Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRXF | BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | BOMBF | T.BBD.PR.D | BDRPF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

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TSX:BBD.A - Post Discussion

Bombardier Inc. > Q2: What to expect?

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Post by lb1temporary on Jul 31, 2021 9:53am

Q2: What to expect?

We know that:

E. Martel told in the Q1 Conference Call that the they expects good results in Q2.
The deliveries were strong with many G 7500
The G 7500 had already positive margins at the end of Q1, and the learning curve follow the plan.
Biz jet market is hot: Gulfstream booked an average of 3B$ new orders in Q2 (aerospace backlog increased by 1,6B$ after deliveries estimated at 1,3B$ or 1,4B$ after servicing).
The SP was strong in the lasts weeks in the 1,40$ zone.
Some analysts woke up in july and put the target in the 1,75$ zone.

I think that the book to bill ratio will be the key driver for the SP.

My expectation: A ratio over 1,5 and a Stock price stabilized in the 1,60$ to 1,70$ range in 10 days.

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Comment by MyNameIsNobody on Jul 31, 2021 10:16am

I expect a ratio over 1.7... even considering they delivered a bit more than expected. stock price: At least 1.6 and wildest dreams 1.8 No investment advice here, this is just based on what's been going on lately.

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