Bomber's 1 year futureOK fellow investors...
This price drop has created a lot of chat about the Bomber. Both here and wider investing world. Perosnally, I have been in since 2016. Have over 10k shares at $1.40 odd. This is a big investment for me.
I bought in to see out the 5 year plan, looking to cash out end of 2020 with $7-$10 a share
Do do that, I see Bomber needing to do several things
Lower debt significantly, which they are working on. Layoffs and getting rid of non-profit making, non-core assets help this.
Globals - must get them up and in the air at a good click. Big profits
A220's. This is a change since i invested, and no longer in Bomber's hands. But if Airbus sell these thigs at a profit, and en masse, Bomber will post some good $$ quarters
BT - Bomber is doing well here. must get closer to 10% profit from these contracts tho
I think they can do it. Was hurting with the drop last week, but still believe in team at this point.
What's your take on the next two years?