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Unpopular Opinion: Dover forest should be destroyed

Unlike the so-called popular "unpopular opinions" that this subreddit is known to conjure in the past, I have great confidence that this opinion of mine will be unpopular. If you guys find this opinion substantive, even if you disagree with it, do give it an upvote so that others can see it. I will speak in terms of both the monetary and the environmental costs. Anyways, let's start by talking about why the forest should be destroyed for residential purposes.
1. It’s in a prime location for housing.
Look in your satellite imagery. Stare at the forest. Do you see what's next to it? Dover MRT station. You rarely see these days that there are empty plots of land next to an MRT station. Especially in this central-west region. Imagine the number of people who will benefit from such convenience of living in some high rise property next to an MRT station!
2. It is a way to promote social mobility.
Many people do like the lottery effect, which such rare BTOs provides, for it is the only easy shot for such lower-income people to achieve social mobility. Ask your conscience. Is it right to take away this mode of social mobility from them, like how you have benefited from it, once upon a time? Many families' lives can be significantly altered because of this, and hence it shouldn't be taken lightly.
3. Saving this forest destroys other forests.
Remember the days where the beauty of Clementi forest was in the news, and everyone was rallying for its conservation? Unfortunately, since then, the tunnel-visioning to preserve Dover forest has resulted in other more ecologically significant forest being neglected. As we speak, deforestation is happening on a much grander scale in Tengah than Dover would ever hope to experience. Why are we not worrying about that?
Also, Dover is not in a good state for preservation. It's not even a forest, but merely an abandoned plantation, with a sheltered walkway cutting it into two halves. Heck, my secondary school has already eaten into a massive chunk of the forest. It's not like you can integrate it into a nature corridor for animals which walk, at most it will be merely useful for migratory birds. Come on people; we can do better than to look at the low hanging fruit and forget that there are better ones out there worth preserving. Quite a considerable opportunity cost to save this forest, I'd say.
4. Saving this forest causes more long term pollution through commutes.
If Dover is preserved, the potential households who could have lived there will have to live elsewhere, further from the city. They will also contribute to the overcrowding of existing or future towns. And these additional, longer commutes from new towns that are further away than Dover, will lead to more traffic congestion, pollution, and energy consumption. Its simple secondary school Physics: E = F•d. More energy is required to accelerate the same mass of people over a longer distance. Until renewables power all our commutes, longer commutes from building elsewhere is worse for the environment in the long term, as everything is powered by fossil fuels. And if you speak in terms of monetary costs: Remember, people who live further away from the city pay more to get to the city; that's how distance fare works.
5. Preserving this forest benefits the wealthy; destroying it reduces class segregation.
This is not so much of a benefit of deforesting Dover, but it is one food for thought. The people that benefit the most from the preservation of Dover forests are the wealthy landed property owners living up north, whose property prices will drop if high rise HDBs are built in the forest, due to a lack of privacy. The estate up north won't feel as exclusive anymore, with plenty of "lower class" people looming over their heads down south. That's why there can often be violent objections to public housing built near landed properties in other countries. But, if you want to ensure greater social cohesion and reduce the level of class enclaves in Singapore, this is one way to encourage their intermingling.

And now, to address common objections against developing HDB flats in Dover Forest.
1. Why don't we stop importing foreigners?
First of all, if I'm not wrong, purely foreign households cannot buy HDBs, so stopping the import of foreigners isn't going to make any difference in this case. Maids live with Singaporean households, and foreign workers live in dormitories. So they aren't exactly contributing to the spike in the domestic public housing demand, are they? (Mic drop)
Anyways, recently CNA ran an article on a changing taste and preferences of Singaporeans when it comes to the household structure, and Singaporean households are getting smaller, with more one-person households and fewer inter-generational households. That may explain why there are still more and more households even though the population of Singaporeans living in HDB flats is getting smaller. If you are always looking for people to blame for this issue, you can blame Singaporeans like you and me. So now we've got the xenophobic argument out of the way. Next!
2. Why don't we develop elsewhere, like golf courses?
Surprise, surprise! We've been doing that this whole time! Guess what? It has been going on for a while now.
However, there are limits to what can be done with golf courses. Let's look at some of the far-flung one like those in Tanah Merah or Tuas. Touch your heart and ask yourself, do you seriously want to live there? There are a few problems. Firstly, for those far flunked regions, a commute to the city will easily take an hour. Those who live deep in Pasir Ris, Sembawang, Jurong West, and those far flunked new towns, I can feel you. It's a tragedy. Ideally, it will be great to minimize the number of people living that far from the city, which will add even more to the congestion and crowdedness of commutes, causing even more pollution. That's why we should develop Dover Forest.
Secondly, urban planning is a complicated subject; there's a reason why the golf courses are allocated to be in such geographically useless locations. This makes its redevelopment tricky. For example, those golf courses in Tanah Merah are right under the flight paths of Changi Airport. Can you imagine the noise pollution level that the residents have to bear if they live under the runway? What about the one in Tuas? Bear in mind that Tuas is a heavy industrial area that may have quite a bit of pollution. If the pollution from Pasir Gudang at Punggol is already that bad, imagine living next to the factories in Tuas.
And for those people citing Sime Golf Course as a potential location for residential given its central location, I don't think it's a good idea to live that close to our biggest nature reserve. The environmental destruction caused by human activities on our biggest nature reserve won't be negligible. Also, some plot of land nearby has already been zoned for residential, so now you have your answer.
3. How about we use those empty plot of lands or abandoned buildings nearby?
Firstly, how sure are you that the plot of unused land will stay unused in the future? Just go and look at the URA Master Plan and you can tell that every inch of land in Singapore has a purpose of its own. Eventually, even that plot of land that you cited is going to be used as well. And before you accuse me of a false dichotomy, well the thing is, I'm not even presenting you a choice on where to develop. It's not a matter of what; it's a matter of when. The plan all along is to have enough land to carry out this development cycle until the first of the 99-year leases run out.
Also, not all plots of empty land should be used immediately. There is always a need to have some vacant land plots everywhere, which can be tapped on in case of emergencies. Remember the migrant worker Covid-19 fiasco? The government had to allocate spare land to build some middle-term dormitories, and there's one at Choa Chu Kang Grove which you can see from the train between Bukit Gombak and Choa Chu Kang stations, sitting on vacant land. If there wasn't any vacant land, how would they be able to build these quickly? Also, you need some space for election rallies. Yeah.
4. Why don't we just en-bloc old buildings and build higher?
Anyways, when environmental enthusiasts mention the word en-bloc, you will bring a new point of contention with heritage enthusiasts. Environmental and heritage conservation, they are often in conflict with each other. With each en-bloc, some of Singapore's cultural heritage gets destroyed and will never be seen again. Would it not be sad if you look back one day and there aren't any real tangible objects in the form of point and slab block HDBs you can be nostalgic about?
Besides that, one does not merely demolish HDBs and build something with an even greater density in it. You have to remember, that when you build 4 times higher, you generally have 4 times the amount of people living in the same amount of space, the traffic that the roads and public transport network below it increase multifold. Can the streets handle such traffic? If not, can they be widened? Are you able to build more MRT lines to take additional commuters? And do you have space for more bus transportation?
It is also observed from artist impressions that flats in Dover forest will be about 30 stories in height. So, don't worry about the plot of forest land being poorly-utilized.
5. Wouldn't the destruction of Dover forest worsen the urban heat island effect?
That's one valid argument to preserve Dover forest. But I would say that's a reason to destroy Dover forest as well. Perhaps not in its entirety; the northwestern part of the forest, which is much less fragmented, still has some preservation value. But think about it. By destroying a part of the forest, you maximize the number of Singaporeans who can enjoy the lowered temperatures that the forest's remaining sections provide. It will no longer be an exclusive thing for the wealthy landowners and those living east of Clementi, but for these new Ulu Pandan HDB owners as well. Wouldn't that be great?

So, I guess that's all the pointers I have on this issue. Hope we can have a constructive discussion below in the comment sections regarding this alternative point of view that seems to be out of most people's mind.
submitted by sgtransitevolution to singapore [link] [comments]

Comprehensive Guide about BB and how it shall take off in coming years

Alright folks, here's the comprehensive guide about the BB products, revenue details, customers, and what's in the store in the future. It's quite a lengthy one, please bare with me as you read and this is the first time I looked up regarding a company at this depth.
Some background on the John Chen, who took up a massive challenge when he was the CEO for Sybase where the stock price was around 4-5$. But when he sold off to SAP it was around 65$, although it took 10 years to accomplish. He understands the business quite well and knows where to focus to generate more revenue and certainly be the best in what they do and provide the best to their customers.

Why should companies embrace BB products?

Achievements:
Ref: https://imgur.com/OgrCGNg
Achievements in 2019 (According to 10-k report):
Certifications
Let's highlight the security certifications BB got in 2020.
Before you read about the certifications which BB got, let this statement sink in deeply
No other software vendor in the cybersecurity space has been awarded more security certification by the US Government than BlackBerry.
In Q3 2020, BlackBerry UEM achieved the National Security Agency, NSA, commercial solution for classified program approval. This adds to the portfolio of US government certifications we have received for BlackBerry UEM including the NIAP-certification, the Department of Defense Information Network Approved Product List, which I think we talked about last quarter, DoDIN APL, FedRAMP and FIPS 140-2.
Context from Q3 2020 earnings call:
Recognition
As you see from multiple research firms, BB stands out in what are they doing
Ref:
https://imgur.com/2CMg3OV
https://imgur.com/qE13Y32

Which Markets BB has and will be targeting?

What Products are offered by BB?

I'll share brief info about the below products specific to QNX itself
QNX OTA:
QNX Over the Air (OTA) is a customized remote software update solution addressing the increasingly complex requirements of embedded system manufacturers. It can be tailored to seamlessly and securely update and manage endpoints on a variety of embedded systems.
QNX Acoustics Management Platform:
Design and manage the total vehicle sonic experience with a pure software solution designed to run on general-purpose application processor cores for cost-effective high-fidelity sound.
QNX Multimedia Suite:
If the OEM or developers would like to use a framework to build multimedia players.
QNX Black Channel Communications:
It provides reliable data transmission and consumption and greatly reduces the scope of certification while eliminating the need to have a safety certified network stack. It's critical across automotive, robotics, industrial controls, and medical device industries. It can run on QNX® OS (SDP 7.0 or QOS 2.1), Linux® or SafeRTOS.
QNX ADAS:
Integrates sensor feeds from diverse sources (Camera, Radar, LiDAR, IMU, GPS sensors, etc.) into your critical embedded systems, including autonomous driving applications.
RADAR:
Launched in 2016, it is a complete asset tracking solution providing reliable visibility to trailer, chassis, containers and equipment. These ruggedized devices are easy-to-install, low maintenance and long-lasting to minimize operational disruptions and maximize your ROI.
How it’s different from rest of the competitors:
Do check this post about description of the below products: https://www.reddit.com/wallstreetbets/comments/l4ehan/blackberry_dd/

How can the BB retain leading position in different sectors?

The Company’s goal is to remain a leader in regulated industries and other core verticals by continuing to extend the functionality of its secure BlackBerry Spark® software platform (UEM + UES).

How does the EV Sector Exponential Growth help BB?

Well, the 2020 to 2022 is a period for gaining significant momentum in the Smart EV sector and which shall rapidly accelerate from 2023 to 2025. As we are noticing multiple companies in EV sector trying to launch their products.
Most of the companies would love to be part of the growing EV sector as it just the beginning excluding TESLA. They will eventually develop products/platforms for OEM's and Tier1 and provide it as a service.
As EV sector evolves more, we should see more partnerships across other companies which aren't part of BB yet might be inclined to use at least one product. As the BB product offerings are diverse and the customer success stories about how they have played a role while manufacturing their own EV products with minimal efforts can boost the marketing efforts.
Chen stated they are going after the other 6 OEM's which aren't using the Blackberry yet. Currently, BlackBerry QNX has design wins with 19 of top 25 Electric Vehicle OEMs, who together have 61% of EV market.

How is BB coping up during the COVID?

The company expects BlackBerry QNX revenue to be negatively impacted by a slowdown in automotive market related to the COVID-19 pandemic, the impact of which could be partially offset by increased customer demand for the Company’s endpoint security and productivity solutions that support business continuity and remote working environments, including the BlackBerry Spark platform, SecuSUITE and BlackBerry AtHoc.

What's upcoming and where is BB focusing strategically?

The Company is developing a concept system to integrate BlackBerry Spark capabilities, including AI and machine learning technologies, with BlackBerry QNX automotive solutions. Have to watch out for more information during the earnings calls.

How was the Customers growth among BB products?

QNX:
QNX was acquired by BB in 2010, right from that moment, BB started its journey in Automotive industry. Initially, it has launched Infotainments and Telematic under QNX product category and it was deployed on leading car manufacturers. It started branching out and was able to offer more products under QNX. Now it is has aligned itself very well for the next gen EV cars.
Adoption of QNX products from 2016 to 2020:
As we see, the growth has been substantial, and we can expect it grow more as we see more cars from new manufacturers and from existing ones and also automotive driving platforms especially in EV sector. There are currently 1.4 billion cars approximately. In 2018, approximately 4.2 million heavy commercial vehicles and just over 20 million light commercial vehicles were produced throughout the world.
It’s estimated to have at least 470 million cars by 2025.
Link: https://www.itsdigest.com/470-million-connected-vehicles-road-2025.
The market share is about 10% in total across automotive
Customers:
https://docs.google.com/spreadsheets/d/1NQQ6lkby32kHu2tWqbfYqlDEYy90KI6QfsyYd8moYjo/edit?usp=sharing
IVY:
KARMA Automotive is the first customer to use this product.
Link: https://www.blackberry.com/us/en/company/newsroom/press-releases/2020/blackberry-collaborating-with-amazon-web-services-to-demonstrate-safe-secure-and-intelligent-connected-vehicle-software-platform-for-in-vehicle-applications
Chen stated that there won't be much of the revenue growth from IVY until 2023.
Under the terms of our agreement, BlackBerry will own all the commercial relationships with customers and will share revenues with AWS.
The target is to be in the 2023 year’s auto model, with possibly potentially some professional services prior to it. While it is too early for us to provide a revenue outlook, we are confident that BlackBerry IVY addresses a very large market opportunity that will greatly increase our ASP.
Cylance:
It is part of the Blackberry Spark product under UES category
Typically, Cylance subscription period is 1 to 3 yrs. based on the deal’s BB made.
Leader in EPP (Endpoint Protection Platform) and they are able to catch with competitors in EDR (Endpoint Detection and Response)
Customers:
Added 279 new customers and new active subscription customer growth was about 15%. Notable new customers include General Motors, Becton Dickinson, Phillips Healthcare, SKF, which is one of Sweden’s largest manufacturers, the New Zealand Defense Force and the United States Census Bureau, just to name a few.
Verizon launched their business internet secure offering, which includes our BlackBerry smart AV antivirus product and Cisco’s Umbrella security service.
Blackberry Spark:
Spark is collection of BlackBerry Cylance, BlackBerry® UEM, BlackBerry® Dynamics™ and BlackBerry® Workspaces products. BB to pushing its efforts for customers to choose this product in 2021.
Spark, as a reminder, is a combination of UEM and UES, the Unified Endpoint Security offerings. In the 2020 Q2, Q3, BB made good progress in both the government, and financial services verticals with customer wins
In addition, they had success in verticals including healthcare and manufacturing sector.
Up on the acquisition of Cylance company, BB was able to integrate it with its existing products which will be part of UES suite. Customers are inclined to upgrade from UEM (Unified Endpoint Management) to UES (Unified Endpoint Security)
Customers are eager to get with UES:
UEM Suite
UEM Suite was added to the Department of Defense Information Network Approved Products List (DoDIN APL). BlackBerry is the only UEM vendor that has achieved this level of approval to date. This achievement is based on the completion of cybersecurity and interoperability certifications. This approval will provide us better access and a more streamlined approval process. This should naturally lead to greater revenue opportunities going forward. The latest release of UEM has also recently achieved NIAP accreditation
AtHoc:
Zoom was one of the customers who is using AtHoc product, after we know what happened to the stock when street found out that it wasn't secure. In this way, Zoom can highly secure way to hold virtual meetings in this new work-from-anywhere environment.
Even, Microsoft Teams and ServiceNow’s Now platforms are on AtHoc. As we know, Teams market leader has 116 million active users and Service Now 51%, IT Service management.
Customers:
BlackBerry Radar:
In 2020, Canadian Pacific Railway agreed to deploy product on 2,000 of its domestic intermodal chassis.
In 2019, one of the top three U.S. retailers specializing in home improvement. The customer placed a 2,500 unit’s order.
In 2019 fiscal year, they have added 50 new customers and recurring revenue from the existing customers.
A big part of our competitive advantage is the BlackBerry legacy experience in designing a reliable, secure solution,” Plaat said. “That’s an important issue in this industry with high capital assets that you keep for years. The ROI is very good for a reliable solution like ours.”
Customers:

