RE:What if history repeats itself? Food for thoughts.Why do you think the shares are trading below 50 cents right now?
This reflects the simple fact that very few investors are willing to admit they even own shares in the company because of so many management mistakes although, some far worse than others.
Pierre Beaudoin should of never been in charge!
I certainly congratulate the engineers for their many technological advancements. Building the C-Series broke the bank and were now left with the pieces. Had Bombardier's board not been owned by the family, there is no way this project would have gone as far (at least without outside investment). In thier defence, Boeing sure did everything they could to sink Bombardier by selling their old planes below cost. Their pockets are deep enough to do so.
The company's products have always been superior and often class leading. Some of the world's smartest and richest people own their business jests. Warren Buffet's flown Bombardier jets for decades and Net Jets has many dozens. There are more than 4,000 BBD jets flying around.
My main point is these guys have been so beaten down for so long, I'm betting that new management is there so save what's left of the BRAND. It's pretty clear the old guard at Bombardier wants to save what's left of their reputation. Hope Eric Martel continmues to do a good job, he's got a long way to go. GLTA