Post by
Shamhorish on Oct 26, 2020 12:58pm
I GUESS THE ONLY WAY NOW IS UP
OF COURSE we will still hear some nigative this or that
but they said Alstom deal will fail, and drove the share price below cdn$ 1.00
they were wrong, deal is confirmed
they said Spirit will walk away, they were wrong, deal is confirmed and signed
now theu will say bbd got 275 mil instead of $500 Mil, they are right, but this only half the story
bbd was supposed to get $500 mil cash and spirit will assume $500 of bbd liabilty total 1 bilion
today deal bbd will get $275 mil in cash, spirit will assume 825 mil of bbd liabilties, total 1.1 biion
but the deal still will be worth 1.2 bilion for bbd
so in my opinion, it is all good
if bbd Q3 is good (ba delivered at least 28 bus. jets which is good) depending on BT results
we may get a good surprise
Comment by
bicente on Oct 26, 2020 1:05pm
we have to start getting " good surprises" soon , the share price can't continue this downward spiral much longer ... GLTA
Comment by
Shamhorish on Oct 26, 2020 1:09pm
uptow, bbd share price is holding well, while world market are bleeding RED RED RED we do not know how it will be by day end or tomorrow LET US HOPE FOR THE BEST
Comment by
flamingogold on Oct 26, 2020 1:06pm
I would like to be as optimistic, but there is currently no cushion left in the price. Election in a week with results likely to be challenged, markets are near highs, covid raging again... shorts have the opportunity to push it down some more.