RE:RE:More to come...25 to 1 brought stability to bombardier stock trading and pushed alot of day traders away. 15 to 1 would not have had same impact.
Solid Q3 results will take us above and beyond the 100 mental barrier
More units build then last q3 is good, but it's after market which will propel the stock. Unlike building new airplanes, aftermarket sales and services does not tie down hundreds of millions of dollars in parts inventory cost.
Military has higher ebit, but it will take bit longer to build up the sector for bombardier.
Nordico wrote: The $100 mental barrier is why I will forever be annoyed that Bomber management opted for a 25-1 reverse split instead of say 15-1. We'd likely be trading at a notably higher market cap right now.
flamingogold wrote: $100 is still only $4 pre-consolidation and 39.5% below the 2018 high of $5.58. That is my first sell target. There are many catalysts still to come that will get us there and beyond. The big one will be a credit rating upgrade to investment grade and after that a return of the dividend. Both these will increase the appetite of large funds. GLTA.