RE:RE:Blue sky ahead!Hey Bicente.
I hope you're right buddy.
Because this year is going to tell us where this outfit will be going.
I'm not even worried about the debt any more. With this offering we've kicked the can down the street to 2024. Now all I care about is the cashburn/usage.
You'd think that they would be spending 24/7 trying to figure out how to make this company profitable.
But I think that they might still have issues with old remaining/lingering shite from BT, and some other divestitures. Which we're not being told. Or maybe just some remaining skeletons in the closet from development costs in the Global 7,500 & or CSeries. Who knows? I'm just guessing here. But $400M is huge for cashburn. When it happened in Q1, I had thought that, they wrote off the $400M because that's what they got less from Alstom for the BT closing. So they couldn't pay $400M of commitments with that $400M loss of BT closing revenue. But those funds should be in dispute. Bombardier said that they would dispute it. I'm pretty sure they were banking on that $400M cash to pay some things off. When they didn't get it. That's when when shite hit fan.
Oh well all that is behind us now. Let's see what they do in Q2.
Honestly I'm not even worried about the 2.4B share float anymore either. Why? Because they can easily fix the proble by a 2 for 1 forward split @ $5 a share, if and when it gets there (to $5 dollars I mean). So we jump up to $10/share. it's better for the share image.
BRP as you are saying is a good lesson for them. But can they start to make profits here??? That's the key. The key to better ratings, The key to EPS, the key to higher share prices, the key to investor confidence, the key to keeping LTD boogeyman away from the door. If they can eventually get us up to $100/share, like BRP, and a float of 1.2 shares. Then I'm happy. Otherwise this stock was a colossal waste of time. I'd rather have stayed with AMD, or even Blackberry, or even Berrick. I hate to regress.
I'm heading to the course. scotch and cigars with friends, to drown all my sorrows.
bicente wrote: I know there some who disagree but this is worth $3 ... once the surprise cash burns are over and margins get better we should be close to $3 ... a little more interest savings and a couple of jet orders and we will be there ... the family learned a lot from their partners in BRP .. hopefully it includes avoiding govt dealings ... innovation is their strong pint and we will benefit only if they stay away ... GLTA
DrInvestor wrote: Much more difficult to spin negative news with BT gone! $2 is coming!!