RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:All I can say is WOW!Hey Transit.
I was trying to find a different way to find the true EV (Enterprise Value for the Bomber). I realized, now that the Bomber is profitable, the company itself or what's left of it, is worth way more than when and what we sold BT for, which btw, was bleeding cash. So I was just trying to do an Evaluation for the newly created company Business Aviation (Old BBA before 2021), to see what the real or true value of the current BJ company is worth.
The way this started was with Letsmakemore's post reply to Tempo's post. I thought that we could play around with some #'s, and see what the real CURRENT value of the company really is. Therefore the real shareholders value of the SHARES. You see, I hate this EV =
MC + Total Debt - Cash on hand formula, that these Anylists use, in evaluating the EV (Enterprise Value), by the these Institutions to evaluate a company's value. So since Letsmakemore is new blood to this Discussion Board, I thought, and he agreed (Letsmakemore), to play around with the idea to try to find a better formula for EV, so that we can find a better Formula for Evaluating the real Share Price value, according to
real & current financial numbers from the company.
Now I still think that the EV = MC + Total Debt is -Cash is a good fomula. But I don't agree with the Stockmarket Evaluation of using MC (Market Cap) as a variable for the EV formula. Because the market is
MANIPULATE IMHO, I think we could use a better variable instead of MC. Let me explain why. T
the Market Cap is based on the SP value X the outstanding shares. If the stockmarket is manipulate,
then MC is a manipulated #. So I find it incorrect to use a manipulated # MC, to find the true value of the company's worth.
To find the EV I though we could use the
Income Approach to get the real value of the Bomber. Since Bombardier is just another piece of Real Estate Asset, and I'm a RE Man, then it just stands to reason that, I would try using some other approches for the Evaluation. This
Income Approach I used in the post, was based on the company's EBITDA. It's a lot better, and more accurate, than MC. If Letsmakemore and even Tempo & Pablo, and/or anyone else wants to add to the discussion, I'm open to it. It will be fun trying to figure out the true Value of the Shares. We can even start a new post thread here.
So to answer your post Transit. Yes the $220 USD in the example that I used is around $303 CAD, at the end of 2025, if and when the Bomber's 2025 EBITDA is $1.8B. And if 2024's EBITDA is $1.4B-5B range then it's worth $189 USD or $257 CAD.
Remeber,
these are just rough numbers and this,
is just MY HUMBLE OPINION. So don't hold me to it. We're just discussing here the possibilities of TRUE EV, using the Income Approach. Please do your own DUE DILIGENCE.
Transit77 wrote: So your saying the potential future SP is the following based on todays exchange.........is = to
220.00 US Dollars = 303.50876 Canadian Dollars
1 USD = 1.37959 CAD
1 CAD = 0.724856 USD