BB Revenue:

Check the Spreadsheet for the Revenue Sources.
2021 Fiscal year
Note: Software and Services include these products IoT, QNX, BlackBerry Spark, AtHoc, Radar.
The revenue got impacted due to 2020 chaos especially on the QNX product side. According to the earning calls. There are still on track to maintain the gross margin over 70% and dollar net retention rate is above 90%.
As you see, the gross margin has been consistent past few years and revenue is steadily increasing every year.
Revenue, Gross Margin, Net Income, EPS for years 2019, 2018, 2017 and 2016
Growth in Revenue from Products from 2019-2013
Notes:
In 2019, due to restructuring, BB was unable to close deals, we should see +ve in 2020.
IoT: Comprised of QNX products, UEM, & Radar
Other: Handheld Devices and Service Access Fee (SAF)
Since BB was moving away from manufacturing of devices gradually, in 2020 most of it done by third party companies. That’s why we have negative growth under Other.

Pricing for BB products

QNX Pricing:
As there are many modules under QNX, like hypervisor, ADAS, clusters, cockpit, IVI. The cost ranges anywhere from the low-single digit dollars to literally high-single digit or low-double digit dollars per module.
Trefis estimates BlackBerry generates about $4 in QNX revenue per vehicle. Automakers are only expected to ship about 62 million new vehicles this year, according to Statista Research. Assuming QNX is installed on at least half of those vehicles, BlackBerry would generate about $120 million in annual sales -- or nearly a fifth of its trailing 12-month software and services revenue -- from QNX this year.
Link: https://www.fool.com/investing/2020/12/07/investors-overreacting-blackberry-deal-with-amazon/
Unfortunately, we don't know the exact price the QNX OS costs or per say other modules under QNX. If more modules of QNX are used, then it's adds up and the Average Rate for Per Unit might be 4x or 5x.
This gives us an idea about how to get more revenue from QNX itself when the manufacturer would use other modules under QNX apart from OS.
We have already seen list of the OEM's from previous posts and in the above spreadsheet you saw list of the QNX products certain OEM's are using
IoT subscription period is typically 4 yrs.
Radar Pricing:
Estimation in 2017:
BlackBerry charges $10 to $20 per month for every trailer connected to Radar.
The Go-to-Market objective is to have approximately a 50-50 split in Radar sales between BlackBerry’s channel partners and its direct sales force. BlackBerry Radar partners typically sell only this particular solution.
Recently, BB was able to expand channel ecosystem to more than 12 channel partners, this new partnership might help BB capture more of the logistics and transportation area.
https://www.prnewswire.com/news-releases/blackberry-radar-expands-channel-ecosystem-with-new-partners-301052631.html
https://www.reuters.com/article/us-blackberry-recovery/born-again-blackberry-canadian-icon-hopes-to-ride-trucks-to-growth-idUSKBN1901P1
Cylance Pricing:
Cylance might charge 55$ per endpoint per year.
Announced that Forrester found that BlackBerry Cylance’s AI-driven endpoint security products delivered a 99 percent return on investment. We will see more revenue in 2021 as we shared earlier that customers who bought UEM are excited about UES too.
At present, the market share is below 1%.
Ref: https://www.datanyze.com/market-share/ep--359
The outlook of the Cylance in 2021 and further
Projected Product Sector Revenue Growth by 2025:
QNX:
According to survey, the Global In-Vehicle Infotainment Market size is expected to reach $42.7 billion by 2025 (This is where we shall see more competition from different OEM manufacturers as they build their own products)
Global Market Insights, Inc. has recently added a new report on automotive operating system market which estimates the global market valuation for automotive OS will cross US$ 4.5 billion by 2026
And the QNX OS (Just the OS) segment is expected to grow at a CAGR of nearly 15% from 2020 to 2026
https://www.globenewswire.com/news-release/2020/11/24/2132346/0/en/Automotive-OS-Market-to-hit-USD-4-5-Bn-by-2026-Global-Market-Insights-Inc.html
Endpoint Protection (Cylance):
The global endpoint security market is expected to grow from 13.58 billion $ in 2020 to 19.24 billion $ in 2025 at a CAGR of 7.6% during the forecast period.
https://www.marketdataforecast.com/market-reports/endpoint-security-market.
Assuming the market share in endpoint increases to ~3%. It can be around 577 million
Asset Management (Radar):
Global asset tracking market will reach $36.3B by 2025, growing at 15% CAGR
https://www.globenewswire.com/news-release/2020/03/04/1995009/0/en/Global-Asset-Tracking-Market-2020-2025-Insights-Into-Technologies-Solutions-and-the-Ecosystem-Including-Major-Players.html
We have to know what the priority level for BB for this product and how much market share they are targeting in the upcoming years. It’s quite early to say about it and the contribution to the revenue is insignificant compared to other products.
Challenges:
QNX:
Toyota, VW, Mercedes Benz have started taking route of AGL (Automotive Grade Linux) which is an open source (free to use) which implies the QNX market share in OS is waning. These are big manufacturers and how blackberry shall adapt is wait and see game.
There is always a case where companies might decide not to use more of the QNX modules just the OS, this will impact the Average Selling Price (ASP) per car as well as the revenue since those modules add up 4x-5x ASP.
IVY:
Revenue from Blackberry IVY shall be more reflective from 2023, stated by Chen. So, there is uncertainty in this area and no revenue estimate. We have to see how this partnership plays out how companies are willing to adopt cloud platform for insights and management of the automotive software’s.
Cylance:
Currently, the market is highly competitive, and BB has to make it way to top 10 and capture more market share. In 2021, it shall unfold more about it as we are seeing rapid growth in IoT sector across various sectors.
The BB is in the right position to capture more of the automotive market and we have to see how it shall play out in coming years when EV sector is full blown and more cars are delivered, and security threats increase. Also, it offers the endpoint protection, which certainly companies can benefit but not necessarily the SMB which are driven through e-commerce platforms.
Radar:
It’s barely scratching the surface in this sector and as there are bigger sharks who have been in the market for long time.
In the second quarter of fiscal 2019, the Company previously stated that it expected to generate $100 million in cumulative revenue from its BlackBerry Radar asset tracking solution over the next three years. The Company no longer expects to generate this revenue within this time frame. (This is a set back and there are other competitors who have been in the Logistics and Transportation Industry for quite some time).
In general, BB has to pitch itself more aggressively in other sectors especially in Medical, Industrial, Oil and Energy. Considering the certifications they have and the clients they serve.
Thanks to OP's and go give a read at these DD's too:
https://new.reddit.com/wallstreetbets/comments/ks4s3s/bb_king_the_blast_from_the_past_with_the/
https://new.reddit.com/wallstreetbets/comments/l37ktg/bb_weekend_due_diligence_confirmation_bias/
Target Price in 2021: 25-30 (by not considering crazy valuations into account). I personally believe if the IVY platform and Spark product revenue increases then we can certainly see the stock price 4x-5x in coming years.
Positions: 400 shares @ 12 and 2 Jan 20 2023 SP 15. I plan to add more as I see the potential and growth in the newly introduced products.
Disclaimer: This is not a financial advice, I'm merely a random person who loves BB and would like to see this company fly to new heigths. Cheers to everyone!!
Edit1: thanks u/melbogia, added the date which I missed earlier for the calls.
submitted by whatisgf to wallstreetbets [link] [comments]

Comprehensive Guide about BB and how it shall take off in coming years

Alright folks, here's the comprehensive guide about the BB products, revenue details, customers, and what's in the store in the future. It's quite a lengthy one, please bare with me as you read and this is the first time I looked up regarding a company at this depth.
Some background on the John Chen, who took up a massive challenge when he was the CEO for Sybase where the stock price was around 4-5$. But when he sold off to SAP it was around 65$, although it took 10 years to accomplish. He understands the business quite well and knows where to focus to generate more revenue and certainly be the best in what they do and provide the best to their customers.

Why should companies embrace BB products?

Achievements:
Ref: https://imgur.com/OgrCGNg
Achievements in 2019 (According to 10-k report):
Certifications
Let's highlight the security certifications BB got in 2020.
Before you read about the certifications which BB got, let this statement sink in deeply
No other software vendor in the cybersecurity space has been awarded more security certification by the US Government than BlackBerry.
In Q3 2020, BlackBerry UEM achieved the National Security Agency, NSA, commercial solution for classified program approval. This adds to the portfolio of US government certifications we have received for BlackBerry UEM including the NIAP-certification, the Department of Defense Information Network Approved Product List, which I think we talked about last quarter, DoDIN APL, FedRAMP and FIPS 140-2.
Context from Q3 2020 earnings call:
Recognition
As you see from multiple research firms, BB stands out in what are they doing
Ref:
https://imgur.com/2CMg3OV
https://imgur.com/qE13Y32

Which Markets BB has and will be targeting?

What Products are offered by BB?

I'll share brief info about the below products specific to QNX itself
QNX OTA:
QNX Over the Air (OTA) is a customized remote software update solution addressing the increasingly complex requirements of embedded system manufacturers. It can be tailored to seamlessly and securely update and manage endpoints on a variety of embedded systems.
QNX Acoustics Management Platform:
Design and manage the total vehicle sonic experience with a pure software solution designed to run on general-purpose application processor cores for cost-effective high-fidelity sound.
QNX Multimedia Suite:
If the OEM or developers would like to use a framework to build multimedia players.
QNX Black Channel Communications:
It provides reliable data transmission and consumption and greatly reduces the scope of certification while eliminating the need to have a safety certified network stack. It's critical across automotive, robotics, industrial controls, and medical device industries. It can run on QNX® OS (SDP 7.0 or QOS 2.1), Linux® or SafeRTOS.
QNX ADAS:
Integrates sensor feeds from diverse sources (Camera, Radar, LiDAR, IMU, GPS sensors, etc.) into your critical embedded systems, including autonomous driving applications.
RADAR:
Launched in 2016, it is a complete asset tracking solution providing reliable visibility to trailer, chassis, containers and equipment. These ruggedized devices are easy-to-install, low maintenance and long-lasting to minimize operational disruptions and maximize your ROI.
How it’s different from rest of the competitors:
Do check this post about description of the below products: https://www.reddit.com/wallstreetbets/comments/l4ehan/blackberry_dd/

How can the BB retain leading position in different sectors?

The Company’s goal is to remain a leader in regulated industries and other core verticals by continuing to extend the functionality of its secure BlackBerry Spark® software platform (UEM + UES).

How does the EV Sector Exponential Growth help BB?

Well, the 2020 to 2022 is a period for gaining significant momentum in the Smart EV sector and which shall rapidly accelerate from 2023 to 2025. As we are noticing multiple companies in EV sector trying to launch their products.
Most of the companies would love to be part of the growing EV sector as it just the beginning excluding TESLA. They will eventually develop products/platforms for OEM's and Tier1 and provide it as a service.
As EV sector evolves more, we should see more partnerships across other companies which aren't part of BB yet might be inclined to use at least one product. As the BB product offerings are diverse and the customer success stories about how they have played a role while manufacturing their own EV products with minimal efforts can boost the marketing efforts.
Chen stated they are going after the other 6 OEM's which aren't using the Blackberry yet. Currently, BlackBerry QNX has design wins with 19 of top 25 Electric Vehicle OEMs, who together have 61% of EV market.

How is BB coping up during the COVID?

The company expects BlackBerry QNX revenue to be negatively impacted by a slowdown in automotive market related to the COVID-19 pandemic, the impact of which could be partially offset by increased customer demand for the Company’s endpoint security and productivity solutions that support business continuity and remote working environments, including the BlackBerry Spark platform, SecuSUITE and BlackBerry AtHoc.

What's upcoming and where is BB focusing strategically?

The Company is developing a concept system to integrate BlackBerry Spark capabilities, including AI and machine learning technologies, with BlackBerry QNX automotive solutions. Have to watch out for more information during the earnings calls.

How was the Customers growth among BB products?

