RE:Company Direction and VisionSeems to be a common observation from time to time, but it is not like an engineer for the Global 7000 program is dividing time with the CSeries, or a worker on the assembly line shifts day to day from one aircraft type to another, they are separate divisions with there own workers andmanagement groups reporting higher up, there is no lack of focus for those doing the actual work or up front engineering/management.
With the all talk on this board about CSeries, it might surprise some people that the actual largest backlog is with trains and also the biggest moneymaker in terms of margin potential is actually after market servicing. I would argue that the real strength of this company is its diversity in products. The current market cap is around 5 to $6 billion, strange thing is that the sum of the parts probably exceeds this big time if they were sold off individually, which for me is the real case for calling this and under valued stock The CSeries with its cost overruns and time delays has probably almost caused the company to go under, I would say BBD's diversity in products saves it. Too big to fail.
From today's numbers I see cash burn down, liquidity stable or up, overall company approaching solvency. If reading a little deeper, had there not been the engine delivery issues with the CSeries, there would have been more aircraft delivered during the fourth quarter, and much better earning numbers, which I now believe these will be transferred to the latter part of 2017.
I'm long, not a sophisticated enough invester to try going short, respect those who do, may we all prosper.