Bombardier Inc. T.BBD.A

It's been said many times here

[BBDB859]

But it's worth repeating again.

Bombardier got so lucky to get out of those money losing divisions, in time, and get some money for them to clear the way for the money-making BBA.

BT and especially the CSeries would have BK'd them by now.

Although I don't agree with how they handled the CSeries sale. I still believed that MHI or China would have paid them a fortune for the program. I still believe that they did the right thing getting out from under all those money losing divisions that were connected to the CSeries.

All I see now is a lean money-making machine, that has lucked out on their timing. Even covid gave them a boost in their plight, to save the company. They finally got some luck going their way. In that, they even got a CEO in EM that was available just in time for their turnaround, and with some 20 odd years of experience with this Family dynamic, and the Business Aviation product of this company.

They got some reprieve from the Junk Bond Market, with lending, and are on their way to a better Credit Rating from the Rating Agencies. They now know what they have to do going forward to get better ratings. Positive FCF every Quarter, and no crazy ventures, for the next 5 years, until this company can start showing that they can manage their DEBT, without hemorrhaging the rest of the company, and it's shareholders dry. 

Q3 is starting to look good, if they can get another 4-5 planes out the door by Sept. 30th.. Back to normality as well, with getting re-listed on the TSX next week. All these factors make it worth saying "hold on to your shares" people.

859

[flamingogold]

After all the years of bad, we were due for some good. We're not out of the woods just yet, but I can see the fields of green from the trees now and with a deep exhale I can say "whew, that was f-cking close"

[BBDB859]

It was like a close car accident that would have kiled all it's passengers (Family, shareholders, lenders etc.). The incident was horrific to say the least. But somehow we all survived, to talk about it. Maybe we'll even benefit from it.

[Freddyfred]

Nice picture of Bombardier 2021

[bicente]

Well said my friend. I believed and trusted the bomber ( family) would not screw the shareholders by going bankrupt but I was still a little disappointed and worried when they sold the CSeries , in the end they did what was best for the company . They me is on the bomber's side now and the profits will roll in just like they do in BRP . We stuck with them through the rough patches and we

[BBDB859]

Hey Bicente. Hope your summer was good. Thank god they got lucky with some of the decisions they made. Or there goes our investment in the company. There were some pretty mind baffling decisions in the past. But they're staying the course this time. Even EM said so recently, in that Interview I just read on this site, regarding the shareholders tolerance for risk. He said we're staying