Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Lots of Misinformation being posted here about Bombardier
View:
Post by Noliess on Nov 23, 2024 9:08am

Lots of Misinformation being posted here about Bombardier

# 1  Bombardier will be listed NYSE
   False ... Bombardier has a dual class stock structure. The family controls the Class A  voting shares but doesn't control the majority of the shares. The NYSE won't allow them to list unless that structure is changed .  The family won't give up control so they can be listed in the US.  

# 2  Bombardier to hit 400
   What are you Smoking?  There is no information out there to suggest this . No info from any analyst or the companies own projections. People  on this board thinking this stock is going to split. You do realize they just consolidated 25 to 1 a few years back. To suggest they will start splitting again is foolish 

#3 Bombardier stock is going down because it's being shorted
    I've read this many times on this board. Guys stocks go up and down and most times it has nothing to do with short positions. People here claim institutions are driving the price down. If you feel that you shouldn't be in the market. BTW Bombardier's short position DECREASED 6% over last month but the priced dropped from 113 to 90

#4 Bombardier will introduce a dividend soon
    If you owned bombardier and stated to your shareholders your goal is to pay down debt which sits at 7.75 billion as of Sept why would you pay a dividend and not put that money in debt reduction.?


Bombardier is a great company with an excellent product line and a positive future. They are working hard to increase margins and pay down debt. I own lots of shares and don't want a person new to the market make an investment decision based on what I believe are  inaccurate claims. Good luck to all Bombardier investors.

Comment by Letsmakemoredol on Nov 23, 2024 10:25am
#1 I am not an expert on NYSE listing rules but doesn't Berkshire Hathaway listed on NYSE have Class A and B shares.  Class A shares have 10,000x more voting power than Class B while Class A shares trade at ~1500x the price of Class B.  Also Meta has dual class voting shares and trades on Nasdaq.  We don't have to list on NYSE, Nasdaq is a great option too. #2 IMO, I don ...more  
Comment by Letsmakemoredol on Nov 23, 2024 10:33am
#1 - another example of dual class voting shares on NYSE - Ford Motor Class A & B with 60% and 40% voting power respectively.  The Ford family owns 2% of the stock and control 40% of the votes.
Comment by Noliess on Nov 23, 2024 10:50am
Great find . I have heard this many times over the last 20 years  from analysts on BNN. It always comes down to something to do with its dual class structure the NYSE doesn't like. Obviously it would be a great  advantage to be listed there
Comment by Noliess on Nov 23, 2024 11:16am
Are you aware of any other Canadian based dual structured Canadian based Stock listed on NYSE? Bombardier said in 2014 they were perusing a NYSE listing and it never happened. Embraer bombardier rivals at the time were listed on the NYSE. 
Comment by Letsmakemoredol on Nov 23, 2024 12:17pm
so now there is a rule that a Canadian company with dual class shares can't be on the NYSE?  Who cares?  I've already proven 2 major companies with dual class shares trade on the NYSE and I haven't really begin to look yet
Comment by Jacques4444 on Nov 23, 2024 1:34pm
Look for cie as BBD who have share convention saying : 1 A share = 1 vote , 1 B share = 10 votes (for now, I think they have around 90% of the voting power).  Not the same if a cie have a family with 51% or more of the A and controling the cie but without B (or others letters) with vote power (look if Wallmart or others have this condition/convention). But I still hope the family may go to US ...more  
Comment by Letsmakemoredol on Nov 23, 2024 3:03pm
The Bombardier family own 80.80% of the issued and outstanding Class A shares and 1.42% of the issued and outstanding Class B subordinate voting shares of the Corporation and 48.36% of all the voting rights You are correct that the Walton family as another example have huge voting control over Walmart although its not dual class and own 46.51% of stock. Dell is another dual share class ...more  
Comment by Noliess on Nov 23, 2024 10:53am
You are 100 percent correct sir  another person pointed that out . I've  followed this stock for many years and heard that was the reason from many analysts on Bnn
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities