RE:RE:RE:RE:Potential revenues 17 billion$Honestly Lets.
I thought the same thing. Thanks for verifying this. Why can't they not spread out the investment, rather than take the hit immediatly. There could be an explanation that, we are getting the cash equivalent either way, and it's been put towards the JV. That Bombardier wants that cash to be held "in trust" to pay for the JV responsibilities or cash calls. That is a possible scenario.This happened with the Alstom deal, that the Bomber had to put $400M in court to be restricted for 2-3 years pending the result of the decision of the court case. T
his is the problem with no info period. Can you imagine if they gave us a tidbit of info, as to what's unfolded, and how much easier it would be for shareholders to be able make decisions. The shareholders in this transaction are held hostage. It actually is a real disservice to the public. Makes you wanna cry foul. All the executives who sell their options here, know what's happening. How's that fair?
Letsmakemoredol wrote: BBDB859 wrote: Hi Temp.
All good questions to which we don't have answers.
Your concluding point about them not disclosing any material changes is right. They probably got it all in credits to future purchases. This though limits them, to buying HON products only??? It even gives HON the Bomber business for that credit.
Not only that,
but they also have to participate in this HON expensive JV. Tell me what that means? Does it entail a heavy investment in the Bomber part? No disclosure.
I don't know why HON is reducing the Revs side. Maybe this new poster here Levie can explain it.
Tempo1 wrote: Back on the 400 M$:
My humble comment.
I'm perplex.
I believe that the rule is: they have to publish any material changes to the forecast. A 400M$ is material for sure. Otherwise the insiders would have undue advantages. Honeywell did.
So, if there no disclosure, there no material change on the Bombardier side.
Is Honeywell writes provisions for the future discounts ? It is possible but why lowering the sales by 400 M$? Sales are sales, provisions are not possible in the sales account. Accounting rules for sales are detailed and mandatory.
If anyone can explain, you are welcome.
859, if that were true then the cost to honeywell would be spread out over a long time, instead they are taking an immediate hit of 500M to FCF