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BRP financial problems

BRP NOT THE SAME

I'm not worried, BRP is separate , and mostly owned by the Romney family now ( to best of my knowledge ), and they have almost as much money as G*D .....Mike
 
Have to agree..!!

:agree: and a site called The Motley Fool...to educate entertain and enrich seems a strange place for this kind of reporting...:dontknow:
 
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Oh, good. Mostly Fool is entertainment, not analysis. You are right. Thanks for reminding me of that. I must be getting woozy in my old age.
 
Saw a similar article the other day. Was discussed very briefly on here and easy to miss.

Seemed to me it had to do with their airplane division and did not apply to BRP division in particular. I have not done the research, so do not know how interconnected the divisions are financially.

Flying magazine is where the other article came from. It talked about "troubled" Bombardier getting a new CEO.
 
Magdave said:
BRP is a spinoff of Bombardier Inc., which in 2003 sold its recreational products business to investors including Boston-based Bain Capital Partners LLC, members of the Bombardier and Beaudoin families who are part of closely held Beaudier Group, and Caisse de Depot et Placement du Quebec, Canada’s second-largest pension-fund manager.

http://www.brp.com/en-us/company/news/brp-reports-second-quarter-results-fiscal-year-2015
Click to expand...

:firstplace: Great information. BRP Financials.. :yes::yes:
 
What if____

Although it appears as though there is no connection between our Can-Am sector of BRP and the BRP air division, financially, you can still ask yourself the question: 'What would happen to Spyder if BRP (Can-Am) was also in financial trouble?' Several things could happen, 1. They would stop making the Spyder. 2. The division could be bought out by someone else, i.e. Honda, Harley, BMW, etc.. 3. Someone would purchase the rights to the design and intellectual properties and begin building Spyders. 4. Anyone's guess.

Hopefully things do remain as they are today, but it wouldn't necessarily be the end of the Spyder. It's too good a machine and I believe there are a lot of companies that would like to get their hands on this machine!
 
LEEB said:
Although it appears as though there is no connection between our Can-Am sector of BRP and the BRP air division, financially, you can still ask yourself the question: 'What would happen to Spyder if BRP (Can-Am) was also in financial trouble?' Several things could happen, 1. They would stop making the Spyder. 2. The division could be bought out by someone else, i.e. Honda, Harley, BMW, etc.. 3. Someone would purchase the rights to the design and intellectual properties and begin building Spyders. 4. Anyone's guess.

Hopefully things do remain as they are today, but it wouldn't necessarily be the end of the Spyder. It's too good a machine and I believe there are a lot of companies that would like to get their hands on this machine!
Click to expand...

The same kind of questions came up when I used to work for Tandy Leather Company. Pre-Radio Shack days it was under the umbrella of TandyCrafts. When Charles Tandy founded Radio Shack, the umbrella name became Tandy Corporation. Because Radio Shack became the more well known and (bigger in $) than Tandy Leather, everyone thought we were Radio Shack. Not so, the companies (though founded by some of the same people), were not financially intertwined. They had separate management, boards of directors, and different stockholders. Radio shack did not tell Tandy what to do and vice versa.

Tandy Leather went bankrupt and out of business in the late 90's. They came back when they were purchased by former Tandy management that started their own company (The Leather Factory). They now are pretty much referred to as Tandy Leather Factory. Now, Radio Shack has filed for bankruptcy and is closing all its stores. This will not have an effect on the leather business that I know of.

The leather business actually did me some good as far as investments. I bought stock in the new version and tripled my investment before I sold the shares.
 
Bombardier's new CS300 jet had problems with its Pratt & Whitney engines (one exploded on a test rig) & this really set them back. It is soon due for its maiden flight rather than just takeoff & land.
This drained all their cash & they are up against the mega bucks of Boeing & Airbus & also the Brazilian Embraer.

Bad weather caused them to postpone today's flight. GRRR
 
akspyderman said:
The same kind of questions came up when I used to work for Tandy Leather Company. Pre-Radio Shack days it was under the umbrella of TandyCrafts. When Charles Tandy founded Radio Shack, the umbrella name became Tandy Corporation.
Click to expand...
When I lived in England in 1988/89 what we knew as Radio Shack here in the US was called Tandy over there. I recently found and used a project box with the Tandy name and price tag that I had bought there.
 
Maybe things will work out ok for Bombardier:

Bombardier saw one of its CS300 jets take off from Mirabel airport in Montreal today, the first time the company's larger CSeries plane has taken to the skies.
The first flight test of the CS300 was supposed to happen earlier this week, but was postponed because of inclement weather and a delay in getting Transport Canada's OK.
The CS300 took off successfully a little after 11 a.m. local time.
It's the first time the CS300 has taken to the air, but the company has already had numerous test flights of a smaller version, the CS100.
Friday's test is considered a more important benchmark because about two-thirds of the 240 firm orders Bombardier has for its next-generation jet are for the larger CS300 version.
The project has been plagued by delays, and is now estimated to cost more than $5 billion, at least $1 billion more than the $3.9 billion the company first forecast when it proposed the plane roughly five years ago. It was first supposed to be available to customers in 2013. But new CEO Alain Bellmare, who joined the company in a management shakeup just this month, says the plane is on track to be available later this year.
 
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