Bombardier Inc. T.BBD.A

Why are the financials in $US

[stock4life48]

when the company isn't listed on the NYSE or Nasdaq?

[BestGoldigger]

https://www.nasdaq.com/fr/market-activity/stocks/bdrbf

[stock4life48]

its not on Nasdaq, that is the OTC board (pink sheets) which no one cares about and riddled with fraud

[Noredneck]

Are you new with Bombardier??? Financial have always been in $US BECAUSE it's an international Co., they deal mainly with US, Europe and Asia. Canada is a poor country and can't afford quality jets. They buy from the US their old Air Force jets from Boeing that might lose a door or even worst...

[stock4life48]

no I am not new, but why is it traded in $US when its not on real stock markets like the Nasdaq and NYSE?  No one trades on the pink sheets, at least not real investors anyway and US investors are not allowed to have $CDN accounts Further, major companies like CPR, CNR, RBC, CIBC, Suncor, BNS, Manulife, TC Energy are all listed on Nasdaq or NYSE Please answer the question: why do we keep

[Inuk138]

Bombardier, even though an international company, is not listed on American markets for several reasons: Ownership Structure: Bombardier's ownership structure can play a significant role in its decision not to be listed on American markets. If the majority of shareholders or if the company's management is based outside the United States, it may be less relevant for Bombardier to

[Acuras1]

The number one reason Bombardier reports in U.S. dollars is to simplify comparable financial metrics for investors.  Last I looked, Bombardier's business is 90% or 95% international, especially now.  Some of us would really like the company to list on Nasdaq, and yes U.S. reporting rules are strick but I'm pretty sure the company already meets all of these. Given the company

[Dyno7]

https://bombardier.com/en/investors/shareholder-faq#results-us-dollars

[Tempo1]

because 95% of its business is in US$.  If they choose to disclose their numbers in CAD$ they would heve to adjust them every quarter with forex reevaluation of all the balance sheet elements on each income statement.  It would be a mess to read.

[trademorestock]

I for one would be overjoyed to see a listing on Nasdaq or NYSE.  BBD needs to get on this asap

[stockitnow]

Aeropsace deals are done in US dollars.  It's simpler to keep account in currency the industry uses and more accurate as forex can make one month look better then another without any other changes to Financials. We go through headache converting USD to CDN for reporting.  

[stock4life48]

a lot of people miss the full question...so why aren't we listed on NYSE or Nasdaq?

[Inuk138]

Ask him Francis Richer de La Flche calisse.

[SylviaM62]

Bonjour Inuk, juste une petite correction, calisse ne s'ecrit pas avec 2 s mais avec 1 c, calice.  Par contre, crisse lui s'ecrit bien avec 2 s.  Mais c'est pas grave, on s'en sacre !  LOL  Bonne soiree et souhaitons que Bombardier continue sa hausse.  Bonne chance !

[Inuk138]

Vrai ostie merci GO BOMBER GO