QNX:
QNX was acquired by BB in 2010, right from that moment, BB started its journey in Automotive industry. Initially, it has launched Infotainments and Telematic under QNX product category and it was deployed on leading car manufacturers. It started branching out and was able to offer more products under QNX. Now it is has aligned itself very well for the next gen EV cars.
Adoption of QNX products from 2016 to 2020:
As we see, the growth has been substantial, and we can expect it grow more as we see more cars from new manufacturers and from existing ones and also automotive driving platforms especially in EV sector. There are currently 1.4 billion cars approximately. In 2018, approximately 4.2 million heavy commercial vehicles and just over 20 million light commercial vehicles were produced throughout the world.
It’s estimated to have at least 470 million cars by 2025.
Link: https://www.itsdigest.com/470-million-connected-vehicles-road-2025.
The market share is about 10% in total across automotive
Customers:
https://docs.google.com/spreadsheets/d/1NQQ6lkby32kHu2tWqbfYqlDEYy90KI6QfsyYd8moYjo/edit?usp=sharing
IVY:
KARMA Automotive is the first customer to use this product.
Link: https://www.blackberry.com/us/en/company/newsroom/press-releases/2020/blackberry-collaborating-with-amazon-web-services-to-demonstrate-safe-secure-and-intelligent-connected-vehicle-software-platform-for-in-vehicle-applications
Chen stated that there won't be much of the revenue growth from IVY until 2023.
Under the terms of our agreement, BlackBerry will own all the commercial relationships with customers and will share revenues with AWS.
The target is to be in the 2023 year’s auto model, with possibly potentially some professional services prior to it. While it is too early for us to provide a revenue outlook, we are confident that BlackBerry IVY addresses a very large market opportunity that will greatly increase our ASP.
Cylance:
It is part of the Blackberry Spark product under UES category
Typically, Cylance subscription period is 1 to 3 yrs. based on the deal’s BB made.
Leader in EPP (Endpoint Protection Platform) and they are able to catch with competitors in EDR (Endpoint Detection and Response)
Customers:
Added 279 new customers and new active subscription customer growth was about 15%. Notable new customers include General Motors, Becton Dickinson, Phillips Healthcare, SKF, which is one of Sweden’s largest manufacturers, the New Zealand Defense Force and the United States Census Bureau, just to name a few.
Verizon launched their business internet secure offering, which includes our BlackBerry smart AV antivirus product and Cisco’s Umbrella security service.
Blackberry Spark:
Spark is collection of BlackBerry Cylance, BlackBerry® UEM, BlackBerry® Dynamics™ and BlackBerry® Workspaces products. BB to pushing its efforts for customers to choose this product in 2021.
Spark, as a reminder, is a combination of UEM and UES, the Unified Endpoint Security offerings. In the 2020 Q2, Q3, BB made good progress in both the government, and financial services verticals with customer wins
In addition, they had success in verticals including healthcare and manufacturing sector.
Up on the acquisition of Cylance company, BB was able to integrate it with its existing products which will be part of UES suite. Customers are inclined to upgrade from UEM (Unified Endpoint Management) to UES (Unified Endpoint Security)
Customers are eager to get with UES:
UEM Suite
UEM Suite was added to the Department of Defense Information Network Approved Products List (DoDIN APL). BlackBerry is the only UEM vendor that has achieved this level of approval to date. This achievement is based on the completion of cybersecurity and interoperability certifications. This approval will provide us better access and a more streamlined approval process. This should naturally lead to greater revenue opportunities going forward. The latest release of UEM has also recently achieved NIAP accreditation
AtHoc:
Zoom was one of the customers who is using AtHoc product, after we know what happened to the stock when street found out that it wasn't secure. In this way, Zoom can highly secure way to hold virtual meetings in this new work-from-anywhere environment.
Even, Microsoft Teams and ServiceNow’s Now platforms are on AtHoc. As we know, Teams market leader has 116 million active users and Service Now 51%, IT Service management.
Customers:
BlackBerry Radar:
In 2020, Canadian Pacific Railway agreed to deploy product on 2,000 of its domestic intermodal chassis.
In 2019, one of the top three U.S. retailers specializing in home improvement. The customer placed a 2,500 unit’s order.
In 2019 fiscal year, they have added 50 new customers and recurring revenue from the existing customers.
A big part of our competitive advantage is the BlackBerry legacy experience in designing a reliable, secure solution,” Plaat said. “That’s an important issue in this industry with high capital assets that you keep for years. The ROI is very good for a reliable solution like ours.”
Customers:

BB Revenue:

Check the Spreadsheet for the Revenue Sources.
2021 Fiscal year
Note: Software and Services include these products IoT, QNX, BlackBerry Spark, AtHoc, Radar.
The revenue got impacted due to 2020 chaos especially on the QNX product side. According to the earning calls. There are still on track to maintain the gross margin over 70% and dollar net retention rate is above 90%.
As you see, the gross margin has been consistent past few years and revenue is steadily increasing every year.
Revenue, Gross Margin, Net Income, EPS for years 2019, 2018, 2017 and 2016
Growth in Revenue from Products from 2019-2013
Notes:
In 2019, due to restructuring, BB was unable to close deals, we should see +ve in 2020.
IoT: Comprised of QNX products, UEM, & Radar
Other: Handheld Devices and Service Access Fee (SAF)
Since BB was moving away from manufacturing of devices gradually, in 2020 most of it done by third party companies. That’s why we have negative growth under Other.

Pricing for BB products

QNX Pricing:
As there are many modules under QNX, like hypervisor, ADAS, clusters, cockpit, IVI. The cost ranges anywhere from the low-single digit dollars to literally high-single digit or low-double digit dollars per module.
Trefis estimates BlackBerry generates about $4 in QNX revenue per vehicle. Automakers are only expected to ship about 62 million new vehicles this year, according to Statista Research. Assuming QNX is installed on at least half of those vehicles, BlackBerry would generate about $120 million in annual sales -- or nearly a fifth of its trailing 12-month software and services revenue -- from QNX this year.
Link: https://www.fool.com/investing/2020/12/07/investors-overreacting-blackberry-deal-with-amazon/
Unfortunately, we don't know the exact price the QNX OS costs or per say other modules under QNX. If more modules of QNX are used, then it's adds up and the Average Rate for Per Unit might be 4x or 5x.
This gives us an idea about how to get more revenue from QNX itself when the manufacturer would use other modules under QNX apart from OS.
We have already seen list of the OEM's from previous posts and in the above spreadsheet you saw list of the QNX products certain OEM's are using
IoT subscription period is typically 4 yrs.
Radar Pricing:
Estimation in 2017:
BlackBerry charges $10 to $20 per month for every trailer connected to Radar.
The Go-to-Market objective is to have approximately a 50-50 split in Radar sales between BlackBerry’s channel partners and its direct sales force. BlackBerry Radar partners typically sell only this particular solution.
Recently, BB was able to expand channel ecosystem to more than 12 channel partners, this new partnership might help BB capture more of the logistics and transportation area.
https://www.prnewswire.com/news-releases/blackberry-radar-expands-channel-ecosystem-with-new-partners-301052631.html
https://www.reuters.com/article/us-blackberry-recovery/born-again-blackberry-canadian-icon-hopes-to-ride-trucks-to-growth-idUSKBN1901P1
Cylance Pricing:
Cylance might charge 55$ per endpoint per year.
Announced that Forrester found that BlackBerry Cylance’s AI-driven endpoint security products delivered a 99 percent return on investment. We will see more revenue in 2021 as we shared earlier that customers who bought UEM are excited about UES too.
At present, the market share is below 1%.
Ref: https://www.datanyze.com/market-share/ep--359
The outlook of the Cylance in 2021 and further
Projected Product Sector Revenue Growth by 2025:
QNX:
According to survey, the Global In-Vehicle Infotainment Market size is expected to reach $42.7 billion by 2025 (This is where we shall see more competition from different OEM manufacturers as they build their own products)
Global Market Insights, Inc. has recently added a new report on automotive operating system market which estimates the global market valuation for automotive OS will cross US$ 4.5 billion by 2026
And the QNX OS (Just the OS) segment is expected to grow at a CAGR of nearly 15% from 2020 to 2026
https://www.globenewswire.com/news-release/2020/11/24/2132346/0/en/Automotive-OS-Market-to-hit-USD-4-5-Bn-by-2026-Global-Market-Insights-Inc.html
Endpoint Protection (Cylance):
The global endpoint security market is expected to grow from 13.58 billion $ in 2020 to 19.24 billion $ in 2025 at a CAGR of 7.6% during the forecast period.
https://www.marketdataforecast.com/market-reports/endpoint-security-market.
Assuming the market share in endpoint increases to ~3%. It can be around 577 million
Asset Management (Radar):
Global asset tracking market will reach $36.3B by 2025, growing at 15% CAGR
https://www.globenewswire.com/news-release/2020/03/04/1995009/0/en/Global-Asset-Tracking-Market-2020-2025-Insights-Into-Technologies-Solutions-and-the-Ecosystem-Including-Major-Players.html
We have to know what the priority level for BB for this product and how much market share they are targeting in the upcoming years. It’s quite early to say about it and the contribution to the revenue is insignificant compared to other products.
Challenges:
QNX:
Toyota, VW, Mercedes Benz have started taking route of AGL (Automotive Grade Linux) which is an open source (free to use) which implies the QNX market share in OS is waning. These are big manufacturers and how blackberry shall adapt is wait and see game.
There is always a case where companies might decide not to use more of the QNX modules just the OS, this will impact the Average Selling Price (ASP) per car as well as the revenue since those modules add up 4x-5x ASP.
IVY:
Revenue from Blackberry IVY shall be more reflective from 2023, stated by Chen. So, there is uncertainty in this area and no revenue estimate. We have to see how this partnership plays out how companies are willing to adopt cloud platform for insights and management of the automotive software’s.
Cylance:
Currently, the market is highly competitive, and BB has to make it way to top 10 and capture more market share. In 2021, it shall unfold more about it as we are seeing rapid growth in IoT sector across various sectors.
The BB is in the right position to capture more of the automotive market and we have to see how it shall play out in coming years when EV sector is full blown and more cars are delivered, and security threats increase. Also, it offers the endpoint protection, which certainly companies can benefit but not necessarily the SMB which are driven through e-commerce platforms.
Radar:
It’s barely scratching the surface in this sector and as there are bigger sharks who have been in the market for long time.
In the second quarter of fiscal 2019, the Company previously stated that it expected to generate $100 million in cumulative revenue from its BlackBerry Radar asset tracking solution over the next three years. The Company no longer expects to generate this revenue within this time frame. (This is a set back and there are other competitors who have been in the Logistics and Transportation Industry for quite some time).
In general, BB has to pitch itself more aggressively in other sectors especially in Medical, Industrial, Oil and Energy. Considering the certifications they have and the clients they serve.
Thanks to OP's and go give a read at these DD's too:
https://new.reddit.com/wallstreetbets/comments/ks4s3s/bb_king_the_blast_from_the_past_with_the/
https://new.reddit.com/wallstreetbets/comments/l37ktg/bb_weekend_due_diligence_confirmation_bias/
Target Price in 2021: 25-30 (by not considering crazy valuations into account). I personally believe if the IVY platform and Spark product revenue increases then we can certainly see the stock price 4x-5x in coming years.
Positions: 400 shares @ 12 and 2 Jan 20 2023 SP 15. I plan to add more as I see the potential and growth in the newly introduced products.
Disclaimer: This is not a financial advice, I'm merely a random person who loves BB and would like to see this company fly to new heigths. Cheers to everyone!!
Edit1: thanks u/melbogia, added the date which I missed earlier for the calls.
submitted by whatisgf to stocks [link] [comments]

Comprehensive Guide about BB and how it shall take off in coming years

Alright folks, here's the comprehensive guide about the BB products, revenue details, customers, and what's in the store in the future. It's quite a lengthy one, please bare with me as you read and this is the first time I looked up regarding a company at this depth.
Some background on the John Chen, who took up a massive challenge when he was the CEO for Sybase where the stock price was around 4-5$. But when he sold off to SAP it was around 65$, although it took 10 years to accomplish. He understands the business quite well and knows where to focus to generate more revenue and certainly be the best in what they do and provide the best to their customers.

Why should companies embrace BB products?

Achievements:
https://preview.redd.it/cz63xa3mpdf61.png?width=468&format=png&auto=webp&s=6d43da67de4b0ed5c4ed30205b8f95aaeec0551a
Achievements in 2019 (According to 10-k report):
Certifications
Let's highlight the security certifications BB got in 2020.
Before you read about the certifications which BB got, let this statement sink in deeply
No other software vendor in the cybersecurity space has been awarded more security certification by the US Government than BlackBerry.
In Q3 2020, BlackBerry UEM achieved the National Security Agency, NSA, commercial solution for classified program approval. This adds to the portfolio of US government certifications we have received for BlackBerry UEM including the NIAP-certification, the Department of Defense Information Network Approved Product List, which I think we talked about last quarter, DoDIN APL, FedRAMP and FIPS 140-2.
Context from Q3 2020 earnings call:
Certifications
Recognition
As you see from multiple research firms, BB stands out in what are they doing
https://preview.redd.it/gzh9ledvkdf61.png?width=468&format=png&auto=webp&s=78121316772b69e9337623695dfde2a7e58cb44a
https://preview.redd.it/f7ygjt9wkdf61.png?width=468&format=png&auto=webp&s=0a3207f447c23954e2fdb6236baea642373dc6cf

Which Markets BB has and will be targeting?

What Products are offered by BB?

I'll share brief info about the below products specific to QNX itself
QNX OTA:
QNX Over the Air (OTA) is a customized remote software update solution addressing the increasingly complex requirements of embedded system manufacturers. It can be tailored to seamlessly and securely update and manage endpoints on a variety of embedded systems.
QNX Acoustics Management Platform:
Design and manage the total vehicle sonic experience with a pure software solution designed to run on general-purpose application processor cores for cost-effective high-fidelity sound.
QNX Multimedia Suite:
If the OEM or developers would like to use a framework to build multimedia players.
QNX Black Channel Communications:
It provides reliable data transmission and consumption and greatly reduces the scope of certification while eliminating the need to have a safety certified network stack. It's critical across automotive, robotics, industrial controls, and medical device industries. It can run on QNX® OS (SDP 7.0 or QOS 2.1), Linux® or SafeRTOS.
QNX ADAS:
Integrates sensor feeds from diverse sources (Camera, Radar, LiDAR, IMU, GPS sensors, etc.) into your critical embedded systems, including autonomous driving applications.
RADAR:
Launched in 2016, it is a complete asset tracking solution providing reliable visibility to trailer, chassis, containers and equipment. These ruggedized devices are easy-to-install, low maintenance and long-lasting to minimize operational disruptions and maximize your ROI.
How it’s different from rest of the competitors:
Do check this post about description of the below products: https://www.reddit.com/wallstreetbets/comments/l4ehan/blackberry_dd/

How can the BB retain leading position in different sectors?

The Company’s goal is to remain a leader in regulated industries and other core verticals by continuing to extend the functionality of its secure BlackBerry Spark® software platform (UEM + UES).

How does the EV Sector Exponential Growth help BB?

Well, the 2020 to 2022 is a period for gaining significant momentum in the Smart EV sector and which shall rapidly accelerate from 2023 to 2025. As we are noticing multiple companies in EV sector trying to launch their products.
Most of the companies would love to be part of the growing EV sector as it just the beginning excluding TESLA. They will eventually develop products/platforms for OEM's and Tier1 and provide it as a service.
As EV sector evolves more, we should see more partnerships across other companies which aren't part of BB yet might be inclined to use at least one product. As the BB product offerings are diverse and the customer success stories about how they have played a role while manufacturing their own EV products with minimal efforts can boost the marketing efforts.
Chen stated they are going after the other 6 OEM's which aren't using the Blackberry yet. Currently, BlackBerry QNX has design wins with 19 of top 25 Electric Vehicle OEMs, who together have 61% of EV market.

How is BB coping up during the COVID?

The company expects BlackBerry QNX revenue to be negatively impacted by a slowdown in automotive market related to the COVID-19 pandemic, the impact of which could be partially offset by increased customer demand for the Company’s endpoint security and productivity solutions that support business continuity and remote working environments, including the BlackBerry Spark platform, SecuSUITE and BlackBerry AtHoc.

What's upcoming and where is BB focusing strategically?

The Company is developing a concept system to integrate BlackBerry Spark capabilities, including AI and machine learning technologies, with BlackBerry QNX automotive solutions. Have to watch out for more information during the earnings calls.

