RE:RE:RE:RE:RE:RE:RE:RE:DOO.TOListen to it again Jim... As I keep saying here the debt by itself is not the new BA problem. Its the FCF and the EBITDA which need to be adressed. This will be done by 1) limiting the capital ( cash burn) to the depreciation level during the next 3 years and getting rid of all the old BBD corporate expenses in line with the lean BA. This will boost the margins on both servicing and OEM activities. Listen again not to look for selfservicing arguments but to get an idea how EM is adressing the critical elements of this time business! And relax. Because I dont think that we will see the impact of these changes next month. Only by year end. GLTAll the patient investors.
Jim99999 wrote: Well Raphaelle2, I took your advice and listened to the call. Unfortunately, I didn't hear anything to make me think my projection is wildly inaccurate. In fact, at about the 31 minute mark, John Di Bert says the exact same numbers that I said, namely $10B-$4B=$6B LTD, $4.5B net debt.
Jim
raphaelle2 wrote: Jim, You dont need to be corrected! You need to be educated. I suggest you listen carefully to the last Q3 report and the exchanges with the analysts available on BBD investors page. Only a short half hour which will do miracle for you and help clean up this board of useless and pathetic exchanges...GLTA..
Jim99999 wrote: I am not talking about net debt. I am talking about the debt they pay interest on.
BBD currently has about $10B in LTD. They will net somewhere around $4B. If they apply all of it to LTD, they will have about $6B LTD remaining. I do not believe they will be able to apply all of it to the debt, that is why I project LTD to be $6-7B. I am happy to be corrected, though.
Jim