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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. > Blue sky ahead!
View:
Post by DrInvestor on Jun 04, 2021 8:27am

Blue sky ahead!

Much more difficult to spin negative news with BT gone! $2 is coming!!
Comment by bicente on Jun 04, 2021 8:35am
I know there some who disagree but this is worth $3 ... once the surprise cash burns are over and margins get better we should be close to $3 ... a little more interest savings and a couple of jet orders and we will be there ... the family learned a lot from their partners in BRP .. hopefully it includes avoiding govt dealings ... innovation is their strong pint and we will benefit only if they ...more  
Comment by BBDB859 on Jun 04, 2021 9:59am
Hey Bicente. I hope you're right buddy. Because this year is going to tell us where this outfit will be going. I'm not even worried about the debt any more. With this offering we've kicked the can down the street to 2024. Now all I care about is the cashburn/usage. You'd think that they would be spending 24/7 trying to figure out how to make this company profitable.  But ...more  
Comment by Jim99999 on Jun 04, 2021 1:41pm
This offering ($1.2B) will cover about half of the remaining debt due by Jan 2023. Jim
Comment by PabloLafortune on Jun 04, 2021 3:03pm
I own shares in a little company called Precision Drilling, they just refinanced the debt to later maturities at similar rates to before which seemed didn't completely make sense but they financed less than what they paid off and it seems they will use their credit lines to pay the rest probably at lower rates and easier to revolve against cash on hand/current assets.  Also the devil is ...more  
Comment by BBDB859 on Jun 04, 2021 7:56pm
Hey Pablo. Hoe is it going? I'm with you 100%. Bart is light years better than DiBert.
Comment by BBDB859 on Jun 04, 2021 7:49pm
Give it a rest Jim. Highlighting in yellow is a bit annoying. You're a smart guy. Fill in the spots. Do you have to be spoon fed with everything. Yes they are getting rid of Bond #097751BJ9 with the offering dated 10/2022. Here it is. -C1R774AB1 - Paid in full. $486.6  (05/2021) -0097751BP5 - $61.1M left over     (12/2021) -097751AY7   -$181.2 left over  & ...more  
Comment by Jim99999 on Jun 05, 2021 8:24am
Comment by Jim99999 on Jun 05, 2021 8:37am
What colour would you prefer? Your statement implied that this offering provided the 3 year runway that BBD has stated it wants. It does not. They will still need to raise another $1-1.5B to achieve this goal. They can not cover this with cash on hand. They need to keep about $1.5B on hand to run the business. If they are to acheive a 3 year runway, they will need to raise these funds in 2021 ...more  
Comment by BBDB859 on Jun 05, 2021 12:43pm
You seem to be a very colorful fella. We both know very well, that they have about $1B to $1.2B more for the clear the 3 year runway. It's in your/mine posts below. But that's the 01/2023 bond you're refering to, and that was brought down by $250M already from the first, and second extended buyback offering.  Look. BT proceeds of $3.6B. -After repayment of the revolving LOI ...more  
Comment by BBDB859 on Jun 05, 2021 12:47pm
Sorry repost. You seem to be a very colorful fella. We both know very well, that they have about $1B to $1.2B more to clear the 3 year runway. It's in your/mine posts below. But that's the 01/2023 bond you're refering to, and that was brought down by $250M already from the first, and second extended buyback offering.  Look. BT proceeds of $3.6B. -After repayment of the ...more  
Comment by Jim99999 on Jun 05, 2021 8:27pm
Oh, you don't have to explain anything about the debt to me, BBDB859, I have a pretty good handle on the numbers. At the end of Q1 they had $2.6B including the $600M Alstom shares. That $600M was mostly used to redeem the Euro bonds, and the remainder will be used for the rest of the 2021 bonds. So they have about $2B in cash, ~$400M of which is short-term restricted cash as collateral for ...more  
Comment by BBDB859 on Jun 05, 2021 10:26pm
Thank you for finally participating and giving some of your knowledge to the board. It's easy to just ask questions here, We need opinions on things going on too. I will review what you're writting below in detail tomorrow and see what my feelings are. BTW you did need clarification. Isn't it the reason why you colored the runway part of the debt on my post? Or did I misunderstand ...more  
Comment by BBDB859 on Jun 06, 2021 11:49am
Hey Jim.  Thanks for that. That's the kind of explanations, I respect/expect from posters here, including myself of course. When someone takes the time to seriously give the reasons as to why things are heppening like you have on the backlog adjustment by the company. Things get clearer. On the cashburn. See if I'm understanding this right? What you are saying that they threw ...more  
Comment by DrInvestor on Jun 04, 2021 11:20am
Lots of nervous traders on the sidelines...it will take only one more big buy to lose control of the sp by way of a short squeeze.
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