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Bullboard - Stock Discussion Forum NFI Group Inc T.NFI.DB


Primary Symbol: T.NFI Alternate Symbol(s):  NFYEF

NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two... see more

TSX:NFI - Post Discussion

NFI Group Inc > Knifed!
View:
Post by ol_griz on Apr 21, 2023 3:29pm

Knifed!

Is there a bottom?  What do the big guns know that we don't?

We should be recovering by now, imo.
Comment by RayDonovan78 on Apr 21, 2023 4:14pm
Stock price makes absolutely no sense, should be trading well above $10. No insider selling and no insider buying. Short ratio 7.7 as of March 31 not bad considering Canadian banks are higher.
Comment by Eoj123 on Apr 21, 2023 5:49pm
I punted
Comment by RottenRonnie7 on Apr 21, 2023 5:50pm
yeah, surprised to see these levels!  someone correct me but i was of the understanding that the company had already successfully renegotiated most, if not all, their debt short term obligations.  i'm still seeing people talking as if this was still hanging over their head. i do know they worked out some pretty decent terms with the province (MB) as there would be NO way they would ...more  
Comment by pibopibopibopib on Apr 22, 2023 6:14pm
The market don.t want to see an emission on new shares. He 's afraid about dilution. My assumption.
Comment by RayDonovan78 on Apr 25, 2023 8:44am
Yes they have renegotiated and pushed off most of thier debt, The only thing that is scaring investers off is possibly issuing more stock. Dont listen to the NOISE from some posters here, once some possitive numbers start coming out this could easly double when investors start buying back in and all the shorts start covering. NFI is going nowhere !!
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