RE:RE:RE:RE:My take on upcoming Q results If 10 years ago they stopped PB from going ahead with the CSeries against the duopoly, this size of debt wouldn't have happened Period? But it is what it is. Now we gotta survive with what he's given to us.
PabloLafortune wrote: Obviously timing is everything and now at 1 US dollar it would be a tough pill to swallow. One thing I'm sure of: the debt and the interst thereon is the problem - just not profitable enough to quickly overcome this. If 10 years ago they had said no more debt and had either raised equity or started selling divisions to pay down the debt and fund their new ventures, Bombardier would be a totally different story.
clubhouse19 wrote: I would not be againsts that an equity offering be made after the RS if that money is used to reduce the debt as it could be conceivable that the institutions may very well go along with that .
It would not change fundamentally the book value of the company but may very well put the company in a better light.\
Raising funds with the present share value and float would leave IMO most institutions queezy about getting involved.
Just my thinking..
Of course may put a damper on the chronic shorting presently occuring.
PabloLafortune wrote: Fundamental problem the last 10 years is the annual interest cost. While its counterintuitive, raising equity would cause the share price to rise.