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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

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.


TSX:BBD.A - Post by User

Comment by BBDB859on Feb 23, 2024 9:23pm
211 Views
Post# 35896807

RE:RE:RE:RE:SP

RE:RE:RE:RE:SPHey Nordico.

Honestly, they can't afford $1mill wasted. That said. What I'm saying by wasted is simple. These Shorts will eat up every dollar the Bomber invests in share buybacks in the open market. They're that organized, sufisticated, and helped by the Naked shorting rules. They'll just eat every buyback dollar, and then drop the price again. It's like throwing bait fish (cash) in the shark infested water (stock exchange).

As for as the Reserves. They only have $1.85B. Which about $600 mill this year (2024) will go to Inventory build up. The rest $1.2 B is cushion for anything else. So, feeding the sharks in the open water is not a priority. They're not even paying any LTD off until the end of 2024 ftom the Reserves, just because there is not enough money to do that. They're increasing producton to 155 planes, so they need the cash in 2024. I don't know where you're getting $2.4B in liquidity. They only have a $300 M  LOC.

I think the US listing,  and a yearly share buyback program, is a great tool, along with a small Dividend all in 2025, will help the SP tremendously. First though they gotta get through 2024 transitional year.
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