Bombardier situation not looking goodI have been optimistic about Bombardier for quite some time but at the moment things don't look good. I sincerely hope that things will get better but there are quite a few obstacles that are now pressing Bombardier down. Coming up from the present situation is not easy. I see optimism in this forum but there are zero facts supporting this.
Putting all negative things together:
1. Delivery of planes 2017
10 CS300 and 3 CS100 so far this year. BB made a commitment to deliver 30-35 planes this year but it is quite clear that they are very far from meeting this goal.
2. No new orders for CS series
3. Merger with Alstom / Siemens not happening
4. Boeing dispute
This is my own dd where I dont see much positive things coming in the near future. If the next quarter results are not good, I believe that the stock price will go down quite a bit. I personally wont increase my position now, bottom is still to be seen in the coming months. Other more pessimisting and quite strong instructor in me tells to sell my whole position now and check back later.