RE:What's happening?Hey lb1 where did you go to school? The market value MV bears little relation with the enterprise value! The enterprise value EV is the price you would pay to buy the co. EV = +/- MV + debt - cash . The MV is mainly a reflexion of the past co performance, its ability to generate FCF, its rating based on ability to meet forecasts, pay debt obligation...etc...All criteria where BBD kept deceiving during the past 10 years. What we see now is just the realisation that BA will avoid bankruptcy! ( which was priced in,) Watch the analysts starting to come up to more realistic estimates to avoid looking foolish! But make no mistakes. Its only after Q3 and Q4 2021 that we will be in a position to put a real value on the new BBD. Which will depends a lot on the EBIDA. GLTA.
lb1temporary wrote: At 0,61 $ the market value of Bombardier is 1,42B$. A joke if you believe that the company could perform and survive.
There's no need for profit, only surviving.
We know in this board that they deliver more than 115 planes in 2020, more than the management targets.
Bombardier is one of the only 2 large business jet makers. Its plane portfolio is nice.The value of the niche itself is far bigger than 1,42B$. So, they can sold it.
The target is not 65 cents or 70 cents its 1$ or more (market value of 2,4B$).