Some lessons from the stock marketAs Levieillard has wrote, what we think Is irrelevant. Only the market toughs are important.
Bombardier is a pure player OEM, as it, it is frail at all headwinds or only theirs warning signs. TXT and GD , which have strong presence in the biz jet market, didn’t feel these warning signs; they can rely on other activities.
I post an article about the biz jet market a few days ago, a specialist of this market talked about some weakness seen in the market. And this morning, the margin and FCF are sightly below expectations. I don’t said that I believe that there are some trouble ahead; only that some investors are wondering.
This pure player fragility could be a reminder for those who called for a 200$ SP in 2025 or an investment grade rating in sight.