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


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

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. > More to come...
View:
Post by flamingogold on Sep 26, 2024 2:04pm

More to come...

$100 is still only $4 pre-consolidation and 39.5% below the 2018 high of $5.58. That is my first sell target. There are many catalysts still to come that will get us there and beyond. The big one will be a credit rating upgrade to investment grade and after that a return of the dividend. Both these will increase the appetite of large funds. GLTA.
Comment by Nordico on Sep 26, 2024 3:27pm
The $100 mental barrier is why I will forever be annoyed that Bomber management opted for a 25-1 reverse split instead of say 15-1. We'd likely be trading at a notably higher market cap right now.
Comment by vonSachsenanhal on Sep 26, 2024 4:02pm
We cracked this "mental barrier" for the first time. Now it's gone.  Onwards and upwards!
Comment by flamingogold on Sep 26, 2024 4:07pm
Yes, a close of $100 exactly, not a penny more. Certainly seems manipulated though for that to happen.
Comment by stockitnow on Sep 26, 2024 5:53pm
25 to 1 brought stability to bombardier stock trading and pushed alot of day traders away.  15 to 1 would not have had same impact. Solid Q3 results will take us above and beyond the 100 mental barrier More units build then last q3 is good, but it's after market which will propel the stock.  Unlike building new airplanes, aftermarket sales and services does not tie down hundreds of ...more  
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