Bombardier Inc (B)

BBD.B-T

TSE:BBD.B

0.51
0.02 (3.03%)
Bombardier Inc. is a multinational aerospace and transportation company based in Montreal, Quebec, Canada.
More at Wikipedia

Analysis and Opinions about BBD.B-T

Signal
Opinion
Expert
SELL
SELL
May 8, 2020
It has really been bankrupt for year, if not for continual government bailouts. Get out of this position. Think of quality US names right now.
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It has really been bankrupt for year, if not for continual government bailouts. Get out of this position. Think of quality US names right now.
DON'T BUY
DON'T BUY
April 14, 2020
It's no longer investment grade, but a trading stock. Too much has fallen apart, like the jet division being sold to Europe. There are so many balls in the air, like a new untested management team.
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It's no longer investment grade, but a trading stock. Too much has fallen apart, like the jet division being sold to Europe. There are so many balls in the air, like a new untested management team.
DON'T BUY
DON'T BUY
April 9, 2020
It is a poorly managed company, highly leveraged, in financial distress and he would not own any part of it, not common, not preferreds, not the corporate bonds not even the most senior most ones. It is not out of the question that this company goes bankrupt.
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It is a poorly managed company, highly leveraged, in financial distress and he would not own any part of it, not common, not preferreds, not the corporate bonds not even the most senior most ones. It is not out of the question that this company goes bankrupt.
DON'T BUY
DON'T BUY
February 7, 2020
Since 2000, they have had negative free cashflow. They have been unable to generate enough cashflow to cover capital expenditures. Things have gotten more expensive along the way and the debt load is weighing down. Most of it is coming due in the next 3 years. They have sold off most assets that they could, and they may sell off their private jet business. However, it will not be enough to cover the debt load. He would look at the bonds if you want a Bombardier but he wouldn't be a buyer.
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Since 2000, they have had negative free cashflow. They have been unable to generate enough cashflow to cover capital expenditures. Things have gotten more expensive along the way and the debt load is weighing down. Most of it is coming due in the next 3 years. They have sold off most assets that they could, and they may sell off their private jet business. However, it will not be enough to cover the debt load. He would look at the bonds if you want a Bombardier but he wouldn't be a buyer.
DON'T BUY
DON'T BUY
February 4, 2020
They're talking to Textron to unload their jets division, which means they will make only trains. But their trains are lemons; just ask Toronto, London and New York which openly complained about the poor quality. He sees no upside in BBD, and they carry massive debt. A hole.
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They're talking to Textron to unload their jets division, which means they will make only trains. But their trains are lemons; just ask Toronto, London and New York which openly complained about the poor quality. He sees no upside in BBD, and they carry massive debt. A hole.
DON'T BUY
DON'T BUY
January 28, 2020
Will they sell their train or business jet division? He sold this a long time ago after they kept failing to build a plane and increasing their costs. They must sell something to capitalize their balance sheet that carries around $10 billion net debt. He doesn't know what they'll sell. Investors have a sour taste over the company, which lacks credibility on the street.
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Will they sell their train or business jet division? He sold this a long time ago after they kept failing to build a plane and increasing their costs. They must sell something to capitalize their balance sheet that carries around $10 billion net debt. He doesn't know what they'll sell. Investors have a sour taste over the company, which lacks credibility on the street.
DON'T BUY
DON'T BUY
January 20, 2020
It's been a disaster for so long and he's about to retire. Problem are the huge government subsidies, lacking efficiency yet capital intensive. Managers have never been straight shooters. Avoid.
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It's been a disaster for so long and he's about to retire. Problem are the huge government subsidies, lacking efficiency yet capital intensive. Managers have never been straight shooters. Avoid.
DON'T BUY
DON'T BUY
January 16, 2020
Not a fan. Was making lower highs. Totally avoid it unless it shows some positive moves, and these aren't in sight. He can't say enough bad about this company on so many fronts. (Analysts’ price target is $2.69)
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Not a fan. Was making lower highs. Totally avoid it unless it shows some positive moves, and these aren't in sight. He can't say enough bad about this company on so many fronts. (Analysts’ price target is $2.69)
DON'T BUY
DON'T BUY
January 8, 2020
He thinks the company still has a ways to go to prove it can make deliveries. Overall, people have been disappointed with this company for some time. The company must get back to a sustainable level of profitability -- something he does not see happening soon.
