Timely decisions for Bombarder - good onesNot only is Bombardier going to continue with outstanding performances, but they make the correct decisions. I was extremely skeptical when news came about that there was going to be a partnership with the Russians in the rail car business. Considering the turmoil in the Global monetary crisis, I am appreciative that Bombardier opted out of the Russian deal. Also, they made the right choice to develop the "C" series plant in Canada. A committment to the US site would have been 100% dangerous politically. Another important decision was the reinstatement of the dividend. Very timely indeed.
I understand that there are pensions funds making their first committment to purchases of Bombardier shares. I was in the company of Steven Harper last night and he is aware of the great opportunities to purchase undervalued shares. And Bombardier fits into that category.
IMHO