RE:RE:RE:RE:RE:Please Readbbd....it has nothing to do with Pierre Lebel ....it has to do with the following facts .
A) right from the beginning when i have deceide to invest in Bomber in December 2015 it was because i knew it was a risky business close to bankrupcy with the disaster years of Pierre Beaudoin but i did beleive in Bellemare with his past roadmap and i bought a 5 years bussiness plan
B) i knew also that in any bussiness plan surprises arrive and happen it is more the norm then the contrary and i did beleive in the experience , formation and abilities of Bellemare and i have put my money on him and the plan
C) first 3 years went around that plan and i have applaud when they deceide to get out of the CS series and realize that they were not equipp to fight against those 2 giants . The same logic to get out of their old commercial airline division .Same with selling the other non profitable assets .
D) the discovery of the train legacy problems make me taugh that hey we will loose a year BUT the plan is working and it is a normal bad surprise it will be resolve and we will need one more year .
E) when i start to doubt was when not only once but 3 times they have revise their predictions and did not made them .
F) I realize -and i am not alone -that they have lost their credibility after those 3 times in a row and now they are on hold and have left the buy quotation issue by a lot of analysts . They have lost a lot of cash , they are facing huge debts soon . After BA and Bt they will have no more assets for sale .
G) The stock price today is lower then ever , back to 2016 low and it will take a lot of more time to get up again -lets say over $ 3 -.They do not have much time left and no more margin of error .Bellemare so far and almost at the end of that 5 years plan has not done the job ...can he do it in the next 12 months ? i doubt and think that this stock will stay low for another year or so .
H) bbd i read your posts and i think you are an over optimist . You keep over evaluating the assets left and the positive ending of all that . I dont think like that , you are of course the full right of your own opinion . And again my position has nothing to do with Pierre Lebel but is base on the facts that Bellemare has not done the job and we have arrive at the end of that road . He has one last chance to save a part of the deal but that is the last chance . The next few months will be decisive if he still can save something in that company and we will see what and how but we are at the end of the road . SD