being up-grade to BUY by Desjardins Invest. since Tuesday night this stock has gained 10% on the news that BBD Recreative Div has been sold $1.2 (it is almost Brazil yearly budget (what a poor and moronic country and they pretend to build aircraft). Vivre Ti-Paul Tellier, Vivre Whysent5000, Vivre Patrick Roy, Vivre my wife, my mother in-law and her doggie Fifine.
BBD growth is in the rail segment and the aero group is slowing down - with no new aircraft products to sell (the 705 is a 900 with 11 seats removed)! Total backlog is now 48% from rail orders. BBD is also not likely to list on the NYSE anytime soon as major ownership/governance issues will prevent.
The new ERJ aircraft offer new technology and have the attention of industry leaders like Southwest Airlines (not related to Air Southwest). Adapting new technology has done well for successful airlines like JetBlue!
(ever wonder why BBD does not have a yahoo message board?)