Bombardier Inc. T.BBD.A

Scotia

[BBDB859]

Thanks NN.

I think Scotia is very conservative on their figures. The Cash on hand situation will get stronger at the end of 2024, and it will pave the way to reducing the 2025 LTD to $3.7B as Bart D said. Net Debt should hit $2.2B at 1.5 multiple of Debt, to Ebitda..it's just too conservative, given that when Debt is reduced, and interest payments get reduced, you have more cash on hand. The end of 2025 will pave the way for 2026 to reduce the LTD to under $3B if we make an acquisition in 2025 like Belfast, then that could change the equation more in favor of the Scotia numbers. I still say that we should get $250M or so for taking over Belfast, this will cushion the acquisition.

[johnney]

no doubt that end  of 2024 the cash on hand will get stronger, even after third quarter results!

[stock4life48]

got a link to where Bart says LTD to be at 3.7B by end of 2025? No idea how that is possible.  It stood at 5.6B at Q1/24.  We are expecting 236M FCF in 2024 and 900-950M FCF in 2025.  That's only 1.2B to put towards debt,  Where is the other 700M coming to retire debt? I agree we will see 900M after 2025 that could be put towards LTD I doubt Spirit will pay us 250M to

[stock4life48]

ok so Airbus was also compensated $559M from Spirit for take over.  Its possible we get a cash payment.  I suppose it would depend on how badly in shape that section is to see how much cash we could get I have yet to find where Bart said LTD would be reduced to those levels.  They did say net debt to EBITDA would be at 2.0 to 2.5x by end of 2025, nothing even close to your 1.5x

[BBDB859]

Hey Stock4. It's simple. They're at $5.5B now. Everybody missed that $100M paid recently, in either late May or early June when it was announced. Then you got Q4/24, which will bring in $250M of +FCF they say. We both know it'll be $300M +FCF (underpromise). They'll get their Reserves/cash on hand back up at the end 2024 too, to about $1.7B. So, I see them throwing an added $200M

[stock4life48]

I can see your math, but I think it represents a best case perfect scenario.  Perhaps I am a bit more conservative I'll believe it when I see deliveries being equalized amoung the quarters What does being new to stockhouse have to do with anything?  Too many people on these forums post cherry picked info, I tend to look for a balanced approach and look at risk over reward.  I&

[BBDB859]

Why would you call it a best case scenario? They have the cash sitting in their Reserves collecting dust. Up until now they just didn't know the exact amount they had to hold in Reserves because of all the moving parts. Why wouldn't they put the extra on the LTD?? Especially now, when they know exactly what they put out for Inventory for the year, according to their B to B. Remember they

[stock4life48]

its just the way I feel.  Show me anywhere you can get an LOC @ 3% right now.  I think my margin account is at 7.3% if I recall correctly. How do I post PDF's here?  Quickly RBC noted the average age for a business jet is 18 years and its expected to drive significant revenue in maintenance in the foreseeable future and eventual replacement.  That report is 74 pages. 

[BBDB859]

They got their current revolver of $300M recently. I think it was in Nov. 2022. Richmond Hill company (I wanna say Conseco). People want the title. 

[BBDB859]

Revolver/credit facility LOC is for 3%.

[BBDB859]

There are ways to post more than one page with links etc. Especially nowadays. You're a young guy, figure it out. You are getting good info from us, so make the effort to provide us with usefull info too. Go figure it out yourself (gfioy). Call Stockhouse if you have to. Print pertinent info from large reports, that pertains to what we're doing here. Thanks in advance. Everyone here is