How was the Customers growth among BB products?

QNX:
QNX was acquired by BB in 2010, right from that moment, BB started its journey in Automotive industry. Initially, it has launched Infotainments and Telematic under QNX product category and it was deployed on leading car manufacturers. It started branching out and was able to offer more products under QNX. Now it is has aligned itself very well for the next gen EV cars.
Adoption of QNX products from 2016 to 2020:
As we see, the growth has been substantial, and we can expect it grow more as we see more cars from new manufacturers and from existing ones and also automotive driving platforms especially in EV sector. There are currently 1.4 billion cars approximately. In 2018, approximately 4.2 million heavy commercial vehicles and just over 20 million light commercial vehicles were produced throughout the world.
It’s estimated to have at least 470 million cars by 2025.
Link: https://www.itsdigest.com/470-million-connected-vehicles-road-2025.
The market share is about 10% in total across automotive
Customers:
https://docs.google.com/spreadsheets/d/1NQQ6lkby32kHu2tWqbfYqlDEYy90KI6QfsyYd8moYjo/edit?usp=sharing
IVY:
KARMA Automotive is the first customer to use this product.
Link: https://www.blackberry.com/us/en/company/newsroom/press-releases/2020/blackberry-collaborating-with-amazon-web-services-to-demonstrate-safe-secure-and-intelligent-connected-vehicle-software-platform-for-in-vehicle-applications
Chen stated that there won't be much of the revenue growth from IVY until 2023.
Under the terms of our agreement, BlackBerry will own all the commercial relationships with customers and will share revenues with AWS.
The target is to be in the 2023 year’s auto model, with possibly potentially some professional services prior to it. While it is too early for us to provide a revenue outlook, we are confident that BlackBerry IVY addresses a very large market opportunity that will greatly increase our ASP.
Cylance:
It is part of the Blackberry Spark product under UES category
Typically, Cylance subscription period is 1 to 3 yrs. based on the deal’s BB made.
Leader in EPP (Endpoint Protection Platform) and they are able to catch with competitors in EDR (Endpoint Detection and Response)
Customers:
Added 279 new customers and new active subscription customer growth was about 15%. Notable new customers include General Motors, Becton Dickinson, Phillips Healthcare, SKF, which is one of Sweden’s largest manufacturers, the New Zealand Defense Force and the United States Census Bureau, just to name a few.
Verizon launched their business internet secure offering, which includes our BlackBerry smart AV antivirus product and Cisco’s Umbrella security service.
Blackberry Spark:
Spark is collection of BlackBerry Cylance, BlackBerry® UEM, BlackBerry® Dynamics™ and BlackBerry® Workspaces products. BB to pushing its efforts for customers to choose this product in 2021.
Spark, as a reminder, is a combination of UEM and UES, the Unified Endpoint Security offerings. In the 2020 Q2, Q3, BB made good progress in both the government, and financial services verticals with customer wins
In addition, they had success in verticals including healthcare and manufacturing sector.
Up on the acquisition of Cylance company, BB was able to integrate it with its existing products which will be part of UES suite. Customers are inclined to upgrade from UEM (Unified Endpoint Management) to UES (Unified Endpoint Security)
Customers are eager to get with UES:
UEM Suite
UEM Suite was added to the Department of Defense Information Network Approved Products List (DoDIN APL). BlackBerry is the only UEM vendor that has achieved this level of approval to date. This achievement is based on the completion of cybersecurity and interoperability certifications. This approval will provide us better access and a more streamlined approval process. This should naturally lead to greater revenue opportunities going forward. The latest release of UEM has also recently achieved NIAP accreditation
AtHoc:
Zoom was one of the customers who is using AtHoc product, after we know what happened to the stock when street found out that it wasn't secure. In this way, Zoom can highly secure way to hold virtual meetings in this new work-from-anywhere environment.
Even, Microsoft Teams and ServiceNow’s Now platforms are on AtHoc. As we know, Teams market leader has 116 million active users and Service Now 51%, IT Service management.
Customers:
BlackBerry Radar:
In 2020, Canadian Pacific Railway agreed to deploy product on 2,000 of its domestic intermodal chassis.
In 2019, one of the top three U.S. retailers specializing in home improvement. The customer placed a 2,500 unit’s order.
In 2019 fiscal year, they have added 50 new customers and recurring revenue from the existing customers.
A big part of our competitive advantage is the BlackBerry legacy experience in designing a reliable, secure solution,” Plaat said. “That’s an important issue in this industry with high capital assets that you keep for years. The ROI is very good for a reliable solution like ours.”
Customers:

BB Revenue:

2021 Fiscal year
2021 Fiscal year Revenue
Note: Software and Services include these products IoT, QNX, BlackBerry Spark, AtHoc, Radar.
The revenue got impacted due to 2020 chaos especially on the QNX product side. According to the earning calls. There are still on track to maintain the gross margin over 70% and dollar net retention rate is above 90%.
As you see, the gross margin has been consistent past few years and revenue is steadily increasing every year.
https://preview.redd.it/147chgljmdf61.png?width=468&format=png&auto=webp&s=af6ade569cac42d01dcef342390394b79e588e0b
Revenue, Gross Margin, Net Income, EPS for years 2019, 2018, 2017 and 2016
https://preview.redd.it/52xi873qmdf61.png?width=468&format=png&auto=webp&s=8643de72c426efc2f08fa9cf431bbb2c5fbbb26e
Growth in Revenue from Products from 2019-2013:
https://preview.redd.it/aen6tm7tmdf61.png?width=468&format=png&auto=webp&s=69907fd3fc1ed299f100fde92c68e5a5665ebd6f
Notes:
In 2019, due to restructuring, BB was unable to close deals, we should see +ve in 2020.
IoT: Comprised of QNX products, UEM, & Radar
Other: Handheld Devices and Service Access Fee (SAF)
Since BB was moving away from manufacturing of devices gradually, in 2020 most of it done by third party companies. That’s why we have negative growth under Other.

Pricing for BB products

QNX Pricing:
As there are many modules under QNX, like hypervisor, ADAS, clusters, cockpit, IVI. The cost ranges anywhere from the low-single digit dollars to literally high-single digit or low-double digit dollars per module.
Trefis estimates BlackBerry generates about $4 in QNX revenue per vehicle. Automakers are only expected to ship about 62 million new vehicles this year, according to Statista Research. Assuming QNX is installed on at least half of those vehicles, BlackBerry would generate about $120 million in annual sales -- or nearly a fifth of its trailing 12-month software and services revenue -- from QNX this year.
Link: https://www.fool.com/investing/2020/12/07/investors-overreacting-blackberry-deal-with-amazon/
Unfortunately, we don't know the exact price the QNX OS costs or per say other modules under QNX. If more modules of QNX are used, then it's adds up and the Average Rate for Per Unit might be 4x or 5x.
This gives us an idea about how to get more revenue from QNX itself when the manufacturer would use other modules under QNX apart from OS.
We have already seen list of the OEM's from previous posts and in the above spreadsheet you saw list of the QNX products certain OEM's are using.
IoT subscription period is typically 4 yrs.
Radar Pricing:
Estimation in 2017:
BlackBerry charges $10 to $20 per month for every trailer connected to Radar.
The Go-to-Market objective is to have approximately a 50-50 split in Radar sales between BlackBerry’s channel partners and its direct sales force. BlackBerry Radar partners typically sell only this particular solution.
Recently, BB was able to expand channel ecosystem to more than 12 channel partners, this new partnership might help BB capture more of the logistics and transportation area.
https://www.prnewswire.com/news-releases/blackberry-radar-expands-channel-ecosystem-with-new-partners-301052631.html
https://www.reuters.com/article/us-blackberry-recovery/born-again-blackberry-canadian-icon-hopes-to-ride-trucks-to-growth-idUSKBN1901P1
Cylance Pricing:
Cylance might charge 55$ per endpoint per year.
Announced that Forrester found that BlackBerry Cylance’s AI-driven endpoint security products delivered a 99 percent return on investment. We will see more revenue in 2021 as we shared earlier that customers who bought UEM are excited about UES too.
At present, the market share is below 1%.
Ref: https://www.datanyze.com/market-share/ep--359
https://preview.redd.it/abqz6zscndf61.png?width=468&format=png&auto=webp&s=632f51e1c860000c77f238cff6e1db4c0ccaea19
Projected Product Sector Revenue Growth by 2025:
QNX:
According to survey, the Global In-Vehicle Infotainment Market size is expected to reach $42.7 billion by 2025 (This is where we shall see more competition from different OEM manufacturers as they build their own products)
Global Market Insights, Inc. has recently added a new report on automotive operating system market which estimates the global market valuation for automotive OS will cross US$ 4.5 billion by 2026
And the QNX OS (Just the OS) segment is expected to grow at a CAGR of nearly 15% from 2020 to 2026
https://www.globenewswire.com/news-release/2020/11/24/2132346/0/en/Automotive-OS-Market-to-hit-USD-4-5-Bn-by-2026-Global-Market-Insights-Inc.html
Endpoint Protection (Cylance):
The global endpoint security market is expected to grow from 13.58 billion $ in 2020 to 19.24 billion $ in 2025 at a CAGR of 7.6% during the forecast period.
https://www.marketdataforecast.com/market-reports/endpoint-security-market.
Assuming the market share in endpoint increases to ~3%. It can be around 577 million
Asset Management (Radar):
Global asset tracking market will reach $36.3B by 2025, growing at 15% CAGR
https://www.globenewswire.com/news-release/2020/03/04/1995009/0/en/Global-Asset-Tracking-Market-2020-2025-Insights-Into-Technologies-Solutions-and-the-Ecosystem-Including-Major-Players.html
We have to know what the priority level for BB for this product and how much market share they are targeting in the upcoming years. It’s quite early to say about it and the contribution to the revenue is insignificant compared to other products.
Challenges:
QNX:
Toyota, VW, Mercedes Benz have started taking route of AGL (Automotive Grade Linux) which is an open source (free to use) which implies the QNX market share in OS is waning. These are big manufacturers and how blackberry shall adapt is wait and see game.
There is always a case where companies might decide not to use more of the QNX modules just the OS, this will impact the Average Selling Price (ASP) per car as well as the revenue since those modules add up 4x-5x ASP.
IVY:
Revenue from Blackberry IVY shall be more reflective from 2023, stated by Chen. So, there is uncertainty in this area and no revenue estimate. We have to see how this partnership plays out how companies are willing to adopt cloud platform for insights and management of the automotive software’s.
Cylance:
Currently, the market is highly competitive, and BB has to make it way to top 10 and capture more market share. In 2021, it shall unfold more about it as we are seeing rapid growth in IoT sector across various sectors.
The BB is in the right position to capture more of the automotive market and we have to see how it shall play out in coming years when EV sector is full blown and more cars are delivered, and security threats increase. Also, it offers the endpoint protection, which certainly companies can benefit but not necessarily the SMB which are driven through e-commerce platforms.
Radar:
It’s barely scratching the surface in this sector and as there are bigger sharks who have been in the market for long time.
In the second quarter of fiscal 2019, the Company previously stated that it expected to generate $100 million in cumulative revenue from its BlackBerry Radar asset tracking solution over the next three years. The Company no longer expects to generate this revenue within this time frame. (This is a set back and there are other competitors who have been in the Logistics and Transportation Industry for quite some time).
In general, BB has to pitch itself more aggressively in other sectors especially in Medical, Industrial, Oil and Energy. Considering the certifications they have and the clients they serve.
Thanks to OP's and go give a read at these DD's too:
https://new.reddit.com/wallstreetbets/comments/ks4s3s/bb_king_the_blast_from_the_past_with_the/
https://new.reddit.com/wallstreetbets/comments/l37ktg/bb_weekend_due_diligence_confirmation_bias/
Target Price in 2021: 25-30 (by not considering crazy valuations into account). I personally believe if the IVY platform and Spark product revenue increases then we can certainly see the stock price 4x-5x in coming years.
Positions: 400 shares @ 12 and 2 Jan 15 2023 calls. I plan to add more as I see the potential and growth in the newly introduced products.
Disclaimer: This is not a financial advice, I'm merely a random person who loves BB and would like to see this company fly to new heigths. Cheers to everyone!!
submitted by whatisgf to BB_Stock [link] [comments]

Seven secrets you need to know about Your name Engraved Herein, Taiwan’s Highest-Grossing LGBTQ Film

