Comment by
CanInf on Dec 02, 2020 5:52pm
merci. Remember when the board debated whether to keep BT or the biz jets... looks like the biz jets were teh correct choice. Those are somnebeautiful margins so long as it we can get the deabt dowb via a goo EV for BT.
Comment by
bingostar on Dec 02, 2020 8:50pm
IF i refer to BNS evaluation of the jet business it was around 12G$ if you deduct the net debt of 6G$ (post alstom sale)= 6G$ net valuation / 6.5 M shares = 0.92$/ share , We can double up but the path is not easy.
Comment by
johnney on Dec 02, 2020 9:08pm
bingostar, we got to get out of the penny stock level, faster will be, the better will be! Will look more serious, for other investors to come, i guess a matter of time!
Comment by
divestor on Dec 02, 2020 11:32pm
I'll accept your assumptions on the BNS valuation and net debt remaining of 6B. I'm not sure about the math though. I think there is closer to 2.7B shares O/S. So your 6B valuation/ 2.7B Shares = ~$2.22/share. I like it better... dv
Comment by
bingostar on Dec 03, 2020 9:08am
Sorry , you are right , i had 6.5 M shares in my memory but in fact there is 2.7 M . So 2$ target is more motivating than 0.92$ . Thanks for reading my post.