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He thinks the company still has a ways to go to prove it can make deliveries. Overall, people have been disappointed with this company for some time. The company must get back to a sustainable level of profitability -- something he does not see happening soon.
WATCH
WATCH
December 20, 2019
A tempting stock. In some ways, it has turned around. The horizon has cleared to a degree. The troublesome aviation side has been sold off. Their subway and train business has had problems recently. Looking at the company, things should get better but this situation has already seen.
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A tempting stock. In some ways, it has turned around. The horizon has cleared to a degree. The troublesome aviation side has been sold off. Their subway and train business has had problems recently. Looking at the company, things should get better but this situation has already seen.
SPECULATIVE BUY
SPECULATIVE BUY
December 11, 2019
He is one of the few to think this could be a speculative buy. They have two viable global business lines (trains and jets). Their margins are beginning to improve. It is being sold off right now for tax loss reasons. He sees them being cash flow positive next year which could create a windfall.
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He is one of the few to think this could be a speculative buy. They have two viable global business lines (trains and jets). Their margins are beginning to improve. It is being sold off right now for tax loss reasons. He sees them being cash flow positive next year which could create a windfall.
DON'T BUY
DON'T BUY
November 22, 2019
Every taxpayer is invested in this one, he laughs. Technically it tried to break out to the upside, but it failed. He would put his money elsewhere. It is dead money right now.
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Every taxpayer is invested in this one, he laughs. Technically it tried to break out to the upside, but it failed. He would put his money elsewhere. It is dead money right now.
DON'T BUY
DON'T BUY
October 30, 2019
He avoids it due to volatility. It's been a weak performer this year and the news isn't getting better. Also, there is a growing inventory of used jets on the market, which will pressure new jets that Bombardier makes.
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He avoids it due to volatility. It's been a weak performer this year and the news isn't getting better. Also, there is a growing inventory of used jets on the market, which will pressure new jets that Bombardier makes.
SELL
SELL
October 25, 2019
The issue is that there is a build cycle and lag. There is also the question of delayed deliveries. He wouldn't be a buyer right now since it reminds him of GE. He would take the tax loss and find other opportunities.
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The issue is that there is a build cycle and lag. There is also the question of delayed deliveries. He wouldn't be a buyer right now since it reminds him of GE. He would take the tax loss and find other opportunities.
DON'T BUY
DON'T BUY
October 7, 2019
Other than for short term traders, it should be avoided and always should have been.
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Other than for short term traders, it should be avoided and always should have been.
DON'T BUY
DON'T BUY
August 12, 2019
It is an interesting play here. One would need to understand the fundamentals which he does not focus on. Looking at the chart, there were issues and now a bottom is developing. You would need to take out the $2 resistance. He would avoid it. It is completely speculative on a turnaround.
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It is an interesting play here. One would need to understand the fundamentals which he does not focus on. Looking at the chart, there were issues and now a bottom is developing. You would need to take out the $2 resistance. He would avoid it. It is completely speculative on a turnaround.
DON'T BUY
DON'T BUY
August 2, 2019
Can they cover their debt payments? Transportation division is stumbling with an awful last quarter that pushed the price below 2$
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Can they cover their debt payments? Transportation division is stumbling with an awful last quarter that pushed the price below 2$
DON'T BUY
DON'T BUY
July 30, 2019
Don't touch it. There's a huge hole in the balance sheet of $8-9 billion of funded debt with $7 billion of negative shareholders' equity. They sold off most of the products (C series) they can, like the Blue Jays selling off their stars, left with low-margin products. Meanwhile, you still have the same nepotistic, incompetent management of questionable morality in charge. It amazes him. Hopes the government stops subsidizing BBD, but an election is coming.
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Don't touch it. There's a huge hole in the balance sheet of $8-9 billion of funded debt with $7 billion of negative shareholders' equity. They sold off most of the products (C series) they can, like the Blue Jays selling off their stars, left with low-margin products. Meanwhile, you still have the same nepotistic, incompetent management of questionable morality in charge. It amazes him. Hopes the government stops subsidizing BBD, but an election is coming.
