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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF | BDRAF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Comment by DBNORTHon May 15, 2019 6:44pm
102 Views
Post# 29750695

RE:Wouldn't be surprised

RE:Wouldn't be surprisedSooner or later we begin to question the leadership again.  The last time, in 2015, I saw Al Mulally filling the shoes (dream on).  He had just left Ford and was invited into Google's boardroom as I recall.  I took the bet with Bellemare and things went great until the airshow last summer.  My gut told me to get out at about 5.24 (late days airshow) but I waited and the show was over and zip.  When we got the pop in early August I started with the stops.  Stopped out at 5.12, 4.70, 4.14 and so on.  Haven't been successful playing the dips.  When I heard the warning on BNN the Thursday before the Q1 results, I put in a market order for most of my remaining shares.  Sold at 2.40.  At the time of each sale there was doubt and pain but I have learned that when this beast gets down on itself, it is best to get out early.  I have gone from 250K to 2K today.  I have cash and a bunch of oil stocks that are really cheap.  I'd rather bet on oil getting to market than "legacy" issues that may take years to solve and the 7500 that cannot carry the burden and whose sales will crash when the downturn finally comes. If we take the dip in the next few days, I will likely buy.  I agree that we are more likely to flush this current hate out with a big dip than get good news and go up.  I was disappointed in Bellemare when he sold those shares and can't believe he couldn't see the problems on the horizon.  I wonder if he knew he was being screwed over by Airbus when he signed the C Series over or it became obvious when there were no sales in the works.  If they sell planes at Paris (C Series), don't forget to get out early.  Tuesday at the latest, and of course, before the show last summer.  The Bomber will never be around to realize the profits of the C Series as they come late in the plane's cycle but that doesn't matter during the hype of an airshow.  Although, I doubt the 737 was losing money like the C Series 6 or 8 years after it first saw service.  I doubt they will have the money for the 8000 but we won't find out about that until everyone else knows.  That's the big problem.  You never know what is going on and management does say much and when they do speak up, it is usually bull.  This tale does not have a happy ending - I cannot say that I have made money on this stock but perhaps I'll come out on top when I buy a few days after it announces it can't sell Belfast, only the patents, because nobody wants the headaches - or something equally ugly - this is Bombardier!
Bullboard Posts