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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 stockitnowon Apr 06, 2020 8:30am
200 Views
Post# 30882110

Bombardier sp prospect

Bombardier sp prospect With COVID-19 it is very difficult to predict where the sp will go. Bombardier production is shutdown but the sp is still moving around. All of this is speculation driven. It isn't just bombardier its the global economy which one needs to look at. There are lots of cheap government money afloat and when COVID-19 is contained then you will see the global market and bombardier move up. If you want to buy now then good luck because nothing indicates we are at the bottom. This sp and all sp are moving based on whats is reported on COVID-19. Buy at risk. If you are long then you can sell at heavy loss now or wait it out and see what happens. Bombardier is not going under and there is no liquidity issue. If you are short then theres not much the sp will go under but depending on your position you can do well but threat of sp shooting up based on COVID-19 containment is a very real risk. All deals before COVID-19 will happen but might be delayed due to COVID-19 havoc. Global jet deliveries will be reduced until all companies buying recovers. The delay works well for bombardier as they were already slow at producing them. The current backlog is good until 2022 and now the time will increase due to deferrals. So the worst case the backlog is extended to 2023 timeframe with current backlog numbers. Alstom deal will go through and we have some cash coming in thru CRJ and Belfast sales this year. Both were supposed to close mid year but now might be pushed to end of year. Also in a time like this if not more then ever it doesn't matter if you are short, long, or day trader. You health is first and this virus doesn't differentiate so take care of your health first. Money will come and go that is the nature of it.
Bullboard Posts