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Bullboard - Stock Discussion Forum 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... see more

TSX:NFI - Post Discussion

NFI Group Inc > Below $10.00..
View:
Post by Wynjoe on May 05, 2022 9:59am

Below $10.00..

You cannot run a business without supplies,end of story. There is nowhere to go but down, to many variables that could go wrong.Great to keep on radar for future gains though.SELL!!!
Comment by 1condor on May 05, 2022 10:14am
Stock is holding up fairly well considering the very bad news lately.
Comment by Wynjoe on May 05, 2022 10:38am
Yes it is,but if this drops more and I suspect it will with all the issues,i see a bottom where dividend exceeds 4 or 5 % just to stomach holding .Market correction at this time will also hurt tremendously.Keep a close eye on recent low!!!
Comment by 1condor on May 05, 2022 8:50pm
Wynjoe...I suspect that the company will soon cancel what divvy remains. This would likely be a nonevent as most now in the stock arent here for the divvy. Another factor as with all stocks that fall hard....is that many will sell into any rally in the SP. It will be a tough road back.
Comment by Capharnaum on May 05, 2022 1:37pm
They have an incredibly large backlog and the number of bids they participate in is increasing. The market probably gives that a good value despite their production problems.
Comment by BearBullBrian on May 05, 2022 4:39pm
I expect it to float up and down and sideways around the 11 to 15 dollar range until something positive happens. There can't really be much more negative news, so there's not going to be ant reason to sell. Equally, there's not going to be any reason to buy unless you think that in time they will fix things and start converting that extensive backlog into deliverables. Keep watching... ...more  
Comment by RayDonovan78 on May 06, 2022 3:02pm
Lol.....Sure, The SMART will buy now and put it in the drawer for 18-24 months and will be very happy they did so !!
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