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

Industrials Aerospace & Defense

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.

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Bombardier Inc. > GLTAL

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Comment by flamingogoldon Apr 03, 2023 10:58am

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Post# 35376126

RE:RE:RE:GLTAL

My my exit strategy is based on a mix of metrics. Like you 859 I have been an owner since 2016 of which most of those years, as we all know well, have been an emotional and financial struggle. With the turnaround providing positive results only in the last 18 months or so, it's still way too early to sell and I based it on the following.

First, given all the positives going forward, there is no reason why we do not surpass the old 2018 high of $139.50 ($5.58 pre-split). Second, we should be receiving credit rating upgrades from Moody's and Standard & Poor's. Third, fund buying will then kick in. Fourth, a forward split as you describe that increases the float to widen the doors of entry for the retail fence sitters and the big money fund managers. Fifth, a re-instatement of the dividend. And finally, the wildcard is the Defence Division which in the latter half of the decade.

So, I can see myself exiting in 10% increments with each of these milestones which would leave me holding roughly 50% of my original position, all of which would be free shares by then.

BBDB859 wrote: I'll start to reduce my holdings at around the $120 range, if they split the the shares, as I expect. I have far too many shares, that I've been holding for over 7 years. The only reason I would stay in above the $120 range, and NOT sell anything is? Is if the stock doesn't split till the $145 range. I have a good feeling, that we could use a split in that range. The reason why it should split is? As I said before, is that, this stock is going to stay strong for some time, past 2025? I feel that the 25 for 1 was unjust. And that splitting forward, will give the Investors some shares back. It's good for the Family as well. As our shares will surely climb after the split again. If we have around 300M shares outstanding out there, it's still a reasonable amount of shares. The other thing is that the SP we come down to $40 to $50 after the expected split, and will attract the smaller Retail investor again, that may want a small dividend, from a company with a steady SP growth, and great EBITDA. This $40 to $50 range for the shares is still attractive for Investors, and they will keep buying because the company will be successful then. With all the fears of high LTD slowly going away when they reduce it further in 2024 to say around $4.5B. Then the Company/Family could even think of implementing a steady Share buyback Program of say $100M yearly, where they can Increase their Company holdings, and reward their Executives.This will propel the SP as well, and they can start putting some profit back into the Company?

I hope the split occurs, before 2025. Somewhere around mid-2024. That's when the Pearson plant will give the Company a BIG BOOST, in Increased Ramp Up, at a cheap production price. The savings from Pearson, will propel the company's future supply capabilties. But will also be a game changer in the EBITDA portion of the Equation. I feel that if they keep CAPEX down and Margins up, without making stupid mistakes on spending needlessly? We will have some GREAT years of Profits ahead. After all. Isn't this where the Family wanted to be? This is what they were Invisioning when they developed the CSeries. Why I say that Pearson will change the production facilities for the Company is simple. When Pearson starts operation in 2024, the Company is just going to start to feel, the Pearson Capabilities. That's when they'll start tweaking things to get great value from the Plant. They'll get to the point where machines, are really replacing Employees, and they'll Invest more in that side of the Production Plant. For me 2024 is "great times ahead", and that will equate of course to great growth times, for the Share Price.

Enjoy your shares. You earned them.

stockitnow wrote: Mine is $145. At this point I will be debt free, but will leave at lower point if a lot of indicators show downside, which there isn't now. However I will not wait forever to reach $145, i will stick around for 2 more years.