RE:RE:RE:RE:RE:Q3/24 Revs 859, thank you for the info, but I am very familiar with BBD and everything you said is nothing new to me. I am well aware that BBD sold Belfast to Spirit in 2020 and that BBD builds inventory in Q1 and Q2 for the heavy delivery schedule in Q4 among many things. I'm well aware of the tax free income BBD is entitled to, etc and many other things. I listen to each ER call live, fully reviewing the financial statements before and listening to the questions analysts ask and the answers given by Eric and Bart. I know all about the Honeywell lawsuit which I believe is in the Supreme Court of Canada, appealed there by Honeywell. Lets leave it at that and of course, this is all said with respect just to make that clear. I would hope by now in my writings these past weeks I am an experienced investor and thoroughly investigate companies before purchasing a stock. thank you
What I don't know is the status of Belfast, how ancient it is, how inefficent it is, union agreements, and of course the biggest question is how much longer is left on the supply contract etc. If it was me before I would have sold I would have written and signed a long term supply agreement with set prices, but that is all just a guess. I would like to make an opinion for myself. There is extremely little info online other than conjecture. From what I can tell since looking at it, my opinion is why do we want a dogs breakfast.
the stock still tanks as evidenced by Q2/24 ER and in my opinion on that one largely because of the uncertainly of Spirit/Belfast, unless you have another opinion?
I have also looked into a motion at the AGM to get onto the NYSE or Nasdaq but we require 4.9 million votes just to make it to the AGM for a vote. I was going to write separately about that, but once I got the email from Francis I felt deflated. No idea where to get that many shareholders together. Happy to start a fresh post about that.
Oh, and lastly I am not an accoutant, CFA or anything similar either.