RE:RE:RE:RE:RE:RE:??Johnney, in my opinion, they drove shhare price wat way too low
there is (imo) no reason fotr that, they went too far and made money in rhe process
but in reality bbd.b at cdn$ 0.26, 0.30, 0.40, 0.50 as if bbd is going bankrupt next month
we know bbd gas huge debt,
but bbd has some cash, and will get more drom Alstom,
martel said they expect after settling Alstom deal and with the procceds, ba will be left with long term gebt of 4.5 b instead of expected 2.25b
Martel Also said they will cut more, to make sure ba will be profitable even under those harsh conditions
if my estimates are correct average interest on total loans of 4.5 b is about 7.5% which will be 340 mil of interest per year
if Martel were able to refibance those 4.5 b at 3.5-4.% then BA will pay between 137-180 Million per year instead of 340 mil per year (almost 50% of saving)
i think paying 140-180 mil per year can be handled by BA (i hope)
so in reality there is no valid reason to push bbd.b to this low exept to buy cheap cheap shares
and they accumulated many many millions and made money going down
may be they will chang the game push it up slowly and still make money going up
only time will tell
but bbd.b at 0.30, 0.40, 0.60 , 0.70 is not warnted