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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

Post by stockitnowon Oct 15, 2021 10:42am
504 Views
Post# 34009504

Nothing but speculation

Nothing but speculationThere is no news behind the bbd sp movement. Sometimes bbd follows DOW and sometimes it doesn't. Last few weeks bbd followed DOW, and before that it didn't. Now its hit and miss. Debt issue has been addressed upto 2024, and I am optimistic that come 2024 it will be better story on debt repayment as Bombardier should be getting better margins on Global, and aftermarket contributing to bottom line. Few firm order announcements give bbd sp a temporary boost. Bombardier bashing by the media has come down as there is nothing to report. However every now and then there's an article about bombardier talking about c series, rail sale, learjet etc. But these are behind us. Media has nothing to report so they re report the old story. Quebec politicians love to bash bombardier to get more attention, and G&M love to bash about TTC bombardier issues to get more readers. Heck most media during their reporting still mentions that bombardier has 60k employees and make train and CRJ and Dash 8. As an example look at the bombardier summary on top of this page from stockhouse. The only news which should impact bbd sp are quarterly report. I dont care what Martel or any bombardier EXEC says or think. Q reports are the only factual data to go by. In between q report are all speculative buying, shorting, day trading, profit taking etc. Which is not linked to actual bombardier performance. On this board we have investors who have different take on bbd, there are over 2 billion shares of bbd with many investors with different strategies and buy and sell target. Nowadays the company potential and performance has no relation to the sp. For example i had bought ac.b between 3.11 to 3.47. Went through SARS, 2008 financial crunch, ac pension deficit, strike threat, etc and ac sp was never as high as now with covid and fraction of routes being flown. Its all speculation now.
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