RE:Greatness comes with one step at at timeMaxx404 wrote: If you are disappointed with this announcement (372M loan), chances are you're amongst the investors who were really hoping for 1 Billion to start the plans for the CS500. That would have given a huge boot to the stock, but only for the short term (mainly profitable for shorts).
Bombardier would have jumped ahead of itself, and once again put a lot of risks on it's back. Not because the CS500 would be a risk, but because it now needs to focus on what it already has, and needs to think long term. Both the Global and CSeries lines will need R&D to keep up with the indrustry, stay performant, and on top of their game. That money the government invested is hugely important to insure the success of both product lines. As a long term investor, I am very happy with this investment and where it will be used. I believe a CS500 will be flying one day, just not right now.
Well said Maxx, one step at a time, this is not a get rich over night stock and is much better that share price has a stong foundation as it increases. I am very happy with where the share price is today, we still have a couple of years before Bombardier is on solid ground.