RE:RE:Bombardier: After Market Service And Defense Growth Levers"3 - extremely interesting where they don't want to use General Dynamics Gulfstream division which reports separate numbers for that division. Ballpark (excluding delivery problems) that divison is very close to Bombardier, they even have a business jet military application." I noticed the mistakes too. When I read this article, I took to be more like the FOOL's type of work. Especially with Revs mistake for 2023. How can an analyst write such an article and make such a stupid mistake and expect to be taken seriously?
Letsmakemoredol wrote: thanks for posting, but I note a few comments in quickly reading it,
1. "BBD.B expects to generate revenues of approximately $7.5 billion in 2024" - its wildly expected to be $8.5 billion, it was $8.046 Billion in 2023.
2. " I rate BBD.B as a Buy, with a price target of $112.50, derived from a 9x EV/EBITDA multiple for 2025, in line with industry peers." - so NBF derives a PT of $128 based on an 8x EV/EBITDA multiple. Someone is wrong and I'll pet NBF is more correct, as 9x @ $112.50 seems low. Industry peers, as I recall and could be wrong, are also around an 11.7x multiple, not 9x.
3 - extremely interesting where they don't want to use General Dynamics Gulfstream division which reports separate numbers for that division. Ballpark (excluding delivery problems) that divison is very close to Bombardier, they even have a business jet military application.
It deserves a more thorough fact check. Its a positive article, but just read it with fact checking in mind.