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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Comment by NothernLightson Nov 08, 2018 10:27am
69 Views
Post# 28943529

RE:Saint-Bellemarre

RE:Saint-BellemarreJust one question for you Pierre Lebel.......smart a$$..........could you do better?
You say you sold all your preferred shares with a good profit and here you are evry day, constantly critiscizing Bombardier......how weird is that? Don't you have something better to do?


pierrelebel wrote:
Many look at Alain Bellemarre as the guy who would save Bombardier.

Keep in mind that he was passed over to take the CEO job at United Technologies.  This is when he came to Bombardier in early February 2015.

What has he done for shareholders?

Check the facts.

Back in february 2015, BBD.B shares traded between $2.91 and $3.04 during the first week of February 2015

Fast forward to November 2018, more than three and half years later and the shares trade at $2.90

What has he done for employees?
Three lay-offs announced in the last three years: 7,000, 7,500 and 5,000 more today.  The majority of the layoffs announced today are in Canada.

Oh yes, let's not forget tomorrow.  The cheerleaders will always have tomorrow, next quarter, next year, the following year.  In the meantime, Bellemarre is selling the furniture to pay the mortgage.  What will happen when there is nothing left to sell?

Cheerleaders may call that an "investment" if they wish.  I do not.


Bullboard Posts