PAST TOP PICK
PAST TOP PICK
July 5, 2019
(A Top Pick Jan 10/19, Down 0.5%) Still likes it. It's cyclical and a heartbreaking stock with so many politics involved. Given volatility he will take some profits sooner than later. Long-term could be challenging. Today, it's good based on risk/reward. At least worth looking at. If it breaks below $2, there's 10% downside vs. 100% upside.
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(A Top Pick Jan 10/19, Down 0.5%) Still likes it. It's cyclical and a heartbreaking stock with so many politics involved. Given volatility he will take some profits sooner than later. Long-term could be challenging. Today, it's good based on risk/reward. At least worth looking at. If it breaks below $2, there's 10% downside vs. 100% upside.
DON'T BUY
DON'T BUY
June 26, 2019
Bombardier bonds Don't buy one high-yield bond. Bombardier has long had negative cash flow that they haven't changed in years.
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Bombardier bonds Don't buy one high-yield bond. Bombardier has long had negative cash flow that they haven't changed in years.
SELL
SELL
May 7, 2019
A poorly managed company that struggles to deliver on its products. There's no end to their problems. BBD needs to reduce its huge debt and get the family out of ownership, though it's not possible now. It also needs to get rid of its dual-class share structure.
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A poorly managed company that struggles to deliver on its products. There's no end to their problems. BBD needs to reduce its huge debt and get the family out of ownership, though it's not possible now. It also needs to get rid of its dual-class share structure.
HOLD
HOLD
May 2, 2019
A company that he really tried to like. There is a trust deficit. There is a potential for an upside. He definitely wouldn't be adding here.
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A company that he really tried to like. There is a trust deficit. There is a potential for an upside. He definitely wouldn't be adding here.
DON'T BUY
DON'T BUY
April 10, 2019
They've sold off some of their businesses and are left with the core. They rely on their business jet. They are fairly levered and isn't in a rush to buy. It's fairly or over-valued now.
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They've sold off some of their businesses and are left with the core. They rely on their business jet. They are fairly levered and isn't in a rush to buy. It's fairly or over-valued now.
SPECULATIVE BUY
SPECULATIVE BUY
March 25, 2019
How does this sector behave in a recession? It's a high-growth cyclical stock, so it will underperform during volatility and outperform during market strength. It's down around 50% over the past year. He has recommended it in the past around $1.30, then he sold it around $3. Yes, there's big upside here, but also great volatility. Very risky.
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How does this sector behave in a recession? It's a high-growth cyclical stock, so it will underperform during volatility and outperform during market strength. It's down around 50% over the past year. He has recommended it in the past around $1.30, then he sold it around $3. Yes, there's big upside here, but also great volatility. Very risky.
BUY
BUY
March 11, 2019
Everytime it get close to $2, he buys. It's built a bottom at $2. A nice range between $2-4 and that's how he'd play it. BBD is fine long term given a constant flow of contracts. BBD should be much higher.
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Everytime it get close to $2, he buys. It's built a bottom at $2. A nice range between $2-4 and that's how he'd play it. BBD is fine long term given a constant flow of contracts. BBD should be much higher.
COMMENT
COMMENT
February 26, 2019
It'll come down to BBD executing and meeting targets, but there are ingrained cultural issues here.
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It'll come down to BBD executing and meeting targets, but there are ingrained cultural issues here.
COMMENT
COMMENT
February 20, 2019
Not a fan. But people extoll its virtues. It is cheap, but she's not a fan of value. If you want to trade it, go ahead. But it's not a long-term hold.
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Not a fan. But people extoll its virtues. It is cheap, but she's not a fan of value. If you want to trade it, go ahead. But it's not a long-term hold.
DON'T BUY
DON'T BUY
February 14, 2019
It is a good day today. It has been a bad 6 months. He has been short it. No cash flow or return on equity. They have too much debt.
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It is a good day today. It has been a bad 6 months. He has been short it. No cash flow or return on equity. They have too much debt.
DON'T BUY
DON'T BUY
February 1, 2019
They effectively sold their airplane division. He looks for companies with good balance sheets and strong margins. He does not see this as a good margin business and would rather look for more quantifiable investments.
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They effectively sold their airplane division. He looks for companies with good balance sheets and strong margins. He does not see this as a good margin business and would rather look for more quantifiable investments.
BUY
BUY
January 28, 2019

