Bombardier Inc. T.BBD.A

DEBT

[Lukegermany]

Hey i hope all of u understand my english. :-) In my opinion there is another Point that will help us very much. The EUR/CAD Exchange rate go in our Direktion, u can correct me. But i remember that bombardier has debt 9,5 Billion/CAD. We will recieve 4 Billion EUR what is actual 6,2 Billion CAD. 3,3 Billion Debt would remain in my opinion. The EUR ist very powerfull at this Moment and we will participate from this. For me it is not so good because i buy my Shares in EUR but for the bomber it is a huge Bonus that they get i think. suggestions?

[HopefulJuan]

Alstom shares are euro based as well

[johnney]

Lukegermany, the debt is not in CAD money, it's $9.3B US, big differance!

[DrSpec_]

9.5B US is not correct please educate yourself..it says US$6.5 billion in net debt https://ca.finance.yahoo.com/news/debt-left-bombardier-tsx-bbd-172531797.html

[bicente]

the bottom of the story says different : In the first quarter, Bombardier reported US$1.6 billion in negative cash flow. The COVID-19 crisis will leave it with US$10 billion in debt as it will need the US$2 billion in cash reserve to withstand the crisis. There is very little probability for the stock to recover. Hence, investors should stay away from this stoc    

[johnney]

DrSpec, presentally now before the BT final sale, Debt is $9.3B US' do some search!!

[Lukegermany]

Ok 9,3B U$ but it's the same.. The Bonus is in US better than in CAD..the debt remains higher but the Bonus will be still there!

[HopefulJuan]

Not to argue but the C$ is up as well against the US buck. Small percentages on a big scale do add up. We'll see where they are at once it is all over. Share price is far too low but that is the game.

[DrSpec_]

After BT sale just check the Net Debt to EBITDA Ratio and everything will be easy to understand..even now that important indication is good but since BT is bleeding money company is showing bad fianncial numbers at the end.. Just wait for at least for Q32021 and and you will see a big boom in stock price. Now it is artificialy kept on this historic low 

[johnney]

DrSpec, BT bleeding belongs to the past now!

[HopefulJuan]

Odd how with BT off the books post Q3 they are still releasing BT related news. Sad to hear of the amazing high speed rail technology BT developed and have now basically given away. Same story as the C series. Thgird time lucky with the Biz jets

[Shamhorish]

in my opinion BT was not given away it was stolen in day light as the c series was stolen thet, first created problems for 1- c series delays, engin fire, P&W delay in engin delivery, boeing bullying etc  2- for BT contracts with new tech, low price , no reasonable time fram for deliveries that caused debt piling, then CDPQ came to help bbd by offering 1 billion loan at 7.5 - 15

[Guillaume]

First the debt come for half from the dead lear85. Second, the cseries is not a luxury plane. It s not because you deliver the first plane that you make money. Industrial production is like a circle. Everything depend on how much you think you will sell and this define the production rate, your unit price and your investment during the ramp up. More you are embitious and more you have to

[johnney]

Guillaume, you, what are the chances that they get out of their mess, without leaving any traces with one division left, even once Alstom BT deal closed!

[Guillaume]

You know, Alstom was a big company when i was young. (Nuclear, telecoms, rail...) Then it has been a national drama what happened with GE. (With also the same US methods to kill compagnies thanks to the justice extrateritoriality). But look, today where they are... Not bad :) So you never know what will happen. The only thing i found sad here is the lack of nationalisme. Everywhere in the world

[johnney]

Guillaume right, sad but this is true!

[johnney]

Shamhorish, i agree with your post! CDPQ helped but with high intrests, i do not see this as a gift, and not at all! Those high interests, and all the others problems combined has put the company here where we are today, hope they will make it, especially with this pandemic going on!

[bicente]

I'm one of the most dissappointed investor with regards to losing the Vseries and BT but it now looks like an inevitable move for the bomber's survival ... clearly they would not be able to sustain the debt and legacy contract fiascos without the money coming from the deals and the removal of the futur moneys needed to bring those contracts to term ... the company was in worse shape then

[johnney]

bicente, me too i'm part of it, one of the most disapointed investor, and sure agree with your post 200%

[johnney]

HopefulJuan, i find it strange too, off the books since Q3, and still releases BT news!

[bobismydad]

goes  good with raspberry pancakes