RE:SHARE PRICE PROJECTIONI agree totally Star. If these institutions lose the opportunity to make a huge profit? They'll be knocking themselves on the head. I've never seen a better example of solid or real, Financial results, and forthright direction given a Bombardier Management team since I bought in in 2016. With Bart's monetary enlightment, in tune with Martel's assertivenes on the company's overall market standing, it should have opened the Institutions eyes to take advantage of the low entry point. I am especially fond of Bart's analysis of the future direction of the LTD. And also look forward to an agressive 2023 from Bart, to make at least a couple of Senior Note Redemptions in 2023. Their minds are focussed on future Debt reduction as it should be, putting debt in first place, and not making any changes to their company's long term successful monitary transformation right now. Their work should be foccuessed on deliveries and managing those deliveries given all the Supply issues that they are faced with. The rest will take care of itsefl. I also have a good feeling right now about their Guidence as well, and they are a much more confident bunch right now, and have become bolder about their predictions, and their money making capabilities, The +FCF will follow. To predict a $500M FCF change, from a $50M FCF is a huge change IMHO. It makes them a solid cash generating business. You can see they are becoming a more confident bunch.
I'll have a look at the statements more carefully probably this week or on the weekend. But I am impressed with all the changes that occured so far in 2022. Makes one want to buy a few more shares. Who knows? I may just do that in the near future.
Starsearcher80 wrote: For a starting point, even with previous guidance, Bombardier had a heavily discounted share price. With the current stunning guidance, Bombardier is now worth SO much more. Additionally, this guidance will attract a LOT of Institutional interest over the coming days.
Personally, I think we'll be seeing Bombardier move to the $35-$40 range in the short term. I would NEVER have said this yesterday. Today? I have no problem saying this at all.