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https://preview.redd.it/mn4lpgnsn6761.jpg?width=1048&format=pjpg&auto=webp&s=86ca79cf3893f75ddc9103fd1e8263a08845c989
Since its release in September 2020, this blockbuster so far has already accumulated NT$100M (around US$3.5M) on the island alone—an enormous number not just for an LGBTQ film, but for every Taiwanese film. With its premiere on Netflix on December 23, this film, Your name Engraved Herein, can finally be watched by viewers all over the world. However, based on the director’s true story happening in Taiwan in 1987 and shot in a lyrical and poetic way, this film has many cultural nuances that are only familiar to local Taiwanese people and many details that you might misinterpret the whole storyline if you do not pay keen attention to. We think it would be a pity if people can’t fully enjoy this film because of cultural boundaries, so here we would like to provide seven interesting facts about this movie that you might not have known before.
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What are Birdy’s true feelings? Does Birdy actually love Jia-Han or Ban-Ban?
The film is about the love story of Jia-Han (CHANG Jia-Han or simply A-Han, played by Edward CHEN) and Birdy (WANG Bo-De, played by TSENG Jing-Hwa). However, since the whole movie is shot from Jia-Han’s perspective, it is quite common to ignore Birdy's feelings and only realize half of the story. Many people raise questions such as "Did Birdy love Jia-Han or Ban-Ban?", "Why did Birdy do this?" after seeing the film for the first time. Nevertheless, the true story is that Birdy loved Jia-Han as much as, if not more than, Jia-Han loved Birdy. However, the cues are so implicitly hidden in this film that people may not notice these nuances, especially Birdy's acting and facial expressions.
Searching for the evidence of Birdy's love can be addictively intriguing, which is also the reason why many fans rewatch the film again and again. However, it might be not easy for foreigners to decode Birdy’s real thoughts because of cultural and language barriers. So here we would like to explain how Birdy really feels according to cues in the movie and help you uncover the hidden part of the story.
In the beginning of this movie, Birdy tries to approach Jia-Han by funny excuses such as borrowing soap and sharing walnuts in Jia-Han’s bed. He is simply attracted to Jia-Han and falls in love, just like Jia-Han can not stop watching him. They are together and have a wonderful time that year.
However, Birdy soon changes his attitude and turns cold to Jia-Han after he meets Ban-Ban, leaving Jia-Han in disappointment. Worse still, Birdy does really mean things to upset Jia-Han. He suggests Jia-Han to get a girlfriend in the church, acts intimately with Ban-Ban in front of Jia-Han at the night market, and even passes Jia-Han's secret love message "WANAN" to Ban-Ban with a balloon in public. Seeing how Birdy’s behavior leaves Jia-Han so heart-broken and in despair, many people might start to wonder if Birdy is actually straight.
It is not until the final part of the movie does Birdy confesses his love. It is surprising, not only to Jia-Han, but also to some viewers who think that Birdy loves Ban-Ban instead. However, many nuanced scenes in this film actually indicate that Birdy’s true love is Jia-Han. Every time Birdy tries to upset Jia-Han, there are often moments when Birdy reveals his genuine feelings of sorrow and guilt through his facial expression once he finds out that Jia-Han is not looking at him and he can stop “acting”. For example, in the church scene, Birdy at first teases Jia-Han and says that he wants Jia-Han to get a girlfriend in a careless attitude, but his expression changes suddenly after Jia-Han leaves, showing that his carelessness is merely a play-act in front of Jia-Han. There are also times, though rare, when Birdy just can not but show worry and heartbreak, even in front of Jia-Han. During their argument at Jia-Han’s home, Birdy’s eyes are filled with sadness when he questions Jia-Han “Have you gone crazy?” after Jia-Han is about to come out of the closet in front of his parents. Though never giving in with his words, Birdy’s tears at that moment reveal his true feelings, that what he really cares about was Jia-Han and that he does not want Jia-Han to be hurt because of him. Moreover, in the very same scene, in response to Jia-Han's abrupt question "I dare to say who I like, do you dare?", Birdy can only fall silent because he can neither say he loves Jia-Han out loud, nor can he tell a lie that he loves someone else.
So why does Birdy try to distance himself from Jia-Han? In this movie, Birdy witnesses several violent incidents related to being gay, like the schoolmate being bullied in the bathroom. He later even gets involved in one himself, ending up jumping off the building just because he and Jia-Han are too close. These make him realize that for him and Jia-Han, being together will lead to terrible results under the social pressure at that time. Though Birdy is not that concerned about his own safety, as he does many crazy things then, he can not bear to see Jia-Han get hurt because of him. So he makes a hard decision, distancing himself from Jia-Han and starting to date Ban-Ban, who tries so hard only to find 30 years later that “Liking boys is innate. If I had known, I wouldn't have tried so hard.” and accept the fact that Birdy might like her, but never truly loves her. Birdy’s true love has always been Jia-Han, since they met for the first time in the pool.
By the way, don’t feel bad about yourself if you can’t tell between these two boys in the first half. Many viewers also had complained about this because these two actors actually look somewhat alike, even to the eyes of a native Taiwanese. So it’s not about race. I can assure you.
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OK I get it now. But why does Birdy have to hide his true feelings?
To know the answer, we have to understand what it is like to be a gay student in Taiwan in 1987. Despite being the first country to legalize gay marriage in 2019, Taiwan was quite conservative 30 years ago. Being gay was never acceptable because people believed in reproduction as the main purpose of marriage, and many even valued only patrilineal descendants. If anyone was considered gay, he would probably be harshly blamed by the family and fatally bullied by others.
The situation is even harsher for Jia-Han and Birdy, for they are still students in this story. During those years, for high school students, studying for the college entrance exam is the only thing considered important. Many measures are often taken to keep students concentrating on their studies, even though they are nowadays considered unreasonable. There were even military officers and dormitory masters in the school, maintaining strict discipline with corporal punishment. Romance relationships, even interactions between boys and girls, are strictly forbidden, not to mention same-sex relationships, which are totally unthinkable at that time.
Also, students are asked to choose between science studies major and social studies major so that they can focus on their exam subjects more. However, only those who majored in science studies are considered promising in their future career. This is why Jia-Han’s father was so angry at Jia-Han’s transfer from a science major to a social studies major.
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Who is the protesting guy on the footbridge?
Appearing in the film for just one minute, this guy, Chi Chia-wei, is an iconic flagbearer in Taiwan’s LGBTQ movement, and the director pays tribute to his great contribution by filming how he, a courageous gay, once faced brutal treatment by the government at that time. In an era when homosexuality was taboo, Chi Chia-wei was the first person in Taiwan to come out as gay on national television in 1986. He kept fighting for gay rights and gay marriage in his own unique way, including wearing bold costumes while protesting, as shown in the movie. Thanks to his efforts, Taiwan has finally legalized gay marriage in 2019, becoming the first country in Asia to do so.
He was selected by Time magazine as THE 100 MOST INFLUENTIAL PEOPLE OF 2020.
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What’s martial law in Taiwan and why does the whole movie start with a government announcement?
It is quite crucial to understand the historical background of Taiwan to emphasize the feelings of Jia-Han and Birdy in this movie. The island of Taiwan was under the rule of the authoritarian Kuomintang-led Government since its defeat in Mainland China in 1949, and martial law had been in effect from then until 1987, which was one of the longest impositions of martial law in human history. In the era of martial law, Taiwan was under strict government control, and human rights were often compromised. The leaders of the government (both from the Chiang family) were usually idolized, and hence there is a scene in the movie where thousands of people attend former president Chiang Ching-kuo’s funeral, including Jia-Han and Birdy.
In the latter years of the martial law era, however, things started to change. Restrictions started to loosen, and there was a movement toward a more democratic and free society. This finally led to the lift of martial law in 1987, which also marked the year when Jia-Han met Birdy. This is why the movie starts with the government announcing the lift of martial law. In those years, Taiwan's society was optimistic but also unsettling. Old ideology started to wane, and people started to question existing rules. However, new social rules had not been established yet and people—especially the youth—often felt confused and lost, which occasionally led to anger. This can be perfectly summarized by the conversation in the film: when Birdy says “I thought martial law was lifted” after their performance is stopped by the Military Officer, Jia-Han responds “Do you think the world has changed? Actually, it hasn't changed a bit.”
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In the movie, there are many scenes on the train or on the boat. Where does the story take place and where do they travel?
The fictitious high school in the story is based on the director’s alma mater, a Catholic high school in Taichung which is metropolitan in the middle part of western Taiwan. In the film, most of the events take place in Taichung, but Jia-Han and Birdy also go to Taipei city and Penghu islands, hence the many scenes about transportation.
They go to Taipei, the capital of Taiwan, as representatives of Witt High school to pay tribute to the former president, Chiang Ching-kuo, after his death. Taipei is located in northern Taiwan and is a 3-hour train ride from Taichung, so you can see both Jia-Han and Birdy fall asleep on the train.
After the argument in Jia-Han’s home, Jia-Han runs out angrily and Birdy soon follows. They end up in the Penghu Islands, which are located in the Taiwan Strait, to the west of Taiwan island. It is no surprise that Jia-Han wants to go to Penghu when he wants to go to the end of the world where he can no longer be tortured by his uncontrolled love. Penghu is a group of beautiful islands with white beaches and calming ocean waves, but it is very far from Taichung (at least for a high school student.) It takes a 4-hour train ride from Taichung to Kaohsiung Port, where they then take an overnight ferry ride to Penghu. (Now there is no overnight ferry ride to Penghu, as ferries go much faster today.)
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What are the songs and what do they mean in this film?
Songs play an important role in this movie, as unspoken love between same-sex lovers can only be communicated through songs at that time. There are three main songs in this film. The self-titled theme song, “Your Name Engraved Herein” ("刻在我心底的名字"), is written by Jia-Han in college (though he lies and says it is by a friend), showing his endless sadness after parting with Birdy. At the end of this movie, the song is sung again by young Jia-Han and Birdy, epitomizing their romantic union in Quebec and leaving us wondering what will happen next after the last line, “If I have another chance, I will surely love again.” This song is actually written in 2019 by artists in Singapore and Malaysia and has been the number one hit in many countries on Spotify.
The other two songs, “This World” ("這個世界") by Tsai Lan-chin and "Crowded Paradise" (“擁擠的樂園”) by Bobby Chen are actually classics from that era. In this movie, “The World” is especially important because it is the love song that Birdy gives Jia-Han. On their trip to Taipei, Birdy picks this song from the music player and says it is a gift for Jia-Han. This song appears four times in the film, indicating Birdy's love, which can not be told. It is actually a very popular song among the gay community at that time, giving many hopes with its encouraging lyrics:
Our world is not as bad as you said
So why do you still sign?
With your care and all your love
Let's add some beautiful colors to this world.
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What is the seventh secret? Any surprise for me?
Yes, definitely! The secret is that, after you finish watching the film, don’t skip the end credit as Netflix always automatically does for you! There are a few scenes showing the interaction between Birdy and Jia-Han from Birdy’s perspective, which complements the main part that is all-too-much-Jia-Han. And actually, there are more “sweet scenes” in the original script, which are cut out during the editing phase. Being called unfavorably as “cecum” by the director, these clips however are later released and are dearly loved by many fans. You can find the video on the official Facebook page.
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Written By Two Loyal Taiwanese Fans: A-Jing & Yoyo
We actually did not anticipate that we would write this much in the end lol. Maybe this movie wakes up the crazy (Birdy) and the courageous (Jia-Han) deep in our hearts. English is not our native language, but we hope this article helps you love this movie even more : )
submitted by yoyohou to boyslove [link] [comments]

Unpopular Opinion: COVID-19 surge is not solely caused by politicians coming back from Sabah, it never leave our community in the first place

Common belief in the online community is the current surge of COVID-19 cases are due to politicians bringing back them from Sabah, after conducting an effing election despite a rise in COVID-19 cases over there. Well, this is true to some extent, plus we kinda get a silver lining with one by one politician got infected almost everyday now. But in my (perhaps unpopular) opinion, COVID-19 has always been lingering in our population throughout 2020.
A false sense of security
We hit single digits days and even zero case somewhere in June, July and August. That was achieved after extensive contact tracing from known clusters. However, bear in mind, (or maybe I have missed it), we have not mass testing the population at large despite potential exposure in days prior to MCO 1.0. Even Dr Dzulkefly urged the federal government to do random testing on population (better if done consistently). The idea is, no matter how good your contact tracing is, there always be gaps that people will overlook.
A huge red flag
When Singapore reported a surge in cases among their foreign workers, that should serve as a huge warning to the local authorities here. But then again, no effort (or at least that I've known) made to test them en masse. Even prior to 'successful' combat of COVID-19 cases somewhere mid 2020, we are served with news of health personnel chasing immigrants to test them. Therefore, they are known to be a huge risk of any COVID-19 cases explosion. But back then, we were still in euphoria of 'defeating' COVID-19.
The bubble burst
Somewhere in early Sept 2020 onwards, a surge of COVID-19 cases were reported. Initially in Sabah, they were swiftly amplified after the PRN. Plus, there are cases sprouting from clusters of those coming back from Sabah. However, the next steep surge was reported coming from blue collar workers in factories and construction site. Now this is the most interesting part; these (immigrant) workers are generally secluded from the outside world, and no way they get in contact en masse with infected returnees from Sabah.
My theory is, COVID-19 has always been in their community since Kluster Tabligh last year. It is known that some immigrant Muslim workers especially from South Asia actively participate in religious activities locally. Their cramped hostels and workplace allows COVID-19 infection to explode. It just they are not tested until recently. Even though they are secluded from the mainstream communities in general, eventually the virus made it outside through their local supervisors at workplace and seldom interaction with retails and services outside.
Lessons not learnt
It always been baffling to me that the government still not testing the blue collar workers en masse on the reasons not to cripple the industry (make sense tho). Instead, they 'entrusted' the employers to test their workers on their own. Some of them abide by this but then, of course, a lot of them not willing to spend on testing if the government doesn't strong arm them. There are also disturbing reports of government lab purposely restricting tests on this group (https://codeblue.galencentre.org/2020/12/23/is-penang-limiting-foreign-worker-covid-19-testing-mma/).
Plus, now the government asking for the SPM students to got back to school without mandatory testing. This will be another COVID-19 brewing pot. It takes only 1 asymptomatic infected person in school to screw it all.
Without aggressive testing, we have inadequate data. Without adequate data, we can't formulate effective policy. Without effective policy, everyone suffer.
TL,DR: We fucked up
submitted by SultanMelakaIsReal to malaysia [link] [comments]

Users in multiple subreddits Press X to Doubt™ reading about the UK giving out a visa by month's end that'll allow 70% of Hong Kong to live in them.

WorldNews

Fuck off Boris This is disgusting in reality. The UK already has. A healthcare and housing crisis. Let's just welcome another 5 million people to come and drive up the prices and change our culture for the worse.
Hahah, this is hilarious and must be driving those who voted brexit crazy! I myself, welcome them.
>I voted Brexit and this is great news.
Cool
>Hopefully your strange mass generalisation can be course corrected abit. But that would be foolish considering the black or white stances people take on effectively, everything.
A bad decision is still a bad decision. There's no getting around it by trying to shame people.
Fuck off we are full
You vote a con you're the problem, we need to remember this shit show next election.
Yep , that’s what the U.K. needs , more immigrants. 🙄
Well about time they pull their heads out of their asses. Very fast acting clap clap not even half the population was slaughtered before help arrived! What a world we live in! <3
They are probably better off where they are. We are a shithole country right now. Led by a British Trump and dripping with bigots and racists.
Go to Germany, France, Italy, Spain or any other country in the EU. Your prospects will be much greater and so will be your quailty of life.
Hilarious. I wonder what BRIXTERS think. Nationalism is a lost conception. The internet has made us all the same. Globalisation is not just a concept it’s how humanity functions now. Take it or leave it but nationalism is dead. Unless you prefer to stay in the Dark ages
Finally! We owed them this. We completely fucked them over and broke our promises with the way we handed HK back.
"get rid of guns, guns are bad" I bet those Hong Kong people wouldnt have to flea to the UK if they had weapons. Please take a look at america... At the brink of giving up their guns to socialist idiots.
Thats how you know that China defeated the UK.
This is truly disgusting. We should never have these people forced upon us. Our governments have sold the native population down the river.
This is stupid. Wouldn't UK just get infiltrated by Chinese spies.
Smart move with Scotland leaving the Kingdom.... eventually.
Thank god I don’t live in The UK. Would hate to have all these animals come in to my already shit country
Many will generate wealth as entrepreneurs. They will create jobs.
Hong Kong person goes to live in UK. Still no freedom of speech
i love the cultural suicide path that the UK has been on. first they import arabs, and indians and africans (black), now 5.4 million asians. i sure hope this ends well. (asians wont tollerate the other three races) the memes that will come out of this....
Reddit: Hahaha fuck the CCP Also Reddit: Immigrants? Refugees? In my country? REEEEEE
Good fucking job lads. That’s one way to free Hong Kong (WARNING: LOTS OF DRAMA)
DELETED THREAD
so the uk let in the muslim refugees in and are now dealing with the horrible outcome of that and now they are letting 5.4 million more refugees. I'm kind of confused did they not remember how shit it worked the first time? roving bands of rape gangs, the governments giving children away to pedophiles so they wouldn't look racist, the media hiding all the crime they are committing there? well, good luck
How are the professional class going to feel about the increased competition for work? I'm sure this is what they had in mind voting for Brexit.

GenZedong

Sino

The Brits are going to end up taking those extremist, freeloading people but hey not China's problem anymore. UK is going down the drain quicker than I thought. I need more popcorn pls
Who sounds more trustworthy about honoring promises of a "path to citizenship" than the country that just broke out of the EU over immigration?
Let the traitors leave, just to sure to revoke HK residency and Chinese citizenship along the way. Also sure to background check the hell of them if they apply for any sort of visa to enter China.
Moving to the UK? In 2020? Good luck to 'em, I say.

