Post by
lb1temporary on Oct 27, 2022 2:30pm
TD: Target to 73$ (from 68$)
From Defence and aerospace preview report
Bombardier (Top Pick):
The increase in our target is due to an increase in delivery assumptions due to industry conditions, production plans, and other factors. For Q3/22, we forecast a 36% y/y increase in Adjusted EBITDA on strong EBITDA margin expansion. Results are expected to reflect declining costs on the Global 7500, aftermarket service growth, and other cost saving initiatives. While the Q3 book-tobill should remain healthy, we believe that investors should anticipate a moderation from the levels (>1.5x) of recent quarters.
Comment by
MyNameIsNobody on Oct 27, 2022 2:38pm
Thanks for the update amigo!
Comment by
johnney on Oct 27, 2022 7:36pm
Myname, go and see the chart on stockwatch, there is a gap around $30! the last two gaps that has been filled when we we're around $32, was $28, and $24! Only $24, that hasn't been filled, cause wen't around $24.50, before going up where we stand now! Hope not, but if markets pull down like we saw not long ago, there is a chance that that Gap $30, may be filled!!
Comment by
MyNameIsNobody on Oct 28, 2022 7:34am
Johnney - I do not let fear run my investing strategy..so wether or not that 30$ gap you mentionned is filled or not is inconsequential to me in a way. You've owned this stock for a while too so I understand your fear or distrust since this as been a very rocky rollecoaster but this company as changed in huge ways in last years. Good luck to you.
Comment by
johnney on Oct 28, 2022 10:28am
I still own the shares, over 7 years, now!