Bombardier Inc. T.BBD.A

Headwind

[Snowey]

So, majority of stock owners of BBD are Canadian. And how is Canada doing?
Came across this article this morning.

Diane Francis: Canada in deep economic trouble
Mon, December 4, 2023
 
Canada remains a chronic underachiever. Our economy contracted by 1.06 per cent quarter-over-quarter in the third quarter, while the United States economy grew by 5.2 per cent. The European Union and Australia also saw modest economic growth.
We may not technically be in a recession yet, but the picture isn’t looking good, according to Bank of Montreal economist Doug Porter.
“Whatever label you slap on this economy, it’s basically not growing, despite the artificial sweetener of rapid population growth,” he told CBC News. “The big picture is that the Canadian economy is struggling to grow, yet managing to just keep its head above recession waters.”
The question is: how does a country with so much potential and a massive resource endowment end up lagging behind its peers? The answer is simple: Canada’s federal government is run by economic neophytes.
On Nov. 21, Finance Minister Chrystia Freeland boasted that, “Canada is now a global investment destination of choice … and the IMF projects Canada to likewise see the strongest economic growth in the G7 next year.”
But the most recent IMF projection is that U.S. GDP will increase by 2.1 per cent in 2023, but Canada’s will only grow by 1.3 per cent.
As for being the “investment destination of choice,” the figures show otherwise. Net foreign direct investment (FDI) plummeted throughout much of the Liberals’ first term. According to figures from the World Population Review, last year, the U.S. led the world, with net FDI inflows of $388 billion, followed by China ($180 billion), Singapore ($141 billion), Hong Kong ($121 billion), France ($105 billion), Brazil ($92 billion), Australia ($67 billion) and Canada ($54 billion).
Canada’s economic prospects are not so rosy, either. In its summary of an IMF report released over the summer, the Fraser Institute noted: “Expanding the population and workforce does increase the size of the economy, but the IMF observes that it’s ‘not a recipe for growing per capita income or living standards.’

[flamingogold]

The US outperforming Canada is actually good news for BBD since the vast majority of customers buying BBD products are not from Canada.

[clubhouse19]

  That's funny while the downside seems to always end up Canadian companies with inovation get taken over and gobbled up by the US since they constantly amass the leverage to do so. and canada has no other choice but to give subsidies rather than orders.  Prime example being the recent lithium battery manufacturing being set uo here with massive government subsidies.

[Snowey]

The client side is majority outside Canada and is doing well as you say. The problem is the the majority of people who own shares are Canadian. They are less and less in a position to buy more. A headwind that is going to take longer to fix that 2024/25. I still believe that New Bombardier is a very well run company and deserves better than where it is at. We need a bit of luck to lift this

[MyNameIsNobody]

Snowey - When people aren't worrying about 'big institutions' not buying they're worrying about retail investors not buying enough.. or something else.  If Bombardier continues with the deleveraging they've been doing the last few years then there's nothing to worry about, institutions will come back with a vengeance, if I may say so. I suggest you start thinking in

[Snowey]

Hi Nobody,   Apricate your feedback. Actually, very helpful. I need to get my head out of the media for a while. I have been sinking into a worry phase.   Confident New Bombardier will continue its great performance.   Thanks.   All the best,   Snowey.

[BBDB859]

Nobody, you're absolutely right about Institutions coming back with a vengeance, if, the Bomber could have announce their LTD repayment plan, in either, Q1 or Q2/24 to their shareholders. The problem we've had up to this point this year, is all the shorting, plus the cashburn of Q1/24 and Q2/24, and they couldn't put any money on the LTD. They did re-shuffle the LTD though with these

[clubhouse19]

  Canada is not an investment haven as they quickly sell off anything that is of any major consequence in the iniovtion achievemnt area . It is run by a "eat your own mentality" with a take your money and run investment mentality. Capital investment is really non existant in this country but more so run by banks underwriting share offeriongs where they rig the system for themselves

[PabloLafortune]

In Canadian oil & gas, the stocks that pay dividends have held up much better than the ones that don't.  CNQ being the prime example. Canadian retail wants income these days.

[BBDB859]

As I supected. They (Bureaucrats) have no idea, why this is happening to Canada. They are just lining their pockets with cushy Government jobs, and they are as dumb, as a bag of rocks, when they see the Economy faltering. They can't figure it out. Immigration in this MANNER doesn't work. If they want to get skilled Labor? Then skilled labor, then skilled labor Immigrants have to be VET