UpliftingNews

Yeah, the UK really needs more foreigners.
They had the right to live in the UK before it was turned over and then they had the right to leave and go someplace else after that time until the chinese gain full control but then they started losing it and rioting and now China isn't going to allow a small city to overturn an entire country the size of a continent... How did they think this was going to turn out? Those people don't want to come to the UK .. they could have. They want to change China... WELL THAT ISN'T GOING TO HAPPEN... I really really really don't like China... but the people of Hong Kong are insane... And then what happens if 5 million of them come to the UK? THAT WILL BE A LAUGH RIOT... there will be cities where no one speaks anything but chinese and the UK is a small area compared to other countries .. you aren't talking about Russia accepting 5 Million people that would be like no impact at all... YOU ARE TALKING ABOUT 10% OF THE POPULATION... ONE OUT OF EVERY 10 PEOPLE BEING FROM HONG KONG WITH PROBABLY ZERO ENGLISH SKILLS OR MARKETABLE SKILLS ... MOST OF THEM WILL END UP ON WELFARE 1 out of every 10 people 1 out of every 10 homes 1 out of every 10 in a classroom THATS A LOT... THAT IS A SERIOUS AMOUNT OF PEOPLE but it won't happen .. they don't want to move to the UK... maybe 100k might maybe but that would be an extreme number. I think they would rather move to singapore or taiwan than to the UK.. but some might want to move to the UK.
The UK is already overpopulated, so opening the door to potentially 5 MILLION+ more, during a global pandemic, is absolutely bonkers.
I realized the extent of your ignorance when I read your claim that most HK immigrants will be on welfare. If you knew anything about HK people and culture you would know that is the most unlikely outcome possible. 5 million HK immigrants coming into the UK will change a lot of things, but I can guarantee them being on welfare isn’t one of them.
The US banks could certainly use their money. This would be like Apple finally moving its money out of Ireland
Downvotes to you and your sensible opinion about immigration!
By that logic, we shouldn't have immigrants because Hitler was one.
Funny thing is, they don't even know why they downvoted. They are discouraged to think critically.

UKPolitics

I'm curious. Maybe some Tory could explain why these immigrants are ok but those with brown skin are not. They should all be welcome in my eyes where there is a genuine need.
"Maybe some Tory could explain why these immigrants are ok but those with brown skin are not. They should all be welcome in my eyes where there is a genuine need" Can you point me to a govt policy that has ever tried to stop 'people with brown skin' coming to the country? Our rate of immigration from Asia has always been far higher than any other region of the world. Brexiteers, not just Torys might I add dislike unchecked immigration. This is not unchecked immigration, we have opened immigration to BNO passport holders because China has violated the HK treaty. Points based immigration isn't seen as racist in any country except ours apparently
This is great news. I just hope they get looked after and not treated like 'yellow slaves' when in the UK. Brexit taught me that the British public can be quite feisty when it comes to racism. These poor fellas are also refugees, but they are much more skilled and wealthy than the traditional middle Eastern variety that Brexit promoted itself upon. Upon coming to the UK they will be underpaid and over worked, but HK life will be similar if not worse, making them super competitive. Give it 10 years and their competitiveness will again elude to the 'they're stealing our jobs', 'they don't speak english' & 'they're not white'. I just hope the British public as a whole is understands it's not colonial times anymore, and the world has moved on from racism.
If we have another migration wave we'll have another nationalist, xenophobic wave in politics.
"It is making this "generous" offer to residents of its former colony because it believes China is undermining Hong Kong's rights and freedoms." Anyone think the BBC sound like they're being sarcastic here? The quotations around generous implies that it isn't? Regardless, great move here no matter who you support
More competition for Housing, more competition for Jobs, more strain on the Welfare system and the NHS, huzzah!/ More tax collected to support the welfare system, more products and services, more doctors and nurses for the NHS. Huzzah.
submitted by ALDO113A to SubredditDrama [link] [comments]

Coronavirus Megathread (Jan 2021): For travel-related discussion in the context of COVID-19

Happy New Year! It's now 2021, and while vaccines are starting to be administered in several countries, the coronavirus (COVID-19) situation continues to have a major effect on travel, with many now looking to understand if, when, or how their travels might be feasible. Accordingly, /travel is continue its megathreads on a monthly basis until the crisis dissipates.
In the interest of reducing the number of one-off questions, before you post a question about how to deal with your individual travel plans, consider whether your situation is adequately addressed by the following:

Are borders open? What entry or transit restrictions are in place? Will I need to quarantine?

A list of travel restrictions can be found in a number of sources, including from IATA, Kayak's travel restriction map, or this alternative site that draws information from IATA. Note that IATA only deals with travel restrictions by air (so it will not speak to any land border restrictions or closures).
You may also do well to check out government and embassy sources from the destination country (and sometimes from your own embassy in the destination country). Because information can change on short notice, it is important to verify the latest information, ideally from government sources.

...in the US?

At the time of writing, foreign nationals are prohibited from entering or transiting the US if they have been in or transited via Brazil, China, Iran, Ireland, the Schengen Area, or the UK in the preceding 14 days. Starting Jan. 30, foreign nationals will be prohibited from entering or transiting the US if they have been in or transited via South Africa in the preceding 14 days. Exceptions to this rule include green card holders. Note that (except for, of course, US citizens) this is not a citizenship-based restriction; it is purely based on travel history.
All air passengers (including US citizens and green card holders), regardless of origin and nationality, need to produce a negative result from a viral test taken within 3 days of the first flight on a single ticket to the US.
The land borders with Mexico and Canada are closed to all except those travelling for essential purposes, but air, rail, and sea (but not commuter rail or ferry) ports-of-entry remain open to non-essential travel.
No nationwide quarantine requirements exist, although an executive order signed on Jan. 21 hinted at the possibility of one being instituted, should the CDC recommend it. Nevertheless, individual states and/or cities may have their own requirements, even for domestic travel, so you will need to confirm with information from your destination state or city. As an example, this is New York State's travel advisory/quarantine page; note that travelers are permitted to break quarantine to leave New York State and the state's quarantine restrictions would not prevent you from boarding a connecting flight.
For more information, see the US CDC's COVID-19 page.

...in Canada?

At the time of writing, foreign nationals are barred from entering Canada unless they are traveling for certain, mostly essential reasons, regardless of mode of travel. Those traveling from countries other than the US must also fulfill one of several additional categories of exemptions. Those who are permitted to travel to Canada for non-essential purposes include – aside from Canadians – permanent residents and certain family members of Canadians and permanent residents. Note that Canadian airlines will be halting flights to Mexico and the Caribbean. Those wishing to travel to Canada on compassionate reasons may do so provided they receive authorization from the Public Health Agency of Canada. Fully airside international transits are typically permitted.
All passengers five years or older arriving into Canada by air will also need to produce a negative result from a PCR test taken within 72 hours prior to boarding. Passengers will soon be required to quarantine at hotels for at least three days, pending negative test results, in one of four cities – Vancouver, Calgary, Toronto, and Montreal – that will serve as the only ports-of-entry by air. After being permitted to exit hotel quarantine, which is expected to cost approx. C$2000 per passenger, travelers must continue to self-quarantine until 14 days after arrival.
For more information, see the Canadian government's COVID-19 travel restrictions page.

...in Mexico?

At the time of writing, there are no changes to Mexico's standard entry requirements. However, the land border with the United States is officially closed to all except those travelling for essential purposes. Travelers must fill out a "Questionnaire of Identification of Risk Factors in Travelers", available here, to present upon arrival. There are no quarantine requirements upon arrival in Mexico.
For more information, see information provided by Mexican embassies, including the Mexican Embassy in the Netherlands.

...in the UK?

At the time of writing, foreign nationals are barred from entering the UK if they have entered or transited South America, Panama, the UAE, or several countries in southern Africa within the previous 10 days are not permitted to enter the UK. The full "red list" of countries is subject to change. Irish citizens and those with UK resident permits are, in addition to UK nationals, exempted from this restriction, although a requirement to quarantine in a hotel upon arrival is forthcoming.
All international arrivals (including UK citizens) will need to quarantine for 10 days after arrival. However, the quarantine period can be shortened further in England if you test negative at least 5 days into the quarantine period. Note that, even if one is required to quarantine, one is typically permitted to leave the UK to continue their travels before their 10-day quarantine period is complete. Those coming from the countries and regions mentioned in the previous paragraph are also not eligible to participate in the test-to-release scheme.
All travelers destined for Scotland from outside the Common Travel Area must produce a negative result from a test taken within three days of departure. A similar requirement also applies to those destined or transiting through England.
With "lockdown" measures in place within the UK, there may be restrictions on travel purposes to, from, or within the constituent countries. For example, travel to and from Scotland is prohibited except for limited purposes.
For more information, see UK Border Control.

...in the EU? In the Schengen Area?

In late June, the European Commission recommended that external borders be reopened to short-term visitors arriving from several countries deemed to have adequately maintained the virus. This list has been updated, as of Dec. 16, to consist of Australia, China (subject to confirmation of reciprocity), Japan, New Zealand, Rwanda, Singapore, South Korea, and Thailand. This list, however, is non-binding among member countries and is subject to change.
Nevertheless, several countries within the EU or the Schengen Area have used this list as guidance, permitting arrivals from these countries as well as "EU+" countries (which includes EU and Schengen countries as well as the UK). These restrictions typically are not based on nationality but rather travel history and/or residency; consult resources from your destination country. However, multiple EU countries have temporarily placed additional restrictions on travel from the UK. Fully airside non-Schengen to non-Schengen transits are typically permitted, but confirm and consult resources from your transit country to see if further documentation (which may, at times, include negative test results) is required.
As the various EU and Schengen countries have opened their external borders to third-country nationals in various ways and with different exceptions, it is imperative that travelers check the entry requirements for their ports-of-entry. A summary of travel restrictions is provided by the European Union, but many have reported that government (e.g. embassy or foreign ministry) resources have been more detailed and accurate.

...in South Korea?

At the time of writing, most nationalities with visa-free or visa-waiver arrangements with Korea have had their visa-free/waiver status suspended, primarily on the basis of the reciprocal entry restrictions for Korean citizens. There are also additional entry and transit restrictions of those traveling from China.
International arrivals, with very few exceptions, will be required to quarantine for 14 days; non-residents will be required to quarantine in government facilities at their own expense.
For more information, see the Korea Immigration Service.

...in Japan?

At the time of writing, foreign nationals who have been in one of 150+ countries for purposes other than transit are not permitted to enter Japan. Further, visas and visa exemptions for nationals from many countries have been suspended. Permanent residents, long-term residents, and spouses and children of Japanese citizens may be exempt from these entry restrictions provided they meet certain conditions.
Those individuals, including Japanese citizens, that are permitted to enter Japan will be required to undergo a 14-day quarantine. Starting Jan. 13, all travelers will be required to provide proof of a negative result from a test taken within 72 hours of departure for Japan. Additional restrictions are in place for those travelling from the UK or South Africa.
For more information, see the Ministry of Foreign Affairs of Japan.

When will borders reopen or travel restrictions be lifted? Is it safe/a good idea to book travel for a particular time months ahead?

It is, of course, impossible to say when travel restrictions are lifted for every country. Where no news has been officially provided, it is often very difficult to predict as countries will make decisions based on the progress of the pandemic – which is an unknown – as well as other pressures (e.g. economic or social).
Consider that the progress of the pandemic and efforts to combat it are unpredictable. Even with the vaccine rollouts, it's unclear how this will affect travel restrictions and procedures. In the meantime, with the resurgences of cases in several countries, the new variant announced in December, and the onset of the Northern Hemisphere winter, some countries have firmed up travel restrictions, requiring additional tests or quarantine periods or preventing travel from certain locations. Further, even if you are ultimately able to travel to your destination, there may be "lockdowns" or widespread closures of businesses and places of interest.
Realize that you are taking a risk by deciding to speculatively book travel in the hopes that travel restrictions will be lifted by the time you travel, or even will remain as liberal as they are in your destination today. With this unprecedented situation, old adages about when it's best to purchase airfare may no longer be valid. In any event, be aware of the policies of your airlines and accommodations for credits and/or refunds should you need to reschedule or cancel.
Further, understand that airlines may make it very difficult to receive a refund, even if legally required. Many travelers have reported waiting months to receive refunds on cancelled flights or otherwise being stonewalled when requesting a refund. And be aware that if your airline goes out of business, your funds could be lost forever.
Take note of your jurisdiction's laws regarding refunds for cancelled flights. For example:

So should I cancel a trip that I've already booked? And how? Will insurance help?

These questions were covered at length in the second megathread. Although countries may be starting to "reopen", the points therein are still relevant.
Previous related megathreads:
Semi-monthly megathreads:
submitted by tariqabjotu to travel [link] [comments]

What beliefs define you as a centrist?

