Bombardier Inc. T.BBD.A

Hitachi /Bombardier near i bil us contract

[clubhouse19]

https://www.bombardier.com/en/media/newsList/details.bt-20200810_hitachi-and-bombardier-awarded-contract-to-supply-23.bombardiercom.html

[Shamhorish]

good news so, this is another  (approx)$400 mil for BT, great, we do not hear media saying that Alstom may increase bidding price for bbd since BT has added so many contracts to its backlog no, we only hear Alstom may renegotiate price because of late bt loses,  those media guys will all go to hell

[pierrelebel]

Shamorish wrote "we do not hear media saying that Alstom may increase bidding price for bbd since BT has added so many contracts to its backlog" According to the financials reported by Bombardier last week (page 6) the backlog at BT  is down by more than US$2 billion from December 31 2019 to June 30, 2020 ($35.8 to $33.7 billion) LINK to Bombardier Financials

[raphaelle2]

Obsolete info. 11 August Today! Are you clueless or just looking for attention. Probably a bit of both... .

[bicente]

he is ridiculously bent on bashing the bomber ...I think he believes that a balance sheet is good until the company releases another one ..it's no wonder he lost his shirt investing ... GLTA  

[clubhouse19]

Clueless and just a waste of SKIN that only a mother can love . LOL Was the baglog down because they completed some contracts that have gone into receivables ?? Book to fill ratio is 1.1   Meaning they were able to refill with new orders  This new order adds to that fill ratio. Did you forget this lebel...of course you did !!

[bicente]

Pierredowner has to wait until the next balance sheet in order to process this new contract and include it in his expert analysis ... he must be so pissed to have sold the bomber shares lower than it's high ( over $5 ) and lost that money on his clever "investments" that went bankrupt ...it must e eating away at his insides to see that not even covid couls sink the bomber ...I feel

[flamingogold]

Whatever the motive, he's been right at calling this a dog and longs like us have been dead wrong.

[bicente]

can you please look at his other "investments" ..his other "investments" went BANKRUPT , how much more wrong can a person be ? ..at least we are still here waiting for the bomber to get their chit together , and it will happen ... meanwhile he is twidling his thumbs and picking his nose because he has  no more money to invest anywhere... how can you say he was right ??? ..

[pierrelebel]

bicente wrote ' ... can you please look at his other "investments" ..his other "investments" went BANKRUPT , how much more wrong can a person be ? ." WHY would you write that fiction? You know it is untrue.  So, what is your point?  What do you gain by lying? Not just lying buy repeating the same lies? Does that make you feel like a "man"? It is

[bicente]

You are correct , the market values the bomber at $0.41 today instead of $5 ..but that is much more then the big fat $0 that you "investment " in Stornaway ( which is bankrupt) ...so if anyone listened to you and did what you did (sold the bomber shares at a profit) then bought Stornaway , they would be broke ..whereas if they had kept their shares of the bomber , they would be here

[Jim99999]

If you have never owned a shares in a company that went bankrupt then you are either very new to investing or extremely risk averse. Jim

[flamingogold]

I will step in here and say I have owned a few dogs that went belly up.... all dot com stocks from 20 years ago. Vowed to never play the pennies again. Broke that rule last year with one cannabis stock, currently in the toilet. Second is this dog, but bought above $2 and now a penny. No investor is perfect, anyone saying otherwise is full of sh-t.

[Jim99999]

Yep. Be right more often than you are wrong and you can make a lot of money. And be willing to acknowledge and act when you F'd up. Jim

[clubhouse19]

Bicente His other investment bpli is comatose at 10 cents and hardly ever trades.  Looks like they may just be putting a fork into it  They certainly have no interest  in shorting that one...it's a ghost !

[bicente]

I wonder if the balance sheet is getting better  on that stock ? Maybe he will buy more shares ... It baffles the mind how a person that loses so badly on those investments and still think he knows what he is doing ... Imagine how much he has lost on the shares of companies that he hasn't mentioned  ... the most hilarious part is that some people still stand up for him , I guess

[Bullvsbear99]

What is sad is you spending your weekend going back and searching and then responding to posts from 7 - 8 months while through your own admission you don't own any shares. How much credibility do you think that gives you? For someone to go out of their way to spent time bashing bombardier shows your true color. You might think your bashing is working to your advantage with the responses you

[Jim99999]

Seriously, are you five years old? "He's not right because he got some other thing wrong!"

