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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
Post by DBNORTHon Jul 31, 2019 12:14pm
300 Views
Post# 29979934

Airbus

AirbusThat A220 sale to Air France was great news to the workers in Mirabel and to some extent  Bombardier at some future time.  Tomorrow, Bombardier reports and the legacy costs may continue to haunt us as most feel they are not short term and certainly were not all in the Q1 numbers.  Q2 could be less than favourable (to put it mildly) and that will stall us for another quarter if not indicate a trend.  People keep refering to the 5 year plan but it is the 6 year plan now and Bellemare has made some mistakes.  I will buy tomorrow on good news and bad news but I will not buy before the report.  I see we are moving up now (2.33) but we do not own the C Series anymore and the Air France deal will serve to mitigate the losses the partnership incurs with every plane we build.  Come to think of it, we have been losing money with every plane we sell, with the exception of the bus jets, for years.  When the A220 program is profitable, we will be long out of it.  Best case, 8% margin for BT and 10% for Globals - best case...!  Sooooo, anyone know what is going on with the Globals?  Anyone know if BT has turned the corner?  Of course not!  Why?  Because this "all is well until it is not" company never tells shareholders what is going on unitil it is too late.  We had no idea what the Airbus deal entailed for 6 months and still are uncertain as to some aspects of it (look at the recent posts).  I don't own Air Canada but I sure wish I did and that I had followed Rovinescu once it became clear that he was Canada's best CEO.  Did you see how he handled the 737Max issue a couple of days ago.  Turned a skunk into a golden goose!  Practically made buying those planes look like a positive because he has managed it so well.  Look at the share price and the performance.  Let us see if Bellemare has what it takes.  Time to walk the walk - no more excuses from him or us.  Some do better.  As for the comments from BNN - most say they wouldn't touch it and with good reason.  Wouldn't be in it myself if I wasn't high risk.  Wouldn't want my mother's investment advisor buying it either.  Wouldn't think much of an investment advisor that did like it.  This stock is for the Deer Hunter crowd.  Tonight we squeeze the trigger once again!
Bullboard Posts