RE:RE:RE:Desperate pierrelebel, as I said I think - kust personal opinion. I like the PP&E is small, likely depreciated to high degree. I like the fact goodwill is not big. To this big organization with complex structure I simply am not able to do real evaluation on their FS. You can look into the assests change when Downsview trasanction was closed.
You see BBD can still refinancing on junk bond market - the market still thinks BBD is basically be able to pay interest and pay back eventually although with high risk.
Again it's just my think. But now seems the situation may have changed in the 2nd half of 2019 because they kept burning cash at BBT without solving problem.
At this time, I still take position of not selling as my final gambling.
pierrelebel wrote:
DundeMonk wrote: "at this point I still think BBD has more assets than debt."
Have you actually read the financial statements from Bombardier.?
Where do you see more assets than liabilities?
At September 30th, 2019 liabilities exceeded all assets by over US$5,000,000,000 and things got worse since then according to the recent press release from Bombardier.
I wish cheerleaders would stop making up statements and pulling numbers from the thin air when factual information is available from Bombardier.