Fantastic Night for BBDGreat news tonight! the Govt of Canada is now fully onboard- Bains saying "Bombardier is back!" will embolden many new investors. For those who can hold a large stake for two to three years, this is an exceptional opportunity for outsized returns with low risk.
$372M in "repayable contributions" is a significant stimulus. Bellemare now has what he needs to succeed and no longer needs to minimize the current state of and prospects for BBD for fear of losing public sentiment to provide support. He will be swinging for the fences from here on out. Bellemare is making it clear he does not need more capital from Canada during the Q and A.
There is no dilution to the stock. This is fantastic for those of us with signficant long positions.
BBD is now a sleek jet sitting on the end of the runway with engines idling. It will begin the takeoff run in 2017 and will fly in 2018 it will be a tiny dot high in the sky by 2019. Bay street already has egg on it's face, and there is so much more to come.
The management team consists of strong, committed and talented executives. Buchholz knows the customer side of the business inside out, Cromer is a world class allstar at commercial jet sales- and Bellemare is a once in a generation CEO with business acumen and engineering skills who knows how to manage expectations with inborn finesse.
This is an opportunity to invest in a company doing the right thing for the environment, for Canada and the flying public and make strong returns at the same time.