Bombardier Inc. T.BBD.A

RE:RE:RE:RE:RE:Will the family do the right thing?

[Bullvsbear99]

CDPQ will not allow the acquisition to fail. With Alstom they get a bigger balls to squeeze. Alstom is just talking smack. Bombardier will meet their obligations for deal to close. Thats why Bombardier spent over $300 million to clean up rail. They have more than 9 months to address the issues.

bbdaerospacecnd wrote: Agree. CDPQ is the elephant in the room that has be adressed. They stand to gain another US $1 bln upon the closing of Alstom deal according to WSJ (to the tune of $2.5 bln total return of 70% on bbd investment) and , imo, would push bbd to accept the Alstom low ball terms . Shareholders got negative 75% . 
Very shortsighted on CDPQ part. If it would not be for their greed and chokehold squeeze of bbd, they could have be a major positive force to get bbd over the hump and be profitable.

BBD got loan guarantees in Germany, it should help
https://www.mdr.de/sachsen/bautzen/bautzen-hoyerswerda-kamenz/buergschaft-summe-bombardier-100~amp.html

SECURITY PAPERS (11 from 11 hits)

Name	Security type	Code number	ISIN	Last	Turnover	Change in %
7,45% Bombardier Inc. (2034)	Bonds	A0BA4F	USC10602AJ68	70.710	0.000	0.000
7,5% Bombardier Inc. (2025)	Bonds	A1ZX3L	USC10602BA41	74.160	0.000	-2.344
5,75% Bombardier Inc. (2022)	Bonds	A1G17D	USC10602AR84	89.195	0.000	-1.103
6,125% Bombardier Inc. (2023)	Bonds	A1HE05	USC10602AW79	84.090	0.000	-0.703
6% Bombardier Inc. (2022)	Bonds	A1ZFW8	USC10602AY36	84.400	0.000	-2.054
7,875% Bombardier Inc. (2027)	Bonds	A2RYWN	USC10602BG11	75.490	0.000	-0.606
7,5% Bombardier Inc. (2024)	Bonds	A19SWH	USC10602BF38	77.000	0.000	+0.013
8,75% Bombardier Inc. (2021)	Bonds	A189JS	USC10602BB24	92.770	0.000	-3.324
8,75% Bombardier Inc. (2021)	Bonds	A189JT	US097751BP56	94.000	0.000	-2.591
6,125% Bombardier Inc. (2021)	Bonds	A1A21H	XS0552915943	97.100	0.000	+0.103

 

pablo87 wrote: What I'm afraid of is if Alstom cancels the deal or formally asks for a better price, all heck will break lose. They should get ahead of that curve IMO (and maybe they have...).

bbdaerospacecnd wrote:

Alstom sp is near record highs and BBd is near 35 year lows
alstom market cap : Eur $ 10.985 bln
bbd market cap: Eur $0.637 bln for both BT and BA (so it's appr Eur $0.320 bln for just BT)

and both rail companies have similar revenues . 

The family should give up control in BT and partner with somebody . China would pay huge premiums for just one BBd subsidiary  to get a foothold in Europe . BBd has operations in 60 countries , they could get value by streamlining 
 

bbdaerospacecnd wrote:

 

Imo, the family could separate BT as a separate enterprise through partnerships. If the family gives up the control for BT then the interested parties (Hitachi, Siemens, China) could step in . Maybe BT could sell just individual subsidiaries in some countries to streamline their rail operations and focus on profitable zefiro platform for high speed trains  and monorails.

BA would be untangled and become profitable. That would unlock the value for the shareholders.

the sp is controlled within 0.005 range by big players and I would not be surprised if Alstom is trying to squeeze BBd into acceptance of low ball offer

https://cincodias.elpais.com/cincodias/2020/08/11/opinion/1597140889_600625.html
 

flamingogold wrote: Remove Pierre Beaudoin as Chairman and from any executive decisions going forward. This would double the stock instantly.