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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 bicenteon Mar 26, 2022 4:36pm
279 Views
Post# 34548687

I’m not a fan of reverse splits but I believe

I’m not a fan of reverse splits but I believe It can be a good idea if the bomber continues on its plan . I've been through a reverse split with MT and it worked out well for the shareholders. Many people in the investment world said that there were too many shares outstanding and this is one way to limit the number out there. The family can pull this off very easily by under promising and over delivering on the FCF . It could be a good plan if they use this with a small dividend payout announcement. The bomber did say that they wanted to build shareholder value  and this is good news in the road to getting back into the good graces of institutional buying and back into indexes and funds . The bomber is fixing everything that was wrong with the company , one step at a time. They might not use this avenue but I'm sure they will if all the forecasts are aceivable .. the skies are blue ... GLTA 
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