Bombardier Inc. T.BBD.A

share consolidation

[sergio2go]

Very bad idea IMHO. Stock that usually adopt that kind of strategy have a tendency to decline sharply.

[HopefulJuan]

Share price will be $45 post consolidation at the price today. Lots of room for shorters to take it back down if they dare. Properly valued looking at $150.

[johnney]

They should if donne this when it hit $2 last year! A 5 Bombardier for 1, instead having 2.4 Billion shares out!

[Luckyeleven]

They said anywhere form 10 to 30 to 1 or not. Honely their reasoning is weak as there is all kinds of liquitdity right now as far as trading goes so just don't see the point. Maybe it may remove some restrictions for institutional investors. I'm sure i wil be long gone before any of this may happen. On the bright side Canadian energy shares just flying today. Had a great day in energy

[johnney]

It is a paint dry, and will remain here for a good while!! Crippled company!

[johnney]

I hope they will do it!

[stockitnow]

It makes sense to consolidate. GE did the same last year after selling of some of their business unit. GE had said it didnt make sense to have so many outstanding shared for a smaller GE. Same logic applies to Bombardier. Bombardier is less than half the size now after selling rail and commercial aeropsace division yet have same number of shares before those units were sold. Upside is that

[MyNameIsNobody]

Comparing it with GE is really good. Situation is quit similar. The sp wil certainly fluctuate when the consolidation happens, I believe it will happen, but management will be able to choose the right/best time for it.  It's also a signal the the market that they are serious in going through all the steps to put the business on strong footing.

[johnney]

Yes management will call all of us on this Board, to say which day and month they will do it!! By then we just will ask ourselves, when they will do it! They won't give a F.... about you or me, and all on this Board!!

[satchmo6]

doesnt bother me ..of 10 for 1

[johnney]

Will be much harder shorting the stock with very fewer shares outstanding! The reason why this BS. Shares trade like this, is their 2.4Billions shares out there, and they know it!!

[ITSUP2ME]

I don't know about that...Ask any long shareholder of Precision drilling...GLTAL