What a sham???The SP cannot be trusted 1 bit. These Bay Street and American Brothels have no shame.
Then we have these fools here (Greenday, Firstworld, Teamee, Omicron) and some that slip in under the cracks. Either working for the Brothels or trying to scare people to sell. Why didn't you idiots buy cheap shares from such a huge fluctuation in the price from the real Crooks.
First the Brothels gang up on the share price. They bring it down Artificially to $1.21 at 9.30am. They trade to eachother at $1.33 by 9:45am, and then they raise the share price back to $1.52 by closing.
In between 9:00am and 4:30pm. I can count in 1 hand the number of day traders here on this Board that got any shares under $1.45.
Meanwhile, I did nothing but listen to the Q & A and got some real info, from Bart.
CAPEX of $600M is built into the years ahead from an expected EBITDA of $1B by 2023 and on. But here's the good thing. That Capex after 2022 will not be used up, nor will it be necessary after 2023. In fact it'll be less than $200M/yr. They have no new program or refurbishments planned, and their expected CAPEX will be under $200M yearly till 2025. Who cares what new planes their competitors have coming by 2025-6
What does all of this mean to you?
Simple. After 2022, all the expected EBITDA of $1B, will go to LTD repayment. In 2023 we'll have $300M left over. In 2024 we'll have $500M left over, in 2025 $800M left over. Are you guys getting the picture yet? The 2024 LTD will be reduced to $500M, and renewed for less interest. The 2025 will be reduced to $500M and refinanced, and then the 2026 will be reduced, and refinanced for $500M. Then there is the $2B in 2027. The 2027 $2B will be reduced to $1.2B refinanced at $1.2B.
So what will the Bomber LTD look like by 2027. $4B roughly.
That will yield a coupon of about 5% for a total of $200M/yr, and Bombardier will be repaying every maturity off on those maturity dates on 2027 and on.
Not bad. Oh I forgot. They'll still have close to $2B in reserves, for working capital.
This is why they brought in Bart D. Now you guys can believe all these games these Whooores at the Exchanges are playing with the SP daily. Or you can keep buying daily, and holding everything you can. Because when the real buying starts, this SP could be anywhere. But I suspect that from what management is saying. They'll put in some small buyback program every year, and they won't even need these stupid Funds, that haven't stepped up yet, to start driving these MM's out of the share price. These Exchange Whooores will be gone in a couple years.
Oh, you can keep trying to steal some shares from their games daily. But what's the better strategy? Look at Luckyeleven. Nice Fella. I pegged wrong. I thought he was abasher. But he lost in the fake exchange today. This is a daily casino that they play in. The reality is that th Bomber is not the looser company, that people once knew. It's a winner now. So instead of trying to beat these crooks. Steal as many shares as you can afford to hold to, and keep them.
2025 isn't that far away. The party will start in 2023.
Btw. Poutine is not a stupid guy. He's one step ahead of the US. He invaded Crimea, Georgia, Ukrane, even Afganistan, way before the US invaded Iraq, or Afganistan. Our idiot here just invites every citizen from those war torn countries so that we can give them Pensions. That's my political statement for the day.
So what's the lesson of the day. Who gives a shite what's happening in the world, or even interest rates for Bombardier. What do those external things have to do with Bombardier's SP? Nothing. You are being fooled everyday in this casino. Btw. Club, were you able to steal any Bomber shares today? If anyone could, it would be you?