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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

Comment by PabloLafortuneon Aug 10, 2022 12:23pm
171 Views
Post# 34885176

RE:RE:RE:RE:RE:Earnings Estimates for Q3 and Q4

RE:RE:RE:RE:RE:Earnings Estimates for Q3 and Q4Give it time. They say the market is forward looking but when it comes to turnaround situations like Bombardier, its definitely a rearview mirror operation.  Even though that fellow Taleb has essentially told the street that they underestimate the upside from the long tail and the downside of the high flyers, they keep doing it over and over and over - its human nature.  If you had a bad experience with Mercedes for example (I've had good experiences) in the past, your first instinct is never to buy one again even though maybe their cars are very reliable now. And vice versa. Especially here in Canada culturally speaking.  Because the devil is in the detail and its not only that most don't know the detail but those that do their analysis of the detail are jaded by their past (negative) experience..And there's a lot of that to be had with Bombardier (negative experiences).  Best example I can think of is AMD and Intel. At one point AMD was trading at 1/200th of Intel market cap and now its market cap exceeds Intel's. When it was 1/200th, did that make sense broadly speaking considering the 20-25/75-80% market share split back then and Silicon Valley's history of innovation and new products rendering old ones obsolete? Obviously not. But investors had been disappointed by AMD over and over and over again.  Yet there it was for the taking. What is for Bombardier valuation wise relative to peers is not a $31 stock. The $31 stock reflects as a whole the past experiences of investors. Over time those bad experiences will be replaced by good ones. Give it time.
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