I have selected Optiemus infracom recently. I have selected it due to multiple news coming for its tie-up with blackberry. At that time, my purchase price was not very high from its long term average. Currently the situation is same after correction.
I always had question about Blackberry business that can benefit Optiemus infracom. Blackberry has tie-up with it for India, Sri Lanka, Nepal and Bangladesh. mobile production. Blackberry has given it all after sales services too (insurance, maintenance, marketing etc). Blackberry is bringing Android mobiles all over the world. It already has launched in few markets. In it’s most trusted market Indonesia, it has launched in March, 2017.
Optiemus will design, manufacture, sell, promote and provide customer support for BlackBerry-branded mobile devices that offer the full BlackBerry experience, including the BlackBerry for Android secure software, in India, Sri Lanka, Nepal and Bangladesh.
BlackBerry will continue to control and develop security and software solutions and maintain the BlackBerry security software, including regular Android security updates, it said.
Optiemus to make BlackBerry phones for India
Recently Economic Times has reported about June launch of Blackberry and Nokia mobile. CNBC has included it is 20-20 show. After that it has gained for 2 days.
Recently it has acquired one business as well and sold one business. That selling will get it 10 cr which will reflect in March quarter result.
Optiemus has plan to list on NSE.
But most important business to understand is the Blackberry business in India. How much gain it can bring to Blackberry? I could not estimate its revenue after 1-2 quarters post full implementation of Blackberry plan in India. But thought if any good it can bring then from price of that time, I could get double of my money based on hope.
Online sales is growing and due to that distribution business for store sales has not given good numbers recently. It has distribution right from Samsung and few others.
Govt started focusing on mobile manufacturing.
CMP: Rs 59.50.
Disclosure: I am heavily invested at avg cost of Rs 65.