A head-scratcher. Tech analysis doesn't work with this. You gotta believe the story. They don't deliver on their contracts and it should be a much-higher stock. That said, he'd buy; it's so cheap now.

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A head-scratcher. Tech analysis doesn't work with this. You gotta believe the story. They don't deliver on their contracts and it should be a much-higher stock. That said, he'd buy; it's so cheap now.

DON'T BUY
DON'T BUY
January 11, 2019
This company has never really made money. The time to buy is when they are in real trouble, because the government will always help them out. It is really a work creation strategy for the government in Quebec. It never makes money. He would trade it, but not own it long term.
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This company has never really made money. The time to buy is when they are in real trouble, because the government will always help them out. It is really a work creation strategy for the government in Quebec. It never makes money. He would trade it, but not own it long term.
TOP PICK
TOP PICK
January 10, 2019
He thinks it was an overdone situation. They have a history of disappointing investors over the years. $1.80 is a pretty significant level. We have a significant seasonal period coming up. It is on track to meet its targets of free cash flow. Yesterday's announcement with New Jersey transit adds to the tailwinds. (Analysts’ price target is $4.60)
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He thinks it was an overdone situation. They have a history of disappointing investors over the years. $1.80 is a pretty significant level. We have a significant seasonal period coming up. It is on track to meet its targets of free cash flow. Yesterday's announcement with New Jersey transit adds to the tailwinds. (Analysts’ price target is $4.60)
WATCH
WATCH
December 24, 2018
He is looking at it. It has been on his watch list for quite a while. They made the same mistake as before when they ran up debt. They are selling off things that will hurt them. They don't seem to care that much about Canada now. Governments may be less likely to feed them in the future. It could be a good buy later on. He would rather sit back and watch it.
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He is looking at it. It has been on his watch list for quite a while. They made the same mistake as before when they ran up debt. They are selling off things that will hurt them. They don't seem to care that much about Canada now. Governments may be less likely to feed them in the future. It could be a good buy later on. He would rather sit back and watch it.
DON'T BUY
DON'T BUY
December 21, 2018
Was following an uptrend, went parabolic, and then fell right out of bed and has continued its waterfall decline. It's like a lot of other stocks, but more of an aggressive breakdown. To him, he has less confidence in an immediate turnaround. He'd like to see a base and for it to go sideways for a while. He's not interested now.
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Was following an uptrend, went parabolic, and then fell right out of bed and has continued its waterfall decline. It's like a lot of other stocks, but more of an aggressive breakdown. To him, he has less confidence in an immediate turnaround. He'd like to see a base and for it to go sideways for a while. He's not interested now.
BUY
BUY
December 19, 2018
It is a risky name. They have dramatically improved their balance sheet. An asymmetric bet in terms that a lot of potential upside if there is no recession and they execute and not much downside if there is a recession.
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It is a risky name. They have dramatically improved their balance sheet. An asymmetric bet in terms that a lot of potential upside if there is no recession and they execute and not much downside if there is a recession.
COMMENT
COMMENT
November 21, 2018
Since 2015, their management has delivered on promises, though last quarter BBD's cash flow had a bad hiccup. Investors punished them. Also the US trade issue hurt them. BBD should be a screaming buy as long as the global economy remains fine and BBD executes. Beware: BBD carries a lot of debt and we're seeing rising interest rates. He still believes in it.
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Since 2015, their management has delivered on promises, though last quarter BBD's cash flow had a bad hiccup. Investors punished them. Also the US trade issue hurt them. BBD should be a screaming buy as long as the global economy remains fine and BBD executes. Beware: BBD carries a lot of debt and we're seeing rising interest rates. He still believes in it.
BUY
BUY
November 16, 2018
For him, this is where he likes things when they’re down 20%. Will take a while to get going, but he doesn’t see it going to 0. Too many governments involved for them to let it go. Way oversold. Would look to buy it here. Could try to get it at $1-1.20.
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For him, this is where he likes things when they’re down 20%. Will take a while to get going, but he doesn’t see it going to 0. Too many governments involved for them to let it go. Way oversold. Would look to buy it here. Could try to get it at $1-1.20.
DON'T BUY
DON'T BUY
November 15, 2018
It does not have the direct oil price exposure that an airline has. They are ramping up for new contracts and are spending money they don't have. It is one of his least favourite stocks in the Canadian universe. There is not a huge growth potential.
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It does not have the direct oil price exposure that an airline has. They are ramping up for new contracts and are spending money they don't have. It is one of his least favourite stocks in the Canadian universe. There is not a huge growth potential.
DON'T BUY
DON'T BUY
November 13, 2018
They've gotten out of some businesses, but they still have their business jet, plus another one coming on. But the transit side of their business continues to disappoint. BBD warned that they will miss margin targets in their transit production, and said their free cash flow is below expectations. They need cash flow because they carry debt. She'd rather buy a peer.
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They've gotten out of some businesses, but they still have their business jet, plus another one coming on. But the transit side of their business continues to disappoint. BBD warned that they will miss margin targets in their transit production, and said their free cash flow is below expectations. They need cash flow because they carry debt. She'd rather buy a peer.
COMMENT
COMMENT
November 8, 2018
Today's event is BBD.B-T. The biggest story is that they are a money pit, taking tax dollars over the long term. Governments just keep throwing money at it over and over. With all the money put into it, where did all the money go and what did tax payers get for it. Their turbo prop is being sold. You have business jets, part of the 'C' series and the transportation business. Every business they are in is political and they just keep bringing the revenue in. This is a trading stock and not an investing stock. The street opinion on this stock is to outperform/buy and nobody ever changes their opinion.
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Today's event is BBD.B-T. The biggest story is that they are a money pit, taking tax dollars over the long term. Governments just keep throwing money at it over and over. With all the money put into it, where did all the money go and what did tax payers get for it. Their turbo prop is being sold. You have business jets, part of the 'C' series and the transportation business. Every business they are in is political and they just keep bringing the revenue in. This is a trading stock and not an investing stock. The street opinion on this stock is to outperform/buy and nobody ever changes their opinion.