I don’t use the Blackberry, but being a techie I cannot understand how RIMM can still be relevant.
This industry is based heavily on network effect and RIMM did a lot of things right in the past but they are not coming up with viable competitive solutions to Android and iOS.
Today RIMM is down 20% and I still don’t think it is a value buy.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend. All opinions on Investment Moats are his own and does not represent the views of Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
- New 6-Month Singapore T-Bill Yield in Late-September 2023 Should Stick to 3.75% (for the Singaporean Savers) - September 21, 2023
- A Concentrated, High-Quality Fixed Income Financial Independence Income Strategy Has Enough Uncertainty - September 20, 2023
- Why Do We Save Money After We Reached Financial Independent Status? - September 18, 2023
so1trg
Saturday 18th of June 2011
Its like NOK.
Under-valued stock. Established company in earnings. But poor business outlook from the "techie" side of things.
They need huge impetus of changes before people start voting for these stocks again.
Drizzt
Saturday 18th of June 2011
the thing is that there don't seem to be a way for them to secure their competitive edge that they used to have