bird’s eye view I posted the BBD was up 522% in last 3 years.
Why use 3 years and not 5 or 1 year? OK. Fair enough question.
I regard 3 years as the start of NEW BOMBARDIER.
If you go back 5 years Bombardier had Train and Commercial plane businesses which they sold 3 years ago in 2020. Old Bombardier’s financials were very complicated. When one part was doing well another part was doing badly. Very confusing.
And why not 1 year. Because I believe Canada has been in recession for the last year which explains the lack of growth. And during the last year NEW BOMBARDIER has been doing very well. Beating expectations quarter after quarter. The one-year problem is not with NEW BOMBARDIER but with the general economy.
3 years ago, is when we got Eric Martel and the new management team that I think are doing and excellent job.
Enjoy the weekend.
All the best.
Snowey.