Post by
Nordico on Dec 05, 2023 4:03pm
Bay Street is too stupid to value this company properly
Currently trading at around 6.5x trailing adjusted net income, with the company's financials improving every quarter. This stock should be trading >13x trailing earnings for $90+ CAD if it were valued at historically reasonable valuation multiples (including EV/EBITDA which would put it around $120).
The company's buyback program is a joke (only getting permission to buy 600k shares for the year, and even then not buying them all when the SP trades in the 30s/40s?) and allows the shareprice to get abused. Textron in the US is trading at just 5.5% off its all-time high, while buying back hundreds of millions in stock every quarter; meanwhile we're lucky if Bomber can scrounge together a few million to do buybacks at insanely low SP (note that I'm not asking for a lot; even $50M CAD for the year would make shorts/sellers think twice about selling at such low prices). If the Street is stupid enough to trade your company stock at absurdly low prices, you should be self-privatizing as much as possible.
Comment by
glory7 on Dec 05, 2023 4:32pm
Are you simple or plain stupid, (don't answer) I know.
Comment by
Nordico on Dec 05, 2023 4:46pm
Glory you are the human personification of Gastroenteritis. Get a life.
Comment by
glory7 on Dec 05, 2023 4:50pm
At my condo in Naples, don't check in much, what kind of life should I be looking for? BBD 24/8. ?
Comment by
Nordico on Dec 05, 2023 4:57pm
You and BePatient always need to tell the board about the 'champagne' and in your case 'condo in Naples' to try to prove that you have more going on than trolling internet message boards like a weirdo; it's really something. You've been coming here for what, a decade now(?) to bash the company and investors. Like I said, get a life.
Comment by
glory7 on Dec 05, 2023 5:07pm
I have stocks that make money not like you pumping for years 24/7 on 1 losing stock worth 2 bucks. How many people you think are going to buy these billion dollar income jets? And for how long? Oh the debt first? Dreamers. Same crew daily and if you're not pumping your a target by the clowns, cracks me up lol.
Comment by
glory7 on Dec 05, 2023 6:04pm
I try to figure why your here Patof 24/7 but your still trying to make a buck so you could have a life?, that's it wouldn't want to be your dog.
Comment by
clubhouse19 on Dec 06, 2023 10:01am
Looks like you got your nose up against the toy store window again. You always make your comments ill timed making yourself look like an habitual fool.
Comment by
clubhouse19 on Dec 05, 2023 5:14pm
This is way too funny...and a thumbs up to boot...that he is getting from his only backer that surely is suffering from sun stroke as he is. ..Shouild put a roof on that cardboard box on the beach or move to under the nearest bridge in Naples. But hey...he's got all his money in LEV and see how that is doing way too funny !
Comment by
glory7 on Dec 05, 2023 5:17pm
That's the chart but where did you BUY ? Dummy
Comment by
flyman12 on Dec 05, 2023 4:46pm
Yearly sales and company debt are roughly the same. What can you expect.
Comment by
Nordico on Dec 05, 2023 4:53pm
Yeah, key word sales. Profitibility is currently running at around $700M CAD, and Bomber will continue to pay down that debt.
Comment by
stock4life48 on Dec 05, 2023 5:24pm
Debt is expected to be down to respectable investment grade in 12-18 months