Bombardier Inc. T.BBD.A

To help LT Investors

[BBDB859]

Good morning everyone.

I've re-read the ER for Q3/26 and concluded the following.

Do as you will with my info because this is JMHO of course.

The company had predicted in their Guidence a few of years ago (18 Months ago) that they want to achieve $1.5B in EBITDA & and 3X LTD to EBITDA. But the real benefit here is the LTD Interest cost savings going forward every year from 2023 on.

Well they've achieved that 3X Ratio with $4.5B of Net Debt and they're on their way of easily getting to $1.3 to $1.5B in EBITDA in 2023. They will revise the Guidence on Investors day in March of 2023 to reflect this.

The LTD simply will go down to $5B by the end of 2023 & down to $4B in 2024. By 2025 we will be at $3B of LTD and of course we will have some other priorities to spend some cash on by 2025. But the LTD will be down to a very manageable level and the Interest payment portion of the LTD yearly will be down to $225M annually.

This is what the excitement is about at Bombadier right now.

Can you Imagine? An EBITDA of $2B with $200M - 100M of Capex - $225M of LTD Interest = $1.675B of CASH or Left over money every year to do what the company wants to do with it????

So this is what we're dealing with when we delve into the future of Finance. We get excited, and sometimes we get ahead of ourselves. But in this instance with Bombardier. We are at 2025 Finances level almost, with the $15B in Backlog. So the Bomber Finances are almost predictable till 2025. 

So hold you head up high if you are a Bombardier Investor. And be thankful that there are only $100M shares out there. Your shares have finally gotten valuable.

Cheers.



.

[johnney]

BBDB, yes let's not forget this, that there is only 100M shares outatanding, compare to 2.5B that we had before and went to $2.28 in october 2021, pre-split! someone mention here that he won't sell before $100, well, will probbally get there and more!!

[BBDB859]

Yes we only got 110M shares johnney

[BBDB859]

Sorry 100M shares

[Lukegermany]

BBDB859 isnt it  Total Shares (All Classes) 93,869,260 ?

[BBDB859]

Hi Luke. From the chart bellow that I copy & pasted all classes of shares outstanding total around 120M. I just estimated A's & B's to be 100M, on my post to Johnney. Real totals are bellow from what we see??? Class B shares 1 * 1 vote per share 85,373,899 BBD.B Class A shares 2 10 votes per share 12,349

[dreamer05]

If I am not mistaken, the total o/s shares before the R/S come to 25x120 M = 3,000 million shares. I though it was 2.4 billion. that is 600 million more than expected. Please correct me. 

[MyNameIsNobody]

Only common shares, A and B, were included in the reverse split. That 120M shares count includes the preferred shares. Oranges and apples thing. :)

[johnney]

There was close to 2.5B shares oustanding, before the R/S, now it's approximatly 100Millions shares outstanding!