peekay4
This is why I rarely listen to investment advisors. They know as much as me.
wink, wink.
Yes, Bombardier is still
down 75% from the time they started the CSeries... but what do all these analysts know, right? Assuming a healthy 5% growth per year (more than the TSX average return for the past decade), it will take 25 years for Bombardier to simply regain the lost value.
I hope you don't have a lot of BBD.B in your retirement funds...
ICT_SLB:
Delta is considered the US launch customer for the
CS100. Republic's orders were for the
CS300. So Delta didn't take over Republic's orders (at least not yet).
I'm actually quite puzzled that Delta is going with the smaller / cheaper CS100 here, although they may convert some to CS300s. It does give credence to the earlier reports that they were competing primarily vs. Embraer for the deal.
Tomorrow's AGM will be very interesting...