Bombardier's success is an evolving story & so far so good..It has been a challenge to refer to owning Bombardier an "investment" over the last 10 or so years.
Rated speculative by every firm out there, and many were looking for zero value of the common shares.
No wonder it got trown out with the bath water over the shake down with the C-Series considerable disappointment. After the 2018 flop I simply considered my pre-RS shares as call options (by the way too many) on the company's survival. Out of favor doesn't even begin to tell how bad the story got! Well some of you here do I'm sure:) I just never thought the company would disappear.
But what's forgotten is the simple fact these guys have been very sucessfully delivering airplanes for nearly 4 decades and by the way world class airplanes, with an envious safety record and industry reputation.
Bombardier's ongoing turnaround's story remains barely on most people's radar. These people may or may not buy shares on their own accounts any time soon but you can bet their mutual fund / money managers will. Looks to me like the institutional side is beginning to get on board. Recent share price strenght suggest more and more are beginning to discover the new Bombardier.
Can't wait for year end numbers, GLTA