Bombardier Inc (B) (BBD.B.TO)

Won’t own it for a while. They have been knocked off their top perch for some private jets and commercial jets. Until he gets some clarity he would stay away from it.

A tough one. Perennially disappointed and every year analysts get excited, the stock runs up and then it comes back. Quite a bit of leverage. He has avoided it. A tricky one to own and a tricky one to hedge.

In the short term, this is definitely a name that he wants to sit on the sidelines to see what happens. Valuation was compelling for a while whenever coming out with a new C series. All of a sudden there were delays, which cost money. There really is an issue with the balance sheet at this point. He has no doubt that company will get through this. Too risky at this time.

We are in a re-fleeting stage in airlines. But there are better more predictable ways to play the aerospace cycle than this one. There are concerns with free cash flow guidance and delays on the ‘C’ series. We will get more clarity when it comes out later this week. GE, Rolls Royce and UTX make the engines and are a good way to play that sector.

On his watch list. We have to get a very clearer picture as to what exactly is going to happen to the C series. Until we get that, the stock will be under pressure. Recently announced a six-month delay which will push the flight out to late 2015.

With delays like this company is having on something that has been anticipated, there are a lot of disappointed investors. A lot of investors are underwater and you are going to have to fight your way through all those sellers that are hoping to get their money back on the way up. There is no evidence as to when things may turn. Better ponds to fish in.

This is a very, very tough business. They are playing in the big leagues against the Boeings (BA-N) and Enbriers. Gambling billions of dollars on developing new aerospace products. The latest launch has been delayed again and is costing a lot of money. If you own, he would just take a Loss and wait for things to stabilize. This is an industry that he doesn’t like very much.

Has been a great trading vehicle. This is a company that people get wildly optimistic about and then pessimistic. At the current price, you could probably look at it as a potential Long trade. They have built up a lot of debt, so it’s a name that you have to be cautious about. Their most recent problem has been the delay in the C Series. A very competitive space, so be very careful.

Looks like the C series has been delayed another 6-8 months. There are definitely some concerns on the balance sheet. $4 is probably the floor. Emotions can move these stocks much more than what its' floor should be. Feels longer-term, the C series will turn out to be a good plane and will accumulate quite a bit of orders.

It is all about the ‘C’ series these days. The trains have good long term growth, however. The operational delays with the jets are there. Prefers others (MDA-T) in the sector.

A tale of 2 companies. Have the transportation division, which he quite likes. It is very stable and they are a leader in the space. Then there is the aerospace division, which is much more cyclical. The business jet market is picking up but a lot depends on the C series. He tries to stay away from the binary events and prefers companies with more diversified interests. Dividend should be well covered.

Has a $6 target price. C series is the big question mark. They were about 9 months behind in getting it up and will take them at least a couple of years before they actually have passengers. Loves the fact that the company pays a dividend. Financial numbers were virtually the same as a year ago, except for one. Cash outflow a year ago was $175 million and this past quarter, it was around $500 million. Their rail and their other airplanes are doing pretty well.

Have announced orders, but doesn’t feel they have enough C series orders. Their target is 300 and doubts if they are even halfway there. Reported in November and numbers had dropped on the transportation side, which has been an ongoing issue for the last few years. Management has an action plan in place to get their margins back up to their 8% target, but that will take a couple of years. Stock is relatively cheap, so if they can get more orders and show the market they can get reconstruction in place for the transportation side, that’s when you’ll see the share price move. On her watch list.

(Top Pick Dec 31/12, Up 25.88%) Would have preferred CAE but this did okay. For CAE it does not matter what planes are sold. It’s all blue sky for CAE.

Needs better clarity on the C series. Once we see how the orders unfold he would know. This is speculative at best right here.