RE:RE:RE:Blackstone, Gates moving into private jet operations I would like to be as optimistic, but the family will always put themselves ahead of any B shareholder. We are at the bottom of the ladder. Even after applying the Alstrom cash towards the debt, the remainder owing is still too large to service and the risk of share restructure remains very high.
BBD management's integrity and transparency has been less than stellar these last 5 years. Bellemare, DiBert and Pierre Beaudoin own that legacy and while the former two are gone, Pierre is still here and as a family insider with the most power I trust him the least.
bicente wrote: that worry will subside once the Alstom money is applied to the debt , I believe that is what the retail investor is waiting for , only then can the company look for long term financing for the remaining debt... positive news coming for sure ... GLTA
flamingogold wrote: The worry for investors is not the market potential for private jets, this sector and BA will do well. The concern is whether management will roll us under the bus by either a reverse split or going private for 30% more than the current price so +/- 65¢. In both scenarios any investor over a $2 will likely never break even.
B4UInvest wrote: One would have to think that the pandemic would see a surge in private jet sales and operations, always watch where the big guys are putting their money, this will be good for Bombardier
https://www.bnnbloomberg.ca/blackstone-bill-gates-weigh-us-4-3-billion-signature-aviation-bid-1.1545525