RE:RE:RE:TD: lowest valuation in 10 years and 25% FCF yield 2025Tempo1 - I'm with you on the absence of an official plan past 2025. It's just my opinion but I believe they will not wait for 2025 to underline what the next plan is or is going to look like. We'll hear about it sooner than later in 2024.
I'm sure analyst will ask questions about this during Q4 in february.
Tempo1 wrote: I read the full report this morning. very positive. I buy the 2023-2025 explanations but for the second half of the decade, he didn't give any numbers. He could be right. ..... But there is no indication yet of the Bomber strategy for the post 2025 period and especially for the costs associated with it.
Martel disclose that they are stil developing the military side of the business for a 1 B$ annual sales goal, but what about the other aspect of the business?. In the dec 6 chat with Desjardins, he said that he don't see the need for a major reshaping for any model including the 650. (copy on my dec 15 post).
We still are in the 2023-2025 financial plan; there's no indication that they will disclose a 2024-2026 plan; we will have to wait later for a 2025-2028 plan.
So, like the TD analyst, we are all positive and confident in the management, but, regarding the post 2025 period, we have nothing to back this confidence.
Please, don't read that i'm negative, it's simply that I have an amount invested in Bombardier largely over the level asked by wisdom. So, I need some numbers to build an opinion.