RE:RE:RE:TD: Very Positive I think companies have some market "moral" responsibility to adjust their forward guidance if it is significantly different than what was provided in the previous quarter. This works both ways...if the guidance is now obviously worse than stated, or in the case of Bombardier, signifcantly better than expected.
I don't know if this is actually a rule per-se, in the same way that companies aren't actually obliged to provide any guidance at all...although most do. Not providing guidance is usually only done in really bad times, with the company essentially saying "we don't know what the Hell is going on", therefore no guidance given.
lb1temporary wrote: I agre with you, with this disclosure we miss one step; the anticipation. I have mixed sentiments; happy by the results but disappointed by the shortcut taken that prevents the usual price increases by steps from taking place.
My question is why now?
All this is driven by the new debt. They have to disclose the results to the new debt investors, so, according to the rules, they have to disclose to the market.
Did they act in a hurry?
Do they think that a positive window for the debt will be closed in few weeks ?
The strong Q4 booking and the sooner deliveries in january remove all fear of ahead problems related to Bombardier. Is there a fear of macro factors ?