Bombardier Inc. T.BBD.A

🛬Dassault nears first flight of Falcon 6X

[BestGoldigger]

...bad news ahead !   ______https://www.flightglobal.com/business-aviation/dassault-nears-first-flight-of-falcon-6x-and-closes-on-future-falcon-launch/142745.article

[MoneyBoss]

You're bad news. That doesn't tell us anything. Their orders dropped lot during COVID, bombardier barely lost any. Common logic, who's stronger?

[Shamhorish]

in fact, his bad news about Dassault it says a lot it says that Dassault (and Gulfstream) are trying to catch up with BBD still did not obtained any certification, i would think they still have a year or so before they can deliver one Falcon 6x, while BBBD G7500 has benn flying for many years now with 50 G7500 it is beeing seen every where and getting more and more attention, so 

[MoneyBoss]

Right!

[HopefulJuan]

I agree but please explain how Dassault has a $45 billion Euro market cap and BBD is sitting at $1.5 billion Canadian. If not for the dual class share structure they are the same company.

[HopefulJuan]

Dassault annual revenue is $4.5 billion euros with just under $5 billion euro in long term debt. How does it work they are so highly valued competing in the same market? 

[Jim99999]

Spend a few minutes comparing the balance sheets of the two and you will find your answer. In particular, note Assets, Liabilities, and Shareholder Equity and their associated trends over the past five years. I think you will find they are two very different companies. This information is available here on Stockhouse, by clicking on Financials at the top of page. Jim

[Guillaume]

Also because for french, Dassault is the key companie in national independance for fighter jets. They are in military planes what airbus is in commecial planes. No one know the falcon even in france but we all know the mirage3 for the 6 days israely war. To make it simple, Dassault + thales is the military industrie, Airbus + Astrium commercial. Airbus have a military side but it s German

[HopefulJuan]

Unique concept to support local industry. Canada could do the same but they end up doing what the US tells them to do. Everytime.

[Guillaume]

Yea, it s like for the new fighters.  You are asking the supplyer to send the plane to usa for modifications. So no one can seriously give an offer to canada. Who is going to accept to give his plane to a us company with the source codes so they can make every modifications they want, copy everything, even add a virus? Source code is the privilege of the customer, but, it mean they have to

[HopefulJuan]

Seeing nothing that makes Dassault 50 x more valuable. The 5 year trend does not apply to the current BBD story. Similar revenues and similar debt.  For all your worries, where is the default on payment ? 

[Jim99999]

In order to accurately assess any risk, one must first be willing to acknowledge that risk. In previous posts I have mentioned the possibility of default. I have never suggested this is likely. Given that they now have Alstom cash in hand, and have stated how they intend to use it, the risk of default prior to 2024 is low, IMO. Jim

[PabloLafortune]

Hopeful is confusing Dassault systemes (DS) with Dassault Aviation (DA). DA cap is 7Bish? their cash on hand is $4B, their business is mostly military; commercial backlog is 25% of BBD's.