RE:RE:RE:Martel's integrity on the lineYou're right. Investors are probably not cutting them any slack regardless of mitigating circumstances because of all the broken promises - I don't think I'll ever forget the $25B sales figure bandied about by Bellemare a few years back.
Lets also not forget tax loss season - Bombardier is probably near the very top of that list.
flamingogold wrote: Possible but the market will punish the stock further for another failure to deliver on a promise. That's how it will be seen. Just another excuse in a long line of ones.
pablo87 wrote: Don't you think the elephant in the room is still COVID19?
I read some US analysts on General Dynamics (Gulfstream, BA's main competitor, is owned by them) and Textron and they weren't bullish on order outlook - 3 slight downgrades IIRC about 2 weeks ago - another thing I read FWIW is the long range business jet market is sagging due to travel restrictions.
If there is less bookings (sales) means less deposits so negative impact on cash, and which could also force them to dial down the cadence in 2021 which in turn would mean less EBIT.
flamingogold wrote: Closing the Spirit deal this month will tell us whether we can trust Martel's word or not. Either he breaks away from the 5 years of lies Bellemare spewed or he joins the line behind him. The market right now is sending a clear message they don't believe any change is to come.