Bullboard - Stock Discussion Forum NFI Group Inc T.NFI

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

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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

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TSX:NFI - Post Discussion

NFI Group Inc > Re:re:re: seriously punishment for no reason

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Post by Rocket101 on May 01, 2022 10:54am

Re:re:re: seriously punishment for no reason

This ain't changing overnight. Material increases along with relentless surcharges keep hitting the producers. Also finding labour isn't easy. China at 6 month low in manufacturing output due to Covid lockdowns. No price discovery = stay away. When all this is engineered with regards to shortages in the world why on earth are companies wanting to produce a finished product at elevated prices. What companies should do is idle. Lay everyone off and send a message to the policy makers. Let people collect benefits. Either get a handle on prices and supply or just do nothing. These are not normal conditions or markets. I remember the word transitory being touted lol. People that think these are normal times and we have true price discovery are most likely the same ones sniffing fairy dust. Stay away as if these conditions persist , worsen along with rate hikes it's going to hit many people and businesses if not already. Went to inquire about a EV vehicle they told me 2 yr lead time and 18 months on hybrid. There you have it

jmho

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