RE:RE:Give it a chance to play outHey martin.
Welcome to my enigma of this company.
Do I think they're idiots. Yes, and the worse of them is PB. Yet, there is another issue here at play. There is also another billion that should have come to us the shareholders today, that's mising in this transaction. One was the discount they gave Alstom for $500M, when they firmed the deal up. And today they got cheated out of another $400M in adjustments. These are the kind of things going on, that makes you think they're stupid. But they are also sly, and do things to benefit the family through the dual share structure, with PB's help. So maybe they're not as stupid as we think.
This is what's going to transpire next. 1) Alstom will settle with the Family on the $400m for closing dispute over adjustments, and give the Family another $3-$400M in some form of say shares. Because that will be tax free somehow or deferred, to the Family somehow, and no cash outlay to Alstom to complete the squable of the transaction. 2) The discount of $500M that they gave Alstom before the transaction, is also going to make it's way to the Family in shares or other ways, from the Alstom deal.That's why PB met with the Bouygues Family, (the largest shareholder of Alstom) and friend of the Beaudoins and Bombardier's, before the Alstom BT deal.The Family will benefit from those shares not the Shareholders. Are you starting to get the picture?
All the while the shareholders are holding the bag, and the family is benefiting off the shareholders back. While the Canadian/French Govt. is getting it too.
Look, these guys don't care about this pubic company's shareholders like us. They have a dual shareholder system.They are getting Billions out of Bombardier
in dividends, loans, salaries, and shareholder value, while we are wondering, why they are making these mistakes.They're laughging all the way to the bank. Their decisions are so irrational to us, the retail investors, but to them, all these decisions are to line their pockets. They're milking this company, and it's retail shareholders, for every cent they have.
Watch out for the next trick they have for the remaining assets of this company that will affect the shareholders. This is laughable for me.
MartinStock wrote:
20% loss for 4 days ... that's a lot when your action is a penny stock.in principle we should be on the rise but investors have lost confidence. Once again the sale has been revised downwards twice despite all the contracts won. Either they are idiots and do not know how to negotiate or everything is arranged for once again cheated on small investors