RE:The real range is $.80 to $5.60. It's at $2.73 after Its the Shorters - duh. Layoffs were 2 years ago and necessary to match employees to needs. Figure it out, if fewer planes are built you need fewer workers... get it? It is a positive thing. Ever notice that share price goes up on companies that have lay-offs? Sale of assets, so you think owning a huge chunk of empty land and paying property taxes on it is an asset? It is non performing. and payment of taxes is an expense that is now eliminated. Plus the cash from the sales. Should have been done before. How you figure "increased dilution" is beyond me. Cash vrs. a thing listed as having less value which requires taxes to be paid. As for the debt reduction, yes the latest borrowing did go towards paying other loans. But for only a very slight more. With a very nice long term maturity date. Of course it would be better to pay it off, HOWEVER, this allows Bombardier to comfortably accumulate cash to pay OFF a different yet other high interest rate debt. It is creating stability and certainly NOT the "opposite"
For this year, we just finished the slowest quarter right now with only one Global 7500 delivered. To base the entire year on the slowest quarter is not very bright. So while you have a dim view of the future, you may want to have a good head shake there.
Shorters still have a grip on Bombardier, but soon that will change. We are 2/3 through the fixing of the entire corp. and just now starting to see the results.
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