RE:RE:RE:Entreprise familiale To expand on what I posted earlier,
why would you run a company with way too much debt where most of the cashflow goes to paying interest and essentially not have the option to a) invest more in the future or b) pay dividends or c) buyback shares or d) acquire companies or e) buy back preferred shares whose dividends are not tax deductible; and where you can't afford a major recession or industry downturn or a big drop in backlog; when you can replace that debt with equity AND the share price would rise (and if the share price dropped, you would buy back the shares at a price lower than you issued them for) Nobody.
They've simply not been proactive enough to reduce the debt - the recent debt refinancing totally sent the wrong signal. Moreover, it makes Martel look like the COO, not the CEO as he's either unable to do anything about it or oblivious to Bombardier's most pressing issue.
Meanwhile we are being entertained with daily delivery reports...
Anyway, I'm not selling but I'm not holding much hope of the stock getting to $100 any time soon either. I hope that I'm completely wrong and will be more than happy ($$$) to admit it. #Fanfan est toujours le gagnant