BBDB859 wrote: Hey North.
I think your idea of BA going private is way off.
-Why would you take a company private that you already own, without having to pay for?
-Why would you risk lawsuits from every shareholders that's ever Bombardier shares by this dumb move?
-What reason would you give in a court of lawsuit for selling BA and privatizing to a group controlled by you?
-What excuse would you have for doing a non-arms length deal after Getting $4B into your hands from the Alstom deal?
-What excuse would have also, for having another $1.7 Billion in reserves after the deal and using that money to buy BA and go private?
- Having that much cash in hand will make BA a very attractive unit to buy. Don't you think that there will be a lot of buyers lining up to buy the company and refinance that existing debt?
Going private is not as easy as you might think. The Bomber will have $5.7 B in their bank account soon. And they won't be able to put it all on the debt. Unless they can pay the penalties of pre-payment, or renegotiate an Equity loan to get rid of the high interest remaining Debt. Don't assume anything until you see it.
My suggestion to you is
buy your shares right now and sit and enjoy your profit on those shares in 1 year or 2, because the shares are heading NORTH like your handle.The Alstom Deal is closing by January 29th. Then we'll have the news for the 4th quarter 2020, and good bye to BT. Then in Q1/21, all the good news about the intention of refinancing the debt, and the share price will keep climbing.
So stop your scare tactics, and j
ust buy your shares now, because you won't be able to buy cheap shares soon. I have news for you. By the time Bombardier decides to even sell BA. The share price will be $5.00 dollars or higher. These shorts and manipulators who bought all these cheap shares for the past 2 years, aren't stupid. They're not going to let the Family take them out at $1.00. By the time the family can find someone to invest in the Business Jet Business, it will be years. Covid isn't favourable to the airline industry right now. No-one, that I know, that invests billion is stupid. Those that will lend the Billions, or partner up with Bombardier to buy BA aren't going to hand over control to Bombardier. So, if that's the case? Why would Bombardier do a private deal, when they already own the company without buying it?
Buy your shares and enjoy the ride up. Stop with your fear and putting fears on other shareholders here. Not interested in your scare tactics. If you're that scared? Then just get in and out and day trade. There are other day traders here that do just do that. But they don't keep spreading fear. Why do you use this tactic?
Cheers
DBNORTH wrote: Not think this will go private after the Alstom deal? Most of the blood has been let, but it is possible that the Bomber has one more turd up its sleeve and the BA assets can be handed over to BAIN or someone for way less than it is worth. Never underestimate these clowns. But in the meantime, probablly some money to be made on the swings - just don't get too gready. As for the $3 - good luck. You will be able to buy your assets back from BAIN and family in 5 or 7 years for 10 -15 dollars. Just business. That's the way you do it, m....