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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Comment by whodathunkiton Dec 01, 2003 12:31am
354 Views
Post# 6720319

RE: Why is BBD struggling ...

RE: Why is BBD struggling ...I think you have missed my point. My response to your post was simply to point out that many of the things you said were not facts but opinions. I have no problem with people stating their opinions but to call things facts that are in reality opinions means that you lose some credibility. As I also said, it's nothing personal, I simply want to separate fact from opinion. Good investing requires factual information from which to develop an opinion to invest or not. If as you say there are many inaccuracies in my response to you please feel free to point them out. In order to enjoy a good debate, one must respond to comments made. Not so as to be critical but to point out why you disagree, and/or to correct an error. You ask me to justify and validate the latest 80% rise. That assumes that it needs to be justified. I don't think the rise is the issue. A stock could be undervalued before and then rise to it's proper value. Then of course the rise would appear large but that would be misleading and in my opinion not a wise way to judge a current share price. I believe the real question is whether or not BBD shares are worth what they are priced at today, not how much it has risen in the last 8 months. Current concensus earnings of $0.27 this year and $0.36 next year puts todays price at 18.9 times current p/e and 14.2 times next year. As an investor I have to form an opinion as to whether I believe the estimates for this year and next (based on market conditions yadda yadda), and, at what multiple am I willing to pay. That is also the reason why 2 people can look at the same info and come to a different conclusion regarding worth. Cheers.
Bullboard Posts