RE:RE:RE:RE:RE:$100/share in sight... time for take offHi Pablo.
Let me clarify. I would like to say that my previous post is 100% right. But as far as Gross Margins go? It's all guessing. I'm doing it all by memory from all the Bomber's competitors Financials that I've read in the past. I'm only writing the 25% Gross Margin, from memory, from I've read from ER's for Gulfstream & Dassault. But we have to remember that both Dassault & Gulfstream have Military contracts, and in Gulfstream's case even ownership of other companies that parent GD has. So Gross Margins for their BJ's division could vary from 25%. But I do seem recall reading, that the BJ's margins for all BJ manufacturers was in the range 25% Gross Margin across the board on average. In fact I recall reading that, they were saying that the Bomber's Gross Margins were way bellow the Industry average. Either way my guess is that, when Bombordier gets its act together, after all this debt repayment, and money they are spending expanding for the Service & Manufacturing facilities, that we may FINALLY get a clear picture of what the company's
real Gross Margins will be. This will only become apparant, when they finally finish this spending cycle transformation. Remember that Financial Statements are easily manipulated by a smart accounting firm. So let's see where we'll be after 2023, and see a consistant Gross Margin patern to determine what the actual Gross Margins for the coming 2024 & on years will be, for the company. BTW? What are you implying with term Chapeau. Isn't that HAT in French? I remember it from one of Dr. Suess's book, the "cat in the hat", that I used to read to my kids. As for the $8.7B in Revs. It's my guess again. Just do a 10% to 15% Rev increase Y to Y. So 2021 they did $6B, 2022 they'll do $6.6-$7B. They're increasing production in 2023 by 10-15% and by 2025 they should be there ($8.5B range) because the Service Revs will be maturing as well. Cheers
PabloLafortune wrote: 859, I just read RBC's ebitda guidance update. So obviously I'm out to lunch with my 20% gross margins, your 25% closer to what RBC is saying 27%???. Being somewhat prudent (paranoid?) tbh, I'll believe it when I see it. Ditto for the $8.7B revenue. But if it comes to pass, I will only have one word: chapeau.