I just want to know what people here think that makes them a centrist. aka what beliefs do you have that make you identify as such (this is a long post but I am genuinely interested in this type of discourse). Also, many of these things, I realize, are pretty common in many countries. I've lived in the US primarily so this is based on my experience here.
I'll start, here are why I believe I'm around the middle, please feel free to place input:
---- "conservative" leaning views (IMO) ----
  1. Free Market Capitalism is the best politico-economic system created thus far (emphasis on thus far). The data here is pretty clear, ever since the adoption of free market capitalism the world has overall become a better place in general. World absolute poverty has nearly halfed in the past 30 years, a lot to do with BRICS countries adopting free market structures (China's economic zones where capitalism runs basically free is one example that you can look into). Trade and globalization has allow for tiered economies, insofar as wealthy nations are now de-industrializing and BRICS nations have now industrialized bringing better standards of living, more competitions and access to world markets which better everyone as a whole. Notice I am not saying everyone benefits proportionally, but needless to say everyone gets a net gain from this. I can talk a lot about financial markets and the implications of their regulation and taxation but that is a story for another time.
  2. Globalization has allowed an unprecedented amount of resources to billions. Yes, developed nations (here defined--in general--as OECD members + like Singapore, Taiwan, and others) do benefit more as there is more purchasing power for citizens, but world class supply chains allow for unprecedented economies of scale that drive the costs of goods down significantly meaning more and more people are able to purchase them. Globalization and low trade barriers also allow for offshoring, meaning firms are able to send their production lines to other countries. This allows for trait education, technological transfer, and capital transfer from richer nations where wages are very high to nations with lower wages and lower living standards. This, you could argue, allows for a distribution of the means of production to poorer, more uneducated world citizens (again, this is in general, not saying people in non-OECD countries are uneducated, but I am saying the industry diversity and quality of education is of lesser extent and quality). Strap this with national equity laws (Local business/people/nation needs to have equity on local operations with share of profits) and money repatriation laws (cap on how much cash foreign companies can extract from a nation) and I think it's a pretty sweet deal.
  3. Government minimization is a huge deal for me. I will divulge on how the government should intervene in some instances but generally I am in favor of the government being the fuck out of my business and anyones business. I think minimizing the government is simply better for everyone, as it allows us to have more "freedom" or at least it makes me have a better sense of independence. The government being the "all provider" and a big interventionist on citizens' affairs never turns out to be good, in both historically left and and right governments and societies.
---- "Liberal" leaning views (IMO)----
  1. Government regulation and intervention is sometimes necessary. This stems primarily from the fact that there is an almost comically overwhelming amount evidence of climate change. Capitalism running completely free is definitely not a good idea, but we need to know where the government/regulating entity needs to step in. Carbon tax, emission caps, heavy tax breaks/incentives on green energy are paramount in this. I think the government needs to play an active role in making renewables make economic sense (in contrast to fossil fuels) as quickly as possible while also regulation the shit out of how much stuff we throw in the air. I encourage you to read about the permafrost problem we'll be facing just for you guys to know just how deep in the shit we can get ourselves into if we don't act, like, right the fuck now. Honestly, I believe in Nuclear power, France is a pretty good example of how good it is. However, I feel that there needs to be more talks about de-stigmatizing this source of energy. I'd rather have a bunker with radioactive waste (which we can store, quantify, and regulate) much more than we can control how people pollute the aiground through burning and extraction. Nuclear power is nowhere as risky as people think it is, it is like a "I'm afraid of flying" thing when the math says you have a way higher chance of dying in a car (yet you don't hesitate to get into your Prius, don't you?). Btw, I am in no way an expert on nuclear energy, so please feel free to chip in. I can talk more about mining for days but it would need a separate post. I could also write a book on healthcare regulation (I'm looking at you Purdue, Cephalon, Insys, and many more).
  2. I genuinely believe in universal healthcare. Yes, it's slow and inefficient as anything government related is (e.g DMV, Social Security) but it comes with the upside of people never hesitating to seek medical care because of money. Ultimately, I think taking care of your body is a godamn human right. How to achieve this is a battle that is debated by many people today. I can sense many of you are thinking "lets tax the rich/huge companies for that dough" but one should read up on the phenomenon of the Laffer Curve, an economic phenomena that has been studied by many, many economists throughout the years (the US used to have a 73% tax rate on the richest people, look it up). Needless to say, universal healthcare is definitely not radical and should be implemented.
  3. Wages have not kept up with costs of living and definitely not with inflation. This is a huge problem as I define a livable wage as one that allows you to have the "American Dream" of those oh-so romanticized 1950s-60s (I'm referring more of the romanticized version of this dream than the one that truly happened). An exact amount or what people consider "essential needs" is a subject that has been debated a billion times throughout modern history and is beyond the scope of this post, but I do think that people have the right to earn a wage that allows them to have at least housing, healthcare, means of transportation, food on the table, electricity, water, education (this is crucial for me), etc. In essence, a wage based on purchasing power for these things. Again, I could talk some more about the cost of education compared to the wage purchasing power as well as a how housing prices have skyrocketed and how wages have not kept up but you guys can input your own views here. In a way, unions could help this (e.g teamsters, teacher unions, etc). Many can argue that this can "prevent companies from being more financial risk takers" (invest in R&D, have investment funds, etc) but there are many tax incentives for shit like R&D and governments could create incentives for companies to continue investing in Venture Capital. Btw, would love to talk about UBI, but it would be too long. Refer to Andrew Yang's podcast with Joe Rogan to get a general gist on my views of why it's important. I believe in UBI (some forms of it, at least), the reasons why I can discuss with you in the comments.
  4. Education is bit tricky, as there is great success in private education insofar as research so I thinks its more of a make it much more affordable or make some parts of the system free (for example, make public colleges and universities free for residents of that state). There is no doubt that as our society becomes more complex, more education (aka college) will be increasingly more necessary as automation is already destroying jobs that typically don't require college degrees. Crippling debt is a horrible way to start your future, and student loans is like building a steel wall in front of young people's opportunities, so people should really have the chance to get free education. There are some institutions where it makes economic sense to go into debt for (mostly elite universities) but obviously it means the vast majority of us don't get the luxury of that. NY state "excelsior scholarship" is a step in the right direction.
----Other views----
  1. Radical thought ultimately always ends up in the same exact spot, what really changes is how people justify to themselves how the horrible things happen. Historically fascist and communist societies tend to end up having very similar experiences. Expansion ideologies and control on its people are present (Gestapo and the KGB. Strongman leader like Mao, Hitler, Mussolini, Stalin, Kim family, Pinochet, list goes on. Suppression of the media and constant government surveillance + propaganda. Heightened sense of nationalism/ belief in a certain ideology or group think). Honestly similarities are endless and I can debate with you in the comments, I could talk about these things for days. Btw, every time anyone says China is a communist country, I die a little inside. Also, many might think be thinking "oh no x,y,z societies were not communist/fascist because Marx said x or whoever said y. I'm talking about historically self identified nations. Also, "its easier said than done," "a plan never survives first contact," ever heard of those? They're profound idioms for a reason. I know this is controversial, and I am ready to defend this in the comments, however, my 5 year old niece just woke up from her nap and I can't finish this thought and have to head to work soon.
  2. Radicalism ultimately contains extreme levels of hypocrisy. Ergo, why they tend to end in the exact same place, at least historically. This stems a lot from social issues though. For example, right people saying they want to have freedom and everyone should be able to do/say whatever they want but have a loooooooooong history of xenophobia, homophobia, etc. Same as the left, they say "respect all people," "love everyone," except people who go against them, no to generalize everyone but these are tendencies I tend to see a lot. People on the left talk about protecting muslims and minorities but their faces change when these groups don't follow their agenda. In other cases these groups straight up go against their beliefs but simply ignore it. E.g they blast christians and catholics for not directly embracing gender multiplicity and same sex relationships but little do they know islam does not support same sex marriage (I am NOT an expert on Islam, this was told to me by a muslim friend so anyone who believes in islam and can enlighten me on the actual beliefs please chip in. I know religion is a touchy subject so here is the disclamer). I am also not generalizing christian people/muslims/religions, but these are things I have been told these particular belief systems teach. I am Latino, and I have gotten shit from people both the right and left about my beliefs and some people have straight up blocked me because of these but both tend to preach either "acceptance" or "freedom" but acting in a completely different way. Both groups are a little iffy on science too. Climate change is real and some people on the right don't really acknowledge it, they also don't really acknowledge that homosexuality is a multi-species thing. Same sex relationships have been seen in dolphins, for example). So yes, homosexuality is a natural phenomenon not unique to humans. Also, biological difference between sexes are a thing. Trans women, by being biologically male (insofar as they have XY chromosomes) have physical advantages. Also, healthcare staff have the need to know whether you are biologically male or female as treatments can react differently depending on this.
There's really a whole bunch of shit that I left out like social equality (which I believe 100% on) and I will probably post those other opinions in the comments but let me know if you agree, and feel free to add in some shit these are just some points from the top of my head. I know this is a huge post but I really want you guys to chip in.
submitted by Charles_Ville to centrist [link] [comments]

Covid-19 control - Are we still safe?

I just learnt that Brunei is letting foreigners in for short-term purposes like vacation, relative visiting etc. Especially those from Singapore, so called Green lane, which only require 2-3days quarantine then they are released. Given the situation elsewhere in the world are getting worst, aren’t we suppose to be more strict and control/limit the people coming into Brunei without any strong reason? Most of Brunei’s import cases transit via Singapore, so I am wondering how can they still be considered a “Green lane” which the risk is also high.
Not long ago, I dine in a restaurant at a hotel in Brunei (keep anonymous) and saw a hotel bus filled with passengers whom just reached Brunei to be quarantined in the hotel. The SOP was questionable as there was only 2 hotel staff wearing some kind of plastic wear (not full body covered) with gloves and mask to cater them. There are still a lot of body area exposed. No customer dining in the restaurant was informed prior to this and those leaving only got stopped (close distance) asked to stand aside and wait. There is no special entrance for the passengers and they just checked in like normal and took a fair bit of time to complete their check in. Because that is the only entrance/exit for us, so we exited using the same door without full disinfection on the area. We are lucky that there was no cases reported on that day.
So the question now is, what can we do to keep ourselves and the country safe?
submitted by InternationalAge3415 to Brunei [link] [comments]

[NAFA][Poly] All about NAFA for prospective students! (mainly SOAD stuff)

Hi there! NAFA grad from COVID batch here! I previously wrote tips to not waste time at NAFA. Currently studying in NUS. If you're looking for post O levels/ITE options, look no further! 4 years ago, I attended NAFA's open house after receiving my O level results and back then I was as clueless as the many DMs I've received asking about NAFA ;) . So I'm making this post to clear those doubts!
Edit: Added academic calendar to general curriculum and important degree update

Content

Things to note before entering NAFA
  1. What is NAFA and who is it for
  2. Available Courses
  3. When and how to apply
  4. Application Timeline
  5. Financial Aid
During your study
  1. Useful Acronyms
  2. Life at NAFA
  3. Understanding NAFA's SOAD Standard
  4. General curriculum
  5. Electives
  6. Using workshops/Loaning of equipment
  7. Internship
  8. Overseas Immersion/School Exchange Programme
  9. CCA
Post-Diploma
  1. Furthering studies at NAFA
  2. Furthering studies at a local university
  3. Finding Work
​

Things to note before entering NAFA

[1] What is NAFA and who is it for?
NAFA, the Nanyang Academy of Fine Arts is Singapore's pioneering art school. It is a private arts institution. It provides diploma studies with a study duration of 3 years just like poly. The special thing about NAFA is that it provides 1-year degree programmes which any student (usually from relevant diploma courses) can pick up.
Well, we always say 'art is subjective', it is a freedom of expression. The school is really open to anyone (and that is on the account that you have a portfolio or passed the test). Literally, you can have aunties and uncles as your classmates! You also have people doing art because it's fun but in all seriousness do not sign up if that's what you think. I'd like to think of NAFA as a school that guides you in the beginning and later on they just kind of let everyone be independent learners. Anybody can say that NAFA teaches you the foundation but they do not intend to fully teach you long term or up to a professional level. The school is excellent for people who have existing art skills (you've won SYF, art awards, distinction in art before you were even 17 years old) and wish to be a local artist. It is also great for people who are passionate and have some sort of basic skill or are/have developing skills already (that's me!) however this group should avoid Fine Arts. You can also be passionate and start on a blank slate but be prepared to work doubly hard for the grades. The school is not competitive, it depends on talent to stand out.
Do not come if you are doing for the sake of the diploma because the difficulty of NAFA's diploma is no joking matter. Dropping out is common in every course and you do not wish to contribute to that. That is also the whole point of NAFA charging exorbitant school fees so that you don't run away. Many people actually bet their future on NAFA because they couldn't go to poly/uni course of their choice and it ends up being wasted because it's not what they wanted! You may have heard people of saying that the school's standard is trash but the truth is, it's not the school's problem 100% of the time.
For students looking to enter NAFA Foundation Programme, it's still new and dodgy. I strongly advise you guys to take O levels and head to Poly instead if you still wish to pursue further education at local universities. I personally find no point in skipping a year and getting L1R4>25 with an O level cert where you might've passed math seems to be a more lucrative choice to use for entering NAFA. The only benefit you're getting from the programme is a debt $$$.
Entry requirements:
O Level: L1R4 equal or less than 25 points excluding English (can use CCA points)
ITE: Full-time Higher Nitec or Nitec
Other Local/International Admission Requirements
Important note:
NAFA diplomas do not equate with polytechnic diplomas.
NAFA being the oldest art school does not mean that it is the best place to go instead of Laselle.
​
[2] Available Courses
One misconception is that NAFA has double diploma programmes for 3D Design. I'd like to announce that it is false. The school is not capable of teaching 2 types of diploma at a time but rather mash it up. So if you intend to take my course for example Diploma in Design (Landscape and Architecture), it is usually the 1st word that is mainly taught which is 'Landscape'.
​
List of courses:
School of Art and Design
3D Design
Design & media
Fine Art
Fashion Studies
School of Arts Management, Dance and Theatre
Arts Management
Dance
Music
Theatre
​
[3] When and how to apply?
Once you received your results is usually the time applications are open. Local and international students have until March to apply. It varies annually. More here ->How to apply
Method of Application: Online portfolio submission or physical admission test
Neither is better than the other. You method depends on whether you can show what you have within a given deadline.
​
Online Portfolio Submission
Minimum 10 images, various mediums allowed and a short writeup of 100 words.
1.Make the portfolio for the course that you want
To make them pick you directly for the course, make it look like you are built for the course.
2. Have a variety of work
Fine Arts doesn't only consist of drawings, it can also include some sort of sculpture or performance work. Same goes for the other departments. Click here for what each course requires. If you wish to showcase a single type of work because you are unable to show more, it can make your portfolio look okay/bad compared to other people.
3. A passionate statement
Only 100 words. Tbh I wrote what I wished to do after my diploma (plans have since changed and it was an odd statement lol). I don't suggest writing about your contribution to the sch because as long as you're a student you're contributing. Make it short and simple.
​
In case anyone is wondering, my application portfolio was mediocre, showing 11 images consisting of sketches/paintings/photos. If you have a god-tier portfolio because you have that artistic talent, there's a good chance to achieve a 1st-year full-coverage scholarship once you step into NAFA. You can submit whenever you want but my estimated deadline was 2 weeks after applying at the open house which waived my application fees ($70 better treat yourself Haidilao).
​
Admission Test (if someone has taken the test feel free to provide more info)
The test dates are staggered once per month from January-March. Held in groups. Consists of a drawing test and write-up.
I only know that the drawing test isn't difficult. People who took the test do not intend to submit a portfolio as it's quick and efficient. Nothing much to add on.
Important note:
If you are writing a 2nd choice as a safety net please be cautious. I do not recommend as you may get the 2nd choice instead if the slots for your 1st choice becomes full. They will just shift you to the 2nd choice and that's where the 'appeal' part comes.
Choose to submit a portfolio if you can commit to the deadline, it usually gives you an upper hand over admission test applicants because you're showcasing more.
​
[4] Application Timeline (I only know O levels if anyone can kindly tell me I'll update)
O levels:
January
Receive results > submit JAE > apply for NAFA
February
Wait for JAE AND NAFA results > receive JAE results 1st > receive NAFA results 2nd
You’ll receive NAFA results before poly starts unless you apply late. I applied during Jan on the day of the open house and got my results mid-end Feb. March is the last month to receive results.
​
[5] Financial Aid
NAFA Financial Aid
Now, we all know private school isn't cheap and many passionate young souls I've met depend heavily on financial aid like I do. If you're a Singaporean with a tight family income, the bursary is attainable for you. It covers half of the annual school fee. Can only be taken once for each year of study. If you are able to claim the bursary for all your years, you’d pay a total of $7050.
For those who are hoping to start at NAFA but is at a really tight end, you need perfect grades in art and portfolio to be considered a scholarship/merit in your first year. You'll need testimonials and pass the interview. If you ain’t good in art, pass this opportunity however you can work for scholarship/merit during your diploma years. I’d score close to the 4.0 (3.8X) in Year 1 in order to get a scholarship to cover my Year 2 fees.
Other options are the 0% interest study loan by DBS. You can make use of your PSEA which you can also use your sibling account to cover your own sch fees.
Last option but not really one is the student assistantship scheme should you already be a student of NAFA. The pay is peanuts, I would not recommend but it's nice to have a one-liner in your resume that you did some work for the school :).
There are NAFA students with a possibly far worse situation than yours but they are extremely talented and hardworking to end up not paying a single cent. NAFA is really expensive so if you do intend to work to cover the fees, take care of your grades as well. It is not impossible to do so. I chose to not work as I was in a hectic design course and needed to maintain my grade for university.
​
Next, you would need to understand how the system works.

