The Market Financial » blackberry storm news http://www.themarketfinancial.com Taking the Risk out of Risk Sat, 22 Oct 2011 21:39:24 +0000 en hourly 1 http://wordpress.org/?v= Portfolio Update 10/9/08 – All in With RIM http://www.themarketfinancial.com/portfolio-update-10908-all-in-with-rim/57?utm_source=rss&utm_medium=rss&utm_campaign=portfolio-update-10908-all-in-with-rim http://www.themarketfinancial.com/portfolio-update-10908-all-in-with-rim/57#comments Thu, 11 Sep 2008 01:05:11 +0000 Michael Vlaicu http://www.stockshaven.com/?p=57 With the market trembling at it’s knees lately, I figured placing more focus on my weekly portfolio holdings would be a smart addition for the many avid StocksHaven dot com investors and readers alike. Going further, I will have continuous portfolio updates and my current ROI (Return on Investment) for every time I make changes to my holdings. So far I have amassed 23% in the past 3 months, with a target goal of 35% per year. Yes it may seem like an unreasonable standard, but trust me, I will achieve it.

150 shares, and an entire portfolio dedicated to Research in Motion, why?

It’s quite simple really… This stock is every investor’s dream – Top tier management, increasing global expansions, top of the industry R&D (Research and Development)… all while being severely underpriced @ $100 a share

Now if you missed it, I wrote an article on RIM previously — Blackberry Thunder and Bold about to be released, how will they affect rimm?


So what makes me throw all of my eggs in one basket despite preaching not to do so? Easy… there is no better bargain out there on the market.

Taking a look at the financials, it is easy and quick to note what makes this such a solid and well managed company:

    Income Statement Quarterly
    (May ’08)    		 Annual
    (2008)    		 Annual
    (2007)
    Total Revenue 2,242.57 6,009.40 3,037.10
    Gross Profit 1,137.36 3,080.58 1,657.80
    Operating Income 646.44 1,731.16 806.83
    Net Income 482.51 1,293.87 631.57
    Balance Sheet
    Total Current Assets 3,631.41 3,477.35 1,919.27
    Total Assets 5,863.34 5,511.19 3,088.95
    Total Current Liabilities 1,334.29 1,474.43 546.58
    Total Liabilities 1,426.98 1,577.62 605.45
    Total Equity 4,436.35 3,933.57 2,483.50
    Cash Flow
    Net Income/Starting Line 482.51 1,293.87 631.57
    Cash from Operating Activities 5.52 1,576.76 735.67
    Cash from Investing Activities -233.21 -1,153.94 -364.58
    Cash from Financing Activities 25.65 80.40 -153.66
    Net Change in Cash -200.18 507.25 217.60


    Note how there are increases within the last quarter in almost every category: Total Revenue, Gross Profit, Operating Income, Net Income, Total Current Assets, Total Assets, and Cash Flow.

    —

    Financials aside, lets take a look at the price.




    This baby hasn’t been available at such a cheap bargain since the start of ’08, back when it was first publicizing the Blackberry 8800 and 8300 Curve.

    Now, if you’re not satisfied with the main course meal just yet, let me top it all off with some fine cuisine desert fresh out of the oven:

    What will your next phone be?

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