NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

Industrials

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 segments: Manufacturing Operations and Aftermarket Operations. The Manufacturing Operations segment manufactures, services and supports transit buses, coaches, medium-duty, and cutaway buses. The Aftermarket Operations segment is engaged in the sale of aftermarket parts for transit buses, coaches and medium- duty/cutaway buses, both for the Company's and third-party products. Its product type includes Heavy-duty transit buses, Single deck buses, Double-deck buses, Articulated buses, motor coaches, low floor cutaway, and medium-duty buses.

TSX:NFI - Post by User

NFI Group Inc > Technically

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Comment by MrAcc0untanton Jul 17, 2020 5:43pm

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Post# 31283557

RE:RE:RE:RE:Technically

There is a blackout period for insiders to buy shares. As per the Ontario Securities Commission the period is between End of the quarter and the Day results are announced for that quarter.
Our insider Mr. Adam cannot buy or sell new shares now untill the next day they announce the Q2 results which is 6th August.
Till then we could see the share price linger around these levels. I have not seen NFI's specific policy on the blackout periods, but right now we wont see any insider trading.

The fact that Mr. Adam bought until the end is interesting.

Anyone think the results will be good despite the pandemic? Or is he just going to restart buying?

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