Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 stockitnowon May 07, 2019 1:37pm
89 Views
Post# 29720620

RE:Why selling Belfast and Morrocco now

RE:Why selling Belfast and Morrocco nowI think it will fetch a premium now as China wants it (if they are serious buyer). There was an article I think Airinsight which valued it at 900 million to 1.01 billion based on net profit and not the gross income in billions. The article broke down the margin as well.  Now looks like everyone wants a piece of it so who knows what the value will be.  

As for why now I think the double digit savings AB wants form it’s suppliers will cost bbd few percentage point in net margin.  Better sell while it has some negotiating power now then after signing the new contract with AB and then trying to sell.  Also AB might have A220 orders to be announced at Paris which commits AB further to A220 more now then before and can’t back out of A220 program.  
Bullboard Posts