RE:RE:RE:RE:The possible reverse splitThe family control has avoided Bombardier being ripped apart and sold in peices. But that's exactly what the family did to survive. There is only one business left. Maybe with consolidation the family will give control but have significant say due to their holdings. This might be one of the reasons for consolidation. They didn't consolidate earlier when Bombardier was delisted to prop the sp.
bicente wrote: how about the thought that the long range plan is to remove the family's control of the company because of their "A" shares( and their voting rights) , they could calculate a way to still control the company but with # of shares instead of the way it is now ...2 of the parts of this company's drawabacks in the past were # of shares and family control ( some members are not liked by the market) , and this would be a good way for the family to get the most money for their voting shares... This could muster more interest in the shares since later down the road if a family mermber wanted out , the market could possibly buy those shares and control more of the company .. I'm thinking the dreamers of the family might be in the process of being shown the door quietly with the most amount of money to get out ... It's obvious that the family has a better view on the profitability of the business and the direction it should take going forward , no more unattainable projects or govt money for jobs fiascos... could you imagine the joy for shareholders being able to vote a certain someone off the board??? .. .. lol..GLTA
Truthifest wrote:
I've warmed up to it. Often a r/s is a sign of trouble, as in trying to maintain a listing for a company going downhill. Bomber is going uphill, they just have too many shares leftover from their days as a failed conglomerate. Sounds like they have their pulse on what the tutes want, so, give it to them now instead of organically much later, then hit 'em hard with the successful turn around story to get a lot more of em to buy in. It's time.
Acuras1 wrote:
Many were surprised by the RS anouncement. My first thought was: why now?
Looking at recent institutional ownership sitting in the low teens (12.2%) it is easy to conclude some still see a lot of risks ahead. However, if the next few quarters continue at the pace we've seen along with continued orders, I believe investor interest will continue to rise along with price.
In the near to medium term, I suggest that raising institutional ownership is a required element to raise share price. Right now the pros are just playing ping pong with the shares while shaving nickels and dimes off their little trades. Watching this I'm slowly starting to warm up to the idea of a RS to make the share price more palatable / attractive to the institutional side.
Management is required to deliver some solid numbers and show they can grow the business even further over the next 2 - 3 years. Growing profits is the recipe to keep the shorts away!
GLTA