Post by
Whitewood2 on Apr 27, 2022 9:44am
Question pour les experts
Dans le litige entre Alstrom et BBD, a propos des quelques 400M$, ces 400M apparaisse t il comme recevable dans le bilan de BBD? la diffrence est tres importante
WW2
Comment by
lb1temporary on Apr 27, 2022 10:37am
It is off the balance sheet. It's a contingency.
Comment by
Whitewood2 on Apr 27, 2022 10:50am
Very good news, Thank you
Comment by
PabloLafortune on Apr 27, 2022 3:04pm
I can imagine the caricature already - the director of alstom IR in a frenzy over the stock being down 50%, a mob of angry shareholders at reception and the reflecting Alstom CEO relaxed Thinking eureka - Blame bombardier!. LOL. that’s why the spin is that it’s going to take a long time, it’ll be water under the railroad bridge by then.
Comment by
Whitewood2 on Apr 28, 2022 1:04pm
Thanks Bull, This is exactly how I see this. Worst case BBD gets nothing from these 400M Best case they get the full amount whithold.
Comment by
bago on Apr 28, 2022 1:16pm
What exactly is Bombardier fighting then? Why would this weigh on shares as TD states? What was Alstom's filing for? If the bomber feels it is owed the money why haven't they taken legal action? What bigger issues in your opinion is pressuring the share price?