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 > TSX Down 350, DOW Down over 900, NFI in the GREEN

<< Previous

Bullboard Posts

Next >>

Comment by RayDonovan78on Dec 15, 2022 4:49pm

176 Views

Post# 35174369

RE:RE:TSX Down 350, DOW Down over 900, NFI in the GREEN

I have no doubt they will get there refinancing. NFI is not an over hyped tech stock or a Covid pump and dump stock. NFI is a real company that is in demand and continue to get substancial orders. Most banks will not move in on them at this point because they are still selling busses. To move in on them costs money and is a logistic nightmare with a ton of Lawyers and paperwork

WizardFuture wrote: I dunno, but I had the feeling in the past weeks that NFI was up on red days and down on green days. To be honest, I think the shorts are leading the show now.

They're vultures thinking NFI can't refinance.

I think they are wrong. We'll see...

I think we won't have a bottom until the debt and the covenants situation is clear. The new contracts are profitable. Legacy contracts will not be profitable, but they're almost done with them.