RE:MARGINSI just don't see it for bombardier. I am a shareholder, but have lost my confidence in tneir stratedy/intentions. They aren't securing present shareholders capital wisely, they leave us shaking in our boots.
They havent merged on the transportation side. They could have got $8-9 billion from china, instead they decided to sell 30-40% to caisse for $1.5. Trusdeau said he wouldn't block foreign ownership of BT.
They need to pay down major debt, but all their efforts don't seem to be going that way, they are pushing funds into new aircraft instead global 7000.
They spent 6 billion to develop the cseries then sold 49.5% for $1billion
There are some serious governance issues, in the past they privatised the watercraft division, made billions then did an ipo. They should use the BRP inc, which they have tons of shares jn, to joint venture on aircraft or train projects. Clearly they don't have much confidence in bbd, otherwise they would have explored that.
I see them possibly privatising bbd for peanuts and leaving shareholders flat and make it seem like they saved the company.
If their is a major play like selling the business jet division, we won't have a clue until it happens. It is either we go broke or they pull a rabbit out of their hat. That is not how I like to invest my money. Put my money on the line without any clue how they will get out of their predicament.