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. > JMHO

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Comment by BBDB859on May 24, 2024 9:37am

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Post# 36055598

RE:RE:JMHO

I concur with this statement. This is the bottom line

"In the long run, the trend is our friend, the rest is noise."

flamingogold wrote: 859 I would agree with this. We got a little overbought along with the general market. Overshoots are normal. The S&P is off only 1% from its high and the DOW is off 2.5%. These percentages could double and the trend would still be in tact. The US will be holding rates for a little longer than us and the EU but make no mistake... rates will be coming down sooner than later.

In the long run, the trend is our friend, the rest is noise.

BBDB859 wrote: When I see these kind of fluctuations from day to day, I think.

There are a couple of reasons for this.

1) People wanna sell at this price, and therefore the price dips, from those sellers. If the supply of the shares goes up, the demand price goes down.
2) Manipulation, just so that manipulators can get cheaper shares, because they know the share price is heading to where every Brokerage house is saying it is for this company's shares. From the $80's to the $180's.They're just shaking bushes to get cheaper shares from the shaky hands. Some people maybe happy to sell for $92, or now $84. So that's what's going on IMHO.

I'm staying the course, just because this company is on a great trajectory financially, very soon (2025). They'll have $1B of +FCF yearly, $3.5B in net debt, $15B backlog, and management wants to create shareholder equity. On top of all this, we have a small float, and this float is sensetive to these ups and downs. But generally the trend is up from now on. Just saying, hope this helps.