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. > Disappointed with the reverse split

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Jun 14, 2022 1:07pm

140 Views

Post# 34755505

RE:RE:RE:Disappointed with the reverse split

$21.75 has to hold (87¢ pre) or else this is going to the dogs again.

clubhouse19 wrote: If that is the case about an offering as I suggested in the past with no other accompanying news, then you cud bet they will take this lower.
IMO it was better to do nothing or decrease position and wait till this plays out.
The market certainly doesn;t help and anyone buying into this now or just added prior to split is looking for trouble.

Istill don't see management, even though stated, that this move would decrease volatility or manipulation as their sole reason for the reverse split.

But that is just speculation now but still doesn't deter from the progress made and is still making. And long term still looks better.

flamingogold wrote: I think this "attached news" is coming but it won't be to longs liking. Dilution/capital raise will likely come at a lower price to the benefit of the partner and the family but to common shareholders we will suffer further. Disappointed as well.

balmusette wrote: Most of us had doubts with this reverse split since this cosmetic move is often associated with trying to insuflate some life into an anemic sp, and often with little success.

Since Bombardier has technical people smart enough to build state of the art business planes, I can't believe that they don't have competent business people as well to give them top quality advice.

To go ahead with this rs must mean that, like Clubhouse has said, this has to be attached with something else, otherwise they almost seem amateurish in trying to fool the market with just this move.

It gives non deserved negative vibes towards the company and we saw the results of this yesterday and today.

So I hope good news ,attached to this rs, are coming soon