BBDB859 wrote: I'm not defending the Moneman with this post here. I think you're right about the recession being here already MoneyM. I think that, Real Estate will have a real hard go of it in 2023. I think the high Inflationary preasure on comodities will continue. Inflation is not easy to bring.down given the damage done by the Central Banks. Especially here in Canada. I think the prices for Real Estate are still very high, and people that are using their lines, are still not hurting as bad yet. But that game of using their LOC's/HELOC'S is coming to end slowly. As they will eat up their Equity. It will take another full year to see some price adjustments, and some Inflation numbers to come down. As for staples like food? Food prices were up 10% in November, from October prices. We only saw a 0.01% decrease from 6.9% to 6.8% in REAL Inflation from Oct. to Nov./22. So that just verifies my feeling that Inflation will persist into 2023.
As for the Bomber SP. There is strickly nothing going on here. Every year around this time of year (X-Mas), people take profits or Tax Losses. It's just the nature of the game. My view is that when we hit the $120.00? And we will. Then they (management) should split 3 to 1. Because look at the SP right now, the $50.00 range is a comfortable price range for people. Doesn't mean that the Value of the stock isn't worth $120.00. But what I'm saying is, is that Investors,
LIKE this comfortable $50.00 SP range for any stock. Bombardier SP is going up because the company's fundamentals are getting better & better. In fact in Q4/22, there will be a big push for the SP to go up. Because the Shares outstanding are fewer, and more people will see the value of the Shares they're holding. Therefore the price will start climbing on the $93M shares outstanding. For those (Institutions, Banks, ETC) that want to accumulate they'll have to pay a higher Price.
But at 93M shares for a company with this Income/Revenues & Earning potential, the SP is very low at $50.00. In fact when Q1/23 rolls around and the people see that the LTD will go down to $4.8B and NET LTD will be $3.5B by the end of 2023,
then they'll realize the real value of the Shares. The SP will climb tremendously, because then as people will flock to the Bomber Shares.This phenomenon plays out in the market all the time. When there is blood on the street, buy Bombardier Shares as they are cheap right now. The fact is that the company
has, or will by the end of 2023 have droped $6.5B off their LTD in 2 years, since Jan.2021. When you take Net Debt into account, they would be at $7.8B paid down at the end of 2023. Like I said before here on this board. How can Bombardier pay off so much LTD ($7.3B) with only $3.6B receivable from the BT sale? Obviously they're making GREAT money.
So as an Investor you should start seeing the VALUE of your SHARES. Because when you sell them, other people will buy them, because they see the value that you don't see.
mtlmoneyman wrote: People are going through rough times and it will continue right into 2023-
Interest hikes will cotinue to rise and more people will lose their jobs-
many places are already in a recession
Even if The Bomber has a good quarter which i think it will who is willing to buy new shares in these times -
The stock could easily go back down to below 50.00 i hope not but it could -
If u are ahead of the game in share price nothing wrong in taking a profit-
as i have said before nothing wrong in owning cash -
a ood chance u might be able to buy at a even lower price -
Happy holidays -