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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | BDRXF | BDRAF | T.BBD.B | BDRBF | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BOMBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by BBDB859on Jan 20, 2023 3:11pm
220 Views
Post# 35236281

RE:RE:RE:Moody's acknowledgement of improving fundamentals

RE:RE:RE:Moody's acknowledgement of improving fundamentalsTechnically they (Tutes) can get to the buying stage earlier. Once we reach the BBB range or 3X range? Then it's game on for them. I think it could start as early as mid 2024. That's when the writing will be on the wall for them. I know we'll get that forward split for sure, given the number of shares outstanding. So really it's inevitable. Everything will come to a head when when Pearson opens up in early 2024. The rate of  the production pace, of Pearson will dictate the rush into the Stock. Remember the savings from Pearson will increase margins through the roof too. So we get quantity combined with production savings.


flamingogold wrote: Once the debt rating hits A and higher, the big funds can start buying. With only 86 million shares, the increased demand is going to force the share price higher. This is where possibly BBD can do a forward split as you previously mentioned. I am looking forward to that day moreso than a dividend. Then a dividend resumption.

This would complete the turnaround. We are not there yet, but getting closer.

BBDB859 wrote: We're definately going to get an upgrade from Moody's in Q1/23 the latest. Because we'll be better than 6X( Debt to EBIDA) of today. We should probably get to 5.2X in Q1/23 when the dust settles on the Note payments, by the end of Q1/23. The tide is turning guys. This is probably the turning point to propel the company past it's Debt woes. Enjoy the runs. Thanks for this post Flamingo. 



flamingogold wrote: Not sure if posted, here is Moody's official statement and rating on BBD's lates 2029 notes

"Bombardier continues to demonstrate improvement in its operations, with the company having generated positive free cash flow in each quarter since June 2021. Revenue visibility has improved and book to bill was 1.4x in 2022.   Additionally, Bombardier continues to repay debt, repaying $1.1 billion in 2022."

https://www.moodys.com/research/Moodys-assigns-B3-rating-to-Bombardiers-new-senior-unsecured-notes--PR_472300






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