During your study

[1] Useful Acronyms
SOAD: School of Art and Design (Department)
SOAMDT: School of Arts Management, Dance and Theatre
SOM: School of Music
D&M: Design and Media
FA: Fine Arts
3DD: 3D Design
FS: Fashion Studies
FYP: Final Year Project (used in almost every SOAD course lol)
OIP: Overseas Immersion Programme
​
[2] Life at NAFA
So you wish to know how life is like at NAFA? First thing, don't expect the same amount of glitz and glamour that exists in polys. It's much quieter where you won't even hear a mouse die.
Because entry to the school is quite easy, the population regularly consists of graduated ITE students (can’t make it to poly/NAFA is the last golden ticket) alongside many international students. O level cert holders are like a small 10% or less. So if you’re young, prepare to take care of the older lot and expect to carry lazy people.
You have to be very committed to the course and can’t skip class. More than 3 times and they start deducting marks. The workload is heavy and even if it comes in small numbers, it is intense. The number of student to lecturer ratio is not a big difference but later on, consultation times may not suffice. Facilities are sufficient unless you’re in a design course. There are CCAs in the sch but not all courses got time for it. Staying in school late is a common culture. Fine Arts students after class just camp in their respective studios and design students would camp till closing 11 pm at the computer lab waiting for renders to finish. Every student will experience staying late and you can say its #lifeatnafa.
The culture here is not as toxic and dramatic as poly but more towards weird because we’re creative artsy-fartsy people. It’s easy to get along with course mates but there’s a chance for things to get somehow cranky along the way. Could be you or your classmate. Everyone is pretty open and wild. There’s a lack of competitiveness which is both good and bad.
There won't be a course that goes without presentations. That's the point of producing works ain't it, to show it off to the audience. Group work to individual work ratio is about 3:6 so if you worry about bad groupmates, don't worry I've faced them too and it can't be helped ;). Carrying other people during group work is also common. NAFA does stand for lazy people what to do. Your complaints hold no power. (Arguably, many students want the school to make entry to the courses more difficult as there seem to be too many bums to handle)
If you're mentally depressed or anything the school does try to help but no legit support system other than the ECG counsellor (which I find it practically useless). Now, the school deals with this quite often so they don't give a damn about your life. Ownself take care ownself is the usual term.
​
School events anyone can participate:
Open House (1-day Sentosa fun time with other Open House ambassador)
Orientation (has a 1-night camp! Recommend)
NAFA Fun Day
Overseas Immersion Programme (1-3 weeks long, Asian countries. Recommend but need $)
Student Assistantship Programme (1 year-long contract. Peanut pay)
​
The list of programmes here may not seem much but you can add it in your portfolio (except Fun Day). There may be volunteer work available within some courses itself. Do try to be active
And that's about it. Nothing special just expensive and less fun.
​
[3] Understanding NAFA's SOAD Standard
Take a look at what past graduates have produced within their 3 years as a student. Only you can judge whether the school is great or the right fit for your goals (in being able to attain this particular level of skill for XXX course once you graduate for example). The best standard can be found under the best graduate tab.
2020 The Grad Expectations
Graduation Showcase
​
[4] General Curriculum
Academic Calendar
The 1st semester of your study begins at the start of August and usually ends late November or early December depending on the type of assessment received. The 2nd semester begins in January till May. The span of 1 semester is always around 4 months with a 1-week break in between. We don't really have any sort of term 1/2 thing like poly and is much compressed, so breaks are less. However, you do get compensated with a 3-month vacation between years so that's fair.
​
*Applicable to SOAD only
Year 1
1st Semester: Foundation Study (not the same as NAFA Foundation programme for N level)
+ Basic art and design theory
+General Education
2nd Semester: Course Foundation
+ General Education
+ Basic course theory
(+ Electives)
​
Year 2
1st Semester: 2nd Set of Course Foundation
+ Intermediate theory
+ 1st project
+ Basic report/essay writing
(+ Electives)
2nd Semester: Last set of Course Foundation
+ Another set of projects
(+ Electives)
​
Year 3
1st Semester: Internship/School project (wouldn't want to get this)
2nd Semester: Final Year project (practically on your own)
+ Report/Essay writing
+ Research and development
(+ Electives, not recommended to do during this semester)
​
It’s clearly not much different from poly, slightly worse at certain points. Weekly school hours per week will increase each semester e.g year 1 sem 1 is 18hrs a week for classes, next semester you may get an additional 2-4 hrs increase of class time. The longest time I had for class each week was 24hrs, pretty sure the same goes for any SOAD course. Do expect late-night classes. It is inevitable because most lecturers are teaching part-time so do bear with them.
Important note:
For a lighter schedule, do electives early as that's one of the simplest things to do.
The difference in timetable won't affect application to university.
​
[5] Electives
1 common mistake students commit is not reading the student handbook (from studentnet)/contract on the number of credits required for graduation. They end up finishing their electives during Year 3 Semester 2 which is the time one should focus on their FYP. Start doing your electives once you’re in Year 1 Semester 2. Good planning consists of not stuffing your modules until it’s way past 24hrs/week (also known as overloading). You’re required to do cross-disciplinary modules 2-6 credits worth (meaning not related to your course, if you’re from D&M you have to do either FA/3DD/FS) and course-related electives worth 2-6 credits. Days before module registration, plan out the electives you want to do based on your given timetable and then rush to pick on the day of the module registration with no hesitation to secure your placement. You may have to do an elective that is unfamiliar to you.
My sample plan:
Year 1 sem 1: Can’t choose yet
Year 1 sem 2: Photography (Highly recommend, popular as well but must have time and skill + a friend who's free who be your model). 2 credits
Year 1 sem 2 special term (aka holiday): OIP to Hangzhou. China Academy of Arts for 3 weeks. Considered cross-disciplinary to FA. 3 weeks long. 4 credits
Year 2 sem 1: Intro to Rapid prototyping from 3DD (laser cut/3D print) (didn’t really learn how to use the machine as there are technical officers and I messed up at the end but still passed, great elective for embarrassing yourself if you’re a 3DD student who frequents the workshop ;) ). 2 credits
Year 2 sem 2 - onwards: No more electives can focus on FYP
Important note:
Plan well so you accumulate just nice 120 credits for graduation. No point in exceeding the total credits as you have to pay extra for it. If you miss a few credits for graduation, you will be retained for another semester to finish.
Cheat tip: if you go on the OIP to China only, you instantly get cross-disciplinary credits.
​
[6] Using Workshops/Loaning of equipment
​
[7] Internships
Usually done in Year 3 Semester 1, this is one of the key semesters every student should complete for it plays a very important role in your portfolio for finding a job post-graduation. The school has a reputable network, however for courses like Fine Art and illustration the intern positions may be limited because Singapore is not very welcoming for such talents. There are top companies who are willing to hire NAFA students on the basis that they have good grades and a juicy portfolio. So if you want the best, you got to be the best.
​
[8] Overseas Immersion/School Exchange Programmes
Slots for OIP is limited (especially the ones to China), requires an interview. I think the max for some trips were 35-40 people at most. There are subsidies available and coverage varies.
​
Places NAFA has flown to:
*Xiamen (3 weeks)
*Hangzhou, China Academy of Arts (3 weeks)
*Beijing, Beijing Technology University (3 weeks)
Bangkok (1 week?)
Korea (might've stopped)
Japan (might've stopped)
​
*Special programme during Year 1 Semester 2 vacation only
I forgot the cost but I've personally have flown to Hangzhou. Best experience ever despite getting a C. Crazy stuff happened at one of the finest Arts school in China :)
Important note:
If you miss the chance to fly, fret not, NAFA's degree programme is a collaboration with a foreign university and they will open an exchange programme for 1 month (that is if COVID doesn't persist). Not sure about the cost though.
​
[9] CCA (The price list is not updated as of 2020)
List of currently available CCAs:
  1. Muay Thai ( $63 10 sessions)
  2. Yoga (basic: $50 12 sessions, intermediate: $42 10 sessions)
  3. Entrepreneurship club
  4. Urban runners club
  5. Volunteer club
Short story: Long ago, I actually joined the photography club only to end up leaving before they even started anything because everybody was too busy to meet up and thus disbanded.
During my time, Muay Thai is the most popular followed by Yoga. Do check out NAFA OSC account on IG to find out what they do. Looks like they added Korean language class too hmm
​

Post-Diploma

[1] Furthering Studies at NAFA
NAFA Degree courses for Arts Management and Music
Update (thanks to the comment below): NAFA is going to change its programmes and collaboration starting from AY2021/2022. The new degree courses are collaborating with UAL (University of Arts, London) and it’s changing from one year course to two-year course which includes 5-7 weeks of going to the colleges in London. All the courses are affected except for Arts Management and Music.
Students with A Level certificates, as well as those without relevant diplomas will be allowed to enrol into NAFA’s degree programmes.
The stuff I wrote may not apply anymore but I will still leave it here as a reference for NAFA's 1-year degree. The degree website is empty for now.
​
How do you determine if taking NAFA degree is worth it and why should you take or not take the NAFA degree? There’s always a mixed bag of opinions over the degree. Personally, I’m not a fan of it but I won’t be biased and input the pros and cons that can better aid in one’s decision.
​
PROS
1.Existing CGPA from diploma is Low
Finding a job with the private diploma cert and low grades can affect your career progression. Make up for the mistakes that were done during the diploma study and try to do well for the degree.
2. High CGPA, expecting a scholarship (or free ride) for the degree course
If you easily meet these 3 criteria (1) Singapore's local unis are too expensive for your taste, (2) you might be older than 21 years old and need to work ASAP, (3) "broke" but did quite well during your diploma and has an excellent portfolio to show, taking the degree might not be such a bad option. In some instances, the 1-year degree + years of work experience can allow one to take up a master degree at local uni if the pre-requisites are met.
3. Changing career path (still art-related)
It's possible to change paths from design to fine arts. However, for a degree that lasts only for 1 year, it is impossible to acquire a decent knowledge at a degree level compared to the diploma stage in my opinion. Usually, the people who apply for the design degree e.g Spatial Design, have prior knowledge from the related course of study either from NAFA or other polys. 1 year is not enough but never said that it’s impossible and has been done over the years.
4. Increase in starting salary
Nobody says this when asked why they want to take the degree but I'm sure they want an increase in starting salary. If you have a fear of starting out with low pay and want to bump it up by sacrificing a short amount of time and money, go for it.
​
CONS
1.Not a legit degree
This isn’t a biased answer but an honest one. NAFA's degree is not a professional degree. 1-year won't be enough to acquire a lot of knowledge. There are no internships and full training of Softwares/techniques whatsoever. It's basically aimed at NAFA/poly students who have an existing skillset and internship experience during their diploma studies or international students with similar qualifications. I'm not discouraging anyone who wishes to take the degree because some companies do take in students and if they're lucky, they can work for them after graduation.
2. Not 100% applicable for postgraduate studies in Singapore
The local universities may not kindly cater to all NAFA degrees. A number of students after getting a NAFA degree would choose to study overseas to pursue a masters. If getting NAFA's degree is a mean of broadening your studying experience by going overseas, why not? One real-life example that I've heard of works is landscape and architecture diploma + Spatial Design degree + 3 years of work experience at a good company + an excellent portfolio which eventually led this person to enter NUS Masters in Landscape Architecture. Spatial Design has a chance for relevant postgraduate courses although this may not be the same for the other NAFA degrees.
3. Not worth if you are a Singaporean
The cost of NAFA's degree is considered affordable for an international student and it was practically built for them. If a Singaporean were to study at local uni for 3/4 years including subsidies + tuition grant for a design degree, it'd still be cheaper than a NAFA degree. Plus an actual degree from the public unis is still considered much valuable.
​
If you stand for better higher educational standards after staying there for 3 years, I say work hard and flee.
​
[2] Furthering studies at a local university
It’s not impossible. It was already allowed a million years ago. It just a matter of effort you put during your diploma years. The current standard at NAFA has dwindled where only less than 10 NAFA grads emerge victoriously so don't be surprised knowing that NAFA barely has high flyers, the school doesn't even push for it. Even my juniors don't know my degree existed 1 year ago...
2 things to note:
  1. NAFA diploma is not allowed entry into many courses that are irrelevant from the diploma unless the GPA is high. The usual entry requirements are GPA 3.5-4.0 also dependent on the 10th percentile, juicy portfolio and testimonial (I didn't need it FYI)
  2. Chances are higher for relevant degrees although any degree will definitely have entry requirements to meet. Some degrees require O level pass in elementary/additional math (they say they don't check anymore after 2019 but I don't want to play out my chances). I know of students who were optimistic about their GPA but they did not read the instructions beforehand.
You will be fighting with the best from poly, JC and beyond. Do your best to represent yourself as a student from NAFA and you'll find a way to stand out from the crowd.
A warning note to future/existing international NAFA students: I know most of y’all only started living in Singapore just before the beginning of the diploma. I don’t know whether your international qualifications can equate with O levels so consider your future plans in Singapore carefully. My dear international classmates weren’t called up for uni interview (GPA already wasn’t helping, no offence) and the super stringent admission criteria crippled their hopes. Many have remained in NAFA to do the 1-year degree or have returned to their home country. I cannot answer for employment rates. If neither one is the option you want to end up with, do take note.
​
[3] Finding Work
COVID really struck a lot of people hard. I can count the number of my coursemate who is employed with my 10 fingers or less. The full-time employment rate is terrible, believe it or not. The school hides it like the fine print in the student contract. Here in the Graduate Employment Survey, you can see the ending choices of NAFA graduates.
I really can't tell the success rate of one finding a job even based on IG stories itself. I see quite a number of freelancer or people doing other things. Who will remain in the same industry? The top 10% in the cohort but even the best have struggled or are still struggling to find a job. NAFA students are not only fighting among themselves, there are poly students with similarly named courses out there too with a proper educational lineup that a NAFA diploma can't compare with.
A portfolio is usually the passport for finding work and the past 3 years of study is meant to fill it up. Don't waste time being a stubborn student especially when you will be spending a lot of money to study. The best way to make yourself look hire-able is to definitely have good grades and a portfolio. Can't emphasise anything else other than that to convince the company to hire you.
​

Wrapping it up

NAFA is one of the schools that provides a unique and alternative route away from the usual poly lifestyle. I had some crazy times in there be it social life or workload. It isn't a bad school (I quote 5/10) but if you can work for what you love, you'll do just fine.
The Open House is open and I suggest for those interested to take a look. A whole bunch of admission guides are up for talks.
NAFA Virtual Open House
If you guys have any questions, comment down below so others can read or if you're shy, drop me a DM but I may be busy to reply. Thanks for dropping by!
submitted by Ackeryl to SGExams [link] [comments]

can foreigners come to singapore now video

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can foreigners come to singapore now

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