RE:RE:RE:RE:RE:RE:BTFrom what I read and understood from various articles and report was that most legacy problems will be solved before the deal is to close. Before announcing sale of rail division to Alstom bombardier had already committed to investing money to fix legacy rail issue. Now after the sale announcement and before the sale closes bombardier is still accountable for fixing the legacy issue and hence needs to keep funding the fix. This is why i believe that Alstom is paying more for rail then what all analyst were predicting as all legacy issues should be fixed before Alstom takes ownership. Of course now with COVID-19 the fix would be delayed and so would the sale date. Unless bombardier and Alstom stay on course and maintain closing date. But since production is shut there aren't much fixing going on so Alstom might delay or ask for reduction to account for legacy cost.
bbdbinvestor145 wrote: Yes Doctor.
I understand how that renevating your house adds value.
But what I'm saying is something diferent. Pay attention to what I'm saying,
I'm saying that Bombardier has already sold BT to Alstom. Now they should stop spending money on renovating BT. After you sold your house, do you then renovate more. That house already belongs to another person now. So you stop putting more money into it now. So forget BT now , BT is gone, according to you guys it's a done deal. That's why I said to put that money that was going for BT's renovation into buying the shares from these market sharks that are stealing from us.
Cheers
145 DrSpec_ wrote: long story short..when you are selling your house you renovate first if you have a chance..it's value added.Cheers and goodbye BT