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Bullboard - Stock Discussion Forum 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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > I must be doing the math wrong
View:
Post by CanInf on Dec 02, 2020 4:54pm

I must be doing the math wrong

assuming they can deliver something like 35 biz jets a quarter ... that's a lot of $$$$. 

I wonder what the average profit is on a biz jet? 

So long as the debt situation is sorted, we are talking a company that should have a market cap of cap of 10 billion -- see what I mean? I must be off on my math or figures.

Comment by raphaelle2 on Dec 02, 2020 5:46pm
Go to latest issue of : Les ailes du Quebec for a detailed projection of BA revenues for 2021. App 5.B US$ sales with 10% margin = 500 M EBITDA hopefully... But the real unknown is the. EV of BA ( Enterprize value) after BT closing which will determine the share price. We wont know this before end of 2021 Q1 results. E. Martel is committed to meet the analysts in Montreal before this. Prob in ...more  
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.
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