Bombardier Inc. T.BBD.A

Q2/24

[BBDB859]

Q2 will take this shate price to new highs. We are finally getting our deserved due.

[flamingogold]

BBD is still a hated name in Ontario where the big money is. Once we surpass the 2011 high in the $180's then the English media might start pumping it. In the meantime, I'm happy with the slow climb up. For everyone who has been in these trenches for the last 5+ years, it's all gravy from here on.

[Mauserintime945]

It's not the gravy that i am looking for, I am looking for the CHERRY and yes we will all get a part of it.

[BBDB859]

We deserve it too. It's been a heck of a go.

[Jacques4444]

With respect, all the volume seen june prove the big guys from Ont. are already buyers and big buyers. I agree, its not like it should be but it will come soon. Probably the Q3 results can be a catalyst (SP can reach 120$), not only for them but for all around the world. For sure, 2025 (only 6 months away) will be a major game changer and that, as soon the Q4 results are publish (begin of 2025

[flamingogold]

Definitely some big money is beginning to pile in. Personally, I have to see any major funds with BBD listed as one of the top 10 holdings for instance. For sure, it's coming. When it does, that's when the media pump begins and the sideline street buying piles in. By then, we will be well over $180 and smothered in gravy.

[Frenchonporch]

We don't see a lot of Bombardier bashing in the anglo medias anymore. Au contraire, they seem to recommend buying BBD.

[flamingogold]

Correct, BNN and the Globe have ended their bashing. But, mention BBD to the average Ontarian on the street and watch their face cringe. However, once the stock gets over $180 then the love on the street will once again return.

[stock4life48]

Ontario has big money?  bahaha.  Obviously you have never been to NYC, Boston, Chicago, San Francisco, LA... Biggest company in Canada, RBC with a market cap of 156B...that's cute I am in Silicon Valley this week where I visited the head offices of many MULTI TRILLION DOLLAR companies.  I wonder if the entire worth of Silicon Valley is worth more than that of Canada? We need

[MyNameIsNobody]

Stock4life48 - What's cute is that you didn't figure that this user probably, well certainly, meant that Ontario has big money when comparing Canadian provinces. Needing people of Ontario doesn't exclude needing US money. Ontario money, if not already coming in,would be welcome anytime. like US money. No need to dismiss Canadian companies nor the ones from the USA.

[stock4life48]

If people from Ontario wanted to invest they would have.  Analysts pumping out greater and greater price targets, the latest with RBC @133 with the highest being Desjardins @ 143.  Where are these Ontario big shots?  Daily volumes just over 500k shares on average.  Hello?  is this thing on?  hello!  Ballpark $50 million CDN traded daily.  $50M (ignoring USD

[MyNameIsNobody]

Stock4life48 - I agree, anyone in Canada that want to invest already can do it.. and we don't exactly know who did, does or plans to do it. From what i read, anyone in the US can invest, through pink sheets or something like that.  I agree that it's not the NYSE or NASDAQ, but I'm happy with the way the current management has steered the company so far.  I hope whatever

[stock4life48]

The pink sheets?  come on lets be serious.  before you trade on the pink sheets there will be a giant warning saying that stocks traded are littered with fraud, etc that you have to agree to before you can proceed.  How many US investors are going to agree to that?  I would be gone in a second We need to be on the NYSE or Nasdaq pronto.  Unfortunately BBD is scared for

[DrInvestor]

Being in the US exposes the company and the Board to more potential class action suits even if not warranted.The US is much more litigious than Canada and perhaps we don't need to be there.

[johnney]

Not sure of this!

[BBDB859]

This is very true. The US is very litigious. I've said this often here. Since this company is controlled through the A's. The Family may have a fear of losing control in the US. The very fact that we've just had this settlement recently with the NY Bondholders, tells the Family that Quebec and Canada is the place for them to stay in, where they are safe. 

[trademorestock]

Drinvestor  - and look what happened when they went for financing in the US Personally you have to be tough as nails in the US and also why almost all the major world corporations are there.  They control the world and like it or not Canada is 100% reliant on the US for everything.  Just look where most of bombardiers planes are sold. We need to be on the nasdaq and nyse no

[Shamhorish]

IMO, BBD WILL NOT (AND I HOPE THEY WILL NOT) CHANGE SHARE STRUCTURE AND WILL NOT DROPP DUAL SHARES AND I DO NOT THINK NASDAQ, NYS ACCEPT DUAL SHARE STRUCTURE IF BBD DROP DUAL SHARE STRUCTURE BBD WILL BE SWOALLOWED AND BOUGHT SAME DAY BY USA COMPANY

[Jacques4444]

Seem exactly as I read before about why BBD dont go to US Market. Ty Sham

[trademorestock]

Shamhomish  - telsa has dual share class structure

[johnney]

Yah, it'll always been a mystery, why even when in 2000, when share price was over $22, never listed on US markets!  I will for myself only believe this the day it will be done, not before, if listed on US markets! Nortel was still listed on Nasdaq, under $1, till it went bankrupt! ´

[MyNameIsNobody]

Stock4life48 - I just meant that there was a way to trade for it in the USA, I don't know much about it.. never said it was good or bad. People at Bombardier do not seem to think it's needed or urgent, I tens to agree with their assessment. Your floor of 115$ sp for Christmas or early 2025 is fine by me. (Over 20% appreciation for a bit over 6 months is always good in my book.. which

[trademorestock]

 Nobody - so why keep our books in USD?  The exchange to CDN seems to be largely forgotten when calculating a fundamental price.  Right now that's a forgotten about extra 37%

[MyNameIsNobody]

I'm not even sure that what I'll write makes sense, but the books are in usd, the share price is 94 cad on the TSX and 69 usd for bdrbf...I don't think the exchange is forgotten... wouldn't make sense to anyone if it was.

