another rich valuation value reached

 the nomination of financier Timothy Dattels to the board could indicate RIM is more seriously considering going private, or mulling a leveraged buyout for the company.

Dattels, a senior partner at private equity firm TPG Capital LP, previously served as Goldman Sachs' head of investment banking for Asia excluding Japan.

He replaces Antonio Viana-Baptista, a former Telefonica SA executive who had been a RIM director since September 2009. RIM said Viana-Baptista opted out so he could spend more time in his role as CEO of Credit Suisse in Iberia.

RIM is proposing the re-election of the remainder of its board at an annual meeting on July 10. It said it would look to add one or more new board members in the current fiscal year.

could be time to accumulate big on this stock as it hit rock bottom

with so much merger and acquisition in recent times ..

GOOGLE BUY OVER OF MOTOROLA MOBILITY

MICROSOFT ALLIANCE WITH NOKIA

RIM's BLACKBERRY WILL SEE SOME TAKE OVER INTEREST SOON ? Some say Facebook ?

appreciate your advice . But just thought a true investor shouldn't restrict themselves solely to a relatively small sg market . they should cast their nets wide especially to the No 1 financial market in the world which is in America . Where stocks can soar and be price at a few hundred dollars per share which can never be found in sg market . 

From Admin to ZEN: Thanks for sharing insights. But please, no successive multiple posts which result in the thread overwhelming the listings on the homepage. Especially not on a foreign-listed stock -- as it has relatively few investors in SG -- and copy-&-paste material from elsewhere. Appreciate your understanding going forward!

The 31-year-old company, which was co-founded by Dodge and Gordon Bell, is a serious force in the global software industry. Operating systems designed by an Ottawa workforce that now numbers 300 run electrical grids across North America, power credit-card transactions globally, guide laser-eye surgery machines and run the computer and entertainment systems in a vast majority of the world’s automobiles

QNX software “simply doesn’t crash,” said the Fortune piece, adding: “The only way to make this software malfunction is to fire a bullet into the computer running it.”

RIM hopes for that kind of reaction when it releases PlayBook OS 2.0, made by QNX, next month, and again when its new BlackBerry devices running QNX’s operating system are released later this year.

RIMM TABLET POWERED BY QNX ; the same os that powers Porche QNX cars

RIMM Valuation

Compare with Apple Inc below :

Valuation

Just look at this fundamental :

Capital Structure

ALMOST LIKE A DEBT FREE COMPANY . JUST LIKE APPLE INC

Blackberry 7 OS is now officially used for British Goverment. Research In Motion (RIM) today announced that the CESG, the National Technical Authority for Information Assurance in the UK has approved the BlackBerry ® 7 operating system for use by the British government. The approval allows public sector workers take advantage of the performance and capabilities have been upgraded from the latest BlackBerry smartphone is available in the UK.

BlackBerry ® Enterprise Solution from RIM is the only solution provider that is approved by CESG to protect confidential material or information and including information on the ‘Limited’.

Stephen Bates, RIM UK Managing Director said: “We are pleased to see CESG take positive steps in helping ensure British government officials have access to the latest suite your BlackBerry 7. Much thanks to our industry a cutting-edge security, the BlackBerry smartphone is now widely used public-sector organizations, including Ministry of Defence (MoD) British, most of the central government and more than half of police forces in England, NHS and local government organizations. Smartphone BlackBerry enables greater efficiency and improved citizen services by providing access to data such as patient records, the Police National Computer and other government systems at the point of need. ”

Research In Motion o n Wednesday s aid the U.S. Department of Defense (DoD) had approved six models of the company's BlackBerry 7 for use on its networks, extending a long relationship with the smartphone known for its tight security. 

The approval will allow RIM's single largest customer to upgrade to the Canadian smartphone maker's latest phones as it waits for the launch of its next-generation BlackBerry 10 devices later this year.

U.S. Army and other Defense Department personnel have long used BlackBerry phones, but each new version of the device requires testing before authorities can approve its use in sensitive roles where a data breach could endanger national security.

Barack Obama, who as president serves as commander-in-chief of the U.S. armed forces, uses a modified version of the smartphone.

The U.S. Army last year introduced new applications and capabilities for its BlackBerry users, RIM said. Its personnel can now take advantage of recent advances such as n ear field communications, augmented reality and voice-activated universal search.

Fell from above $140 in 2008 to so cheap now . With P/E about 5 only now .

Book value per share is $19.30

RIMM has $1.75 billion in cash . No debt .

Almost 4 times asset/liabilities

Very undervalued stock right now .