RE:Entreprise familiale The problem is the family for sure. They want to retain control so they rely on debt to finance the company and we saw what that did to the company in the past. Spent so many billions on interest over the last several years.
It's so obvious: spend hundreds of millions every year on the future, company gets bigger, stronger and more profitable. Spend the cashflow on interest payments, remain in servitutde. Spend on futures using borrowed money, forced to sell everything but the kitchen sink.
The LTD is $5.5B, it should be closer to $2B. What have they done in the past 12 months on that front? Very little.
Il semble que a leur passe 100 pieds par-dessus la tte.
Also, the US listing is a no brainer, 10x the # of retail investors, probably 50 or 100x that don't have an unfavourable view of Bombardier. Every effort should be made in that regard. Any statements or plans? Nope.
If it's not feasible understandable but say so.
That Q4 2023 results date is important not for the results but for what is the concrete tangible plan to address the debt?
They simply have too much debt and while the backlog is good, they are not fully prepared to weather a storm and the market knows it.
//Rant over