RE:How much bbd shares in jv Worth? sham...in my opinion at this point in the game where Bomber does not have relly the money to invest again in Airbus JV after putting back to close to 1 B $ in it in the last 2 years and the difficulties ( more money again ) ,the fact also that because they have not reach the minimum profit level with their arrangement wih caisse in BT ( caisse starting February 14 will pass from 30 to 32 % of ownership in BT ), knowing all that Airbus is again sitting in the king's seat to negociate very hard (and they will ) with Bomber and i will be surprise if they get close to 1 B$ .
I know how everybody including myself feel about all that but we must remember were we start in all that CS bad adventure : underestimate the strenght and ferocity of both Airbus and Boeing . It was not enough to have a better more modern plane to win that fight ,huge some of money and time was necessary and we under estimate that crucial part . Bad judgement and obstination from management brought us there : the time has come to definitivly get out of that !
I am not interested in blaming and bashing about all that .I am just interested in my own investment there -and it should be all here were we should focus . I dont think just cutting our losses in that JV is enough to put back SP on track i.e . getting up that stock again . We are now in the hand of the big players that will keep the stock low and in a narrow range more need to be done .
Will something happen on Feb 13 ? i hope so but i am not convince .We may end up stalling there for another 6 months before seeing up movement . What would i do : yes buy more if it goes under $ 1 ( .85-.90 c ) . Why ? because it will not go under ( bankrupcy ) for all kind of reasons and yes slowly the will get out of that mess but be prepare for a longer wait as i dont see any miracle coming sooner . SD