RE:Bombardier's success is an evolving story & so far so good..Acuras
Rated as a speculative with the metrics that analysts use is very understandable. Going strictly by the numbers at the time, putting all else aside, it cud not be rated more than that.just by following their criteria.
All success form here on in is to those that new and belived in the history of this company with its inovations and which continues.
Unfortunately, the country and Province that should back it the most, Canada and Quebec, would rather eat their own for the sake of politics and the next election. I don't think no matter what aspect or reason for the potential of the reversal you look at, the company itself should be credited with that,,,they have taken their lumps and are moving on ending up giving more back than they ever received.
I look forward to the time that the Bomber will be calling the shots and giving the middle finger to those self serving politicians.
Acuras1 wrote: It has been a challenge to refer to owning Bombardier an "investment" over the last 10 or so years.
Rated speculative by every firm out there, and many were looking for zero value of the common shares.
No wonder it got trown out with the bath water over the shake down with the C-Series considerable disappointment. After the 2018 flop I simply considered my pre-RS shares as call options (by the way too many) on the company's survival. Out of favor doesn't even begin to tell how bad the story got! Well some of you here do I'm sure:) I just never thought the company would disappear.
But what's forgotten is the simple fact these guys have been very sucessfully delivering airplanes for nearly 4 decades and by the way world class airplanes, with an envious safety record and industry reputation.
Bombardier's ongoing turnaround's story remains barely on most people's radar. These people may or may not buy shares on their own accounts any time soon but you can bet their mutual fund / money managers will. Looks to me like the institutional side is beginning to get on board. Recent share price strenght suggest more and more are beginning to discover the new Bombardier.
Can't wait for year end numbers, GLTA