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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

Comment by PabloLafortuneon Nov 28, 2020 2:17pm
354 Views
Post# 31994965

RE:RE:RE:RE:RE:A shares

RE:RE:RE:RE:RE:A sharesThe bigger picture is that without the debt and interest cost (balance sheet is more or less fixed now - I have details if so desired), this is a fantastic company and a formidable competitor.  Going forward, the debt and interest SHOULD NOT be an impediment to the success of the company. It shouldn't have been in the past either but that's water under the bridge.

Everyone talks about the success of BRP well BRP never had that debt cloud over their heads.

So hopefully for the sake of the company, whatever is happening to the A shares is related to addressing the debt (and interest cost) one way or the other.  IF (who knows with them) and WHEN they fix this, I will have only one comment: What the f!@# took them so long?

B shares will be fine IMO. Debt is $4.5B, $1 a share equates to $6.5B enterprise value which is not expensive for a company that is a (the?) technology leader in aviation and could make good profits ($400M?) if their interest costs weren't so bloody high.

YMMV
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