RE:RE:I hope today's buying is not just Coliseum CapitalHypothetically, if we have the same market conditions as the peak price 2018 conditions, then we are trading at a higher discount that the 72% given the developments that happened in the 26 months which are:
1. Acquisition of ADL, this is a big one and is being underestimated now.
2. We have transitioned into manufacturing electric run buses which is another positive development with the world wanting to move towards EVs.
UK is densely populated, public relies heavily on buses. If they were to completely move towards clean buses (which they have started), guess who is making those buses.
US is a major customer for NFI buses and they are moving towards EVs as well. This one is a little risky as well because look what US did to Bombardier, hope that does not happen to NFI, but it is a risk I am willing to take (If anyone has looked into this, I would love to hear from them).
Lets see, hopefully we see the good old $60 and maybe a higher number as well.