?? People often miss this.

    Viewed this way.. US Dod took Fixmo on and not BES 10.

    So phone, no Bes 10...whats left? Service revenues, BBM, and patents. Anything else I'm missing?
    Dec 6, 2013. 05:09 AM | 2 Likes Like |Link to Comment
  • BlackBerry: New CEO Shows His Hand [View article]
    I agree with this 100%:
    "Then over time if they are lucky, the masses will start to adopt it because of the prestige."...only time, years of it, will fix this.

    Right now you cannot walk into a store without a salesman telling you "avoid it , they're bankrupt." Today nobody other than die hard Crackberrry fans and patriotic Canadians, no one will buy these.

    They could re-emerge later however down the road as a prestigious sub brand for execs etc. This will take a few years. It is possible.

    Currently, the consumer brand as handset, is 100% dead. If you doubt this walk into UK or US retailers. I love the Q10, but Heins crashed this brand into the ground.
    Dec 6, 2013. 05:03 AM | 3 Likes Like |Link to Comment
  • BlackBerry: New CEO Shows His Hand [View article]
    Great article. I enjoyed to your reference to a start up. It really is.

    The only issue with that analogy is that start ups do not have brands hanging over them that have had their image irreparably destroyed in the eyes of consumers an corporate buyers. The only way this company will ever sell a phone again with the word 'Blackberry" on in it is if it has a "Blackberry by Google or Microsoft" tagline.

    Also agree with you on earnings. I see no upside there. Just flat or down at best and then a long fight. Shorts know it too.

    Thanks for the article. Finally a good well written read.
    Dec 5, 2013. 05:36 PM | 9 Likes Like |Link to Comment
  • God Help Me, I Woke Up With A Long Position In BlackBerry [View article]
    Prem's NEW stake:
    Hamblin Watsa Investment Counsel Ltd.

    83,948,100 shares

    15.96%

    $538.9M

    Nov-13-2013

    Others below:
    PRIMECAP Management Company

    28,584,439

    5.43

    183.5

    Sep-30-2013

    Lazaridis, Michael

    24,942,563

    4.74

    160.1

    Oct-08-2013

    TD Asset Management, Inc.

    15,587,417

    2.96

    100.1

    Sep-30-2013

    1258702 Ontario Ltd.

    11,209,106

    2.13

    72.0

    Oct-08-2013

    Merrill Lynch & Co. Inc., Asset Management Arm

    8,924,498

    1.70

    57.3

    Sep-30-2013

    Morgan Stanley, Investment Banking and Brokerage Investments

    8,628,362

    1.64

    55.4

    Sep-30-2013

    Grantham, Mayo, Van Otterloo & Co. LLC

    8,465,318

    1.61

    54.3

    Sep-30-2013

    BMO Investments Inc.

    8,403,662

    1.60

    54.0

    Sep-30-2013

    Viking Global Investors L.P.

    8,110,800

    1.54

    52.1

    Sep-30-20
    Nov 20, 2013. 04:47 PM | 1 Like Like |Link to Comment
  • God Help Me, I Woke Up With A Long Position In BlackBerry [View article]
    "Got rid of the profligate spending of certain now departed execs"

    I guess you didn't hear that Heins and misspent the entirety of last year flying at 50,000ft in private jets firing people.

    I guess you didn't hear that Heins ordered a new Jet in July when his company was going out of business.

    Heins, his Formula1 Hobby and Alicia Keys Starf@cking 'sponsorships' was the epitome of profligate spending.
    Nov 20, 2013. 04:41 PM | 3 Likes Like |Link to Comment
  • God Help Me, I Woke Up With A Long Position In BlackBerry [View article]
    The best title. EVER.
    Nov 20, 2013. 04:20 PM | 3 Likes Like |Link to Comment
  • BlackBerry's BB10 No Longer Available At The U.K.'s Phones4U [View article]
    1. I never claimed he holds the entire $1b of the debt
    2. Unsecured debt is senior to common equity last time I looked?
    3. I never insinuated he would tank the company and wipe out his equity for a laugh...

    But: He represents the debt holders and is Chairman of the board. I consider this a conflict of interest from a shareholders POV.

    As mentioned below, the patents will cover the debt, so I doubt he will allow Chen to sell them. Maybe i'm wrong, Let's see.

    "Cash is better than patents anytime to ensure debt repayment. "-> Really? Even when a company writes down a billion dollars every other quarter?
    Nov 19, 2013. 05:51 PM | 1 Like Like |Link to Comment
  • BlackBerry's BB10 No Longer Available At The U.K.'s Phones4U [View article]
    This is a good point: why would Prem ever let Chen sell the patents?

    Prem controls Chen, Prem holds the debt, Prem will never let Blackberry unload the only asset that guarantee his debt.
    Nov 19, 2013. 04:13 AM | 2 Likes Like |Link to Comment
  • BlackBerry's BB10 No Longer Available At The U.K.'s Phones4U [View article]
    "The issue with planes is nonsense" really?

    Do you not live on the same planet at as I do where the idiot ordered a new plane in July while the company was falling to apart and he was firing everyone?
    Nov 19, 2013. 04:07 AM | 2 Likes Like |Link to Comment
  • BlackBerry's BB10 No Longer Available At The U.K.'s Phones4U [View article]
    Crackberry.com user forums. Do it and you will be stunned. Pm me if you need help.
    Nov 19, 2013. 04:03 AM | Likes Like |Link to Comment
  • Chasing Yield: Don't Buy These 3 REITs [View article]
    Wow! You ripped that Brad Thomas a new one!. Got so say I don't disagree with anything you say. Maybe you were not tough enough on DLR because you are scratching the surface of what is a deep rooted and complex set of issues that involes accounting and poor leasing standards, so this jalopy is falling apart 15 years too early. I belive the perfect pair trade is short DLR and long DFT.
    Nov 18, 2013. 03:09 PM | 2 Likes Like |Link to Comment
  • BlackBerry's BB10 No Longer Available At The U.K.'s Phones4U [View article]
    other than floor staff comment,sadly, the rest of the article is correct. EE, and Phones4u no longer selling really .(EE winding down)
    Nov 18, 2013. 12:32 PM | Likes Like |Link to Comment
  • BlackBerry's BB10 No Longer Available At The U.K.'s Phones4U [View article]
    I asked them to correct the title.
    Nov 18, 2013. 12:30 PM | Likes Like |Link to Comment
  • BlackBerry's BB10 No Longer Available At The U.K.'s Phones4U [View article]
    where did you find this out?
    Nov 18, 2013. 12:26 PM | Likes Like |Link to Comment
  • BlackBerry's BB10 No Longer Available At The U.K.'s Phones4U [View article]
    I have an important response from Phones4U, who say that Blackberry did not pull their stock as I was told. They do not refute lack of stock sadly: Please see below:

    ****************
    Thank you for getting in touch with your question.

    Phones 4u hasn’t sent any BB10 stock back to BlackBerry, nor have they recalled any.

    We believe choice is an essential part of any retail experience, and while stock availability may fluctuate, BlackBerry products will continue to be part of the extensive range of handsets we offer in-store and online.

    I hope that helps.

    Kind regards

    XXXXXXX

    Phones 4u Limited, Osprey House, Ore Close, Lymedale Business Park,
    Newcastle-under-Lyme, Staffordshire. ST5 9QD | http://bit.ly/Q2h5mS
    Nov 18, 2013. 11:44 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
389 Comments
1,900 Likes