RE:RE:RE:RE:RE:RE:RE:SPCome on man, I'm well aware of the difference in the two companies' balance sheets. I'm advocating for Bomber to do a mere fraction of the percent of net income's worth of buybacks that Textron does, while Bomber trades at a ridiculously low valuation in comparison. Last I checked Bomber was trading at less than half the EV/EBITDA multiple (which takes debt into account) than Textron.
clubhouse19 wrote: Are you saying that textron is in the same relatively same boat as BBD all thing equal apart from the fact that shorting rules in the USA is markedly different than here where counterfeiting of shares is permitted.
textron has a long term debt of 3.5 billion which was lowered by 10% from the year before and with net profit of 921 million.
Check the ratio between assets to liabilities for eah and see why they can't afford to do buy backs for the same reason as textron.