Post by
RayDonovan78 on Dec 06, 2022 2:29pm
Nice to see NFI in the green today.
Nice to see NFI in the green today considering the markets are tanking once again.
Comment by
WizardFuture on Dec 06, 2022 8:17pm
Yeah it's nice. Not exactly the same buses, but look at $BLBD in the past 2 months.
Comment by
cantlose22 on Dec 07, 2022 2:40am
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Comment by
ol_griz on Dec 07, 2022 11:16am
Well, that was depressing. Was the issue a recovery from supply issues at Bluebird? I'd love to know where that is at here over the last few months.
Comment by
RayDonovan78 on Dec 07, 2022 1:49pm
The supply chain issues are much better and they continue to get substancial orders. As you can see from the hamering of the share price today their debit is the issue, every interest rate increase spooks investors. NFI needs to come out with some possitive news regarding their debt to ease the pain.
Comment by
WizardFuture on Dec 07, 2022 4:27pm
I agree it's an interest and debt game now. A game, I do not like. They have plenty liquidities. $BLBD doesn't have a pretty balance sheet either, but they just had their covenant revised. In my opinon, it is just a formality, but who knows.
Comment by
RayDonovan78 on Dec 08, 2022 9:25am
Dont really follow BLBD but from what I can see NFI Has more than 2x the revenue of BLBD but has double the debt. The positive is that they continue to get substantial orders world wide that BLBD doesnt.