It's all about perspective AND numbers.......Some will call me a sucker for punishement for not trading this stock more agressively and missing lots of opportunities and so be it. My overall cost is around current price and I even bought as high as $1.65 or so pre RS. Since I essentially depend on my investments to fund retirement, holding lots of Bombardier shares (right now only common) would lead many retail financial advisors shaking in their $800 loafers:) Hey no one said this time around would be any easier!
It's been pretty brutal lately yet everytime I look at the financials I can't help smile because it will take the time iit takes to to return cash flow positive in a significant way. So far management has been credible by delivering or exceeedding on most metrics. Nice to see what looks like some institutional interest but it hasn't been significant as far as I know. Some will say analysts are too bullish still........I say whatever?
Just look at 2023 to 2025 consensus for EBITDA and FCF numbers and you can see how cheap the shares realy are.here. Hey none of this comes with warranty but look at what's been done so far?
As an aside: Has anyone here owned Intertape Polymer? That's another impossible turnaround circa mid 2000s now being brought pricate by Clearlake Cap..........
GLTA