[trademorestock]

Nobody - please run a calculation for me what is 8x 2025 ebitda per share in $cdn.  It's forgotten all the time, but please show your math and it will prove it

[MyNameIsNobody]

Trademorestock - I can't say for 2025, don't have this target in my info, but I do have the 2024 target... and it's 1.3 to 1.35 B$ US.(adjusted ebitda) Bloomberg tells me that 1 USD is worth 1.3628 CAD, you can make the calculations if you want. You know, if you take BDRBF USD value of 69.1 and set it in CAD you get 94.17$ CAD... pretty close to the actual value of BBD.B (Toronto

[trademorestock]

Nobody -Ive written to RBC to see exactly how they calculate their detailed price target.  He is away today but back Monday and will share once I get the info. I am still confused why bbd keeps the books in USD when they have no interest is being on wall street

[Noredneck]

Trademorestock.... Jets are sell in US$ so they don't lose any % if CAD$ drop. US$ is a lot more stable than CAD$.

[trademorestock]

Noredneck - so Airbus, the WORLDS largest plane manufacturer, keeps their books in USD?  Nope

[Bullvsbear99]

From Airbus https://www.airbus.com/en/investors/hedging-debt-information More than 75% of Airbus' revenues are denominated in US dollars with approximately 60% of such currency exposure 'naturally hedged' by US dollar-denominated costs. The remainder of costs is incurred primarily in euro, and to a lesser extent, in pounds sterling. As Airbus intends to generate profits

[trademorestock]

Bull - pull their financial statements, it's all in euros.  They do talk about usd fluctuations but official books are in euros

[Tempo1]

Large parts of Airbus assets and liabilities are in Euros, in the same way as many costs. More, politically, Airbus is partly owned by governments (France, Germany, Espana). It would be unacceptable to publish its financial statements in US$. With computers, there's no practical problems to publish statements in any language. 

[Tempo1]

....in any currency , of course.          (maybe, i have the The Biden syndrome)

[stock4life48]

Would you rather have the Biden syndrome or Trump who lies, cheats and manipulates?  I'll take Biden by a mile thank you

[BBDB859]

I'd Biden over trump, even if Biden was deaf, dumb, & blind.

[BBDB859]

What's there to be confused about.? Most countries accept the US Dollar as the common currency. The Bomber was/is an International company, (planes, trains, and snowmobiles) and dealt mainly with the US. So, hence their utilization of US currency. It came in handy with FS as well. Look up how they get the multiple, it's easy.

[MyNameIsNobody]

trademorestock - 859 and noredneck have posted valid point for this.  I'll just add that most of Bombardier business  sales etc..) is done in the USA and certainly almost all of it at an International level (Outside of Canada)... US dollars is better fit in that situation.   This is all just a hunch, I'm no specialist when it comes to dollarization.

[stockitnow]

USD is the currency used in Aviation.  All contracts and yes for Airbus (except internal to Euro zone) are done in USD. USD greenback is more stable and since the early  days of avaition when America dominated Aviation, the  default became USD.   Also Bombardier uses USD as they have more non Canadian suppliers and customers.  Imagine the headache of converting each

[Tempo1]

Given that 90% of the operations are in US$, 80% of its assets and liabilities too, it is more accurate to have financial statements in US$.  Indeed, at each quarter they have to present information in the same currency. Imagine that from one quarter to the other, the exchange rate move by 2%. You would have to change the value of 80% of the assets and liabilities by 2% to adjust the real

[BBDB859]

NoName, we need Ontario's money, and support. No matter what people think. We're on the TSE, not NYSE. When we get to the NYSE, than we'll probably enjoy the heavier cash that comes from them too.

[Jacques4444]

I read that the family dont want to go to US, I also read its simply because they own the cie and US dont like this kind of compagny, impossible to make a takeover ( The A belong to the family and 1 share of A = 10 votes vs 1 share of B = 1 vote. ). That way they control the cie even if you buy all the B. And ( I read) they will never sell those B to avoid loosing control. Maybe the new generation

[stock4life48]

Plenty of family controlled companies in the US.  Ford, Walmart, Meta are just some quickly off the top of my head

[MyNameIsNobody]

859 - I fully agree with you on this. We need any big investors, no matter where they come from. (Be it any Canadian province or any big institutions... any US investors or institutions.  I don't think anyone of us (you, me or stock4life48) want to say no to any money, we just see different ways to get it. We"re all getting richer by the day now, I hope everyone is enjoying it as

[Jacques4444]

I read that the family dont want to go to US, I also read its simply because they own the cie and US dont like this kind of compagny, impossible to make a takeover ( The A belong to the family and 1 share of A = 10 votes vs 1 share of B = 1 vote. ). That way they control the cie even if you buy all the B. And ( I read) they will never sell those B to avoid loosing control. Maybe the new generation

[Jacques4444]

Correction: ''...And ( I read) they will never sell those A (not the B, my mistake) to avoid loosing control''....

[flamingogold]

NYC, Boston, Chicago, San Francisco, LA.... I have been to them all and more. I have long vouched for a major US listing. Until that day comes, if ever, Ontario is all we have to hope for.