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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

Post by Acuras1on Aug 02, 2024 11:02am
207 Views
Post# 36160839

Time to open the purse?

Time to open the purse?As much as I like the company and what management has accomplished in the last few years, the desired (required) institutional ownnership at current approx. 23% isn't yet very significant (albeit slowly growing).. Given continued improvements in nearly all metrics (ok 9.8% margin weak but likely due to inventory buildup)..My take is these SP corrections need to happen to attract further interest from institutional. At near $100 recent price the boys just buy and sell amongs themselves - explains low volumes of late.
GLTA
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