Bombardier Inc. T.BBD.A

WHAT DO YOU expect as vote results ?

[Shamhorish]

IMO,  any one with a bit of brain will gladly accept bbd offer

the union said they will not suggest to employee

union has caused many drastic problems in the past,

but they are smart enough to want to keep bbd employees emplyeed at bbd

so they can keep milking them weekly and collection union fees

(in my opinion union collect about cdn 70,000 per week from 1800 bbd employees)

so if union sit on the side line,, the vote result will be accepting bbd offer

if the market see things that way,,,,i think bbd sh price will gain a bit just before today closing bell

[crypto65]

As an outside observer my instincts tell me that the offer will be accepted by Bombardier employees. The company's latest offer is more than fair, one that should be unanimously approved.

[Shamhorish]

crypto, yes you are right, me and i think any one with functional brain will see it that way imo, if market see it this way, then bbd should start to stablize or gain before closing bell

[clubhouse19]

The tell tale sign of acceptance IMO is that the union is allowing a free vote on the matter without its pro or con recommendation. 

[MyNameIsNobody]

First thing, I don't view unions the way you do. But... the numbers proposed are big, I would consider it stupid to not accept this proposition.  Maybe they could be disconnected from reality when it comes to the value they supply.

[Jim99999]

It's not a great offer. It is equivalent to 3.7% each year for five years. If inflation averages higher than 3.7% over the next five years the employees will in effect be earning less than they are today. Will inflation average higher than 3.7%? Here's a hint:

[Jim99999]

Sorry, forgot the link [url=https://https://www.cnbc.com/2022/06/22/canada-inflation-rises-to-near-40-year-high.html][/url]

[MyNameIsNobody]

Lol... is everyone getting raises like that? ... I guess not, so it is a great offer. Inflatiion makes everything costlier for everyone, unless you live surrounded by unicorns.

[Jim99999]

This inflationary spike is quite recent. Going forward, CBA's will need to reflect the reality of higher inflation. Jim

[clubhouse19]

First of all you got your numbers wrong. The average increase will be 4% per year. And you have no idea what the inflation rate will be after that period or even in the next 6 months.   now give us that hint again...

[Jim99999]

The numbers are correct. 1.065 x 1.03 x 1.03 x 1.03 x 1.03 = 1.198 1.037 x 1.037 x 1.037 x 1.037 x 1.037 = 1.199 Jim

[clubhouse19]

You have 20% increase over 5 years.. So what is the average increase per year if not 20/5=4 Your equation doesn't  make sense.. Increase the first year is 6.5 % retroactive from the end of last contract not  1.037