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. > Another tough day?

<< Previous

Bullboard Posts

Next >>

Comment by BBDB859on May 11, 2022 10:25pm

351 Views

Post# 34676479

RE:RE:RE:RE:Another tough day?

Amen to you last statement

"Hopefully, tho, we're near a bottom and the company's impressive turn-around efforts can shine again."

I'm really surprised at that BTW. I would think that Investment community both retail Contrarian, or some Risk taking Institutional Investment funds, haven't jumped all over the stock to prop it up. Given the 5 consecutive Positive Quarters now. 2022 is going to be a great positive year. If they're predicting $287M in Q1/22 loss which btw has to be adjusted in Q4/22. Then I say that 2022 will show close to $150M in profit.

Even with the Buy back they just did, the SP just climbed only a bit. Why I don't know. I think Bago could be right. Nothing but heavy profit taking, along with some heavy duty shorting also would justify such heavy drop.

I think Macro is one thing. Though I think Micro isn't too far behind when it comes to this company. Even retail has it out for this company. The dual Share structure, the heavy loses of the past, the Debt. The sentiment, and trust doesn't come back this easy, even from retail. Cheers

Truthifest wrote:
Macro is still in control of this stock, as it has been for half a year now. While the wealthy individual customers are not impacted as much as others regarding inflation, price still matters, as does their wealth, which is rapidly declining with the stock and bond mkt bubbles bursting.

And the corporate customers, also a biggie for the company, have to be getting weary of such a major purchase with many economists predicting recession within a year or so.

Then of course there is the 'dump the cyclicals and heavily indebted stocks' movement that isn't over yet.

Obvious stuff, of course, to every rational investor, and a great lesson for those who haven't been. Hopefully, tho, we're near a bottom and the company's impressive turn-around efforts can shine again.