
TSE:BB
This has had a turnaround and transformation. They are moving away from making their own a hardware, and going more and more into the services side. When he compares this to other players, he would rather own something like Facebook (FB-Q) or Google (GOOGL-Q). It looks as though the stock is responding nicely to the CEO's moves and some of the things that are changing. The forward PE is 225, which is surprising, and the growth rate is 20%. Doesn't see the value when compared to some of the other stronger technical names out there.
Has outrun its earnings and FMV potential, so he would describe it as a hopeful speculation. Hopes that the QNX technology will take off in somebody's fleet in the future. Right now, with a number of high tech stocks, you are buying them somewhat on a wing and a prayer. It looks like John Chen is adding the value he said he would.
Do you still hold this stock and where does it rank for you? He does not own it anymore as it does not have any earnings. In order for them to do well, the company has to build real cash flow and latest parallels with self-driving cars are yet to be seen.