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NFI Group Inc T.NFI

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

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

Post by Canadaforoilon Oct 27, 2022 6:31pm
297 Views
Post# 35054560

Over reaction on stock price?

Over reaction on stock price?I am glad to see it coming back, they still have strong sales.  I believe we will see $12 before Christmas, based on strong sales and green technology backing.  

Will it be taken out around the $10 mark, give or take?  They have been saying for years they want to centralize in the U.S. so I can see it happening with an exit to Canada, giving Trudeau the finger while walking out the door.

If it is a takeover, hopefully a share swap with a major rather than a losing cash deal.
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