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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by PabloLafortuneon Feb 01, 2021 3:51pm
304 Views
Post# 32439334

RE:RE:As we approach February 11th

RE:RE:As we approach February 11thWe don't know how BA generated the $375M (200M+interest+prefs) in Q4 - could be increased backlog, could be high EBIT, could be something else that came thru on the balance sheet (reduced inventory) or a combination.  In any event, its my opinion that the best catalyst for the share price atm is a big convertible share issue eg $1.8B USD @2.5% with a US$1 conversion price (a premium on the As).  Because if they don't get the debt down, company is still very much at risk medium term - investors probably don't realize I'm sure that in addition to the 4.7B debt, the "other" liabilities net of other assets will probably still be a big # ($800M?) and there is a lot of backlog/customer deposits on the balance sheet that is not current which with every quarter some of it moves to current and some current moves off the balance sheet as sales are generated and gets replaced with new orders (sorry for the runon sentence).
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