The management is complete rubbish, Company can produce excellent products, however, when it comes to projecting & meeting deadlines, they are completely useless, it has to be the most abhorred Company in Canada! Management should bow their heads in SHAME!!
Well, now that they've done this large new round of financing - shares and debt - there is NO excuse to break the company into large pieces, and I doubt that is going to happen. That kind of move will certainly result in class-action suits and close government and even police scrutiny, as attested to by the events surrounding SNC.TO. If they do decide to divest a major division like trains or private jets, then the proper way to do that would be through a spin-off to current shareholders.
hate to say this but I feel like I am standing on railroad tracks and seeing the train coming but just can't move. Why in the heck are they offering stock--they are definitely killing the stock price. In one conference they say they don't need to borrow then 2 weeks later they say not are we borrowing 1.2 billion but we are going to dilute with a stock sale??? I hate to say it but the family is going to split trains and planes or the family is going to buy out b shareholders at a low ball price. either way I am sure we are getting the result of family manipulation to their advantage. It just is not right.
Yes that's what it means. But then why did BBD put out a new debt offering if they plan to divest assets to reduce debt? And why oh why did they do secondary share and debt offerings before the CS300 first flight? Surely waiting until after that occured would have gotten them better terms. This silliness has to stop.
may I remind class b shareholders in 2012 , management gave themselves a bonus into the millions.... I mention this against the backdrop that kozlovsky former ceo of tyco industry just finished his sentence for embezzelement... no connection ... however that bonus was unwarranted and undeserved .... see you in may/june at the yearly shareholder's meeting....
some sort of leveraged buyout... the downward share price was orchestrated , by bbd's consultants... they made billions on the way down... now with that money they will turn around and make an offer for some division of bbd , the roadmap for this was made last year by reorganizing and separating divisions , so that now any division can be surgically excised and parceled out ... there is a paper trail the crystal ball says so ?
yep after a decade from blue prints to now a decade.... share price collapse .... predatory capital and vulture capital waiting for the kill...... track record ,shows they will screw up ... in some sort of fashion .. financing ,execution , late deliveries, transportation , virtually no margins.......
you can hand over your shares to them for $ 2.00 on a silver platter... because you and I know they made money ( billions ) on the way down by shorting the stock and creating a negative bias past decade ... ..know they made the money they stole from you and me and now these same crooks want to make an offer ..? do you see how the "system " works ?
egew... this is why class b shareholders bought shares in bbd.... you are proposing what bain capital wants to do through their deceptive and manipulative practices ...who will benefit from this stand alone business ? if your rant continues , you should be locked up , with all the rest of them , who did everything to bring share price to these levels.... deleveraging like they did with brp will be met with class action....... shareholders got nothing from that deal.....
bull ish it on bbd? .... what do you say to people who worked for bbd and see their value diminish from $ 20.00 to present level? ... do you suggest patience ? they will never recapture their loss and their nest egg . in their rrsp... thanks to market makers the caisse , and vulture capitalist who saw an opportunity to steal from those assets in the form of massive shorting programs ........making profits at the expense of their rrsp accounts .... call it what it is thievery ...... and now after a decade of non performance they woke up and stating they have shortfall..... transportation , virtually no margins and is a drag.....brp... certainly is no run like cirque de soleil as bbd being run ....they will dismantle and divest and shareholder's expense, watchout class b shareholders tethers on criminal act with their accomplices
Yes. Called deleveraging ..bombardier recreational products again..bain. ...capital handled the deal..shareholders got nothing.....they will do it again, caisse will also be on the deal..remember Michel sabias comment. the glass is half full..... These guys were shorting the stock all the way down.....
can someone. explain what bombardier is telling us when they say:
To complement this financing plan, the Corporation will explore other initiatives such
as certain business activities' potential participation in industry consolidation in order to reduce debt.
is this saying we are selling certain assets--
boeing & airbus airlines who want to order aircraft have to wait 7-8 years for delivery......bombardier can deliver sooner ..... is this what bombardier has going for it now ?..........glimmer of hope for c series ........do we still have a transportation division ? lately doesn't seem we have one.... hedge funds and vulture capital people should be arrested for manipulating along with iiroc ?
congratulations to all you workers bees at bbd---so rather than fly around and land you guys go for 4 or 5 hours--fast/slow twists/turns low/high altitudes---not just a PR event but a work day. that bird looked good. Not many companies can do what you guys have done. embarer watchout this plane will dominate regionals for next 10 years.
I don't disagree that family may have manipulated earning to depress stock price for some reason--we just don't know---but if it was for them or their "friends" (bain) to aquire more stock then as a lomg holderthis sounds good---worst would be over.