RE:RE:«CERTAIN» TO ANNOUNCE MORE CSERIES ORDERS THIS YEARPierre, you're finally coming around. Recognizing that the CSeries adds $0.12/share to the bottom line on top of the $0.40/share Bombardier was making before the write-offs = $0.52/share. (and don't try to tell me that Rail gave up 1/3 of shares to the Caisse because that's all about improving the net to 8% on the rail business from the current laclustre 4-5%). So at $0.52/share and growing in 2020 the BBD.B shares should be trading at around 12-15x earnings, or between $6.00-7.50/share. Based on my model of earnings, grow, I'm expecting a 239% return over the next 5 years, or approximately 28% compounded annually. What's your expected return on the preferred shares?
pierrelebel wrote:
Now, one should expect BBD to do better than that and sell, produce and deliver 200 planes per year. That works out to $0.12 per BBD common share."
The question common "B" shareholders should ask themselves is: what does that mean to me, to my common BBD.B shares?