Post by
BBDB859 on Apr 08, 2022 3:00pm
Hey Club
Who is trhe guy you email in Bombardier, that you get info from, in customer Relations? Do you have his email or a phone #. I want to find out what is happening with the $400M of discrepancy money on closing with Alstom for BT. Bombardier said that they were going to challenge that $400M deduction from the closing funds. Thanks in advance.
Comment by
clubhouse19 on Apr 08, 2022 3:07pm
Francis Richer de La Fleche Vice President, Financial Planning & Investor Relations 514-240-9649 Francis.Richer.de.la.Fleche@bombardier.com
Comment by
Inuk138 on Apr 08, 2022 3:37pm
B859 you can contact this personn too. Ali A Menhem, CPA, CFA Relations avec les investisseurs/ Investor Relations ali.abdul.menhem@bombardier.com T: 514 855-5001 ext.12051 I got a pretty nice conversation with him last week.
Comment by
clubhouse19 on Apr 09, 2022 9:55am
859 can you please detail that situation to me via PM as I wouldn't want some clowns here use that as some kind of negative fodder. Somehow i am missing some of the detalis for that holdback and if the amt is in US $$
Comment by
BBDB859 on Apr 09, 2022 7:26pm
Hey Club. I've sent the email Friday afternoon to 2 others in the Management office. If I don't hear from them, I'll send it to your guy. I'm sure they'll reply. I haven't got a copy of what I've sent them because I went directly to the Bomber site and clicked on their e-mail. But I'll send you part of it in a PM. The anouncement was on their Oficial site.
Comment by
BBDB859 on Apr 10, 2022 10:25pm
Hey Pablo. They have the same problem that we are now facing. This year will be positive for us too, probaly to the tune $50m to $100M. That's a hefty chunk of change though ($400M), to leave on the table. I would try to negotiate through arbitration first with them. You never know? We may end up getting something out of them.
Comment by
BBDB859 on Apr 10, 2022 10:40pm
Btw. You know this. If we get it. then we can throw that $400M on the LTD? We will save $30M yearly in interest payments. That's nice to have. Sue them in the German courts, they're fairer. If the closing occured there? Depends where the closing occured. France courts would be suicidal. Just saying. This group has to get smarter. Everyone is just kicking them in chessnuts.
Comment by
PabloLafortune on Apr 11, 2022 9:55am
Yeah 859, I dunno. Don't think it moves the needle that much. But its a fair question to ask for sure.......
Comment by
johnney on Apr 09, 2022 11:51am
Shamhorish, Bombardier has always been good to put their both feet in the $$ht!!