RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:6 Pending issuesSorry if I offended you. What I post is a reminder that with Bombardier, anything can happen and probably will. The news on ACLP and BT in January was that part of the plan? Ditto in 2018 with the problems at BT. Did anybody expect 5 years ago that Airbus would eventually own 75% of C series for basically nothing? Probably not. A rational Bombardier shareholder should expect the unexpected. As a common shareholder, I already know the worst case - bankruptcy and complete loss on my shares. All I'm doing is exploring alternative scenarios.
The better questions are, why are you so desperate to control the narrative, is that your job? And who gives you the right to do so, do you own the stockhouse Bombardier BB? Help me understand because if you are indeed a Bombardier shareholder and aren't an insider, you should be more open minded and anxious to learn from others' but instead you attack them. Its like you don't want to hear opinions that differ from your own.
Bullvsbear99 wrote: Are you for real. Where to start. First of all if you were to read my many posts you would have read me stating several times that i am a long term investor. You coming out with imaginary scenarios and numbers doesn't make any difference to short or long term investor so I don't know where you going with your long term investor comment. Also i thought you put me on ignore and was suggesting others to ignore me. So i guess you responding to me shows you dont even trust your own advice.
pablo87 wrote: You are obviously not a long term independent shareholder... because for the last 5 years at Bombardier, the best laid plans of management have more often than not gone awry. If you were a long term shareholder, it would behoove you to consider alternative scenario in case plan A doesn't work out which generally speaking, it has not. What are we on now, plan F?
Bullvsbear99 wrote: And he starts again with his imaginary numbers and scenarios. First the CDPQ ans now this $hit.
pablo87 wrote: The comparable is General Dynamics's Gulfstream. ~33% of operating cashflow, ~25% of total sales. 7.5x EBITDA, 1.35x Gulfstream sales. If at $7B sales they are as profitable as Gulfstream, and the debt and interest cost were the same (they won't be sadly... but in order to be they'd have to have only $120M of annual interest costs eg $4B @3%), that would be $5 a share. For the French or ?, that would mean $3-4 I would imagine depending on the debt assumed. Keep in mind, GD is down 30% on the year. So if the family is rational (another pipedream), we could do quite well.
flamingogold wrote: Pablo, what do you peg a fair price at?
pablo87 wrote: Sham,
Im starting to think that plan B for Bombardier involves either merging wth BRP or merging with a Frenc company. As part of a French group, Bombardier would enjoy low interest rates and would probably get military contracts as well. While that might be sad for some, if a fair price was paid it could be good news for shareholders.