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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 BBDB859on Jun 17, 2022 10:54pm
497 Views
Post# 34766343

Credit Suisse

Credit SuisseCredit Suisse has bought 50M shares in 2018 at $3.75/S. Which they've kept until now. It looks like they are selling all their shares  At 25 to 1, after the R/S, they have 2M shares only. I saw 2 big trades of 241K & 242K in Georges post. But they sold to themselves. Other smaller trades of $80K, 50K, 70K, etc. whent to Anonimous & quite a few Canadian Banks. I don't know what to deduce from that except that Credit Suisse may want out of holding the Bomber shares, for 4 years and are fed up with holding them. Their Average price for those 50M shares in 2018 was $3.75. Hard to figure why they would take such a huge loss now, and are selling. Their break even after the R/S is $94. Maybe they averaged down somewhere along the line? But if they didn't? They are taking a huge loss $60/S, if they didn't average down? That's $120M loss after 4 years. Why would they do that, when the company's shares are starting to see the light?
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