RIM loses billions but manages to add 100m to cash reserves
You have to love it when a company widely believed to be going down the toilet manages to boost its already staggering cash reserves by $100,000,000.00.
In a single quarter.
That’s the kind of losing proposition you might want to take a bet on.
Looking forward, the BB10 is said to be a make or break product.
Let’s consider the worst case scenario. BB10 does a crash and burn. The BB brain trust throws up their hands, pink-slips the entire workforce, and auctions off the entrails of what’s left.
Goodbye to 2.3 billion and a patent bank worth… aye, there’s a mystery!
But it’s not really that mysterious. Under that scenario the break-up value of RIM is at least double the close price today. Probably more.
Take a middling view, and RIM can keep losing money and adding 100m to cash reserves every quarter.
When the “losses” are tax-driven write-downs of goodwill and other nebulous accounting fantasies, this could theoretically carry on for years.
When you look at RIM market share in emerging markets vs. mature markets you can see that their story isn’t all that bad. After all, those cash accumulations are coming from somewhere. They’re losing market share in the most mature and over-saturated markets in the world.
They’re more than holding their own in the emerging markets.
The last scenario: BB10 whacks it out of the park. RIM regains market share even in those mature markets. That eventuality would see a restoration of the stock price to levels we haven’t seen in a couple of years.
No matter how you look at it, RIM is a buy in the current price range.
2012-09-28 21:48:47
Source: http://theviewfromfallingdowns.blogspot.com/2012/09/rim-loses-billions-but-manages-to-add.html
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,708,260,283 |
| Stories: | 8,449,949 |
Whistler Blowers, Insiders