[bicente]

you are the guy missing the point , he's the one claimning that thebomber's  balance sheet told him to sell his shares at a minimal profit way back when , then he bought stornaway( and others)  and LOST EVERYTHING... and for your information if you don'r sell the shares at a loss you haven't lost anything ... what if the the bomber gets a huge contract with some new

[pierrelebel]

bicente :'...balance sheet told him to sell his shares at a minimal profit way back when , then he bought stornaway..." Are you not getting tired of your lies?  of making up stories you know nothing about? I sold my Bombardier preferred shares - at a nice profit - in late 2017 and early 2018. The "D" were sold at $10.85 and the "B" at $11.70. Links to the

[bicente]

just because you write something down doesn't mean it's true ... keep losing the cash pierre lebel jr. ... the internet is your friend ... keep spewing your hatred for the bomber , it makes you look smart to some on this board ... GLTA    

[pierrelebel]

bicente - "...keep losing the cash pierre lebel jr. ...." That is uncalled for. My son, Pierre Jr, passed away in 1998, he was 24. There is no word to describe you and your attitude.

[bicente]

keep hinting at BK and I will keep going ...seriously speaking , what are you doing on this board ? ... the bomber will not go belly up , deal with it,  move on to another board where you own shares and bring Jim along too ...GLTA Kepp br  

[Jim99999]

Nah, I like it here, thanks. Serious question for you bicente. You have said several times that the family will not let it go BK. There is $4.35B in LTD due by Jan 2023. If the company experiences a cash crunch (which could happen if the economy is stalled due to covid-19), what steps do you see the family taking to avoid BK? Do you think they will put in some of their own money? Jim -bicente

[Bullvsbear99]

Do what they always do kick the can further by means of refinancing it or maybe use some of the proceeds from rail and Belfast sale to bring it down.

[Jim99999]

The problem is, I expect the proceeds from the sales will allow them to reduce LTD by $3B max, less if they have to use some of those funds to cover interest payments in the interim (this is very dependent on pace of economic recovery). This could leave LTD at over $6B, with interest nearing $500M per year. If they are struggling to make interest payments, they may be forced to pay higher rates

[Bullvsbear99]

I think by then they will be churning out a lot of Global and challenger jets and current 8% margin is supposed to go to 11%. With all biz jet products refreshed their R&d wont be as much so less cash burn. That should be enough to tackle the debt. Also dont forget they will have $550 million in Alstom shares if they didn't sell it after 3 months of holding it.

[bicente]

The bomber will partner up if things get ugly with the debt ... if the Alstom deal goes well ( which it should ) the way the bomber uses the cash is when we will get a glimpse as to what the bomber has planned... there could be some govt involvement for new joint ventures , I'm thinking electric vehicles ... Martel was too quick to state that he didn't need govt help , it's a chess

[Bullvsbear99]

Sorry to hear about your loss. It was 22 years ago but for any parent to loss a son will never heal. This board is not a place for bringing it up and griefing. This link might help you. https://www.psychologytoday.com/ca/therapists/grief/on/kingston

[Shamhorish]

pierrelebel (a bit late but for us, it is new news) on my behalf and many other here, our condolence for your loss ,  sorry for your loss

[Jim99999]

That thinking must make it very difficult to cut your losses. If you purchase something, and that thing decreases in value to less than you paid for it, you have experienced a loss. When you sell at a loss, you realize (make real) that loss for tax purposes. Not selling does not mean that you haven't experienced a loss. Jim

[Jim99999]

As the saying goes, If 'ifs' and 'buts' were candy and nuts, we'd all have a merry Christmas!

[Shamhorish]

pierrelebel, yes you are right, BT backlog is down $2b, so many many many other companies on the globe, Alstom included but bbd keep adding to it no!!!, so  what i ment that media talk comment and amplify on negative, never on positive

[Bullvsbear99]

Its down because the governments around the world at that time period froze all new contract offers to contain and understand Covid-19. So no new order added to backlog but bombardier continued delivering on some backlog year end and first few months of this year. Backlog didn't shrink because of any cancellation.