
TSE:BBD.B
This summary was created by AI, based on 15 opinions in the last 12 months.
Bombardier Inc (BBD.B-T) has seen a remarkable turnaround, transitioning from a near-bankrupt entity to a leader in the business jet segment. Many experts acknowledge the company's strategic emphasis on private aviation, aided by a strengthened balance sheet and significant debt reduction. There are positive catalysts for growth such as a promising order book, expanding margins, and a robust service business bolstered by defense contracts. Although some concerns persist around the cyclical nature of the aerospace market and political influences, the overall sentiment remains optimistic regarding Bombardier's ability to capitalize on its current advantages and continue delivering strong performance.
Kudos to the new management. They have great products. Over spent developing the C Series. Sale of Airbus will turn out positive. Transportation division is working well now. Close to introducing the premium business jet. Company is doing well. Stock has had a big bounce. Likes where the company is going but if they stumble, could fall. Wait for further good news.
He hasn't owned it for a long while though he started looking at it recently. Airbus takes over production of their new plane starting July 1, but how much juice is left in this deal with Bombardier? The train side is a great one for cash flow
(they get paid half the money upon signing a deal). That said, he's cautious. If you hold it, take some profits at $5 and more at $6.
This has been one of the top performers on the TSE over the past year. Making the Airbus deal to expand manufacturing into Alabama was a good move. As they move to being free cash flow positive, they may be able to re-instate the dividend.