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

Industrials Aerospace & Defense

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

Bombardier Inc. > SHARE PRICE vs FIN RATING

<< Previous

Bullboard Posts

Next >>

Comment by BBDB859on Mar 28, 2022 2:43pm

140 Views

Post# 34552926

RE:RE:RE:SHARE PRICE vs FIN RATING

Hey Pablo. Welcome back. did you miss us?

The new Balance sheet is cleaned up or getting cleaned very well. It's finally readable. The old Financial Statements were just a mess as you know. When we had all those divisions, it looked like a block of swiss cheese and the company and thus all the shareholders were paying for the holes in the cheese. Cheers

PabloLafortune wrote: If you look at the past 9 months, the balance sheet has performed rather well even though they paid a lot of interest, dividends on prefs and incurred costs to buy back the debt. Also, they probably have one time costs in 2021. If they can somehow reduce the debt and/or lower the interest cost...

The share split if 30:1 will cause a lot of odd lots. In fairness, they'll have to implement an odd lot buyback program (no commissions). That could also significantly reduce the shareholder count. "A" shares float could drop to low 7 figures potentially.

Interesting times.

PS - as stated before, symbol PD did a 20:1 reverse and that has gone very well.