Post by
stockitnow on Mar 20, 2023 12:08pm
Mostly retail investors
I am more convinced now that Bombardier is and always will be retail investor class stock. Institutions will buy but bare minimum that is required by them.
With family holding 15% shares and having majority control has never sat well with Bay street. It was reckless family decisions that decide to build three all new design aircraft that financially drain Bombardier. Had their been non family directors in control on the board this would not have happened. This is why Institutions will not invest big money or hold large positions in Bombardier with all control with Bombardier family. Bombardier family has proved not to be trusted with others money.
Retail investors will benefit from Bombardier paying their debt. The family needs to pay debt and increase share price. And thats how retail investors will benefit because the family has lost a lot of their own money and need to make it back.
Bringing Bellemare was first right step, he was not emotionally tied to Bombardier. Bellemare cut all loss making divisions something the family couldn't do because it would have been direct admission by family of making bad decisions years ahead.
Unless, and I am guessing as most likely it wont happen, Bombardier family gets rid of dual ownership come March investor day. If this was to happen then Bombardier SP will go up. Bombardier will still have 15% but it will be worth more.
AC was limited to have 25% foreign investors. When the fed lifted it to 49% but still kept foreign voting to 25% then AC stock really took off. While voting stayed the same more fresh money came in.
Bombardier family could allow single investor who owns same or more then family to have equal or more voting as them. So Bombardier family has 15% and stills controls the company until someone else puts in more. This might open the flood gate to sp going up. But this is a wild idea. Regardless unless family gives control or allows for majority owner to control company, I don't see institutions coming in with large holdings.
Comment by
johnney on Mar 20, 2023 10:44pm
Yah, a 22% drop with no bad news, how much would we haves drop with bad news, 40%!!
Comment by
bicente on Mar 21, 2023 12:40pm
I would correct you if I may ..the bomber is held by traders much more than retail right now ...yes there are longs ( some still in the red ) but the new buyers just aren't there and that includes long term institutions ..that is why I have referred to dividends so often ..as you said , it would entice long term buying across the board ...it will come ...GLTA
Comment by
johnney on Mar 21, 2023 12:36pm
By your post you do not expect to stay in no longer, by saying that Bombardier is and will always be Retails investors!!
Comment by
Mauserintime945 on Mar 21, 2023 2:46pm
Ho yes, I thank them for having been able to face wind and obstacle to get us out of the waste.
Comment by
bicente on Mar 21, 2023 2:55pm
is this translated from French through google? it sure sounds like it ...lol... GLTA