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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?


To: M. St.Denis who wrote (822)11/21/2000 5:22:06 PM
From: Stocker  Read Replies (1) | Respond to of 1177
 
They did $0.16 vs the $0.17 expected. Haven't looked the rest of the numbers yet. Sorry.



To: M. St.Denis who wrote (822)11/22/2000 8:56:12 AM
From: Carpe per Diem  Read Replies (1) | Respond to of 1177
 
I wouldn't be alarmed by any weakness in share prices...given the predictability of earnings (order backlog).

Like I have said before, there is never a bad time to buy Bombardier, just better times than others.

Guidance from management says to expect 35% earnings growth over the next two years;

This FY, Bombardier will report $.69 EPS
For FY02 expect (.69 x 1.35) $.93 EPS
For FY03 expect (.93 x 1.35) $1.26 EPS

If BBD maintains their current PE valuation of around 40 or so, their share price should be north of $50 ($1.26 x 40) in just over 2 years...not a bad return from todays levels.