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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. > BT off the book?!?
View:
Post by GuiGau1 on Dec 03, 2020 12:35pm

BT off the book?!?

How they could not display BT results in Q4? (off the book?!?)
If we get good result in BT, we must know ... Do they said that just to calm down people, like even if we make 200-300 millions this quarter with BT the deal with alstom is done and final and no more discussion... ?

I don't get this "off the book"    it's still bombardier leading BT
Comment by johnney on Dec 03, 2020 1:06pm
GuiGau1, i don't get this either, it looks like Martel said on Q3, that BT would be written of the books, that,s what i've been told here from a member!
Comment by Shamhorish on Dec 03, 2020 1:11pm
i think this was necessary to prepar for clean and fast transaction BT had to be on its own completely for prompt transition to Alstom yes, it is done deal, WE LOST BT, AND SELLING IT CHEAP AFTER RESOLVING ALL ISSUES AND BRINGING IT TO PROFITABILITY but, it is over we do not know if there is profit from bt in Q4 will go to bbd or BT then to Alstom
Comment by raphaelle2 on Dec 03, 2020 1:17pm
Why dont you look at the Q3 results first before asking nonsense question. .
Comment by Shamhorish on Dec 03, 2020 1:35pm
rapaelle, please remember there is no "nonsense question. ." unfortunatly there are un polite Answer
Comment by PabloLafortune on Dec 03, 2020 3:14pm
By the time they report Q4, the deal will have closed.... They will get the $4B + the $400M they put in Q2 (my guess - from Q4 cashflow?) less the shares they agreed to take in lieu of cash which they will either keep or, sell and convert into cash after the lock up period. In case of doubt, the bonds (and prefs) have shot up as a result - the 2027's which I was beggin them to buy in the 50& ...more  
Comment by johnney on Dec 03, 2020 4:11pm
PaboLafortune the 2027 Bonds are now $0.88, is that worst when it goes up, cause i'm not too familiar with this! But for the company does this costs them more!
Comment by johnney on Dec 03, 2020 4:04pm
GuiGau1, on yahoo finance for the bomber for the Q3 results2020, the company said: As a result, the Transportation buisiness results have been classified as discontinued operations since 30 sep.2020!